Fed Collaborating with Central Banks to Improve Dollar Funding through Swap Lines
On March 19, the Fed announced plans to team up with five apex banks outside the US to develop strategies to maintain the dollar's value...
UBS Acquiring Credit Suisse for $3.25 Billion Deal
On March 19, the UBS team agreed to acquire the embattled investment bank Credit Suisse at a $3.25 billion buyout deal. The report revealed that...
New York Attorney General Sues KuCoin for Selling Unregistered Securities such as Ethereum
The Attorney General of New York, Letitia James, has registered a lawsuit against the KuCoin project. The lawsuit aims to prosecute the cryptocurrency project as...
Bitcoin Price Jumps as the US Government Tries to Stop Banking Crisis
Bitcoin prices have shown recovery during the last 24 hours. The flagship currency has risen from a slipping price range of $20K and regained $26K...
Bitcoin Surges towards $28000 Level Following Fed’s Injection
The unexpected fallout of the key market players in the banking sector in the US influenced the Federal Reserves to inject $300 million to support...
UK Legislators Introducing Crypto Profits Declaration in 2025
On March 15, the UK legislator announced that taxpayers must file their crypto profit along with their tax returns. The decision aimed at minimizing the...
Russian Crypto Miners Face Potential Prison Sentences for Tax Evasion under Proposed Bill
Reports indicate that the Russian Ministry of Finance proposes severe punishments for individuals who fail to declare cryptocurrency holdings. In addition, the Ministry of Finance...
TASE Stock Exchange Will Now Also Offer Digital Currency Trading
The Tel Aviv Stock Exchange (TASE), an entity that operates the only trading platform in Israel, intends to broaden its authorized operations to permit crypto...
KuCoin Faces Legal Action by New York Authorities
The New York authorities have filed a lawsuit against the cryptocurrency exchange KuCoin. The lawsuit alleges that KuCoin sold unregistered securities to investors in New...
Six Executives of AirBit Plead Guilty to $100M Ponzi Scheme
On Thursday, six executives of AirBit, a Ponzi scheme that left investors counting losses of over $100 million, pleaded guilty to wire fraud and money...