Failure to tax the metaverse ‘will create a tax haven’ — Harvard legal expert
Harvard scholar Christine Kim writes that income and wealth in the metaverse should be subject to immediate taxation.
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EOS Foundation to sue Block.one on failure to honor $1B commitment
Potential plaintiffs in the new lawsuit by ENF may need to opt out of other suits against Block.one to be eligible to participate.
Thodex CEO sentenced to Turkish prison for failure to submit tax documents
Faruk Fatih Özer failed to submit the requested documents to the Tax Inspection Board. He denied being Thodex’s official at the time, which prevents him from presenting the requested books.
Former House Rep blames industry outsiders for associating crypto with bank's failure
According to Barney Frank, Signature Bank's only issue prior to regulators seizing control in March was "crypto-fear inaccurate withdrawals."
2nd biggest US bank failure — 5 things to know in Bitcoin this week
The failure of First Republic Bank marks a volatile beginning to a busy macroeconomic week, while Bitcoin already faces downside pressure.
FDIC pins Signature Bank's failure on poor governance and illiquidity
FDIC blamed SBNY’s board of directors and management for pursuing “unrestrained growth” using uninsured deposits without implementing liquidity risk management strategies.
US Fed faces internal probe over Silicon Valley Bank failure
Federal Reserve chair Jerome Powell said a "careful and thoughtful" review is needed to understand how the bank collapsed under its watch.
Silicon Valley Bank failure could trigger run on U.S. regional banks
A petition urging regulators to step in claims that nearly 40,000 of all depositors at Silicon Valley Bank are small businesses.
Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX
Torres is a crypto supporter who has questioned the performance of the SEC before; he has written new legislation on crypto companies’ proof of reserves and comingling of funds.
Financial Stability Board aims to address crypto-related issues following 'failure of FTX'
Though the board can make recommendations to global policymakers, it largely acts as an advisory body with no enforcement authority.