News list for " the law"

Netherlands seeks opinion on crypto tax monitoring law to align with European Union

The Dutch government has sought public comment on a proposed law that would require crypto service providers, such as exchanges, to collect and share user data with local tax authorities to comply with European Union regulations. The Dutch Ministry of Finance said in a press release on October 24: "The purpose of the bill is to increase the transparency of cryptocurrency ownership in order to prevent tax avoidance and evasion." Under the new law, tax authorities will share data collected by serv...

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2024-10-25 11:08:52
Record bets on "big money" run the risk of big losses if the Fed gets its act together

If Fed officials choose to kick off a rate cut in the standard way, the record bets could cost traders big. Data compiled by the media showed that activity in the October Fed funds futures used by investors to bet on Wednesday's decision had surged to the highest level since the contract was launched in 1988. Most of these new bets are that the Fed will cut rates by 50 basis points. The data show that this...

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2024-09-18 06:17:01
China Coast Guard: Take control measures against Philippine vessels in accordance with laws and regulations

On August 26, the WeChat official account of the Chinese Coast Guard released that on August 26, without the permission of the Chinese government, the Philippines sent coast guard ships No. 4409 and No. 4411 to illegally storm the waters near Xianbin Reef in the Nansha Islands of China, continuing to approach the Chinese coast guard ships with normal navigation dangerously and inciting hype.

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2024-08-26 15:41:54