Legal & Regulatory
Crypto Tax Compliance Tightens With Transactions to be Reported to IRS for First Time
Starting in 2025, the IRS will receive reports on crypto transactions from centralized exchanges like Coinbase, with tax reporting on the 1099-DA form.
Russia Hits Google With $78 Million for Ignoring Previous Penalties on Content
Russia fined Google $78 million for not complying with prior penalty orders, escalating tensions over content moderation and local regulatory challenges.
Turkish Businessman Faces $250K Fine and Jail Time for Illegally Donating to NY Mayor Eric Adams' Campaign
Brooklyn businessman Erden Arkan admitted to funding Eric Adams' 2021 mayoral campaign through illegal "straw donor" schemes, aiding a federal bribery case.
Free Speech vs. National Security: US Supreme Court to Hear TikTok's Appeal As Looming Ban Nears
The US Supreme Court will hear TikTok's case to block a January 19 law requiring its sale or ban, amid debates over free speech and national security.
Latest News
The Biden administration has banned medical debt from credit reports, removing $49 billion in bills for 15 million Americans despite industry opposition.
Nippon Steel and US Steel are suing the Biden administration after the merger between the two companies was blocked over national security concerns, despite promises of U.S. investments.
US Surgeon General's advisory links alcohol to cancer, requiring warning labels on alcoholic beverages, which has caused stock declines for major alcohol companies.
Groups against abortions in the US are targeting abortion pills through lawsuits, state laws, and potential federal action, raising access concerns nationwide.
Google proposes loosening its agreements with tech giants to address monopoly concerns, but critics argue this doesn't fully restore competition.
A British court allows the police to seize over $3.3M from Andrew and Tristan Tate due to alleged tax evasion on $26M in earnings from online businesses between 2014-2022.
New Jersey lawmakers propose replacing criminal charges for underage gambling with fines, directing funds to gambling prevention and treatment programs.
MUFG, Japan's top bank, apologized after an employee stole over $6.6 million from safe deposit boxes; investigations are ongoing with compensation planned.
The Trump team may scrap Tesla-opposed crash-reporting rules, potentially altering vehicle safety regulation.
Nvidia shares drop following Chinese probe into Mellanox acquisition, tied to escalating US-China chipmaking tensions and anti-monopoly concerns.