transactions

US regulators warn banks against direct transactions in cryptocurrencies, not a complete banking ban – Trendy Blogger

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US regulators warn banks against direct transactions in cryptocurrencies, not a complete banking ban – Trendy Blogger

The US banking regulator instructed banks in 2022 and 2023 to stop directly participating in cryptocurrencies, but did not order them to stop providing banking services to cryptocurrency companies, according to documents released on Friday. The Federal Deposit Insurance Corporation (FDIC) unveiled supervisory “pause letters” following a lawsuit filed by History Associates Incorporated, a research … Read more

A fake company evades Rs 14 billion in taxes through fake transactions – Trendy Blogger

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A fake company evades Rs 14 billion in taxes through fake transactions – Trendy Blogger

A policeman walks in front of the Federal Board of Revenue (FBR) office building in Islamabad, on August 29, 2018. — Reuters FTO finds blatant case of organized tax fraud Fake transactions worth Rs 84 billion were made. Taxes worth Rs 14 billion were evaded in just a few months. ISLAMABAD: A glaring example of … Read more