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Tag: silicon valley bank

UK Treasury Budget Discusses Separate Reporting of Crypto Assets in Tax Documents

March 15, 2023 wp-bot Bitcoin News

Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s

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Why isn’t the Federal Reserve requiring banks to hold depositors’ cash?

March 15, 2023 wp-bot Cointelegraph

The fact that most banks aren’t required to keep your money on hand makes it likely that more bank failures will occur in the months

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British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams

March 15, 2023 wp-bot Bitcoin News

On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers £329 million annually.

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Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown

March 15, 2023 wp-bot Cointelegraph

BTC price attempts to break towards the week’s highs, but a charging U.S. dollar creates some serious friction for Bitcoin bulls.

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Report: Shanghai Bank Mulls Buying Silicon Valley Bank’s Stake in Chinese Subsidiary

March 15, 2023 wp-bot Bitcoin News

According to reports, Shanghai Pudong Development Bank may acquire the China-based subsidiary of Silicon Valley Bank (SVB). Authorities in the Chinese city of Shanghai reportedly

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DOJ and SEC to probe SVB collapse and insider stock sales: Report

March 15, 2023 wp-bot Cointelegraph

The investigations are separate from one another but will both look into Silicon Valley Bank’s collapse and stocks sold by executives prior to its fall.

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