Under the US tax code, collectibles are subject to a 28% capital gains tax rate, compared to 20% for stocks, bonds and cryptocurrencies.
Financial services firm StoneX and Singapore-based AirCarbon Exchange have signed an agreement to create a US-based digital carbon marketplace.
UMW Corp and Maybank will be early adopters of the platform, which was developed by Bursa Malaysia in collaboration with LSEG.
Tron founder Justin Sun sold unregistered securities to US investors, manipulated TRX and BTT markets, and paid celebrities to tout the offerings without disclosing their compensation.
The sanctions were imposed for human rights abuses and violations as well as the production and supply of drones to Russia.
Circle is seeking to be able to hold USD reserves with the Fed rather than with various financial partners. In the long run, a wholesale CBDC could be used.
The sanctions were imposed in the absence of a working multilateral mechanism to respond to its North Korea's latest ICBM launch.
The agreement will allow the SEC to give competent authorities timely access to beneficial ownership information, in line with the FATF recommendations.
The programme seeks to promote corporate venturing as a potential enabling or innovation strategy to catalyse growth.
Foreign-funded institutions have become an "indispensable part" of the domestic financial system, said top official Lou Jiwei.
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