Category: deposits

IRS, Janet Yellen Press Lawmakers To Push ‘Tax Compliance Agenda’ — Banks To Report Deposits, Withdrawals Of $600

On Wednesday, U.S. Internal Revenue Service (IRS) commissioner Charles Rettig and Janet Yellen, the Treasury secretary, urged lawmakers to give the IRS permission to report annual inflows and outflows from…

Crypto Exchange Liquid Hacked, Loses Millions In Various Currencies

Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the…