Binance might be peak for U.S. crypto enforcement cases, says CFTC official
Representations of cryptocurrencies are seen in front of displayed Binance logo in this illustration taken November 10, 2022. REUTERS/Dado Ruvic/Illustration/File...
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Italy has no intention of backing EU budget rules it cannot meet, FinMin says
Italy's Minister of Economy and Finance Giancarlo Giorgetti delivers a speech at the G7 High-Level Corporate Governance Roundtable in Niigata...
US crypto industry lobby spending on track for new record in 2023
Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File Photo Acquire Licensing RightsWASHINGTON, Dec 5 (Reuters) - The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled to repair their reputations and advance friendly legislation, according to data provided to Reuters by nonprofit research group OpenSecrets.Crypto companies spent $18.96 million in the first three quarters of 2023 on lobbying, compared with $16.1 million during the...
Central bank blunders undermine tough rate talk
LONDON, Dec 5 (Reuters Breakingviews) - Words are fighting it out with numbers in financial markets at present. Comments by...
China looks to deepen EU ties at summit, foreign minister says
File Photo: Chinese Foreign Minister Wang Yi speaks during the 10th trilateral foreign ministers' meeting in Busan, South Korea, Sunday,...
Swiss Banque Pictet pays $123 mln for helping clients evade US taxes
The word "taxes" is seen engraved at the headquarters of the Internal Revenue Service (IRS) in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Dec 4 (Reuters) - Swiss private bank Banque Pictet has admitted to helping U.S. taxpayers hide more than $5.6 billion from the Internal Revenue Service (IRS) and has entered into a deferred prosecution agreement with the Justice Department, federal prosecutors said on Monday.According to prosecutors, U.S. taxpayers with Pictet accounts in Switzerland and elsewhere evaded about $50.6 million in taxes between...
EV charging growth plans slowed by EU’s power grid problems
BRUSSELS, Dec 4 (Reuters) - Electric vehicle drivers hoping to top up their batteries at one of Repsol's (REP.MC) 1,600...
UK needs new plan to reverse hit to living standards, researchers say
People walk alongside the City of London financial district in London, Britain, October 25, 2023. REUTERS/ Susannah Ireland/File Photo Acquire...
German economy minister cancels Middle East trip for budget talks
German Economy and Climate Minister Robert Habeck attends a session of the German lower house of parliament Bundestag in Berlin,...
Far-right parties eye gains in next year’s EU parliament elections
European Union flags fly outside the European Commission in Brussels, Belgium, November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsROME,...
