Strategic Move into Stablecoin Infrastructure Modern Treasury, the payment operations platform that emerged from Y Combinator’s 2018 cohort, has made…
Eight Senate Democrats are pressing Trump advisor Steve Witkoff over his undisclosed cryptocurrency holdings. The lawmakers allege potential ethics violations involving Middle East diplomatic work and crypto business ties to the UAE.
Senate Democrats have launched a formal inquiry into Steve Witkoff’s cryptocurrency investments, demanding the Trump administration special envoy explain why he maintained substantial crypto holdings while serving as a top Middle East diplomat. According to reports, eight senators led by Adam Schiff (D-CA) sent a letter Wednesday expressing “serious questions about your compliance with federal ethics laws” regarding Witkoff’s failure to divest from Trump-linked cryptocurrency ventures.
The UK tax authority has significantly escalated its pursuit of unpaid taxes on cryptocurrency gains, according to recently released data. HMRC reportedly sent 65,000 warning letters to crypto investors in the 2024-25 tax year, more than doubling the previous year’s enforcement activity as regulatory scrutiny intensifies.
The UK tax authority has dramatically intensified its campaign to recover unpaid taxes on cryptocurrency investments, according to reports. HM Revenue and Customs reportedly sent 65,000 warning letters to individuals suspected of owing capital gains tax on their digital asset holdings during the 2024-25 tax year, more than double the 27,700 letters sent the previous year.
