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President Biden Vows to Close Crypto Loopholes, Sending Ripples Through the Market
Cryptocurrency

President Biden Vows to Close Crypto Loopholes, Sending Ripples Through the Market

In a bold move aimed at strengthening the integrity of the tax system and levelling the playing field, President Biden has pledged to eliminate tax loopholes for crypto traders and hedge fund managers. With an estimated $18 billion in lost tax revenue attributed to these loopholes, the President aims to restore fairness and accountability within the crypto industry. The announcement sent shockwaves through the market, prompting a brief dip in Bitcoin's value before it rebounded, showcasing the industry's resilience. Read Also: Israel's Ministry of Defense Seizes Millions in Cryptocurrency Intended for Terrorist Financing, with Support from Binance https://twitter.com/WatcherGuru/status/1674462671989530630 President Biden To Address Tax Evasion Practices President Biden made his int...
Israel’s Ministry of Defense Seizes Millions in Cryptocurrency Intended for Terrorist Financing, with Support from Binance
Crypto Exchanges

Israel’s Ministry of Defense Seizes Millions in Cryptocurrency Intended for Terrorist Financing, with Support from Binance

In a historic achievement in the fight against terrorism, Israel's Ministry of Defense, with crucial assistance from Binance, a leading cryptocurrency exchange, successfully disrupted a significant terrorist financing operation orchestrated by the Hezbollah terror group. The operation not only represents a major victory in counter-terrorism efforts but also deals a blow to the funding activities of Iran's Islamic Revolutionary Guard Corps - Quds Force (IRGC-QF) on the blockchain. Read Also: Shiba Inu (SHIB) Makes Strides in Credibility and Adoption with Recent Developments https://twitter.com/binance/status/1674451617599332353 Binance, known for its commitment to combat illicit activities within the global cryptocurrency ecosystem, played a key role in identifying and thwarting th...