Since going all-in on Bitcoin over a decade ago, Tyler and Cameron Winklevoss have had their share of ups and downs. But these days, issues around the billionaire twins’ Gemini crypto exchange just seem to keep piling up.

Crypto exchange Gemini Trust Co. and bankrupt lender Genesis Global Capital on Friday filed to dismiss a lawsuit by the Securities and Exchange Commission that alleges that their Earn product amounted to an offering of unregistered securities.

A businessman who claimed to operate a high-end concierge service featuring custom credit cards crafted from solid gold was actually operating an illegal private bank that provided discreet financial services to high-net-worth customers, prosecutors said.

The typically hyper-volatile Bitcoin hasn’t been so choppy of late at all.

Gulf Binance, a joint venture between Binance and Gulf Innova, has received digital asset operator licenses from Thailand’s Ministry of Finance for a digital asset platform, according to a statement from Binance.

Republican and White House negotiators are moving closer to an agreement to raise the debt limit and cap federal spending for two years, according to people familiar with the matter. The details agreed to are tentative and a final accord is still not in hand. Plus, the two sides have yet to agree on the amount of the cap.

Alfredo Collosa explains how the value-added tax digital toolkit is intended to help African governments with practical guidance on reforming taxation of e-commerce, which is growing rapidly in the region.

The deal agreed to by President Joe Biden and GOP House Speaker Kevin McCarthy this weekend shaves more than $21 billion from the IRS’s $80 billion in supplemental funding, but the White House said it shouldn’t deter the agency’s overhaul plans.

President Joe Biden and House Speaker Kevin McCarthy expressed confidence that their debt-ceiling deal will pass Congress, as party leaders revved up a campaign to ratify the agreement in time to avert a catastrophic US default.

China is considering new tax incentives for high-end manufacturing companies, according to a person familiar with the matter, as Beijing seeks to bolster the economy and encourage more innovation in technology to counter US competition.

South African Finance Minister Enoch Godongwana said he’s concerned about the impact of rolling blackouts and logistical constraints on tax revenue in the current fiscal year, as the Treasury reconsiders its economic-growth forecast.

PwC Australia is putting nine senior partners on leave and appointing independent directors to its board as the embattled firm seeks to claw back confidence in the wake of a tax scandal.

Thanks to funding included in the Inflation Reduction Act, the IRS is planning compliance initiatives several years out, according to two agency officials speaking on May 17.

Cross-border withholding obligations for American and Canadian employers hinges on the duration of an employee’s stay and their residency status in either country, said two consultants speaking to a group of employers at the 41st Payroll Congress.

Tukwila, Washington, announced its first minimum wage rates on the city’s minimum wage webpage on May 26.

Analyzing case law can help employers develop the ability to spot potential trouble, an employment attorney said May 15.

Lyft Inc. and Uber Technologies Inc. won’t have to follow state-mandated minimum driver pay or restrictions on how they deactivate drivers in Minnesota after Gov. Tim Walz vetoed rideshare legislation that the industry opposed.

Both Democratic and Republican administrations have boosted the number of available H-2B visas to address critical labor shortages in seasonal industries. The Biden administration hopes expanding the program might help stem the surge of asylum seekers at the southern border. It’s unclear, though, if it will make a difference.

Alfredo Collosa explains how the value-added tax digital toolkit is intended to help African governments with practical guidance on reforming taxation of e-commerce, which is growing rapidly in the region.

This is a tough month for parents of teenagers in England. Sixteen-year-olds are taking their GCSE exams and 18-year-olds have their A levels. The former are tough exams, the latter are really tough. And when they do well, things can get very expensive.

The UK gilt crisis of 2022 exposed structural flaws in the UK pension system. But it has also spurred reform ideas — like a proposal to create a national retirement fund that would liberate corporate pension plans from an investment straitjacket. The idea ticks a lot of boxes but will face resistance from vested interests.

This week, our experts covered topics ranging from the Supreme Court’s opinion in Tyler v. Hennepin to Maryland’s digital ad tax. For a look at the latest commentary and analysis, check out our weekly roundup.

Joanna Johnston has joined Frazier & Deeter as a tax principal in Las Vegas, the firm said Friday.

As part of a series of views on Tyler v. Hennepin County, Dorsey & Whitney’s Steven Wells and Nick Bullard share how the Supreme Court’s unanimous decision challenges at least 13 states’ forfeiture laws but also leaves unanswered questions.