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China deems all cryptocurrency transactions illegal

China's central bank declared on Friday that all cryptocurrencies are illegal, banning crypto-related transactions and cryptocurrency mining, according to Reuters.

GOP Moves To Block Cash to Iran Through Defense Authorization Bill

Provisions would prevent sanctions relief and expose Iran's malign activities.

Human infrastructure bill gives illegal aliens $300 a month per child

Will incentivize far more immigration

Facebook CTO Mike Schroepfer to step down

Facebook confirmed Wednesday that CTO Mike Schroepfer will leave that post next year and become a part-time adviser, while longtime engineering executive Andrew Bosworth will assume the CTO role.

Fed signals tapering could begin ‘soon,’ projects interest rate liftoff in 2022

Fed's Powell signaled last month tapering could begin later this year.

The Treasury Department’s lucrative revolving door

A lot of government agencies can propel their public-sector employees into high-paying private-sector gigs. Sitting squarely at the top of the list is the Treasury Department.

$5.9M ransomware attack on major agriculture group poses risk to US grain, pork, chicken supply

Attack is believed to have been carried out by BlackMatter, a successor of Colonial Pipeline hacker DarkSide.

Twitter to Pay $809.5 Million to Settle Lawsuit Alleging Jack Dorsey, Others Misled Investors

Twitter disclosed a binding agreement to settle a class-action lawsuit, under which the social network will pay $809.5 million to resolve claims it provided misleading user-engagement info to investors.

Democrats Plan Tax Giveaway To The Rich, Bailout To Blue States

Democrats want working-class families in red states like Florida and Texas to subsidize residents making $200,000, $400,000, or more in places like New York and New Jersey.

Boris Johnson to Face-Off with Amazon Founder Jeff Bezos Over E-Commerce Giant’s Low UK Tax Payments

Amazon’s relatively low tax bill in the UK has been a contentious issue for years. As online sales soared, driven by the COVID-19 restrictions adopted in 2020, the company nevertheless displayed a tax-to-turnover ratio of just 0.37 percent.

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