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SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering

SEC Charges Gig Economy Platform for .6 Million Unregistered Coin OfferingThe U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise funds for its ‘gig economy platform,’ the development of which had not even started at the time. U.S. Securities Regulator Accuses Thor Technologies’ Management of […]

Trump taps pro-Bitcoin Scott Bessent as Treasury secretary

Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600

Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over 0Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms to users. The U.S. Internal Revenue Service (IRS) is specifically focusing on payments of $600 or more for goods and services received through a third-party payment network. US Residents Think […]

Trump taps pro-Bitcoin Scott Bessent as Treasury secretary