Key Takeaways - If You Deposit a Lot of Cash, Does Your Bank Report It to the Government? Depositing $10,000 or more in cash means your bank or credit union will report it to the federal government.

Budget 2025 has maintained the existing 30% tax rate on cryptocurrency transactions, with no changes to the taxation framework for Virtual Digital Assets (VDAs).

In order to ensure you can properly report your gains or losses, it is essential to keep a record of your transactions ...

They are created using digital cryptography to process transactions and create new “coins.” Cryptocurrencies like Bitcoin are popular because they are decentralized. In other words, banks and ...

One component of that regime is long overdue for an overhaul: Currency Transaction Reports, or CTRs, that are filed whenever a customer makes a large cash deposit or withdrawal. Thus far, most ...

TPG has a regularly updated guide on the top credit cards with no foreign transaction fees that can help you choose the best cards for your trips. When using a card terminal abroad, you may be ...

BS BFSI Summit: RBI is actively working to link UPI with other countries, aiming for global acceptance that would allow Indians abroad to make payments using UPI, said RBI Deputy Governor ...

The Kiwi 2024 report highlights that UPI-enabled card users now make an average of 40 transactions per month, eight times more than traditional credit card users. Monthly spending has increased by 5%, ...

Mawer, a director at Calumet, Inc. (NASDAQ:CLMT), recently filed a Form 4 with the Securities and Exchange Commission detailing stock transactions ... Calumet expects to report an Adjusted EBITDA ...

Ripple plans to donate $5 million in the form of its own digital token, and the industry is holding an "Inaugural Crypto Ball" to support Trump, Bloomberg reports. Trump's business interests ...