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RIL sets October 28 as record date for 1:1 bonus share
Synopsis Reliance Industries received shareholders' approval for 1:1 bonus share and increased authorized share capital. The total percentage of votes cast in favor of the bonus issue resolution was 99.92% with just 0.07% votes against it. ETMarkets.com Oil-to-retail conglomerate Reliance Industries (RIL) has fixed Monday, October 28, 2024 as the record date for determining shareholders eligible for the issue of 1:1 bonus shares, for which it got approval from shareholders. The company in a filing to the stock exchanges also said that it has received shareholders' approval for increasing its authorised share capital. The total percentage of votes cast in...
IRS reveals final regulations for crypto broker rules
The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements. 18376 Total views 14 Total shares Own this piece of crypto history Collect this article as NFT The United States Internal Revenue Service (IRS) revealed its final draft of the new crypto broker reporting requirements on June 28 and clarified the scope of industry participants affected by the new rule changes. According to the IRS’ new reporting guidelines, decentralized exchanges and self-custody wallets will not be subject to the new reporting rules. In the recent update, the IRS explained that it reviewed the...
AUSTRAC Announces Crackdown on Australian Crypto ATMs
AUSTRAC, an Australian financial intelligence agency, announced a new crackdown on crypto ATMs. Although the regulator hasn’t issued an outright ban, it will significantly scrutinize ATMs for legal compliance. AUSTRAC called this crackdown the “first step” in the agency’s broader initiative to fight crypto crime. AUSTRAC to Investigate Crypto ATMs for Enabling Money Laundering The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced this crackdown via a press release on December 6. According to the regulator, scammers have used crypto ATMs to pursue criminal activities and move illicit funds. AUSTRAC sees crypto ATMs as the optimal funnel for money laundering...
