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United Kingdom crypto companies will need to collect and report data from every customer trade and transfer beginning Jan. 1, 2026 as part of a broader effort to improve crypto tax reporting, the UK government said.Everything from the user’s full name, home address and tax identification number will need to be collected and reported for every transaction, including the cryptocurrency used and the amount moved, the UK Revenue and Customs department said in a May 14 statement.Details of companies, trusts and charities transacting on crypto platforms will also need to be reported.Failure to comply or inaccurate reporting may incur penalties…

United Kingdom crypto companies will need to collect and report data from every customer trade and transfer beginning Jan. 1, 2026 as part of a broader effort to improve crypto tax reporting, the UK government said.Everything from the user’s full name, home address and tax identification number will need to be collected and reported for every transaction, including the cryptocurrency used and the amount moved, the UK Revenue and Customs department said in a May 14 statement.Details of companies, trusts and charities transacting on crypto platforms will also need to be reported.Failure to comply or inaccurate reporting may incur penalties…

CNN  —  Israel and the new Syrian regime have recently held direct talks, according to an Israeli source familiar with the matter – an indication of shifting dynamics between the former enemies as Israel expands its military presence in the country. The talks were held in Azerbaijan and were attended by the chief of the Israeli military’s Operations Directorate, Maj. Gen. Oded Basyuk, the source said, adding that Basyuk met with Syrian government representatives in the presence of Turkish officials. The Israel Defense Forces (IDF) would not confirm or deny that the talks in Azerbaijan took place, but did say…

Summary RPGs with a slow but rewarding progression curve keep fans engaged for the long haul. Games like Gothic and The Witcher 3 captivate players with immersive storytelling and world-building. RPGs such as Disco Elysium and Fallout: New Vegas offer unique experiences that evolve as players progress. Most role-playing games need to feature a great progression curve or a growing sense of wonder to keep fans engaged. After all, any RPG that reveals its hand early on and doesn’t switch things up is bound to leave fans bored, after a point. Related 10 RPGs Scarier Than Most Horror Games, Ranked…

A majestic tall ship collided with the Brooklyn Bridge Saturday night, injuring at least two people, FDNY sources said. Videos on social media show the boat drifting backwards around 8:30 p.m. toward the famous span on the Brooklyn side of the East River, with a huge Mexican flag fluttering off of its stern, as a tugboat motors next to it a little distance away. As a crowd of onlookers in Brooklyn Bridge Park begin to scream in shock, all three masts of the Mexican Navy ship Cuauhtémoc, one after the other, smash into the underside of the Brooklyn Bridge and…

Hong Kong police arrested 12 people involved in a cross-border money laundering scheme that relied on crypto and over 500 stooge bank accounts to launder HK$118 million ($15 million), local news outlets reported.The syndicate was dismantled on May 15, resulting in the arrest of nine men and three women in mainland China and Hong Kong. The suspects allegedly recruited others to open bank accounts to receive proceeds from fraud cases, which were then converted into crypto at crypto exchange shops to launder the illicit funds, Hong Kong Commercial Daily reported on May 17.The criminal organization rented a residential unit in…

Hong Kong police arrested 12 people involved in a cross-border money laundering scheme that relied on crypto and over 500 stooge bank accounts to launder HK$118 million ($15 million), local news outlets reported.The syndicate was dismantled on May 15, resulting in the arrest of nine men and three women in mainland China and Hong Kong. The suspects allegedly recruited others to open bank accounts to receive proceeds from fraud cases, which were then converted into crypto at crypto exchange shops to launder the illicit funds, Hong Kong Commercial Daily reported on May 17.The criminal organization rented a residential unit in…

CNN  —  A hard-right nationalist is favored to win Romania’s presidential election run-off on Sunday – a vote being held five months after the original election was annulled. George Simion won 41% of ballots cast in the first round of the re-run on May 4 – double the number of his rival, Nicusor Dan, the centrist mayor of Bucharest. Many see him as taking up the mantle of Calin Georgescu, the obscure ultranationalist who came from nowhere to win the first round and was poised to become Romania’s next president – until authorities said his TikTok-fueled campaign had been aided…

Public internet infrastructure is the critical speed and performance constraint on high-throughput blockchain networks, according to Austin Federa, co-founder of DoubleZero, a project developing high-speed fiber optic communication rails for blockchains.”The downside of the public internet is it was never built for high-performance systems. It was always built for this sort of relationship of one big server talking to one little server,” Federa told Cointelegraph in an interview at Consensus 2025. The executive explained:”We have validators all around the world. Rotating leader schedules all the time. And then they switch from having to be massive consumers of data to extremely…

Moody’s credit rating agency downgraded the credit rating of the United States government from Aaa to Aa1, citing the rising national debt as the primary driver behind the reduction in creditworthiness.According to the May 16 announcement from the rating agency, US lawmakers have failed to stem annual deficits or reduce spending over the years, leading to a growing national debt. The rating agency wrote:”We do not believe that material multi-year reductions in mandatory spending and deficits will result from the current fiscal proposals under consideration. Over the next decade, we expect larger deficits as entitlement spending rises while government revenue…