UK’s HMRC seizes NFTs for first time in tax fraud probe

A CryptoPunk NFT on display at Sotheby’s on June 4, 2021 in New York City. Cindy Ord | Getty Images LONDON – Britain’s tax watchdog has seized three non-fungible tokens, in what is thought to be the first seizure of NFTs by a UK law enforcement agency. Officials at Her Majesty’s Revenue and Customs say … Read more

India bans 54 Chinese apps on security concerns: Report | Coronavirus Pandemic News

The move comes as a long-running dispute between the two nuclear-armed nations remains unresolved. by Bijou George and Sudhi Ranjan SenBloomberg Published On 14 Feb 202214 Feb 2022 India has banned 54 Chinese apps in a new order citing security concerns, according to a local newspaper report, in the latest instance of tensions between the … Read more

US, China tech giants under regulatory pressure, competition

Volkan Furuncu | Anadolu Agency | Getty Images Investors looking to put money into US and China internet giants should be cautious as these companies are facing a myriad of challenges, strategists told CNBC. Investment bank Macquarie said large consumer tech companies like Facebook and Amazon are in the “sunsetting” phase. “You have to be … Read more