Tag: Cryptocurrency

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Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency.

Why are so many dying in California jails?

More people are dying in California jails than they did before the pandemic, and it’s not because of COVID-19.

Why California Democrats are divided on retail theft bill

Legislators may be off for spring recess, but debates about their bills are still happening outside committee rooms.

California delays financial aid deadline over bungled FAFSA rollout

California Gov. Gavin Newsom on Monday signed legislation extending the deadline for students to apply for state scholarships as problems continue to beset the Biden administration’s rollout of a simplified federal aid form.

How cryptocurrency fits into infrastructure bill

A lot right now in the U.S. Congress. One way lawmakers propose to pay for the $1 trillion infrastructure bill the Senate approved Tuesday is by imposing tax-reporting requirements for cryptocurrency brokers, the way stockbrokers report their customers’ sales to the IRS. It could open the way for tighter regulation of cryptocurrency — something the Biden administration is moving toward as it also pushes for tax compliance.

EXPLAINER: How cryptocurrency fits into infrastructure bill

What does Bitcoin have to do with roads and bridges? A lot right now in the U.S. Congress. One way lawmakers propose to pay for the $1 trillion infrastructure bill the Senate approved Tuesday is by imposing tax-reporting requirements for cryptocurrency brokers, the way stockbrokers report their customers’ sales to the IRS. It could open the way for tighter regulation of cryptocurrency — something the Biden administration is moving toward as it also pushes for tax compliance.

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Why are so many dying in California jails?

More people are dying in California jails than they did before the pandemic, and it’s not because of COVID-19.

Why California Democrats are divided on retail theft bill

Legislators may be off for spring recess, but debates about their bills are still happening outside committee rooms.

California delays financial aid deadline over bungled FAFSA rollout

California Gov. Gavin Newsom on Monday signed legislation extending the deadline for students to apply for state scholarships as problems continue to beset the Biden administration’s rollout of a simplified federal aid form.

Where is employment heading in the Inland Empire?

Once a year, at the beginning of March, the national release of the monthly labor market data coincides with that of the state and the region.
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