UK Adopts 'No Gain, No Loss' Tax Treatment For Crypto Lending And Liquidity Pools

Federal Prosecutors Probe Guggenheim, Billionaire Dem Donor Walter's Insurers Federal investigators are taking a closer look at billionaire Mark Walter's financial empire, with criminal and regulatory inquiries now spanning Guggenheim Partners and two life insurance companies under his control, according to Bloomberg. The investigation, which began last year, initially focused on Guggenheim's $362 billion asset management business before expanding to Delaware Life Insurance Co. and Clear Spring Life and Annuity Co., according to people familiar with the matter. Bloomberg writes that both insurers revealed in recent regulatory filings that they were served...

Israeli soldiers who killed three Israeli captives in Gaza back in 2023 have said that they were ordered to kill all men they encountered on sight, according to a TV report from Israel’s Channel 13. “A man, no matter what age, don’t play games with it; kill immediately,” one of the soldiers said, according to […]

Russia Says UAE's 'OPECxit' Won't Spark Immediate Price War Russian Deputy Prime Minister Alexander Novak, quoted by the Russian news agency Interfax, downplayed fears that the UAE's planned OPEC exit will trigger an immediate oil price war and race to the bottom.  "In the current situation, what kind of price war can there be when there is a shortage in the market?" Novak said, adding with the Strait of Hormuz remaining all but closed, "a huge amount of oil isn't reaching the market today, and demand is significantly higher than...