Exactly, i mean, the essence is theyre trying to create this giant Stitching Ring in order to catch us citizen harboring or storing money abroad. But heres the problem, as has been the problem for the past. However many decades, very few countries have publicly stated that theyre willing to cooperate with the us. And why would they what their incentives a few more tax dollars . Because there is no real incentive here for other countries to cooperate or participate in something like this smaller countries like malta, estonia and even crypto friendly countries like switzerland and japan. They benefited handsomely from its loose regulations that allow them to attract capital to their shores and become the crypto hub. So crypto well has given them an opportunity to develop build supporting infrastructure. And its contributed to a massive Innovation Boom and a Launch Pad F R I C O And I e o, f ts. So these countries have no incentive at all, just pop with the u. S. B in on any sort of tax d
The biden administration wants to know more they say about who is investing, especially if they are foreign to the United States. That announcement from the Treasury Department says it has a proposal which would force exchanges and wallet providers to report for an individuals with accounts to the i r s. With this information, the u. S. Government could turn names over to other governments in exchange for names of us citizens who may be dodging tax liabilities by hiding assets overseas for the story and the latest on the crypto market. Lets bring hosting Crypto Analyst christy. Christy. This is an ambitious plan to get the cooperation of global nations to, to share crypto data is the truth behind this. Its really got nothing to do with foreign investors. It comes down to the by the ministrations bite in administration saying we want info from you on every american who hold crypto overseas. Exactly, i mean, the essence is theyre trying to create this giant Stitching Ring in order to cat
The the Room Bus one business show you cant afford to miss. Im been one and washington and coming up more news for bitcoin in the crypto market, as the Viking Administration looks at gathering even more data across the globe in order to track transactions and the ceo of the company behind the Funding V Vaccine talked with R D about the end of the pandemic, and when things can return to normal, then the federal reserve says its rolling back. Its purchases of corporate bonds in E T F. But just how much of this massive Spending Program actually helps the millions of small businesses shuddered over the past year if the fact show. So lets get started. And we begin with what was a While Day for amc a stock that over the last few days has once again been skyrocketing. Its skyrocketing no more or is it Thursday Amc announced that it plans to sell more than 11000000 shares amid the Trading Frenzy in its stock on that news. Amc stock actually dropped some 7 percent. The stock was put on a Roller
who escaped after stabbing a guard and hijacking a prison bus. crypto-crash: $1 trillion worth of virtual currencies like bitcoin wiped out over the last month. deadly storms: three killed across the midwest from 100- mile-per-hour winds, hail, and tornadoes. did this traffic stop in georgia violate the civil rights of athletes at a historically black cle n e ad. ririte to love in bloom in connecticut. this is the cbs evening news with norah o donnell reporting from the nation s capital. brennan: good evening to our viewers in the west, and thank you for joining us. i m margaret brennan in for norah. tonight, president biden said it is just a matter of weeks before baby formula is back on shelves. the u.s. is working now with manufacturers to import formula and relieve this nationwide crisis. from coast to coast, over 43% of all baby formula products are just out of stock, and in some parts of the country, the problem is even worse. but for some desperate families, espe
tonight for a convicted killer who escaped after stabbing a guard and hijacking a prison bus. crypto-crash: $1 trillion worth of virtual currencies, like bitcoin wiped out over the last month. deadly storms: three killed across the midwest from 100-mile-per-hour winds, hail, and tornadoes. did this traffic stop in georgia violate the civil rights of athletes at a historically black college? and on the road. a spring tribute to love in bloom in connecticut. this is the cbs evening news with norah o donnell reporting from the nation s capital. brennan: good evening, and thank you for joining us. i m margaret brennan in for norah. tonight, president biden said it is just a matter of weeks before baby formula is back on shelves. the u.s. is working now with manufacturers to import formula and relieve this nationwide crisis. from coast to coast, over 43% of all baby formula products are just out of stock, and in some parts of the country, the problem is even worse. but for