A businessman has brought Tk 730 crore under the guise of remittances from abroad and claimed a tax break, creating suspicions of tax evasion among officials of the National Board of Revenue (NBR).

Dubai: The Indian rupee has pulled back from its all-time low of 23.95 to the dirham (87.95 to a dollar), but there is as yet ...

On March 11, 2025, the United States Department of the Treasury’s (Treasury) Financial Crimes Enforcement Network (FinCEN) issued a ...

Spruce Point Capital Management, LLC ("Spruce Point" or "we" or "us"), a New York-based investment management firm that focuses on forensic research and short-selling, today issued a detailed report ...

The Sinhala and Tamil New Year is still weeks away, but for remittance customers of the Commercial Bank of Ceylon ...

Cryptocurrency payments are growing fast, and more businesses are recognizing their potential. To keep up with this demand, service providers are constantly finding ways to make crypto payments ...

Global payments infrastructure provider Nium has expanded its real-time payment network to include Australia. This enables businesses to process instant cross-border payments to Australian bank ...

“Additionally, rates are further expected to stay under pressure in the next few months as of now,” Singh added, but when asked what is a near-term trend remitters can rely on to base their ...

Related: Australian regulator’s ‘blitz’ hits crypto exchanges, money remitters Detective Inspector Patrick Watkinson, from the North West Metro Regional Crime Squad, said they had arrested ...

StraitsX, a Singapore-licensed stablecoin issuer and digital payment infrastructure provider, has partnered with Standard Chartered to strengthen the reserve management of its U.S. Dollar (XUSD) and ...

Australian regulator sends a strong message to crypto exchanges and money remitters Last December, Thomas said the government agency would focus on the crypto industry in 2025 as part of a crackdown ...