Lawmakers Renew Push to Restore Full Gambling Loss Deductions

Congress again faces pressure from lawmakers who aim to reverse a recent change to the tax code that limits the amount of losses gamblers can deduct, a provision that has created uncertainty for professional players, casinos, and other industry stakeholders. The issue resurfaced this week during a House Rules Committee hearing on HR 7148…Continue Reading

In-Kingdom operating entity to enable compliant digital asset innovation for sovereign and enterprise-scale initiatives under Saudi regulatory frameworksAL KHOBAR, Saudi Arabia, Jan 22, 2src26 – (ACN Newswire) – Open World Ltd. (“Open World”), a blockchain infrastructure company with experience supporting large-scale digital asset initiatives, today announced the establishment of Saudi Arabia’s first RWA (Real-World Asset)Continue Reading

Economic Interests Drive Chinese Climate Leadership Amid U.S. Retreat

As the United States retreats from climate policy, China signaled its rising intent to lead a transition away from fossil fuels and toward Chinese-made renewable energy technologies in remarks to world leaders on Tuesday.  Speaking at the World Economic Forum in Davos, Switzerland, Chinese Vice Premier He Lifeng cast China as a beacon of stabilityContinue Reading