Key Highlights Dutch prosecutors want Knaken declared bankrupt to protect about 30,000 customers who can no longer access their crypto funds. Knaken allegedly operated without the required MiCA license, and authorities are concerned that the company is not handling its shutdown in an orderly way. A separate criminal investigation is underway as Europe tightens crypto…
Credit card debt forgiveness could make a lot of sense for borrowers to pursue this July. Rob Hyrons/roberthyrons/Getty Images Credit card debt forgiveness sounds like something too good to be true for borrowers, especially in today’s economic climate. Having a portion of your outstanding debt forgiven, however, is exactly what debt relief companies can help…
Alternative Liquidity Fund nears asset sales, liquidation Investing.com Read the original article here
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It said not paying tax “creates an unfair advantage over businesses that are doing the right thing and affects the revenue needed to fund public services”. Lighthouse Financial managing director Matthew Harris said the company had seen a huge increase in enforcement, ranging from “simple phone calls to taking money out of the business bank…
The US$50 million bond issuance marks the first time the multilateral financial institution has used Macau’s financial infrastructure The debt was entirely backed by a specialized fund dedicated to boosting trade between China and Portuguese-speaking nations The New Development Bank (NDB) has issued debt in Macau for the first time, with the funds earmarked to…
NCLAT sets aside insolvency against Vikram Solar, as debt below Rs 1-cr threshold New Delhi, Appellate tribunal NCLAT has set aside an NCLT order directing the initiation of insolvency proceedings against Vikram Solar, noting that the operational debt involved was below the minimum threshold of Rs 1 crore prescribed under the Insolvency and Bankruptcy Code…
While the collapse of Spirit Airlines at the start of May continues to dominate headlines as the most high-profile airline shutdown of 2026, a number of other small airlines around the world have also seen their finances fall to the point of having to file for bankruptcy and cease operations. Mexican holiday carrier Magnicharters also filed…
Vietnam, Laos share experiences in ODA mobilisation, management Vietnam+ (VietnamPlus) Read the original article here
A 31-year-old repeat offender has been arrested after a phone kiosk in Malang was broken into and 14 iPhones were taken. Police say the suspect, identified as FM, carried out the theft after watching the store and waiting for the right moment. The case drew wider attention because the suspect admitted he used the proceeds…