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Tag: US Treasury

US Treasury

United States, Croatia sign income tax treaty

December 8, 2022December 8, 2022Mrs. Anjum Shahnawaz

WASHINGTON: The United States and Croatia on Wednesday signed a comprehensive income tax treaty between the two countries, according to an official statement issued by US Department of the Treasury. In a ceremony held at the US Department of State today, Under Secretary of State for Economic Growth, Energy and the Environment Jose W. Fernandez […]

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US Treasury

US Treasury sanctions virtual currency mixer Tornado Cash

August 8, 2022July 19, 2025Mrs. Anjum Shahnawaz

WASHINGTON: The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) Monday sanctioned virtual currency mixer Tornado Cash, which has been used to launder more than $7 billion worth of virtual currency since its creation in 2019.

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  • Pakistan’s foreign exchange reserves hit four-year high near $22.60 billion
  • Government defends petroleum price hike amid Middle East tensions
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