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Bitcoin Daily: Russia’s Sberbank To Launch Stablecoin This Year; Pornhub Expands Crypto Payment Options

PYMNTS

The filing process only takes about 45 days, but Sberbank is also still debating how Sbercoin will be taxed, according to Cointelegraph, citing news agency Interfax. Popov also noted Sberbank has completed internal testing of the technology and is “ready to work with such a fiat currency,” the report stated. Meanwhile, Nebraska Sen.

Nebraska 142
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The top-performing community banks of 2021

Independent Banker

Whether it’s products and services, technology strategies or employee benefits, independent community banks decide on their own terms what’s best for their business and their customers. 3-yr average pre-tax ROA. Nebraska State Bank. Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. Philadelphia.

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The Blockchain Wave Isn’t Always Smooth Sailing

PYMNTS

Hype over distributed ledger technology (DLT) has certainly led to a bump in shares for companies operating in the space — and even for some companies with seemingly no connection to the tool. The publication said recent financial reports from the firm say it has $429,000 in available cash; bitcoin mining technology could cost millions.

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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

At the age of 26, Nebraska stockbroker and school teacher named Warren Buffett took his “retirement fund” of $174,000 and decided to start his own investment business. In the early 70s, See’s was able to produce about $2M a year (after tax) on just $8M in net tangible assets (including all accounts receivable.)

Omaha 78
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Fintech Fundings: 113 Companies Raised $1.7 Billion in May

Fintech Labs Insights

HQ: Omaha, Nebraska. Password management & secure digital wallet. United Mobile Technology. Online tax preparation. Online investment platform for secured loans. Tags: SMB, credit cards, expense management, bookkeeping, controls, security. Total raised: $35 million. Source: Crunchbase. million Series C.

Company 17
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Fintech Fundings: 27 Companies Raise $345 Million Week Ending August 14

Fintech Labs Insights

It was another stellar week for Finovate alums with 6 fundings totaling $123 million: money transfer service Payoneer ($50 mil), AI innovator Kensho ($33 million), tax specialist VATBox ($24 million), , cash-back specialist Mogl ($7.9 million), mobile security provider Tyfone ($6.6 Artificial intelligence technology.

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

HQ: Omaha, Nebraska. Blockchain technology. Income tax preparation app. Tags: Consumer, tax prep. Source: FT Partners. D3 Banking. Banking platform. Latest round: $16.4 Total raised: $33.4 Source: Crunchbase , Finovate. SpotCap (Rocket Internet). Alt-lender to small businesses. Latest round: $14.4 million Series C.

Company 12