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Bitcoin Daily: S. Korea Eyes Crypto Capital Gains Tax; Crypto Lawyers See Rise In Demand

PYMNTS

South Korean crypto users might soon see 20 percent taxes on their currency, according to Cointelgraph. ” But Sung Tae-yoon , an economist with Yonsei University, warned that taxing cryptocurrencies could slow the country’s tech markets. And, the U.S. Abra, which works by letting users bet on price movements of listed U.S.

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Bitcoin Daily: Venezuela May Collect Taxes In Crypto; Russian Agency Proposes AI To Track Crypto Transactions

PYMNTS

Venezuela may be going forward with a plan to allow the use of the Petro (PTR) cryptocurrency to pay taxes, according to Cointelegraph. million in government funding, $6 million of which would be needed by 2021. Because of the new campaign, Petro’s usage has seen a surge in recent days, according to the report.

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Becoming a “Bahama Mama” Crypto-Style: A Closer Look at The Digital Asset Landscape in The Bahamas

Perficient

Some of these online articles can be found here: OCC Provides Roadmap for National Banks and Savings Associations To Conduct Crypto Activities – Perficient Blogs. As reported by the World Bank, in 2021 the GDP of The Bahamas was $9.91 The Pros and Cons of a Potential U.S. Billion, down 14.5% ( and down even more from the $13.16

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Use Our ERC Assist Program to Raise Deposits

South State Correspondent

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects. In 2020, the U.S.

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Deep Dive: Digital ID Developments From Around The World

PYMNTS

A wide range of biometric solutions are being used to develop national identification systems around the world. billion people worldwide will carry digital IDs with embedded biometrics by 2021. Even though biometrics offer notable security advantages, they do come with risks. A reported 3.6 Digitizing government services .

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The top-performing community banks of 2021

Independent Banker

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. On the next pages, you’ll find our listings of the top-performing community banks of 2021 alongside interviews with some of the winners. 3-yr average pre-tax ROA. Brazos National Bank.

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Washington Long-Term Care Program – Did You Know We Have One?

TrustBank

The Washington Long-Term Care Program is the nation's first public state-operated long term care insurance program. percent payroll tax on all employee wages, beginning January 1, 2022. Is There a Cap on the Amount of Wages That Are Taxed? Which Employees Are Subject to Tax/Premium Collections? 04, will be funded by a 0.58