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Nations Move Toward Imposing ‘Digital Taxes’ On Big Tech

PYMNTS

Governments around the world are setting their sights on putting a variety of digital taxes on Big Tech giants. France has long been angling to levy digital taxes, although such moves have become a bone of contention with the United States and have faced significant delays. billion of French goods. billion of French goods. Indonesia .

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Elder Abuse Awareness Day 2022: Red Flags for BSA/AML Staff

Abrigo

Now that we’ve turned the corner to June, the countdown begins to World Elder Abuse Awareness Day 2022. World Elder Abuse Awareness Day is an international United Nations observance day commemorated each June 15 by most countries around the globe. Elder Abuse Awareness Day 2022: Red Flags for BSA/AML Staff. Need to Know.

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Bitcoin Daily: Binance Tells US Users To Take Out All Funds; OKEx To Reportedly Restart Withdrawals; S Korea Seeks To Postpone Crypto Tax Law; Coinbase To Only Provide IRS Form 1099-MISC

PYMNTS

On another note, the national assembly of South Korea is advocating for the debut of certain taxation for crypto assets to be postponed, Coindesk reported. And Coinbase will not be providing a Form 1099-K for trades on the Coinbase exchange as of the 2020 tax year, according to a post from the company.

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Cannabis firms are cut off from the US financial system, but relief is in sight

TheGuardian

US Senate is eyeing a bill that would allow banks to do business with cannabis companies – now, if only they would vote on it Imagine that you run a perfectly legal business but are unable to open a simple checking account at a national bank. Believe it or not, that’s the case right now for anyone licensed to sell cannabis in the US.

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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. In 2022, FTX broke ground on its new headquarters in Nassau, the country’s capital. The Pros and Cons of a Potential U.S. Attracting Crypto Corporations.

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Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

What changes will 2022 bring? And as local economies continue to stabilize and many challenged industries bounce back, 2022 may be the year community bankers put the rubber to the road by revisiting goals and turning them into action items. What will drive profit in 2022? Janet Silveria, Community Bank of Santa Maria.

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The ICBA 22/23 executive committee is all in

Independent Banker

From credit union overreach to onerous overregulation, the 2022/23 ICBA board of directors has plenty on its to-do list. When the 2022/23 ICBA board of directors was introduced at ICBA LIVE in San Antonio, Texas, there was a palpable sense of excitement in the air. Photos by Chris Williams. By Molly Bennett.