article thumbnail

Ohio To Let Businesses Pay Taxes With Bitcoin

PYMNTS

Ohio is leading the charge in terms of accepting bitcoin as a payment method, as it is the first state to accept bitcoin to cover tax bills. The state will eventually open it up to individual tax filers as well.

Ohio 185
article thumbnail

Regulatory Tracker: Sandboxes Gain, While Cryptos Wane

PYMNTS

Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. The specific directive from William Galvin, the state’s head securities regulator, commands that those firms abandon the sale of what have been termed “unregistered securities.” The firms named include Mattervest, Inc.,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Deep Dive: Wayfair’s Complex, Ongoing And Unexpected Effects On Retailers

PYMNTS

Wayfair’s case enabled cities and states to pass economic nexus laws that require out-of-state sellers to collect and remit taxes on local residents’ sales, and it permitted these jurisdictions to implement marketplace facilitator laws necessitating that eCommerce platforms collect and remit taxes on third-party merchants’ sales. .

article thumbnail

How Prepaid Cards Played A Role In El Chapo’s Global Drug Operation

PYMNTS

In 1989, Mr. Guzmán’s brother, Arturo, was stopped as he was driving across the Arizona border carrying more than $1.2 Criminals can direct federal or state tax authorities to issue fraudulent tax refunds on prepaid debit cards.”. million in cash.” A report last year from the U.S.

Cards 147
article thumbnail

Acquire or Be Acquired: Can Banks Get Better While Getting Bigger?

Gonzobanker

Yet, at Bank Director’s Acquire or Be Acquired conference last week in Scottsdale, Arizona, they resembled a college football squad that had just taken down a rival in the BCS championship. The team at Bank Director has done a heck of a job creating a discussion-filled annual ritual with the AOBA conference in the Arizona desert each January.

Arizona 60
article thumbnail

Acquire or Be Acquired: Can Banks Get Better While Getting Bigger?

Gonzobanker

Yet, at Bank Director’s Acquire or Be Acquired conference last week in Scottsdale, Arizona, they resembled a college football squad that had just taken down a rival in the BCS championship. The team at Bank Director has done a heck of a job creating a discussion-filled annual ritual with the AOBA conference in the Arizona desert each January.

Arizona 60