Payments Source

MARCH 8, 2017

Users of virtual currencies like bitcoin are backing an industry group to oppose tax authorities’ efforts to collect detailed information about the customers of a popular digital currency exchange.

Taxes 60

Taxes Bitcoin Groups Industry 60

PYMNTS

SEPTEMBER 8, 2020

The coins affected included bitcoin, ether, XRP, tezos, algorand and TRON, and the hackers transferred their stolen items into public wallets that have since been emptied, according to CoinDesk. Both companies work to provide tax software for cryptocurrencies, but Blockpit CEO Florian Wimmer said the companies have different strengths.

Bitcoin 141

Bitcoin Fintech cryptocurrency Software 141

PYMNTS

JANUARY 21, 2021

and abroad have concentrated on bitcoin exchanges that facilitate trading, enabling law enforcement to follow the money via the blockchain network's open payment ledger. Regulators in the U.S.

blockchain 281

blockchain cryptocurrency Bitcoin Taxes 281

PYMNTS

FEBRUARY 19, 2020

The summit, according to BloombergTax, will include four 90-minute panels on technology updates, problems with cryptocurrency exchanges, tax return preparation and regulatory guidance and compliance. The summit will include both private sector panelists and government officials sharing their views and engaging with the audience.

Meeting 168

Meeting Groups cryptocurrency Bitcoin 168

PYMNTS

JANUARY 9, 2019

Hans-Ole Jochumsen previously served as vice chairman for NASDAQ Europe, and he plans to help the group with knowledge in know-your-customer (KYC) practices, taxes and the provenance of transactions. The nonprofit is said to be creating a digital currency that comes with a compliance function built in.

Bitcoin 128

Bitcoin Comparison cryptocurrency Taxes 128

PYMNTS

SEPTEMBER 8, 2020

The coins affected included bitcoin, ether, XRP, tezos, algorand and TRON, and the hackers transferred their stolen items into public wallets that have since been emptied, according to CoinDesk. Both companies work to provide tax software for cryptocurrencies, but Blockpit CEO Florian Wimmer said the companies have different strengths.

Bitcoin 131

Bitcoin cryptocurrency Fintech Software 131

Payments Source

DECEMBER 13, 2017

India’s income tax officials are investigating transactions at various illegal bitcoin exchanges, a week after the country’s central bank cautioned users of the virtual currency about potential risks.

Bitcoin 60

Bitcoin Taxes Compliance 60

PYMNTS

OCTOBER 17, 2018

Greater transparency means faster product recalls, greater ability to ensure compliance and legality of the product’s source and safety, and increased support for legal and tax compliance, he said. billion with 13 million recreational users.

blockchain 156

blockchain Compliance Management Bitcoin 156

Payments Source

NOVEMBER 9, 2017

The exploding value of the cryptocurrency since its first real-world transaction in 2010 is one reason the U.S. Internal Revenue Service is pushing to see records on thousands of users of Coinbase Inc., one of the biggest U.S. online exchanges.

Taxes 63

Taxes Bitcoin cryptocurrency Online 63

PYMNTS

OCTOBER 14, 2020

As much as Bitcoin and other cryptocurrencies have attracted scrutiny from the Department of Justice and still lack mainstream acceptance, Voyager’s portfolio of so-called “stablecoins” (which are linked to an underlying currency such as the U.S.

cryptocurrency 323

cryptocurrency Regulation Trends Bitcoin 323

PYMNTS

JANUARY 8, 2020

8), the Securities and Exchange Commission ’s (SEC’s) Office of Compliance and Examinations (OCIE) offered up a list of its priorities for the year that has just dawned. Against that backdrop, we might see the continued evolution of tax policy tied to crypto, and perhaps more defined parameters of crypto as a distinct class of assets.

blockchain 138

blockchain Phoenix Compliance cryptocurrency 138

PYMNTS

FEBRUARY 20, 2019

19), KyckGlobal said it has rolled out is platform for businesses to strengthen their relationship with 1099 workers by simplifying payouts and boosting transparency in the payment, tax management and document storage process. In a press release Tuesday (Feb.

Payments 129

Payments blockchain Bitcoin Taxes 129

PYMNTS

JANUARY 15, 2021

But those same payments mechanisms must be in compliance with various regulatory and legal frameworks. Banks’ approach to stablecoins and crypto in general has broadened from simply holding, say, bitcoin on their balance sheets (and offering services to corporate clients) to include services they can offer to clients.

Regulation 253

Regulation US Payments Compliance 253

PYMNTS

FEBRUARY 18, 2019

Cryptocurrency has come a long way since bitcoin’s emergence as an unregulated, anonymous payment technology. Indeed, what will drive crypto adoption, Chell told PYMNTS, is in the technology’s ability to reduce payments friction, and integrate compliance and security. “Adoption is like water,” he said.

cryptocurrency 175

cryptocurrency Payments blockchain Compliance 175

PYMNTS

MARCH 5, 2018

After all, the regulatory clime has been getting a bit heated for all things crypto based – and as has been seen elsewhere in the world, such as in South Korea , all sort of stakeholders in the bitcoin/Ethereum/etc. In March, of course, at the G20 summit , France and Germany will bring bitcoin and cryptos to the debate, front and center.

Bitcoin 123

Bitcoin cryptocurrency Regulation Course 123

The Paypers

MAY 13, 2016

(The Paypers) Avalara , a provider of tax compliance automation for businesses has revealed plans to explore blockchain technology.

blockchain 28

blockchain Technology Bitcoin Taxes 28

PYMNTS

MARCH 16, 2018

Add to the equation the growing burdens of regulatory compliance stretching across anti-money laundering and know your customer efforts … and record-keeping can become daunting even with the best of efforts. Gox trustees are selling bitcoin in a move to pay back the company’s creditors. Overnight, it seems, Mt.

blockchain 123

blockchain Bitcoin Course Examples 123

PYMNTS

AUGUST 22, 2016

Rogoff also says that cash is used as a tax dodge, as a way to keep illegal immigrants from being paid a respectable wage and for employers to unduly benefit as a result, and for those in European countries as a way to evade the value-added tax and keep the underground economy alive. Reality Check: Bitcoin Is For Criminals.

Payments 100

Payments Bitcoin Cards Taxes 100

PYMNTS

DECEMBER 7, 2017

million in Series A funding, provides blockchain-native accounting, auditing and tax software for blockchain and crypto companies and the financial professionals that service them. Like any business, manual record keeping can be a high-stakes strategy, especially when it comes to regulatory compliance.

blockchain 131

blockchain cryptocurrency Software Regulation 131

PYMNTS

APRIL 11, 2018

Tax season lurches to its end, and thoughts turn to who spends what and where and how. Lower capital thresholds, he said, should lower operating costs associated with regulatory compliance. In regulatory land, spring has sprung, to borrow a seasonal phrase.

Regulation 108

Regulation Capital Leadership Maine 108

Lex Sokolin

DECEMBER 25, 2019

you get paid some market-clearing interest rate to loan out assets like Bitcoin, which someone is borrowing for a trading or hedging purpose. This financial commitment also performs the function of securing the historic accuracy of the data on the chain itself, like electricity-consuming mining does in Bitcoin. all Fintech unicorns?—?that

blockchain 52

blockchain Bitcoin Software Lending 52

PYMNTS

JANUARY 26, 2018

The CFPB also announced that in the meantime, it would be providing waivers to banks hit by the implementation deadline so that compliance efforts would not be complicated by rule changes. South Korea is levying heavy duty taxes on trades. That decision drew markedly mixed reactions. . The reason?

Lending 101

Lending Cards Millennials Data 101

Tomorrow's Transactions

FEBRUARY 29, 2016

Fortunately, one of his advisors, a man who ought to be the patron saint of Finance Ministers everywhere, Yeliu Ch’uts’ai, pointed out that dead peasants paid considerably less tax than live ones, and the plan was halted. Under Pax Mongolia, China prospered. Chris gave a thought-provoking presentation around his new book “Value Web” .

blockchain 30

blockchain Bitcoin Policies Course 30

Lex Sokolin

MAY 13, 2019

I wonder how many of them will buy Bitcoin! The public markets are full of compliance costs, cash-flow oriented hedge fund managers, and passive index manufacturers?—?not not an environment for an Elon Musk-type to do their best work. The underlying cause is GPS in your phone , and therefore the root of the Internet of Things.

San Francisco 40

San Francisco Software Trends Google 40

Lex Sokolin

MAY 13, 2019

I wonder how many of them will buy Bitcoin! The public markets are full of compliance costs, cash-flow oriented hedge fund managers, and passive index manufacturers?—?not not an environment for an Elon Musk-type to do their best work. The underlying cause is GPS in your phone , and therefore the root of the Internet of Things.

San Francisco 40

San Francisco Software Trends Google 40

Jeff For Banks

JULY 8, 2017

The promises included tax cuts to 15% (although a much less dramatic decrease is expected), repeal and replacement of ObamaCare (stalled in the Senate), regulatory reform (some energy rules relaxed, but not much else), infrastructure spending to repair and replace our crumbling structures, roads, airports, electrical grids, etc. We shall see.

Marketing 60

Marketing Community Bank Security Data 60

Fintech Labs Insights

SEPTEMBER 1, 2016

Bitcoin point-of-sale solutions. Self-employment tax payments. Tags: Institutions, blockchain, payments, bitcoin. Source: Crunchbase. Latest round: $4 million Series A. Total raised: $4 million. HQ: Copenhagen, Denmark. Source: Crunchbase. Big data analytics for financial institutions. Latest round: $4 million. VaultInvesting.

New York City 18

New York City Company Fintech Comparison 18

Gonzobanker

DECEMBER 17, 2021

Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. We aren’t talking just Bitcoin or Ethereum. GonzoBanker of the Year – Bank.

Fintech 143

Fintech Strategy Leadership Lending 143

Fintech Labs Insights

AUGUST 14, 2015

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 VAT tax refund solution . Bitcoin exchange. million), mobile security provider Tyfone ($6.6

New York City 12

New York City Company Fintech New York 12

Fintech Labs Insights

MARCH 22, 2016

million for its compliance tools. Compliance tools for digital interactions. Tax preparation technology. Tags: Consumers, tax prep, personal financial management. It was another busy week for Finovate alums with six raising new funds: StreetShares raised $4.5 million for its P2P lending platform for small businesses.

Company 12

Company New York City Fintech Colorado 12

Fintech Labs Insights

JUNE 11, 2015

Avalara , creates software for automated tax compliance. Braintree , a PayPal-owned company that creates payments processing and compliance APIs. Gem : provides a simple Bitcoin platform for developers. Backbase , offers digital banking solutions. BehavioSec , creates behavioral biometrics solutions.

San Francisco 12

San Francisco Company Conference Software 12

Fintech Labs Insights

OCTOBER 19, 2015

Bitcoin compliance solutions. Tags: Consumer, blockchain, crypto-currency, bitcoin. Source: Finovate. 401(k) management. HQ: Leawood, Kansas. Latest round: $4 million Series A. Total raised: $4.1 Source: Finovate. Real-time investment strategies. HQ: Boston, Massecheusetts. Latest round: $2.7 Total raised: $2.7 Scorechain.

New York City 12

New York City Company Fintech New York 12

Fintech Labs Insights

FEBRUARY 14, 2017

Given the pending PSD2 regulation in Europe, almost half of the technology we saw on stage at FinovateEurope had some sort of PSD2 compliance element. The audience was split fairly evenly on the vote, but perhaps some folks were confusing blockchain with bitcoin. Considering the audience, this is not surprising. Rank: red hot.

Fintech 17

Fintech Trends Lending blockchain 17

Fintech Labs Insights

JULY 22, 2015

Avalara will detail the Weird and Wacky World of Sales Tax. Did you know that sales-tax in the U.S. There are over 12,000 taxing jurisdictions covering millions of taxability rule combinations. Blockcypher will explain how Bitcoin and block chains enable programmable money. It embraced Bitcoin and Ripple two years ago.

San Francisco 12

San Francisco Video Fintech Data 12