Remove Bitcoin Remove Innovation Remove Management Remove Taxes
article thumbnail

Crypto Fails To Impress For Corporate Tax Payments

PYMNTS

to allow businesses to pay their corporate taxes in bitcoin. While B2B use cases of blockchain are plenty (and gaining greater traction in use cases such as trade finance and cross-border corporate payments), adoption of bitcoin and other cryptocurrencies themselves remains muted in the business community.

Taxes 145
article thumbnail

Payments Innovation Fuels Rise In Football Gambling

PYMNTS

It’s also the start of another football gambling season — one that involves mobile commerce and digital payments, and companies trying to innovate their way to success in this growing field of transactions. These casinos have begun to accept deposits in the form of cryptocurrencies such as Bitcoin and others,” that site reported.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Genesis Molds Treasury Management For The Crypto World

PYMNTS

Reports in CNBC said Davidson described the existing legislative framework in the cryptocurrency market as “sloppy,” and invited industry stakeholders to participate in the roundtable in an effort to “preempt a heavy-handed regulatory approach that could stall innovation and kill the U.S. ICO market.”

article thumbnail

Should Obama ‘Heed The Call’ On Bitcoin?

PYMNTS

Stop ISIS, bring peace to the Middle East, clean up the economy, create more jobs, fix the education system, lower taxes, etc., Promoting bitcoin. Of course, when the former commissioner, Bart Chilton, says bitcoin, he’s talking blockchain and all digital currencies. So, why digital currencies? Just like the Internet.

Bitcoin 100
article thumbnail

Bitcoin Daily: Seagate Data Storage Firm Uses Blockchain To Fight Fraud; Brazil Citizens Must Report Crypto Transactions To RFB

PYMNTS

In other news, Brazil’s Tax Authority has announced that transactions involving cryptocurrencies must now be reported to the Department of Federal Revenue ( RFB ). Those who do not comply will face penalties ranging from 100 to 500 Brazilian reais or from $25 to $130, according to Cointelegraph.

article thumbnail

DMG Blockchain Targets Cannabis Supply Chain Traceability

PYMNTS

Blockchain company DMG Blockchain Solutions is rolling out a new supply chain management solution designed for the legal cannabis market. “The emerging cannabis industry demands product management solutions and blockchain is the most logical choice,” said DMG CEO Dan Reitzik in a statement.

article thumbnail

What do Bitcoin, Ethereum, GDP, unemployment, and Covid have in common?

Lex Sokolin

Bitcoin has never been more valuable, hitting $34,000 and $630 billion in market capitalization. Does it fuel the price of Bitcoin? You don’t even need to be a Keynesian and implement taxes before growing spending. Managing The Journey 2021 roars already with its stressful, fantastical data. Does it create inflation?

Bitcoin 52