PYMNTS

JANUARY 25, 2021

Officials have until April 1 to divest from any foreign cryptocurrencies, although they won’t be required to report any crypto holdings for the year 2020, the report stated. In other news, in an attack on Indian cryptocurrency exchange BuyUCoin , hacker group ShinyHunters leaked the private information of over 325,000 users, Inc42 reported.

Bitcoin 261

Bitcoin cryptocurrency Data National 261

PYMNTS

JULY 1, 2020

lawyers will be allowed to accept cryptocurrency as payment, according to an opinion by the District of Columbia Bar. ” The opinion also noted that the IRS treats cryptocurrency more as a property than as a currency for tax purposes. Washington D.C.

District of Columbia 197

District of Columbia DC North Carolina New York City 197

PYMNTS

FEBRUARY 18, 2019

Cryptocurrency has come a long way since bitcoin’s emergence as an unregulated, anonymous payment technology. Perhaps the most poignant moment in this evolution came about last week when JPMorgan Chase announced the development of the JPM Coin, the first bank-backed cryptocurrency in the U.S.,

cryptocurrency 175

cryptocurrency Payments blockchain Compliance 175

PYMNTS

APRIL 14, 2019

The National Assembly of France has voted to allow local insurance companies to include cryptocurrencies in life insurance contracts. With these two provisions, it is written in black and white that SPFs can invest in cryptocurrencies like bitcoin,” said Simmons & Simmons attorney Emilien Bernard-Alzias, according to CCN.

Bitcoin 187

Bitcoin cryptocurrency social media New York 187

PYMNTS

JUNE 10, 2019

Certified Professional Accountants (CPAs) in California are calling on an industry watchdog to clarify standards for cryptocurrency accounting, with expectations that corporations will increase their use of cryptocurrencies moving forward. GAAP,” the letter stated.

California 128

California cryptocurrency Taxes Report 128

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. The 2019 Canadian fintech market map. Startups headquartered in Ontario dominate the table, with over 40 fintech companies from this market map headquartered in the Greater Toronto Area.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

OCTOBER 8, 2019

Together, Bitfinex and Tether manipulated a market that, by design, is supposed to be decentralized,” states the lawsuit. In other news, $10 billion worth of bitcoin — or almost 7 percent — is currently held in the wallets of eight major cryptocurrency exchanges. Coin Telegraph reported that Token Analyst found that almost 1.2

Bitcoin 181

Bitcoin Taxes cryptocurrency Innovation 181

PYMNTS

JULY 26, 2020

dollars that does not suffer from the delayed settlement and chargeback issues of traditional payment solutions, or the legal, accounting and tax issues of stablecoins,” the release stated. The new banking options are largely built around blockchain technologies. Avanti made its Wyoming intentions clear in February. ”

Wyoming 153

Wyoming cryptocurrency Regulation blockchain 153

PYMNTS

AUGUST 28, 2019

The Blockchain-as-a-Service (BaaS) model enables organizations to start using Kadena’s blockchain by quickly provisioning it online, significantly reducing the cost and time-to-market associated with the on-premise installation of other blockchain solutions. SEN allows our institutional customers to deposit and withdraw U.S.

Policies 116

Policies National cryptocurrency Bitcoin 116

PYMNTS

MARCH 14, 2018

” Oliver was discussing cryptocurrencies and blockchain on his show, highlighting the massive potential the world of FinTech has touted for the last year or so. Earlier this week, the head of the International Monetary Fund (IMF) described this dichotomy as the “peril that comes along with the promise” of cryptocurrencies.

blockchain 129

blockchain cryptocurrency Regulation Taxes 129

PYMNTS

JANUARY 4, 2019

The new year has dawned with India’s government stating that it is eyeing cryptos with “due caution” and that there are no “clear recommendations” as to cryptocurrencies. And, as newbtc.com reported , there no longer are plans for the Reserve Bank of India to launch a national digital currency. One cue might come from the U.S.

cryptocurrency 139

cryptocurrency Study National Course 139

PYMNTS

AUGUST 2, 2019

The technology could also be used to verify that any returned drives have undergone a “certified erase” process to remove any user data. In other news, Brazil’s Tax Authority has announced that transactions involving cryptocurrencies must now be reported to the Department of Federal Revenue ( RFB ).

blockchain 148

blockchain Fraud Data Report 148

PYMNTS

DECEMBER 20, 2017

Amid rising interest and investment in digital currencies like bitcoin, some countries are issuing new warnings about the volatility involved in cryptocurrency trade. A small company saw shares increase 2,700 percent in the last month following its participation in the bitcoin cryptocurrency boom. According to Tuesday (Dec.

Bitcoin 101

Bitcoin Company cryptocurrency Regulation 101

PYMNTS

OCTOBER 9, 2019

In other news, the SIX Digital Exchange (SDX) announced that it is joining forces with the Swiss National Bank (SNB) on a proof of concept to look into how digital central bank money could be used in the settlement of tokenized assets between market participants. “As We are starting to see more demand pick up in the market,” Lim said.

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

PYMNTS

SEPTEMBER 9, 2019

billion a year from a widespread legal sports betting market, largely as the result of increased fan engagement, and data from this survey show that bettors are more likely to engage with the league, its media partners and with other fans,” the trade group said. Lack of confidence will lead to lower tax revenues.”.

Innovation 137

Innovation Payments Taxes User Experience 137

PYMNTS

JANUARY 17, 2019

As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. Like Du Val, Dunwoodie acknowledged that technological progress has lifted the barrier for smaller employers to meet these demands.

Capital 173

Capital Tools Survey Management 173

PYMNTS

JULY 25, 2018

The move to bring blockchain beyond cryptocurrency confines — and toward more commercial use cases — continues, with far-flung projects making headlines. ” The company has also applied blockchain technology to help protect consumers, by helping security tied to internet access. Blockchain As City Initiative.

blockchain 109

blockchain Google cryptocurrency New York 109

PYMNTS

JANUARY 8, 2020

Among them: cryptocurrencies and the financial (alternative) data that is used in the investment realm. The digital assets market has grown rapidly and presents various risks, including for retail investors who may not adequately understand the differences between these assets and more traditional products,” according to the office.

blockchain 138

blockchain Phoenix Compliance cryptocurrency 138

PYMNTS

SEPTEMBER 15, 2017

Diehards, however, are still crying “ hodl ” — the cryptocurrency community’s rallying cry, inspired by an enthusiastic misspelling of “hold” in a 2013 Reddit thread. business plan, technology, people involved) and prepared to lose your entire stake.”. percent this week. This week, U.K.’s

Bitcoin 177

Bitcoin cryptocurrency blockchain Regulation 177

PYMNTS

NOVEMBER 11, 2016

The election came and went and, with it, brought some stock market shock. International markets opened Wednesday (Nov. International markets opened Wednesday (Nov. But as markets saw their prices fall, bitcoin’s numbers went up. Until now, bitcoin was the only cryptocurrency available to use on the service.

Bitcoin 192

Bitcoin cryptocurrency Security Taxes 192

PYMNTS

OCTOBER 21, 2020

The hackers published the contribution in addition to tax receipts for 0.88 The rebound was very much expected by the market after the digital currency experienced six days of increases in the prior week. in bitcoin ( valued at approximately $10,515 as of 7:04 P.M. Eastern Time on Oct. 20), CoinDesk reported. as of 7:06 P.M.

Bitcoin 234

Bitcoin New York Taxes Report 234

PYMNTS

JANUARY 29, 2018

Headlines swirl around the price of bitcoin and its cryptocurrency cousins, around psychological barriers tied to $10,000 thresholds, around raids on suspect operators, around tax rates in South Korea and hacks of crypto exchanges. The excitement, Holmes told Webster, is alive and well – and “absolutely fascinating.”.

cryptocurrency 120

cryptocurrency blockchain Bitcoin Technology 120

PYMNTS

JULY 9, 2018

As reported in March, a withholding tax of about 15 percent would apply to gains stemming from sales of digital tokens and cryptocurrencies. For company-specific regulatory news, cryptocurrency startup Ripple , the firm that is synonymous with and creates XRP tokens, has been served a third lawsuit alleging securities fraud.

cryptocurrency 101

cryptocurrency Regulation blockchain Data 101

PYMNTS

NOVEMBER 14, 2019

Time report collection, data aggregation across different formats and departments, data consolidation for processing, tax withholdings and benefits calculation must all be done, approved, and processed for on-time payroll. Technological Innovation. Faster payment technologies make payroll “faster and cheaper,” she said.

Payments 127

Payments Compliance Taxes Technology 127

PYMNTS

JANUARY 11, 2021

Although blockchain technology and Bitcoin, its best-known inhabitant, have been around for 10 years, the world is just now entering a seismic transition from holding account-based assets to a system that uses token-based digital assets. We've gone from [trade + 5 days to settle, to trade + 2 days]. That's the best we've done.”.

blockchain 193

blockchain Bitcoin Regulation System 193

PYMNTS

JANUARY 10, 2018

Hype over distributed ledger technology (DLT) has certainly led to a bump in shares for companies operating in the space — and even for some companies with seemingly no connection to the tool. The publication said recent financial reports from the firm say it has $429,000 in available cash; bitcoin mining technology could cost millions.

blockchain 101

blockchain Nebraska Bitcoin cryptocurrency 101

PYMNTS

MARCH 29, 2018

Migrating would save financial institutions from building their own connections and would create access to new technologies and computing developments, Parker said — which is important since many of them are running on platforms that are 50 years old. Time for an update! The startup had to increase its fundraising goal from $1 million to $1.5

cryptocurrency 109

cryptocurrency Regional Bitcoin Cards 109

PYMNTS

OCTOBER 18, 2017

The stock has reached four-year highs due to investor interest in the technology. Pre-tax, Overstock disclosed the subsidiary posted losses of $3.3 JPMorgan Chase and IBM have both announced they are working with financial institutions to use blockchain technology in global payments projects. Shares of Overstock.com rose 11.6

blockchain 109

blockchain Taxes Analysis Trends 109

MyBankTracker

JULY 28, 2020

TradeStation is good for… Beginning investors who want to start building their portfolio More experienced investors who are interested in trading futures or cryptocurrency People seeking commission-free trading for stocks and ETFs Investors who want access to advanced trading platform technology. First, you’ll pay $14.95

Tools 52

Tools Taxes cryptocurrency Online 52

PYMNTS

DECEMBER 1, 2017

million in Series A funding announced this week, Libra said it plans to roll out new apps and services for accounting, auditing and tax processes, according to Accounting Today. provides media and technology services for businesses to tackle “stress and burnout” for businesses and their employees, the company said.

Analytics 118

Analytics blockchain Data Big Data 118

PYMNTS

SEPTEMBER 9, 2016

Tyler and Cameron, who both studied economics at Harvard, are now CEO and president, respectively, of Gemini , a cryptocurrency exchange. But to give the brothers the benefit of the doubt, they also claim that “bitcoin is both disruptive from a technology perspective, but there’s a tremendous power of social good behind it.

Bitcoin 100

Bitcoin cryptocurrency Security Taxes 100

PYMNTS

JANUARY 31, 2020

Instead of having to compete for that direct local payments market against incumbents like WeChat and Alipay, PayPal is starting where the needs are still felt — and if they can capture even a tiny sliver of the domestic market of a billion-plus consumers so much the better. market and it makes sense in the most basic terms.

Bitcoin 100

Bitcoin Payments Los Angeles blockchain 100

MyBankTracker

FEBRUARY 16, 2021

When deciding where to invest online, you may be interested in a platform that prioritizes smart trading technology. Experienced investors seeking high-level market insight for making trading decisions. For example, if you want to trade futures, cryptocurrency or invest with fractional shares, you won’t be able to do that here.

Analysis 52

Analysis Tools Online Taxes 52

PYMNTS

MAY 4, 2018

It may seem that modern technology has already solved this problem. Bloomberg reported last week that hyperinflation in the country was so bad it had “ broken the stock market.”. or Spain, online shopping, cryptocurrency buying and speculating, and peer-to-peer (P2P) transfers.

Bitcoin 110

Bitcoin cryptocurrency blockchain National 110

CB Insights

MARCH 21, 2018

In NY, utility charges include several fees — property and sales taxes, the maintenance of wires and substations, covering costs that your provider may have paid for the electricity in wholesale markets. Customers can support renewable energy even if they don’t have the technology to produce it. Other notable USE CASES.

blockchain 63

blockchain Industry cryptocurrency Examples 63

MyBankTracker

NOVEMBER 13, 2020

The common types include: Stocks Exchange-traded funds (ETFs) Mutual funds Bonds Options Certificates of deposit (CDs) Foreign currencies Cryptocurrencies Some have a wide variety of investment types and offerings while others have limited choices. This is the standard and doesn’t provide any tax benefits. Brokerage fees.

How To 52

How To Taxes cryptocurrency Management 52

PYMNTS

JULY 24, 2018

As banks embrace technology in ways that are both novel and, perhaps, permanent, observers have noted that the shift toward APIs is gaining momentum. The Barclays activity, of course, follows news that American Express filed a patent of its own, which would focus on blockchain proof-of-payment technology.

Fintech 105

Fintech Strategy blockchain Taxes 105