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DC Bar: Lawyers Allowed To Take Digital Currency As Payment

PYMNTS

lawyers will be allowed to accept cryptocurrency as payment, according to an opinion by the District of Columbia Bar. The ethics decision came down because of the increasing prominence of digital currency, with the District of Columbia Bar finding it “cannot hold back the tides of change.” Washington D.C.

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

TheGuardian

In the US, 38 states have legalized marijuana for medical use and 23 of them have legalized it for recreational purposes, including three territories and the District of Columbia. An additional eight states have decriminalized its use. Continue reading.

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Site Visits Fuel Anticipation For Amazon’s HQ2

PYMNTS

However, the suburbs of Montgomery County, Maryland and Northern Virginia, along with the District of Columbia, have “long been speculated to be frontrunners,” according to the paper. In terms of geographies, unnamed sources say that Amazon might want an urban site.

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DraftKings Trading Debut: Let The (e)Games Begin

PYMNTS

.” The gates are open for states to embrace sports gambling as a source of revenue, as 21 states and the District of Columbia have legalized sports gambling. As noted in this space back in January, eSports winners could conceivably pay more of their winnings to state coffers in the form of taxes.

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Buying into AML risks in real estate

Abrigo

In 2016 when the Panama Papers exposed an international network of offshore entities involved in tax evasion, fraud, and sanction evasion, some of which included real estate holdings, regulations began to change.

El Paso 195
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IRS Asks Court To Dismiss Motion To Block It From Accessing Coinbase Data

PYMNTS

The IRS, for its part, argued the John Doe summons was to get information on certain unknown tax payers, and now that Berns has outed himself as a Coinbase customer, it doesn’t need the John Doe summons for Berns. It is licensed in 34 states, the District of Columbia and Puerto Rico and operates in 32 countries.

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Baker Technologies Raises $3.5M, Enables Cannabis Dispensaries

PYMNTS

Further, eight states and the District of Columbia have voted for full medical and recreational legalization. billion in state tax revenue from retail sales by 2020. As of 2017 , there are 28 total states that have voted to legalize marijuana in some form for medical purposes.