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Libra Could Pose Tax Challenges In Europe

PYMNTS

With the idea of pegging Libra’s value to a basket of international currencies, Facebook ’s proposed cryptocurrency would bring tax challenges to European users, per tax lawyers. This seems to us to be a significant barrier to wide adoption.”. As a result, capital gains and losses would be created.

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Big Tech Compliance Tracker: Apple, Google, Amazon Boost UK Fees To Cover New Digital Tax; Amazon Gets FAA’s OK For Drone Delivery 

PYMNTS

Tumusov wrote in a social media post that “lowering the commission and having the ability to bring products to users is a growth opportunity for IT developers.”. Federal Aviation Administration (FAA) has granted Amazon Prime Air a Part 135 air carrier certificate authorizing the use of drones. and other countries.

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Let’s Talk About European Attitudes Toward US Tech Firms

PYMNTS

It’s beginning to feel like two kids talking smack in a high school hallway — except, in this case, billions of dollars are involved, along with issues of privacy and innovation. technological might when it comes to social media, eCommerce and the digital world. so they are punishing us,” Thiel said, according to reports.

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PayPal Launches iZettle Food & Drink In The UK

PYMNTS

“Contactless and remote payments are now essential for any business; iZettle Food & Drink provides us with an easy and reliable solution along with the business insights needed to navigate our new normal,” said Shaun McCarron , co-owner of The Little Chartroom restaurant in Edinburgh, in a statement.

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. Honkook Kim and his Gentle Monster Brand is a perfect example.

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Amazon And Google Face New European Problems

PYMNTS

In news that Alanis Morissette might find ironic — the rest of us might just stick with “interesting” — Amazon earlier this week announced its formal debut in Turkey , saying that its local eCommerce site features products in 15 different categories, including books, consumer electronics, sports, outdoor, tools and more. companies. “The

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The ICBA 22/23 executive committee is all in

Independent Banker

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach.