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US Treasury Secretary Sees Libra As National Security Threat

PYMNTS

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.

National 187
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Missouri’s Cash Tax Payment Ban Proposal Irks Cannabis Firms

PYMNTS

The state of Missouri is reportedly considering a ban on cash tax payments, a move that has raised concerns for local legal marijuana businesses that are struggling to obtain banking services and relying on cash to remain in operation. On a national level, the U.S.

Taxes 101
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Why Should You Choose NPS As A Tax-Saving Investment?

BankBazaar

Additional Reading: A Millennial’s Guide To Tax-Saving Investments. Say hello to the National Pension Scheme (NPS). NPS is an easily accessible and portable retirement savings instrument that is low cost and tax efficient. As per the 1961 Income Tax Act, NPS offers tax benefits of up to Rs.

Taxes 78
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Use Our ERC Assist Program to Raise Deposits

South State Correspondent

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects. In 2020, the U.S.

Taxes 195
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Bitcoin Daily: Gemini Exchange Joins Silvergate Exchange Network; UK’s National Liberal Party Reveals Crypto Policy

PYMNTS

We are excited to bring our secure and scalable technology to Azure customers as we continue working with Microsoft Azure Marketplace to develop cloud-enabled blockchain solutions.”. ’ SEN is an important step toward changing this,” Joshua Rawlins, managing director of financial operations at Gemini, wrote in a blog post.

Policies 116
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Bitcoin Daily: BlockFi Suffered ?Temporary Data Breach?; Celo Milestone Enables Celo Gold Transfers

PYMNTS

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”.

Data 212
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Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News

PYMNTS

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Uber was ordered to stop securing business in Colombia via its popular ride-hailing app. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws.

Taxes 101