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Bitcoin Daily: Anchorage Crypto Startup Sets Up Shop In Sioux Falls; Crypto Scam Steals $900K From Pension Fund

PYMNTS

“Before I begin my questions, I just want to take a moment to commend the South Dakota Division of Banking for their forward-thinking and willingness to allow for innovation in the digital currency space. The South Dakota Trust Charter allows companies to operate on a national level so you can serve clients from every state.

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Gamblers Descend On Reopened S. Dakota Casinos

PYMNTS

Casinos in Deadwood, South Dakota are opening up again , complete with pictures of enthusiastic gamers clad in masks as they crowd around card and dice tables. Liv Hospitality, a family business, owns and operates Tin Lizzie Gaming Resort and Cadillac Jack’s Gaming Resort and four hotels in Deadwood.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Since Square purchased Afterpay, customers can get an Afterpay card to use with participating retailers that operate with Square, which lets customers use Afterpay for in-store purchases. Pay in 4 is not currently available for residents of Missouri, New Mexico, North Dakota, South Dakota, Wisconsin, or any US Territories.

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OCC targets BSA/AML compliance by Anchorage Digital Bank – only 15 months after granting bank charter to the crypto custodian

CFPB Monitor

The January 2021 Operating Agreement . In January 2021, the OCC granted Anchorage conditional approval for a national trust bank charter. The preliminary approval had requirements, including that Anchorage enter into an Operating Agreement with the OCC. The Consent Order.

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NRF On The Case For Revising eCommerce Sales Tax Laws

PYMNTS

The 2018 South Dakota v. broadly that entities that do not actually handle the payments for third-party transactions would still be required to collect sales taxes on them, for example, explained National Retail Federation Vice President of Government Relations and Tax Counsel Rachelle Bernstein.

Taxes 101
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What Is Powering The Emerging Pawnaissance?

PYMNTS

Policymakers may have simply shifted operating firms from one industry to another, having no real effect on market conduct,” Ramirez writes. While the number of payday lenders in Ohio plummeted, the number of pawnbrokers increased by 97 percent.

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California Dreamin’ (Of A Higher Minimum Wage)

PYMNTS

The $15 hourly minimum wage would be the highest in the nation, and the proposal represents a potential game-changer in the battle to raise the federal minimum wage, which currently stands at $7.25 an hour on Jan. 1, 2017, then to $11 an hour one year later and will see annual increases of $1 until reaching $15 an hour on Jan.