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Home » Archives for November 2022 » Page 4

Scott Walker

Former SEC official to serve as AnChain.AI strategic advisor

By Douglas Clark  |   November 2, 2022   |   Digital Currency

Digital asset risk management and Web3 intelligence firm AnChain.AI has selected former Securities and Exchange Commission (SEC) subject matter expert Scott Walker to serve as a strategic advisor. ...

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Federal officials award $5B in New Market Tax Credits

By Dave Kovaleski  |   November 1, 2022   |   Federal

Federal officials recently awarded $5 billion in New Markets Tax Credits (NMTC) to 107 organizations across the country to receive NMTC allocation awards. The New Markets Tax Credit Program permits...

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Reps. Kim, Luetkemeyer wary of new SEC small business regulations

By Douglas Clark  |   November 1, 2022   |   Federal

U.S. Reps. Young Kim (R-CA) and Blaine Luetkemeyer (R-MO) recently forwarded correspondence to the Securities and Exchange Commission (SEC), noting the agency should consider how regulations may impac...

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IRS reports estimated gross tax gap increased to $496B

By Dave Kovaleski  |   November 1, 2022   |   Featured

The Internal Revenue Service (IRS) reported that the estimated gross tax gap increased to $496 billion, a rise of over $58 billion from the prior estimate, for the tax years 2014 through 2016. The...

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New York, New Jersey cannabis licensees advocate SAFE Act passage

By Douglas Clark  |   November 1, 2022   |   Cannabis Banking

New York and New Jersey cannabis licensees and applicants are advocating for the Senate to pass the Secure and Fair Enforcement (SAFE) Banking Act, maintaining the action would decrease minority busin...

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Cannabis Banking

  • Pennsylvania AG among coalition urging Congress to pass cannabis banking bill
  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access

Digital Currency

  • American Bankers Association urges Treasury to prohibit interest for payment stablecoins
  • CSBS outlines policy recommendations for regulators on stablecoin deposits
  • Attorneys general submit response to SEC request for information on cryptocurrency, digital assets
  • BPI, The Clearing House Association offer recommendations on Bank Secrecy Act
  • CME Group introduces trading for Solana and XRP futures

Most Read Last 7 Days

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  • Legislation would address protections around retirement savings
  • First Financial acquires Westfield Bancorp
  • FirstSun Capital to acquire First Foundation Bank
  • ICBA applauds court decision to affirm Fed’s authority on master accounts
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