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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

  • State Street Investment Management joins Galaxy Digital to launch tokenized liquidity fund
  • Bankers urge strengthening the GENIUS Act
  • Sens. Warren, Van Hollen express concerns over SEC exemptions for crypto assets
  • Coalition urges Congress to advance digital asset legislation
  • Maine Bankers Association, Stablecore enter partnership

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