Portrait Bank, central Florida’s first new bank since 2017, recently opened its doors for business. Based in Winter Park, Portrait Bank helps to close a gap that had been widening for two d...
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The Securities and Exchange Commission (SEC) is granting temporary exemption for cryptocurrency platforms to trade tokenized stocks. The trading platforms, or tokenized securities venues (TSV), bri...
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New legislation approved by the House Ways and Means Committee this week seeks to provide cryptocurrency and digital asset investors with greater tax certainty and fewer tax compliance burdens. The...
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The CLARITY Act, market structure legislation designed to establish a regulatory framework for cryptocurrency in America, failed to advance on Tuesday after a 49-50 procedural vote in the U.S. Senate....
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The U.S. Department of Justice has obtained multiple felony charges as part of its Operation No Doze initiative, which targeted fraud in the Small Business Administration’s small business COVID-era ...
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Nu, the largest digital bank in Latin America, is launching a new suite of financial products that will be available in the United States. In addition, Nu is rolling out Nu Global, a multi-currency...
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The Office of the Comptroller of the Currency is hiking the asset threshold for financial institutions to qualify for the 18-month examination cycle. In accordance with the 21st Century ROAD to Hou...
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The Blockchain Association and Crypto Council for Innovation filed a lawsuit seeking to bar the State of Illinois from enforcing the Digital Asset Tax Act before it takes effect on Jan. 1, 2027. Th...
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Merion Road Capital Management LLC and Blue Hill Advisors LLC, shareholders of United Bancorporation of Alabama Inc. (UBAB), are asking the company's board to appoint two investment executives as inde...
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EverBank Financial Corp., the parent company of EverBank N.A., and WaFd, Inc., the parent company of WaFd Bank, on Sept. 7 announced that they have entered into a definitive $3.9-billion reverse merge...
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