A bank in Pennsylvania recently won a partial victory in its fight for a tax refund. The state's Board of Finance and Revenue (BFR) decided to give back some of the sales and use taxes the bank had paid. The bank had asked for a refund on several things, including landscaping, security gear, buildin
U. S. bank stocks took a hit during morning trading on Tuesday. This happened as investors waited to see if a 10% cap on credit card interest rates would be enforced by the Trump administration. The deadline for this decision was January 20. The proposed cap aims to make credit cards more affordabl
Polygon Labs has made a big move. They bought Coinme and Sequence for $250 million. This is a big deal because it shows that stablecoins are becoming more popular for payments. Stablecoins are digital money that is tied to real-world currencies like the dollar. They are becoming more popular becaus
A prominent investor has raised concerns about a recent proposal to limit credit card interest rates. Bill Ackman, the CEO of a major investment firm, took to social media to criticize President Donald Trump's suggestion of a temporary 10% cap on credit card interest rates. Ackman argued that such
CoinFlip, a digital asset company, has introduced a new way for employees to invest in cryptocurrencies. This program lets workers put money directly from their paychecks into crypto. It's a simple way to buy Bitcoin, Ether, Solana, and other digital currencies. The minimum amount to start is just $
China has taken another step to tighten its grip on digital currencies. This time, the focus is on tokenizing real-world assets. This move comes after years of strict rules on cryptocurrencies. In 2017, China banned initial coin offerings and domestic exchanges. By 2021, the country had completely o
China is tightening its grip on cryptocurrency, with a special focus on stablecoins. The People's Bank of China, along with 12 other agencies, recently held a meeting to discuss the resurgence of crypto trading and the risks it poses. The bank made it clear that virtual currencies are not legal ten
A crypto company with connections to former US President Donald Trump has recently seen some big changes at the top. ALT5 Sigma, which manages crypto investments, said goodbye to its CEO and COO in November. Jonathan Hugh and Ron Pitters left the company, and Tony Isaac, who was the president, is no
Openbank, a digital banking service under Santander, has started offering crypto trading in Spain. This move is part of a bigger trend where banks are starting to take cryptocurrencies more seriously. Just last month, bitcoin reached new highs, and this has caught the attention of many banks and the
Turkey is in the spotlight again as the Financial Action Task Force (FATF) plans to visit the country this month. This visit comes after Turkey was removed from the FATF's "grey list" last year for making progress in combating money laundering and terrorist financing. However, the country must prove
