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DC Bar: Lawyers Allowed To Take Digital Currency As Payment

PYMNTS

lawyers will be allowed to accept cryptocurrency as payment, according to an opinion by the District of Columbia Bar. The ethics decision came down because of the increasing prominence of digital currency, with the District of Columbia Bar finding it “cannot hold back the tides of change.” Washington D.C.

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DraftKings Trading Debut: Let The (e)Games Begin

PYMNTS

There are disruptors who come to market and list their shares publicly. And then there are disruptors who come to market and list publicly – right as their targeted markets are themselves disrupted, at least temporarily. and SBTech, trading without having to effect a direct listing or initial public offering (IPO).

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Buying into AML risks in real estate

Abrigo

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. The real estate market is enticing to more than just new homeowners or investors. Real estate market AML risks Real estate is a proven, traditional, and well-established marketplace.

El Paso 195
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Fizzle Of The Week: The Cannabis Payments Conundrum

PYMNTS

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.

Taxes 177
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How Cannabidiol Products Are Infusing Luxury Retail

PYMNTS

Worldwide legal cannabis products represented a $55 billion market in 2018, and most analysts estimate that it will have nearly tripled to reach $147 billion by 2025. the domestic market for legal cannabis in 2018 was $9.1 Here in the U.S., By 2025, estimates put it in the $15 billion range.

Retail 136
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It’s Not Easy Being Green: Cannabis Payments

PYMNTS

Seven other states have followed suit within the last five years, including the District of Columbia. All panel members agreed that forcing a multi-billion-dollar-a-year vertical to operate in a cash-dominated, semi-black market when it comes to financial services is not sustainable — or smart. Higher Risk Than Necessary.

Payments 123
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Who Should Lead The Digital ID Push?

PYMNTS

The digital identity verification market is projected to reach $12.8 Use cases for the digital ID wallet could include accessing age-restricted places like bars, signing into services like online tax filing or verifying identities at polling stations. There’s no question the world is moving in a digital direction.

Wyoming 136