National Policies social media Taxes 
PYMNTS
JULY 16, 2019
Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.
PYMNTS
NOVEMBER 12, 2018
According to The Next Web , hours after moving all raised funds out of its wallet, the company shut down its website, deleted its social media accounts and kicked all users off its chat group. And Venezuela is trying to lure the world’s oil markets to start using its national cryptocurrency, the petro.
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PYMNTS
SEPTEMBER 24, 2019
The creation of money will “strictly remain the province of sovereign nations,” CoinTelegraph reported. The group investigated how Libra would impact monetary policy, as well as the stability of the financial landscape. German Vice-Chancellor and Finance Minister Olaf Scholz also recently said that parallel currency would be rejected.
PYMNTS
SEPTEMBER 30, 2019
eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. How economic nexus policies play out with restricted substances .
Independent Banker
MARCH 31, 2022
“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. ICBA president and CEO Rebeca Romero Rainey echoes this sentiment.
PYMNTS
NOVEMBER 2, 2020
UN Committee Indicates Support For Initiative To Tax Big Tech In Developing Nations. The United Nation’s Tax Committee of Experts has indicated support for an initiative to assist developing nations in taxing Big Tech, Bloomberg Tax reported on Wednesday (Oct. The committee voted 12-10 Friday (Oct.
PYMNTS
JULY 23, 2019
The Senate’s hearing ended with a lack of clarity on what data Facebook would collect from Calibra transactions, including financial habits of users, and how the company would ensure both national and personal security. For those who missed it, PYMNTS published a recap of Libra’s week in Washington.).
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