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Ohio To Let Businesses Pay Taxes With Bitcoin

PYMNTS

Ohio is leading the charge in terms of accepting bitcoin as a payment method, as it is the first state to accept bitcoin to cover tax bills. The state will eventually open it up to individual tax filers as well. Jerry Brito, director of Coin Center, a Washington, D.C.-based

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Remote Seller Taxation: A Job For Tax Automation

PYMNTS

Wayfair Supreme Court decision continue to rattle online merchants, as three states (California, Louisiana and South Carolina) are now trying to collect eCommerce sales tax retroactively, as far back as five years. have moved to collect sales tax from remote sellers, and it’s just the beginning. To date 43 states and Washington, D.C.

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Passage Of SAFE Banking Act Gives Cannabis Businesses Access To Banking

PYMNTS

The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio, all members of the House Financial Services Committee. The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only.

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Wirex Rolls Out Beta Version Of Crypto Business Account

PYMNTS

Wirex, a cryptocurrency and fiat (real money) payments platform, is releasing a beta version of a regulated crypto-oriented business account, according to reports. Last year, Ohio partnered with cryptocurrency company BitPay, and the state became first in the U.S. to allow businesses to pay their corporate taxes in bitcoin.

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Nigerian Presidential Hopeful Wants Blockchain And Crypto To Help Economy

PYMNTS

The terms of this mandate will ensure that these areas are regulated and managed in a way that provides job opportunities as well as income for the government and people of Nigeria. Abubakar added that regulation will “provide clarity” and allow for jobs and income for Nigeria.

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The ICBA 22/23 executive committee is all in

Independent Banker

Coldwater, Ohio. We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. Chairman Brad M. Grand Rapids, Minn.;

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Morning Brief 10.7.19: Paytm's new partnership pushes public WiFi

Payments Source

Today: Paytm extends wireless; Tim Cook takes a veiled shot at Libra; European regulators warn banks on AML; Ohio shuts crypto tax payment site. The information you need to start your day, from PaymentsSource and around the web.

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