FinCEN, the U.S. financial-crime regulator, and the Federal Reserve announced Nov. 6 that they are withdrawing a plan to expand transfer-data duties to cross-border payments as small as $250. Existing…
Rule
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The Office of the Comptroller of the Currency (OCC) has dropped a proposed automatic seven-day stablecoin redemption extension, while defining timely redemption as the point at which the issuer sends…
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Illinois officials have joined crypto industry groups in seeking a six-month delay to the state’s controversial digital-asset tax. The agreed motion, filed Oct. 1 in Sangamon County, asks a judge…
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The Independent Community Bankers of America sued the OCC in federal court in Washington on Oct. 2, two weeks after the agency approved Agora National Trust Bank, Catena Trust Bank…
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The short answer: getting married can raise your taxes, and whether it does depends almost entirely on how your two incomes compare. Two similar paychecks on one return trigger most…
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A federal judge paused the Education Department’s narrow “professional degree” rule, but the new $100K and $200K federal borrowing caps still take effect July 1. A federal judge has paused…
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A coalition of states is pressing a federal judge (PDF File) to halt the Department of Education’s new Public Service Loan Forgiveness (PSLF) rule before it takes effect July 1,…
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Thailand’s Securities and Exchange Commission (SEC) is seeking public comment on proposed rule changes that would allow licensed digital asset businesses to apply directly for derivatives licenses, removing the requirement…
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Stocks
Why ‘Rule of 10’ stocks like Nvidia and Meta are now poised for a comeback, according to Goldman Sachs
Higher bond yields have been hitting secular growth stocks, but that may be about to change.
