The United States Securities and Exchange Commission (SEC) plans to propose new rules that would toughen the requirements for cryptocurrency firms to become qualified custodians for institutional fund...
Tag: Qualified
US SEC to vote on new rule overseeing crypto firms as qualified custodians
Per a recent Bloomberg report, the commission is working on a draft proposal that would make it difficult for crypto firms to operate as “qualified custodians”. The US Securities and Exchange Commissi...
Is an IRA a Qualified Plan?
A qualified retirement plan is an investment plan offered by an employer that qualifies for tax breaks under the Internal Revenue Service (IRS) and ERISA guidelines. An individual retirement account (...
Nevada Supreme Court Upholds The Right To Sue The Government, Blocks Qualified Immunity
In a landmark decision late last month, the Nevada Supreme Court unanimously ruled that victims of wrongful searches and seizures have the right to sue the responsible government officials. Just as cr...
Additional Taxes on Qualified Plans Definition
What Is Form 5329: Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts? Form 5329, entitled “Additional Taxes on Qualified Retirement Plans (including IRAs) and O...
What Are Qualified Retirement Plan Types?
A qualified retirement plan is simply a plan that meets the requirements set out in Section 401(a) of the U.S. tax code. This does not mean that other types of plans are not available to build your ne...
Qualified vs. Non-Qualified Dividends: What’s the Difference?
qualified vs nonqualified dividends Many people wonder whether they should be investing in qualified or non-qualified dividends and what the differences are. The largest difference is in how each is t...
ERI’s John Shegerian Points to FTX Failure as Prime Example Why Qualified, Ethical Governance is Essential in Business
NEW YORK–(BUSINESS WIRE)–#circulareconomy–In the wake of the massive FTX Crypto collapse, which many experts and analysts are referring to as “the biggest and most far-reaching financial scandal in re...
Lack of ‘qualified people’ without more Web3 education, say academics
Australian blockchain academics and educators have called for more robust Web3 education in schools, preparing students for a world that will be dominated by blockchain technology. Huxley Peckham, hea...
European crypto regulator raises concerns over finding qualified staff
The European Banking Authority (EBA), the entity mandated with regulating cryptocurrencies in the region, has raised concerns over its ability to carry out the task citing a lack of staff and logistic...
Only Transactions Via Qualified US-Based Investors Would Indeed Become Eligible For Bonuses According To Celsius
Celsius has around $23 billion in assets under management as of April 1, according to the platform, and has paid out more than $912 million in yield and awards since 2018. For cryptocurrencies, the le...
TRON Grand Hackathon 2022 Season One Draws to a Close With 82 Qualified Applicants Contesting for $500K Bounty
March 9, 2022 – Singapore, Singapore TRON Grand Hackathon 2022 has been a raging success with a total of 118 applicants who have applied for the aggregate bounty of $500K spread between four tracks – ...
Crypto Firm Knox Joins Forces With Canadian Qualified Custodian Tetra Trust
“Knox got some comprehensive insurance policies that hadn’t been seen elsewhere, but the qualified custody bit eluded us, and it’s a fairly gargantuan task to get that,” Daskalov said. “So, from...