A recent report published by the U.S Treasury Department has outlined the administration’s plans for financial alternatives like CBDCs and their role in future payment. The report was submitted to Pr...
Tag: States
States Are Enacting The Flat Tax — Why Not Washington?
This year five states have enacted a single-rate personal income tax combined with tax cuts. Several other states are considering doing the same thing. They’re setting the stage for making a national ...
A Careful Look at Crypto Regulations in The United States – crypto.news
Globally, government officials and financial regulators have become increasingly interested in cryptocurrencies and blockchain technology. A significant factor driving this interest is the widespread ...
Biden announces first round of funding for EV charging network across 35 states
President Joe Biden announced Wednesday the release of the first round of funding for a nationwide electric vehicle charging network, financing the construction of stations in 35 states. “I̵...
Why Advanced Nuclear Reactors Benefit Industry And Coal-Dependent States
A model of a Small Modular Reactor facility that Rolls-Royce SMR hopes to have operational by the … [+] end of the decade is seen in this handout render provided by Rolls-Royce SMR on Friday, Se...
You may owe taxes for federal student loan forgiveness in these states
Marko Geber | DigitalVision | Getty Images If you’re one of the millions of Americans expecting student loan forgiveness, you won’t owe federal taxes. But that doesn’t mean you’...
Washington and Pennsylvania, First States in the US to Tax NFTs – crypto.news
The taxation of NFTs has been an ongoing debate in 2022, with some regulators classifying NFTs as taxable assets. Meanwhile, Washington, Pennsylvania, has taken the first steps to make sure NFTs are t...
Two US States Washington and Pennsylvania To Tax NFTs
– Advertisement – Washington and Pennsylvania Lead the Way in NFT Taxation. Digital assets are notoriously difficult to tax due to the lack of transparency around who owns and trades the...
Here Are the Top 10 US States Most Interested in Bitcoin (BTC) and Ethereum (ETH): New CoinGecko Study
A new study by cryptocurrency data aggregator CoinGecko is revealing the top 10 states in the US searching for Bitcoin (BTC) and Ethereum (ETH) the most on the website. The study examines the two lead...
Study Identifies the Top 10 States in America Most Interested in Bitcoin, Ethereum – Bitcoin News
On September 2, the crypto market aggregation web portal Coingecko.com published a study that identifies the top ten states in America that are most interested in the two leading digital currencies, b...
Think tank launches ‘technical sandbox’ exploring United States CBDCs
A United States think tank has launched a “technical sandbox” aimed at advancing the exploration of a potential United States central bank digital currency (CBDC). In a Wednesday Tweet from Digital Do...
Veterans Affairs To Start Providing Abortions, Including In States Where It’s Banned
Topline The Department of Veterans Affairs will start providing abortions to U.S. veterans and family members in cases of rape, incest and in instances when a mother’s health is at risk “regardless of...
More States To Join The Flat Tax Club
Boise downtown and Idaho Capitol getty After lawmakers in nearly 10 states enacted income tax cuts in the first half of 2022, a string of special sessions in the second half of the year is resulting i...
Accused ‘Cryptoqueen’ Henchman Ordered Extradited to the United States
A U.K. Judge on Tuesday ordered OneCoin associate Christopher Hamilton to be extradited to the United States to face charges of money laundering and wire fraud stemming from the OneCoin scam. Hamilton...
Bitfinex CTO Paolo Ardoino States Salvadoran Bitcoin Bonds to Be Further Delayed – Coinotizia
The launch of El Salvador’s bitcoin bonds, issued to finance part of the construction of the Bitcoin City in the country, will be delayed again. In a recent interview Paolo Ardoino, CTO at Bitfinex, t...
Bitfinex CTO Paolo Ardoino States Salvadoran Bitcoin Bonds to Be Further Delayed – Emerging Markets Bitcoin News
The launch of El Salvador’s bitcoin bonds, issued to finance part of the construction of the Bitcoin City in the country, will be delayed again. In a recent interview Paolo Ardoino, CTO at Bitfinex, t...
These states may tax federal student loan forgiveness
dmphoto | E+ | Getty Images There’s good news if you’re eligible for student loan forgiveness: It won’t trigger a federal tax bill. And while some may still owe state taxes, it may b...
With a potential recession hanging over the country, more states issue stimulus checks — is yours one of them?
With a potential recession hanging over the country, more states issue stimulus checks — is yours one of them? Financial experts and economists see a dangerous storm brewing thanks to a volatile combi...
Despite Record Annual Budget Surpluses, States Face Massive Long-term Shortfalls
California Gov. Gavin Newsom (Photo by Justin Sullivan/Getty Images) Getty Images Most states currently have a budget surplus, including deep blue states like California, New Jersey, New York, and Ill...
6 states could potentially charge borrowers income tax on their forgiven student loan debt
Most borrowers eligible for President Joe Biden’s student loan forgiveness plan will receive the relief tax-free. But residents of a handful of states may be on the hook to pay state income tax on the...
The United States Trustee’s Requests an Independent Examiner on Celsius – crypto.news
The US trustee overseeing Celsius’ bankruptcy proceedings has requested the appointment of an independent examiner to ‘untangle’ Celsius’ financial affairs and commercial operations. Celsius Falls i...
U.S. states fall short of pledges to cut ties with Russia
Driven by moral outrage over Russia’s invasion of Ukraine earlier this year, U.S. governors and other top state officials made it clear: They wanted to cut their financial ties with Russia. A few stat...
Top Ethereum Nodes Host States Mining Prohibition, Says It Violates Company Terms
Gamza Khanzadaev 16.9% of Ethereum nodes using hosting from Hetzner violate company terms, Solana nodes too A spokesperson for Hetzner tweeted, citing a post on Reddit, that using the company’s ...
13 states may hit borrowers with state tax liability on forgiven student loans
President Joe Biden‘s student loan forgiveness plan will soon cancel debt for millions of Americans — and the relief is tax-free on federal returns. However, experts say the cancellation may sti...
Student Debt Forgiveness May Be Taxable in More Than a Dozen States
(Bloomberg Law) — The billions in student loan debt forgiveness announced by the Biden Administration will be exempt from federal taxation but could be taxable at the state level in more than a ...
California is poised to ban the sale of all new gas-powered cars by 2035 — here are 3 EV stocks that could pop if other states follow suit
California is poised to ban the sale of all new gas-powered cars by 2035 — here are 3 EV stocks that could pop if other states follow suit Whether you like electric vehicles or not, it’s hard to deny ...
Unvaccinated Novak Djokovic Withdraws From U.S. Open Because He Can’t Travel To United States
NEW YORK, NEW YORK – AUGUST 28: Novak Djokovic of Serbia returns a shot during his Men’s Singles … [+] second round match against Juan Ignacio Londero of Argentina on day three of th...
Moody’s States Inflation Is Affecting Economic Recovery in Part of Latam – Economics Bitcoin News
Moody’s, the asset quality rating agency, has warned the high rate of inflation that some countries are facing in Latam will affect the economic recovery in the region. Brazil, Chile, and Mexico are s...
Cannabis Used 20% More Frequently In States That Legalized Recreational Use, Study Finds
Topline People living in states where recreational cannabis is legal use marijuana 20% more often than people in states where it’s illegal, according to a study published Thursday in the journal Addic...
Here are the top 10 states where borrowers will benefit most from Biden’s loan forgiveness
President Joe Biden announced today that his administration will forgive up to $20,000 in student loan debt for federal borrowers. That debt relief will go a lot further in some states than in others....