Financial Institutions – Page 5

Colombian Government Might Take Unused Funds From Bank Accounts Inactive for a Year

Post author:MiamiCrypto
Post published:October 26, 2021
Post category:Banks budget law Colombia Colombian Government Crypto ATMs cryptocurency Financial Institutions Funds Government News Seizure

The budget law for the next year, which was recently approved by the Colombian representative’s chamber, includes a controversial article that allows the state to confiscate a bank customer’s funds…

Nigeria CBDC Countdown: Central Bank Delays E-Naira Rollout

Post author:MiamiCrypto
Post published:October 2, 2021
Post category:Bitt Inc CBDC Central Bank of Nigeria Digital Currency e-naira Emerging Markets Financial Institutions peer-to-peer transfers Trademark infringement unbanked population

A spokesperson for the Central Bank of Nigeria (CBN), Osita Nwanisobi, has said the launch of the much-hyped e-naira central bank digital currency (CBDC) has now been postponed to a…

IRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks

Post author:MiamiCrypto
Post published:September 2, 2021
Post category:$180K Sting American Families Plan Banks Biden Administration crypto transactions Financial Institutions Guinevere Moore inflow Internal Revenue Service IRS IRS agency IRS agent LocalCrypto Mr. Coins Mr. Coins Sting outflow P2P Exchange sting Sting Operation taxes Thomas Brewster Undercover

Over the last few weeks, Americans have read about the U.S. Internal Revenue Service (IRS) upping its tax enforcement to catch cryptocurrency users who have not paid taxes. According to…