Latest News on private equities market

Fintech start-up Varo Bank triples valuation to $2.5 billion after gaining bank charter

Varo is the latest digital bank to garner a multi-billion dollar valuation and millions of new customers who are dissatisfied with traditional institutions.

3 years ago

Op-ed: The tax gap is a real problem but so, too, is the 'reverse tax gap'

Many people repeatedly overpay their taxes. While reducing the tax gap seems a laudable goal, reducing this reverse tax gap should also be prioritized.

3 years ago

Stimulus payments triggered millions of IRS ‘math error’ notices. The same may be looming for child tax credit recipients

Millions have received “math error” notices from the IRS, which can be difficult for filers to resolve. The same may occur for child tax credit recipients.

3 years ago

Mastercard makes a big bet on crypto, buying blockchain analytics start-up CipherTrace

Mastercard has agreed to acquire blockchain analytics start-up CipherTrace, in the latest sign of how major companies are warming to cryptocurrencies.

3 years ago

Here's how long workers wait for a company's 401(k) matches to become their money

Even though most employers provide some sort of matching contribution to their workers' 401(k)s, fewer than a third award immediate ownership of the money.

3 years ago

Expanding the child tax credit would reduce child poverty to less than 10% in most states, study finds

Continuing the expanded credit beyond 2021 would slash child poverty to 8.4% from 14.2%, a roughly 40% fall, according to a study from the Urban Institute.

3 years ago

How to Revolutionize the Private Capital Markets

Crowdfund Insider | Kelsey Chase | Sep 8, 2021 In 2010, venture capital investors poured $21.8 billion into startups. Fast forward a decade to 2020 when well over 500 “supergiant” funding rounds of $100 million+ were raised, totaling $142 billion. In early 2021, even as global economies fought to shake off the effects of the


The post How to Revolutionize the Private Capital Markets first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Decentralized Finance—Risks, Regulation, and the Road Ahead

JDSupra | King & Spalding | Sep 1, 2021 Even those who are most suspicious of the rise of cryptocurrency will likely admit that the underlying blockchain technology and its potential uses are exciting. One use of this technology, decentralized finance, or DeFi, is on the cusp of major growth. Regulators are aware of this


The post Decentralized Finance—Risks, Regulation, and the Road Ahead first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Unemployment benefits delayed? You can collect past the Labor Day cutoff

Americans who applied for federal benefits weeks or months ago can still get them past the Labor Day expiration date.

3 years ago

Coinbase Threat Shows SEC Means Business

Yahoo Finance | Ben Bain and Matt Robinson | Sep 5, 2021 (Bloomberg) -- U.S. Securities and Exchange Commission Chair Gary Gensler just put the cryptocurrency industry on notice of how far the regulator will to go to tame a market he’s labeled the wild west of finance. In threatening to sue Coinbase Global Inc.


The post Coinbase Threat Shows SEC Means Business first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

FCA Chair Charles Randall Discusses Crypto, Stablecoins and Digital Asset Regulation

Crowdfund Insider | JD Alois | Sep 6, 2021 In a speech delivered at the Cambridge International Symposium on Economic Crime, FCA and PSR Chair Charles Randall discussed some hot topics in the financial services sector – fraud and scams. More specifically, crypto scams and the regulation of digital assets or tokens. See:  Moody’s says


The post FCA Chair Charles Randall Discusses Crypto, Stablecoins and Digital Asset Regulation first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Overconfidence may be getting in the way of your investing performance. Here's how to correct that

You're more likely to remember your investing wins than your losses. Here's how to make sure those blind spots don't lead you astray.

3 years ago

Top 1% dodge $163 billion in annual taxes, Treasury estimates

The top 1% of Americans may be avoiding as much as $163 billion in annual taxes, according to a report from the U.S. Department of the Treasury.

3 years ago

A Regulated Stablecoin Means Having a Regulator

Paxos | Dan Burstein | Jul 21, 2021 Dan Burstein is the General Counsel and Chief Compliance Officer of Paxos I have been reading with a combination of disbelief and exasperation the recent claims by Circle that “USDC has become the world’s most trusted and well-regulated dollar digital currency,” as well as claims by Tether


The post A Regulated Stablecoin Means Having a Regulator first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Coinbase shares fall after it reveals SEC plans to sue over interest-earning product

Coinbase could be going to court against the SEC as the regulatory agency notified the crypto exchange of its plans to sue over its interest earning product.

3 years ago