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Senators debating IRS reporting plan today

Senators debating IRS reporting plan today Senators are set to host dueling press conferences today on the Biden administration’s ICBA-opposed plan to require banks to report customer information...

Oct 19, 2021
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Article
Taxes & Budget

ICBA: Guidance on third parties a key step

ICBA: Guidance on third parties a key step ICBA told regulators it supports their efforts to consolidate guidance on third-party risk management while providing recommendations on the proposed...

Oct 19, 2021
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Article
Risk Technology

Top stablecoin issuer fined $41M over reserve claims

Top stablecoin issuer fined $41M over reserve claims The Commodity Futures Trading Commission fined Tether, the largest stablecoin issuer, $41 million for misleading claims that its U.S. dollar...

Oct 18, 2021
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Article
Digital Assets Payments

ICBA, groups push back on IRS reporting false claims

ICBA, groups push back on IRS reporting false claims With Congress working to modify its IRS reporting proposal in response to widespread opposition, ICBA and 100 other organizations pushed back...

Oct 15, 2021
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Article
Taxes & Budget