Illinois Becomes First State to Tax Crypto Transactions
Illinois has become the first state to tax digital asset transactions, creating a new cost that could apply every time crypto changes hands. The Digital Asset Tax Act, added to the state’s sprawling annual budget bill at the last minute, imposes a 0.2% tax on the value of digital assets involved in each covered transaction. […]
Build Momentum Behind Zelle for Business
One in three U.S. small businesses already use Zelle in some capacity. Yet despite that level of adoption, few business owners view it as a true alternative to Square, PayPal, and other modern payments platforms. That gap represents an opportunity for banks and credit unions. Rather than treating Zelle as simply another way to send […]