Taxpayers in America’s ten most populous cities are facing significant taxpayer burdens. Unfortunately, the COVID-19 economic crisis imperils municipalities abilities to collect revenues; hence taxpayers are likely to have to pay more taxes to receive less in services.
While no one could have predicted COVID-19, digital-first neobanks have continued to support their customers as they would do normally, with constant communication and new product launches to meet the requirements of consumers in this ‘new normal.’
SEBA Bank AG, a new Swiss based crypto focused bank that recently received its banking license has announced a partnership with Tokensoft AG, a new Swiss subsidiary of Tokensoft, a U. S. based provider of asset tokenization technology.
While the Travel Rule is an important milestone, it is neither an unbearable regulatory burden nor a silver bullet that will bring crypto asset platforms fully into the mainstream. Instead, it presents challenges and opportunities.