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Apple wants to change the way you pay for things. Credit card companies are embracing its new mobile payment system as a boost to security, but analysts say Apple could disrupt the payments industry.
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After setting aside a plan less than a week ago, the state's legislature approved a bill to give pot businesses access to banking services.
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The legislation would have created a financial framework for revenue from legal pot sales. It was put on hold by lawmakers.
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This means any profits made on the currency will be taxed at the lower, capital-gains rate. The rule, however, also means investors have to keep extensive records.
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A U.S. law aimed at tax cheats hiding money abroad has had unintended consequences and has complicated life for many Americans living overseas.
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Long considered a linchpin in normalizing the legal marijuana trade, the federal government has issued new guidelines clarifying how banks can provide…
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Recently I set out to obtain some Bitcoin. It took seven days for my purchased fraction of the virtual and decentralized currency to arrive in my Coinbase…
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As the U.S. Postal Service continues to lose money, a new report suggests a way to add to its bottom line: offer banklike services, such as a cash card that would allow customers to load their paychecks and pay bills online. The idea is to provide services that are now unavailable in many communities.
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A leading investor thinks bitcoin is going to change the world. A prominent writer disagrees. They make a bet about what we'll be using for money in 2019.
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As brick-and-mortar stories quickly adopt digital currency, “Bitcoin, cash or credit?” could become the new mantra of cashiers and baristas everywhere.…