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25 states have introduced personal finance education legislation so far this year

The pandemic has led to a push for more personal finance education. This year, 25 states have introduced state legislation for personal finance classes.

4 years ago

Binance Under the Microscope: Former FBI Agent Discusses Possible Investigation of World’s Largest Crypto Exchange

Crowdfund Insider | JD Alois | Jun 3, 2021 Last month it was widely reported that Binance, the largest cryptocurrency exchange in the world, was under investigation by US authorities. Both the US Department of Justice (DOJ) and the Internal Revenue Service (IRS) were said to be scrutinizing the activity of the digital marketplace. Binance


The post Binance Under the Microscope: Former FBI Agent Discusses Possible Investigation of World’s Largest Crypto Exchange first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Monthly child tax credit may offer lifeline to families losing federal unemployment benefits

More than two dozen states are opting out of federal unemployment programs. But the IRS will start sending parents up to $300 a month per kid starting July 15.

4 years ago

SpaceX sends cargo to the space station, with the company on a record launch pace for 2021

SpaceX sent the latest cargo mission for NASA to the space station on Thursday, with Elon Musk's company launching its 17th orbital rocket this year.

4 years ago

More than 14% of renters are still behind as national eviction ban comes to an end

Even as the pandemic fades, more than 14% of renters are behind on their rent, according to an analysis by The Center on Budget and Policy Priorities.

4 years ago

China’s ‘splinternet’ will create a state-controlled alternative cyberspace

The Guardian | Flavia Kenyon | June 3, 2021 Beijing is using blockchain to build a new internet and many developing countries are likely to sign up – but at what cost? Cyberspace is one huge, unregulated mess. A virtual wild west where sophisticated criminal gangs ply their trade alongside multinational companies, spy agencies, activists,


The post China’s ‘splinternet’ will create a state-controlled alternative cyberspace first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

The investigator-centered approach to financial crime: Doing what matters

McKinsey & Company | Adrian Murphy, Kate Robu, and Matthew Steinert  | June 1, 2021 The investigator-centered approach to fighting financial crime fosters collaboration among banks, law-enforcement agencies, and regulators for greater effectiveness, efficiency, and social impact.  Technology in fact now accounts for a significant part of the financial-crimes budget. The demand has generated myriad


The post The investigator-centered approach to financial crime: Doing what matters first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Advisors look for ways to lessen Biden's proposed retroactive capital gains tax hike

President Joe Biden is calling for a 39.6% top capital gains tax rate, retroactive to the date of announcement. Here’s how financial advisors are responding.

4 years ago

Required withdrawals from retirement accounts are back this year. What to know

If you need to take required minimum distributions, or RMDs, for 2021, here's how various changes to the rules governing them could impact you.

4 years ago

How the pandemic and a rise in targeted hate crimes has shifted spending for Asian Americans

The rise in hate crimes against the Asian American and Pacific Islander Community added an extra layer of stress and budget impact during Covid.

4 years ago

Amazon Prime Day starts June 21. Here's how to find the best deals

Amazon announced its two-day shopping event will take place June 21 and 22 this year. Here's how to get ready for the big sale.

4 years ago

Axiom Space expands SpaceX private crew launch deal, with four total missions to the space station

Axiom Space added crewed flights to the International Space Station through SpaceX, bringing its total planned missions through Elon Musk's company to four.

4 years ago

Why it may be hard to close the racial wealth gap without forgiving student debt

Biden wants to close the racial wealth gap. But without forgiving student debt, activists say, he won't get far.

4 years ago

Ally Bank is eliminating overdraft fees once and for all

The online bank said overdraft fees unfairly target low-income and minority groups.

4 years ago

3.7 million Americans set to lose unemployment benefits early as 25 states exit federal programs

Half of U.S. states, all led by Republican governors, have announced an early end to federal unemployment programs.

4 years ago