treasury
3 articles tagged "treasury"
Centtrip Secures £5 Million to Transform Business Treasury Management
Centtrip has successfully raised £5 million in Series A funding, a move aimed at revolutionizing treasury operations for global businesses. This funding will enhance their innovative financial solutions, positioning them as a leader in the fintech sector.
U.S. Warns Crypto Industry on Illicit Finance Response
In a strong warning, U.S. Deputy Treasury Secretary Wally Adeyemo emphasized that the government will take stringent measures against cryptocurrency firms if they do not strengthen their efforts to combat illicit finance. This comes amid growing concerns over the industry's compliance with financial regulations.
New Reporting Rules Proposed for Digital Assets by Treasury and IRS
The U.S. Treasury and IRS have proposed new regulations for digital assets, expanding the definition of brokers and introducing reporting requirements. Stakeholders have until late October to submit comments.