Category Archives: Department of the Treasury

Austin, Texas Crowdfunding To Replace State Grants Due To Immigration Policy

The city of Austin, Texas is crowdfunding to cover costs that the State has unfunded due to Austin’s Sheriff’s position that it will not totally enforce the Trump Administration’s anti-immigrant policies. Governor Greg Abbott has cut $1.5 million in state … Continue reading

Posted in balance, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, Funding Portals, Jobs, Legislative Intent, States, Tax | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Tax Matters*

Not fair? Wisebread notes that crowdfunding campaigns for charitable causes could result in the web portal filing an IRS Form 1099 that would indicate that you received income during the year. The site suggests that if you do that “make … Continue reading

Posted in accredited investor, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Uncategorized, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Wall Street Attempts To Push Out Crowdfunding Lenders

Wall Street is stepping into a vacuum left by crowdfunder Lending Club by initiating a new consumer lending platform named “Marcus.” If you are invited to the party (with a code), you will be able to borrow up to $30,000 … Continue reading

Posted in Banking, Banks, Broker dealers, CFPB, checkbook, Congress, Consumer Financial Protection Bureau, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, deposits, Dodd Frank, Funding Portals, NSF, overdraft fee, penalty, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding For CryptoCurrency Index

Wondering if the SEC is watching this? Apparently running out of Czechia, ICONOMI, a fund management platform for the decentralized economy has raised $ 10.4 million in Bitcoin, Ether, Lisk, EUR, USD and other currencies for operational capital and equity … Continue reading

Posted in accredited investor, Banking, Broker dealers, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, deposits, Funding Portals, Investments, Jobs, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Court Says Bitcoin Is Not Money

What’s a bitcoin? Apparently, it’s not money, according to a Florida court that acquitted a guy on a money laundering charge. Although you can turn it into cash, the IRS says that bitcoin is actually property while the Commodities Futures … Continue reading

Posted in Banking, Banks, checkbook, Congress, Department of the Treasury, deposits, Dodd Frank, fraud, Investments, Jobs, Legislative Intent, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding DAO Fund Hacked

The Decentralized Autonomous Organization (DAO) raised $150 Million crowdfunding a new investment fund to finance ventures that would advance the crypto-currency Ethereum. Investors traded cash for Ethereum and got tradable DAO tokens in return, which gave them the right to … Continue reading

Posted in accredited investor, Banking, Banks, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, deposits, Dodd Frank, fraud, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Bank Kills Crowdfunding Effort

With the new Securities and Exchange Commission crowdfunding rules just effective, NextRX, a cannabis-related software firm began a fundraising campaign through StartEngine Crowdfunding in Los Angeles. Two days later, the web portal pulled the plug on the campaign. The SEC’s … Continue reading

Posted in accredited investor, Banking, Banks, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, Dodd Frank, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, States, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment