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Concordium’s Permissionless Blockchain Ready For Changing Regulation

Concordium’s Permissionless Blockchain Ready For Changing Regulation

April 6, 20225 min

European Union lawmakers decided last week Friday to back tougher safeguards for transfers of bitcoin and other cryptocurrencies, in the latest sign that regulators are tightening up on the crypto sector. Two committees in the European Parliament narrowly voted to require not only exchanges, but also “obliged entities”, to obtain, hold, and submit information on those involved in transfers. It is yet to be understood who the obliged entities are in case of transfers between unhosted...

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Romania’s new tax compliance reporting will come into effect

Romania’s new tax compliance reporting will come into effect

September 27, 20217 min

SNI’s solutions enable you to retrieve, map and process accounting data from a customer’s ERP and convert it to an XML file. Decisions were announced to adapt to the new process in Romania. The National Agency for Fiscal Administration (ANAF) has allowed a three-month grace period for compliance with the new requirements. This means that there will be no fines for submission errors or reporting errors in SAF-T files for January, February, and March. Taxpayers...

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