Blockchain
A New UK Tax Returns Assistance Service Launches Sign-Up Campaign for Their New App
London, United Kingdom–(Newsfile Corp. – January 21, 2023) – UK tax assistance app, Free Tax Returns, has officially announced a sign-up campaign ready for the app release later this year.
Free Tax Returns
The company is developing a new app that provides a no-cost tax return filing service, providing an easy, convenient and accurate method for tax filing. Powered by modern technologies such as Open Banking and digital banking APIs, the app will automatically process and submit the data needed to process tax returns.
“There is no company or individual anywhere in the world offering comprehensive tax services for at no cost. We are here to help taxpayers in the UK to do their taxes better. Soon, we will make our digital service available to the rest of the world,” says Director of Own Your Money Ltd, Raam Thakrar.
While the fintech company is finalising the app’s development, it has kickstarted a sign-up campaign to enable interested users to register. The campaign runs from 1 December 2022 to 31 January 2023.
Interested taxpayers who sign up will be among the first to be notified once the app becomes available for download. They will be the pioneering users of the innovative app, completing their tax return applications simply and swiftly.
“Forget the hours spent on tedious form-filing. Taxpayers can switch to a hassle-free way. You can now claim what you are entitled to without paying for it. Our app will make that happen for you. Just download the app when it becomes available to the public. All you need to do now is to sign up. It’s that easy,” Thakrar expounds.
About Free Tax Returns
Free Tax Returns is a financial technology app that provides taxpayers with a no-cost and convenient way of filing and paying their tax returns. The app enables taxpayers to save time, effort, and resources while letting them get the money they deserve.
Contact Details:
Contact Person: Raam Thakrar
Email: [email protected]
Website: www.getfreetaxreturns.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/151973
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Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
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