Economy
Cryptocurrencies replacing traditional fiat currencies; wealth inequality; the economic impact of automation and the next industrial revolution—this page covers the trends and news that will influence the economies of the future.
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https://www.pr.com/press-release/925433
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Pr
Plano, TX, November 17, 2024 --(PR.com)-- Parler PlayTV is excited to announce its partnership with the Optio Blockchain, a pioneer in decentralized blockchain technology. This collaboration marks a pivotal moment for digital content creation, uniting Parler and the Optio community-driven...
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https://www.securityweek.com/facebook-parent-meta-hit-with-record-fine-for-transferring-european-user-data-to-us/
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Securityweek
The European Union slapped Meta with a record $1.3 billion privacy fine Monday and ordered it to stop transferring user data across the Atlantic, the latest salvo in a decadelong case sparked by U.cybersnooping fears. The penalty fine of 1.2 billion euros from Ireland's Data Protection Commission is the biggest since the EU's strict data privacy regime took effect five years ago, surpassing Amazon's 746 million euro penalty in 2021 for data protection violations.
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https://www.fintechfutures.com/2023/10/jp-morgan-and-mastercard-go-live-with-pay-by-bank-solution-in-the-us/
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Fintechfutures
JP Morgan and Mastercard's new Pay-by-Bank solution is now available to billers in the US with Verizon expected to launch a pilot within the coming months. The solution leverages Mastercard's open banking technology to enable consumers to share their financial data to pay third parties directly from their bank account using traditional ACH banking rails.
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https://cryptocurrencynews.com/crypto/htx-ventures-bitcoin-scripting-advances-unlock-potential-for-secure-and-scalable-btcfi/
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Cryptocurrencynews
SINGAPORE, Sept. 12, 2024 /PRNewswire/ — HTX Ventures, the global investment division of HTX, today released its latest research analysing Bitcoin's potential and challenges in the field of Bitcoin decentralized finance (BTCFI). The report, titled Exploring the BTCFI Rabbit Hole from the...
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https://www.prweb.com/releases/link-money-promotes-two-employees-within-executive-suite-301964134.html
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Prweb
"Piret and Rohit have been integral in introducing pay by bank throughout the US. These promotions are well-deserved, and I'm confident that they will continue to meet our mission to bring pay by bank, powered by open banking, to merchants and consumers," said Eric Shoykhet, Link Money CEO.
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COUNTRY FORECASTS
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https://cryptopotato.com/unstoppable-domains-and-ens-clash-over-blockchain-domain-patents/
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Cryptopotato
Unstoppable Domains is currently facing criticism for allegedly appropriating the open-source advancements of the Ethereum Name Service (ENS) through the filing of a patent named "Resolving Blockchain Domain Names" in January this year. In an open letter, Nick Johnson, the lead developer of ENS, expressed significant concerns about Unstoppable Domains' patent applications related to blockchain domain names while highlighting ENS' advocacy for open source, open standards, and governance.
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COUNTRY FORECASTS
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https://www.forexlive.com/Education/ifx-expo-asia-2024-the-ultimate-online-trading-event-in-bangkok-20240709/
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Forexlive
iFX EXPO Asia 2024 is heading back to
Thailand for 2+ days of B2B networking at the world's leading online trading
event. Excitement is building for this year's
iFX EXPO Asia 2024 as the leading online trading expo returns to the bustling
city of Bangkok for the third time. iFX EXPO Asia 2024,...
Thailand for 2+ days of B2B networking at the world's leading online trading
event. Excitement is building for this year's
iFX EXPO Asia 2024 as the leading online trading expo returns to the bustling
city of Bangkok for the third time. iFX EXPO Asia 2024,...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://blockchain.news/news/taiwan-regulates-crypto-exchanges-bans-unregistered-foreign-operators
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Blockchain
Key Takeaways
Taiwan's Financial Supervisory Commission (FSC) releases new guidelines for Virtual Asset Service Providers (VASPs).
Foreign VASPs are prohibited from operating in Taiwan without proper registration.
The guidelines were released on September 26, 2023, and aim to improve investor...
Taiwan's Financial Supervisory Commission (FSC) releases new guidelines for Virtual Asset Service Providers (VASPs).
Foreign VASPs are prohibited from operating in Taiwan without proper registration.
The guidelines were released on September 26, 2023, and aim to improve investor...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.scmp.com/news/china/politics/article/3271007/chinas-communist-party-sticks-painful-reform-playbook-target-risks-and-growth
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Scmp
China's third plenum Learn more Party elite offer no quick fixes as they wrap up a key meeting to determine long-term strategy in an increasingly uncertain world China's third plenum SCMP Reporters. China's ruling Communist Party concluded its on Thursday, releasing a communique that sought to strike a delicate balance between growth and security in the face of mounting uncertainties.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://journals.openedition.org/factsreports/7359
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Journals
Businesses have a major role to play and a unique ability to lead the ecological transformation. They are able to influence, empower and align actors up and down value chains, within communities, across geographies, cultures, and socio-economic groups. It's a hugely exciting prospect, but not an easy one.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://cryptobriefing.com/bitcoin-synthetic-dollar-25-percent-yield/
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Cryptobriefing
Share this article
Hermetica Labs, a decentralized finance protocol built on top of Bitcoin, has launched USDh, the first-ever Bitcoin-native synthetic US dollar. The new offering allows users to gain yields of up to 25% with zero exposure to traditional finance.
Introducing USDh
The first...
Hermetica Labs, a decentralized finance protocol built on top of Bitcoin, has launched USDh, the first-ever Bitcoin-native synthetic US dollar. The new offering allows users to gain yields of up to 25% with zero exposure to traditional finance.
Introducing USDh
The first...
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https://www.dispatchtribunal.com/2023/10/11/atomic-wallet-coin-one-day-volume-hits-1-05-awc.html
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Dispatchtribunal
Atomic Wallet Coin (AWC) traded 1% lower against the U.S. dollar during the 1-day period ending at 19:00 PM Eastern on October 11th. One Atomic Wallet Coin token can now be bought for $0.0705 or 0.00000263 BTC on popular exchanges. Atomic Wallet Coin has a market capitalization of $748,075.01 and...
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https://www.koreaherald.com/view.php?ud=20231129000895
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Koreaherald
Shinhan Financial Group's efforts to make a sustainable financial ecosystem have gained global momentum this year under the leadership of Chairman Jin Ok-dong, who took the top post in March.On his first overseas business trip in April, Jin headed to Japan, his country of expertise with almost 20...
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https://www.itnewsafrica.com/2023/08/paycorp-advances-financial-inclusion-in-sa-through-sarb-approval-and-card-alliances/
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Itnewsafrica
Paycorp, a prominent payment solutions provider, has gained clearance from the South African Reserve Bank (SARB) as a direct clearing system participant. This accreditation empowers Paycorp to directly process payment transactions within the National Payments System through BankServ Africa and internationally via its primary memberships with Visa and MasterCard.
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https://financialit.net/news/payments/what-merchants-need-know-subscription-payments-become-next-step-open-banking
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Financialit
What Merchants Need to Know as Subscription Payments Become the Next Step in Open Banking Open banking is transforming the financial landscape by allowing third-party financial service providers to access consumer banking, transactions, and other financial data through secure application process...
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https://www.bleepingcomputer.com/news/security/fake-walletconnect-app-on-google-play-steals-android-users-crypto/
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Bleepingcomputer
A crypto draining app mimicking the legitimate 'WalletConnect' project has been distributed over Google Play for five months getting more than 10,000 downloads. The malicious app used the name WallConnect and posed as a lightweight Web3 tool with various blockchain functionalities, offering to act as a proxy between cryptocurrency wallets and decentralized applications (dApps).
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https://sourcingjournal.com/sustainability/sustainability-news/american-circular-textiles-secondhand-taxes-thredup-vestiaire-collective-fashionphile-unspun-523944/
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Sourcingjournal
Shopping secondhand has been lauded as a surefire way to minimize textile waste and play a concrete role in combating the climate crisis. But in doing so, American consumers are paying tax twice.
Some feel this double taxation is an unfair, and no longer relevant, "double dip" into shopper's...
Some feel this double taxation is an unfair, and no longer relevant, "double dip" into shopper's...
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https://www.jdsupra.com/legalnews/a-look-at-the-m-a-trends-impacting-the-2144268/
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Jdsupra
M&A dealmakers have been on a wild ride: from the pandemic-fueled rout in 2020 to 2021's record-breaking recovery to a steep decline in 2023, the global M&A market has offered a masterclass in volatility. While global M&A activity, in terms of value, fell to its lowest level in 10 years in 2023, deal count did not drop as steeply as deal value, reflecting a focus on smaller deals.
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https://nftnow.com/news/xrp-ruled-not-a-security-in-partial-win-for-ripple-labs/
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Nftnow
In a ruling that could help shape the future of cryptocurrency regulation in the United States, U.S. federal judge Analisa Torres has delivered a mixed verdict in the case between the Securities and Exchange Commission (SEC) and San Francisco-based blockchain firm Ripple Labs. The lawsuit, which...
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https://phys.org/news/2024-05-method-equity-implications-carbon-taxes.html
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Phys
Researchers from the University of Massachusetts Amherst and Smith College have developed a new method to assess the equity implications of carbon taxes, which are among economists' favored solutions to address the looming threat of climate change.
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https://mentalitch.com/effective-employee-payroll-management-for-your-business/
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Mentalitch
Payroll processing is an essential responsibility of any business organization, which involves the payment of employee's wages or salaries and other emoluments. Payroll management is a way of managing employees and their wages and it is a critical component of organizational management because in addition to ensuring that employees are satisfied it also meets all the legal and taxation requirements.
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https://www.smh.com.au/business/the-economy/lithium-export-boom-might-not-be-felt-for-five-years-20190405-p51bd4.html
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SMH
Department of Industry, Innovation and Science figures reveal flat lithium export revenue figures for the next five years as supply overtakes demand.