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US Treasury Secretary Sees Libra As National Security Threat

PYMNTS

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.

National 187
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At Davos, Eyeing Sovereign Debt, Digital Taxes And Regulating AI

PYMNTS

Big Tech, too, of course, and digital taxes. Separately, IBM CEO Ginni Rometty told CNBC from Davos that artificial intelligence should be subject to “precision regulation … you want to have innovation flourish and you’ve got to balance that with security.” And Digital Taxes. have been considering or embracing digital taxes.

Taxes 131
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Becoming a “Bahama Mama” Crypto-Style: A Closer Look at The Digital Asset Landscape in The Bahamas

Perficient

Some of these online articles can be found here: OCC Provides Roadmap for National Banks and Savings Associations To Conduct Crypto Activities – Perficient Blogs. Crypto Conference. In April 2022, Nassau, the capital of the Bahamas, hosted the invitation-only Crypto Bahamas Conference.

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Startup Roundup: A Look At Local, National And Global Expansions

PYMNTS

As startups such as DadeSystems , FitPay and Jewel Paymentech expand across devices and functions, Tipalti , AvidXchange and Emailage announce new growth for their local, national and global footprints. Those that felt ready had invested in knowledge of local markets and tax codes, new tech and/or new vendors. Chargehound.

National 101
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Challenges to monetary policy: lessons from Medieval Europe

BankUnderground

The Bank of England co-organised a ‘ History and Policy Making Conference ‘ in late 2020. This guest post by Nathan Sussman, Professor of International Economics at the Graduate Institute of Geneva, is based on material included in his conference presentation. Nathan Sussman.

Policies 116
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Obama Administration Targets Money Laundering

PYMNTS

The Obama administration is cracking down on money laundering and tax evasion tactics. companies to hide money laundering, tax evasion and other illicit financial activities,” Treasury Secretary Jacob Lew wrote in a letter to House Speaker Paul Ryan (R-WI), according to The Wall Street Journal.

Taxes 100
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Blockchain Finds More Commercial Uses, Telecom Among Them

PYMNTS

The telecom, as reported by ZDNet , has built nodes that have brought blockchain to its national network, specifically its “ultra-fast” offering that is tied to processing speed. He said at a press conference that “public blockchains have low processing speed and capacity, while private blockchains have low transparency.