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“The Financial Stability Oversight Council (Council) today released its Report on Digital Asset Financial Stability Risks and Regulation. The Council voted to approve the report in response to Section 6 of President Biden’s Executive Order 14067, “Ensuring Responsible Development of Digital Assets.As called for by the Executive Order, the report reviews financial stability risks and …
ABA: “As young lawyers, I imagine you are well aware of this meme: a dog sitting and drinking a cup of coffee while the room burns around him, saying, “This is fine.” The capture from Gunsmoke evokes a sense of self-denial or acceptance in the face of a hopeless situation.Student debt feels a bit like …
“What makes a company great for remote workers? Is it the perks? The wifi reimbursements? The virtual bonding events? The occasional in-person gatherings? The embrace of the diversity and flexibility that so many people are craving now? Yes, yes, yes, yes, and yes—plus effective leadership, warm colleagues, good managers, competitive pay, clear communication, helpful training, …
Telles, Pedro, Existing and Potential Use Cases for Blockchain in Public Procurement (July 20, 2022). Available at SSRN: https://ssrn.com/abstract=4168144 or http://dx.doi.org/10.2139/ssrn.4168144 “The purpose of this paper is to assess the possibility of using blockchain technology in the realm of public procurement within the EU, particularly in connection with the award of public contracts. In this …
Energy Industry Review: “99% of the internet network runs through submarine cables. It is estimated that over USD 10,000 billion in financial transactions run today through these “seabed highways”. This is especially the case of the main global financial exchange system, SWIFT (Society for Worldwide Interbank Financial Telecommunications), which has recently been banned for many …
The Hill: “Have you ever heard a politician or pundit complain about “overpaid federal bureaucrats?” If you’ve been paying attention, I bet you have. It’s a claim repeated so often, it almost seems like common sense. But, if you accepted that “common sense,” I’m here to tell you that everything you thought you knew about …
Bloomberg [read free]: “Unnecessary meetings are a $100 million mistake at big companies, according to a new survey that shows workers probably don’t need to be in nearly a third of the appointments they attend. The survey, conducted over the summer by Steven Rogelberg, a professor of organizational science, psychology and management at the University of …
CRS Report – RL33514| Social Security: What Would Happen If the Trust Funds Ran Out?: “Federal Old-Age and Survivors Insurance (OASI) Trust Fund and the Federal Disability Insurance (DI) Trust Fund. Under their intermediate assumptions and undercurrent law, the Social Security trustees project that the OASI trust fund will become depleted in 2034 and the DI …
GAO – Climate Change: Enhancing Federal Resilience GAO-22-106061 Published: Sep 19, 2022. Publicly Released: Sep 19, 2022. “Between fiscal years 2015 and 2021, selected appropriations for disaster assistance totaled $315 billion. Disaster costs are projected to increase as certain extreme weather events like drought or extreme rainfall become more frequent and intense because of climate …
Greenhouse Gas Mitigation: CRS Products, September 20, 2022: “…CRS selected its products below by searching CRS.gov using the terms climate and greenhouse gas and through discussion with CRS subject matter experts. Products were selected from the search results and included here if they met the search criteria, contained substantial discussion of GHG mitigation, and have …
Reuters: “France plans to impose a minimum delivery fee of 3 euros ($2.93) for online book orders of less than 35 euros to level the playing field for independent bookstores struggling to compete against e-commerce giants, the government said on Friday. A 2014 French law already prohibits free book deliveries, but Amazon and other vendors …
Via LLRX – What is proof-of-stake? A computer scientist explains a new way to make cryptocurrencies, NFTs and metaverse transactions – Prof. Scott Ruoti, briefs us on yet another new component in Digital Ledger Technology. Proof-of-stake is a mechanism for achieving consensus on a blockchain. Blockchain is a technology that records transactions that can’t be deleted or …
