Category «Financial System»

US Lawmakers Introduce ‘ECASH’ Bill in New Push to Create a Digital Dollar

CoinDesk: “The e-cash would be a digital analogue to the greenback and could preserve privacy and anonymous transactions, according to an adviser on the bill. A group of U.S. lawmakers says the U.S. Treasury Department may be the right government entity to create a digital dollar – not the Federal Reserve. A new bill introduced …

Subjects: Economy, Financial System, Government Documents, Legal Research, Legislation

Why Is the Internet So Exhausting?

Wired: “…In the past 20 years we’ve entered a phase of capitalism that is thriving on products that redefine unreality. A universal market of the fake. It is this agora of artifice that yokes the maladies of streamers collapsing under the unbearable weight of their fans’ parasocial relationships to the “financialization of everything” that is …

Subjects: Economy, Financial System, Internet, Legal Research

Environmental Groups Pressure Bitcoin Community to Lower Energy Use

WSJ – Consortium launches effort advocating changes to the cryptocurrency’s code – “A consortium of environmental groups launched a campaign on Monday seeking to change bitcoin’s code to decrease its energy use, which has grown substantially in the past few years. Bitcoin is popular among some investors, but its energy use has riled environmental groups, …

Subjects: Climate Change, Economy, Energy, Environmental Law, Financial System

IRS Continues Targeting Poorest Families for More Tax Audits During FY 2022

Transactional Records Access Clearinghouse Report – “The latest Internal Revenue Service (IRS) statistics covering federal income tax audits through February of 2022 reveals that the agency is continuing to target audits on the poorest wage earners. So far it has completed 132,922 audits of these low-income wage earners with less than $25,000 in total gross …

Subjects: Economy, Financial System, Government Documents, Legal Research, Poverty

Pete Recommends Weekly highlights on cyber security issues, March 26, 2022

Via LLRX – Pete Recommends Weekly highlights on cyber security issues, March 26, 2022 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly …

Subjects: Cybercrime, Cybersecurity, Economy, Financial System, ID Theft, Privacy, Transportation

25 Cryptocurrencies You Should Know About

MakeUseOf – Here’s an overview of the most prominent cryptocurrencies: when they started, who founded them, and other interesting facts: “There are tens of thousands of cryptocurrencies and that number grows by the day. However, most of these cryptocurrencies aren’t significant and amount to nothing more than a personal project; it’s relatively easy to make …

Subjects: Economy, Financial System, Legal Research

Explore the global assets of Russia’s oligarchs and enablers

Russian Asset Tracker  – “A sizable chunk of Russia’s wealth has been siphoned offshore by corrupt politicians and well-connected businessmen. We wanted to know where it went — so we started hunting. OCCRP and its partners trawled land records, corporate registries, and offshore leaks to come up with this database of assets belonging to key …

Subjects: Economy, Financial System, Legal Research

What are NFTs?

“OK, I know NFT stands for nonfungible token. But what does it actually mean? Let’s start with the words themselves. In economics, “fungible” is a term used for things that can be exchanged for other things of exactly the same kind. The U.S. dollar is fungible, because you and a friend can trade $1 bills, …

Subjects: Economy, Financial System, Legal Research

Real-Time Global Trade Sanctions Tracker

“The Global Trade Sanctions tool produced by Coriolis Technologies and the Institute of Export & International Trade offers a unique searchable database of all global sanctions including: UN, EU and UK dual-use goods lists; OFAC; the UN, US and EU Consolidated Screening Lists; Schedule 2 to the Export Control Order 2008; Annex I to Council …

Subjects: Economy, Financial System, Government Documents, Legal Research

Over 400 Companies Have Withdrawn from Russia—But Some Remain

@JeffSonnenfeld: There are 33 companies that are defying demands for exit/reduction of activities from Russia [“The list is updated continuously by Jeffrey Sonnenfeld and his research team at the Yale Chief Executive Leadership Institute to reflect new announcements from companies in as close to real time as possible.”] Click here to read the March 17th …

Subjects: Climate Change, Defense, Economy, Energy, Environmental Law, Financial System