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://fortune.com/crypto/2023/10/10/ftx-cofounder-gary-wang-alameda-research-sam-bankman-fried-hundreds-of-millions-loans/
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Fortune
Zixiao (Gary) Wang personally signed for hundreds of millions of dollars in loans when he was chief technology officer at the now-bankrupt crypto exchange FTX. Why? He couldn't "recall," he said during his third day of testimony in the blockbuster trial of former crypto mogul Sam Bankman-Fried....
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https://www.heraldnet.com/life/the-future-of-fashion-moving-toward-a-sustainable-wardrobe/
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Heraldnet
Between changing seasons, growing children and new fashion trends, it can feel like we're in a constant cycle of buying new clothes. While this certainly has an impact on our wallets, it also has an impact on the planet. Although it's not obvious to the naked eye, an abundance of natural resources go into making clothing and other textiles.
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https://cointelegraph.com/news/kentucky-regulator-denies-plan-subsidizing-crypto-mining-facility
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Cointelegraph
The Public Service Commission of the state of Kentucky has denied a proposed contract that would have allowed a mining firm to receive a discounted rate on electricity provided by the power company.In an Aug. 28 order, the commission denied a contract between Ebon International and the Kentucky...
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https://insidebitcoins.com/news/magic-eden-launches-the-beta-version-of-its-nft-focused-cross-chain-crypto-wallet
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Insidebitcoins
Join Our Telegram channel to stay up to date on breaking news coverage
Magic Eden, the digital marketplace for non-fungible token collection, has launched the beta version of its crypto wallet. Magic Eden will begin testing the highly anticipated crypto wallet with limited users before the...
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https://www.csmonitor.com/Commentary/the-monitors-view/2023/0714/Red-ink-fair-taxes-Pakistan-tackles-both?icid=rss
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Csmonitor
With global public debt hitting a record $92 trillion last year, it is worth noting what is happening at Pakistan's agency for tax enforcement. To assist homeowners in being honest about their taxes, the agency plans to increase the appraised value of homes by 13% to 15% in August - part of a plan to increase total tax revenue by nearly a third.
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https://www.csrwire.com/press_releases/809031-toward-green-economy-enabling-small-businesses-become-more-sustainable-and
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Csrwire
Home News Environmental Resources. There's an important environmental shift underway, and small businesses are playing a central role. Across the globe, an overwhelming 94% of consumers are demanding a shift to a green economy and holding businesses accountable for driving the crucial changes needed to achieve global net-zero emissions.
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https://cfotech.co.nz/story/banking-sector-leads-in-personal-data-trust-says-thales-2024-report
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Cfotech
The banking sector has emerged as the most trusted industry to handle personal data collection, according to the 2024 Thales Digital Trust Index. A study that surveyed 12,462 customers worldwide revealed that a comfortable 44% trusted banks with their personal data the most. On the contrary,...
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https://www.fintechfutures.com/2023/08/velo-payments-to-acquire-payment-processing-platform-yapstone/
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Fintechfutures
US-based Velo Payments is set to acquire YapStone, a payment processing platform for the short-term and vacation rental industry, for an undisclosed sum. The acquisition process will begin this quarter and will be subject to regulatory approvals and customary closing conditions. Founded in 2017 and based in California, Velo Payments operates a platform that enables businesses to manage and streamline their global payments, offering real-time transaction data, automated payment workflows and a range of payment methods in different currencies.
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https://www.bizjournals.com/orlando/news/2023/11/29/regions-bank-debuts-updated-downtown-branch.html?ana=RSS&s=article_search
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Bizjournals
Regions Bank has upgraded its branch in downtown Orlando.The bank — part of Birmingham, Alabama-based Regions Financial Corporation (NYSE: RF) — on Nov. 28 unveiled enhancements at 111 N. Orange Ave, which is located in the ground level of its main Orlando office. The site removed the teller line...
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https://www.financemagnates.com/cryptocurrency/navigating-change-south-koreas-crypto-exchanges-brace-for-new-reserve-requirement/
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Financemagnates
Amidst a dynamic landscape in the South Korean crypto
asset landscape, exchanges are bracing for change, with the Korean Federation
of Banks issuing real-name account operation guidelines that demand a minimum
reserve of 3 billion Korean won (USD $2.3 million).
Discover StealthEX.io - the future...
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https://www.doctorofcredit.com/a-complete-guide-to-paying-your-taxes-with-a-credit-card/
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Doctorofcredit
Update 3/18/24: PayUSA is now 1.82% (was 1.85%), debit cards now $2.14 (was $2.20).
It's that time of the year again, time to pay taxes! For a lot of people, this is their biggest expense of the year and wouldn't it be great if you could pay your taxes with a credit card? Well as the IRS website...
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https://cryptopotato.com/permissionless-capital-opens-applications-for-web3-startups-opportunities-event/
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Cryptopotato
Web3 startup and investor networking platform Permissionless Capital is calling for applications for an event that would provide eligible companies with the resources needed to bring their products to the market. According to a press release seen by CryptoPotato, applications for the Permissionless Opportunities event have begun and will last till May The Permissionless Opportunities event gives eligible wWb3 startups tools, connections, and funds to navigate the blockchain space and launch their products.
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https://www.fintechfutures.com/2023/05/uk-banks-need-to-seriously-review-their-legacy-core-to-take-full-advantage-of-fintech-investments/
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Fintechfutures
In a speech at the Innovate Finance Global Summit taking place between 17 and 18 April 2023, City Minister Andrew Griffith MP announced a far-reaching census of companies involved in the broad financial services and technology landscape in the UK. Commentators were quick to note that this was a much more modest announcement than had been the case at previous iterations of the conference.
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https://us.beyondbullsandbears.com/2023/08/30/dimensions-insights-blockchain-and-fintech-expand-with-diversity-and-inclusion/
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Us
Important Legal Information. This material is intended to be of general interest only and should not be construed as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy. It does not constitute legal or tax advice. This material may not be reproduced, distributed or published without prior written permission from Franklin Templeton.
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https://www.csrwire.com/press_releases/797446-reduce-reuse-recycle-principle-no-1-building-circular-economy
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Csrwire
Home News. Reduce, Reuse, Recycle: Principle No. 1 for Building a Circular Economy. Eastman takes a principled approach to developing solutions for the circular economy. In our previous article, "Six principles for the circular economy," we introduced our approach to evaluating circular technologies.
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https://www.adexchanger.com/privacy/qonsent-is-merging-with-a-blockchain-provider-to-launch-a-full-stack-privacy-tech-startup/
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Adexchanger
The co-founders of a new privacy tech startup called Precise.ai are two names you'll probably recognize: Adam Helfgott and Jesse Redniss.
On Wednesday, the duo announced the formation of Precise.ai, which merges Qonsent with blockchain-based data infrastructure technology developed by Valence...
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https://fintechnews.my/34216/financial-inclusion/digital-banks-could-be-the-key-to-promoting-financial-inclusion-for-malaysias-b40/
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Fintechnews
Financial inclusion is a vital aspect of economic growth, and it is critical to ensure that all individuals have access to financial services. Unfortunately, in Malaysia, many people from the B40 group (the bottom 40 percent of income earners) still face financial exclusion.
Industry findings...
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https://www.archdaily.com/1021424/pavilions-in-urban-spaces-on-the-experimentation-recycling-and-reuse-of-materials
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Archdaily
When designing a temporary architectural pavilion, the debate often arises about its subsequent useful life, involving circular economy principles, adaptive reuse, and the sustainability of the structures, materials, and construction techniques. The Volvo Circle Pavilion by Studio Heech was created with the guarantee that materials would be reused and recycled, finding new purposes and minimizing environmental impact.
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https://www.forbes.com/sites/jamiehailstone/2022/08/16/could-this-breakthrough-make-plastic-production-truly-circular/
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Forbes
TOPSHOT - This photo taken on September 17, 2015 shows a Chinese labourer sorting out plastic ... [+] bottles for recycling in Dong Xiao Kou village, on the outskirt of Beijing. China is the world's biggest emitter of the greenhouse gases that cause climate change, and a crucial player in the...
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https://behindmlm.com/mlm-reviews/ranieri-assets-review-generic-fintech-ruse-ponzi/
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Behindmlm
Ranieri Assets fails to provide ownership or executive information on its website. Ranieri Assets' website domain ("ranieriasset.com"), was first registered in 2015. The private domain registration was last updated on June 22nd, 2024. Through the Wayback Machine we can see Ranieri Assets' domain was for sale as of March 2022.
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https://fintechnews.ch/fintechfrance/top-10-fintech-startups-in-france-in-2024/72311/
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Fintechnews
Free NewsletterGet the hottest Fintech Switzerland News once a month in your InboxFrance's fintech sector is the third-largest in Europe, boasting a robust and rapidly expanding ecosystem.In 2023, the country's fintech user base surpassed 73 million, generating over US$1.5 billion in revenue,...
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https://www.prweb.com/releases/angelinos-embrace-circular-librarys-concept-store-grand-opening-on-abbot-kinney-blvd-in-venice-ca-featuring-sustainable-clothing-brands-le-cashmere-and-recode-302022543.html
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Prweb
The store supports the idea of circularity and sustainability, and we really wanted to support the local community by creating experiential workshops.

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The grand opening presented the ultimate experience where guests were guided from an art installation to the vibrant colors of...