Search Results for: Putin
Alibaba’s founder predicts in 30yrs people will work 4 hours a day
June 23rd, 2017
People will work much less three decades from now, according to Jack Ma, the founder of Chinese e-commerce giant Alibaba. “People only work four hours a day and maybe four days a week. My grandfather worked 16 hours ...
Virtual currency Ethereum has risen 4,500 percent since the beginning of the year
June 20th, 2017
The price of Bitcoin has hit record highs in recent months, more than doubling in price since the start of the year. Despite these gains, Bitcoin is on the verge of losing its position as the dominant virtual currency. ...
Bitcoin non-regulation leaves users vulnerable to theft, fraud
June 15th, 2017
Cryptocurrency Bitcoin’s blockchain technology is attractive for several reasons – including decentralisation, pseudo-anonymity and its lack of regulation – but new research highlights a downside: users are open to theft and fraud. Computer scientists at Lancaster University and Universiti ...
ESMA Responds To Commission Consultation On FinTec
June 7th, 2017
The European Securities and Markets Authority (ESMA) has sent today its response to the European Commission consultation paper on “Fintech: a more competitive and innovative financial sector”, welcoming the initiative to take a stock-take of the EU’s Fintech industry. ...
Baker McKenzie enters new economy with Legal Collab
June 2nd, 2017
Baker McKenzie launches the initiative for multidisciplinary collaboration aimed at addressing pressing issues in the new economy. Baker McKenzie is to launch the Whitespace Legal Collab this June in its Toronto office – a first-of-its-kind hub for multidisciplinary collaboration ...
China launches controversial cyber security law
June 1st, 2017
China is to implement its controversial cyber security law this week despite foreign firms warning about its impact on their ability to do business there. The law is largely aimed at protecting China’s networks and private user information. However, ...
Bitcoin move over – there’s a new kid on the blockchain
May 30th, 2017
The digital currency bitcoin has broken new records – surging by more than 245 per cent since the start of the year. In just five months, the price of one bitcoin rose from $1,331 to its all-time-high of $3,894 ...
Deloitte Exec Departs to Launch Tokenized Blockchain Research Lab
May 22nd, 2017
Back when Iliana Oris Valiente first started pitching her colleagues at Deloitte on the possible benefits of bitcoin, she was cautioned by a senior level executive that she might be doing damage to her reputation. Now, one of the ...
Russia is considering raising value added tax to 22 percent
May 18th, 2017
If the government raises value added tax and the central bank sees inflation risks from the move, it would be logical for the bank to keep interest rates higher than without the tax changes, Deputy Finance Minister Vladimir Kolychev ...
End of empire
April 30th, 2017
“Already, China dominates world trade. Her own economy is already significantly larger than that of the US on the PPP estimates. While being the largest consumer of raw materials, China also exports more finished goods by value than any ...
