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“#NYC taxi industry bailout plan could hurt market for medallions” A new plan to bail out New York City’s debt-ridden taxi drivers is getting support from top city and state officials — but critics say the numbers don’t add up, and claim that it threatens to wreck the market that finances yellow cabs for good….
“#Taskhub v2.3 – Project Management, Finance, CRM Tool PHP Script” Taskhub v2.3 – Project Management, Finance, CRM Tool PHP Script Free Download. Task Hub is a Lightweight & Super Fast One Stop Solution for your Project Management and Task Management, Company Accounts, or Finance Management, Customer’s data Management tool which provides it’s project managers (PMs),…
“# Colombian Stock Exchange to use blockchain for OTC derivatives trading ” The Colombian Stock Exchange announced it is joining the Consorcio Colibrí, a private initiative that promotes the adoption of blockchain technology within the finance industry. As Cointelegraph Español reported on Nov. 18, Consorcio Colibrí was formed by major financial institutions such as Bancolombia,…
“#Joe Biden to nominate Janet Yellen as Treasury Secretary” President-Elect Joe Biden plans to nominate former Federal Reserve chairwoman Janet Yellen to become the next Treasury Secretary, sources told The Post. If confirmed, the 74-year-old Yellen will be the first woman to run the Treasury Department, and also the first person ever to hold the…
“# Dress to impress: Crypto payments set for mainstream via compliance ” Mainstream interest for cryptocurrency is becoming ever-apparent as major online payment systems such as PayPal begin to offer support for digital currencies. While a revolutionary step for both the crypto and traditional finance spaces, meeting regulatory requirements is crucial in order for such…
“# The DeFi market desperately needs to connect with real-world assets ” With over $13 billion in total value locked, decentralized finance has truly shaken the crypto world in the last year. It has provided a new way to profit from the crypto market. Meanwhile, DeFi right now is only a niche trend with a…
“# Deutsche Bank: central bank digital currency will replace cash in long term ” Deutsche Bank, the largest banking institution in Germany, is confident that central bank digital currencies, or CBDCs, will replace cash in the future. The bank’s research arm, Deutsche Bank Research, published a new report on economic estimations and proposals to assist…
“#Bill Ackman just made another massive bet on a new COVID-19 surge” Bill Ackman just placed another big bet against the credit markets as coronavirus cases surge nationwide. The billionaire investor said he has bought $8 million worth of insurance that will pay off if companies start defaulting on their debts like they did when…
“#New HBO drama ‘Industry’ takes on cutthroat finance world” The HBO workplace drama “Industry” follows several millennials entering the cutthroat world of finance. The series (Mondays at 10 p.m.) takes place at fictional London investment bank Pierpoint & Co., where a group of ambitious young graduates compete for a limited number of permanent positions. (It…
“# Australian senator says blockchain can make financial compliance easier ” Australian Liberal Senator Andrew Bragg thinks that blockchain technology can solve a number of major regulatory issues in his home country. According to Bragg, blockchain technology could become a useful tool in reducing complications associated with financial regulatory compliance and transparency. “The future is…