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Blockchain: Emergence of a New Breed of Tax Professionals in the Digital VAT World

Blockchain: Emergence of a New Breed of Tax Professionals in the Digital VAT World

Governments around the world are seeking new sources of revenue, and value-added tax (VAT) is the key revenue driver and the largest contribution to governmental budgets. Each year billions of dollars are lost in tax revenue due to non-compliance, evasion, fraud, and non-collection.

New Money Theory Research: Blockchain to Usher in the New Age of Monetary and Financial Freedom

New Money Theory Research: Blockchain to Usher in the New Age of Monetary and Financial Freedom

New Money Theory Research: Blockchain to Usher in the New Age of Monetary and Financial Freedom

Integration of Credit Card with Digital Currencies,  Bringing Crypto from Hype to Mainstream

Integration of Credit Card with Digital Currencies, Bringing Crypto from Hype to Mainstream

Financial giants MasterCard and Visa are expanding at a fast pace and beginning to explore Bitcoin and other cryptocurrencies.

World Wide Fund for Nature in the Philippines to Create Blockchain-Powered Fish Traceability App

World Wide Fund for Nature in the Philippines to Create Blockchain-Powered Fish Traceability App

The World Wide Fund for Nature (WWF) Philippines has teamed up with UnionBank, a digital wallet, to create a blockchain-powered app dubbed Tracey to offer financial support to local fishers, as well as propel traceability and transparency in the fish supply chain.

Japan Appoints Crypto-Friendly Leader as New Financial Services Agency Commissioner

Japan Appoints Crypto-Friendly Leader as New Financial Services Agency Commissioner

Japan’s government seeks to appoint crypto-friendly leader Ryozo Himino as the next commissioner of the country’s Financial Services Agency.

Telegram Abandons TON and Gram Tokens, Durov Critical of US Regulating Whole World

Telegram Abandons TON and Gram Tokens, Durov Critical of US Regulating Whole World

Telegram CEO Pavel Durov has announced that they are calling it quits on the Telegram Open Network (TON) and its Gram tokens after a drawn-out battle with the United States Securities and Exchange Commission.

Can CBDC Drive Financial Inclusion?

Can CBDC Drive Financial Inclusion?

There are still 1.7 billion unbanked in the world. What are the reasons behind such a significant number of unbanked? Can CBDC drive their financial inclusion?

Nobel Laureate to speak at Asian Financial Forum Global business leaders view post-COVID Economy in January

Nobel Laureate to speak at Asian Financial Forum Global business leaders view post-COVID Economy in January

17 December 2020 – In light of the ongoing COVID-19 pandemic, the 14th Asian Financial Forum (AFF) will be held virtually on 18 and 19 January 2021. Under the theme “Reshaping the World Economic Landscape”, the forum will examine the challenges at hand and strategize the road to recovery and beyond with more than 150 influential global financial experts, policymakers, business leaders, economists, investors, and entrepreneurs.

G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence

G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence

According to a report released by the Financial Intelligence Unit of Mexico, the G7 banking sector was most at risk of money laundering operations.

World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge

World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge

The World Economic Forum (WEF) suggested that leaders around the world need to do more to ensure a quicker and more sustainable recovery for the global economy caused by the COVID-19 pandemic. Amongst the 350 top risk professionals in the world surveyed, these risk managers expect a prolonged global recession, as a number of areas of concern were identified in the report compiled by the Forum’s Global Risks Advisory Board, Marsh & McLennan Companies Inc, and Zurich Insurance Group.

China’s First National Level Blockchain Cross-Border Financial System Goes Live

China’s First National Level Blockchain Cross-Border Financial System Goes Live

China Guangfa Bank (CGB), a major Chinese bank, has officially launched the blockchain-based cross-border financial service platform on June 15, with the guidance of the Guangdong Branch of the State Administration of Foreign Exchange.

Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services

Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services

Australian Liberal Senator Andrew Bragg has expressed optimism on the potential of blockchain technology to help ‘Rebuild Confidence’ in the financial services sector

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