Tag Archives: Investment/Trends

India’s Tiny Declaration of Independence?

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“Last week, a small job ad appeared on the inside pages of some newspapers looking for candidates for the post of ‘joint secretary’ in the Indian government.  Mid-level bureaucrats such as joint secretaries — there are about 350 of them in all — are India’s real policy-makers.”

Read more: https://www.bloomberg.com/view/articles/2018-06-14/tiny-job-ad-could-transform-india-s-government

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India’s bitcoin U-turn: Government panel may allow cryptos with conditions

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“A panel formed by the government to look into crypto-currency does not seem to be in favour of banning it. Instead, it may suggest allowing crypto-currency with riders, ETNow reported quoting Cogencis. ”

Read more: https://economictimes.indiatimes.com/markets/stocks/news/u-turn-on-bitcoin-government-panel-may-allow-cryptos-with-riders/articleshow/64569000.cms

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Switzerland’s ‘Crypto Valley’ Set To Test Blockchain Voting

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“Residents of the Swiss city, Zug, will use the city’s eID system to vote using their smartphones this month as part of a blockchain based voting test.”

Read more: https://www.ccn.com/switzerlands-crypto-valley-set-to-test-blockchain-voting/

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Switzerland Shows the Way: Bank First to Offer Crypto Business Accounts

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“Hypothekarbank Lenzburg announced this week it was accepting cryptocurrency related businesses as account holders, something many legacy financial institutions outright refuse.”

Read more: https://news.bitcoin.com/switzerland-shows-the-way-bank-first-to-offer-crypto-business-accounts/

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Self-Serving BIS Report Warns Bitcoin Is Flawed, Will ‘Bring The Internet To A Halt’

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“The Bank for International Settlements just told the cryptocurrency world it’s not ready for prime time — and as far as mainstream financial services go, may never be.”

Read more: https://www.bloomberg.com/news/articles/2018-06-17/bitcoin-could-break-the-internet-central-banks-overseer-says

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Tether Used to Manipulate Price of Bitcoin During 2017 Peak: New Study

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“Even though the 87 examples account for less than 1 percent of the time period examined, they amounted to about 50 percent of Bitcoin’s compounded return over that year.”

Read more: https://www.bloomberg.com/news/articles/2018-06-13/professor-who-rang-vix-alarm-says-tether-used-to-boost-bitcoin

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U.S. commodity regulator faces court challenge over attempt to regulate cryptocurrency

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“Lawyers argue the CFTC has no authority over the virtual currency because it is not a commodity like wheat or cotton or a service that is traded using futures contracts, the typical focus of the agency’s enforcement regime.”

Read more: https://www.reuters.com/article/us-usa-cryptocurrency-mybigcoin/u-s-agencys-virtual-currency-oversight-faces-court-challenge-idUSKBN1J92F3

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Under U.S. tariff pressure, world’s largest semiconductor plant to be built in China

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“Tsinghua’s rapid plant construction threatens to flood the semiconductor market and sink prices, following a pattern set by Chinese makers of liquid crystal displays, solar panels and other commoditized technologies.”

Read more: https://asia.nikkei.com/Business/Companies/Chipmaker-Tsinghua-brings-China-s-national-ambition-within-reach

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Apple closes law enforcement loophole for the iPhone

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“The feature disables data transfer through the Lightning port one hour after a phone was last locked, preventing popular third-party hacking tools used by law enforcement from accessing the device.”

Read more: http://money.cnn.com/2018/06/13/technology/apple-iphone-law-enforcement/index.html

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Landlords Are Practically Giving Malls Away

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“The handful of investors that are active in the space are demanding steep discounts to take on the risks of shaky tenant rosters, falling foot traffic and an antiquated business model.”

Read more: https://www.bloomberg.com/news/articles/2018-06-12/owners-of-fading-malls-on-their-knees-as-buyer-pool-evaporates

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