Gives me a better idea of how much im spending. But because it 19 has changed that now i pay with plastic tops. Im almost, you have to ask yourself, why do people want to abolish cash . So some banks and their backs on cash completely, they dont have any brick and mortar branches or a. T. M. s by the Cashless Payments are on the rocks. But experts are warning were paying with our data. Hes a monster. Google facebook, twitter interface is not surveillance capitalism. Cash is competing with Electronic Payment Systems. Could it get knocked out of the ring . Of former head of interpol says it would be risky to abolish cash completely. What happens if the russians switches off their system . Im no good parents. The coronavirus pandemic has polluted Cashless Payments, whos profiting and what price are we paying tax tax for . Should just be a life without bills and coins . What might that be like in scandinavia . Its already a reality. I decided to take the ferry, hire a car, and go and find
Evidence that congress pandemic spending is riddled with corruption. But critics trying to hold the powerful to account for fear they will soon be silenced. As welcome to the program. 3 weeks after the u. S. Election, the president elect joe biden has finally been given the green light to start the transition process. President donald trump tweeted on tuesday that he was directing his administration to cooperate in the handover process. Its the closest hes come to d. C. Conceding defeat. Meanwhile, biden has pushed ahead and begun announcing nominations for his own administration. President elect joe biden efficiently revealed his picks for the top positions of his cabinet, monday, signaling his readiness to take over the helm. Bidens Foreign Policy and National Security choices mark a clear shift away from trumps america 1st doctrine. Instead, a lot of familiar faces from the Obama Administration. So many that some are calling it the Obama Administration 2. 0. The choice is signaled b
Growing misuse of the currencies via money launderers, terrorist financiers and other bad players. This week representatives of the project will go to capitol hill to discuss the proposal for a crypto currency. At the Treasury Department across the u. S. Government with the International Financial community, theres been a great deal of activity recently related to the regulation and treatment of Digital Assets in crypto currency. Id like to give some brief explanatory remarks about what we have been doin been giving bt since theres lots of interest and then i will open up questions. Last month the association, a consortium of 28 businesses including a facebook subsidiary announced it is developing a crypto currency. The Treasury Department has expressed very serious concerns that libra could be misused by money launderers or terrorist financiers. Crypto currency have been exploited to support billions of dollars of Illicit Activity like cybercrime, tax evasion, extortion, ran somewhere
Recently as you know theres been a great deal of interest about Digital Assets including crypto currency such as that claim and libra. There are many regulatory and supervisory question regarding Virtual Assets and Virtual Currencies but i will focus narrowly on the concerns the treasury has regarding the growing misuse of the currencies via money launderers, terrorist financiers and other bad players. This week representatives of the project will go to capitol hill to discuss the proposal for a crypto currency. At the Treasury Department across the u. S. Government with the International Financial community, theres been a great deal of activity recently related to the regulation and treatment of Digital Assets in crypto currency. Id like to give some brief explanatory remarks about what we have been doin been giving bt since theres lots of interest and then i will open up questions. Last month the association, a consortium of 28 businesses including a facebook subsidiary announced it
Which he struck a very humble but sort of defensive tone in saying that libra is not intended to be an investment vehicle. Its intended to be a payment vehicle that the crypt okurancy will not be used for monetary policy, and sort of defending this as a way for facebook to provide Economic Opportunity to its users. But of course, he is going to be facing a very hostile environment when he testifies tomorrow, and certainly well see if that same tone is echoed by the treasury secretary when he speaks in just a few minutes. This is most notable because this comes just days after President Trump tweeted specifically about libra as well as cryptocurrencies, that could be construed, Steven Mnuchin is approaching the podium lets go to him right now. Recently, as you know, theres been a great deal of interest about Digital Assets, including cryptocurrency such as bitcoin and libra. There are many regulatory and supervisory questions regarding libra, virtual assets, and virch wal currencies but