FinCen’s Proposed Ruling for Cryptocurrency Use Still Looms as a Major Concern
- Neville Gabby
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- February 21, 2021
Bitcoin continues to gain support from major companies that have recently unveiled plans of accepting bitcoin and other cryptocurrencies as payment forms. Yet concerns on how the U.S. Treasury Department plans to regulate the use of cryptocurrencies still loom as potential factor that could affect the benefits of using crypto money for online transactions. Prior […]
Read MoreWhat Is Wealth Management And Who Are Wealth Managers?
- Lori Feliks
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- February 21, 2021
Not every high-net-worth individuals (HNWI) and ultra-high-net individuals (UHNI) have similar approach towards their money. But how do HNWIs and UHNIs differ? The former are those with a net worth between $1 million and $5 million, whereas the latter have a net worth of $30 million and over. By simply looking at the numbers, you […]
Read MorePres. Biden Says $15/Hour Wage Hike Might Be Excluded in Pandemic Relief Package
- Neville Gabby
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- February 10, 2021
In a recent CBS interview, Pres. Biden disclosed that the provision aiming to raise federal minimum wage to $15 could be excluded from the $1.9 relief package. Nonetheless, the President added that he would be urging Congress to pass a separate bill that will see to the promised $15 per hour minimum wage increase. He […]
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- Regulatory Challenges of Cashing Out Mobile Payments in Developing EconomiesIn emerging markets, mobile payments and digital wallets have transformed the interaction people have with money. A growing concern in this regard is the issue of cashing out mobile payments, especially with systems like T-money. With increasing dependence on mobile wallets, knowing how to cash out your T-money (티머니 현금화) has become critical. However, the […]
- Understanding the Latest Developments in Global Finance and PoliticsThe Ongoing Tensions in Global Politics and Their Financial Impact The tug-of-war between world powers has created waves in the financial markets in the current political climate. The geopolitical landscape has become a key driver for economic shifts, from fluctuating stock prices to disrupted supply chains. The financial markets feel the heat as nations grapple […]
