The value of bitcoin skyrocketed in late 2017 and its rapid rise generated huge amounts of interest in it and the 1,567 other varieties of cryptocurrency available online. However, bitcoin is notoriously volatile and a multitude of financial experts have advised people not to get involved, calling it a bubble that could burst at any moment. There are now fears that it already has. Gadgets and tech news in pictures + show all Gadgets and tech news in pictures 1/43 Designed by Pierpaolo Lazzarini from Italian company Jet Capsule. The I.F.O. is fuelled by eight electric engines, which is able to push the flying object to an estimated top speed of about 120mph. Jet Capsule/Cover Images 2/43 A humanoid robot gestures during a demo at a stall in the Indian Machine Tools Expo, IMTEX/Tooltech 2017 held in Bangalore Getty Images 3/43 A humanoid robot gestures during a demo at a stall in the Indian Machine Tools Expo, IMTEX/Tooltech 2017 held … [Read more...] about Bitcoin price
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Bitcoin has been surging and falling in recent weeks. And it seems mostly to come down to one thing: regulation. The lack of regulation is, for now, a large part of bitcoin and other cryptocurrencies’ intrigue: they seem to allow people to avoid the traditional restrictions in place in money and other assets. But they’re also part of their bad reputation, with the same anonymity and decentralisation allowing them to be used for crime. Many governments have suggested they could introduce such rules. But it’s still not clear what they’d look like, or how they’d arrive; here’s an attempt to predict what might be to come in that most unpredictable of markets. Gadgets and tech news in pictures + show all Gadgets and tech news in pictures 1/43 Designed by Pierpaolo Lazzarini from Italian company Jet Capsule. The I.F.O. is fuelled by eight electric engines, which is able to push the flying object to an estimated top speed of about 120mph. … [Read more...] about Bitcoin regulation: How it would happen in South Korea and what could happen to the price
The EU has always suffered from unreconciled tensions between the interests of member states and of the EU itself. Across the EU27, the interests of citizens are in securing a free trade deal with the UK across all sectors post-Brexit. If member states were to negotiate directly, then their own democratic national assemblies would judge competing interests for the benefit of their people. By contrast, with Brexit, the Commission controls the negotiations and member states place huge reliance on its analysis. This prompts the question of whether Parliament and Council can operate independently, and balance democratically the economic interests of the EU27 citizens. To date, it would appear the perceived interests of a small handful, or even fewer, of EU27 member states are being prioritised at the expense of the rest. A deal providing for frictionless trade in goods is a no-brainer. The EU27 is now pursuing this. Given the UK’s trade deficit such a deal is largely one-way in … [Read more...] about Is Brussels capable of negotiating a democratic Brexit trade deal?
Becoming a ‘digital resident' of Estonia, Michael M. Richardson says, was "as easy as getting a fishing license in Minnesota” - upload a passport photo online, pay 100 euros at a registration office and wait approximately two weeks for the completion of a background check. The 58-year-old American entrepreneur joined Estonia's e-Residency program to help him get the company off the ground in Europe he had been contemplating for years. In January of 2015, immediately after he picked up his e-Residency card, Richardson launched E-Drive Retro, a startup that turns oldtimers into electric vehicles. It now has offices in Tallinn, Helsinki and Miami. "I was able to begin operations seamlessly, despite the fact that I was living on Wall Street at the time and only spending a few days per month in Tallinn,” Richardson, who currently resides in Helsinki, told DW. The Republic of Estonia is the first country in the world to offer government-issued digital residency to … [Read more...] about Digital residency pays off big for Estonia
For 17 years now, Hong Kong has had the freest economy in the world, according to the conservative analysts at the Washington-based Heritage Foundation and the Wall St Journal. The same is true this year. Ronald Arculli, the chairman of the Hong Kong Stock Exchange, is surely not surprised about this year’s result. "Investors can also benefit from the assurance that platforms through which they are investing uphold standards like fairness, transparency, efficiency, orderly markets and the like," he recently said at the Foreign Correspondents' Club in Hong Kong. "We have an amazingly active financial media, both print and electronic, both English and Chinese, and I’m proud to say that we’re probably the only major international financial center that functions in two languages." Top for fiscal, investment and trade freedom One of these media outlets is the South China Morning Post, which has a daily trademark business section. Editor-in-chief Reginald Chou … [Read more...] about Conservative think tank ranks Hong Kong highest for economic freedom