Jim Yong Kim, head of the World Bank, has become the latest financial voice to question the legitimacy of cryptocurrencies such as Bitcoin by comparing them to "Ponzi schemes".
Kim noted the World Bank was "looking really carefully" at blockchain technology as there was a hope it could be used in developing countries to "follow the money more effectively" and reduce corruption,...
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Partner Insight: Introducing the Architas education series for clients.
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Pension boost from lockdown pain
Rishi Sunak has plans to freeze the lifetime allowance for the rest of the current parliament in a "stealth tax" on the wealthy, according to The Times.
Made 12 acquisitions in 2020