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,...
Firms must ‘turn technology against criminals’
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Spent ten years at Stonehage Fleming
Early this summer, the Financial Reporting Council (FRC) is due to publish a revised version of the UK Corporate Governance Code, which is expected to include new guidance affecting the composition of boards and shareholder voting practices.
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