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Cryptocurrency going mainstream but EU & US regulators face challenges

Marietje Schaake, International Policy Director at Stanford's Cyber Policy Center, Eurasia Group senior advisor and former MEP, discusses trends in big tech, privacy protection and cyberspace:

Has cryptocurrency finally gone mainstream?

Well, it certainly looks like that because after some people had invested in bitcoins out of curiosity or the quiet hope to make a fortune, now the EU and the European Central Bank are considering a digital euro. And this week, Visa announced that it would accept crypto coins, too. So those developments may help facilitate trust in an area that is also known to be a safe haven for criminal money.

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What are NFTs, and how do they fit into the crypto landscape?

Marietje Schaake, International Policy Director at Stanford's Cyber Policy Center, Eurasia Group senior advisor and former MEP, discusses trends in big tech, privacy protection and cyberspace:

You may have heard that Jack Dorsey is selling his first tweet as an NFT in an auction, but what are NFTs?

Well, I had to do a little homework. NFT stands for "non-fungible tokens." They are unique digital files stored in a block chain and essentially a rare piece of data that becomes an asset. Also, because it can be authenticated. Now, actual ownership is one-off, unique, so unique that Christie's sold one of the highest paid pieces of art by a living artist ever as an NFT, for $69.3 million. And I guess just like with art on canvas, whether that was worth it is a matter of personal taste.

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The new wave of innovation is cause for business optimism about 2021

Kevin Sneader, Global Managing Partner at McKinsey & Company, provides perspective on what corporate business leaders are thinking during the global coronavirus crisis:

Should businesses be pessimistic or optimistic about 2021?

It's easy to be gloomy about the year ahead when faced with the realities of a cold, bleak winter in much of the world. Add to that lockdowns across Europe, surging case numbers and hospitalizations, and dreadful events in the Capitol in the US to name a few reasons for pessimism. But I think there is a case for optimism when it comes to this year. After all, it's true to say that it's always darkest before the dawn, and my conversations with business leaders suggest there are reasons to be positive by 2021.

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Oct 7 panel on digital inclusion in the workforce

Teaching digital skills could empower the workforce the 21st century needs, especially in the wake of the COVID-19 crisis.

On Wednesday, October 7th at 11a ET/8a PT/4p BST, GZERO Media — in partnership with Microsoft and Eurasia Group — presented a live panel discussion, "Digital Inclusion: Connectivity and Skills for the Next Billion Jobs," about the acceleration of digitalization, the changing workforce, and the need for digital access for all.

The conversation was moderated by Sherrell Dorsey, founder and CEO of The Plug, and our panel included:

  • Kate Behncken, Vice President, Microsoft Philanthropies
  • Lisa Lewin, CEO of General Assembly
  • Parag Mehta, Executive Director and Sr Vice President, Mastercard Center for Inclusive Growth
  • Dominique Hyde, Director External Relations, United Nations High Commissioner for Refugees
  • Rohitesh Dhawan, Managing Director, Energy, Climate & Resources, Eurasia Group
Also featured: a special appearance by Michelle Bachelet, United Nations High Commissioner for Human Rights and former president of Chile.

Sign up to be notified about future GZERO Media events.

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Asia's digital economy needs a clear global tax framework: Jakarta Post columnist

September 30, 2020 12:05 PM

In the article, the writer says that a lack of consensus on a global tax framework could widen the digital divide even further by restricting investments, cross border trade and access to innovations for many communities.

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