Decentralized finance, will work in the best interests of those who rely upon remittances, and are unduly burdened by the high commissions associated with sending money home, as these would be eliminated by cryptocurrency. President Nayib Bukele even said, “One of the reasons we passed the Bitcoin Law is precisely to help people who send remittances.” Original
Money talks, often in metaphors. Today, El Salvador became the first country to adopt bitcoin as legal tender, allowing residents to pay all public and private debts in the cryptocurrency. It’s a policy without precedent in the world, and one that symbolizes the beginning of a new period of national self-determination for the country. Original
The UK Information Commissioner’s Office (ICO) will today call on fellow G7 data protection and privacy authorities to work together to overhaul cookie consent pop-ups, so people’s privacy is more meaningfully protected and businesses can provide a better web browsing experience. Chairing the meeting, Information Commissioner Elizabeth Denham will virtually meet the G7 authorities on 7-8 September. At the meeting, she will present an idea on how to improve the current cookie consent mechanism, making web browsing smoother and more business friendly while better protecting personal data. Currently many people…