The Wirecard Fiasco From being one of the biggest fintech names in Germany to being alleged for unaccounted funds, Wirecard has been all over the news recently. Ernst and Young, Wirecard’s auditors noted almost $ 2 billion in missing funds. Over the previous 3 trading sessions, the stock of Wirecard has fallen over by 85% … Continue reading Wirecard’s end game?
Category: corporatocracy
Facebook’s plan to divulge into the financial services through Libra is set to launch in 2020. When the concept note of Libra was published in June 2019, it caught the negative attention of the regulators and the central banks worldwide. You can read our introductory article to Libra here. Facebook’s cryptocurrency was introduced by the additional … Continue reading Libra: Concerns over Facebook’s cryptocurrency
While the United States has not made cryptocurrency a legal tender yet and is still not certain on the treatment or regulations, yet another cryptocurrency is getting launched right under their noses. Libra is the new buzz in the fintech market after bitcoins went mainstream. The corporate giant Facebook’s initiative in collaboration with 27 other … Continue reading LIBRA: THE CORPORATOCRACY MOVEMENT
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