Foreign governments are reportedly skirting international sanctions through the use of cryptocurrency. Axios' reporter Shannon Vavra explains the dangers of this digital currency, and challenges facing regulators.
"The fact that sanctions, regimes, and regulations right now aren't keeping up with the innovation in cryptocurrency is something that leaders around the world are bound to be watching right now," says Vavra.
Cryptocurrencies are able to mask illicit activities because they function across borders, are pseudo-anonymous, and can provide plausible deniability. Challenges facing regulators include the pace of cryptocurrency innovation, and risk in over-regulating and hampering innovation.
Chris Salgardo, founder and CEO at Atwater, joined Cheddar News to discuss how the company is making men's personal care mainstream. “I think that the simplicity of it is what's really resonated,” he said.
Thanh Nguyen, CEO, and co-founder of OpenComp, joined Cheddar News to discuss salary trends and how to negotiate a raise amid historically high inflation and recent data on compensation.
John Haar, managing director of Swan Private Client Services at Swan Bitcoin, joined Cheddar News to discuss the different forces which affected the price of the cryptocurrency in 2022.
Bed Bath & Beyond on Thursday warned investors that bankruptcy is now on the table, as a turnaround effort begun in the third quarter failed to right the firm's financial ship.
