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.
As airlines recover from COVID-19 and the industry becomes more competitive than ever, low-fare carrier Breeze Airlines is offering 35 new routes and reduced prices for its first-class experiences. CEO David Neeleman joined Cheddar News to talk about the rollout of services amid plenty of headwinds including high fuel costs. "We can limit a lot of costs because we're a technology company that happens to fly airplanes," he noted.
Despite women as a whole being among the groups most impacted by pandemic job losses, homesharing platform Airbnb reported that women hosts brought in $12 billion in revenue last year. Catherine Powell, Airbnb's global head of hosting, joined Cheddar News to discuss how women hosting has become a huge asset for the company. "Last year 21 percent more women joined the platform than men," she said. "So they are joining the platform. They are being successful. They're more super hosts, and they're doing incredibly well."
Miss Universe 2021 Harnaaz Sandhu and Smile Train CEO Susie Schaefer join Cheddar News to talk about how Smile Train continues to support those with a cleft lip this International Women's Day.
On this International Women’s Day, Deb Cupp, president of Microsoft U.S., joined Cheddar News to talk about the implementation of her pillars to extend the company's culture, such as acting with care and putting the team first. "What I like about the pillars is they're very simple, so it's easy for us to think about how they show up every day in our lives," Cupp said.
