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The promising markets for voluntary carbon credits are faced with crippling challenges to the certification of carbon sequestration and the lack of scalable market infrastructure in which companies and institutions can invest in carbon offsetting. This amounts to a funding problem for green...
Persistent link: https://www.econbiz.de/10014350926
On August 8, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the service of ‘Tornado Cash,’ a so-called mixer used to obfuscate the otherwise transparent money trail on the Ethereum blockchain. The service was claimed to launder more than USD...
Persistent link: https://www.econbiz.de/10014264129
The IS discourse on the potential of distributed ledger technology (DLT) in the financial services has grown at a tremendous pace in recent years. Yet, little has been said about the related implications for the costly and highly regulated process of compliance reporting. Working with a group of...
Persistent link: https://www.econbiz.de/10013405730