New York

New York Assemblyman Proposes Digital Currency Task Force

6 months ago adcity Comments Off on New York Assemblyman Proposes Digital Currency Task Force
Regulation A few new bills have been proposed by New York state officials concerning the implications of blockchain technology and cryptocurrencies. One of the bills sponsored by the democratic assemblyman Clyde Vanel called bill AO8783 aims to create a “digital currency task force” that plans to monitor the “widespread implementation of digital currencies on financial Read More

Income inequality is wrecking the world but a great rebalancing may be coming

6 months ago adcity Comments Off on Income inequality is wrecking the world but a great rebalancing may be coming
What is a first world problem? As an American who on Thursday celebrated Thanksgiving, I’ve had a lot of recent opportunities to ask myself that question. Its gravity began to weigh on Wednesday evening, when an emptied out New York became a playground of parties and gatherings for those not leaving town. The bars and Read More

In photos: The show is almost over at India’s old single-screen cinemas

6 months ago adcity Comments Off on In photos: The show is almost over at India’s old single-screen cinemas
Growing up in Varanasi, Uttar Pradesh, Nandita Raman often visited Chitra Talkies, the single-screen theatre that her family owned. But when she returned to see it again after several years living and working in New Delhi, she found that it had closed down and completely changed on the inside. “When I visited it I realised Read More

SEC Chairman: Initial Coin Offerings Will Have to Register as Securities

7 months ago adcity Comments Off on SEC Chairman: Initial Coin Offerings Will Have to Register as Securities
Featured In a recent speech to an exclusive group of attorneys in New York, Walter Joseph “Jay” Clayton III, Securities and Exchange (SEC) Chairman, in prepared remarks and brief statements, equated Initial Coin Offerings (ICOs) with securities, which will mean massive regulation of a red-hot market.  Also read: After SEC Snub, Vaneck Re-Enters Crypto Markets Read More

100,000 Puerto Ricans have left the island since Maria. How many more will follow?

7 months ago adcity Comments Off on 100,000 Puerto Ricans have left the island since Maria. How many more will follow?
It’s been more than six weeks since hurricane Maria made landfall in Puerto Rico, and life in the island is still filled with uncertainty: How many people died? When will power come back? How big will the storm’s impact be on the economy? In this series, Quartz is examining questions Puerto Ricans are navigating. Here’s Read More