Jonah Schulman, the Head of Marketing at
Security Token Market, a US-based company focused on a listing website for Security Token Offerings (STOs) from all over the world, says that when he says “no” to US equities and “yes” to security tokens, he’s “actually saying yes” to blockchain or distributed ledger technology (DLT) and “no” to the existing financial infrastructure.
As explained by Schulman, a security token is basically a digital representation of an asset that’s recorded on the blockchain or DLT-enabled platform. Therefore, all US equities “can and will become a security token when the traditional markets adopt blockchain as its underlying infrastructure,” Schulman predicts.
USDA freezes $2.3B supplemental Coronavirus Food Assistance Program
USDA announced Jan. 27 that $2.3 billion in supplemental Coronavirus Food Assistance Program (CFAP) payments will be temporarily frozen.
“In accordance with the White House memo, Regulatory Freeze Pending Review, USDA has suspended the processing and payments under the Coronavirus Food Assistance Program – Additional Assistance and has halted implementation until further notice. FSA local offices will continue to accept applications during the evaluation period,” said a notice on the USDA CFAP page.
Senate Agriculture Committee Chairwoman Debbie Stabenow, D-MI, told the Farm Journal that she supports the Biden Administration’s move to freeze payments under CFAP in order to review the rules put in place in the waning days of the Trump Administration.
Alexan2008 iStock Thinkstock Additional $2.3 billion in aid to farmers on hold as Biden administration reviews rules issued in final days of Trump presidency.
In accordance with the White House memo, Regulatory Freeze Pending Review, USDA has suspended the processing and payments under the Coronavirus Food Assistance Program - Additional Assistance and has halted implementation until further notice. Farm Service Agency local offices will continue to accept applications during the evaluation period, USDA says.
USDA’s Farm Service Agency previously announced Jan. 15 it would be accepting new or modified CFAP applications from eligible producers January 19 through February 26, 2021. Certain producers were to receive updated payments automatically with the estimated $2.3 billion that would be available. The Consolidated Appropriations Act of 2021 provided an additional $13 billion to help farmers and ranchers continue to recover.
ETtech Morning Dispatch on 29 Jan. 2021: Top tech news to start your day
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Synopsis
The review by US President Joe Biden’s administration is expected to provide relief to companies that depend on computer science engineers from countries such as India.
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PUNE: The United States will review a proposal that had sought increased wages for new H-1B visa applicants.
The anti-immigrant measure Strengthening Wage Protections for the Temporary and Permanent Employment of Certain Aliens in the United States by the previous Donald Trump government would have increased H-1B wages by as much as 30%.
The review by US President Joe Biden’s administration is expected to provide relief to companies that depend on computer science engineers from countries such as India.