Blockchain
Alpine 4 Technologies’ SPECTRUMebos a Blockchain enabled Enterprise Business Operating System Set for 2021 Public Launch
Alpine 4 Technologies (OTCQB: ALPP) announced today that it has created a new operating entity Spectrumebos, Inc. in anticipation of releasing its Blockchain Enterprise Business Operating System to the small and midcap public market in 2021.
SPECTRUMebos is an Enterprise Business Operating System (EBOS) developed by Alpine 4 Technologies that combines the key technology software components of Accounting and Financial Reporting of an Enterprise Resource Planning System (ERP), a Document Management System (DMS), a Business Intelligence (BI) platform and a Customer Resource Management (CRM) hub which are tethered to a management reporting and collaboration toolset. SPECTRUMebos embeds itself in a robust blockchain ledger system so that the security and authenticity of transactions remain static. These tools help drive real-time information in two directions; first, to the front lines by empowering customer-facing stakeholders and second, back to management for planning, problem-solving and integration.
Kent B. Wilson, CEO, had this to say, “SPECTRUMebos’s enterprise-grade distributed ledger platform helps increase business manageability and transparency on a secure and intelligent system. It is anticipated that Alpine 4’s SPECTRUMebos will be a pivotal solution of the small and mid-cap public sector companies as it pertains to operating their businesses and complying with the scrutiny of public filings. This market also lacks in transparency due to access to cost-effective tools. I see our pricing by being offset by the potential cost savings in PCAOB auditing expenses as the need for testing validation work should be reduced by 25-30%.”
SOURCE Alpine 4 Technologies, Ltd.
Blockchain
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Blockchain
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Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
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