Grineo Review: Digital Currency Space Needs More Women in 2024
Sydney, Australia, 23rd Jan 2024 – Grineo, headquarters.
In recent years, the world has witnessed a significant rise in the popularity and adoption of cryptocurrencies. With the emergence of blockchain technology, the crypto industry has become a force to be reckoned with. However, despite its exponential growth, there is still a noticeable gender gap within this male-dominated sector.
According to the latest research from various sources, women now represent only a small percentage of the entire global workforce. For instance, according to the Global Gender Report 2023, made by World Economic Forum (WEF), between 2019 and 2020, the global women’s labor-force participation rate declined by 3.4%, as compared to 2.4% for men.
Analysts from CeFi platform Grineo as per the special request of Blockonomi explored the gradual changes being seen in gender disparity in the crypto and blockchain industries.
Gender Disparity in the Workforce
Women have been (re-)entering the workforce at a slightly higher rate than men since then, resulting in a modest recovery in gender parity. Between the 2022 and 2023 editions, parity in the labor-force participation rate increased from 63% to 64%. However, the recovery remains unfinished, as parity is still at the second lowest point since the first edition of the index in 2006 and significantly below its 2009 peak of 69%.
In the crypto industry, this gender disparity is even more pronounced. Currently, women represent just a fraction of the workforce in the crypto industry, with the number hovering around 10-25% according to various data. Despite comprising almost, a quarter of the crypto industry’s workforce, women remain drastically underrepresented as founders and partners.
Crunchbase says that a mere 3% of crypto businesses are led by female visionaries, while a meager 12% of fund partners in the industry are women. To add to the disparity, a paltry 4 out of 100 of the world’s top crypto companies boast at least one female co-founder.
Promoting Inclusivity in Crypto
Gender discrimination in the tech industry is a known issue, with crypto being no exception. On January 15, 2024, Google Analytics data gathered by Coin.Dance revealed that the Bitcoin community was 85.77% men and a mere 14.23% women, highlighting a stark gender disparity in engagement. Meanwhile, the percentage of professionals who have faced gender discrimination keeps growing, from 21% in 2021 to a concerning 26% in 2022 according to a study done in April 2023 by Dice, the tech career marketplace from a DHI Group, Inc. brand (NYSE: DHX), with 5.9M members in the United States. However, there is a major and ongoing drive to promote female inclusivity in crypto and blockchain. At least a dozen organizations have been established to provide mentorship opportunities and networking events for women in crypto, such as Global Women in Blockchain, CryptoChicks, Women in BlockChain, State of Women, Women in Blockchain Community, The Association for Women in Cryptocurrency, Women Do Crypto and more.
Furthermore, the importance of role models cannot be overstated. And we see that thriving in crypto field is not just possible, it’s inevitable as we shine a spotlight on trailblazing females, including Elizabeth Stark of Lightning Labs, He Yi of Binance, Nicole Muniz of Bored Ape Yacht Club NFT collection, blockchain advocate Caitlin Long, ARK Invest founder Cathie Wood, LinkedIn tech influencer Cathy Hackl, data privacy champion Brittany Kaiser, Hut 8 CEO Jaime Leverton, Black co-founder Audrey Akwenye, Impactful Artistry founder Lianna Adams, and Climate Chain Coalition MENA lead Amna Usman Chaudhry and many others. These role models serve as an inspiration and prove that gender should not be a limiting factor in pursuing a career in crypto.
While progress has been made, there is still a long way to go. However, crypto ownership among women rose significantly, from 18% in 2023 to almost 30% at the start of 2024, as Security.org analysts indicate, a promising number of things to come for the future. Chief Expansion Officer of Grineo, Olesia Kostieieva, commented on recent industry events that Grineo sponsored in Australia.
“We noticed at The Blockies and the Australian Crypto Convention 2023 that the audience is now 20 – 30% women, which is a lot more than in years gone by! As a woman in crypto, it’s great to see the demographic grow to include more people interested in using digital assets in the real world.”
With continued efforts to bridge the gender gap, it is expected that women will represent a larger proportion of the workforce in the crypto industry.
Diversity Benefits the Crypto Industry
So, why does crypto need more women? The answer lies in the benefits of diversity. Studies have shown that diverse teams outperform homogeneous ones in terms of innovation and problem-solving. By bringing more women into the crypto industry, a wider range of perspectives and ideas can be incorporated, leading to more inclusive and robust solutions.
Additionally, women have unique qualities that make them valuable assets in the crypto space. Studies suggest women tend to be more risk-averse and more open to new solutions, as well as diligent and detail-oriented when it comes to running a client portfolio, traits that are highly sought after in an industry that requires careful attention to security and accuracy. By leveraging these strengths, women can contribute to the development and advancement of the crypto industry.
Looking ahead to 2024, it is clear that crypto needs more women. The industry is evolving rapidly, and inclusivity is crucial for its continued success. By encouraging and supporting women to enter this field, we can create a more balanced and prosperous crypto ecosystem.
Future Trends for the Crypto Workforce
Despite the persistent gender gap plaguing the industry, the future of women in crypto appears bright, and future trends in the blockchain industry indicate a positive shift towards greater gender diversity. With women now representing a significant portion of the global workforce, it is only a matter of time before they have a more substantial presence in the crypto industry.
However, this progress requires continuous efforts from all stakeholders to ensure equal opportunities and support for women in this emerging field. By embracing diversity and inclusivity, the crypto industry can unlock its full potential and thrive in the years to come.
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Washington, New Jersey, United States, 12th Jan 2024 – A team of independent developers proudly introduces YoMix.io, an innovative online service dedicated to enhancing the level of anonymity and confidentiality in cryptocurrency transactions. Focused on safeguarding user rights and preserving the secrecy of electronic coin transactions on the blockchain, YoMix, the groundbreaking Bitcoin mixer, ensures transactions that are not only anonymous but also impossible to track.
The primary goal of YoMix specialists was to address a vulnerability in Bitcoin transactions—the ability to track coin movement through unique identifiers. This weakness, allowing professionals to easily trace the path of coins, has been successfully eliminated by the new service. The YoMix mixer operates by blending individual payments in a common ‘pot’ before sending them in different directions, rendering the origin and subsequent movement of Bitcoin nearly impossible to trace along the blockchain.
Emphasizing the importance of user discretion, developers recommend sending small payments through the Bitcoin mixer for optimal effectiveness. This approach reinforces a uniform mixing of tokens, minimizing the risk of some bitcoins reaching the final recipient when large amounts are sent.
Security has been a paramount consideration for the creators of YoMix, with end-to-end encryption used to keep user data strictly confidential. No unauthorized persons can access information about clients, their coins, or subsequent transactions. User feedback highlights the intuitive interface of YoMix, requiring no special preparation or training. The presence of an informative FAQ section further aids users in understanding the distinction of working with YoMix.
YoMix actively seeks partnerships, inviting collaborators to attract new users through referral links. Partners begin receiving payments automatically, with commission amounts reaching up to 50%, starting when the minimum withdrawal point is reached.
Users of YoMix can choose between a time-delayed mixing method or instant mixing, each providing a distinct layer of anonymity. Additional measures include the option to send coins to multiple wallets simultaneously, allowing users to set the percentage of transfers independently and introducing a fund transfer delay of up to 72 hours per transaction.
The YoMix mixer’s algorithm ensures the maximum impersonality of token transfers, blocking any attempts at tracking transactions. Users are advised to follow a specific scheme involving the onion mirror site, Tor, multiple Bitcoin wallets, time delays, uneven distribution of amounts, specified commission, and random transactions to achieve optimal anonymity.
By implementing these measures, YoMix fulfills client requirements, enabling anonymous payments on the network and restoring anonymity to Bitcoin transactions. The service offers a generous commission structure, with 50% of profits available to partners, providing an incentive for widespread adoption.
For further information or inquiries, please visit their website.
About YoMix:
YoMix is an innovative mixing technology that brings anonymity to everyone. The service operates in eight languages, catering to users worldwide, and aligns with its primary goal: blocking blockchain analysts’ capabilities and bolstering the confidentiality of Bitcoin transactions. Key features of the service include instant coin mixing (if no delay is set), independent commission size selection, utilization of the site’s onion mirror and the Tor system, and the absence of logs documenting service usage.
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The post YoMix.io launched an efficient automated Bitcoin mixer with low fees appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
India, 18th Nov 2024 - India Visa Online is transforming how travelers from around the world obtain their Indian visa, offering an innovative, secure, and efficient platform. This streamlined service provides a convenient way for international travelers, including citizens of Spain, Saudi Arabia, UAE, Qatar, and Ukraine, to apply for their visas from the comfort of their homes. With a user-friendly interface, fast processing times, and exceptional customer support, India Visa Online simplifies what once was a time-consuming and complex process into a smooth experience for everyone.Key Features and BenefitsIndia Visa Online has been developed to ensure the visa application process is as straightforward and stress-free as possible. Below are the key benefits of using the platform:Fast and Easy Application ProcessIndia Visa Online eliminates the need for applicants to visit consulates or embassies. The application can be completed entirely online by filling out a simple form, uploading required documents, and making payment through a secure portal. Most applications are processed within 72 hours, allowing travelers to make arrangements with confidence and without unnecessary delays.Variety of Visa TypesThe platform offers a range of visa options catering to the specific needs of each traveler. From Tourist Visas to Business Visas and e-Visas, the service allows users to apply for the visa type most suitable for their purpose of travel. This flexibility means individuals from Spain, Saudi Arabia, the UAE, Qatar, and Ukraine can select the appropriate visa without confusion.Urgent Visa ServicesFor those who need to travel at the last minute, India Visa Online also offers urgent visa services. This feature ensures that applicants can receive their visas quickly, even in time-sensitive situations. The ability to expedite the process is a crucial benefit for both business professionals and tourists.Comprehensive Customer SupportIndia Visa Online provides around-the-clock customer service, assisting applicants at every step of the process. Whether you need help completing your application or have questions about document requirements, their support team is always ready to help, ensuring a seamless and stress-free experience.Global AccessibilityIndia Visa Online is available to citizens from over 160 countries, including Spain, Saudi Arabia, UAE, Qatar, and Ukraine. No matter where travelers are from, they can access the service and easily apply for their Indian visa.Customer Success StoriesIndia Visa Online has helped thousands of satisfied customers from around the world:“I applied for my tourist visa from Spain using India Visa Online, and it was such an easy experience! The platform was user-friendly, and I received my visa approval in just a few days. I highly recommend this service!” – Elena G., Spain“I needed a visa for an urgent business trip from Saudi Arabia, and the urgent visa service helped me get my visa in time for the meeting. The customer support team was responsive and very helpful in guiding me through the process.” – Khalid A., Saudi Arabia“As a Qatar citizen, I had no idea how easy it could be to apply for an Indian visa online. The process was quick, and I had my visa within 72 hours. I’ll definitely use this service for my future trips.” – Hassan M., QatarConclusionIndia Visa Online is reshaping the way travelers apply for visas to India. With its fast processing times, variety of visa options, and exceptional customer service, it has become the go-to platform for citizens of Spain, Saudi Arabia, UAE, Qatar, Ukraine, and other countries. Whether traveling for leisure, business, or family visits, India Visa Online provides an easy, efficient, and reliable solution for securing an Indian visa.To learn more about the India Visa Online application process or to apply today, visit visaonlineindia.org.INDIAN VISA FOR SPANISH CITIZENSIndian Visa FOR Saudi Arabia CITIZENSIndian Visa FOR UAE CITIZENSIndian Visa for Qatar CitizensIndian Visa for Ukranian Citizens
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United States, 18th Sep 2024, - Mowrator is set to present its latest advancements in remote control lawn mower technology at the GIE EXPO 2024, taking place from October 15 to 18, 2024, in Louisville, Kentucky. As one of the leading trade events for outdoor power equipment and lawn care, the expo will provide a platform for Mowrator to demonstrate its cutting-edge mowers, designed to address the needs of residential, commercial, and industrial users.The models on display at the event will highlight improvements in precision, performance, and efficiency, particularly in challenging environments. Mowrator’s remote control mowers are equipped with advanced features such as GPS navigation, integrated safety sensors, and energy-efficient engines. These technologies have been developed to enhance operational capabilities while supporting more sustainable lawn care practices.According to Melanie, marketing director at Mowrator, the event offers an important opportunity for industry engagement. “The GIE EXPO allows the company to showcase the latest developments in remote control mowing technology. It is an essential event for gaining feedback from professionals and understanding how the equipment can meet the evolving needs of the industry.”The company’s focus on sustainability will also be highlighted through the inclusion of electric-powered models, aimed at reducing fuel consumption while maintaining high standards of performance. Mowrator will further demonstrate its commitment to innovation by introducing additional mower attachments, designed to perform tasks such as mulching and snow removal. These advancements reflect the company’s approach to offering versatile solutions for modern lawn care.Mowrator’s participation in the GIE EXPO comes at a time of increased interest in automated lawn maintenance, particularly in sectors where efficiency and sustainability are driving factors. With growing demand for such technology, the company anticipates expanding its presence both in North America and globally.Melanie commented on the company’s future plans: “As demand for efficient lawn care solutions continues to rise, Mowrator is preparing to expand into new markets. Investments in research and development are underway to ensure that product offerings remain aligned with industry requirements. The focus in the coming months will be on strengthening distribution and exploring new partnerships to support these efforts.”Mowrator’s presentation at the GIE EXPO 2024 is expected to further establish its role as a key player in the development of remote control lawn mower technology. The company’s ongoing efforts in innovation and sustainability position it well to meet the evolving demands of the market.For more information about Mowrator’s products and its showcase at the GIE EXPO in Kentucky, contact Melanie, marketing director at Mowrator, via phone at 1 (562)-568-8868 or by email at partnership@mowrator.com.
United Kingdom, 17th Oct 2024, Grand Newswire - In a dazzling display of achievement, GSGSG.COM, a leading foreign exchange, gold, and cryptocurrency brokerage service provider, has made its mark on the iconic Nasdaq screen in the heart of Times Square, New York. This significant milestone not only solidifies GSGSG.COM's position as a major player in the foreign exchange, gold, and cryptocurrency industry but also highlights its growing influence on the global financial stage.The appearance of GSGSG.COM on the Nasdaq screen in Times Square marks a momentous occasion, underscoring the platform's success and recognition within the financial community. Times Square, known for its bustling energy and as a symbol of commerce and innovation, serves as the perfect backdrop for this achievement. The Nasdaq screen, a beacon for investors and traders worldwide, showcases companies and events that are shaping the future of finance, making GSGSG.COM's presence all the more significant.GSGSG.COM earned its place on the Nasdaq screen through its dedication to providing exceptional brokerage services and innovative solutions for traders in the foreign exchange, gold, and cryptocurrency markets. With a focus on transparency, reliability, and cutting-edge technology, the platform has built a reputation for excellence and has attracted a growing number of traders seeking a trustworthy partner for their trading endeavors.As a brokerage service provider, GSGSG.COM offers traders access to a wide range of currency pairs, competitive pricing, and advanced trading tools designed to enhance their trading experience. Whether traders are seasoned professionals or newcomers to the market, GSGSG.COM provides the resources and support they need to navigate the complexities of currency trading with confidence.A key factor that sets GSGSG.COM apart is its commitment to customer satisfaction and security. The platform prioritizes the safety of clients' funds and employs robust security measures to safeguard against unauthorized access and fraud. Additionally, GSGSG.COM offers responsive customer support, ensuring that traders receive timely assistance whenever needed.The appearance of GSGSG.COM on the Nasdaq screen is not only a testament to its success but also a reflection of the increasing popularity and importance of the foreign exchange, gold, and cryptocurrency markets. With trillions of dollars traded daily, these markets play a vital role in the global economy, and platforms like GSGSG.COM are instrumental in facilitating currency exchanges and enabling traders to capitalize on market opportunities.Looking ahead, GSGSG.COM is poised to continue its upward trajectory, leveraging its position on the Nasdaq screen to further expand its reach and influence in the financial world. By staying true to its core values of integrity, innovation, and customer service, GSGSG.COM is well-equipped to lead the way in providing top-tier brokerage services and shaping the future of trading in these markets for years to come.Disclaimer: The information provided in this press release is not a solicitation for investment or intended as investment advice, financial advice, or trading advice. It is strongly recommended that you practice due diligence, including consulting with a professional financial advisor, before investing in or trading securities.
Oakland, CA, United States, 26th Jul 2024 - Celebrating more than four decades of exceptional service, PC Professional, Inc. continues to stand as a pillar of IT support in the San Francisco Bay Area. Renowned for its comprehensive IT services, PC Professional is dedicated to enhancing the operational efficiency and security of businesses and non-profits with tailor-made technology solutions. Comprehensive IT Services Customized for Business Success With a commitment to excellence and innovation, PC Professional offers a range of IT services tailored to meet the diverse needs of its clientele: Managed IT Services: Ensuring smooth and efficient IT operations with proactive monitoring and management. Co-Managed IT: Augmenting the capabilities of existing IT teams with additional resources and expertise. Cybersecurity Solutions: Providing cutting-edge security measures to protect against cyber threats and safeguard data. Cloud Computing: Enabling flexible, scalable access to IT resources to enhance productivity and support remote work. Data Backup and Disaster Recovery: Offering robust strategies to protect critical data and ensure business continuity in emergency situations. IT Consulting Services: Aligning IT strategies with business goals to drive growth and competitive advantage. “Our tailored solutions are designed to propel businesses forward, ensuring they can navigate the complexities of today’s digital landscape with ease and confidence,” said Dan Sanguinetti, Founder of PC Professional. Unmatched Responsiveness and Client-Focused Service PC Professional sets itself apart with a remarkable commitment to client service, featuring a rapid 30-minute response time to IT concerns. This responsiveness, combined with flexible service agreements that eschew long-term contracts, allows businesses to adapt quickly to changing technological needs. "By providing swift and adaptable IT solutions, we enable our clients to remain agile and responsive in a fast-paced market. Our focus is on building long-term relationships where we act not just as a service provider, but as a trusted IT partner." commented Dan Sanguinetti. A Legacy of Innovation and Community Engagement Since its inception in 1981, PC Professional has been at the forefront of IT innovation. The company prides itself on its deep roots in the Bay Area and its continuous involvement in community initiatives, helping to strengthen local businesses and non-profits through technology. “Our rich history in the Bay Area fuels our commitment to community and innovation. We continue to evolve our services to meet the future needs of our clients, ensuring they benefit from the latest technological advancements,” added Dan Sanguinetti. About PC Professional, Inc. PC Professional, Inc. has been a leading provider of IT solutions in the San Francisco Bay Area since 1981. The company specializes in a full spectrum of IT services designed to optimize business operations and enhance technological capacities. With a commitment to reliability and customer satisfaction, PC Professional is the preferred IT partner for numerous businesses and non-profits in the region. Contact: Dan Sanguinetti PC Professional 1615 Webster Street, Oakland, CA 94612 Phone: (510) 874-5828 https://pcprofessional.com/
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During the 2024 Summer Olympics in Paris, the Foundation for a Drug-Free World (DFW) emerged as a key player in the global fight against drugs. Recognized by the UN for its efforts in drug education and prevention, DFW distributed over one million informative booklets to athletes, locals, and visitors, highlighting the risks of substance abuse and promoting informed decision-making for healthier living.
Brussels, Brussels, Belgium, 27th Aug 2024 - In Paris, France, during the 2024 Summer Olympics—a global celebration of sportsmanship and unity—a significant movement quietly emerged: the fight against drugs. With over 6 million people having gathered in the city and other host venues, hundreds of volunteers from Non a la Drogue, Oui a la Vie (No to Drugs, Yes to Life Association, the French chapter of Foundation for a Drug Free World) were delighted to find broad-based support from individuals and groups eager to contribute to the cause. Central to this cause was the Foundation for a Drug-Free World (DFW), an organization recently recognized by the UN with Consultative Status to the Economic and Social Council for its worldwide efforts in drug education and prevention.Drugs are at the root of immeasurable human suffering“Drugs are at the root of immeasurable human suffering,” said UN Secretary-General António Guterres in his message on the International Day Against Drug Abuse this year. “Evidence-based drug prevention programmes can protect people and communities alike, while taking a bite out of illicit economies that profit from human misery.”During the Olympics, DFW focused on distributing over one million copies of "The Truth About Drugs" booklet to Parisians, athletes, authorities, and tourists in just a few weeks. These informative booklets, available in multiple languages, provided detailed insights into the risks associated with various substances such as cannabis, cocaine, ecstasy, alcohol, and prescription drugs. They highlighted the impacts on physical and mental well-being and offered strategies for resisting peer pressure—crucial in an environment of high performance and stress. The goal was to equip individuals with the knowledge and resources to make informed choices about their health and well-being.In addition to this massive distribution, DFW regularly hosts talks and workshops worldwide in schools, associations, companies, law enforcement agencies, and youth organizations. These sessions explore the reasons behind drug use, patterns of addiction, and the short, medium, and long-term consequences of substance abuse. Emphasizing awareness in decision-making is key to leading a fulfilling life. DFW's approach is rooted in extensive experience and evidence-based education, focusing on the realities of drug abuse and its harmful effects.DFW's recent acknowledgment by the UN ECOSOC underscores its dedication to collaboration and effectiveness in fostering drug-free communities. The organization continues to expand its reach, implementing initiatives across different nations and collaborating with governments, schools, and healthcare entities, making a noticeable and much-needed impact in curbing drug use and related issues.Engaging everyone to fight drugsAs Pope Francis said just before the Olympics, "All social, civil and religious institutions must be united to do what we do best and together create community. We can all collaborate and be part of sporting, educational and community spaces". "And we can only but agree with these words" said Ivan Arjona-Pelado "and in fact members of the Church of Scientology have been tackling this issue and joining forces with others since at least the late 60ies" he concluded.Through the whole combined experience, an important accomplishment of DFW is by now its ability to engage people during crucial stages of their development. By offering age-appropriate information and resources, DFW helps prevent drug use before it begins. With over 100 groups across Europe, the network of Drug-Free World chapters extends support and guidance, particularly to youth, helping them choose not to start using drugs or to stop early if they have begun.During the 2024 Paris Olympics, the Foundation for a Drug-Free World empowered both young individuals and adults to make informed decisions regarding their health and well-being. Hundreds of shopkeepers around the Olympics enthusiastically contributed to this worthwhile task.“Reaching out with a million Truth About Drugs booklets was a huge challenge,” said one Non a la Drogue volunteer asw can be read at the Scientology News website. “But we were welcomed by fans at Olympic venues and people we met on the streets. Shopkeepers saw the importance of sharing these booklets with their customers and were eager to take part in our outreach. We took on the challenge and hitting that target was amazing.”“I heard so many poignant stories from people of all ages and backgrounds. Nearly everyone we spoke to suffered personally or experienced the devastating effects of drug abuse on a loved one or friend,” said another volunteer. “It was empowering to see how many people took our booklets seriously and wanted to contribute to our campaign.”The success of DFW's activities during the 2024 Paris Olympics highlights the power of education and prevention. By providing information and resources, DFW has empowered individuals to make informed decisions for healthier living, offering an opportunity for hundreds of thousands to inform others in their families and communities. Beyond the Olympics, DFW continues its mission through a growing network of volunteers and partners.The Foundation for a Drug-Free World (DFW) is an NGO supported by members of the Church of Scientology. "No one in France has ever carried out such impactful drug prevention activities within a few weeks, reaching not only locals and nationals but people from around the world," said Ivan Arjona-Pelado, EU Representative of the Church of Scientology. The Church's commitment to educating people about drugs and preventing substance abuse is rooted in its founder, L. Ron Hubbard, who strongly believed in the importance of education for an individual and their freedom and rights to live a drug-free life. Members of the Church actively contribute their time, resources, and expertise to further DFW's mission, ensuring its impact extends globally.The Scientology religion, succesfully let since decades by its ecclesiastical leader Mr. David Miscavige, was founded by author and philosopher L. Ron Hubbard. The first Church of Scientology was formed in Los Angeles in 1954 and the religion has expanded to more than 11,000 Churches, Missions and affiliated groups, with millions of members in 167 countries.
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LONDON, MAYFAIR, United Kingdom, 21st Sep 2024, Grand Newswire - Who is Who International honored Mario Diel, Chairman of IKAR Holdings, as “World Eminent Man in Sustainable Development, Education and Positive Change in the World!”" at their International Award Ceremony in Athens”In a spectacular evening celebrating excellence, Mario Diel, the visionary founder and chairman of the British multinational conglomerate IKAR Holdings, was honored with the prestigious title of "World Eminent Man in Sustainable Development, Education and Positive Change in the World!” at the 5th Annual Who is Who International Awards. Held in the heart of Greece, the glittering Charity Gala captivated global audiences, bringing together distinguished personalities from across the world to spotlight remarkable achievements and contributions.Mario Diel's leadership at IKAR Holdings, which spans 14 sectors and includes a portfolio of 40 companies, was recognized for its entrepreneurial initiatives in sustainable development and his dedication to education. The award acknowledges his transformative impact on industries including aviation, energy, technology, education , tourism, and sports where sustainability has been central to growth strategies. His commitment to shaping a more sustainable and inclusive future has earned him worldwide recognition, making him a key figure in global development.Mario Diel, stated” I feel flattered to receive this distinguished award, as it’s recognizing the enormous value entrepreneurs bringing to the society. The award touches also my dedication to education as I want to create a global ecosystem in the education sector with the aim to provide the best education to the young generation”“When I established the Who is Who International Awards, it was my main intention to award distinguished personalities like Mr. Diel, who are creating real impact and sustainable results for the betterment of human being”, said Dimitris Goris, President and Founder, Who is Who International Awards. The Who is Who International Awards, an organization renowned for fostering friendship, unity, and volunteerism, spotlights leaders making a positive impact on society. With a focus on professional, business, and social networking, the awards aim to inspire progress and create a better society by recognizing individuals who embody these values.The event, now in its fifth year, continues to draw attention to the contributions of exceptional individuals like Mario Diel, whose leadership at IKAR Holdings serves as a beacon for sustainable progress across the globe.
Miami, Florida, United States, 2nd Feb 2024, King NewsWire – In a recent significant development for LLC owners, After Tax Cash has highlighted the latest requirements set forth by the Financial Crimes Enforcement Network (FinCEN) under the Corporate Transparency Act (CTA). The FinCEN Beneficial Ownership Information (BOI) reporting requirements mandate filings for LLC owners, with penalties for non-compliance reaching up to $10,000.
The FinCEN Beneficial Ownership Rule aims to enhance transparency by requiring businesses, including LLCs, to report details about the individuals who ultimately own or control the company. This initiative is part of the CTA’s broader effort to combat money laundering, corruption, tax evasion, and other financial crimes.
After Tax Cash advises LLCs to familiarize themselves with the FinCEN LLC ownership rule and its implications, ensuring accurate and timely reporting. A Beneficial Owner is defined as an individual who directly or indirectly owns 25% or more of the company’s ownership interests or exercises substantial control over the company.
The deadlines for reporting are as follows:
LLCs created or registered before January 1, 2024, must file their initial reports by January 1, 2025.
LLCs created or registered in 2024 must file within 90 days of creation or registration.
LLCs created or registered on or after January 1, 2025, must file within 30 days of creation or registration.
After Tax Cash emphasizes that LLCs must use the BOI E-Filing System on FinCEN’s website for reporting. There is no fee for filing, and the process can be managed by a third-party professional services provider.
The implications of non-compliance with the FinCEN Beneficial Ownership Rule are severe, including civil and criminal penalties. After Tax Cash also highlights the importance of data privacy and security in the reporting process to prevent fraud.
After Tax Cash dispels common misconceptions about the rule, such as its applicability to certain types of LLCs and the assumption that it only applies to publicly traded companies. As regulations evolve, After Tax Cash stresses the importance of staying informed and prepared for future changes.
The FinCEN Beneficial Ownership Rule is reshaping the business landscape by increasing transparency and aiding in the identification and prevention of financial crimes. After Tax Cash underscores the rule’s role in enhancing U.S. national security and the financial system’s integrity.
For professional assistance and more information on navigating complex tax rules, LLCs are encouraged to consult with legal professionals or CPAs and visit After Tax Cash for guidance and resources.
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Organization: After Tax Cash
Contact Person: Johan Garcia, CPA, MST.
Website: https://aftertaxcash.com/
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City: Miami
State: Florida
Country: United States
Release Id: 0202249396
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