Blockchain Firm Denies 'Conflict of Interest' for Advisor Yanis Varoufakis
Blockchain technology firm Tembusu Systems has hit back at claims Greek finance minister Yanis Varoufakis' role as its advisor represents a "conflict of interest" for the politician. On Monday Greece's weekly paper Proto Thema produced emails from a company representative claiming Professor Varoufakis was still "affiliated to Tembusu in an advisory role" as recently as March 2015. This role "raises legitimate questions about a conflict of interest in Varoufakis' support of an extreme albeit innovative method for financial transactions," the paper said. In a statement posted online, Tembusu....
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Normally, this would not be even close newsworthy these days. A three-way conversation, a dual interview, conducted on ABC National's "Late Night" radio program by host Phillip Adams with Andreas Antonopoulos. With the audio clip posted on Yanis Varoufakis' blog back in March of 2014, the program itself seems to have taken place late in 2013. The bitcoin price was constantly referred to as $1000 USD per Bitcoin, which hasn't been the case since late 2013. Only an awful lot has changed since the time of this debate/interview, which makes this seemingly old news extremely relevant as 2015....
With the details of the deal struck by Greece still hidden from the public, former Greek Finance Minister Yanis Varoufakis spills the beans on what really happened behind closed doors, and how Greece was never supposed to get above water again. A week after he resigned as Greece’s Finance Minister, Yanis Varoufakis had very little to say that is positive about the ordeal in an hour-long interview with The New Statesman. He spent five months working on a deal with the ECB, the European Commission and the IMF, otherwise known as “The Troika.” Like fighting a three-headed monster with a dull....
Earlier in July, Bitcoin Magazine reported that former Greek finance minister Yanis Varoufakis, who resigned after the Greek referendum on July 5, expressed his disappointment with the outcome of the Greek crisis. Now Kathimerini, a New York Times-branded daily newspaper published in Athens and distributed with the International New York Times in Greece and Cyprus, revealsthat Varoufakis was authorized by Greece's Prime Minister Alexis Tsipras last December to look into a parallel payment system that could eventually work as a parallel banking system. Before becoming Finance Minister,....
In the wake of the voting yesterday, Greek Finance Minister Yanis Varoufakis realized that he would not be able to stay on as finance minister. He explains it as such on his blog, saying: Soon after the announcement of the referendum results, I was made aware of a certain preference by some Eurogroup participants, and assorted 'partners', for my... 'absence' from its meetings; an idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement. For this reason, I am leaving the Ministry of Finance today. Kostas Koutsaftikis / Shutterstock.com. This could be an....
According to former Greek Finance Minister Yanis Varoufakis, prior to making a deal with European creditors, he was authorized to find an alternative way to keep the country's financial health in good standing. He assembled a team, and together they hacked into his own Ministry and got the taxpayer database along with other sensitive information. They intended to create Euro liquidity for Greece one way or another. Varoufakis admitted as much recently in London, according to the Telegraph. He also told them: The context of all this is that they want to present me as a rogue finance....