Crypto Revolution - Gold and Crypto
Successful Use Of Central Bank Digital Currencies Can Only Happen With Global Cooperation And Coordination... XRP? "It is critical for legislators, central bankers, and financial regulators to coordinate globally the implementation of Central Banking Digital Currencies (CBDC) in order to promote cheaper, faster, inclusive, and more transparent cross-border payment services. Many central banks are comparing and contrasting the advantages and disadvantages of several CBDC designs; however, their focus has been primarily on domestic use. The success of CBDCs could be very beneficial in providing support for economic growth, financial inclusion, internal development and global trade."
China and the digital yuan... People that think the digital yuan is "nothing"... let me remind you that China set up a joint venture with SWIFT in February and is working closely with Alipay. Alipay has 1.3 billion annual active users...Should I go on?
Vietnam Becomes Latest Country to Turn to Crypto... According to a July 4 report by The Phnom Penh Post, Vietnamese Prime Minister Pham Minh Chinh asked the country’s central bank to pilot a blockchain-based cryptocurrency over the next two years.
The dominoes continue to fall, Ohio removes sales tax on gold and silver bullion... Gold and silver have taken another step forward to regain their former luster as monetary metals after Ohio became the 41st state to remove sales tax from bullion purchases.
Telegram: TheAuthority 495: Destroying the government with digital gold.... Today’s most intriguing delta for me. Judy Shelton wants to “Bring Gold Back To The Dollar, But In A Crypto Currency Type Of Way” Digital Gold shall destroy the FED.
Coinbase Takes a Preliminary Step to List Security Tokens... U.S. cryptocurrency exchange Coinbase has received regulatory approval to acquire several securities firms – a move that could eventually see it supporting trading in tokens deemed as securities.
Could Dogecoin become the currency of Mars?... Could Dogecoin become the currency for Mars? Palantir CEO Joe Lonsdale recently said it’s possible.
EU to crack down on cryptocurrencies... The European Union will propose a new agency to crack down on money laundering and new transparency rules for transfers of crypto-assets, EU documents showed on Wednesday as the bloc responds to calls for tougher action to fight dirty money
Sen. Warren warns of cryptocurrency risks, presses SEC on oversight authority... U.S. Senator Elizabeth Warren on Thursday warned of the growing risks posed to consumers and financial markets by the "highly opaque and volatile" cryptocurrency market and blasted its lack of regulation as unsustainable.
Telegram: DigitalNukes 3536: Sweden will go to digital currency soon.... Sweden will become the first completely cashless country.
Telegram: RT 7936: Numerous digital currency companies are seizing wallets.... "$7.7MN crypto inc. Bitcoin, Doge & Ethereum seized from Hamas-linked wallets by Israel
Israel has moved to seize $7.7mn of funds in crypto wallets that it says are controlled by Hamas, who are evolving its resources to not depend on Bitcoin according to one security group.
▪️$4.1mn in stablecoin Tether (pegged to USD)
▪️$3.4mn in Bitcoin
▪️$51k Ethereum, $40k in Doge
Defense Minister Benny Gantz gave the go-ahead for the seizure order on 30 June, convinced the funds were linked to the group, or to “perpetrate a severe terror crime.”
The assets are spread across 84 holdings, with some part of larger addresses that may not be directed to terrorist activities."
Binance Now Blocked in China... On July 8, many Binance users found out that the website had been banned in China.
Telegram: Whiplash347 22030: What QFS really does?... Genuine Chart on Quantum Financial System.