Forwarded from American Patriot 🇺🇸🇺🇸🇺🇸
Gold-backed digital financial assets (DFAs) 👉
China to Launch First National ‘Digital Asset’ Marketplace
https://www.coindesk.com/web3/2022/12/28/china-to-launch-first-national-digital-asset-marketplace/
https://www.coindesk.com/web3/2022/12/28/china-to-launch-first-national-digital-asset-marketplace/
CoinDesk
China to Launch First National ‘Digital Asset’ Marketplace
While trading digital collectibles has been popular among Chinese collectors through heavily regulated marketplaces, this is the country’s first official foray into NFTs.
Update sets out the adoption status of Basel III standards in member jurisdictions as of end-September 2022.
Update shows further progress since previous report in October 2021 in implementing both standards with past due dates and outstanding standards with 1 January 2023 due date.
Committee will continue to closely monitor the implementation of Basel III reforms.
https://www.bis.org/press/p221004.htm
Update shows further progress since previous report in October 2021 in implementing both standards with past due dates and outstanding standards with 1 January 2023 due date.
Committee will continue to closely monitor the implementation of Basel III reforms.
https://www.bis.org/press/p221004.htm
Forwarded from RICH O (Maranatha)
Member: Is the 80 trillion dinar in circulation a problem?? MZ: Not really…They have been busy buying much of the dinar out of circulation…left and right. Dr. Shabibi did the math some time ago when even more dinar was in circulation and he justified a really high revaluation price…. So based on what the man who designed the Iraqi RV…It is not an issue.
Read More https://dinardetectives.com/markz-thursday-morning-chat-12/
Read More https://dinardetectives.com/markz-thursday-morning-chat-12/
Forwarded from Breakfast with Tiffany
SITUATION UPDATE 12/28/22
https://rumble.com/v22toei-situation-update-122822.html
https://rumble.com/v22toei-situation-update-122822.html
Rumble
SITUATION UPDATE 12/28/22
BIDEN REGIME PUT US IN DIRECT WAR W/RUSSIA, TWITTER FILES COVID CENSORSHIP, WINTER WEATHER CHAOS, ROLLING BLACKOUTS, ECONOMY CRASHING, PROOF VAX A BIOWEAPON, SUP CT PREVENTS LIFTING OF TITLE 42, SWITZ
Forwarded from Oracle Films
Bank of England receives 20 applications to develop CBDC wallet prototype
Twenty companies have submitted applications to create a digital wallet for the Bank of England’s CBDC project.
The bank underlined its desire to pursue a central bank digital currency by putting a contract for a sample wallet out to tender only three weeks ago, setting a deadline to complete applications by December 23.
The completed applications are made up of nine SMEs and 11 ‘large’ companies.
According to its website the bank wants to to develop a mobile wallet app, merchant website and a back-end server for the core ledger.
It is understood the contract is "purely to establish a prototype for user experience testing."
Sources:
Application
Article
Twenty companies have submitted applications to create a digital wallet for the Bank of England’s CBDC project.
The bank underlined its desire to pursue a central bank digital currency by putting a contract for a sample wallet out to tender only three weeks ago, setting a deadline to complete applications by December 23.
The completed applications are made up of nine SMEs and 11 ‘large’ companies.
According to its website the bank wants to to develop a mobile wallet app, merchant website and a back-end server for the core ledger.
It is understood the contract is "purely to establish a prototype for user experience testing."
Sources:
Application
Article
Forwarded from Digital Assets News
Nellie Liang, the U.S. Treasury Department’s undersecretary for domestic finance, says that the need for a digital dollar doesn’t currently exist and that the U.S. might adopt a CBDC several years from now, if a lot of other countries do so first.
https://www.treasuryandrisk.com/2022/12/22/digital-dollar-is-a-long-way-from-reality/
https://www.treasuryandrisk.com/2022/12/22/digital-dollar-is-a-long-way-from-reality/
Forwarded from Digital Assets News
I think @BMW management is not wise to XRP! Or are they 🤔, and waiting for clarity like the rest of us?
https://watcher.guru/news/bmw-to-employ-binance-chain-for-blockchain-loyalty-program
https://watcher.guru/news/bmw-to-employ-binance-chain-for-blockchain-loyalty-program
Forwarded from Southern Boy ♥️
Direct from CBI:
December 29, 2022
The deposit mechanism for the purpose of subscribing to the window
To implement the objectives of the monetary policy of this bank during the next stage, it was decided to allow banks wishing to participate in the foreign currency buying and selling window to purchase any amounts in foreign currency and deposit them with this bank in accounts used for external transfer purposes only and pay interest /returns on those balances according to the mechanism described below:
1. The annual interest rate of 5% (five percent) is calculated after the end of each month on the basis of the lowest daily balance achieved for the bank during the days of the month in the account allocated for external transfer purposes (transfers that will be carried out through the window of buying and selling foreign currency).
2. Cancellation of the mechanism of strengthening the accounts of banks abroad by classification.
3. Cancellation of Paragraph (D/3 / II) of the controls on the sale and purchase of foreign currency for the year 2021, according to which banks had previously been directed to deposit five working days before the date of execution of the external transfer.
4. The bank's transfer request is executed within two working days from the date of submitting the transfer request
5. The available balance in the account allocated for external transfer purposes is assessed in dollars according to the exchange rate of 1460 dinars.
6. The response rate to external transfer requests submitted by the bank shall be 75% (seventy-five percent) or as determined by this Bank of the daily balance available in the account allocated for external transfer purposes.
7. The above mechanism does not include documentary credits executed through the (dinar - dollar) window, because it is executed at 100% (one hundred percent) to encourage banks to finance foreign trade through documentary credits at a competitive exchange rate of (1465) dinars to the dollar, as this bank sells dollars to banks at (1455) dinars to the dollar instead of (1460) dinars to the dollar, provided that the documentary credit is executed within two working days from the date of submitting the bank's application.
8. The following formula is adopted for Islamic banks:
A-the interest rate is calculated at the end of the month based on the number of days that the bank deposited during the relevant month based on the lowest balance achieved during the month in the account allocated for foreign transfers and then subject to the specified interest rate of 5% (five percent).
B-this bank, as an agent of the Islamic Bank, determines the lowest balance deposited by the bank in the account allocated for external transfer purposes during the days of the month in which the return is to be calculated, and uses the balance to purchase a globally tradable commodity (such as aluminum, palm oil, etc.) for the bank through one of the platforms of the International Stock Exchange, and then the bank buys it at a price higher than the purchase price with a difference representing the percentage of the specified return.
9. When the bank wishes to withdraw from the account allocated for the purposes of executing foreign transfers, the amount to be withdrawn is transferred to the bank's current account in the currency of the Iraqi dinar.
This decision will be implemented in the light of the above as of 2023/1/2.
December 29, 2022
The deposit mechanism for the purpose of subscribing to the window
To implement the objectives of the monetary policy of this bank during the next stage, it was decided to allow banks wishing to participate in the foreign currency buying and selling window to purchase any amounts in foreign currency and deposit them with this bank in accounts used for external transfer purposes only and pay interest /returns on those balances according to the mechanism described below:
1. The annual interest rate of 5% (five percent) is calculated after the end of each month on the basis of the lowest daily balance achieved for the bank during the days of the month in the account allocated for external transfer purposes (transfers that will be carried out through the window of buying and selling foreign currency).
2. Cancellation of the mechanism of strengthening the accounts of banks abroad by classification.
3. Cancellation of Paragraph (D/3 / II) of the controls on the sale and purchase of foreign currency for the year 2021, according to which banks had previously been directed to deposit five working days before the date of execution of the external transfer.
4. The bank's transfer request is executed within two working days from the date of submitting the transfer request
5. The available balance in the account allocated for external transfer purposes is assessed in dollars according to the exchange rate of 1460 dinars.
6. The response rate to external transfer requests submitted by the bank shall be 75% (seventy-five percent) or as determined by this Bank of the daily balance available in the account allocated for external transfer purposes.
7. The above mechanism does not include documentary credits executed through the (dinar - dollar) window, because it is executed at 100% (one hundred percent) to encourage banks to finance foreign trade through documentary credits at a competitive exchange rate of (1465) dinars to the dollar, as this bank sells dollars to banks at (1455) dinars to the dollar instead of (1460) dinars to the dollar, provided that the documentary credit is executed within two working days from the date of submitting the bank's application.
8. The following formula is adopted for Islamic banks:
A-the interest rate is calculated at the end of the month based on the number of days that the bank deposited during the relevant month based on the lowest balance achieved during the month in the account allocated for foreign transfers and then subject to the specified interest rate of 5% (five percent).
B-this bank, as an agent of the Islamic Bank, determines the lowest balance deposited by the bank in the account allocated for external transfer purposes during the days of the month in which the return is to be calculated, and uses the balance to purchase a globally tradable commodity (such as aluminum, palm oil, etc.) for the bank through one of the platforms of the International Stock Exchange, and then the bank buys it at a price higher than the purchase price with a difference representing the percentage of the specified return.
9. When the bank wishes to withdraw from the account allocated for the purposes of executing foreign transfers, the amount to be withdrawn is transferred to the bank's current account in the currency of the Iraqi dinar.
This decision will be implemented in the light of the above as of 2023/1/2.
Forwarded from Carpathia 🇺🇸🇭🇺
Here are some interesting points from the MarkZ Dinar Recap notes today: i PUT these **** marks in front of the more interesting points *******Member: (From Dinar Guru) Mnt Goat We are told in an article...that the budget will be in parliament ready for review and vote in two weeks. ...That pushes it to early January 2023 to begin the voting process. ...So, sit back and hang on. The news is about to get really good….
MZ: I agree that news is about to get very good. I don’t think it matters about the budget though
***********MZ: I am still hearing that big groups are finalizing the paperwork for the UST by late Thursday/Friday….They are trying to get it finished. I am still hearing great thing s that this will be our last few days….and our last “poor weekend” None of us know for certain but the chatter is exceptionally good…..
Member: Any redemption center news?
*****************Member: Did you hear Holly’s statement that all CMKX, PP’s and F&P’s will not get notice of payments? That everyone including tier 4b will be announced together????
***************MZ: What I am being told is it will all happen within hours ……it will all happen very close together.
*********Member: Just heard another bank story on Melanie pod cast from wolverines. It was nice. To hear more banks admitting about QFS.
Member: I hear we are getting so close to gold backed currency/USN’s
*********Member: I hear that Banks are going to Basal 4 Gold Backed Currency on Jan 1st? (THIS IS WHAT I THINK WILL BE THE KICK OFF FOR US ) *********
Member: Brics is gold backed, won't accept fiat dollars anymore for anything! once everyone goes with brics, the cb are toast
Member: Does the RV of dinar the same as NESARA? Do they go hand in hand?
Member: RV means REValuation-of currencies…….Nesara/Gesara is a change of laws, taxes, Governments, Financial system and much more……there are lists available….Check Recaps or google it.
Member: For those of you that do not have foreign currency, your blessing will come after nesara kicks in fully
MZ: I agree that news is about to get very good. I don’t think it matters about the budget though
***********MZ: I am still hearing that big groups are finalizing the paperwork for the UST by late Thursday/Friday….They are trying to get it finished. I am still hearing great thing s that this will be our last few days….and our last “poor weekend” None of us know for certain but the chatter is exceptionally good…..
Member: Any redemption center news?
*****************Member: Did you hear Holly’s statement that all CMKX, PP’s and F&P’s will not get notice of payments? That everyone including tier 4b will be announced together????
***************MZ: What I am being told is it will all happen within hours ……it will all happen very close together.
*********Member: Just heard another bank story on Melanie pod cast from wolverines. It was nice. To hear more banks admitting about QFS.
Member: I hear we are getting so close to gold backed currency/USN’s
*********Member: I hear that Banks are going to Basal 4 Gold Backed Currency on Jan 1st? (THIS IS WHAT I THINK WILL BE THE KICK OFF FOR US ) *********
Member: Brics is gold backed, won't accept fiat dollars anymore for anything! once everyone goes with brics, the cb are toast
Member: Does the RV of dinar the same as NESARA? Do they go hand in hand?
Member: RV means REValuation-of currencies…….Nesara/Gesara is a change of laws, taxes, Governments, Financial system and much more……there are lists available….Check Recaps or google it.
Member: For those of you that do not have foreign currency, your blessing will come after nesara kicks in fully
Forwarded from D & Frenz ✝️ (C)
Forwarded from D.S.M.P. NEXUS (Dylan Louis Monroe)
Just a warning to everyone invested in crypto, this is what you see when an exchange goes bankrupt! This would obviously be pretty upsetting if you had a lot of money on the exchange! Thankfully I withdrew all my funds from Blockfi a long time ago, i was just logging in to see if i could delete my whole account! BlockFi has gone bankrupt in the aftermath of the FTX implosion.
Forwarded from Breakfast with Tiffany
👆Or the inventor pulls all the money/XLM out of the token making it worthless