RVhighlights
29.2K subscribers
18.3K photos
9.49K videos
178 files
31.6K links
Download Telegram
Forwarded from 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸 C J 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
Tokenized bank deposits. On DLT.
That’s the play.

Not a headline grab. Not hype.
Just quietly rewiring the system underneath everything.

FedNow wasn’t the endgame. It was the bridge.
They’re saying it out loud now
tokenized deposits build on FedNow.
Extend it. Make it programmable. Real
time. No off switch.

They’re still calling it a “bank deposit” to keep people calm.
But once it hits the ledger, it’s not the same thing.
It moves different.
It settles instantly.
It plugs into smart contracts.
It doesn’t need a middleman to tell you it went through.

And it works across borders.

This is Ripple language. This is XDC architecture.
The whole Swift messaging setup? Feels ancient next to this.
They’re not improving the old system.
They’re quietly porting it onto rails that don’t sleep.

They say 86% of U.S. money is in bank deposits.
Now imagine all of it tokenized.
Trackable. Programmable. Borderless.

The dollar’s dominance was built on being slow, stable, and everywhere.
This new version?
Still everywhere but now it can move like lightning and obey code.

If you’re still thinking this is just about faster payments…
You’re missing the reset.

https://x.com/589bull10000/status/1926262603329704224?s=46
Forwarded from Watcher Guru
Media is too big
VIEW IN TELEGRAM
JUST IN: 🇺🇸 Treasury Secretary Bessent says the United States is "going big on digital assets."

"Passing the stablecoin bill is just the start."

@WatcherGuru
Forwarded from Dragon Games
https://www.whitehouse.gov/presidential-actions/2025/05/restoring-gold-standard-science/

Has nothing to do with returning to the gold standard financially. It’s about returning to a gold standard of science that is fact based and allows for second and third opinions on the science.
Texas Snake:

Received some relatively positive news, awaiting confirmation but
if correct we may enjoy a very positive Holiday into next week.
Forwarded from 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸 C J 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
Back in November 2024, Iraq quietly made one of the biggest financial announcements in its modern history.

All government and private sector payments—fully digital by July 1, 2025.

Iraq didn’t say the rate is changing.

They said the entire government and private sector will be fully digital by July 1st.

Let that sink in.

You can’t run a modern, digitized economy with a fake, manipulated currency.

You can’t onboard millions of unbanked citizens into a formal system while keeping a broken exchange rate.

And you sure as hell don’t set a national deadline unless the real system is already locked and loaded.

Iraq Pushes for Full Electronic Payment Transition by 2025

iina.news/iraq-pushes-fo

https://x.com/589bull10000/status/1926357079960277161?s=46
Forwarded from KymmiB®
The GENIUS Act, officially titled the “Guiding and Establishing National Innovation for U.S. Stablecoins of 2025,” focuses on the regulation of stablecoins, which are digital currencies backed by traditional currencies or commodities. It aims to establish federal safeguards to protect stablecoin holders, requiring 100% reserve backing with U.S. dollars or similarly liquid assets. The act is designed to enhance consumer confidence in the stablecoin market and outlines the framework for the issuance and exchange of these digital currencies.

https://www.congress.gov/bill/119th-congress/senate-bill/394/text/is
Forwarded from KymmiB®
Last month, the Senate Banking Committee advanced the bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act out of the Senate Banking Committee by a vote of 18-6. The legislation, which is led by Senator Bill Hagerty (R-Tenn.) and co-sponsored by Chairman Tim Scott (R-S.C.), Senator Kirsten Gillibrand (D-N.Y.), Senator Cynthia Lummis (R-Wyo.), and Senator Angela Alsobrooks (D-Md.), earned the support of every Republican on the committee and five Democrats.

Here are the facts on how the GENIUS Act protects U.S. consumers:

At its core, the GENIUS Act is a consumer protection bill:

Payment stablecoins are a product already offered in the U.S. with little regulatory oversight.
This legislation establishes a first of its kind federal framework to regulate payment stablecoins that includes, among other things, robust reserve requirements to ensure payment stablecoins are not de-pegged and transparency into the reserves backing payment stablecoins.
The GENIUS Act establishes federal safeguards that protect stablecoin holders and enhance consumer confidence in the permitted payment stablecoin market, including requiring:

100% reserve backing with U.S. dollars and short-term Treasuries, or similarly liquid assets as determined by the primary regulator.
Monthly public disclosure of reserve composition.
Annual audited financial statements for issuers with more than $50 billion in market capitalization.
The GENIUS Act establishes strict marketing standards for payment stablecoins:

Prohibits any representation that payment stablecoins are backed by the full faith and credit of the U.S., guaranteed by the U.S. government, or covered by FDIC insurance, making it unlawful to mislead consumers about government backing or the insurance status of payment stablecoins.
Ensures that a payment stablecoin cannot be marketed in a way that a reasonable person would perceive the stablecoin to be legal tender, issued by the U.S., or guaranteed or approved by the U.S. government.
Makes it illegal to market a digital asset as a payment stablecoin unless the digital asset is compliant with the provisions of the GENIUS Act.
The GENIUS Act prevents destabilizing runs through a tailored regulatory framework that includes:

Diversification requirements for reserve assets.
Interest rate risk management standards.
Capital, liquidity, and risk management requirements.
Prohibiting riskier reserve assets like corporate debt or equities.
The GENIUS Act ensures state regulators have stablecoin frameworks that are “substantially similar” to the federal framework.

Larger state-regulated issuers must either be overseen by a primary federal payment stablecoin regulator in addition to their state regulator, seek a waiver to be exempt from federal oversight, or halt new issuance once they surpass the $10 billion threshold.
In insolvency proceedings, the GENIUS Act:

Prioritizes claims of holders of permitted payment stablecoins over all other creditors in the event a payment stablecoin issuer goes bankrupt.
Mandates expedited court review and distribution of reserves to stablecoin holders.

https://www.banking.senate.gov/newsroom/majority/fact-sheet-the-genius-act-protects-consumers
"A new bill passed in Kentucky, called “An Act Relating to Blockchain Digital Assets” (the “Act”), provides an enhanced statutory framework for blockchain technology and its use. The Act was signed by Governor Andy Beshear on March 24, 2025, and has an effective date of June 27, 2025. It will be codified within Chapter 369 and KRS 286.11-007 of the Kentucky Revised Statutes.

The Act’s reach touches upon Kentucky’s Uniform Electronic Transactions Act, Kentucky’s Consumer Protection Act, and its money transmission laws, as well as all individuals electing to accept digital assets as payment for services."

https://frostbrowntodd.com/kentucky-updates-to-blockchain-and-digital-asset-laws/#:~:text=A%20new%20bill%20passed%20in,date%20of%20June%2027%2C%202025.
Forwarded from Sputnik Africa
Please open Telegram to view this post
VIEW IN TELEGRAM
Forwarded from Sputnik Africa
BRICS Membership Could Be 'Turning Point' for Ghana: MP

Joining BRICS is one of the main goals for the Republic of Ghana, Chairman of the Energy Committee of the Parliament of Ghana Emmanuel Bedzrah told Sputnik.

AI-generated image

Subscribe to @sputnik_africa

🔸
Sputnik Africa | X 🔸
Forwarded from Sputnik Africa
Nigeria's Ruling Party Endorses President Tinubu for Second & Final Term in 2027 Election

At a summit in Abuja, the All Progressives Congress party announced its support for Bola Tinubu to continue implementing reforms that have revitalized the economy, such as removing petrol subsidies and liberalizing the exchange rate.

👏 These reforms have received praise from credit agencies, investors, and the International Monetary Fund.

The summit also marked the second anniversary of Tinubu's presidency, with ministers highlighting their achievements since taking office.

Subscribe to @sputnik_africa

🔸
Sputnik Africa | X 🔸
Forwarded from Watcher Guru
JUST IN: 🇺🇸🇮🇳 US and India new trade deal could be announced within 7-10 days.

@WatcherGuru
Forwarded from Goldilocks QFS Dialogues