Ok as always said Many banks that are not ISO20022 & BASEL 4 Compliant will collapse. The ones that stay will transfer to the new Quantum Financial System which again connects to Elon Musk's Quantum Starlink Internet. XRP will be bought back via
Polysign.io✅️. The people will use Stellar XLM. Trade Finance is XDC. Algorand & Iota come later. There will be swap over of Rothschild's Central Bank Notes to Treasury Notes which also connect to the Stellar Blockchain & Elon Musk's Starlink Internet.
Look up the XX Maps if you want to know what Banks stay. These maps come from the Department of Homeland Security. Would expect any Crown/Commonwealth banks to get name changes. Anything Royal either goodbye, bought over, named changed etc.
We are continuing to see a lot of de dollarization take place. This is leaving a vacuum that has to be fulfilled in propping up other currencies around the world especially in the East.
Many of these countries are already
beginning to prop up their National Currencies with gold.
The trigger for gold is about to be set and pulled. It looks like we are going to see a slingshot move to the upside. In order for a rock to sling forward on a slingshot, it has E
to be pulled back creating tension on the sling causing the rock to propel forward very fast.
At the same time, this will cause a reaction in the markets as assets will look to find support. There will be an attempt for the dollar to do what it can no longer do, and this
China expands the use of the digital yuan in the education sector
China has shown progress in the use of its cryptocurrency by extending it to financial transactions in the education sector - tuition fees and meals at education centres
A pilot programme to promote such actions is being implemented in the eastern province of Jiangsu and covers all levels of education, from pre-schools to universities
The government is encouraging the public to choose the e-CNY, when paying for all educational services and aims to expand the range of scenarios in which it can be introduced. In fact, a city in Jiangsu has become the first in the PRC to announce the payment of salaries
EU finance ministers approve MiCA crypto regulation
The European Union's Economic and Financial Affairs Council, which includes finance ministers of all member states, gave the green light to the highly-anticipated Markets in Crypto-Assets (MiCA) regulation after
a vote on May 16.
Along with the adoption of MiCA, the European Parliament passed two other pieces of legislation, including regulation on information accompanying transfers of funds and certain crypto assets.
The legislation sets clear regulatory guidelines and requirements for using cryptocurrencies and related services and activities across the EU. The legislation covers a range of cryptocurrencies, digital assets, utility tokens and stablecoins.
Stablecoin issuer Circle Internet Financial is rebalancing the reserves backing the $30 billion USD Coin (USDC) as it braces for the risk of a U.S. government debt default.The Circle Reserve Fund, managed by global investment management giant BlackRock, added $8.7 billion in
overnight repurchase (repo) agreements to the portfolio as of May 16, according to the fund’s website. The so-called tri-party repo agreements involve banking giants such as BNP Paribas, Goldman Sachs, Barclays and Royal Bank of Canada.Overnight repo
transactions are effectively short-term collateralized loans. The borrower is selling a security – in this case, U.S. Treasurys – for cash, and agrees to buy back the collateral the next day for a slightly higher price. What’s really happening, though, is that big
Btw this "grain deal delegation" met in Istanbul on May 5, but this article says it happened "last week" (not 12 days ago) so it's just more proof the media is purposely delaying the news to line up with certain events... exactly like what I've been saying earlier. The
whole world is in on it, please stop fudding over the media 😨😁
Russia agrees to renew Ukraine Black Sea grain deal for 60 days
Russia has agreed to extend a deal that has allowed Ukraine to ship grain through the Black Sea to parts of the world struggling with hunger, a boost to global food security after the more-than-year-old war drove up prices.
"As for Macron, Biden, Zelenski, Scholz...these people are from the past. They will not be in the beautiful new world because they have done everything to turn this world into a war and to convert Ukraine in a testing ground.
They will not be forgiven by their own citizens. And you will see that their political age will not last long, you and I will witness them being escorted to retirement with applause, and then to an international criminal court.
Macron would have lost the
election to Marine Le Pen if it were held today, so his comments related to China, Russia are an attempt to deflect the attention of French citizens from the problems of this country.
What is about Biden? He's just a sick man. As for Scholz, he has