Mr. Man Profile picture
An intriguing connection with the way colours speak and vibe with me. I’m a free spirit, truth guides me.
Oct 30, 2023 8 tweets 5 min read
🚨🚨READ THE FULL THREAD🚨🚨

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Project Nexus: A BIS Initiative for Crossborder payments.
“More than 60 countries already have instant (or "fast") payment systems that allow people to send money to each other within seconds. However, sending money abroad is often still slow and expensive. Connecting these domestic payment systems internationally could improve the speed, cost and transparency of cross-border payments.”

bis.org/about/bisih/to…Image 2/
Project Nexus offers proxy services, meaning you can register your phone number and that connects to your account.
There is no app for Nexus.
Majority of payments will either succeed/fail in 60 seconds
Jan 20, 2023 4 tweets 3 min read
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*READ THE ENTIRE THEAD.

Michael Hsu - Acting Comptroller of the Currency. 2/4
One way to mitigate risks.
Stablecoin issuance must be conducted in a standalone chartered entity, separate from other insured depository institutions and other regulatory affiliates.

wyobiz.wyo.gov/Business/Filin… twitter.com/i/web/status/1…