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originally posted by: Thoughtful2
a reply to: CrazyFox
Well this is a relief.
Covid Jabs Rollout for Fall Approved
A new type of market infrastructure in the form of a unified electronic ledger could enhance the global financial system, argues a Tuesday report by the Bank for International Settlements (BIS).
This ledger, proposed by the umbrella group for central banks as part of its annual economic report, could combine central bank digital currencies (CBDCs) along with tokenized money and assets on one platform, with the help of automated smart contracts that power transactions on blockchains including Ethereum.
Bringing together central bank money, commercial money, and different assets on the same platform, all tokenized and interacting, opens up a whole new range of possibilities,” said BIS Economic Adviser and Head of Research Hyun Song Shin in a press release.
The Bank for International Settlements laid out a vision today (June 20) of a “unified ledger” to sit at the heart of the monetary system, offering the potential for “profound” change to the economy. The idea would unite public and private money on a single ledger, overseen by the central bank. Tokenising bank deposits and central bank money, as well as other assets, could allow “seamless integration” and programmability on one platform.
CBDCs have the potential to promote financial inclusion and make remittances cheaper, she said, noting that the average cost of money transfers stands at 6.3%, amounting to $44 billion annually.
Tokenization, a technique through which real-world assets are transformed into blockchain-based tokens, could unlock a mammoth market potential of around $5 trillion within the next half-decade, according to a new report by Bernstein.
The report, released on Tuesday, emphasized that this explosive growth could be spearheaded by stablecoins, central bank digital currencies (CBDCs), securities, private market funds, and real estate.
Delving into the specifics of currency tokenization, Bernstein’s research indicates that stablecoins and central bank digital currencies could be leveraged for on-chain deposits and payments.
Over the next five years, we expect a swell in the stablecoins and CBDC tokens in circulation, led by China’s CBDC program,” wrote analysts led by Gautam Chhugani.
Mastercard, a leading player in the payment processing industry, has recently filed a trademark application to protect its new tools related to cryptocurrencies and blockchain technology.
This move signifies Mastercard's growing involvement in the digital asset space and demonstrates the acceptance and support of traditional financial institutions towards these emerging technologies.
The purpose behind Mastercard's trademark application is to streamline the use of cryptocurrencies and blockchain technology. Through the development of software, Mastercard aims to enhance transactions involving digital money, facilitating smoother interactions between various virtual asset service providers (VASPs) and enabling seamless crypto transactions.
Speaking at a conference earlier this week, Deutsche Bank’s global head of corporate bank David Lynne said that the bank is “building out our digital assets and custody business,” and confirmed that it had put in an application to BaFin for a digital asset license.
The German bank has reportedly been working on a crypto asset custody platform since late 2020, with a view to establishing a “minimum viable product in 2021 while exploring global client interest for a pilot initiative.”
EDX Markets, a crypto exchange aimed at institutional investors, launched Tuesday after a litany of finance behemoths announced its creation back in September 2022.
As Blockworks previously reported, the exchange’s major backers include Citadel Securities, Fidelity Digital Assets, Virtu Financial, Charles Schwab, Sequoia and Paradigm. Discussion between Citadel and Virtu around creating a crypto trading platform dates back to at least June of last year.
Observers had a hard time divorcing EDX’s launch from the recent slew of “regulated” crypto entrants such as Prometheum, Deutsche Bank’s attempt to become a crypto custodian, and Blackrock with its interest in a spot bitcoin ETF.
The Chinese city of Quingdao will pilot an electricity- and network-free digital yuan public transport payments solution, marking another national first for the central bank digital currency (CBDC).
The news comes as another city in the pilot zone announced it will give away some $140,000 of CBDC discount tokens.
The pilot will allow digital yuan-paying customers to pay transport fees using their mobile devices, even if their phones are powered down or have no network coverage.
The pilot makes use of near-field communication (NFC) technology.
NFC hardware is a feature of most modern smartphones.
The European Commission is back on track to publish legislation on a digital euro on June 28, after the controversial topic was previously removed from the executive’s agenda, the bloc’s lead financial services official said on Tuesday.
The technical specification for the European Union’s digital ID system will become available by the end of the month, according to a senior official.
The disclosure came by way of Digital Assembly 2023, a conference held in Stockholm last week. Hosted by the Swedish Presidency of the Council of the European Union and the European Commission, the event billed itself as a symposium dedicated to “the theme of a digital, open and secure Europe.”
During a digital wallet session on Friday, Robert Viola, the Director General of the European Commission’s Digital Economy Directorate, offered some information about the forthcoming European Digital Identity (EUID) wallet, including the expected publication of its technical specification “in two weeks”. He characterized the specification as one that is “very flexible” and that takes “a user-based approach”.
By the end of this summer, California could introduce its digital ID to a limited number of residents who will be able to use them in airports and convenience stores to prove age and identity.
California Gov. Gavin Newsom promised in his January state budget presentation a “next level” digital identification system allowing residents to access their drivers’ licenses on their smartphones. “We're going to do it like no other state has done it,” he said at the time.
Up to 170,000 California residents are set to take part in a pilot of a digital driving licence that they will be able to use to prove their age when making purchases at convenience stores in the US state from late summer 2023.
State of California Department of Motor Vehicles logo
The digital ID will be stored on a resident’s smartphone and will be issued by the California Department of Motor Vehicles.
“Initially, the digital ID will be available for use at some airports,” GCN reports. “It also will be accepted in convenience stores to allow people to verify their age when buying certain products, with more use cases to follow, including online ones.”
President Biden attended a fundraiser Monday hosted by a tech billionaire recently discovered to have traveled to convicted pedophile Jeffrey Epstein's private island in 2014.
LinkedIn co-founder Reid Hoffman hosted Monday's fundraiser on behalf of Biden's re-election campaign and in support of the Biden Victory Fund at the private residence of Shannon Hunt-Scott and Kevin Scott in Los Gatos, California.
According to a May report from The Wall Street Journal, Hoffman visited the Caribbean island called Little St. James, part of the U.S. Virgin Islands, on at least one occasion.
Hoffman, 55, paid a single visit to Epstein’s Caribbean island Little St. James — also known as “pedophile island,” where Epstein and gal pal Ghislaine Maxwell allegedly abused underage girls, The Wall Street Journal reported.
Hoffman and Ito were planning to revisit Epstein Island in November 2014, the documents revealed. Following the trip, Hoffman and Ito were scheduled to travel with Epstein from Palm Beach to his tropical residence, and then from the island to Boston.
Q !UW.yye1fxo ID: 237dde No.324395 📁
Feb 10 2018 03:33:29 (EST)
“Rest in peace Mr. President (JFK), through your wisdom and strength, since your tragic death, Patriots have planned, installed, and by the grace of God, activated, the beam of LIGHT. We will forever remember your sacrifice. May you look down from above and continue to guide us as we ring the bell of FREEDOM and destroy those who wish to sacrifice our children, our way of life, and our world. We, the PEOPLE.”
Prayer said every single day in the OO.
JFK - Secret Socities.
Where we go one, we go all.
Q
Former Goldman Sachs executive Raoul Pal has a theory about the entities that could have created Bitcoin (BTC).
In a new interview with YouTuber Tom Bilyeu, the Real Vision CEO says he thinks Satoshi, the anonymous inventor of Bitcoin, might be the US and the UK governments.
Pal says he believes BTC’s pseudonymous founder was actually just groups of government employees in the US National Security Agency (NSA) and the UK’s Government Communications Headquarters (GCHQ) who were tasked with experimenting with possible solutions to game out future threats to the West’s international monetary dominance.
According to Pal, Bitcoin’s release at the height of the 2008 financial crisis as well as its halving cycles give credence to the theory.
“I don’t think it’s a coincidence it came out in the (2008) financial crisis. I don’t think it’s a coincidence that the halving cycle and all of this [are] related. It is the solution, always has been the solution. You just can’t go there tomorrow.”
Additionally, the announcement of the BlackRock Bitcoin ETF has caught the attention of investors, signaling a significant step toward the mainstream adoption of Bitcoin. It is expected to be listed on NASDAQ.
Q !!Hs1Jq13jV6 ID: 1656e4 No.8976284 📁
Apr 30 2020 15:50:58 (EST)
www.washingtonexaminer.com...📁
Why are they pushing back the [D] convention?
COVID-19 concern or strategic for last minute change?
Change of Batter coming?
Why was she 'saved' from officially announcing?
Why was she 'reserved' for a last minute change?
How do you attempt to 'sneak one in'?
How do you attempt to ensure victory?
Adopt National Vote-by-Mail?
How do you convince American it was legitimate?
Release fake polls indicating favorable leads in swing states?
How do you harm opponents accomplishments re: economy, unemployment, ……………….?
How do you terminate opponents highly effective rallies?
How do you shelter [D] lead candidate from embarrassing debates and/or rallies?
How do you shelter [D] corruption re: FISA-RUSSIA-FLYNN-etc. from reaching the mainstream?
How do you extend the trade negotiation deadline w/ CHINA?
How do you limit [test] Constitutional rights of people?
How do you provide cover for State Govs to adopt new voter laws?
How do you effectively control the population?
How do you expand big tech overreach re: tracing / privacy issues?
How do you fix [taxpayer bailout?] the long-broken economies of CA & NY?
How do you enrich select people/co's by promoting a solution to a global crisis?
How do you keep people living in fear and isolation in order to accept the above?
Define 'insurgency'.
How do you accomplish all of the above?
Q
batty
1) noun: meaning arse(rarely used in complementary fashion)
2)~man, ~boy: a gay / homosexual man
see also chi chi, booty,
Origin: Jamaican slang
1) "I SEE THEM THERE GETTING A SWIFT KICK UP THE BATTY CREASE!"
2) "Rude bwoy no promote no batty man"
"Gun shot fe batty boy"