105 Countries are Exploring CBDCs and 11 Have Already Launched Them

105 Countries are Exploring CBDCs and 11 Have Already Launched Them

By RHODA WILSON

At an International Monetary Fund (“IMF”) seminar last month, IMF’s Deputy Managing Director and former deputy governor of the People’s Bank of China, Bo Li, spoke about the “programmability” of central bank digital currencies (“CBDCs”):

“CBDC can improve financial inclusion [ ] through what we call programmability. That is CBDC can allow government agencies and private sector players to program, to create smart contract, to allow targeted policy functions. For example, welfare payment, for example, consumption coupon, for example, food stamp.  By programming CBDC, those money can be precisely targeted for what kind of people can own and what kind of use this money can be utilised, for example, for food.”

IMF: Central Bank Digital Currencies for Financial Inclusion: Risks and Rewards, 14 October 2022

GingerJim tweeted an interview from a couple of years ago with someone who explained the impact a pilot program being tested in Shenzhen, China, had on people’s daily lives.

In the video below, Russell Brand also issued warnings as he provided a commentary on installed UK Prime Minister Rishi Sunak’s infamous speech last year and IMF’s Li’s comments on CBDCs.

Russell Brand: Oh Sh*t, It’s REALLY Happening, 1 November 2022

Status of CBDCs Worldwide

In May 2020, 35 countries were considering a CBDC according to the Atlantic Council CBDC Tracker.

In November 2021, Visual Capitalist summarised the status of CBDCs using data from the Atlantic Council CBDC Tracker.  Although widespread adoption of CBDCs is still far away, Visual Capitalist wrote, research and experiments are making notable strides forward:

  • 81 countries representing 90% of global GDP are exploring CBDCs.
  • The share of central banks actively engaging in CBDC work grew to 86% in the last 4 years.
  • 60% of central banks are conducting experiments on CBDCs (up from 42% in 2019) and 14% are moving forward to development and pilot arrangement.
  • The Bahamas is one of five countries currently working with a CBDC – the Bahamian Sand Dollar.
  • Sweden and Uruguay have shown interest in a digital currency. Sweden began testing an “e-krona” in 2020, and Uruguay announced tests to issue digital Uruguayan pesos as far back as 2017.
  • The People’s Bank of China has been running CBDC tests since April 2020. In all, tens of thousands of citizens have participated, spending 2 billion yuan, and the country is poised to be the first to fully launch a CBDC.

The UK central bank was less optimistic about rolling out a CBDC in the near future, Visual Capitalist noted last year. “The proposed digital currency – dubbed “Britcoin” – is unlikely to arrive until at least 2025.”

In August 2022, Visual Capitalist updated the status of CBDC worldwide, again using data from the Atlantic Council.  It was then as it is now, 105 out of 109 countries being tracked are exploring CBDCs. These 105 countries represent over 95% of global GDP.

Atlantic Council Central Bank Digital Currency Tracker, retrieved 28 November 2022

Based on this data, Visual Capitalist produced a table listing each country and summarised the data in graphics. “When aggregated, we can see that the majority of countries are in the research stage,” they wrote.

Visualised: The State of Central Bank Digital Currencies, Visual Capitalist

As can be seen above, 9% of countries have launched a digital currency to date.  The 9% is 11 countries. You can see which 11 countries these are in the table in Visual Capitalist’s article. One of them is Nigeria.

This includes Nigeria, which became the first African country to do so in October 2021. Half of the country’s 200 million population is believed to have no access to bank accounts.

Adoption of the eNaira (the digital version of the naira) has so far been relatively sluggish. The eNaira app has accumulated 700,000 downloads as of April 2022. That’s equal to 0.35% of the population, though not all of the downloads are users in Nigeria.

Conversely, 33.4 million Nigerians were reported to be trading or owning crypto assets, despite the Central Bank of Nigeria’s attempts to restrict usage.

Visualised: The State of Central Bank Digital Currencies, Visual Capitalist

The main graphic in Visual Capital’s article is a world map showing the status by country which is too large to include here.  However, further down the page the world map is divided by region, see below.

CBDCs and totalitarian control through their use is not a conspiracy theory – it is a conspiracy. James Melville posted a Twitter thread on CBDCs which is worth reading.  He began:

“Central banks and governments are nudging us towards this. We cannot let this happen. Wake up before it’s too late.”

Source

LISA BOOTHE: Nearly Half of Democrats Wanted to Put the Unvaccinated in Government Camps. I Could Not go out to Dinner in NYC, Rejected and Kicked Out of Restaurants

LISA BOOTHE: Nearly Half of Democrats Wanted to Put the Unvaccinated in Government Camps. I Could Not go out to Dinner in NYC, and Rejected and Kicked Out of Restaurants

By The General

LISA BOOTHE: Nearly half of Democrats wanted to put the unvaccinated in government camps. I could not go out to dinner in NYC, rejected and kicked out of restaurants.

Joe Biden is still purging military heroes for not wanting to get a vaccine that increases cardiac death in young men by 84%.

Click Here To Play Video

Source

What JUST Leaked Out of the WEF is TERRIFYING?

What JUST Leaked Out of the WEF is TERRIFYING?

“You probably did not hear is the recent $105,000,000 investment from the World Economic Forum to Canada to implement digital passports on all of its citizens.

So what are they wanting to track?

Not only will it allow them to track your whereabouts and your movements through your phone.

FOR THE ENTIRE COUNTRY.

But it will also allow the WEF to compile a profile of political leanings, gun ownership status and so on for every user.

You can skip to the 4:55 mark in this video to hear all about it.

With that information the WEF can influence crafting other mandates and legislation based on those results.

Take it one step further…

The Bill and Melinda Gates Foundation has just announced a $200,000,000 fund to implement the use of digital ID’s.

His primary interest?

The tracking of v@ccine status. Going so far as outlawing any and all travel without a proof of current jabs…”

What JUST Leaked Out Of The WEF Is TERRIFYING

The World Economic Forum openly admits to manipulating people online. Biden said he refuses to speak with Putin about peace or war and the FBI was busted using $1 million of tax payer money to cover up spying on Donald Trump’s white house. Hundreds of millions of dollars are being donated by the WEF and Bill Gates for digital ID’s to control people and their movements.

Here’s what others had to say:

Gary Whitaker
I think we as American Citizens should start holding our Legislators accountable for all this nonsense and corruption going on. This is getting ridiculous and totally unacceptable. They don’t seem to care because their all greedy and won’t get nothing done unless it profits them.

Margaret Reid
As American citizens we should ask for a itemized statement for every penny of our tax dollars!!!

Davida Donelan
These people are so evil. I just don’t understand why these people are not in prison for crimes against humanity and why we can’t sue these people for everything they got. Lord help us.

Cody Parsons
I enjoy getting my news from you. I feel you give us the facts and stories without a slant to the left or the right. It’s nice just hearing the news without them telling me what to think.
Thanks for doing videos like this!

Naturally Joy
Thank you Stephen for keeping the people informed with unbiased truth!!

Cobi Lee Henry
Almost all the information i found early on that is proven factual is almost impossible to bring up now. So glad i did the research early on. I shared and was mocked by many even loved ones that know I research everything, and shared the links. So sadly deceived.

Elizabeth Mayers
It is so frustrating that our elders and leaders don’t seem to have the ability to get their own egos in check in order to negotiate peace.

RICH ALLEN
Can we trust our government, including the courts? I have been cynical of all of them, for a long time.

Cindy Mandenberg
This is totally insane and I’m scared out of my mind!!!!! No one should have that much power over others lives!!!!!

Kate Peck
It doesn’t matter what kind of personality Trump has. We need to look at what he was doing for our country. We were on our way to becoming completely independent. Biden stopped all that.

Teresa Busico
Digital tracking, is not the FREE country that all of our veterans have fought and died for. What the Heck is going on? It gets more bizarre every day!! We need to hear the truth, and keep our freedom, our freedom of speech, as well. Thank you Stephen for keeping us informed.

Chuck Davis
If I were president Biden, I would step down and call a special election. But in my current situation I am not capable of conducting a productive meeting with anyone especially Putin. Thanks Steven for your report.

Crook Marc
The “Gates” needs to go and get their hearts right with God, because a time is coming when their money just not going to work for them. God is in total control of whatever these evil wicked people are trying to. The rule of man is nearing an end. Believe that.

——————————-

Resources:
https://t.me/is9mjz33VAcwZWJh/13500
https://youtu.be/QIJhbsev62Y

Source

NATO States Feel Deceived by Kyiv in a Simple Situation and Do Not Want to be Deceived Further

NATO States Feel Deceived by Kyiv in a Simple Situation and Do Not Want to be Deceived Further

By U In Hurricane

NATO states feel deceived by Kyiv in a simple situation and do not want to be deceived further.

Sumantra Maitra, Ph.D., who is an elected associate fellow at the Royal Historical Society, suggests it’s unlikely that the Ukrainian govt and military didn’t know they were calling for what would have effectively amounted to a world war. An unnamed NATO diplomat expressed solidarity with this position, having labeled this as “ridiculous”.

From a Machiavellian standpoint, one can understand why Ukrainian leadership would lie to the world to get everyone else to fight their war, even at the risk of nuclear annihilation, Mr. Maitra reminds. Deception is often more effective than force.

The whole situation is kind of saber-rattling by Kyiv without having one and a dangerous flirtation with the U.S. NATO as well didn’t and wouldn’t do anything without the permission of Washington, D.C., but this episode presents an opportunity to contemplate and reconsider some peripheral alliance commitments, and the risk of resultant escalatory spirals, the prominent author concludes.

More Fog, More War

“This is getting ridiculous,” an unnamed NATO diplomat was reported to say, “the Ukrainians are destroying [our] confidence in them. Nobody is blaming Ukraine and they are openly lying. This is more destructive than the missile.”

The outburst came after the Ukrainian government denied consensus NATO and American opinion that it had goofed up and misfired a missile into the territory of one of its biggest backers, killing two. It would have been noble to admit the mistake outright and show some remorse, and the incident would have been unlikely to be held against Ukraine. After all, it is the one facing an invasion, and friendly fire incidents happen in a saturated theatre even with the best militaries, even with top-tier deconfliction processes in place.

The most responsible behavior in the incident came from Poland, the country struck by the missile. Warsaw stated that an investigation was underway, and then called NATO to discuss the apparent “attack.” Once it was beyond a reasonable doubt that the strike wasn’t from Russia, Poland withdrew its Article 4 request.

But for about fourteen hours, the threat of nuclear war loomed large over the Euro-Atlantic. The claim that a Russian missile had flown into Poland hinged on the words of a lone anonymous “senior intelligence official,” amplified first by the Associated Press and then by lobbyists masquerading as national security experts. Its spread was recklessly fuelled by the Baltic states and Ukraine.

The Ukrainian president said it was time for a serious NATO countermeasure. The Ukrainian foreign minister channelled his inner girl-boss and said it was a “conspiracy theory” to say that Poland was hit by Ukrainian air defences. Ukrainian M.P. Lesia Vasylenko tweeted, “2 #russia missiles fly over #Ukraine #Polish border. Hits of polish territory and so far 2 possible civilian casualties. This calls for @NATO article 5 reaction. Right?” Then, as the narrative collapsed in real time, tweeted again, “This is #russia’s fault! If #putin hadn’t gone crazy with a missile shower over #Ukraine yesterday, there would be no hits. In #Kyiv, #Kharkiv or #Przewodow”.

The BBC reported, “Baltic states on the front line with Russia were quick to call on the collective defence of Nato. The President of Lithuania Gitanas Nauseda declared on Twitter: “Every inch of NATO territory must be defended!” Others said the incident made the case for even greater military support for Ukraine. Latvia’s defence minister, Artis Pabriks, suggested NATO could provide more air defenses for Poland and “part of the territory of Ukraine.” Kaja Kallas, Estonia’s prime minister, said the West should give Ukraine more military, humanitarian, and financial support.

Put simply, a whole bunch of people called for direct war between the two largest nuclear powers, all for their petty localized interests.

Now that there is a consensus that the incident was a stray Ukrainian missile, it seems highly improbable that the Ukrainian government and some of their lobbyists in D.C. didn’t know that. It is almost impossible to conceive that a leader of a country at war had not received the frontline information from his battlefield command about the trajectory of the misfired border air-defense missile around the same time that he and his government were making statements about the urgency of NATO imposing collective defense.

In the parlance of D.C., it appears a clear case of deliberate “disinformation.” It is, quite frankly, unlikely that the Ukrainian government and military did not know that they were calling for what would have effectively amounted to a world war. Every sane military strategist knows the meaning of Article 5. The NATO states know that. The Baltic states should know that. Frustrated American intelligence and administration officials, trapped by their earlier Churchillian rhetoric, know that, at least by now. And yet.

A still contested puzzle in international relations is whether great powers influence their satellites or whether ideological small states drag (or “chain-gang”) their witless and myopic benefactors. As Schumpeter wrote, “there was no corner of the known world where some interest was not alleged to be in danger or under actual attack. If the interests were not Roman, they were those of Roman allies…”

From a Machiavellian standpoint, one can understand why Ukrainian leadership would lie to the world to get everyone else to fight their war, even at the risk of nuclear annihilation. Deception is often more effective than force. Fidel Castro also tried to drag the Soviets into his war, but the Soviets were prudential enough to leash their dogs.

One would expect rational small states to zealously guard whatever small influence they have, instead of undermining the core interest of the group that protects their existence. So, what explains Baltic fanaticism about NATO enlargement or brinkmanship with Russia What explains Ukrainian resistance to any grand bargain, to the point of antagonizing their allies? Whatever the result of a total war they seek so ardently, they would not survive one as an intact unit of polity anyway. So, what gives? There are potentially two causes, by no means exclusive, and possibly intertwined.

One, this is ideological. Historically, a simple hypothesis is often correct. But two—and here it gets more complicated—the bigger the alliance, the more constrained the choices of the hegemon. Expanding NATO consolidates the liberal-internationalist orthodoxy and multiplies an imperial, self-sustaining, and expanding bureaucracy, making it more difficult for a hegemon like the U.S. to act in its own interests as opposed to the interests of the group. No great power or empire in history has been this trapped by its own ideological overreach. Fenrir, in this case, is not only chained, but has proceeded to neuter himself.

NATO did not and would not do anything without the permission of Washington, D.C., but this episode presents an opportunity to contemplate and reconsider some peripheral alliance commitments, and the risk of resultant escalatory spirals. Next time the world might not be so lucky.

————————-

Resources:
https://t.me/uinhurricane/2593
https://www.theamericanconservative.com/more-fog-more-war/

Source

Canadian Government Preparing to Euthanize Children Without Parental Consent

Canadian Government Preparing to Euthanize Children Without Parental Consent

By Reese Report

Canadian Government Preparing to Euthanize Children Without Parental Consent

Click Here To Play Video

Source

Techno-Authoritarianism Is Here To Stay: China & The Deep State Have Joined Forces

Techno-Authoritarianism Is Here To Stay: China & The Deep State Have Joined Forces

By Tyler Durden

“If this government ever became a tyranny, if a dictator ever took charge in this country, the technological capacity that the intelligence community has given the government could enable it to impose total tyranny, and there would be no way to fight back.”

– Senator Frank Church

The votes are in.

No matter who runs for office, no matter who controls the White House, Senate, or the House of Representatives now or in the future, “we the people” have already lost.

We have lost because the future of this nation is being forged beyond the reach of our laws, elections and borders by techno-authoritarian powers with no regard for individuality, privacy or freedom.

The fate of America is being made in China, our role model for all things dystopian.

An economic and political powerhouse that owns more of America’s debt than any other country and is buying up American businesses across the spectrum, China is a vicious totalitarian regime that routinely employs censorship, surveillance, and brutal police state tactics to intimidate its populace, maintain its power, and expand the largesse of its corporate elite.

Where China goes, the United States eventually follows. This way lies outright tyranny.

Censorship. China’s censorship machine is straight out of Orwell’s 1984 with government agencies and corporations working together to limit the populace’s freedom of expression. Just a few years ago, in fact, China banned the use of the word “disagree,” as well as references to George Orwell’s novels Animal Farm and 1984. Government agencies routinely harass and intimidate anyone seen as non-compliant. Activists are frequently penalized for gathering in public places and charged criminally with “picking quarrels and provoking trouble.” China has also gone to great lengths to muzzle journalists reporting on corruption or human rights abuses.

Surveillance. COVID-19 brought China’s Orwellian surveillance out of the shadows and gave China the perfect excuse for unleashing the full force of its expansive and sophisticated surveillance and data collection powers on its citizenry and the rest of the world. Thermal scanners using artificial intelligence (AI) were installed at train stations in major cities to assess body temperatures and identify anyone with a fever. Facial recognition cameras and cell phone carriers tracked people’s movements constantly, reporting in real time to data centers that could be accessed by government agents and employers alike. And coded color alerts (red, yellow and green) sorted people into health categories that corresponded to the amount of freedom of movement they’re allowed: “Green code, travel freely. Red or yellow, report immediately.”

Social media credit scores. Prior to the coronavirus outbreak, the Chinese surveillance state had already been hard at work tracking its citizens through the use of some 200 million security cameras installed nationwide. Equipped with facial recognition technology, the cameras allow authorities to track so-called criminal acts, such as jaywalking, which factor into a person’s social credit score. Social media credit scores assigned to Chinese individuals and businesses categorize them on whether or not they are “good” citizens. A “citizen score” determines one’s place in society based on one’s loyalty to the government. A real-name system—which requires people to use government-issued ID cards to buy mobile sims, obtain social media accounts, take a train, board a plane, or even buy groceries—coupled with social media credit scores ensures that those blacklisted as “unworthy” are banned from accessing financial markets, buying real estate or travelling by air or train. Among the activities that can get you labeled unworthy are taking reserved seats on trains or allegedly causing trouble in hospitals.

Safe, smart cities. Having pioneered the development of so-called “safe” smart cities, China is exporting worldwide the high-tech communities in which residents are monitored round the clock, their every action under constant surveillance, and every device is connected to a central brain operated by artificial intelligence. As privacy expert Vincent Mosco concludes, “The benefit from smart cities clearly goes to the authorities who are able to use the promise of the modern, high-tech city to extend and deepen surveillance. It also goes to the big tech companies who profit first from building the smart city infrastructure and secondly by commodifying the entire smart city space. Citizens gain some operational efficiency but at great cost to their liberty.”

Digital currency. China has already adopted a government-issued digital currency, which not only allows it to surveil and seize people’s financial transactions, but can also work in tandem with its social credit score system to punish individuals for moral lapses and social transgressions (and reward them for adhering to government-sanctioned behavior). As China expert Akram Keram wrote for The Washington Post, “With digital yuan, the CCP [Chinese Communist Party] will have direct control over and access to the financial lives of individuals, without the need to strong-arm intermediary financial entities. In a digital-yuan-consumed society, the government easily could suspend the digital wallets of dissidents and human rights activists.”

Digital authoritarianism will redefine what it means to be free in almost every aspect of our lives. Again, we must look to China to understand what awaits us. As Human Rights Watch analyst Maya Wang explains: “Chinese authorities use technology to control the population all over the country in subtler but still powerful ways. The central bank is adopting digital currency, which will allow Beijing to surveil—and control—people’s financial transactions. China is building so-called safe cities, which integrate data from intrusive surveillance systems to predict and prevent everything from fires to natural disasters and political dissent. The government believes that these intrusions, together with administrative actions, such as denying blacklisted people access to services, will nudge people toward ‘positive behaviors,’ including greater compliance with government policies and healthy habits such as exercising.”

AI surveillance. In much the same way that Chinese products have infiltrated almost every market worldwide and altered consumer dynamics, China is now exporting its “authoritarian tech” to governments worldwide ostensibly in an effort to spread its brand of totalitarianism worldwide. In fact, both China and the United States have led the way in supplying the rest of the world with AI surveillance, sometimes at a subsidized rate. In the hands of tyrants and benevolent dictators alike, AI surveillance is the ultimate means of repression and control, especially through the use of smart city/safe city platforms, facial recognition systems, and predictive policing. These technologies are also being used by violent extremist groups, as well as sex, child, drug, and arms traffickers for their own nefarious purposes.

While countries with authoritarian regimes have been eager to adopt AI surveillance, as the Carnegie Endowment’s research makes clear, liberal democracies are also “aggressively using AI tools to police borders, apprehend potential criminals, monitor citizens for bad behavior, and pull out suspected terrorists from crowds.” Moreover, it’s easy to see how the China model for internet control has been integrated into the American police state’s efforts to flush out so-called anti-government, domestic extremists. This is how totalitarianism conquers the world.

Secret police. According to recent reports, China has planted more than 54 secret police forces in 25 cities around the world, including the United States, as part of their efforts to track and threaten dissidents and deport them back to China for prosecution. The campaign to surveil, intimidate and punish ex-patriates living abroad engaging in dissent has been dubbed Operation Fox Hunt. As one human rights agency noted, “The message from the [Chinese] ministry of foreign affairs – that you are not safe anywhere, that we can find you and that we can get to you – is very effective.”

Police brutality. Not much has changed about China’s brutal crackdown on protesters in the wake of the Tiananmen Square massacre. Chinese policing remains brutal, excessive and inflexible, now with the added power of the surveillance state behind it.

Intimidation tactics. China has mastered the art of intimidation tactics, threatening activists, their families and their livelihood should they fail to comply with the government’s dictates. As one activist explained, “There have been telephone calls in the middle of the night that family members won’t find work if you don’t cooperate with the government, or that your parents’ phone number will be posted online and they’ll be harassed. Or with Uyghurs, that the rest of your family will be put in camps.”

Disappearance, brainwashing and torture. Those who fail to fall in line with China’s dictates are often made to disappear, arrested in the dead of night and imprisoned in Orwellian re-education camps. China has built more than 400 of these internment camps in recent years to detain people for offenses that run the gamut from challenging the government to so-called religious crimes such as owning a Qur’an or abstaining from eating pork. As the Guardian reports, “abuses include detailed arbitrary detentions, torture and medical neglect in the detention camps and coercive birth control.”

China’s global influence, its technological reach, its quest for world domination, and its rigid demand for compliance are pushing us towards a world in chains.

Through its growing stranglehold on surveillance technology, China has erected the world’s first digital totalitarian state, and in the process, has made itself a model for aspiring dictators everywhere.

What too many fail to recognize, however, is that China and the American Deep State have joined forces.

As I make clear in Battlefield America: The War on the American People and in its fictional counterpart The Erik Blair Diariesthis is fascism hiding behind a thin veneer of open government and populist elections.

For all intents and purposes, we have become the embodiment of what Philip K. Dick feared when he wrote The Man in the High Castle, a vision of an alternate universe in which the Axis powers defeat the Allies in World War II, and “fascism has not simply conquered America. It has insinuated itself, with disturbing ease, into America’s DNA.”

Yet while Dick’s vision of a world in which totalitarianism has been normalized is chilling, our growing reality of a world in which the Deep State is not merely entrenched but has gone global is downright terrifying.

Our national flag may not boast the red and white stripes with a swastika on a field of blue as depicted in The Man in the High Castle, but be warned: we are no less occupied.

Source

Here Come “Programmable Dollars”: New York Fed And 12 Banking Giants Launch Digital Dollar Test

Here Come “Programmable Dollars”: New York Fed And 12 Banking Giants Launch Digital Dollar Test

By Tyler Durden

Never let a crisis go to waste. Or a market crash for that matter.

With equity and bond markets stuck in brutal bear markets and providing a sufficient distraction to what is happening behind the scenes, the Fed and a group of banks have been quietly preparing for the next stage in the “organized crash” pipeline: the rollout of CBSC.

According to a statement by the New York Fed, global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday.

Citigroup, HSBC Holdings, Mastercard and Wells Fargo are among the financial companies participating in the experiment alongside the New York Fed, which will provide a “public contribution to the body of knowledge on the application of new technology to the regulated financial system.”

Bank of New York Mellon, the money-laundering bank of the world, HSBC Holdings, PNC Financial Services, Toronto-Dominion Bank, Truist Financial and U.S. Bancorp are also participating in the test, along with payments network Mastercard.

The project, which is called the “regulated liability network”, will allow banks to simulate issuing digital money representing their customers’ own funds before settling through central bank reserves on a distributed ledger, the New York Fed said.

The pilot will test how banks using digital dollar tokens in a common database can help speed up payments.

“Programmable US dollars may be necessary to support new business models and provide a foundation to much-needed innovations in financial settlements and infrastructure,” Tony McLaughlin, managing director for emerging payments and business development at Citigroup’s treasury and trade solutions division, said in a statement Tuesday. “Projects like this, that focus on the digitization of central bank money and individual bank deposits, could be expanded to take a broader view of the opportunity.”

Earlier this month, Michelle Neal, head of the New York Fed’s market’s group, said it sees promise in using a central bank digital dollar (CBDC) to speed up settlement time in currency markets.

For years, Wall Street’s biggest banks have explored the use of blockchain in their businesses for everything from interbank payments to mortgages and cross-border trades. Still, this week’s move comes amid a rout in cryptocurrency markets following the collapse of Sam Bankman-Fried’s digital-asset empire last week.

In addition to weighing central bank digital currencies and compliant stablecoins, “there should be the option of leveraging the scale and economic value of bank deposits,” Raj Dhamodharan, Mastercard’s head of crypto and blockchain, said in the statement. The regulated liability network “is an innovative proof of concept led by the industry that could help shape how consumers and businesses view the credibility of token-based payments.”

The new network is meant to follow existing laws and regulations for deposit-based payments processing, including anti-money-laundering requirements. After the 12-week test, the banks will publicize the results, they said in a statement, though lenders “are not committed to any future phases of work” once the test is complete.

While the initial work will focus on simulating digital money issued by regulated institutions in US dollars, the concept could be extended to multicurrency operations and stablecoins, which are typically backed one-to-one by another asset such as the dollar or euro.

Source

Tucker: Now They’re Threatening Elon Musk

Tucker: Now They’re Threatening Elon Musk

By Fox News

Here’s what others had to say:

Mike French
The fact Fetterman a US senator says it all

4RedDwarf3
We are now deep into 1984, the ministry of truth is out to get anyone not towing the line.

Delmont Green
Fried stole his clients money and gave it to politicians? No way. I’m so shocked.

Renee Houser
Words don’t threaten “them”- it’s the TRUTH COMING INTO THE LIGHT which terrifies the criminals in high places.

Joseph Talmadge
The fact that they are attacking Elon should tell you everything you need to know.

Patton Was Right
“WE DEFEATED THE WRONG ENEMY!” Now we’re being destroyed from within.

M3T4LH34D’70
He didn’t come up with that response, he’s listening to it and repeating. I’m just shocked he didn’t word jumble it.

Adam H
He was listening to an ear peice for how to respond. Chuckled and choked to buy time to repeat what his handlers tell him to say

William Russell
it would be so nice to have a NEWS company that would report the news instead of being the news arm of a political party.

Smoky Mt Potpourri
Oh yes, she was absolutely told to ask that question….& O’Biden laughed as if he had been *waiting for it….but then he forgot his lines in the play.

Looping Artist, Just Dave
“The perfect dictatorship would have the appearance of a democracy, but would basically be a prison without walls in which the prisoners would not even dream of escaping. It would essentially be a system of slavery where, through consumption and entertainment, the slaves would love their servitudes.”
– Aldous Huxley

Mark Starr
He was laughing to buy time to think of an answer before he looked down to read what to say from the puppets controlling him, either that or he has an earpiece.

Rock
He laughed because he couldn’t believe the press is so easy to control and didn’t expect the on queue question so soon.

one_wild_gopher
The cognizant level of Biden is such that he cannot think he stumbles mumbles bumbles. He’s far from float like a butterfly sting like bee.

TheWtfnonamez
Worth noting that these days the press representatives are entirely curated, and she was most likely told to ask that question in return for favours and access.

Source

error

Please help truthPeep spread the word :)