Goldilocks' Comments and Global Economic News Monday Evening 1-22-24
Goldilocks' Comments and Global Economic News Monday Evening 1-22-24
Good Evening Dinar Recaps,
"Digital Assets Set to Disrupt Dollar Dominance"
Bitcoin, the growth of Stablecoins, and Central Bank Digital Currencies are expected to chip at the dollar dominance this year.
These disruptions will cause a recalculation and a refactoring of the dollar value in relation to other currencies around the world.
Price pressures on these new assets will begin to formulate new patterns and support levels for these new assets, and this is when you start to see the markets begin to price in new valuations.
We will be monitoring these changes as they take place.
© Goldilocks
https://www.cryptotimes.io/digital-assets-set-to-disrupt-dollar-dominance/
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US Virginia State Senator Proposes Bill Protecting Digital Asset Miners and Validators | Finance Yahoo
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U.S. Senators Unveil Innovative Legislation to Foster Collaboration Against Crypto Crimes
In an effort to navigate the evolving landscape of crypto assets, U.S. Senators Bill Hagerty and Cynthia Lummis have introduced the Preventing Illicit Finance Through Partnership Act of 2024.
The bill, designed to combat the misuse of crypto assets, aims to foster collaboration between federal regulators and the private sector. Senators Hagerty and Lummis, both members of the Senate Banking Committee, emphasize the importance of distinguishing bad actors without stifling the growth of the emerging crypto industry.
The Preventing Illicit Finance Through Partnership Act proposes the establishment of an information-sharing pilot program dedicated to combating the illicit use of crypto assets. The primary focus is on enhancing communication between federal law enforcement agencies and private companies, allowing regulators to gain insights into the crypto world and identify and eliminate bad actors.
Thecurrencyanalytics
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Sebi to use in-house developed generative AI tool to clear IPO applications
Markets regulator Sebi will be using a generative AI tool, which has been developed in-house, to clear IPO applications on time, as it has been found to be effective in cutting the time lag massively.
"One of our junior officers in the tech team has just developed a generative AI tool that can check the various compliances in the LODR (listing obligations and disclosure requirements) in no time.
"So, we want to deploy this and within the next few months, hopefully as much as 80 per cent of the LODR compliance checks in DRHPs, which are done manually now, will be automated using this tool," its chairperson Madhabi Puri Buch said here on Friday while addressing an event organised by investment bankers lobby AIBI. Business-Standard
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"BRICS Poses A Threat To America’s Ability To Weaponize The Dollar To Sanction Nations"
We talked about this a while back. There will be a need to have a governing body to oversee countries not being compliant under the new guidelines of the new digital economy.
AI and smart contracts will capture a great deal of compliance issues, but the need to govern these mechanisms is still in process.
Actions are being taken through several countries to govern their AI mechanisms.
© Goldilocks
Bitcoinik Link
AI Accelerator Institute Link
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Navigating the financial landscape: Trends reshaping banking for SMEs in 2024 | Daily Herald
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The world’s crypto user base crossed half a billion in 2023 – Crypto.com | Page One
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Institutional money is beginning to create new price pressures on digital assets.
These will be priced into the market.
© Goldilocks
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I am aware that a lot of you would like to see this become more than just a read-only room, but there are dangers in doing that for you.
One is that you become prey for those who want to take your information out of this room for their own selfish intentions. You will not go on my email list for any reason. I do plan on creating a history book from these articles, so I have purposefully used factual information in this room to help me pull together it's contents into a book. No, you will not go on to my email list even for this book. Just look for the author under the name of Goldilocks, and I will be there.
This is why you see my work copyrighted in this room just for that purpose as instructed by my publisher in protecting my work. You are free to take my information outside of this room to anyone, but the use of any content in this room belongs to my copyrighted material being gathered for the general public to read when this venture is over.
Two, it is tempting to share information that comes out of an opinion rather than actual facts the Government, the Banking System, the Markets, the Legislative process, International Lawyers, and Developers Technical understanding of the new Digital Economy.
This is a read-only room so that people can focus and learn about the new factual economy, so it can clearly help you in the projects you choose to share with your bankers down the road.
I want you to have clarity from this room to the degree it is possible for me and you to understand.
God Bless you my friends.
© Goldilocks
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Message from Isaac today!
"Hello 👋 I will have an update tomorrow , blessings"
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