Goldilocks "The Old Financial System's Dominos are Falling Faster." 4-22-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted links with comments this morning:
Just a little over a year and a half ago, we began this journey together. Some of you have been with me since the beginning, and you may recall when I told you that Fintech and Standard Charter was and will play a vital role in the future for us.
The Commodity Futures and Trade Commission has just made an announcement.
"CFTC Grants RTX Fintech & Research LLC Registration as a Swap Execution Facility."
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted links with comments this morning:
Just a little over a year and a half ago, we began this journey together. Some of you have been with me since the beginning, and you may recall when I told you that Fintech and Standard Charter was and will play a vital role in the future for us.
The Commodity Futures and Trade Commission has just made an announcement.
"CFTC Grants RTX Fintech & Research LLC Registration as a Swap Execution Facility."
RTX supports real-time automated trading platforms.
"RTX is the only secure, risk-free full-stack Global Clearing Exchange Bridge between local niche carriers and Tier 1 operators."
What makes this so important? It is a chosen digital-asset trading platform that will allow our gold backed digital/currencies to go through the new digital banking system in our currency exchanges.
© Goldilocks
Route Trader LINK
CFTC LINK
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Are we ready to hear about another bank going into default?
The First Republic Bank is making an announcement on Monday.
And, future indicators show this bank going into decline.
It is the future indicators that have a profound effect on investors.
The old financial system's dominos are falling faster.
Watch for a green light on gold to move into real values soon as the dollar moves into its real value.
© Goldilocks
Benzinga LINK
Simply Wall St LINK
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Goldilocks "StableCoins, Bond Rates and more" Friday 4-21-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted comments and links:
"Bank of America’s Hartnett sees 20% dollar selloff, turns bullish on gold."
Hartnett's predictions do not go unfounded, and he is well known in the field of economists to make claims that come true based on facts.
March was an explosive month for Gold, and the selling/buying of Gold is beginning to really take hold in the economy.
Gold's use case scenarios, monetary policies, and various monetary utilization is continuing to grow.
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted comments and links:
"Bank of America’s Hartnett sees 20% dollar selloff, turns bullish on gold."
Hartnett's predictions do not go unfounded, and he is well known in the field of economists to make claims that come true based on facts.
March was an explosive month for Gold, and the selling/buying of Gold is beginning to really take hold in the economy.
Gold's use case scenarios, monetary policies, and various monetary utilization is continuing to grow.
It is important to associate ourselves going forward with firms and people who know how to align themselves with the benefits gold provides.
© Goldilocks
Coin News LINK
USA Gold LINK
USA Gold LINK
~~~~~~~~~~
House Republicans Face Resistance Reviving Stablecoin Bill
The United States is at a crossroads. There has been some resistance since the beginning of the year in formulating policies and standards for stablecoins, but the issue can no longer be denied.
"Continue Work on Stablecoin Legislation or Risk Forfeiting the Financial Future."
Countries around the world have already begun establishing standards and protocols for the use of their own digital currencies.
In order for the United States to compete, we are going to have to get into the game. This creates pressure on the dollar status as World Reserve Currency as money velocity increases demand and value for countries well on their way to establishing these new opportunities.
"Yesterday, the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Inclusion held a hearing on stablecoins (cryptocurrencies pegged to the value of an asset like the dollar)."
As you can see, we are currently engaged in establishing monetary policies and protocols that will allow the US to engage in the future of the global economy.
© Goldilocks
Cato LINK
WSJ LINK
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Russia's Crypto Power Move: Changing The Game For International Business
The Central Bank of Russia is currently drafting legislation for the use of cryptocurrencies in international trade.
And now, they are forming special organizations that will allow them to mine and produce digital currencies in cross-border trade.
This will serve as a great compliment to the enhancement of the BRICS Nations.
© Goldilocks
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There’s Still Time To Lock In 6.89% I Bond Rates Before They Reset
Forbes LINK
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"BoE and CFTC continue CCP supervision agreement."
This is another situation where the CFTC is supervising the clearance of cross-border international trading for the Bank of England.
This standardizing process of the Commodities Futures Trading Commission will clear both sides of a trade and ensure the funds are there in doing so.
© Goldilocks
Asset Servicing Times LINK
~~~~~~~~~~
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Goldilocks "Blockchain Technology and more" Thursday 4-20-2023
Goldilocks and Seeds of Wisdom
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RJ: Good morning Dinar Recaps,
Goldilocks posted comments and links with comments this morning:
Commercial Real Estate concerns are beginning to show up on the market.
Many Banks are leveraged inside commercial real estate.
Banks are becoming increasingly cautious in lending out money at this time.
The days of easy money is gone.
© Goldilocks
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted comments and links with comments this morning:
Commercial Real Estate concerns are beginning to show up on the market.
Many Banks are leveraged inside commercial real estate.
Banks are becoming increasingly cautious in lending out money at this time.
The days of easy money is gone.
© Goldilocks
Blockchain technology is challenging the Swift system.
The ability to make cross-border international trading transactions in milliseconds is becoming a preferred alternative.
The challenge in the past has always been the emerging market system and getting transfers to go through efficiently.
The cost of blockchain digital ledger transfers make it even more preferred to utilize the new digital International Payment System.
The Swift system is rapidly becoming outdated technology, and the shift to Quantum Financing is beginning to gain traction.
© Goldilocks
https://www.finextra.com/blogposting/24015/swift-alternatives-and-crypto-remittance--sending-money-with-crypto
https://striga.com/blog/swift-alternatives-how-is-crypto-remittance-replacing-swift-payment/
https://news.bitcoin.com/blockchain-to-become-more-relevant-in-payments-this-year-sberbank-exec-says/
~~~~~~~~~~
"CoinMENA now offers crypto services in Iraq"
This is allowing the private sector and their citizens an opportunity to move money internationally in digital format.
It will increase the demand for their money in cross border international trading situations adding to the money velocity of the Iraqi Dinar.
This new demand on their money will increase money flows into and outside of the country creating more value in the currencies they hold.
Remember, 70% of any marketplace comes from the consumers.
© Goldilocks
https://www.iraqinews.com/iraq/coinmena-now-offers-crypto-services-in-iraq/
~~~~~~~~~~
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Goldilocks Explanation - Wednesday Night
Good evening Dinar Recaps,
Goldilocks posted an explanation:
Some people are having a difficult time understanding the article I put out a little bit earlier on the debt ceiling.
If you remember, we talked about what would happen if they do not raise the debt ceiling and that would force an RV sooner.
It's not going to happen that way, and this takes the pressure off of the powers that be to expediate the process.
This is why I reminded you of something I told you earlier last month about the revaluation of everything taking place between March the 20th and June the 30th.
Does this mean we are going to have to wait until June the 30th? It all depends on how quickly they move us through currency reforms.
Good evening Dinar Recaps,
Goldilocks posted an explanation:
Some people are having a difficult time understanding the article I put out a little bit earlier on the debt ceiling.
If you remember, we talked about what would happen if they do not raise the debt ceiling and that would force an RV sooner.
It's not going to happen that way, and this takes the pressure off of the powers that be to expediate the process.
This is why I reminded you of something I told you earlier last month about the revaluation of everything taking place between March the 20th and June the 30th.
Does this mean we are going to have to wait until June the 30th? It all depends on how quickly they move us through currency reforms.
I am getting word that they are pushing this through as soon as possible due to investors buying so many stablecoins that it is affecting the dollar and digital alternatives to the International Payment System.
Pressures are mounting on all sides of this issue, and don't be surprised if the Eastern half of our world finishes first.
As far as I can see, all upgrades to the QFS are done. We are simply working on currency reforms at this time.
Yes, this puts us on an any-moment timeline between now and June the 30th. I have contacts near and far and locally who keep me honest on where we are in this Global Currency Reset.
Look closely at the last 2 days of my writings to you. (LINK to posts) We are in the standardizing process of our currency reforms.
I want you to notice how we are hearing less from the SEC and more from the CFTC. This is an indicator that they are standardizing gold protocols inside the banking system, inside the digital economy, and working on the paper currencies we hold.
© Goldilocks
~~~~~~~~~~
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Goldilocks "Currency reforms are currently on the table, and they are not going anywhere." 4-19-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good afternoon Dinar Recaps,
Goldilocks posted comments with links:
"The Central Bank issues new instructions to banks on electronic payment"
AND,
"Central Bank of Iraq Adopts New Anti-Money Laundering Mechanisms (Document)"
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good afternoon Dinar Recaps,
Goldilocks posted comments with links:
"The Central Bank issues new instructions to banks on electronic payment"
AND,
"Central Bank of Iraq Adopts New Anti-Money Laundering Mechanisms (Document)"
We have two things going on in Iraq.
They have adopted security mechanisms that will allow them to protect people who are making retail purchases through a POS mechanism.
The point of sale mechanism added to their new digital transactions will protect the customer and merchant in every day purchases.
The point of sale mechanism will also clear and record inventory for the merchant and payment processes for their new digital banking system.
© Goldilocks
https://search4dinar.wordpress.com/2023/04/19/the-central-bank-issues-new-instructions-to-banks-on-electronic-payment/
https://search4dinar.wordpress.com/2023/04/19/central-bank-of-iraq-adopts-new-anti-money-laundering-mechanisms-document/
~~~~~~~~~~
It looks like they are going to raise the debt ceiling until next year.
This changes the timeline we were looking at earlier in seeing a forced revaluation.
Currency reforms are currently on the table, and they are not going anywhere.
Remember, the revaluation of everything began on March 20th and ends on June 30th.
© Goldilocks
https://www.washingtonexaminer.com/news/house/mccarthy-set-to-unveil-legislation-raising-debt-ceiling
~~~~~~~~~~
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Goldilocks "The day of backing a currency by a promise is fading away" 4-19-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
Good morning Dinar Recaps,
Goldilocks posted commentaries and link this morning:
"Russia Prepares Draft Law to Allow Crypto for International Trade"
We have several countries around the world that are proposing and opening the door for the use of digital tokens as a form of payment instead of traditional lines of credit through the dollar to settle their International Settlements.
This will minimize the use of the dollar and level the playing field among East and West countries.
It will create demand for currencies around the world to receive the opportunity for such demand to raise the value of National Currencies around the world.
Goldilocks and Seeds of Wisdom
Thank you RJ
Good morning Dinar Recaps,
Goldilocks posted commentaries and link this morning:
"Russia Prepares Draft Law to Allow Crypto for International Trade"
We have several countries around the world that are proposing and opening the door for the use of digital tokens as a form of payment instead of traditional lines of credit through the dollar to settle their International Settlements.
This will minimize the use of the dollar and level the playing field among East and West countries.
It will create demand for currencies around the world to receive the opportunity for such demand to raise the value of National Currencies around the world.
© Goldilocks
https://watcher.guru/news/russia-prepares-draft-law-to-allow-crypto-for-international-trade
"BlackRock’s assets seen topping US$15 trillion in five years’ time"
We are living in a different world. Assets are currently being tokenized and collateralized by real world assets. "BlackRock’s assets seen topping US$15 trillion in five years’ time"
We are living in a different world. Assets are currently being tokenized and collateralized by real world assets. The day of backing a currency by a promise is fading away.
The day of collateralizing assets is here to stay.
Black Rock has several estates around the world to offer up as collateralized tokens to back assets on the markets.
It is the new way of doing business that will create trillions of dollars for Black Rock and make millionaires out of those who see its potential in the assets they obtain on the markets.
Real Estate is a commodity. When real estate is sold in bulk quantities, it gives a solid value to the assets they support.
© Goldilocks
https://www.businesstimes.com.sg/companies-markets/blackrocks-assets-seen-topping-us15-trillion-five-years-time
https://www.investingcube.com/asset-tokenization-and-fractional-ownership-the-masses-will-invest-in-everything/
~~~~~~~~~~
Ethereum Network Completes ‘Shanghai’ Upgrade
By Joanna F. Wasick (https://www.bakerlaw.com/JoannaFWasick)
Ethereum recently announced the completion of its “Shanghai” upgrade (also known as Shapella). This hard fork upgrade marks the completion of Ethereum’s multiyear transition from a proof of work consensus mechanism to proof of stake.
Most notably, the upgrade enables network participants who had staked their ether (ETH) on the network to unstake and make withdrawals for the first time. Other technical improvements in the Shanghai upgrade are intended to improve the transactional aspects of the Ethereum network. Despite some concerns that the upgrade would cause ETH prices to drop, the price of ETH remained largely flat during the transition.
https://www.jdsupra.com/legalnews/cbdc-pilot-announced-ethereum-upgrade-9457349/
For more information, please refer to the following links:
Ethereum’s Shanghai Upgrade Is Complete, Starting New Era of Staking Withdrawals
~~~~~~~~~~
TEHRAN (Tasnim) – Asian countries have raised a proposal to set up an “Asian Monetary Fund” to cut dependency on the US dollar and other important Western currencies in order to carry out their financial transactions using their national currencies and/or common Asian currencies.
Our Asian countries and their currencies are setting up their own monetary fund to support their own countries' use of local National Currencies.
This is just simply the way a collateralized world works. The new economy or should I say the new global economy belongs to the people.
Being able to invest in companies and places of value on the marketplace gives partial ownership of these places to the people.
These new choices will give rise to demand and value to currencies around the world.
© Goldilocks
https://www.tasnimnews.com/en/news/2023/04/10/2878150/asian-monetary-fund-final-nail-in-coffin-of-dollar-dominance
~~~~~~~~~~
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The day of collateralizing assets is here to stay.
Black Rock has several estates around the world to offer up as collateralized tokens to back assets on the markets.
It is the new way of doing business that will create trillions of dollars for Black Rock and make millionaires out of those who see its potential in the assets they obtain on the markets.
Real Estate is a commodity. When real estate is sold in bulk quantities, it gives a solid value to the assets they support.
© Goldilocks
https://www.businesstimes.com.sg/companies-markets/blackrocks-assets-seen-topping-us15-trillion-five-years-time
https://www.investingcube.com/asset-tokenization-and-fractional-ownership-the-masses-will-invest-in-everything/
~~~~~~~~~~
Ethereum Network Completes ‘Shanghai’ Upgrade
By Joanna F. Wasick (https://www.bakerlaw.com/JoannaFWasick)
Ethereum recently announced the completion of its “Shanghai” upgrade (also known as Shapella). This hard fork upgrade marks the completion of Ethereum’s multiyear transition from a proof of work consensus mechanism to proof of stake.
Most notably, the upgrade enables network participants who had staked their ether (ETH) on the network to unstake and make withdrawals for the first time. Other technical improvements in the Shanghai upgrade are intended to improve the transactional aspects of the Ethereum network. Despite some concerns that the upgrade would cause ETH prices to drop, the price of ETH remained largely flat during the transition.
https://www.jdsupra.com/legalnews/cbdc-pilot-announced-ethereum-upgrade-9457349/
For more information, please refer to the following links:
Ethereum’s Shanghai Upgrade Is Complete, Starting New Era of Staking Withdrawals
~~~~~~~~~~
TEHRAN (Tasnim) – Asian countries have raised a proposal to set up an “Asian Monetary Fund” to cut dependency on the US dollar and other important Western currencies in order to carry out their financial transactions using their national currencies and/or common Asian currencies.
Our Asian countries and their currencies are setting up their own monetary fund to support their own countries' use of local National Currencies.
This is just simply the way a collateralized world works. The new economy or should I say the new global economy belongs to the people.
Being able to invest in companies and places of value on the marketplace gives partial ownership of these places to the people.
These new choices will give rise to demand and value to currencies around the world.
© Goldilocks
https://www.tasnimnews.com/en/news/2023/04/10/2878150/asian-monetary-fund-final-nail-in-coffin-of-dollar-dominance
~~~~~~~~~~
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Goldilocks "Banking and Markets Updates" Tuesday 4-18-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
Good morning Dinar Recaps,
Goldilocks posted comments and links this morning.
The Big Banks are benefiting in the current market while Small Banks and Midsize Banks are consolidating.
The housing market continues to be an issue. The number of multifamily units have grown considerably during the pandemic.
And, the issue of raising the interest rates at the next FOMC meeting is still in debate
© Goldilocks
Goldilocks and Seeds of Wisdom
Thank you RJ
Good morning Dinar Recaps,
Goldilocks posted comments and links this morning.
The Big Banks are benefiting in the current market while Small Banks and Midsize Banks are consolidating.
The housing market continues to be an issue. The number of multifamily units have grown considerably during the pandemic.
And, the issue of raising the interest rates at the next FOMC meeting is still in debate
© Goldilocks
"NSE India to Launch WTI Crude Oil, Natural Gas Futures"
India is expanding their stock market by adding WTI Crude Oil and Natural Gas futures on their Stock Exchange.
As with Iraq, this will expand the use of the Rupee creating demand on the International Stage.
This demand will raise the value of their currency and the currencies that trade with them.
© Goldilocks
https://www.regulationasia.com/nse-india-to-launch-wti-crude-oil-natural-gas-futures/
~~~~~~~~~~
In the UK, we have other resets and reorganizations of the financial system taking place.
Central counterparty clearing houses (CCPs) play an important role in efficiently reallocating counterparty credit risks and liquidity risks in financial markets.
The Bank of England and the Commodities Futures Trading Commission are strengthening their ties through the cooperation on CCPs.
There is a clear level of supervision and connections taking place in banking systems around the world to turn our markets into a digital asset-based trading system.
The standardization of these Market changes will become solidified as a fixed weight of gold is measured in every transaction securing both sides of a trade.
© Goldilocks
https://www.regulationasia.com/boe-cftc-strengthen-supervisory-cooperation-on-ccps/
~~~~~~~~~~
It is becoming increasingly clear that the future's markets around the world are being reset.
Bitcoin and Ethereum are offering expiry options with the support of the CME markets that wasn't currently in place until now.
These virtual assets support many of the stocks inside NASDAQ and S&P 500.
The Chicago Mercantile Exchange (CME) is an organized exchange for the trading of futures and options.
© Goldilocks
https://www.regulationasia.com/cme-to-offer-additional-btc-eth-options-expiries/
~~~~~~~~~~
Knox Wire Announces the Launch of Trustless Gold-Backed Currency | News Direct
"These trusts will be in centralized locations in North America, Europe and Asia. They ensure that no entity is solely reliant on Knox Wire, a potentially vulnerable financial system, or any single company, for redemption.
This trustless mechanism can provide users with peace of mind that their assets are always backed one to one, and always accessible."
If there were not already a lot of options available to us coming down the pike, here is another one. We are clearly inside a period of time that will someday be known as the "Creative Age".
The ability to live a no limit life is in progress.
The ability to move currency cross borders in milliseconds backed by a gold currency not reliant on traditional banking systems are in the making.
© Goldilocks
~~~~~~~~~~
In case you have not noticed, the CFTC or the Commodities Futures Trading Commission is overseeing several sectors of the global markets at this point.
This is an indicator of a process currently taking place. It is a reorganization of a Global Financial System under the direction of an organization setting up standards and protocols for Market Systems.
Each day, we are moving closer and closer to a Gold Standard.
© Goldilocks
~~~~~~~~~~
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Goldilocks "We Are Getting Even Closer" Monday Night 4-17-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good evening Dinar Recaps,
Goldilocks post comments and a link:
Iraq is expanding their ISX market to include oil, gold, and foreign companies.
This will expand the reach of the Iraqi Dinar and create more demand for their currency.
It is a move that will increase the value of their National Currency, of which, they are currently exclusively utilizing at this time.
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good evening Dinar Recaps,
Goldilocks post comments and a link:
Iraq is expanding their ISX market to include oil, gold, and foreign companies.
This will expand the reach of the Iraqi Dinar and create more demand for their currency.
It is a move that will increase the value of their National Currency, of which, they are currently exclusively utilizing at this time.
They will need to move from a programmed rate to a competitive rate to succeed on a market expansion such as this we are witnessing.
We are getting even closer my friends.
© Goldilocks
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Goldilocks "We Are At The End Game" Monday 4-17-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted commentaries with links:
It's been a while since I shared this with you, but the time has come for me to do it again.
We are at the End Game.
Watch the dollar and gold rise together. The reason for this is the demand on the dollar as a safe haven due to rising interest rates and the demand for gold by the Central Banks.
Usually, one is up and the other is down to support one another in normal market conditions. We are not in normal market conditions anymore. We are in transition.
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted commentaries with links:
It's been a while since I shared this with you, but the time has come for me to do it again.
We are at the End Game.
Watch the dollar and gold rise together. The reason for this is the demand on the dollar as a safe haven due to rising interest rates and the demand for gold by the Central Banks.
Usually, one is up and the other is down to support one another in normal market conditions. We are not in normal market conditions anymore. We are in transition.
Both are needed at this time, but one will gain more traction than the other to deflate an inflated economy.
We could see this shift by the end of the week going into the next.
This is the purpose of gold as money, and it will provide the bridge into our new digital asset-based trading economy.
The dollar will find its place in this new economy among other currencies finding their real values as well.
© Goldilocks
https://news.bitcoin.com/de-dollarization-trend-irreversible-flight-from-us-dollar-sure-to-accelerate-says-russian-official/
https://www.marketwatch.com/story/goodbye-eurodollar-futures-heres-why-the-once-dominant-derivatives-contract-is-going-away-adc113a2?siteid=msnheadlines
~~~~~~~~~~
Congress is beginning to shift its attention from enforcement to a regulating body regarding stablecoins.
Stablecoins are virtual assets that represent a country's currencies.
The current requirements have to deal with holding its value. Conversations around collateralizing this sector of the cryptocurrency market are in progress.
Look for stablecoins to have a backing of gold or other commodities to hold its value in place during stressful periods of time.
Again, the next stop... Paper Currencies. Currency Reforms are clearly front and center.
© Goldilocks
https://www.cryptopolitan.com/us-congress-update-on-stablecoins-regulation/
~~~~~~~~~~
"CFTC Claims Crypto Assets Are Commodities in Lawsuit Against Ex-Deutsche Bank Investment Banker."
Yes, the QFS is backed by real assets having real values. In terms of gold as money, gold is rapidly becoming a world reserve asset by which asset determinations will be measured by the weight of value fixed on every asset in the world.
In other words, we are clearly moving into a Gold Standard.
© Goldilocks
https://cryptopotato.com/cftc-claims-crypto-assets-are-commodities-in-lawsuit-against-ex-deutsche-bank-investment-banker/
https://www.cftc.gov/PressRoom/PressReleases/8686-23
~~~~~~~~~~
"FOREIGN CURRENCY FOR IRAN"
In an interview with IRNA, Shakouri stated that the national copper industry would require not mere development but also support in order to generate $10 billion that could serve as foreign currency for Iran.
By applying new innovative methods, he added that taking advantage of the available copper mineral will increase four times by the year 2050 - highlighting that copper mines can serve as huge investments for the country and thus need to be taken more seriously.
As Iran is known for mineral-rich land, just a month ago, the first lithium deposit was discovered by Iranian geologists in the northwestern province of Hamadan, and the reserves are assessed at 8.5 million tonnes, a senior Industry Ministry official said.
"Iran is one of the few countries where adequate reserves of rare earth elements and precious metals are available.
The discovery of the first lithium deposit in the province of Hamadan promises the discovery of a deposit of other precious metals in this province," the Fars news agency quoted the official as saying, adding that its reserves are estimated at 8.5 million tonnes.
https://english.almayadeen.net/news/economics/iran:-export-of-10b-worth-of-copper-feasible
~~~~~~~~~~
Russia’s Ruble Could Replace US Dollar in Global Transactions: World Bank
In case of accurate implementation of the financial policies, Russia’s Ruble could replace US dollar, the executive director of the World Bank emphasized.
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Goldilocks "IMF Unveils New Global Currency" 4-16-2023
Goldilocks and Seeds of Wisdom
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RJ: Good afternoon Dinar Recaps,
Goldilocks posted this article:
IMF Unveils New Global Currency Known As The "Universal Monetary Unit" To "Transform" World Economy
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good afternoon Dinar Recaps,
Goldilocks posted this article:
IMF Unveils New Global Currency Known As The "Universal Monetary Unit" To "Transform" World Economy
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Goldilocks "The Big Kahuna" Sunday 4-16-2023
Goldilocks and Seeds of Wisdom
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RJ: Good morning Dinar Recaps,
Goldilocks posted commentaries and links this morning:
Bitcoin is getting ready to go through a repricing event.
Currently, the London Clearing House (LCH) is starting to clear Bitcoin Futures and Options in Q4.
The LCH is a British Clearing House Group that serves major international exchanges.
The Global Futures and Options is a digital-assets-focused platform where this is taking place.
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted commentaries and links this morning:
Bitcoin is getting ready to go through a repricing event.
Currently, the London Clearing House (LCH) is starting to clear Bitcoin Futures and Options in Q4.
The LCH is a British Clearing House Group that serves major international exchanges.
The Global Futures and Options is a digital-assets-focused platform where this is taking place.
Clearing is a post-transaction management event that ensures transactions on an exchange will settle. All futures transactions involve a level of risk in that one party will fail in its obligations to deliver to another.
Bitcoin has a major influence on how cryptocurrencies move in the current markets.
This restructuring event will reprice the Bitcoin Market giving unfulfilled contracts the ability to move into other digital assets. Thus, enabling buy/sell options on other sectors of the digital economy to find their real values in the new digital asset-based trading system.
The Financial Conduct Authority will be overseeing this event.
Next stop, look for the dollar to go through a similar process in leveling the playing field among Global Currencies in a Global Currency Reset.
© Goldilocks
https://www.regulationasia.com/lch-to-start-clearing-btc-futures-and-options-in-q4/
http://www.hedgeweek.com/2023/04/14/320205/harbour-capital-founders-gfo-x-teams-london-stock-exchange-crypto-clearing
https://www.investopedia.com/terms/c/clearing.asp#:~:text=Clearing%20is%20necessary%20for%20the,party%20with%20whom%20they%20transact.
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"A new report from yStats published on "Research And Markets" has revealed that the US is leading the charge when it comes to crypto regulation implementation."
For the last year and almost a half, you and I have been able to witness and learn about these new crypto regulations while other countries have been creating platforms and programs to bring the QFS into full implementation.
It has taken an entire Global Nation to see this project through to its end. As you can see from the last few days, we are at the point of interfacing/connecting crypto regulations inside currency reforms.
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There were several liquidity events that took place last month, but this one was the Big Kahuna.
"After years of scandal and losses, 167-year-old Credit Suisse came to the brink of collapse before Zurich-based rival UBS rode to the rescue with a merger engineered and bankrolled by the Swiss authorities last month.
UBS agreed to buy Credit Suisse for 3 billion Swiss francs ($3.3 billion), a fraction of its earlier market value."
The UBS goes on record as saying, "it expects the deal to create a business with more than $5 trillion in total invested assets."
There was a rush to get this acquisition cleared within a month. The launching of this newly owned banking system is coming at a time when currency reforms and digital-asset-based trading platforms are racing toward implementation.
© Goldilocks
https://money.usnews.com/investing/news/articles/2023-04-14/fed-approves-ubs-credit-suisse-deal-in-us
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