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RV/GCR Update(s) from Goldilocks 2-12-23

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Goldilocks Post from Feb 11, 2023

Goldilocks commentary followed by the link.

“Digital credit to be rolled out this year; NRIs in 10 countries to get UPI service”

Digital credit is a small short-term loan.

It can be accessed instantly, automatically, and remotely.

This gives a person borrowing money access to funds without even having a formal credit history.

http://toi.in/RWLZ4a69/a24gj via @timesofindia

© Goldilocks

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Source: Dinar Recaps


Formal confirmation and announcement ISO20022

The Treasury just sent this bill to Biden for a signature.

It is a formal confirmation and announcement of the regulation being implemented that brings ISO20022 to full compliance.

This is telling us that the global digital banking system is in process of being activated. 

© Goldilocks

What is it? “Framework for International Engagement on Digital Assets” 

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“The Executive Order outlined an interagency approach to address the risks and harness the potential benefits of digital assets and their underlying technology, including through international engagement to adapt, update, and enhance adoption of global principles and standards for how digital assets are used and transacted.”

https://home.treasury.gov/news/press-releases/jy0854

Goldilocks Info with links to Facts 
https://www.seedsofwisdomteam.com/

“Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble.

The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble payments, the banking institution stated.”

Here we go.

Russia has just tokenized their National Digital Currency that represents their country’s paper currency. And, this token is backed by gold.

They are currently processing the ability to make future International transactions utilizing gold as a standard form of payment.

This is a way of valuing their currency in a different way than before. In more specific terms, they have just revalued their currency.

Russia has just created a path forward for a gold standard in trade among countries.

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https://news.bitcoin.com/digital-gold-traded-for-digital-rubles-by-russias-rosbank/

https://www.ndtv.com/world-news/vladimir-p---n-to-deliver-state-of-nation-address-on-feb-21-3770917

https://t.me/+YU9UrHLxFbszOTJh

© Goldilocks

https://www.seedsofwisdomteam.com/goldilocks

Goldilocks Telegram Room: https://t.me/+YU9UrHLxFbszOTJh

Seeds of Wisdom Team Website: https://www.seedsofwisdomteam.com/

Source: Dinar Recaps

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Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.

Copyright © Dinar Chronicles

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