In mid-November, while the whole world was focused on the Ukraine crisis, the US midterms or whatever other "big story" the media decided was more important, a truly momentous shift took place in the global financial system.
Ghana's government is working on a new policy to buy oil products with gold rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia said on Facebook on Thursday.
China will establish bilateral investment and economic cooperation working mechanisms, carry out local currency swap cooperation and deepen digital currency cooperation, he added.
Now, a year after its launch, the adoption of the eNaira is not going quite as the government had planned as only 0.5% of Nigeria's 217 million citizens are using the central bank issued digital currency, according to a report from Bloomberg.
India will launch its retail central bank digital currency (CBDC) pilot on Thursday, Dec. 1, with plans to gradually expand trials, the Reserve Bank of India (RBI) announced on Tuesday.
We're on the brink of a dramatic change where we're about to -- and I'll say this boldly -- we're about to abandon the traditional system of money, and accounting, and introduce a new one….
RECORDED NOV 21: James joins Hrvoje Mori? on The Hrvoje Mori? Show on TNTRadio to discuss the latest lies from the war in Ukraine, the CBDC psyop and how we need to get serious about fighting the war on us all that constitutes the real Third World
Bill Ackman, billionaire founder of hedge fund Pershing Square Holdings Ltd., wrote on Twitter Nov. 24, "By holding put options, we have a large nominal short position on the Hong Kong dollar."
The mighty U.S. dollar spent a good part of the year beating up on other currencies. From January to mid-October, the dollar rose 13 percent against the euro, 22 percent against the Japanese yen, and 6 percent against emerging market currencies.
• Catherine Austin Fitts and Tennessee State Senator
Catherine Austin Fitts said that next year, approximately half of the US government revenues will be needed to pay interest on the debt and we will be borrowing money to pay the interest on the debt.
This is how they'll possibly take our financial freedom, via a CBDC. CBDC stands for Central Bank Digital Currency, and is a new form of digital money that is on the horizon for just about every nation on Earth.
According to precious metals and financial expert Bix Weir, when the FTX cryptocurrency exchange imploded, it took with it billions of dollars of investments. It now has more than a million creditors both big and small. Weir says it is the tip of t
CBDC Central Bank Digital Currency or the Digital Dollar is now in beta test mode. The Federal Reserve has initiated a 3 month trial with Citigroup, HSBC, Mastercard, and Wells Fargo. Digital currencies will change the privacy potential of money fore
Here is analysis that makes that case that collapse of the FTX exchange and the FTT token ponzi is a faster version of what will happen to the japanese Yen and the UK Pound.
Global banking institutions, such as Citibank, HSBC, Mastercard, and Wells Fargo, have partnered with the New York Federal Reserve to start a 12-week "digital dollar" pilot.
To address the large and complex challenges of climate change and the transition to a more sustainable economy, NYSE and Intrinsic Exchange Group (IEG) are pioneering a new asset class based on nature and the benefits that nature provides (termed eco
"The fact is, over time if you stay in dollars they're stealing from you. That's the whole point of inflation … they're stealing from you, and if you keep your wealth in that system, you're strengthening that system."
~ Franklin Sander
On October 25, Nigeria commemorated the first anniversary of the Central Bank of Nigeria's e-naira, even as more residents continue to snub the digital currency.