CBDC Failed: Congress Is Banning CBDC With Massive Support

Lena Petrova, CPA – Finance, Economics & Tax

Related:

Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC

Will Citizens’ Distrust of Government Surveillance Stop CBDCs?

But the eNaira launch came nine months after the CBN effectively banned cryptocurrencies, which were used to fund anti-police brutality protests that swept the country in late 2020. The CBN claimed crypto jeopardized the financial system and could be used to fund terrorism and froze protestors’ bank accounts.

Citi launches blockchain-based token services for cash management and trade finance

Lena Petrova, CPA – Finance, Economics & Tax

Citigroup, the American multinational investment bank and financial services corporation, has become the latest firm to wade into the blockchain waters as Citi Treasury and Trade Solutions (TTS) has announced the creation and pilot testing of the Citi Token Services for cash management and trade finance.

Citi launches blockchain-based token services for cash management and trade finance

This is how they will CONTROL every Ukrainian + U.S. wants to spread it.

We told you that the app that the U.S. was testing on Ukraine was coming to the U.S. next and it’s here. The app was created by Google and it is a government’s dream. It lets you track you and lets you track your neighbors. What more could a nefarious government agency want??

This is how they will CONTROL every Ukrainian via Redacted

Related:

Ukraine’s secret weapon is an app. The U.S. wants to spread it.

How Ukraine Government Is Converting Digital ID System Into Wartime Tool

The Latest Digital Token Scheme from Hell: New York Fed Teams Up with Citigroup and Sullivan & Cromwell

Just two business days after the crypto exchange FTX filed for bankruptcy and headlines swirled around the world suggesting it had used its crypto token to perpetuate a massive fraud reminiscent of Madoff’s Ponzi scheme, the New York Fed thought this would be an ideal time to announce it was launching a digital token pilot with the serial fraudster, Citigroup. (See here for the unintelligible, jargonized version from the New York Fed; here for the decrypted translation from CoinDesk; and here for a sampling of Citigroup’s rap sheet.)

The Latest Digital Token Scheme from Hell: New York Fed Teams Up with Citigroup and Sullivan & Cromwell

US Treasury recommends exploring creation of a digital dollar

The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar. Administration officials say it’d help reinforce the U.S. role as a leader in the world financial system.

US Treasury recommends exploring creation of a digital dollar

H/T: PFYT2

Related:

A digital dollar would allow Americans to directly open up an account at the Fed

And while some have suggested that the Fed could potentially launch a digital dollar on a public network like Ethereum, Luther suspects that it would instead choose to launch on its own dedicated blockchain.

“A public blockchain would limit the government’s ability to control access and monitor transactions. I am not convinced it will give up control and oversight, even if doing so would be in the best interest of society.”

Fed’s Powell: a U.S. digital dollar could help maintain international primacy

The development of an official digital version of the U.S. dollar could help safeguard its global dominance as other countries issue their own, Fed Chair Jerome Powell said on Friday, weighing in with generally positive remarks on a hot-button topic at the central bank that has left policymakers divided.

Ten countries have already launched central bank digital currencies and another 105 countries are exploring the option, according to the Atlantic Council, leading to fears the dollar could lose some of its dominance to China.

Wall Street’s Takeover of Nature Advances with Launch of New Asset Class

A project of the multilateral development banking system, the Rockefeller Foundation and the New York Stock Exchange recently created a new asset class that will put, not just the natural world, but the processes underpinning all life, up for sale under the guise of promoting “sustainability.”

Wall Street’s Takeover of Nature Advances with Launch of New Asset Class