Tag: cryptocurrencies

CBDC Failed: Congress Is Banning CBDC With Massive Support

Tina Marie (Ms. Cat)
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.

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

Tina Marie (Ms. Cat)

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

Two Fed-Supervised Banks Blew Up Last Week; Two More Dropped Over 40 Percent Yesterday; and the Fed Wants to Investigate Itself — Again

Tina Marie (Ms. Cat)

Two Fed-Supervised Banks Blew Up Last Week; Two More Dropped Over 40 Percent Yesterday; and the Fed Wants to Investigate Itself — Again

Last Friday, California state regulators closed Silicon Valley Bank and the Federal Deposit Insurance Corporation (FDIC) became the receiver. Its stock price had lost over 80 percent of its market value over the prior year; $150 billion of its $175 billion in deposits were uninsured, either because they exceeded the $250,000 FDIC cap and/or they were foreign deposits. The bank was effectively operating as a Wall Street IPO pipeline in drag as a federally-insured bank. The Federal Home Loan Bank of San Francisco had quietly been bailing it out – to the tune of $15 billion. Oh – and by the way – its primary regulator was the Federal Reserve Bank of San Francisco. And while all of this hubris was occurring, the CEO of Silicon Valley Bank, Gregory Becker, was sitting on the Board of Directors of his regulator, the Federal Reserve Bank of San Francisco.

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Oh, and by the way, the Fed member banks in each of the 12 Federal Reserve Districts that can choose to be regulated by the Fed, literally own their regulator. That’s right, they own the stock in their regional Fed bank, which is a private institution, unlike the Federal Reserve in Washington, D.C. which is an “independent” federal agency. (See, for example, These Are the Banks that Own the New York Fed and Its Money Button.)

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Adding to the ongoing arrogance of the Fed, its Chairman, Jerome Powell, released a statement two minutes after the market closed yesterday, stating that “The events surrounding Silicon Valley Bank demand a thorough, transparent, and swift review…” So, once again, it’s decided to investigate itself. The Fed’s Vice Chairman for Supervision, Michael Barr, will oversee the investigation.

Bankruptcy Judge Says Celsius Crypto Investors Don’t Own Their Accounts

Tina Marie (Ms. Cat)

A bankruptcy judge has dashed the dreams of investors hoping to retrieve their crypto funds from Celsius. It turns out, assets placed in the now-defunct crypto exchange’s high interest “Earn Accounts” belong to Celsius, not the account holders, according to a Wednesday ruling from Judge Martin Glenn.

Bankruptcy Judge Says Celsius Crypto Investors Don’t Own Their Accounts

H/T: Steve Lehto