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Alarmed by China's push, G-7 rushes to set digital currency rules


HAL1000
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Posted (edited)

https://asia.nikkei.com/Spotlight/Cryptocurrencies/Alarmed-by-China-s-push-G-7-rushes-to-set-digital-currency-rules

Keep in mind this presentation from Goldman Sachs:-

g7.png.344de4a447552ebda1d51837d5e055c7.png

 

And of course - Ripple Appoints Former Treasurer of the United States Rosie Rios to Board of Directors and Kristina Campbell as CFO

Also, as Rosie said "“The train has already left the station” and "let the future begin" :)

 

Edited by HAL1000
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On 6/10/2021 at 7:05 PM, HAL1000 said:

See Section Titled

Shaping a Safe and Prosperous Future for All

Digital Money and cross boarder payments are discussed in Paragraphs 17 & 18. 
In those para‘s the text mentions 

 "the Four Challenges of Cross-border Payments" which is defined in this link https://www.fsb.org/wp-content/uploads/P310521.pdf as

3.1. Cost ..................................................................................................................... 6
3.2. Speed .................................................................................................................. 7
3.3. Access ................................................................................................................. 8
3.4. Transparency ..................................................................................................... 10

Which countries are in the G7?

UK. US. Canada. France. Germany. Italy. Japan

This year the UK has the Presidency of the G7, which the member countries take turns to hold. 

Leaders from additional countries will also be attending the G7 Summit as guest countries invited by the UK. 

These are India, Australia, South Korea and South Africa.

Representatives from the EU will also be at the Summit.

——————————————————————————————

Crypto is being discussed in positive terms by the most powerful Western Leaders and allies 

 

 

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