GOLDILOCKS
“Enthusiastic members of the XRP community are rejoicing over a recent development that could significantly influence the future of the Ripple-supported token. A fresh research paper by the European Corporate Governance Institute (ECGI) has reinforced the classification of XRP as a utility token, aligning with a U.S. federal court ruling in July 2023.”
Today, the European Union begins testing it’s instant payment service on MICA. It is expected that Ripple is a part of this transaction due to its ability to transact two assets between each other within seconds.
This makes Ripple a recognized Network capable of making instant payment settlements possible. Europe is currently testing and regulating the new Global Crypto Standards and/or Regulations that will apply to digital economies wherever they are.
I do find this interesting that a change of this magnitude is happening on the same day as an eclipse. An eclipse symbolizes hidden truths being revealed and a movement into higher learning.
TimesTabloid
Times of India
Crypto Weekly
This truly is a Biblical moment.
© Goldilocks
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Economy News – Baghdad
The Central Bank of Iraq decided to launch Enjaz bonds worth 1.5 trillion dinars in implementation of the Financial Budget Law for the years 2023-2025
According to a document, issued by the Central Bank, obtained by “Economy News”, “the issuance of public debt bonds is offered to the public in the name of completion bonds in the amount of 1.5 trillion dinars,” noting that the Central Bank issues this bond on behalf of the Ministry of Finance.
The document confirmed that the bonds in the first two categories 500 thousand dinars at an interest of 6.5% per year are paid every 6 months for two years while the second One million dinars with an interest of 8.5% paid every six months for four years.
The sale of the bonds begins on April 15, 2024 to May 15, 2024, the document added.
Injaz bonds are the highest benefit after the reconstruction and build bonds, which reached an interest rate of 7% per year.
Search4Dinar
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“EBA analysis found that the models used by banks produce a lower risk rating for high carbon than low carbon sectors.”
The European Banking Authority is finding that capital requirements need to shift from outdated fossil fuel regulatory preferences to newly updated risk assets that will carry us into the future.
The new tokenized assets in process of being regulated will help bridge this gap and make this transition in the energy sector of the market a possibility.
As these new Banking and Market reforms are adjusted, we will see new ratio and price developments form inside the new digital economy. It will allow us to interface new price arrangements on the QFS.
Regulation Asia
CNBC
© Goldilocks
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