Friday, July 5, 2024
LATEST FROM WOLVERINE, 5 JULY
Thurs. 4 July 2024 Wolverine
WOLVERINE
Since MarkZ let it out of the bag
Brazil starts payments on Friday 👂🏻👂🏻👂🏻👂🏻👂🏻
Blessings
Wolverine
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I totally agree with Mr Salvage
Mr Salvage: BREAKING NEWS FROM BRAZIL:
• Levels 4A and 4B are ready to receive notifications.
• The United States is under pressure to release NESARA.
• Wells Fargo and HSBC are on high alert
• All transactions are under military supervision.
• All payers are ready and funded
• All notifications will be released globally.
• All funds will be distributed globally
• The RUMOR is that they expect this to happen during the week.
Japan names new
...FOR READ MORE: https://dinarevaluation.blogspot.com/2024/07/latest-from-wolverine-4-july.html
Vietnam's Digital Payments Landscape: A Look at the Emerging Trends FROM SEEDS OF WISDOM TELEGRAM ROOM, 5 JULY
Vietnam's Digital Payments Landscape: A Look at the Emerging Trends
Vietnam's digital payment ecosystem is undergoing a remarkable transformation, driven by a tech-savvy population, government initiatives, and innovative financial solutions. Over the past decade, the country has seen a surge in digital payment adoption, making cashless transactions a way of life for millions of Vietnamese people.
Vietnam's digital payment revolution is marked by a shift away from cash transactions toward convenient, secure, and efficient digital payment methods. E-wallets, QR code payments, contactless cards, and innovative fintech solutions have played a pivotal role in reshaping the country's payments landscape.
Read more: FinExtra
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BRICS and XRP
"In its foundational documents, including summit declarations and joint communiqués, BRICS emphasizes key principles like respect for sovereignty, non-interference in the internal affairs of member states, and a commitment to a multipolar world. These documents typically revolve around topics such as trade, investment, technology, and sustainable development."
BRICS and XRPL: A Surprising Convergence
"Surprisingly, within the realm of these documents, a unique convergence with blockchain technology, particularly Ripple’s XRPL, becomes apparent. The mention of XRPL within BRICS documents reflects an acknowledgment of the potential of blockchain technology to reshape the global financial landscape. This recognition indicates that the member nations of BRICS perceive blockchain as a strategic enabler for enhancing financial systems, fostering transparency, and promoting efficient cross-border transactions."
"Ripple’s XRP Ledger (XRPL)
stands out in the blockchain space due to its focus on facilitating real-time, cross-border transactions with minimal fees. Unlike traditional financial systems, which can be slow, costly, and subject to intermediaries, XRPL’s decentralized nature allows for seamless peer-to-peer transactions, enabling faster remittances and lower fees. So, the integration of XRPL technology could potentially streamline trade and investment between BRICS member states, promoting economic growth and collaboration."
© Newshounds News™
Read more: All Coin Buzz
Iran, Turkmenistan sign agreement to supply Iraq with gas
The official Iranian media reported on Thursday that, following extensive discussions, an agreement regulating the exchange of gas between Iran and Turkmenistan was signed.
On Wednesday, Iran and Turkmenistan signed a contract to exchange gas for Iraqi use.
The Iranian Diplomat to Turkmenistan, Ali Mojtaba Roozbahani, and the Director of the public gas organization of Turkmenistan (Turkmengaz), Maksat Babayev, went to a service held to sign the agreement.
A joint assertion gave by the two sides referenced that Turkmenistan and Iran have been working for a really long time to foster collaboration in the gas area in light of shared interests.
The assertion outlined that the valuable experience of participation in gas trades from Turkmenistan to Iran and afterward to a third nation gave a strong stage to expanding the extent of reciprocal collaboration around here.
WHAT IS A TIER ONE BANK? BY GOLDILOCKS, 5 JULY
GOLDILOCKS
WHAT IS A TIER ONE BANK?
"Banking regulations known as the Basel Accords require banks to have different types of capital on hand. These liquid and cash assets balance out the risk-weighted assets that banks hold. This increases banks' stability, which increases the stability of the overall financial system. "
"Tier 1 capital is the primary funding source of the bank. Typically, it holds nearly all of the bank's accumulated funds. These funds are generated specifically to support banks when losses are absorbed so that regular business functions do not have to be shut down. Under Basel III, the minimum tier 1 capital ratio is 10.5%."
"What Do the Basel Accords Do?"
"The Basel Accords are international banking regulations that ensure banks have enough capital on hand both to meet their obligations and absorb any unexpected losses. They are set by the Basel Committee on Bank Supervision (BCBS)."
© Newshounds News™
Read more: Investopedia
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