Arca first SEC regulated fund Ethereum based

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News Date: July 12, 2020

Asset management firm Arca has announced the first-ever products regulated under current SEC standards(U.S. Securities and Exchange Commission), adhering to the strictest investor protection laws globally.
Financial institutions could potentially use these digital assets for a wide range of use cases, including payments, lending, clearing and settlement, trading and treasury management.
Arca Labs, chose the Ethereum blockchain, one of the largest public blockchains, launching so-called digital securities ArCoin, which uses the ERC-1404 protocol.
Source: www.ar.ca

Satellites transferred to Space Force by October

While the Democrats in Congress are Trying to Abolish the Space Force, The chief of Space Operations announced the transfer of Army and Navy satellite communications billets, funding, and mission responsibility to the U.S. Space Force.
At the beginning of October, some of the satellite communications responsibilities of the US Army and US Navy will officially transfer to the hands of Space Force DoD.
The move puts basically all of the DODs narrowband, wideband, and protected SATCOM under control of the U.S. Space Force.
Now all of that training, operations, acquisition, and sustainment and follow-on activities, user allocations - all of that, will be consolidated under the Space Force to create that unity of effort, and hopefully gain the ability to be more resilient, more dynamic, and ultimately more efficient with that mission set.
Sources: www.defense.gov, www.theepochtimes.com

Emergency Alert System reminder

The US Federal Communications Commission, Enforcement Bureau, Reminds EAS Participants of Compliance Obligations.
FCC issues enforcement advisory reminding Emergency Alert System participants of compliance obligations, including ensuring alerts are accessible to people with disabilities.
The storm is upon us. We are ready now!
Details: www.fcc.gov

US Debt Relief: Creditor Law Group Wipes Out $1B+

Creditor Law Group has made a significant impact by nullifying over $1 billion in debt for households across the US, providing relief amidst record-high levels of household debt.
As the popularity of debt relief options such as debt invalidation grows, the complex process offers relief by challenging the validity of debt.
Optimal results are achieved by working with specialized lawyers in this field.
"One common method to invalidate debt is to challenge the validity of the related documentation.
During reviews of the relevant paperwork, we have often found that important information is either missing or incomplete.
Sometimes, a creditor may lack the proper documentation to prove that the debt is valid.
In certain cases, debt invalidation can be based on violations of consumer protection laws, as when a creditor engages in unfair or deceptive practices.
Typical violations include harassment by debt collectors, misrepresentation of the amount owed, or unauthorized charges."
Creditor Law Group explains.

BRICS Currency is imminent

Sergey Glazyev, a great Russian economist and politician, foresees the imminence of the planned BRICS common currency.
"The emergence of a new settlement currency is inevitable because the current international monetary situation is irrational," the Russian economist stated.
Not only that the international monetary situation is irrational, but also the fact that the political and military chaos generated sanctions and forced the eastern states to de-dollarize.

Donald Trump: No Income Taxes at All

During a Fox News appearance on Monday, Donald Trump took questions at a Bronx barbershop.
When asked about eliminating federal taxation, Trump suggested the U.S. could return to the 19th-century economic model, which had no federal income tax.
Fox aired a quick, confident response from Trump: "There is a way."
However, the full conversation revealed Trump only answered after several minutes of unrelated discussion, with the audience member repeatedly redirecting him to the tax question.
Fox News later confirmed the event was edited for time and clarity.