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

US Patent for Quantum computing in business problems

Accenture Awarded US Patent for Combining Classical and Quantum Computing with Potential to Address Previously Unsolvable Business Problems.
Quantum computing has the potential to solve complex business problems millions of times faster than classical computing by leveraging the properties of quantum physics to process multiple computing tasks in parallel.
Accenture new patent - U.S. Patent No. 10,095,981 - reveals how businesses could take advantage of the best aspects of both classical and quantum computing techniques to enable breakthrough solutions to problems that could not be solved before.
Sources: www.businesswire.com

CBI resumes sale of gold coins and bars

The Central Bank of Iraq has announced its decision to resume the sale of bullion and gold coins through an electronic platform, starting immediately.
Government and private banks can now participate in buying these assets through the dedicated electronic platform, subject to the Central Bank's guidelines and controls.
This move is set to modernize and streamline the precious metals market in Iraq, making it more accessible and transparent for all parties involved.

India Is Mulling Rupee-Ruble Payments System

India is discussing how to set up a rupee-ruble payment mechanism to enable it to trade with Russia, to circumvent the U.S. sanctions regime.
During the last several months, several considerations have prompted the Modi government to rethink the wisdom of putting all its eggs in the U.S. basket.
Instead, India is returning to a more balanced approach, assessing its national interests vis-a-vis those of other countries and acting accordingly.
To Be Non-Aligned on Russia Policy Implies India Finding Trade Workaround.
Source: nakedcapitalism.com

Central Banks lost control! Gold currency trust

Major central banks have totally lost control and the world economy is now floating around helplessly without direction.
Since sound money must be scarce, fiat money can never be sound since unlimited amounts can be and have been created. One of the very important features of gold is that it is scarce. The total global gold stock only increases by 1.7% or 3,000 tones per annum.
So scarcity is one of the important reasons why gold is the only currency that has survived in history.
Source:www.zerohedge.com

Trump surrounded by 1776 flags

President Donald Trump made his speech at the North Carolina Republican Party annual State Convention in Greenville, NC, June 5.
Trump is flanked by 1776 flags and he says: Stay Tuned!
On April 12, 1776, North Carolina Provincial Congress authorized its delegates to the Second Continental Congress to vote for independence from Great Britain. The first formal call for American sovereignty.
Sources: www.youtube.com