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Australia closer to a cashless society

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News Date: August 17, 2020

Australia's big four banks remove thousands of ATMs and shut down hundreds of branches as the coronavirus crisis pushes nation closer to a cashless society.
Sources:www.dailymail.co.uk, www.atmmarketplace.com

CEOs resigning conspiracy theory

Over 24 hours the CEOs of Disney, MasterCard & Salesforce Resigned.
Over Past Month, CEOs of Hulu, LinkedIn, Uber Eats, MGM, IBM, etc. resigned.
Over the past year, 1300+ Global CEOs resigned.
Market Crash? Child Rink bust? Rapture?
Source:reuters.com

Debt Jubilee by Trump pick to lead World Bank

President of the WorldBank Group remarks to G20 Finance Ministers & Central Bank Governors I emphasized the need for further progress on:
1. Debt Suspension;
2. Debt Reduction;
3. Debt Resolution;
4. Debt Transparency.
The situation in developing countries is increasingly desperate. Time is short. We need to take action quickly on debt suspension, debt reduction, debt resolution mechanisms and debt transparency.
WASHINGTON, July 18, 2020
Full remarks here:www.worldbank.org
US President Donald Trump has nominated David Malpass as his pick for the next World Bank president:
Source:www.whitehouse.gov

Apollo gold-backed cryptocurrency of The United Allied States UAS

United Allied States (UAS) is an independent, sovereign entity with the determination to become the freest and most prosperous nation on Earth. The nation promotes the values of freedom; respect for human life; and free-market enterprise.
Official website:uas.govt.agency
UAS is pleased to announce a partnership with Apollo Fintech, a leading technology company developing interconnected solutions for government including blockchain systems.
Apollo to create a gold-backed currency for the country in conjunction with the CBZ Bank of Zimbabwe.
Official websites:aplfintech.com, apollocurrency.com
News & Media:
1. United Allied States (UAS) Shares Vision to Build a Global Nation of Sovereign States
2. Apollo Shaping Fintech Using Government Utility Solutions
3. Zimbabwe Going Gold Standard with Advanced Financial Technology (Fintech)

Central Bank digital currencies Competition

China CBDC Pilot Program Beats West to the Punch.
Chinas Ministry of Commerce has announced the pilot run of the country's central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau.
Bitcoin and Facebooks Libra cryptocurrency may eventually be in competition with central bank digital currencies.
Source:www.securities.io, www.forbes.com

Ripple XRP joins ISO 20022 The Global Payment Standard

Cross-border payments network Ripple (XRP) announced that it has become part of the ISO 20022 Standards Body, becoming its first member focused on distributed ledger technology (DLT). The new payment messaging standard is set to replace SWIFT MT messages as the standard format for cross-border and high-value payments.
Source:coinspeaker.com

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