Trump is seriously considering a capital gains tax cut

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News Date: August 11, 2020

Donald Trump is considering a capital gains tax cut in an effort to create more jobs.
- We are looking at also considering a capital gains tax cut, which would create a lot more jobs, said Trump Monday during a White House news conference.
Sources:www.youtube.com, bloomberg.com

China testing digital yuan in four cities

The app is available for download in four cities selected for the initial trial: Shenzhen, Chengdu, Suzhou and Xiongan. She highlights the inclusion of Xiongan, a new metropolis located on the outskirts of Beijing
Source:coindesk.com

Ripple Patent and Standard Outshines Swift

Blockchain payments technology firm Ripple has won a patent for a design that can execute smart contracts based on data collected from the outside world.
That means it Can Settle Derivatives And Oil Contracts.
Cross-border payments network Ripple (XRP) also announced in May that it has become part of the ISO 20022 Standards Body, becoming its first member focused on distributed ledger technology (DLT).
Sources:gesara.news, www.coindesk.com

Economic security is national security

President Donald Trump: We Cannot Have National Security Without Economic Security.
A Nation that does not protect prosperity at home cannot protect its interests abroad.
Under the banner of "economic security is national security," the Trump administration's corporate tax cuts now spur investment and catalyze innovation.
Sources: youtube.com, whitehouse.gov

Something will replace the US dollar

If Washington gets angry at you, it puts sanctions on you. That hurts everybody. So, the Chinese, the Russians, the Indians, the Brazilians, and other countries are starting to look for an alternative competing currency to the US dollar.
The US dollar is coming to its century or so of dominance, and something else will replace it.
Sources:www.rt.com

Ripple's Xumm Banking App Will Soon Be Ready for Mass Adoption

On behalf of Ripple, XRPL Labs has developed the banking app Xumm, which is based on the bridge currency XRP and should offer the same extensive functions as a bank account. The app works completely without third parties such as banks or other financial institutions and offers cross-border transactions in real-time.
Source:coinspeaker.com