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Golden Christmas to You!

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News Date: December 24, 2020

May the good times and treasures of the present become the golden memories of tomorrow. Wish you lots of love, joy, and happiness.
May you have the spirit of Christmas which is Peace, the gladness of Christmas which is Hope, and the Heart of Christmas which is Love.
Wish you a Merry Christmas and may this festival bring abundant joy and happiness in your life!
Best regards,: gesara.news

Gold and Rubles Exchanged in Digital Form

Digital Gold Traded for Digital Rubles by Russia's Rosbank.
Rosbank has brokered Russia's first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble.
Source: bitcoin.com

China astounding Gold reserves to be revealed in CDBC announcement

China hoarded an enormous amount of the precious metal.
China Gold reserves to be revealed in Central Bank Digital Currency announcement that threatens U.S. currency hegemony.
It is expected a major announcement of Chinese gold holdings that would astound most analysts would probably be accompanied with any Central Bank Digital Currency release and mention of gold backing.
Source: asiamarkets

Debts forgiveness and peace at the Russia-Africa summit

Vladimir Putin hosted the Russia-Africa summit in St. Petersburg from July 27 to 28.
Putin: The total amount of debt of the African countries written off by Russia amounts to $23 billion dollars with another $90 million to be allocated for the same purposes.
Vladimir Putin, the president of Russia, also stated on Friday that Moscow is closely analyzing suggestions made by several African leaders to put an end to the conflict in Ukraine.

Student debt relief announcement

The Biden administration is canceling up to $20,000 in student debt for Pell Grant recipients, up to $10,000 for individual borrowers who make under $125,000 per year, and extending the pause on repayments by four months, the White House announced on Wednesday.
Sources: axios.com

Arca first SEC regulated fund Ethereum based

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

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