Iran Joins Russia in BRICS Currency Initiative
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News Date: May 19, 2024
Iran is collaborating with Russia in BRICS initiatives, including developing a single currency for the bloc, according to Iranian Ambassador to Russia Kazem Jalali.
He highlighted Iran's active role as a new BRICS member at the Russia-Islamic World: KazanForum.
"The creation of a new single currency within the framework of the association is what Russia and Iran are working on," the diplomat stated.
Government documents from 2014 refer to XRP
The United States Government Accountability Office:Other virtual currencies that have been created are not based on the bitcoin protocol.
One of the more prominent examples is XRP, which is used within a decentralized payment system called Ripple.
Ripple allows users to make peer-to-peer transfers in any currency.
A key function of XRP is to facilitate the conversion from one currency to another.
For example, if a direct conversion between Mexican pesos and Thai baht is not available, the pesos can be exchanged for XRP, and then the XRP for baht.
Source: www.gao.gov
FinX tap into the QFS via Stellar
Have you Heard about the FinX token in the stellar network, a new token implemented in the new quantum system that we are moving to?FinX was started as an initiative to support the integration of retail users into the Quantum Financial System.
FinX is a decentralized network based on sovereignty and commerce. Its goal is to provide a platform optimized for the upcoming Quantum Financial System and enterprise-ready tokens to be used in the new generation of Blockchain.
Their goal is to tap into the QFS (Quantum Financial System), the new global network for the transfer of asset-backed funds, and replaces the centrally controlled outdated SWIFT Systems. FinX assets are created within the Stellar.
Sources: finx.org
H.R.25, A bill to repeal the income tax
H.R.25A BILL To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled.
Source:https://www.congress.gov
Lebanon Cancels Central Bank Debts, Which is next?
Lebanon Recovery Plan Includes Central Bank Debt Write-Off, Haircuts to Depositors.The government foresees canceling a large part of the central bank's foreign currency obligations to commercial banks.
The plan includes several measures that are prerequisites to unlock funds from a preliminary deal with the IMF agreed in April.
Sources: usnews.com
Trump established Israel and UAE peace
With Trumps help, Israel and the United Arab Emirates reach historic deal to normalize relations.Israel and the United Arab Emirates reached a historic peace deal on Thursday that will lead to a full normalization of diplomatic relations.
This will advance the region, and this will advance the whole world.
This is GESARA, for those who want more proofs.
Source:https://twitter.com/WhiteHouse


