National coin shortage
Gesara.news » News » National coin shortageNews Date: June 28, 2020
US is experiencing a national coin shortage in several states as an excuse to COVID-19 pandemic.
Also, The Federal Reserve ordered 34 major US banks to suspend share buybacks in the third quarter and limit dividend payments to shareholders.
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A Wed. 24 June afternoon Trump tweet "Gold is the Standard" was an announcement of the new Gold Standard through the GCR/RV final roll-out underway right now.
Official website: yemfoundation.org/faq
Gold-backed cryptocurrency is a type of crypto stablecoin where each token is backed with physical gold. With the token price pegged to the gold price, there is less price volatility compared to Bitcoin or other altcoins.
A guide to gold-backed cryptocurrency:
Also, Beijing announces a digital currency backed by gold:
Currently, PayPal can be used as an alternative means for withdrawing funds from exchanges such as Coinbase, but this would be a first in terms of offering direct sales of crypto.