Patent WO2020060606 cryptocurrency system using body activity data

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News Date: May 5, 2020

Microsoft Patents New Cryptocurrency System Using Body Activity Data.
Patent number: WO2020060606
Microsoft is recently issued a patent for a device that is implanted under your skin that tracks your movements, allows for cashless payments, and even allows for medical tracking
Source:patentscope.wipo.int

Ripple Swell event 2021

Ripple Swell is the annual conference held by the American technology company Ripple.
It is a private event for Ripple customers, prospects, and partners only.
Ripple Swell event 2021 is coming on November 9-10, virtual-only.
Leading industry discussions, networking, and interactive surprises.
Maybe Ripple is planning to announce something big.
Sources: swell.ripple.com

Gold Standard on Kremlin Desk

Russian president Vladimir Putin is discussing the idea of pegging the Ruble to gold And Commodities.
If approved this would directly link Russia's currency to gold bullion for the first time in more than a century.
Linking the ruble to bullion could give Russia more "sovereignty" over its financial system.
However, the governor of Russia's central bank, Elvira Nabiullina, told reporters the idea was "not being discussed in any way".
Full article: Reuters

RippleNet Listed as Direct Alternative to SWIFT

RippleNet Listed as Direct Alternative to SWIFT by Arab Monetary Fund Group.
Arab Regional Fintech Group report, "Central Bank Digital Currencies: A Practical Guide for Arab Central Banks."
Mentions Ripple as an alternative system in two places.
The paper also specifically named Ripple XRP as a unique cryptocurrency insofar as it was one of the first "designed primarily for payments," in contrast to most crypto assets which were labeled as "speculative" stores of value.
Including a direct link to Ripple's "Future of CBDC" report, the advisory paper clearly sees Ripple as having a serious role to play in the future blockchain-based, global financial infrastructure.
Source: www.amf.org.ae

Digital Yuan for Cross-Border payments launched

In Hong Kong, the Bank of China is leading the push for widespread cross-border usage of the digital yuan.
From experimental programs to cutting-edge applications, they have advanced.
One such application allows guests from the mainland to add more money to their Octopus cards using digital yuan.
In a different development, PetroChina successfully executed the first global trade of crude oil using e-CNY, the digital currency of the Chinese central bank, with the intention of extending its use worldwide.
As of June, transactions on China's highly advanced CBDC had totaled 1.8 trillion yuan.

Antiwar Measures From NDAA

The House version of the 2020 National Defense Authorization Act (NDAA) set aside an irresponsibly large amount of money for military spending, but it also added some antiwar amendments and other very basic limitations. The House and Senate versions have now been reconciled into a final bill, and materially all of the limitations that the House voted on and approved.
Source:www.activistpost.com