Russia to continue Mir bankcard expansion

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News Date: September 17, 2022

Mir is a payment and money transfer system operated by the Russian National Payment Card System.
The Russian Mir payments system is expanding to other countries in 2022.
Russia's central bank on Friday pledged to keep expanding the number of countries that accept its Mir bank cards.
Source: reuters.com

Germany Basic Income of $1,400 every month experiment

As part of the study, 120 people will receive E1,200, or about $1,430, each month for three years - an amount just above Germany's poverty line - and researchers will compare their experiences with another group of 1,380 people who will not receive the payments.
Source:themindunleashed.com

Federal Reserve Endorses Ethereum-Backed Alternative To Libor

Jerome Powell, the current Chair of the US Federal Reserve, recently stated that an Ethereum-backed blockchain project operating as a reference rate called AMERIBOR could serve as a potential replacement to LIBOR.
Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin, USD Coin (USDC). USD Coin is on the Ethereum blockchain. The execution of issuing and redeeming USDC tokens is ensured with ERC-20 smart contract.
Source: forbes.com
A district court in China has reportedly ruled that Ethereum's cryptocurrency is legal property with economic value.
While cryptocurrency is not legal tender in China, people can hold and transfer them like property.
Source: bitcoin.com

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

White House illuminated in purple and gold

On Wednesday, August 26, the White House was illuminated in purple and gold to celebrate the centennial anniversary of the 19th Amendment and honor the women who fought for the right to vote!
Gold = Nesara & Gesara
Silver = Light
Purple = Equality of color, race, gender.
Source:twitter.com/WhiteHouse

The world awaits the leader of the free world

Senator Gerard Rennick: This election is not over in the states 17 states just sued the other states and we will see who is the leader of the free world come back next year.
Australian Senate awaits the results of the election for the Free World. The world is depending on the US election, on POTUS.
In the Australian Senate Senator Rennick from Queensland keeps his colleagues up to date with the latest lawsuit by 18 states to overturn the American presidential election.
Sources: twitter.com