VISA & Currencycloud with Ripple on cross-border payments

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News Date: July 19, 2020

Currencycloud to focus on new territories currently under-represented for SMEs, to make global movement of money more efficient.
Currencycloud, the global leader in providing embedded B2B cross-border payments for platforms of the future, announced a partnership with Ripple, the enterprise blockchain solution for global payments. RippleNet, Ripple's global financial payments network, makes it easy for its diverse network of financial institutions worldwide to enable faster, lower-cost payments around the world.
Visa partner Currencycloud is now working with Ripple to expand their business-to-business cross-border payments platform.
Sources:dailyhodl.com, www.currencycloud.com

Cryptocurrency Market Reactions to Regulatory News

The U.S. Federal Reserve reveals that the cryptocurrency XRP didn't show great reaction or movements in price to regulatory news in the past.
Bitcoin, Litecoin, Bitcoin Cash and Ethereum showed a bigger reaction in terms of price-performance to regulatory news.

Source:dallasfed.org

Fiat destruction. Crypto or gold?

The world stands on the threshold of monetary hyperinflation with the US dollar leading the way. The final months of fiat money are coming into view.
The final solution is bound to be with central banks and government treasury departments retaining their control as issuers of money by the only means at their disposal: deploying their gold reserves to back their currencies, not as fiat, but as credible gold substitutes.
The crypto cohort is likely to have an important effect, in that it sparks an early realization in a growing part of the wider population about what government is doing with money. That is likely to speed up the collapse of fiat currencies compared to what would otherwise occur.
The flexibility in the supply of monetary gold and the stability of prices allows the original rate of interest to be both low and stable. It allows entrepreneurs to do business calculations with a high degree of certainty, knowing in terms of goods the value of money. And savers, who provide the monetary capital for future production can be confident of the future capital value of their savings when lending them for business investment purposes.
Sources: kingworldnews.com, www.zerohedge.com

Trump Purges 11 Leading Advisors From Defense Policy Board

Several members of the top federal advisory committee to the U.S. Department of Defense have been suddenly pushed out, multiple U.S. officials told Foreign Policy, in what appears to be the outgoing Trump administrations parting shot at scions of the foreign-policy establishment.
The directive removes 11 high-profile advisors from the Defense Policy Board, including former Secretaries of State Henry Kissinger and Madeleine Albright; retired Adm. Gary Roughead, who served as chief of naval operations; and a onetime ranking member of the House Intelligence Committee, Jane Harman. Rudy De Leon, a former chief operating officer at the Pentagon once considered by then-Defense Secretary James Mattis for a high-level policy role, will also be ousted.
Sources: twitter.com, foreignpolicy.com

Merry Christmas to our community!

Wishing you a Christmas filled with the warmth of love, the joy of togetherness, and the blessings of peace.
May this festive season bring laughter to your homes, happiness to your hearts, and a renewed sense of hope for the coming year.
Thank you for being part of our community. Your support means the world to us. Here's to celebrating the spirit of love, kindness, and generosity not just today, but throughout the year.
Merry Christmas and abundant blessings to you and your loved ones.

Trump disappointed in blocking benefits

Very disappointed in Chuck Schumer for blocking the temporary extension of the $600 unemployment benefits. The Do Nothing Democrats are more interested in playing politics than in helping our deserving people. DRAIN THE SWAMP ON NOVEMBER 3RD!
Source:twitter.com