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News Date: May 13, 2020

Once Anti-Bitcoin, JPMorgan Provides Banking Services to Crypto Exchanges Coinbase and Gemini.
Source:cointelegraph.com

The largest Tax Relief Package in Florida

Florida governor announces new Florida tax holidays and exemptions.
Ron DeSantis Signed the Largest Tax Relief Package in Florida History.
Florida tax relief bill focuses on saving money for families with young children.
The tax relief bill will save Floridians an estimated $1.1 billion.
Sources: fox35orlando.com

G-20 Plans Extraordinary Meeting to Discuss Debt Relief

Finance ministers and central bankers from the worlds largest economies plan to hold an extraordinary meeting on November 13 to discuss bolder action to help poor nations struggling to repay their debts.
The meeting could mark the next phase in the global debt-relief drive-by bolstering coordination between government creditors over how to restructure the debts of poor economies hit hard by the coronavirus pandemic.
Sources: finance.yahoo.com

Russia issued Gold-Backed Crypto Coins

The largest bank in Russia, Sber Bank, just announced that it has issued gold-backed digital assets on its own blockchain.
It is expected that this will attract a lot of new investors and institutions especially as there is a lot of concern about inflation for fiat currencies.
After all, many of the citizens in the country have started to use the blockchain as a method to preserve wealth and to transfer wealth without having any interference from a bank or government.
Sources: procoinnews

China testing digital yuan in four cities

The app is available for download in four cities selected for the initial trial: Shenzhen, Chengdu, Suzhou and Xiongan. She highlights the inclusion of Xiongan, a new metropolis located on the outskirts of Beijing
Source:coindesk.com

Gold Standard imminent

The current fiat international monetary system is ending - unconventional monetary policy has entered a dead end street and can't reverse.
Research reveals that European central banks have prepared a new international gold standard. Since the 1970s, policies that paved the way for an equitable and durable monetary system have gradually been implemented.
Sources:www.zerohedge.com