GESARA cryptocurrency? Your Everyday Money - YEM and Digital Yuan on blockchain
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News Date: June 8, 2020
Diving into what is Rainbow Currency, I have just found SOMETHING HUGE IS COMING!
Is this NESARA/GESARA currency specified in the act?
"Creates a new U.S. Treasury rainbow currency backed by gold, silver, and platinum precious metals..."(NESARA section 10)
The Rainbow Currency (Trading Symbol YEM) has been created late 2017 by more than 3,700 Internet users from 157 different countries. First launched on the public Ethereum blockchain, Rainbow Currency moved in August 2018 to a private blockchain called TwnklChain.
Official websites: rainbowcurrency.com
yemfoundation.org
The symbol looks similar to China's Digital Yuan, already launched.
YEM stands for Your Everyday Money.
At this moment YEM is ranked at the 4th level on market under Bitcoin.
Rank:cryptorank.online/market
Exchanger:cryptocoin.house
Vance Backs Trump on Fed Influence
Senator JD Vance, R-Ohio, who is former President Trump's vice presidential nominee, expressed support for Trump's idea that U.S. presidents should have a say in the Federal Reserve's monetary policy decisions, including interest rate changes.In an interview on CNN's "State of the Union," Vance agreed with Trump, arguing that such decisions should involve America's elected leaders and not be left solely to the independent Federal Reserve.
Vance acknowledged that this would mark a significant shift from the traditional approach, where the Fed operates independently of political influence, but emphasized that Trump is advocating for greater political input, not direct control, over monetary policy.
Zimbabwe introduces new digital currency backed by gold
Zimbabwe to create new digital currency backed by gold.As part of efforts to stabilize the local currency, the Reserve Bank of Zimbabwe (RBZ) is preparing to launch a digital currency backed by gold that will be accepted as legal tender for transactions in the nation.
The RBZ will take the first steps toward using the nation's gold reserves to anchor the Zimbabwe dollar with the introduction of the digital gold tokens, a kind of electronic money backed by gold stored at the RBZ.
Vatican entities to move all funds to Vatican ASAP
Pope Francis instructs Vatican entities to move all funds to the Vatican bank by September 30.Pope Francis has ordered that the Holy See and connected entities move all financial assets to the Institute for Works of Religion (IOR), commonly known as the Vatican bank.
The subject of the transfer are the institutions connected with the Holy See that are holders of financial assets and liquidity, in whatever form they are held.
Source: catholicnewsagency.com
Egypt is expected to join BRICS
Egypt plans to issue yuan-denominated bonds worth more than $500 million - Finance Minister Mohamed Maait.Russia is negotiating the use of Mir payment card with several countries, including Egypt.
There are reports of Egypt preparing apps to join BRICS.
The president of the BRICS International Forum expects Turkey, Egypt, and Saudi Arabia to join the group "very soon".
Source: reuters.com
Russia is increasing its reserves with safe assets
According to the head of the central bank, Russia is increasing its reserves with assets that the West cannot sanction.Elvira Nabiullina, the governor of the Russian Central Bank, stated on Tuesday that Russia is increasing its foreign reserves using assets that are immune to Western sanctions.
The central bank has previously stated that it believes that cash-held foreign currency, gold, and the Chinese yuan are safe.