💥The International Monetary Fund’s Managing Director, Kristalina Georgieva, said that populism must be beheaded. And when do we behead the savage capitalism that devours the world...🤔
According to the South China Morning Post, Hong Kong plans to launch a gold token representing a standard gold bar, as part of an effort to become a global gold hub. Each token will be backed by a standard 400-troy-ounce physical gold bar, the format commonly traded in global wholesale markets such as the London Bullion Market Association.
The project uses the local gold benchmark price and aims to facilitate the settlement and transfer of value between banks and financial institutions. Built on Project Ensemble infrastructure, it draws on the tokenization and digital central bank money trials developed by the Hong Kong Monetary Authority through the Project Ensemble framework.
📢 Up to 12 years in prison proposed in Mexico for stealing electricity to mine cryptocurrencies
A Morena lawmaker in the Mexico City Congress has proposed punishing anyone who steals electricity to mine cryptocurrencies with 5 to 12 years in prison, and up to half again as much if there are aggravating circumstances, such as tapping into medium- or high-voltage lines. The proposal amends the Federal Penal Code, so…
#mexico #HongKong #china #GOLD #Tokenization $XAU $BTC
According to the South China Morning Post, Hong Kong plans to launch a gold token representing a standard gold bar, as part of an effort to become a global gold hub. Each token will be backed by a standard 400-troy-ounce physical gold bar, the format commonly traded in global wholesale markets such as the London Bullion Market Association.
The project uses the local gold benchmark price and aims to facilitate the settlement and transfer of value between banks and financial institutions. Built on Project Ensemble infrastructure, it draws on the tokenization and digital central bank money trials developed by the Hong Kong Monetary Authority through the Project Ensemble framework.
📢 Up to 12 years in prison proposed in Mexico for stealing electricity to mine cryptocurrencies
A Morena lawmaker in the Mexico City Congress has proposed punishing anyone who steals electricity to mine cryptocurrencies with 5 to 12 years in prison, and up to half again as much if there are aggravating circumstances, such as tapping into medium- or high-voltage lines. The proposal amends the Federal Penal Code, so…
#mexico #HongKong #china #GOLD #Tokenization $XAU $BTC
