Goldilocks and Seeds of Wisdom

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted commentaries and links:

There is a looming debt limit, and the question on everyone’s mind is can the Democrats and the GOP reach a deal?

The issues are to limit government spending on one side and unlimited spending to promote an agenda on the other.

Either side that wins will not be enough to save us from a debt crisis.

There are no easy answers. One thing is for certain, more banking regulations are on the way.

Banks continue to launch artificial intelligence programs in the banking system.

These AI banking systems help people calculate a path to success upon programs they wish to implement for companies.

This level of adoption is reaching the masses at this point from around the world.

https://www.hubbis.com/news/hsbc-launches-ai-powered-structured-product-for-private-banking-clients-in-asia

https://www.globenewswire.com/news-release/2023/03/29/2636719/0/en/Seattle-Bank-Partners-with-JUDI-AI-to-Simplify-the-Lending-Process-for-Small-Businesses.html

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“Today the BIS Committee on Payments and Market Infrastructures (CPMI) published its final report (https://www.bis.org/cpmi/publ/d216.htm) on increasing the adoption of payment versus payment (PvP) in foreign exchange (FX) transactions.”

PvP is a mechanism which ensures the final transfer of a payment in one currency occurs “if” the final transfer of a payment in another currency or currencies takes place.

A final paper has been completed, the next step is to move it forward for legislation.

https://www.bis.org/cpmi/publ/d216.htm

https://www.ledgerinsights.com/bis-pvp-fx-settlement-most-use-dlt/

Goldilocks’ Telegram Room

https://t.me/+YU9UrHLxFbszOTJh

Goldilocks on the Seeds of Wisdom Team Website

https://www.seedsofwisdomteam.com/goldilocks

Thank you Dinar Recaps