Goldilocks’ Comments and Global Economic News Friday 4-26-2024
Good Evening
MICA Announcement:
“This summer, the first part of the EU’s MiCA Regulation will come into effect. Financial institutions (FIs) that are currently engaged in or exploring crypto assets will need to make operational adjustments.”
Markets in Crypto Assets (MICA) are finally coming to the final stages of completion for the QFS. Financial institutions seeking to participate on the new Digital System will be going through a regulatory process.
These MICA Regulations that will come to a conclusion on May 28th, 2024 in Europe will create a crypto-asset white paper. This white paper will report and create a set of guidelines for all countries to follow going forward in building their Quantum Technological Regulations
Financial institutions around the world will have until December 2024 to integrate their Quantum Technologies to the new Digital Asset Based Trading System. At that time, the new QFS will be operational Globally.
Here is what will be worked on between now and the end of the year:
* how financial values are stored and transacted (stablecoins)
* Movement from T+1 to T+0 instant payments in cross-border transactions
* Reducing counterparty risks
* Counteracting payment frauds
Many Credit Valuation Adjustments will be taking place between now and that time when the Global Currency Reset will come into play.
This is it folks. I know no one wants to hear this at this time. Yet, we are working with the United States, Europe, and the BRICS Nations aligning themselves with payment systems and tokenized assets that will govern our new Global Economy.
It’s been a long journey, but we are in the final stages. And, it is important that we pay close attention between now and Christmas to changes that can possibly move up these banking timelines.
As far as currencies are concerned, they will need to begin shifting at some point between now and Christmas. They may come as a float, become volatile, partial revaluation in some countries, but I expect final prices on these currencies or complete revaluations to come late to early next year.
There are three phases to this final process. I will be helping you to understand where we are as we move to each stage. The first two have to be done by Christmas. The last one is a continuation of the first two that has more to do with reporting procedures than payment processes.
In the meantime, we will clearly have Digital Assets moving into real values. This first RV is at the beginning stages of development right now.
You would do yourself a favor to find a good friend who understands what cryptos are going to be used in the next Financial System. You will be glad that you did. EY
© Goldilocks
~~~~~~~~~
SEBI Announcement:
“SEBI Proposes Framework for Price Discovery of Investment Companies”
Between now and the end of the year, SEBI has recommended that our new tokenized assets go through what is called a price discovery.
Securities and Exchange Board of India has made the above recommendation for their financial markets. In reality, this is what will be taking place around the world as well.
Price Discovery is when the markets synchronize their new price actions or correlations with each other based upon supply and demand.
Supply and demand recognize price actions that correspond with assessments on companies and those who buy their products’ actual ability to pay for items on the market.
In other words, we are about to go through what is called fair market valuations. This will include all sectors of the market including Forex. Indian Express IG
© Goldilocks
~~~~~~~~~
IBM to buy HashiCorp in $6.4 billion deal to expand in cloud
~~~~~~~~~
A MESSAGE FROM SAM OLIVER ON SILVER
LISTEN HERE:
~~~~~~~~~
Franklin Templeton Announces Availability of Peer-to-Peer Transfers for Franklin OnChain U.S. Government Money Fund | Business Wire
These Franklin Templeton assets that are tokenizing US Treasuries will have a correlating effect on gold and other commodities.
The tokenization of US Treasuries through Franklin Templeton Digital Assets will have their connection to the commodity sector giving them real values going forward.
This will be part of the credit valuation adjustments that will be taking place in the months ahead to give new price action adjustments on a new economy.
Everything is being tokenized, and within each of these tokens will be a corresponding commodity to give it a real price value for the QFS able to compute and regulate real-world assets.
© Goldilocks
👆 We are witnessing our markets transform into a new digital economy.
~~~~~~~~~
“All roads lead to gold, and ‘digital gold’ will set us free.”
© Goldilocks
~~~~~~~~~
Stellar The New Star: Analyst Predicts $0.47 Price Target | News BTC
~~~~~~~~~
Interior Department Implements Reforms in Federal Oil and Gas Leasing Regulations | The Presidential Prayer Team
“These are the most significant reforms to the federal oil and gas leasing program in decades, and they will cut wasteful speculation, increase returns for the public, and protect taxpayers from being saddled with the costs of environmental cleanups,” said Secretary Deb Haaland. “These reforms will help safeguard the health of our public lands and nearby communities for generations to come.”
~~~~~~~~~
Kalp Foundation Partners with Router Protocol to Facilitate Cross-Chain Interoperability of Real-World Assets | CXO Today
~~~~~~~~~
Q1 GDP Report Preview: What the Data Could Tell Us About the U.S. Economy | InvestorPlace
~~~~~~~~~
Law of Supply and Demand in Economics: How It Works | Investopedia
~~~~~~~~~
Jim Willie: 20 Reasons For Gold Price Breakout | Youtube
~~~~~~~~~
IBM to buy HashiCorp in $6.4 billion deal to expand in cloud, Telecom News, ET Telecom
~~~~~~~~~
Fed seeks 8,000 financial institutions for FedNow | Banking Dive
~~~~~~~~~
Granting waivers on Iranian oil only emboldens the ayatollahs | The Hill
~~~~~~~~~
Gold Could Hit $40,000 Per Ounce – Here’s How! | Lynette Zang Youtube
~~~~~~~~~
“National Bank of Iraq goes live with Temenos core banking and payments”
Will they work with Ripple? Probably…
More on this tomorrow…
© Goldilocks
