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“Hong Kong has launched a public consultation on proposed legislation for regulating over-the-counter virtual asset trading, the jurisdiction’s website said on Thursday.”
The public consultation will give the public time to voice their concerns about the regulatory proposals of stablecoins.
The final step will be the implementation of government licensing for digital asset providers of OTC trading services.
The consultation will last until April 12, 2024. At that time, the rollout of the sandbox of many Global Stablecoins tested in their pilot program will be available for Global Trade. The Block
© Goldilocks
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There have been many debates about the use of XRP as a stablecoin as of late.
Many prominent institutions have been calling for a gold-backed stablecoin from institutions like the World Bank, International Monetary Fund (IMF), and World Gold Council.
These institutions have been encouraging the development of such a project so Central Banks could tokenize their gold reserves.
Nothing has been turned into a form of an announcement yet, but it sure does look like the IMF, the World Bank, and the World Gold Council would like to see this happen through XRP.
It would not be a surprise to this author that a Bretton Woods announcement including a gold-backed stablecoin such as Ripple would lead the way. CoinGape
© Goldilocks
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Trade Finance Poised for Digital Revolution Though Obstacles Remain – Fintech Singapore
“The trade finance industry has been aspiring for greater digitalization, striving to tap into potential benefits such as improved transparency, efficiency, risk mitigation and support for small and medium-sized enterprises (SMEs).
But despite some progress, advancements have been slow for the past few decades due to legal obstacles, the lack of standards, and the need for unifying technologies, a new paper by Deutsche Bank says.
The paper, titled “A Guide to Digital Trade Finance”, examines the progress that has been made so far, as well as what is still needed on the road ahead. The guide provides a practical toolkit for the industry, leveraging expert opinions from various stakeholders to explore the role of banks in digitalization initiatives, legal frameworks, international standards and innovative technologies.”
Watch what happens when Stablecoin clarity and Protocol 20 begin to expand. Fintech News
Watch the water.
© Goldilocks
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Rose Rambles... 
“Watch the Water:” Yes. Would you explain to “what” is being referenced here precisely? Thank you!!!
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The question of the moment! 😊💕🌹
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I “feel” it has something to do with EMOTO’S WATER IN US first of all.
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Yes…frequency in water or thoughts programmed into water can make you sick or heal you but WATCH THE WATER….is about how they are poisoning us with venom in the water, spraying it in the air, etc….
Also what those jabs do is create a venom manufacturing machines so you are making those venoms in your cells if you got those jabs…although some got a placebo which they had to do because they needed some to survive and not have symptoms to promote it so they could say ‘I got it and nothing happened to me’.
So watch the water you drink. The chemicals they use to ‘clean’ the water as in tap water has a formula that contains venom peptides. It’s made by one company that supplies it to all the water treatment plants.
Many pharmecuticals, like blood pressure medicene and blood clot meds have venom in them. The whole CONvid agenda was to cull the masses.
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Yep. True. Hence, we must turn every stone. Quantum is here.
We were gifted with innate divine ‘INTUiTION in the womb. Some children do it quite well with this…however, the water in the womb can be muddled, too.,.
mothers are conduits in a way. This is serious stuff affecting’
the future of the human /soul speciel!!! Become SOLUTION ORIENTED, NOT PROBLEM ORIENTED. What would be my own
solution going forward is the question. Positive thinking is just
the beginning. Create a healthy and happy LIFE. It is a GIFT.
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Yes, know they enemy and heal thyself thru healthy choices and positive actions.
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I love that statement…SOLUTION oriented! Whoop-whoop! 😊🌹💕
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The whole CONvid agenda was originally to program the masses into new levels of complacency by the DS! 💕😊🌹😳
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And depopulation.
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Very much so…VERY much so! 💕😊🌹
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“Water” might pertain to WATERGATE..biggest disclosure on
Pedophiles (in D.C.) coming to the theatre nearest you. This
ought to lock down them Capitol forever. New Republic
headqtrs. is coming Texas !!!
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