Podcasts about international settlements bis

Hosted byRhetta ChappellConversation withBrad Carr andDr Tom VerhelstJoin us for our season 4 opening episode featuring Brad Carr, Principal of Preparing Futures and Founding Director of the Australian Digital Trust Community.Drawing from his extensive professional experience including his time as NAB's former Chief Innovation Officer, and his personal interests which included studying Futurism at the University of Houston, Brad provides insights into:​Building a secure, inclusive and diverse digital identity ecosystem​AI's role in detecting and combating fraud​Tackling deepfakes and safeguarding online trustShow Notes:​Nicole Perlroth's book:This Is How They Tell Me the World Ends​The Bank of England's 'Future of Finance' report of June 2019, page 60:Future of Finance: Review on the outlook for the UK financial system​The Bank for International Settlements (BIS)'s Bulletin 42 in May 2021:Whom do consumers trust with their data? US survey evidence​HSBC UK provides support for survivors of human trafficking​HSBC bank accounts for people without a fixed address now available in over 100 branches​Connect ID and Hold Access White Paper:Identity in Crisis - Addressing the Gaps for Aboriginal and Torres Strait Islander Peoples​Identity Solutions for Indigenous Australia, with Jason-Urranndulla Davis by NAB Digital Next​David Birch and Victoria Richardson's book:Money In The Metaverse​Visa Verified stats for online fraud compared to BankID in Norway from chart shown in Rod Boothby's video:Rod Boothby on LinkedIn: #bankID #ecommerce #profits #simpleisbetter #banks​"99% of Norwegians aged 20-60 use BankID" from:NAB Digital Next: DigitalID - lessons from the Nordics - NAB News​"Norwegians use BankID an average of 220 times per year" from:Signicat | The state of digital identity in the Nordics 2021​Forbes "AI will have an estimated 21% net increase on the United States GDP by 2030":22 Top AI Statistics & Trends In 2025 – Forbes Advisor​Deepfakes and cheap fakes from NAB Digital Next Podcast:Brad Carr on LinkedIn: Key takeaways from Deloitte's Tech Trends 2024 report...​Hong Kong deepfake CFOFinance worker pays out $25 million after video call with deepfake 'chief financial officer' | CNN​Zoom Bank of America verification:Rod Boothby on LinkedIn: How do you prove that you are really you on Zoom?​Airport Economist:Tim Harcourt - Wikipedia​Games Venue BNE & Surrounds​Games Venue GC

In Part two of our discussion with Mel Mattison we explore the role of the securities entitlements during financial crises. This is a subject brought to light by David Rogers Webb in 'The Great Taking.' In times of crisis, corporations implement backup strategies, like plan B for drastic situations where the insolvency of major financial institutions might trigger the verge of collapse for derivatives. In the event a financial entity fails to honor winning bets in derivative markets, creditors can seize securities in brokerage accounts as collateral. This scenario, referred to as 'The Great Taking,' elicits concerns over asset confiscation, affecting not only stocks and bonds but also tangible assets like property and vehicles. The Bank for International Settlements (BIS) advocates for Central Bank Digital Currencies (CBDCs). CBDCs preserve the fractional reserve system yet provide benefits such as instantaneous settlement and seamless cross-border transactions. Central banks perceive alternative payment systems like stablecoins as competition due to their existence outside the banking sector. Russia's move to distance itself from Western financial institutions and prioritize gold as a reserve asset signifies a break from the US dollar system and a possible resurgence of gold as a monetary metal. Central banks have resumed buying gold after decades of disposal, possibly contributing to an increase in its value. Gold provides advantages over digital assets like Bitcoin due to its untraceability and absence of intermediaries or complex accounting on the blockchain. Mattison underscores the significance of possessing assets outside the present financial framework with minimal risk. Tangible assets such as real estate and precious metals like gold, silver are favored alternatives for maintaining worth during a dysfunctional system. The speaker expects continued expansion in the stock market's speculative phase but anticipates instability upon the onset of the crisis. He suggests farmland or open land as a more secure alternative to residential property. Despite his confidence in Trump, he acknowledges that Trump alone cannot remedy the fundamental issues. The political landscape is intriguing with various forces influencing events. Time Stamp References0:00 - Introduction0:28 - Securities & Great Taking7:00 - Bail-In for Banks9:29 - CBDC Plans & Implementation14:30 - Russia & Banking System18:18 - Solutions22:00 - Crypto & Privacy Attacks28:05 - Protecting Wealth33:55 - Optimism & Trump40:00 - Religious Symbolism44:23 - Palantir & Peter Thiel48:48 - Concluding Thoughts51:37 - Wrap Up Talking Points From This Episode: Concerns around seizing of assets as collateral when a financial entity defaults on derivative bets. Central banks consider adopting CBDCs for benefits like instant settlement and seamless cross-border transactions, while viewing stablecoins as competition. The Lummis-Gillibrand Act mandates stablecoin storage at Federal Reserve Depository Institutions for data access. Central banks are resuming gold buying and Russia prioritizes it as a reserve asset, contributing to its increased value due to untraceability and absence of intermediaries. Guest Links:Website: https://www.MelMattison.com/QuozTwitter: https://twitter.com/MelMattison1LinkedIn: https://www.linkedin.com/in/melmattison/ Mel Mattison is a writer, investor, and financial services veteran. Leveraging over twenty years' experience in the realm of high finance, he brings real-world authenticity to his fictional narratives. Mel combines this insider knowledge with a critical eye toward the economic forces that shape all our lives. With a knack for deconstructing jargon and making the complex understandable, he sheds light on the sometimes dark and confusing corners of finance. Mel holds an MBA from Duke University and studied creative writing at Loyola University Chicago. His recent novel, Quoz: A Financial Thriller,

Tom warmly receives Mel Mattison as his latest thought provoking guest. Mel, a seasoned finance professional, boasts a traditional finance background and an unyielding interest in financial history. His proficiency encompasses venture capital-backed firms, major asset managers, and self-study on intriguing topics like the monetary history of the United States and central banks. Mel's novel, "Quoz: The Annihilation of the Global Economic Order," is a financial thriller that delves into intricate themes, such as sovereign debt bubbles, globalist manipulation of institutions like central banks, and the Bank for International Settlements (BIS)'s pivotal role. The BIS, established in 1930 to manage reparations payments between Germany and the Allies, has since transformed into a dominant global financial institution. It assumed critical functions during World War II, mediating transactions between Axis powers and the Allies, and set the stage for the Euro and European Central Bank (ECB). Despite its substantial power, the BIS maintains a veil of secrecy and enjoys exclusive benefits such as immunity from prosecution. Central bank leaders convene bimonthly at the BIS headquarters in Basel to deliberate monetary policy without disclosing minutes or agendas. The BIS's involvement in central bank digital currencies, like Project Helvica and Project Jura, remains an enigma due to its lack of transparency. Mattison explores the Federal Reserve's coordinated rate cuts with global central banks and ponders the market consequences when discrepancies between central bank actions emerge. He advocates for the significance of comprehending labor market indicators, fiscal stimulus, and inflation's impact on economic expansion. Mel raises doubts about the yield curve inversion's dependability as a recession harbinger due to recent Federal Reserve manipulations and excessive short-term debt issuance. Entitlement programs like Social Security and Medicare are edging towards insolvency, posing potential repercussions like higher interest rates, increased debt, and inflation around 2027-2028. Mel deliberates on the potential fallout of a debt market crisis on pension funds and alternative assets, such as gold, silver, and Bitcoin. He anticipates volatility in the equity market during this critical juncture and proposes that an extreme situation could involve the U.S. Treasury revaluing gold against the dollar in an emergency maneuver, drastically altering financial markets. Time Stamp References0:00 - Introduction0:32 - Mel's Background6:35 - BIS Global Role13:12 - Immunity Vs. Incentives15:16 - Central Banks & US Rates21:20 - C.B. Magic Hats25:55 - Rate Controls & Signals33:10 - Inversions & Recession36:08 - Yellen Debt Issuance40:30 - Entitlement Programs47:10 - The Entitlement Cliff50:24 - Blowout Debts & Pensions54:33 - Treasury Gold Talking Points From This Episode: Mel Mattison discusses BIS's pivotal role in global finance, its secrecy, and potential impact on digital currencies. Mattison raises concerns over yield curve inversion's reliability as a recession indicator amid Federal Reserve manipulations. Mel explores the implications of debt market crises on pension funds and alternative assets. Bitcoin. Guest Links:Website: https://www.MelMattison.com/QuozTwitter: https://twitter.com/MelMattison1LinkedIn: https://www.linkedin.com/in/melmattison/ Mel Mattison is a writer, investor, and financial services veteran. Leveraging over twenty years' experience in the realm of high finance, he brings real-world authenticity to his fictional narratives. Mel combines this insider knowledge with a critical eye toward the economic forces that shape all our lives. With a knack for deconstructing jargon and making the complex understandable, he sheds light on the sometimes dark and confusing corners of finance. Mel holds an MBA from Duke University and studied creative writing at Loyola University Chicago.

For years, I've been sounding the alarm about the impending economic war between the East and the West – it was never a matter of if, but when. The timing of this conflict is no accident; it's a matter of convenience for those who pull the strings behind the scenes. To truly understand geopolitics, one must acknowledge that international conflicts are carefully orchestrated to serve the interests of a select group of powerful “elites.” Those who blindly attribute these events to mere coincidence are doing themselves a disservice, as they will never comprehend the true reasons behind the calamities befalling them and the world at large.In my article, "The Danger of Co-option and False Prophets," I outlined the web of connections between the Kremlin and globalist institutions such as the World Economic Forum (WEF), the Bank of International Settlements (BIS), the International Monetary Fund (IMF), and influential figures like Henry Kissinger. Moreover, I highlighted the ties between Russia and international banks like Goldman Sachs. Despite the war in Ukraine and Russia's annexation of Crimea, these connections remain intact, as Russia has long been entwined in the globalist agenda.China's collusion with globalist institutions reaches new heights, as it has amassed trillions in debt to satisfy the IMF's prerequisites for joining the Special Drawing Rights (SDR) basket of currencies. This move from a debt-free nation to one buried in debt is a clear indication of China's commitment to the globalist centralization agenda. The notion that China is an “anti-globalist” power is nothing more than a carefully orhcestrated opera of “feel-good”-b******t.I grow weary of reiterating the well-established connections between eastern nations and the globalist institutions. The evidence is clear and abundant, thanks to the groundbreaking work of researchers like Antony Sutton, who exposed these machinations long before I entered the scene.The true purpose of engineering a war becomes apparent when one considers the benefits of manipulating both sides of a conflict. Beyond the immediate gains, chaos serves as a catalyst for advancing oppressive agendas that would otherwise face public resistance during times of peace.In this analysis, I propose that we shift our focus from the mere existence of war to the intricacies of its development and timeline. By understanding the stages of this impending economic conflict, we may be better prepared to mitigate its impact and potentially alter its course.A Lily Bit is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.First and foremost, it is crucial to recognize that the initiative lies with the eastern nations. Their actions will set the pace for the unfolding of events, and understanding their motivations and strategies is key to anticipating the trajectory of this looming conflict.Marxists, in their philosophy, grasped a fundamental truth: true wealth is derived from resources, the means of production, and labor. However, their misguided focus on confiscating these elements while promoting the illusion of public benefit is where their ideology falls short.Eastern nations continue to recognize the essence of genuine wealth, as they understand that even with vast sums of money, an economy is doomed without a solid manufacturing foundation and resource development. This simple yet profound principle eludes the Western world, which has largely forsaken its means of production and hampered resource exploration through contrived environmental concerns such as “carbon pollution.”The East has managed to avoid this pitfall, preserving its long-term productivity. Consequently, they hold a distinct advantage in the event of a global economic conflict.However, the true catalyst for the progression of an economic world war lies in the combination of participating nations and their trade agreements. The interconnectedness of these factors will significantly influence the trajectory and outcome of such a conflict.Russia and China have been diligently fostering bilateral trade arrangements designed to circumvent the U.S. dollar for years. This strategic alliance, rooted in economic sensibility, unites Russia's abundant natural resources with China's expansive manufacturing and export capabilities. A prime example of this partnership is the recent 30-year oil and gas agreement between the two nations, valued at hundreds of billions of dollars. This historic deal coincides with the ongoing construction of a major pipeline from Russia to China, set for completion by 2025.India, too, has secured arrangements for increased oil shipments from Russia, opting to transact without the involvement of the U.S. dollar. The allure of competitive pricing amidst a backdrop of surging energy prices worldwide further bolsters the attractiveness of Russian resources.The remaining BRICS nations (Brazil, India, China, and South Africa) have remained steadfast in their trade relationships with Russia, undeterred by Western sanctions and the exclusion of Russian banks from the SWIFT international payments network.The formation of this trading bloc has significant implications for the timeline of a potential global economic conflict. By establishing robust, self-sufficient economic networks, these nations are better positioned to withstand external pressures and navigate the challenges of a world war. The interconnectedness of these trade agreements and the resilience they foster will undoubtedly influence the progression and outcome of any future conflict.In the unfolding economic war, the true objective is not to target Russia or China, but rather to undermine the U.S. dollar and the American economy. While the consequences of such a conflict will reverberate globally, it is our economy that remains uniquely vulnerable due to its unwavering dependence on the U.S. dollar's status as the global reserve currency.An economic war, waged with strategic weapons and tactics, presents a formidable challenge – one that we, as Americans, are ill-equipped to overcome. The dollar's global reserve status, once considered a strength, has now become our Achilles' heel. As the world's gaze remains fixed on the armed conflict in Ukraine, few recognize that the most devastating blows will be felt right here on our own shores - without a single bullet fired. The sanctions imposed on Russia are but a single facet of the issue, as they contribute to a broader decoupling from the dollar trade. However, the true crux of the matter lies with the BRICS nations and their extensive network of trading partners, who will collectively resist accepting such sanctions. Their economic interdependence has fostered a resilience that will prove difficult to dismantle.A compelling example of the potential consequences of this economic war can be observed in Hungary's declaration to maintain its current levels of Russian oil and gas imports. This decision, driven by the need to avert an energy crisis within its borders, is a harbinger of similar choices being made by other nations worldwide. If NATO continues to advocate for Russia's economic isolation, it is inevitable that these countries will seek to distance themselves from the U.S. dollar as their reserve currency.The root of this shift can be traced back to the Biden administration and the European Union's decision to sanction Russia, which included freezing Russia's U.S. dollar accounts and severing its connection to the international payments platform. This act of economic warfare exposed a chilling possibility: if the West can financially isolate Russia, they could do the same to any other nation, including the United States.Zoltan Poszar, Credit Suisse's global head of interest rate strategy, offered a sobering assessment during an interview with Bloomberg's “Odd Lots” show:“Wars tend to turn into major junctures for global currencies, and with Russia losing access to its foreign currency reserves, a message has been sent to all countries that they can't count on these money stashes to actually be theirs in the event of tension. As such, it may make less and less sense for global reserve managers to hold dollars for safety, given that they could be taken away right when they're most needed.”As global tensions rise, nations are increasingly recognizing the risks associated with dependence on U.S. and Western financial systems and currencies. This shift in perception, fueled by the West's actions against Russia, may ultimately lead to a reevaluation of the role of the U.S. dollar as the global reserve currency.Indeed, the very architects of this economic conflict – the establishment elites in the US and Europe – are inadvertently setting the stage for the demise of the U.S. dollar. The currency's status hinges on the faith and belief in its demand, and any decline in this demand, triggered by global sanctions, could result in a massive influx of U.S. dollars held in overseas banks returning to the U.S. This flood of greenbacks would plunge the nation further into a stagflationary crisis.It appears that the globalists are fully cognizant of these potential consequences and are, in fact, relying on them. The ramifications of their actions, while devastating for the general population, could serve to further their own interests and objectives.The year 2030 looms large in the plans of globalist institutions such as the United Nations, IMF, and WEF, who consistently refer to it as the culmination of their Great Reset agenda. Should a global economic crisis serve as the catalyst, as it seems to be, a few years would be required for the collapse to unfold and for the introduction of a “solution” to the problem. Consequently, the economic war must escalate rapidly in the coming years.Currently, we are witnessing 40-year highs in inflation and significant supply chain disruptions. Furthermore, multiple globalist foundations are “predicting” worldwide food shortages within the next 3 to 6 months. I anticipate that the conflict will escalate to include China within the next year, with the majority of the damage being inflicted by the end of 2025 . The pace at which exporters, primarily China, divest from the dollar will be the primary trigger for this accelerated war.The WEF's Great Reset agenda and the IMF's Special Drawing Rights global digital currency initiative necessitate the demise of the U.S. dollar as the world's reserve currency. This is a process that globalists have openly discussed for some time, and it is not a mere “conspiracy theory” but rather a “conspiracy reality.” The IMF has frequently argued that the global currency framework must be “managed” by a centralized entity capable of preventing national governments from manipulating currency trade for their own benefit, including digital currencies.The stage has been meticulously set for this narrative. The U.S., especially under a new Trump presidency, will be portrayed as an example of the perils of nationalism and the dangers of entrusting a single nation with the power of a world reserve currency. The temptation for governments to engage in excessive money creation and debt-financed spending sprees, resulting in the fabrication of new money to pay for old debts, devalues and degrades the dollar's purchasing power worldwide.Consequently, it is only “logical” that a global central authority, devoid of national loyalties, assumes control of an “international” reserve currency, right? Perhaps a multi-currency-based basket system, or possibly a single world currency, to prevent any future abuses of power and tragedies from recurring. Wouldn't that instill a sense of safety?Do not be deceived – the chaos of a global conflict, be it economic or kinetic, and the demise of the U.S. dollar as the world's reserve currency, serves as the perfect pretext for the “logical” emergence of a global financial oligarchy. Unlike its predecessors, this ruling council would operate in broad daylight, its authority “official” and its control established as essential for global stability.This pattern of centralization has emerged following every major war or conflict; the argument is made that national sovereignty is the root cause, and that nation-states should not exist because differing ideas can lead to conflict. After World War I, the League of Nations was introduced; after World War II, the UN and the IMF were established. In the aftermath of today's economic World War III, globalists will attempt to implement a one-world currency and global economic governance program.“In short, the 'house of world order' will have to be built from the bottom up rather than from the top down. It will look like a great 'booming, buzzing confusion,' to use William James' famous description of reality, but an end run around national sovereignty, eroding it piece by piece, will accomplish much more than the old-fashioned frontal assault.”—Richard Gardner, Foreign Affairs, 1974Globalists argue that a homogeneous global collective with a single hive mind is preferable, as it would prevent any potential conflicts. However, they conveniently reserve the right to form their own group, with the intent of reaping all the benefits of the crisis and consolidating power from the ensuing panic.Beware the machinations of those who seek to exploit chaos for their own gain, dismantling national sovereignty and consolidating power in the process.How you can support my writing: * Restack, like and share this post via email, text, and social media* Tip me a bug-free meal with Ko-Fi * Buy a discount subscriptionThank you; your support keeps me writing and helps me pay the bills.

We dive into the transformative world of Artificial Intelligence and its impact on the financial sector and central banks. AI's rapid advancements and diverse applications are creating a veritable AI bonanza, reshaping the economy and financial systems globally. Join us as we explore these changes with Hyun Shin from the Bank for International Settlements (BIS). Hyun Shin co-leads the Monetary and Economics Department at BIS and is a member of its Executive Committee. With a distinguished academic career, including positions at Princeton, the LSE, and Oxford, Hyun provides unique insights into the future of AI in finance. Tune in for an enlightening conversation that uncovers the implications of AI as a general-purpose technology and its potential to transform central banking around the world. Don't miss this episode—subscribe now and stay ahead in the AI revolution!

Ondanks dat de Bank for International Settlements (BIS) – de centrale bank der centrale banken – pas later deze week met het jaarverslag komt, is al het een en andere naar buiten gekomen. Zo waarschuwt de BIS voor de ingrijpende gevolgen van kunstmatige intelligentie op het bankenwezen. ‘De gevolgen kunnen volgens de BIS ‘onmetelijk groot' zijn op macro-economisch gebied', legt macro-econoom Edin Mujagic uit.   See omnystudio.com/listener for privacy information.

Ondanks dat de Bank for International Settlements (BIS) – de centrale bank der centrale banken – pas later deze week met het jaarverslag komt, is al het een en andere naar buiten gekomen. Zo waarschuwt de BIS voor de ingrijpende gevolgen van kunstmatige intelligentie op het bankenwezen. ‘De gevolgen kunnen volgens de BIS ‘onmetelijk groot' zijn op macro-economisch gebied', legt macro-econoom Edin Mujagic uit.   See omnystudio.com/listener for privacy information.

Ondanks dat de Bank for International Settlements (BIS) – de centrale bank der centrale banken – pas later deze week met het jaarverslag komt, is al het een en andere naar buiten gekomen. Zo waarschuwt de BIS voor de ingrijpende gevolgen van kunstmatige intelligentie op het bankenwezen. ‘De gevolgen kunnen volgens de BIS ‘onmetelijk groot' zijn op macro-economisch gebied', legt macro-econoom Edin Mujagic uit.

Wall Street is buzzing with tons of digital asset acronyms like DLT, CBDCs, RWA and Bitcoin ETFs. But what does it all mean? Well, Ian Andrews (CMO, Chainalysis) sits down with Naresh Nagia (Independent Senior Advisor, Deloitte) for a thoughtful conversation on everything tokenization and how it will disrupt the traditional financial banking system.  Naresh shares his expertise in financial services and highlights the potential benefits of DLT, such as operational efficiency and the ability to mobilize collateral.  He also discusses the importance of legal basis, KYC/AML regulations, and cybersecurity in the adoption of DLT and the implementation of smart contracts into the financial ecosystem. Naresh expresses his preference for wholesale CBDC over retail CBDC and emphasizes the significance of Project Agora which is a major project launched by the Bank for International Settlements (BIS) for central banks worldwide to explore tokenization of cross-border payments Minute-by-minute episode breakdown 2 | The role of an Independent Senior Advisor at Deloitte and bridging traditional finance and the future of Distributed Ledger Technology (DLT)  5 | Envisioning DLT disrupting the traditional financial systems 10 | Smart Contracts are neither smart or contracts 14 | Decentralized Ledgers and Bitcoin ETFs: TradFi meets Crypto 17 | Project Agora: How the Bank for International Settlements is pioneering trust in blockchain technology for cross border payments 20 | The future of stablecoins in global finance and debate over retail vs wholesale CBDCs 26 | The realistic applications of Real World Asset (RWA) Tokenization and what to look Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Blockchain & Digital Assets With Deloitte, Trust is non-fungible™ Report: Central Bank Digital Currencies: Building Block of the Future of Value Transfer Article: Tokenization in financial services: Embracing a new ecosystem Project: Project Agorá: Central Banks and banking sector embark on major project to explore tokenization of cross-border payments Registration: Digital premiere of Links 2024 (NYC Main Stage Content and more - Register Now!) Report: The Chainalysis Crypto Spring Report (Download Now) YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchain Tik Tok: Building trust in #blockchains among people, businesses, and governments. Telegram: Chainalysis on Telegram  Speakers on today's episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Naresh Nagia (Independent Senior Advisor, Deloitte) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

Guest post by Selva Ozelli The International Monetary Fund (IMF), the World Bank , Switzerland's central bank (SNB) BRICS - the financial block originally comprised of Brazil, Russia, India, China, and South Africa, which added four more members in Iran, Egypt, Ethiopia, and the United Arab Emirates in the beginning of the year - and the Bank for International Settlements (BIS) have joined forces to leverage tokenization technology to streamline financial processes in banking and enhance global economic development . The United States is falling behind in the tokenization of the banking industry with Europe and Asia leading the way according to a crypto banking report issued by Coincub.com. Tokenisation in the Banking Industry William Quigley Co-founder of Tether stablecoin and Wax Blockchain explained tokenization "Money and payments have been evolving for as long as they have existed. The methods that society has used to store and transfer value during my life time have changed first by digitizing and now tokenizing. Each major upgrade to the global monetary architecture has introduced both new benefits and new risks over the past several decades. With digitization, the vast majority of what people generally think of as "money" is in reality ledger balances sitting on databases maintained by commercial banks. As a general rule, banks use relational databases primarily, but not exclusively running on UNIX and UNIX-like operating systems which was first developed in the 1960s. Tokenization of the global financial system is still in the early stages but may have a transformative impact on the way ownership of commercial bank deposits, payments, government and corporate bonds, money market fund shares, gold and other commodities, real estate and other assets and liabilities are recorded on blockchains and other distributed ledgers, enabling far-reaching new functions. As detailed in Coincub.com's Crypto Banking Report, a number of financial institutions around the world have been actively exploring the possibility of tokenizing assets to improve the way we transfer value using blockchain technology to facilitate fast, secure, low-cost international payment processing services (and other transactions) through the use of encrypted distributed ledgers that provide trusted real-time verification of transactions without the need for intermediaries such as correspondent banks and clearing houses. Notwithstanding recent advancements in digitization, our banking payment and settlement systems remain slow and inefficient for many users, with delayed settlements for large classes of transactions and numerous intermediaries, each adding layers and layers of costs. Tokenization and distributed ledgers have the potential to overcome many of these obstacles by globally operating around the clock and introducing settlement finality in real time. Because tokenization offers: Programmability - which will may make it easier for the bank and bank customers to automatically remove funds, to respond to liquidity stresses immediately and automatically, move liquidity when and where it is needed. Instant settlement - which will provide the ability to hard-wire on the ledger future transfers of value that automatically self-execute based on the occurrence of future conditions thereby increasing the speed and intensity of bank settlements. Atomic settlement - which will reduce the risk of loss in the time between payment and delivery or the simultaneous exchange and settlement of payment and delivery, including among multiple parties. Immutability of the shared ledger - which will serve as a transaction record and reliable audit trail. Blockchain based IT infrastructure can significantly reduce payment errors, cut down on account reconciliation time. The transparency and immutability of the ledger can help regulators and law enforcement agencies obtain accurate and verifiable data on token transactions and seize assets from criminals. While tokenizat...

In this week's episode of Live from the Vault, Andrew Maguire guides viewers through the community's inquiries regarding the short, medium and long-term prospects for physical gold prices.The seasoned precious metals expert unveils the behind-the-scenes manoeuvres influencing gold and silver markets, providing insights into the forthcoming BRICS currency, and offering a glimpse into what lies ahead.Ask your questions for Andy here: https://forum.kinesis.money/forums/questions-for-lftv-live-from-the-vault.80/ Timestamps:00:00 Start 02:05 BRICS currency update08:15 Forced Basel III NSFR compliance coming to a head?14:30 How has the Bank of International Settlements (BIS) viewed the recent price breakout?19:50 The physical market is driving these changes 24:40 What Andrew is seeing in the markets for the short-termSign up for Kinesis on desktop:https://www2.kinesis.money/investor-youtube.Download the Kinesis Mobile app - available App Store and Google Play:Apple: https://apps.apple.com/gb/app/kinesis-buy-gold-and-silver/id1490483608Google: https://play.google.com/store/apps/details?id=com.kinesis.kinesisappAlso, don't forget to check out our social channels where you can stay up to date with all the latest news and developments from the team.X: https://twitter.com/KinesisMonetaryFacebook: https://www.facebook.com/kinesismoney/Instagram: https://www.instagram.com/kinesismoney/Telegram: https://t.me/kinesismoneyTikTok: https://www.tiktok.com/@kinesismoney

A Future of Finance interview with Tony Mclaughlin, Emerging Payments and Business Development at CitiThe Regulated Liability Network (RLN) embodies an idea of the future of money that, unlike most conceptual novelties in the field, has become more voguish rather than less since it was first unveiled in a white paper of November 2022. In fact, the RLN can lay claim to have pioneered an approach to scaling the tokenisation of assets that has captured the interest of supranationals and central banks. The white paper may have coincided with the International Monetary Fund (IMF) advancing the idea of an “X-C platform” but it appeared months before the Bank for International Settlements (BIS) outlined its notion of a “unified ledger” or “single programmable platform” and the Monetary Authority of Singapore (MAS) announced it was working with four banks on Global Layer One (GL1), an open digital infrastructure to host tokenised financial assets and applications. But it would be a mistake to label the RLN as avant-garde. It is based in a sound understanding of the classic theory of computation and aims unashamedly to preserve fiat currencies and their twin variants of commercial and central bank money as the foundations of the financial systems of the future. Its design for a common settlement infrastructure for tokenised money also bears an uncanny resemblance to the way payments are settled today, in terms of intermediation as well as technique. Which is why RLN might just be adopted widely once banks understand its design. Dominic Hobson, co-founder of Future of Finance, spoke to Tony McLaughlin, Managing Director, Emerging Payments and Business Development at Citi Treasury and Trade Solutions, and one of the 11 industry leaders that contributed to the development of the original idea of the RLN. Hosted on Acast. See acast.com/privacy for more information.

On today's show, Tim Hinchliffe discusses Bank for International Settlements (BIS) general manager Agustin Carstens and India's digital identity architect Nandan Nilekani's collective dream of a 'Finternet' - a proposed financial system for the future involving digital IDS and CBDCs. Later, Basil Valentine gives an update on Israel's alleged attack on Iran, the UN's (failed) attempt to recognize a Palestinian State, and India's General Election. GUEST 1 OVERVIEW: The Sociable editor Tim Hinchliffe covers tech and society, with perspectives on public and private policies proposed by governments, unelected globalists, think tanks, big tech companies, defense departments, and intelligence agencies. Previously, Tim was a reporter for the Ghanaian Chronicle in West Africa and an editor at Colombia Reports in South America. These days, he is only responsible for articles he writes and publishes in his own name. https://sociable.co/author/timmy/ GUEST 2 OVERVIEW: Political editor and presenter on TNT, Basil Valentine is a philosopher, poet, broadcaster, producer, political pundit, writer, musician, horse racing afficionado, prolific X poster (@says_basil) and regular contributor to SUNDAY WIRE WITH PATRICK HENNINGSEN. https://tntradio.live/presenters/basil-valentine/ https://21stcenturywire.com/sundaywire/

Part 3/4A Future of Finance interview with Gilbert Verdian, CEO of QuantInter-operability between blockchain networks, and between blockchain networks and traditional financial markets, is essential to overcome the isolation of digital asset and traditional asset markets and so fuel their liquidity and growth, and the digital finance system must be designed and built from the outset with inter-operability at its core. Proprietary solutions to the inter-operability problem cannot build inter-operability into the new digital finance system from the outset, so institutions in the private and the public sectors must work together to co-design and then co-build standardised infrastructures that enable tokens to be ported seamlessly between networks at the local, regional and global levels. The financial market infrastructures that serve traditional assets at the pre-trade, trade and post-trade levels cannot be replaced overnight but must be integrated into the new digital financial market infrastructures, where they will persist only until the cost of maintaining them exceeds the costs of investing in the more efficient and service-rich digital alternatives. A unified ledger, or single programmable platform, of the kind outlined by the Bank for International Settlements (BIS), the International Monetary Fund (IMF) and the Regulated Liability Network (RLN), will develop in layers as standardised national and regional platforms are built through private-public collaboration and start to inter-operate on a global scale. Hosted on Acast. See acast.com/privacy for more information.

GUEST OVERVIEW: Beginning his working life in the aviation industry and trained by the BBC, Tony Gosling is a British land rights activist, historian & investigative radio journalist. Over the last 20 years he has been exposing the secret power of the Bank for International Settlements (BIS) and élite Bilderberg Conferences where the dark forces of corporations, media, banks and royalty conspire to accumulate wealth and power through extortion and war. Tony has spent much of his life too advocating solutions which heal the wealth divide, such as free housing for all and a press which reflects the concerns of ordinary people rather than attempting to lead opinion, sensationalise or dumb-down.

In today's show, I'm joined by Leslie Kapin, Director of Impact at Astanor Ventures, one of Europe's largest Impact funds.Whether you work for a climate or impact fund, are looking to start one, or are simply curious about what's happening in the impact world behind the scenes, you'll love this value-packed conversation.We cover:- The impact journey of Astanor: how they started from scratch five years ago and now publish one of the most useful impact reports in the industry.- How to measure impact, when to do it, and who should be involved in an impact team. How can venture capitalists support founders in their own impact journey?- When and how to conduct a Life Cycle Assessment (LCA).- Why would a fund choose to become a B Corp?- And what can we do as a collective space to collaborate more, reduce overlaps, and speed up the process for everyone.--------------ABOUT CLIMATE INSIDERS:Learn all the insights from the top Climate Tech Founders and Investors. Listen to the stories behind the startup successes, understand the drivers of investment decisions, and become a true Climate Insider.Check us out at: https://www.climateinsiders.co--------------ABOUT THE GUEST:Leslie joined Astanor in 2019 and is responsible for monitoring sustainability and impact at Astanor. She brings more than 13 years' experience in global asset management within both the private and public sector.After 9 years with global asset manager Russell Investments as a research analyst and portfolio manager for the Asian equity markets in London, Paris and Sydney, Leslie joined the Bank for International Settlements (BIS) in Basel where she was responsible for the selection of all the investments for the BIS's Pension Fund for three years.--------------SHOW NOTES:00:00 – Intro01:02 – Who is Leslie Kapin?01:27 – What is Astanor Ventures?02:50 - From Vision to Impact: Navigating Sustainability07:18 – Examples of enabler companies08:23 – Should impact funds venture into software territory?09:37 - How do the dynamics between hardware and software industries influence the pursuit of pure, direct impact?10:23 - Was the path to milestones clear in hindsight, or did it unfold gradually, step by step?13:15 - Collaborative Evolution in Impact Standards16:389 - What does B Corp certification mean in financial terms? Is it primarily a marketing strategy, or does it entail binding commitments?18:11 - Balancing Priorities for Early-Stage Founders: Impact, Growth, and Certification20:57 - Unlocking the Treasure Trove: Notion Page and the Potential for Open Source21:38 - Fostering Collaboration: The Call to Share and Support23:49 - What is a necessity in the climate tech space?25:32 – How many people are dedicated to impact measurement?26:46 - Should there be a mental threshold or a numerical benchmark for funds considering commitment to article 9?28:07 - Is the norm to conduct LCAs before the investment, or is there a strategy that involves assessment during divestment?31:30 - Summing Up the LCA Process: Internal Guidance and External Expertise34:12 - Impact Creation Report: Unpacking Astanor's Transparency and Inspiring Replication37:11 - What is the next evolution in impact measurement at the fund level?39:10 - Embarking on the Impact Journey: Guidance for New Entrants40:29 – WhatsApp groups and communities – directions how to find them41:29 - Navigating the Imposter Syndrome: A Candid Perspective42:19 – Outro --------------ABOUT THE HOST: https://www.linkedin.com/in/yberno/ Yoann Berno is committed to the democratization of climate tech investing, with a goal to contribute significantly to the...

The looming economic transformation being peddled by the Deep State including “Natural Asset Companies,” public-private partnerships, Central Bank Digital Currencies, and the Bank for International Settlements (BIS) plan for a global unified blockchain ledger seek to enslave humanity, explains The New American magazine Senior Editor Alex Newman in this episode of Behind The Deep State. ... The post WEF’s Looming Economic Shift is Global Serfdom – What Are NAC, BIS, CBDC, PPP?  appeared first on The New American.

Sheila Warren's top picks from the year, compelling discussions with Noelle Acheson and Hyun Song Shin, shedding light on Bitcoin's impressive performance, India's evolving crypto landscape, and the challenges faced by central banks in a tokenized world. It's a celebration of insightful conversations and noteworthy moments that defined the financial narrative in the past year. This episode is sponsored by Cboe DigitalWe are celebrating the holiday season with a special "Money Reimagined" edition featuring the hosts' top picks from the year in our 'Best of' compilation.In this week's episode, Sheila Warren selects two of her favorite picks: Noelle Acheson On What's Not Happening With BitcoinThe Impact of Tokenization on the Monetary System and the Need for Tokenized Central BanksIn the first installment, Sheila Warren is solo talking with Noelle Acheson CoinDesk collaborator and author of the Crypto is Macro Now newsletter on Substack. Acheson provides persuasive proof of Bitcoin's resilient performance over the course of the year, demonstrating its remarkable outperformance in comparison to conventional stocks.They explore the importance of Bitcoin ETFs, with Warren offering insights into India's changing perspective on cryptocurrency and its position in global crypto regulations, offering a thorough analysis of the country's evolving landscape.Sheila's second pick is a conversation Michael and she both had with Hyun Song Shin, Head of Research at the Bank for International Settlements (BIS), about the recent release of the Annual Economic Report. They examine the challenges presently confronting central banks, and explore the immobilization or locking of tangible assets, along with the legal obstacles associated with tokenization.From our sponsors:Do you have a trusted partner for your crypto trading? Cboe Digital will introduce financially settled margin futures on Bitcoin and Ether on January 11th, 2024 with physically delivered contracts to follow. Listed and cleared on Cboe's U.S. regulated exchange and clearinghouse, and complemented by a liquid crypto spot market for greater ease and access. We invite you to learn more about this and all applicable risk disclosures at cboedigital.com/coindesk.-Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Sheila Warren's top picks from the year, compelling discussions with Noelle Acheson and Hyun Song Shin, shedding light on Bitcoin's impressive performance, India's evolving crypto landscape, and the challenges faced by central banks in a tokenized world. It's a celebration of insightful conversations and noteworthy moments that defined the financial narrative in the past year. This episode is sponsored by Cboe DigitalWe are celebrating the holiday season with a special "Money Reimagined" edition featuring the hosts' top picks from the year in our 'Best of' compilation.In this week's episode, Sheila Warren selects two of her favorite picks: Noelle Acheson On What's Not Happening With BitcoinThe Impact of Tokenization on the Monetary System and the Need for Tokenized Central BanksIn the first installment, Sheila Warren is solo talking with Noelle Acheson CoinDesk collaborator and author of the Crypto is Macro Now newsletter on Substack. Acheson provides persuasive proof of Bitcoin's resilient performance over the course of the year, demonstrating its remarkable outperformance in comparison to conventional stocks.They explore the importance of Bitcoin ETFs, with Warren offering insights into India's changing perspective on cryptocurrency and its position in global crypto regulations, offering a thorough analysis of the country's evolving landscape.Sheila's second pick is a conversation Michael and she both had with Hyun Song Shin, Head of Research at the Bank for International Settlements (BIS), about the recent release of the Annual Economic Report. They examine the challenges presently confronting central banks, and explore the immobilization or locking of tangible assets, along with the legal obstacles associated with tokenization.From our sponsors:Do you have a trusted partner for your crypto trading? Cboe Digital will introduce financially settled margin futures on Bitcoin and Ether January 11th, 2024 with physically delivered contracts to follow. Listed and cleared on Cboe's U.S. regulated exchange and clearinghouse, and complemented by a liquid crypto spot market for greater ease and access. We invite you to learn more about this and all applicable risk disclosures at cboedigital.com/coindesk.-Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

09th Oct: Crypto & Coffee at 8

Christian Briggs guests on part 1 of A Good Fight Show with Jameson Haygood. When the G20 met this year, one of the hot topics was how to implement CBDCs across the globe, and a white paper shows the ramping up of the Central Bank Digital Currency and cross border payments. It's a software architecture system that would allow a centralized digital token to be able to convert local government currencies into the digital currency in the initial launch. Currently, 21 countries are utilizing a centralized digital token based around the Ripple platform. The commissioner president of the EU has called for an international regulatory body for artificial intelligence digital ID systems and advocated for global cooperation to address the challenges presented by AI systems. Now, the problem with assigning a digital ID to all 8 billion people across the globe is that governments around the world will be able to surveille you without any effort, because it is all centralized. Surveillance, control, and containment are guaranteed. On part 2 of A Good Fight Show with Jameson Haygood, they speak about the G20's plans to impose digital currencies and IDs worldwide. President Putin from Russia and President Xi from China were not present at the G20 summit, as they are working together to create a competing global digital currency based off the BRICS nations (Brazil, Russia, India, China, South Africa). There was a white paper authored on July 20 which confirms the plan to roll out a Central Bank Digital Currency which crosses national boundaries and a joint operation between the Bank for International Settlements (BIS) working with the International Monetary Fund (IMF) to work out cross jurisdiction payments for a central banking digital currency. Why are central banks buying more gold than they ever were before? It's because these new digital currencies will need to be backstopped by gold.

Christian Briggs special guests on the On A Good Fight radio show with Jameson Haygood. He outlines all the factors that go into a digital currency and how they are rolling it out. Christian shows the contrast of a decentralized digital currency (Bitcoin) versus the Federal CBDC, which is a centralized digital currency. He then speaks about the Bank of International Settlements (BIS), which is the bank that runs all banks, out of Switzerland. The BIS coordinated a strategic white paper which laid out the architecture of how CBDCs will be laid out in various countries and how they'll interconnect. This underlying payment system will be supported by Ripple (XRP), as close to 50 countries have already signed up to use their platform. According to the World Economic Forum (WEF), in June of 2018 there were zero countries involved in CBDC research and development programs. As of today, there are over 100 countries actively engaged in CBDC initiatives.     On part two of the CBDC show where Christian Briggs special guests on the On A Good Fight radio show with Jameson Haygood, Christian talks about how the government, through the use of CBDCs, unprecedented levels of information and control over all individual financial activity, which raises tremendous civil liberty concerns. In March 2023, Federal Chairman Jerome Powell stated that “it is absolutely the case that congress will need to be authorizing the Federal Reserve to issue a CBDC.” However, Chairman Powell went on to say that a wholesale central bank digital currency might bypass congress and be issued without approval. By July 20th, the Federal Reserve launched FedNow, the precursor to a United States central bank digital currency, and over 120 banks and payment providers are part of this pilot program.

Marty Bent is a Venture Partner at Ten31, founder of the Bitcoin-focused media company TFTC.io, and Director of Cathedra Bitcoin. In this interview, we discuss the potential implementation of a global financial system based on CBDCs and the role of the Bank of International Settlements (BIS). We also talk about the potential role of Bitcoin in fighting against state actors. - - - - CBDCs are the unwanted concomitants of Satoshi's innovation: the state's answer to the settlement improvements offered by Bitcoin, without any of the fundamental design features predicated on protecting individuals in the digital age. They represent everything Satoshi was working against: the chance for the state to fully capture and control people's use of money with all of the inherent dangers to democracy and individual liberty that this brings. Technological developments akin to CBDCs were always going to manifest, but, it is obviously not a coincidence that work on them accelerated in the shadow of Bitcoin. For over a century, governments, central banks and other centralising institutions have had an unfettered ability to control and manipulate money; money printing and inflation rigged the system in favour of the dealer. Bitcoin offers a chance for a new and fairer system. Whilst it is easier for those with knowledge to identify the extreme contrast between the two forms of money, it is also clear how and why people believe CBDCs are a good idea. The state has an asymmetric power in pushing narratives; promoting the benefits of having the utility of instant digital transactions that safeguards against paedophiles, terrorists and money launders, will certainly seem like an incontestable advancement. It's just that we know this isn't the purpose. The ring leader in this global effort to retain central authority over money is being led by the Bank of International Settlements. The BIS is behind a number of pilot projects that sound like they were devised by a megalomaniac James Bond villain (Project Rosalind, Project Polaris). Playing the role of Blofeld is Agustín Carstens. In 2022 Mr Carstens stated “the soul of money belongs neither to a big tech nor to an anonymous ledger. The soul of money is trust… central banks have been and continue to be the institutions best placed to provide trust in the digital age.” Carstens believes that technology can't make trusted money. He is expecting us to ignore the evidence of history where institutions have repeatedly abused the trust bestowed on them. And he is asking us to ignore Bitcoin.   This episode's sponsors: Iris Energy - Bitcoin Mining. Done Sustainably Ledn - Financial services for Bitcoin hodlers Bitcasino - The Future of Gaming is here Ledger - State of the art Bitcoin hardware wallet Wasabi Wallet - Privacy by default Unchained - Secure your bitcoin with confidence

“Bitcoin as a tool, in terms of the leverage it gives you against violence, is probably the most high-leverage tool that we've had against a massive state actor in history.”— Marty BentMarty Bent is a Venture Partner at Ten31, founder of the Bitcoin-focused media company TFTC.io, and Director of Cathedra Bitcoin. In this interview, we discuss the potential implementation of a global financial system based on CBDCs and the role of the Bank of International Settlements (BIS). We also talk about the potential role of Bitcoin in fighting against state actors. - - - - CBDCs are the unwanted concomitants of Satoshi's innovation: the state's answer to the settlement improvements offered by Bitcoin, without any of the fundamental design features predicated on protecting individuals in the digital age. They represent everything Satoshi was working against: the chance for the state to fully capture and control people's use of money with all of the inherent dangers to democracy and individual liberty that this brings.Technological developments akin to CBDCs were always going to manifest, but, it is obviously not a coincidence that work on them accelerated in the shadow of Bitcoin. For over a century, governments, central banks and other centralising institutions have had an unfettered ability to control and manipulate money; money printing and inflation rigged the system in favour of the dealer. Bitcoin offers a chance for a new and fairer system.Whilst it is easier for those with knowledge to identify the extreme contrast between the two forms of money, it is also clear how and why people believe CBDCs are a good idea. The state has an asymmetric power in pushing narratives; promoting the benefits of having the utility of instant digital transactions that safeguards against paedophiles, terrorists and money launders, will certainly seem like an incontestable advancement. It's just that we know this isn't the purpose.The ring leader in this global effort to retain central authority over money is being led by the Bank of International Settlements. The BIS is behind a number of pilot projects that sound like they were devised by a megalomaniac James Bond villain (Project Rosalind, Project Polaris). Playing the role of Blofeld is Agustín Carstens. In 2022 Mr Carstens stated “the soul of money belongs neither to a big tech nor to an anonymous ledger. The soul of money is trust… central banks have been and continue to be the institutions best placed to provide trust in the digital age.” Carstens believes that technology can't make trusted money. He is expecting us to ignore the evidence of history where institutions have repeatedly abused the trust bestowed on them. And he is asking us to ignore Bitcoin.- - - - This episode's sponsors:Iris Energy - Bitcoin Mining. Done Sustainably Ledn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by defaultUnchained - Secure your bitcoin with confidence-----WBD692 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

I'm back in the form of audio with a fresh episode of Tech and Things. This time, we're unraveling the enigmatic world of Central Bank Digital Currencies aka CBDCs, and the Bank of International Settlements (BIS). We'll wade through the murky waters of global CBDCs, looking at their revolutionary potential and the storm of concerns surrounding them. Join me as I guide you through the labyrinth of blockchain's impact on social media and offer a final sneak peek into the intricacies of my crypto portfolio and investment journey. We'll also dive headfirst into the deep end of the latest BIS report on CBDCs, illuminating the brave new world of physical asset tokenization and its tangled ties with privacy and freedom. It's time for a mind-expanding journey through the digital landscape! ApexOne sponsored this episode. You can sign up for ApexOne.AI via my link here: https://apexone.ai/en/invite/RQZXYCNBVS #Apexoneai #Apexone #Apex

Today's special guest is a true expert in global money. Robert McCauley's life work on the international monetary system is authoritative and seminal, and he joins Jack Farley and Joseph Wang to answer questions such as: - how do Eurodollars actually work? - is the rest of the world long or short dollars? (the answer may surprise you) - how does the level of the dollar mechanically impact offshore dollar credit? McCauley confirms many rumors about Eurodollars (offshore dollars), as well as debunks several of their myths. He shares his view on the dollar's role in the future of global money, and he details the astronomically large sums in the FX swap market used to hedge dollar exposure. McCauley also asks Joseph Wang a question about the fall of LIBOR (London Inter-Bank Offered Rate) and the rise of SOFR (secured overnight financing rate). Filmed on June 21, 2023. Robert McCauley is the Senior Fellow at the Global Economic Governance Initiative at the Boston University Global Development Policy Center. He previously served as senior advisor to the monetary & economics department at the Bank for International Settlements (BIS), as well as at the New York Fed. -- Robert McCauley's Eighth Edition of “Manias, Panics, and Crashes”: https://www.bu.edu/gdp/2023/03/22/manias-panics-and-crashes-a-history-of-financial-crises/ On Amazon: https://www.amazon.com/Manias-Panics-Crashes-History-Financial/dp/303116007X Robert McCauley's papers referenced during the show: “The Global Domain of the Dollar: Eight Questions”: https://www.bu.edu/gdp/2021/02/09/the-global-domain-of-the-dollar-eight-questions/ “Dollar debt in FX swaps and forwards: huge, missing and growing”: https://www.bis.org/publ/qtrpdf/r_qt2212h.pdf “Seven decades of international banking”: https://www.bis.org/publ/qtrpdf/r_qt2109e.pdf “The International Economic and Financial Order After the Pandemic and War,” pages 123-128: https://media.iese.edu/research/pdfs/76606.pdf “London as a financial centre since Brexit: evidence from the 2022 BIS Triennial Survey”: https://www.bis.org/publ/bisbull65.pdf Joseph Wang's latest piece on SOFR (paywalled): https://fedguy.com/long-live-sofr/ -- Follow Joseph Wang on Twitter https://twitter.com/FedGuy12 Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ Joseph Wang's YouTube channel: https://www.youtube.com/@Fedguy12 -- Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://rb.gy/5weeyw Market commentary, charts, degen trade ideas, governance updates, token performance, can't-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: https://rb.gy/feusos -- Timecodes: (00:00) Introduction (01:33) Origin Of The Eurodollar System (19:46) Eurodollar Deposits Rarely Take Losses, But Silicon Valley Bank's Eurodollars Are In Limbo And May Be Lost (26:12) Can Non-U.S. Banks Print Dollar Deposits At Will? (39:50) Banking As A Percentage of GDP Peaked Many Years Ago (43:14) Is The Rest Of The World Long Dollars, Or Short Dollars? (53:49) Is The De-Dollarization Narrative Just A Lot Of Hot Air? (01:11:49) Who's Going To Buy U.S. Treasurys? (01:20:38) The Dollar's Role Does Not Give The U.S. An "Exorbitant Privilege" (01:24:29) $35 Trillion Dollar Hidden Debt Via FX Swaps (01:38:05) Robert McCauley's Question For Joseph Wang On SOFR & LIBOR -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

"No Conspiracy, Just Concrete Facts!"In this ⁠mind-blowing episode⁠, join us as we delve into the fascinating world of central bank digital currencies (CBDCs) and explore the groundbreaking framework recently introduced by the Bank for International Settlements (BIS). Buckle up and prepare to have your preconceived notions shattered as we unravel the mysteries surrounding CBDCs, debunking any lingering doubts that this is just another wild conspiracy theory.Get ready to be blown away by the real deal, backed by concrete evidence and expert analysis. Don't miss this eye-opening discussion that will redefine your understanding of the future of money and the role of central banks in our rapidly evolving world. It's time to separate fact from fiction and embrace the truth about the ⁠BIS CBDC framework⁠ – a game-changer that's reshaping the global financial landscape! ★ Support this podcast on Patreon ★

"No Conspiracy, Just Concrete Facts!"In this ⁠mind-blowing episode⁠, join us as we delve into the fascinating world of central bank digital currencies (CBDCs) and explore the groundbreaking framework recently introduced by the Bank for International Settlements (BIS). Buckle up and prepare to have your preconceived notions shattered as we unravel the mysteries surrounding CBDCs, debunking any lingering doubts that this is just another wild conspiracy theory.Get ready to be blown away by the real deal, backed by concrete evidence and expert analysis. Don't miss this eye-opening discussion that will redefine your understanding of the future of money and the role of central banks in our rapidly evolving world. It's time to separate fact from fiction and embrace the truth about the ⁠BIS CBDC framework⁠ – a game-changer that's reshaping the global financial landscape! ★ Support this podcast on Patreon ★

This episode is sponsored by EY.On this episode of “Money Reimagined,” Michael Casey and Sheila Warren speak with the Head of Research at the Bank for International Settlements (BIS), Hyun Song Shin, about the recent release of the Annual Economic Report; discussing the tokenization of deposits and the creation of a unified ledger in which tokenized assets, deposits, and CBDCs could interact in the same platform. Casey, Warren, and Shin take a closer look at the challenges central banks are currently facing and dive into the immobilizing or locking of real-world assets and the legal impediments to tokenization.Topic Links:Bank for International SettlementsAnnual Economic Report 2023Summary List:Introduction to the BIS Economic Report Chapter 3. 1:35 The power of digital currencies and central banks. 4:39 How to harness the power of tokenization. 7:47 The wholesale vs. retail CBDC debate. 12:22 The singleness of money and stablecoins. 15:00 The central bank is the most trustworthy actor. 19:01 Singleness of money and interoperability. 20:23 Importance of preserving the value of money. 22:45 Support from central banks around the world. 26:13Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.From our Sponsor: EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency. EY: Helping you build a better working world. Find out more at blockchain.ey.comSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.On this episode of “Money Reimagined,” Michael Casey and Sheila Warren speak with the Head of Research at the Bank for International Settlements (BIS), Hyun Song Shin, about the recent release of the Annual Economic Report; discussing the tokenization of deposits and the creation of a unified ledger in which tokenized assets, deposits, and CBDCs could interact in the same platform. Casey, Warren, and Shin take a closer look at the challenges central banks are currently facing and dive into the immobilizing or locking of real-world assets and the legal impediments to tokenization.Topic Links:Bank for International SettlementsAnnual Economic Report 2023Summary List:Introduction to the BIS Economic Report Chapter 3. 1:35 The power of digital currencies and central banks. 4:39 How to harness the power of tokenization. 7:47 The wholesale vs. retail CBDC debate. 12:22 The singleness of money and stablecoins. 15:00 The central bank is the most trustworthy actor. 19:01 Singleness of money and interoperability. 20:23 Importance of preserving the value of money. 22:45 Support from central banks around the world. 26:13Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.From our Sponsor: EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency. EY: Helping you build a better working world. Find out more at blockchain.ey.comSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

20th June: Crypto & Coffee at 8

When it came to digital money useable on blockchain networks, the choice between central bank money and commercial bank money used to feel binary: Stablecoins and tokenised deposits and e-money were stopgaps pending the introduction of CBDCs. But as the threat of Stablecoins that were either global or issued by unregulated non-banks has receded, a more traditional hierarchy of money has asserted itself. CBDCs are likely to become the central bank digital money foundation on which myriad forms of digital commercial bank money will blossom.Central bank digital currencies (CBDCs) originated in need (to put fiat currency on blockchain networks) but also fear. Central banks were fearful that private forms of money based on blockchain technology would rob them of control of national and international monetary conditions. These fears were crystallised by the prospect of Facebook issuing a multi-currency Stablecoin called Libra.Having crushed Libra – whose remnants were sold to digital asset bank Silvergate in January 2022 – developed market central banks around the world are now bringing Stablecoins within the regulatory perimeter by privileging banks as issuers and prescribing what assets they can use to back a Stablecoin. This has released much of the pressure on the major central banks to issue CBDCs.There are currently just four CBDCs actually in issue – the Bahamas Sand Dollar, the Eastern Caribbean Dcash, the Nigerian eNaira and the Jamaican JAM-DEX – and all are developing slowly, with limited take-up. Significantly, all four were issued in developing economies, where the benefits of CBDCs in promoting financial inclusion and fighting financial crime are easiest to capture.Of another 93 countries exploring a CBDC – as monitored by the Atlantic Council CBDC Tracker – the most advanced (Brazil and Kazakhstan) fit the pattern. In all, just 17 are at the pilot testing stage. Of them, the Swedish eKrona project is the only one being pursued by a Western economy. 72 central banks are still developing or researching their plans, and the rest have stopped doing even that. True, the Bank for International Settlements (BIS) website records ten CBDC experiments in progress, with various combinations of banks and central banks taking part, and it is not hard to find others where the BIS is not involved. So the leading central banks have not lost interest in CBDCs, but they do now seem relaxed enough to let the private sector lead the digitisation of money.This reflects a consensus that a CBDC in a developed market must not disintermediate the commercial banks through which central banks influence monetary conditions. Nor are most central banks credible providers of customer-facing services such as digital wallets, foreign exchange and checking customers are not money launderers, terrorists or sanctioned businesses or individuals.There is an even more profound sense in which central banks are content to cede the leadership role, and it is this: CBDCs are emerging as the foundation of a layered system of issuance and distribution in which asset-backed Stablecoins issued by regulated banks, tokenised cash on deposit at regulated banks and e-money backed by cash held at regulated banks will provide the bulk of digital monies.To carry on reading, go to : https://futureoffinance.biz/is-this-how-cbdcs-will-happen-in-the-major-global-currencies/PanellistsRicardo CorreiaSenior Technology Executive at R3 Gilbert VerdianCEO at QuantBarney ReynoldsPartner, Global Head Financial Institutions, Governance & Advisory at Shearman and SterlingKeith BearFellow at the Centre for Alternative Finance, Judge Business School at the University of Cambridge Hosted on Acast. See acast.com/privacy for more information.

07th March: Crypto & Coffee at 8

It's hard to figure out how the whole financial system works. What is the Federal Reserve, Bank of International Settlements (BIS), International Monetary Fund (IMF), and World Bank, what they actually do and how these non-elected organizations have become so influential in shaping economic policies around the world. How the global government will use CBDC as a tool of censorship. What is the most important thing happening right now in markets that you think you may be missing?For Business inquiries, please go to ➡︎ show@geopoliticsinconflict.comJoin this channel to get access to perks:https://www.youtube.com/channel/UC5PW...About Our Team: https://www.globalperspectiveconsulti...Get our FREE PDF:  “3 Ways to Know if You are Hearing Truth or Lies” here  https://www.geopoliticsinconflict.com...Sign up for: No Nonsense Politics Course https://www.geopoliticsinconflict.com...Join Geopolitical Trends:  https://www.youtube.com/@UCAlDvZvtHsj... Join Heart of The Warrior: https://www.youtube.com/@elizabethann...Want to enjoy priority on our LIVE streams? Become our YouTube Channel Member today. This is different from our discord community Here is the link to join: https://www.youtube.com/@GeopoliticsI...Rumble: https://Rumble.com/GeopoliticsinconflictLocals: https://geopolitics.locals.com/Instagram: https://instagram.com/GeopoliticsInCo...Twitter:

Hosts: Ansel Lindner and Christian Keroles Special guest host: Nolan @countbtc Fed Watch is a macro podcast with a clear contrarian thesis of a deflationary breakdown of the financial system leading to bitcoin adoption. We question narratives and schools of thought, and try to form new understanding. Each episode we use current events to question mainstream and bitcoin narratives across the globe, with an emphasis on central banks and currencies. (links below or at bitcoinandmarkets.com/fed128) In this episode, I was once again joined by special co-host Nolan to go through the upcoming US debt ceiling debate, December US Producer Price Index (PPI), bitcoin at Davos 2023, and a new report from the Bank of International Settlements (BIS) discussing how to stop bitcoin. It was a fun and jam-packed episode. The December PPI was a shocker, -0.5% month-over-month for the headline number. Goods PPI was -1.6% and energy was -7.9%. These are large negative numbers and when paired with the Consumer Price Index (CPI) for December show a seachange in these so-called inflation metrics. Everything is pointing to a rapid and sudden reversal of these price measures. Davos had a panel where they discussed the “crypto” industry, because they are too scared to say “bitcoin” and give it special attention. We breakdown several aspects of what the panel said. I can sum it up as follows, ‘we need to find a way to regulate bitcoin so our client who want to invest and make gains still can. So, we don't want to kill it. We also, don't want to give it legitimacy through regulation, because that will eat away at our control of money. But it's not all that important anyway, so don't attract attention to it by treating it as such.' Something like that. The BIS report was very interesting. They are looking for ways to stop bitcoin, but they had to conclude that it can't be banned or contained. It can be regulated, but that brings up a myriad of very hard questions that they don't know how to answer yet. Thanks for joining us. If you are reading this, hit the like and subscribe button! THIS EPISODE'S SPONSORS: Moon Mortgage - https://www.moonmortgage.io CrowdHealth - https://www.joincrowdhealth.com/bitcoin Bitcoin 2023 Miami - https://b.tc/conference/ Bitcoin Magazine - https://store.bitcoinmagazine.com/ Bitcoin Magazine Pro - https://bitcoinmagazine.com/tags/bitcoin-magazine-pro Lower your time preference and lock-in your BITCOIN 2023 conference tickets today! Use the code BMLIVE for a 10% Discount! https://b.tc/conference/2023 Use promocode: BMLIVE for 10% off everything in our store!

This episode is sponsored by Bitstamp and the Galaxy Brains Podcast.The most valuable crypto stories for Friday, Dec. 16, 2022."The Hash" team discusses some of the top news stories shaping the crypto markets today. New papers from the Bank for International Settlements (BIS) said that decentralized finance (DeFi) could lead to bumpier financial markets and may not fix problems of large intermediaries dominating. Plus, crypto exchange Gemini is back online after being down for over seven hours due to scheduled maintenance, the firm said.See also:DeFi Can Exacerbate Volatility Without Even Avoiding Middlemen, BIS Reports SayCrypto Exchange Gemini Back Online After Being Down for Over Seven HoursThis episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”-Bitstamp is the longest-running crypto exchange and was recently rated #1 in the world by CryptoCompare. Regulation, transparency, and security are pillars that ensure customers' funds are safe; it's the Bitstamp way. Learn more about how your crypto is always yours at bitstamp.net.-Galaxy Brains: Whether it's breaking down market volatility or analyzing the latest development, come for the latest market insights from our in-house trading professionals and renowned experts from across the industry. Stay for the occasional rap from host Alex Thorn. Check out the latest episodes here: https://www.galaxy.com/research/podcasts/galaxy-brains/?utm_source=Hash&utm_medium=podcast&utm_id=CoinDeskSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's edition of Boiler Room, Alfonso Peccatiello walks through his most recent article on The Macro Compass titled "The BIS ''Hidden USD Debt'' Story Explained". This week the Bank for International Settlements (BIS) released a bombshell report that made the rounds reporting on the roughly $100 Trillion in "hidden" USD debt. Alfonso walks through the mechanics of the report and dispels some of the doomsday scenarios that made some headlines. To find out more, you'll have to tune in! — Follow Alfonso: https://twitter.com/MacroAlf  Follow Blockworks: https://twitter.com/Blockworks_  Follow Boiler Room: https://twitter.com/PodBoilerRoom Subscribe To The Macro Compass: https://themacrocompass.substack.com/  Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ — Referenced In The Show: The BIS ''Hidden USD Debt'' Story Explained: https://themacrocompass.substack.com/p/usd-hidden-debt#details Dollar debt in FX swaps and forwards: huge, missing and growing: https://www.bis.org/publ/qtrpdf/r_qt2212h.htm — Timestamps: (00:00) Intro (02:14) King Dollar Matters (05:46) What's This ‘‘Hidden Debt'' All About? (09:18) Where Is The Problem? (14:27) Final Thoughts — Disclaimer: Nothing discussed on Boiler Room should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

'It'll wipe out every dollar in the world' - new crash fears as $80trillion 'goes missing' This warning does not come from some headline-grabbing doomsayer but arguably the most respectable financial body of all, the Bank of International Settlements (BIS). This is a body of central bankers based in Basle, Switzerland. The threat is lurking in the foreign exchange debt swap market, which is so complex few understand it and there is little control over its workings. Reuters reports that pension funds and other "non-bank" financial firms have more than $80trillion of hidden, off-balance sheet dollar debt in FX swaps. BIS described as the FX swap debt market as a "blind spot" that risks leaving policymakers in a total "fog", the latest BIS quarterly report said. This is just my opinion. PS: If you enjoy my content, I will think of you while drinking my coffee. – Buy Me a Coffee The Slippery Slope Spotify J Fallon Apple Music J Fallon Spotify J Fallon YouTube The Slippery Slope Apple Podcasts The Slippery Slope YouTube The Slippery Slope Stitcher --- Send in a voice message: https://anchor.fm/jason-fallon/message

SBTV spoke with Chris Powell, Secretary and Treasurer of the Gold Anti-Trust Action (GATA) Committee about central banks' efforts to silence gold and why the Bank of International Settlements (BIS) gold swaps collapse this year could signal the end of paper gold markets.

03rd Nov

27th Oct

28th Sep Live❗ Dubai Metaverse Assembly in the Metaverse via YouTube here https://bit.ly/3SIPhJb agenda here https://bit.ly/3BSqBXD Museum of the Future DUBAI FUTURE FOUNDATION. Check out Blockchain DXB podcast every Friday “Metaverse Everything” here

In this first part of a two part series, we highlight financial regulation - what some might consider a dry subject, but FSI can't get get by without it. This first podcast is taken from a keynote panel from OSFF (Open Source in Finance Forum) from London '22. There are a lot of exciting things we're working on the FINOS Regulation Innovation Special Interest Group (SIG), and this panel discussion helps set the stage for where we believe financial regulation stands today, where we think it is going, and then will set us up for some work / announcements that will be coming out in December '22 around Reg, that you can get involved in now: https://www.finos.org/open-regtech Panelists: Jane Gavronsky - CTO, FINOS - https://www.linkedin.com/in/janegavronsky/ Jennifer Lassiter, Executive Director, The Digital Dollar Project (formerly with the US FDIC) - https://www.linkedin.com/in/jbrookslassiter/ Anna Wallace, SPO Consumer Protection & RegTech, The Bill & Melinda Gates Foundation (formerly with the UK FCA) - https://www.linkedin.com/in/anna-wallace-666b764a/ Francesca Hopwood Road, Centre Head, Bank for International Settlements (BIS) - (also formerly with the UK FCA) - https://www.linkedin.com/in/francesca-hopwood-road-ab040b15/ Video Version if Panel: https://www.finos.org/hubfs/OSFF%202022%20London/Videos/Keynote%20Panel%20Regulation%20Innovation_e3.mp4 FINOS Open RegTech: https://www.finos.org/open-regtech FINOS Regulation Innovation SIG: https://github.com/finos/open-regtech-sig Register for OSFF NYC - Standard Registration ends October 19 (Members attend for free, but register early to be entered to win FINOS swag): https://events.linuxfoundation.org/open-source-finance-forum-new-york/register/ OSFF London Videos & Pics: https://resources.finos.org/znglist/osff-london-2022-video-recordings/?c=cG9zdDo5OTA2MjA= Grizz's Info | https://www.linkedin.com/in/aarongriswold/ | grizz@finos.org ►► Visit FINOS www.finos.org ►► Get In Touch: info@finos.org

Welcome to episode 130 of Activist #MMT. Today's part four of a six-part series with Texas Christian University (TCU) economics professor and Cowboy Economist John Harvey. Parts four through six are also the first main interview of Activist #MMT hosted by someone other than me. Today's guest host is my own former guest, MMT researcher, Texas lawyer, and pmpecon.com author, Jonathan Wilson. (Jonathan and I spoke in episodes 106 and 107.) (A list of the audio chapters in this episode can be found at the bottom of this post. Here's a link to part one in this six-part series with John, which contains a link to all other parts. For a link to every Activist #MMT interview with John – plus the full audio of every Cowboy Economist video – go here.) This three-part interview with John and Jonathan is wide ranging and in-depth. They start by discussing the difficulties nations face managing their currencies, such as during major conflicts, natural or man-made disasters, and in the global south. They also discuss these things from the perspectives of holders of various currencies, both in and out of a country. In part two, they continue this conversation. In the second half of part two, John gives his extended thoughts on a recent critique of MMT by Drumetz and Pfister. Finally, in part three, they focus on some of the core assumptions and ideology of mainstream economists. They also discuss how some assume inflation to always caused by too much demand and too high wages, despite clear empirical evidence that it's caused by something else. You'll find links to many resources, as mentioned by John and Jonathan throughout these three parts, in the show notes. And now, onto Jonathan's conversation with John Harvey. Enjoy. Resources 2004 book by Ilene Grabel and Ha-Joon Chang: Reclaiming Development: An alternative economic policy manual 2017 book by Ilene Grabel: When Things Don't Fall Apart John Harvey, intermediate macro, 30 lectures (discusses problems with general equilibrium models) Paul Romer "post-real" paper, The Trouble with Macroeconomics and Trouble with Macroeconomics, Update - Paul Romer George DeMartino (Ilene Graebel's husband) 2013 , Professional Economic Ethics: Why Heterodox Economists Should Care Megacorp. an oligopoly by Alfred Eichner (John: somewhat outdated but still important) Steve Keen 1995 paper in Journal of Post Keynesian Economics, Finance and economic breakdown: modeling Minsky's "financial instability hypothesis" 2011 post by Warren Mosler, Proposals for the Banking System Audio chapters 3:30 - Video games 7:12 - We need an MMT game 10:58 - The plan 11:31 - What happened to the ruble and domestic inflation in Russia this year? 15:02 - How does Russia manage the price of the ruble through, Gasprom, which is a privately owned bank? 17:00 - What are foreigners who held rubles before the war now doing? 19:53 - Timeline of Russian management of the ruble through the conflict 21:38 - Russian versus non-Russian holders of the ruble 23:08 - Bank of International Settlements (BIS) tri-annual survey of international transactions 26:07 - What might happen after the war? 28:11 - Strong currency as a cause versus as an effect. 33:24 - Ilene Grabel 34:21 - Decrease in price drives demand up, but not enough to drive the price back up to the original level. (No perpetual motion machine) 38:36 - Holding foreign currencies as a form of portfolio diversification. 49:57 - Should countries force others to purchase things in their home currency? 53:55 - Hierarchy of currencies, 1-5 58:59 - What is a low-value exporting country to do? 1:04:35 - The deficit can be evidence of an external desire to save 1:08:16 - Currency markets are driven by financial capital flows, not trade flows. 1:12:00 - Duplicate of introduction, with no background music (for those with sensitive ears)

De Bank for International Settlements (BIS) dringt er bij centrale bankiers op aan in te grijpen. De reële rentes zijn nog steeds negatief nu de rente stijgt, maar de inflatie nog veel hoger is. 'Kennelijk zijn ze bij de BIS er niet helemaal van overtuigd dat centrale bankiers echt ingrijpen', zegt redacteur macro-economie Marijn Jongsma van het Financieele Dagblad.  De Bank for International Settlements coördineert centrale bankpolitiek. Er is overleg tussen monetaire autoriteiten binnen de BIS. 'Het is eigenlijk de bank der centrale banken', zegt Jongsma, 'De BIS is ook een spil in het opleggen van kapitaaleisen aan banken, zoals Basel I, II en III'. Opgericht in de jaren '30 om de Duitse herstelbetalingen te distribueren, zetelt de instelling in Basel.   Volgens Jongsma zijn de centrale bankiers druk in de weer om het inflatiespook te bezweren, maar is de BIS daar 'kennelijk niet helemaal van overtuigd'. Vandaar de extra aansporing. De BIS wijst erop dat de reële rentes nog steeds negatief zijn - de rente stijgt, maar de inflatie is nog hoger. 'Conclusie: als je zo'n beleid niet hard genoeg voert en er is nog steeds sprake van negatieve rentes, dan ben je per saldo aan het stimuleren. Dus is de boodschap: stap nog harder op die rem'.  De BIS spreekt van een kantelpunt. Volgens Jongsma is dat echter naderhand pas met zekerheid te zeggen. 'We hebben jarenlang in een lage inflatie-omgeving gezeten waarbij mensen ook niet zo veel acht sloegen op prijsstijgingen. Er was ook weinig onderzoek naar: af en toe werd iets duurder, dan verdween dat weer uit de cijfers. Het het was niet on top of mind.'  'Maar als je in hoog inflatieregime terecht komt, dan gaat iedereen zich enorm focussen op dat cijfer: vakbonden gaan zich organiseren, iedereen wil kortlopende contracten, mensen komen met indexatie-eisen. Kortom, het is de klassieke loonprijsspiraal'. Volgens Jongsma moet voorkomen worden dat het tussen de oren gaat zitten en dat mensen gaan anticiperen op een hogere inflatie in de toekomst. 'Er moet een grote plas koud water over die economie gegooid worden.' See omnystudio.com/listener for privacy information.

Michele Curtoni heads the strategy and new business development at SDX, SIX's regulated digital asset exchange platform, which is part of the SIX Financial Group, the financial market infrastructure of Switzerland. In this podcast we discuss a wide range of topics from wholesale CBDC projects, cryptocurrencies and a lot more from the optic of a regulated digital asset platform. What is blockchain? The first time Michele was explained what is blockchain was in 2014/15. At that time it was described to him as an append only data structure. It's an Excel where you never can delete a row, you can only add them, but you can look up whatever you wrote before and what other people wrote before it. It has a chatter effect where you have to validate what is heard by the participants in a “room”. In terms of how it applies to the financial industries, it comes down to the ledger, the compression of the ledger, intermediaries and malicious actors onto a network and how the validation of the blocks would work. SIX and SDX SIX is the financial market infrastructure of Switzerland. SIX operates the infrastructure for the Swiss and Spanish financial centres. The BME (Bolsa de Madrid), the stock exchange of Spain, was acquired by SIX in 2020. SIX runs the CSD, central securities depository, in Spain, the clearing house called X-Clear and the listed exchange. Michele describes, SDX as a bet that SIX took a few years ago to start capitalising on the blockchain revolution. There was a recognition that SIX needed to prepare itself for this digital revolution of digital assets and crypto currencies hitting the traditional FMI space. SDX was built to cater for this new business, of both crypto and digital securities by creating a kind of CSD on blockchain to tokenise those digital regulated securities. In September 2021, FINMA, the Swiss Financial Market Supervisory Authority issued two approvals to operate financial market infrastructures based on blockchain. Specifically, FINMA has authorized SIX Digital Exchange AG to act as a central securities depository and the associated company SDX Trading AG to act as a stock exchange. This was the first time that a licence has been issued in the Swiss financial centre for infrastructures that facilitate the trading of digital securities in the form of tokens and their integrated settlement. This proved that you can build a CSD under a specific regulatory regime, using a private DLT This allows for atomic settlements, trading and settling at the same time, and for smart contract enablement. In November 2021, SIX issued its own dual tranche bond to fund the M&A transaction to acquire BME. The CHF 150m ($162m) bond was composed of a CHF 100m digital bond listed on SDX and CHF 50 million conventional bond listed on the SIX Swiss Exchange. The splitting of that bond in this manner was voted by the participants. The bond was oversubscribed and the rating was equal across the two channels. Wholesale CBDC projects SDX participated in two wholesale CBDC projects. Project Helvetia, was conducted by SND, the Swiss National Bank, the Bank for International Settlements (BIS), SIX/SDX and 5 commercial banks. The project looked at introducing a Digital Swiss Franc as a CBDC in Switzerland. Project Jura, the second wholesale CBDC project involved Banque de France, BIS, SDX and the Swiss National Bank. The project aimed       to enable instant settlement of foreign currency transactions as payment versus payment (PvP) and the use of wholesale CBDC to pay for tokenized commercial paper transactions as delivery versus payment (DvP) with immediate settlement. The project also aimed to explore how cross border central bank movements of assets and money would work. It looked at the concept of DvP, of commercial paper, in this case issued under French law against a Euro CBDC and then a PvP of that Euro CBDC versus the Swiss Franc CBDC. So, a transfer of assets versus cash and then cash versus cash.

--{ "If They don't Get What They Want, They Make it Happen"© CTTM}-- Original Broadcast 26 April 2020 - If They don't Get What They Want, They Make it Happen - Oklahoma City Bombing - I Came Out with the Phrase "New Normals" - Tom Clancy, CIA - After WWI, Groups Tried to Stop Another World War from Happening; Paris Conference, Bankers - Carroll Quigley's books, CFR, RIIA; Boer War - Terror; Tell Public Lies; Everyone had to Have Gas Masks, Digging Trenches - Propaganda, Public Relations - Communists wanted a Revolution, Made the People as Miserable as Possible - Hollywood's Hatred for Rural People, Especially Southerners; Country Militias - Clinton, Anti-terrorism Bill; Canada Passed Similar Bill in the Late 1990s - Technocrats - Waco, Government Went after a Small Group; David Koresh; Janet Reno, Ring of Black-Clad Agents Bowing to the Fire, Very Occult - Hatred of Christianity - Scientists are the New Priesthood - Trilateral Commission, Rockefeller - H.G. Wells, Bypassing Politicians - Jacques Ellul, the Importance of Education for Early Indoctrination; Trained to be Uniform - Teacher Unions, U.N., UNESCO; Groupthink - Social Engineering, Marxist Theories - Tony Blair, Oil; What Wars are Really About - Mercenaries, Soldiers - Plundered at Least Twice a Century - Bank for International Settlements (BIS), International Monetary Fund (IMF); World Bank - GATT, Free Trade - Philanthropists - Work, Purpose, Routine - Maurice Strong, Biodiversity, Rio, Interdependence; Post-Industrial, Post-Consumer - Police; Milgram Experiment - Brotherhoods and the Swears They Take - Head of the W.H.O.; CDC, NIH; They All Parrot the Same Lines - Scientific Tyranny - Religion Protected Peasants for Centuries - The Law of God Gives You Rights - Scientific Socialism, Rule by Experts - H.G. Wells, George Bernard Shaw, Destruction of Family Allows State to Dictate Directly to the Individual - Private Business, Vaccines - Wartime Scenarios, Fun to Eat Less, Cook Up and Eat Crickets and Ants; Dancing Nurses. *Dialogue Copyrighted Alan Watt - Apr. 26, 2020 (Exempting Music and Literary Quotes)

--{ "If They don't Get What They Want, They Make it Happen"© CTTM}-- Original Broadcast 26 April 2020 - If They don't Get What They Want, They Make it Happen - Oklahoma City Bombing - I Came Out with the Phrase "New Normals" - Tom Clancy, CIA - After WWI, Groups Tried to Stop Another World War from Happening; Paris Conference, Bankers - Carroll Quigley's books, CFR, RIIA; Boer War - Terror; Tell Public Lies; Everyone had to Have Gas Masks, Digging Trenches - Propaganda, Public Relations - Communists wanted a Revolution, Made the People as Miserable as Possible - Hollywood's Hatred for Rural People, Especially Southerners; Country Militias - Clinton, Anti-terrorism Bill; Canada Passed Similar Bill in the Late 1990s - Technocrats - Waco, Government Went after a Small Group; David Koresh; Janet Reno, Ring of Black-Clad Agents Bowing to the Fire, Very Occult - Hatred of Christianity - Scientists are the New Priesthood - Trilateral Commission, Rockefeller - H.G. Wells, Bypassing Politicians - Jacques Ellul, the Importance of Education for Early Indoctrination; Trained to be Uniform - Teacher Unions, U.N., UNESCO; Groupthink - Social Engineering, Marxist Theories - Tony Blair, Oil; What Wars are Really About - Mercenaries, Soldiers - Plundered at Least Twice a Century - Bank for International Settlements (BIS), International Monetary Fund (IMF); World Bank - GATT, Free Trade - Philanthropists - Work, Purpose, Routine - Maurice Strong, Biodiversity, Rio, Interdependence; Post-Industrial, Post-Consumer - Police; Milgram Experiment - Brotherhoods and the Swears They Take - Head of the W.H.O.; CDC, NIH; They All Parrot the Same Lines - Scientific Tyranny - Religion Protected Peasants for Centuries - The Law of God Gives You Rights - Scientific Socialism, Rule by Experts - H.G. Wells, George Bernard Shaw, Destruction of Family Allows State to Dictate Directly to the Individual - Private Business, Vaccines - Wartime Scenarios, Fun to Eat Less, Cook Up and Eat Crickets and Ants; Dancing Nurses. *Dialogue Copyrighted Alan Watt - Apr. 26, 2020 (Exempting Music and Literary Quotes)

The top crypto news, reports, stats of the week and give our latest crypto forecast. A macro, mid-macro, and short term forecast for the crypto market as well as a deep dive on a few reports by The Bank for International Settlements (BIS) and a new report by Chainalysis showing Europe becoming the largest crypto economy with over $1T In transactions in DeFi.