CBDCs: Financial Exclusion

Karlysymon

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Lalas

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September 8, 2022
The Central Bank will promote the possibility of cross-border settlements using the digital ruble
The head of the regulator, Elvira Nabiullina, said that many Russian banks are actively participating in the experiment of introducing the digital ruble

MOSCOW, September 8. The Bank of Russia will actively promote the possibility of cross-border settlements using the digital ruble. This was announced on Thursday by the head of the Central Bank of the Russian Federation Elvira Nabiullina.

VTB has started testing digital rubles
The Prosecutor General of the Russian Federation called for the introduction of a digital ruble to improve the business climate

The Central Bank considers the digital ruble a preferred alternative to private stablecoins
"We will actively promote the possibility of cross-border settlements using the digital ruble," she said in an interview for the Rossiya-24 TV channel film dedicated to the 220th anniversary of the Ministry of Finance of the Russian Federation.

Nabiullina noted that many Russian banks want to participate and are actively participating in the experiment of introducing the digital ruble. According to her, the experiment will last until 2023. "Next year we will already start carrying out a separate type of operations in a limited size in order to gradually begin to introduce it into circulation," she added.

Deputy Finance Minister of the Russian Federation Alexey Moiseev previously reported that the Ministry of Finance and the Central Bank agreed that in the current conditions "it is impossible to do without cross-border payments in cryptocurrency."

Moiseev explained that the essence of the ministry's proposal is that people should have crypto wallets similar to those that are now being opened on the Internet. At the same time, control is necessary so that there is no laundering, payment for drugs, and so on.

The Bank of Russia confirmed the discussion on the legalization of cross-border settlements. At the same time, the regulator opposes the legalization of crypto exchanges, exchangers and settlements in cryptocurrency within Russia.

Elvira Nabullina/Elvira Nabullina, Dmitry Medvedev & Anton Silaunov (the finance minister) - good company, multipolar :D
Bali Declaration of the Leaders of the Group of Twenty
As a result of the G20 meeting in Indonesia, the Bali Declaration of G20 leaders was adopted.
November 16, 2022

...
27. We support the further implementation of the G20 Roadmap for Improving global cross-border payments, including the preparation of initial calculations of key performance indicators for monitoring the implementation of quantitative goals and a progress report on the implementation of the roadmap for 2022 with priorities for further work. We encourage central banks and other regulators, as well as the payment services sector, to continue to cooperate on these important initiatives to improve cross-border payments. We welcome the report of KPRI BIS “Interconnection of Payment Systems and the Role of Application Programming Interfaces (APIs): Approaches for Cross–border payments”, which was presented at the seminar on cross-border payments and compatibility, organized by the Indonesian Chairmanship jointly with KPRI and the BIS Innovation Center within the framework of the Indonesian Festival of Digital Economy and Finance – 2022. We also welcome the joint report of the BIS CPRI, the BIS Innovation Center, the IMF and the World Bank on approaches to access and compatibility of central banks’ digital currencies for cross-border payments. …"
 
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Karlysymon

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2014
WEF chairman hopes forum will help push "reset" button on world economy (2mins)


 

Karlysymon

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I was digging around for some information and Klaus Schwab’s speech in 2014 at the World Government Summit got my attention because I found it prescient. Davos takes place every January and the WGS is every February. Schwab has attended every single WGS except for the inaugural year. So right after his “reset button” comments about above, the very next month he goes to WGS to talk about “Uberization of the economy”….how we are going to have an app to access gov’t services(digital ID) and most intriguingly “At the 10th or 15th summit we will pay not necessarily with Bitcoin but with some virtual currency.”

The WGS was formed in 2013. This year (in a week or two) will be the 10th summit and many people are saying that this year is when the currency reset happens. I found his speech prescient enough because back in 2014, he and his handlers knew and had this plan to go in effect sometime between 2023-2028.

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Karlysymon

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Interesting that he is even saying this


That very scenario was explored in this video (at 7min mark)
 
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DavidSon

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Uggh what a buzzkill. With 7000 posts and 50 threads don't try to dominate this discussion too. Give it a break. You posted the same video in multiple threads. With everything happening there's infinite reactions. I'm here to read from KS., Lucy, OM, DR, RQ, Dalit, Morita, etc. the other women leaders and truth seekers at VC, not you. The revolution against bio-tech and the transhumanism agenda is from our sisters. Eknock please stop with the incessent videos you're getting weird chill :D
 
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Maldarker

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Fiat currency is all but dead just waiting for the death nil. Going digital thats the wave of the future. So much easier to control & track... ;) And you know we are going to take it lol thats the crux.
 
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