Texas To Launch A Gold-backed Currency

By ZeroHedge – Texan senators introduced a Bill that would require the state comptroller to establish a digital currency that is fully backed by gold. The state of Texas would hold gold backing the currency in trust on behalf of …

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And there it is.. The Federal Reserve has announced it will launch the service FedNow in July, which will allow banks to instantly transfer payments across the financial system. We live in a different world now.

via reuters: March 15 (Reuters) – The U.S. central bank will launch its “FedNow” instant payment service in July, the Federal Reserve said on Wednesday, with certification and testing for early adopters starting in the first week of April.  

ETF That Bets Against Bitcoin to Launch

First exchange-traded fund to short the world’s biggest digital currency to debut amid crypto’s huge price slide Financial firm ProShares is ready to roll out the first U.S.-listed short bitcoin futures exchange-traded fund this week, allowing investors to effectively bet …

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