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Cryptoglobe
Cryptoglobe
Russia's Central Bank Boosts Gold Reserves to Counter Economic Sanctions
7 days ago
Binance Announcement
Binance Announcement
followers

This is a general announcement. Products and services referred to here may not be available in your region. Activity Period: 2023-09-18 00:00 (UTC) to 2023-09-24 23:59 (UTC) Binance is pleased to launch a new promotion for Word of the Day (WOTD)! WOTD is an educational word-guessing game which allows users to increase their crypto vocabulary and stay on top of the latest market developments at the same time. The theme of this week is Central Bank Digital Currencies. Read selected articles to learn more about this topic and participate in this week’s WOTD. All eligible users will stand to equally share a pool of 500,000 Binance Points, which can be used to redeem rewards at the Rewards Hub. For more information on Binance Points, please refer to the FAQ. How to Win: All users are eligible to play up to two WOTD games per day.Get a total of five correct answers during the Activity Period to be eligible for an equal share of 500,000 Binance Points, which can be used to redeem rewards at the Rewards Hub.Tip: The theme of this week’s WOTD is Central Bank Digital Currencies. How to Get the Second WOTD: After the first game, click "Get A New WOTD".Share one of the selected articles of the day on social media.Unlock the second WOTD game once the selected article is successfully shared on social media and the shared link is clicked. New User Welcome Bonus: In addition, all new users who register for a Binance account using the “WOTD2023” referral code or this referral link during the Activity Period, will each receive 10% off their spot trading fees. Users can also qualify for additional welcome rewards by completing the tasks stipulated at the Rewards Hub within 14 days after registration. Play WOTD Now to Earn Rewards! Related Readings for This Week’s WOTD: Central Bank Digital Currency and Digital Fiat Currency: What You Need to KnowCentral Bank Digital Currencies (CBDC) Explained Terms & Conditions: These terms and conditions (“Activity Terms”) govern your participation in this WOTD activity (“Activity”). By participating in this Activity, you agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy; all of which are incorporated by reference into these terms and conditions. In the case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy.The WOTD mini-game may not be available in your region. Only users from qualified regions who complete account verification shall be eligible to participate and receive rewards.Users can play up to two WOTD games daily. To unlock the second WOTD of the day, click "Get A New WOTD" after the first game and share any selected article of the day on social media. The sharing will be deemed successful after the shared link is clicked. All Binance Points will be distributed within two weeks after the Activity ends. Users will be able to log in and redeem a variety of rewards using Binance Points via Account > Rewards Hub. Please note that each Binance Point will expire on the last day of the same month when it was first distributed a year later, if it was not used to redeem rewards at the Rewards Hub. For the new user welcome bonus: The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. Users can qualify for welcome rewards by completing the tasks stipulated at the Rewards Hub within 14 days after registration.Binance reserves the right to disqualify user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk registered accounts, self dealing, or market manipulation).Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

11 days ago
Rexbox
Rexbox
followers

France, through unjust agreements, has been controlling the foreign currency reserves of several African countries since 1961. These countries include Benin, Burkina Faso, Guinea-Bissau, Cote d'Ivoire, Mali, Niger, Senegal, Togo, Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon. Some sources estimate that France has amassed over 500 billion dollars from these nations. Under these agreements, France permits these countries to access only 15 percent of their reserves annually. If they need more, they must request a loan from France and repay it with market interest rates. This colonial system has turned former French colonies in Africa into perpetual colonies, and the idea of independence has become nothing more than words on paper. France has connected these nations through a permanent colonization strategy, imposing conditions through intimidation and exactions. These conditions have included the use of the "CFA franc," also known as the "African Colonial Franc," as well as control over education, military agreements, and trade relations. The French exploitation, which began in the 1950s, involved clauses in the independence agreements with African countries: The newly independent African countries had to repay colonial debts to France in exchange for what France considered to be the benefits of its colonial rule. Automatic seizure of national reserves: France compelled these countries to deposit their cash reserves in the French central bank. Since 1961, France has taken control of the foreign currency reserves of Benin, Burkina Faso, Guinea-Bissau, Cote d'Ivoire, Mali, Niger, Senegal, Togo, Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon. Some sources suggest that France has accumulated more than 500 billion dollars from these countries. France allows these nations access to only 15 percent of their reserves annually. If they require more, they must request loans from France and repay them with market interest rates. The following are among the oppressive measures imposed by France on these nations: France's right to refuse the exploitation of discovered raw materials or natural resources: France reserves the right to assess any mineral, raw material, or natural resource found in its former colonies. If France isn't interested in exploiting the resource, the colony can seek other partners. Priority for French interests and companies in public contracts: According to French dictates, priority must be given to French companies in all contracts and public deals. Only if French companies aren't interested can the colonies search for other partners, regardless of the superiority of non-French offers in terms of importance, quality, and cost. Exclusive right to supply military equipment and train military personnel: France maintains a complex system for sending military personnel from its colonies for training in France or institutions run by the French. This has led to accusations of creating dormant cells under French influence that can be exploited when needed. France's right to send its troops and intervene militarily in these countries: France has the right to intervene militarily and deploy permanent French forces in its colonies based on defense agreements. These conditions, among others, also include France's imposition on these African nations to forsake military alliances with other countries unless authorized by France. Additionally, these nations are obligated to form alliances with France in case of war or major international crises. Has the story ended here? Not at all—it's far from over.

4
about 1 month ago
Dyacon_frost
Dyacon_frost
followers

Binance has started to include sanctions for Russian Federation, Tether publishes fakes, and the BRICS have a massive addition. Summarizing the results of the week - push 👍 💎 Cryptocurrencies 1️⃣ Tether reported that USDT is 100% secured and there is a reserve fund of $3.29 billion. And everything would be fine, but then the picture was spoiled by fake photos of a $250 million mining center (https://twitter.com/paoloardoino/status/1694652639579980142). And now the community has a question, if the miners from Tether are not real, then maybe things are not as smooth with their reserves as they tell 😱 2️⃣ 🔸 A Chinese official got (https://www.court.gov.cn/fabu/xiangqing/409502.html) a life sentence with confiscation for taking bribes from miners. He's still lucky, you can visit the firing squad for bribes in China. And in general - this is the best demonstration of what the Celestial Empire has plans for cryptocurrencies. And it's definitely not about the ToTheMoon 🙃 🌐 Financial News 1️⃣ The Fed chief spooked the markets with his plans to bring inflation to 2% for which he is not averse to continuing tight monetary policy. This time it was over quickly and the S&P 500 went green again because Powell didn't announce anything unexpected. What the Fed will actually do we will find out on September 13 when the inflation data for August is released 2️⃣ Turkey's Central Bank has abruptly raised (https://www.tcmb.gov.tr/wps/wcm/connect/EN/TCMB+EN/Main+Menu/Announcements/Press+Releases/2023/ANO2023-32) its key rate by 50 bps to 25%. One could say that this is the end of Erdogan's economic experiment, when inflation was fought with low rates. But this is only a first impression, if the high rate does not play out (which is already evident in the lira exchange rate), then Erdogan can once again turn on the leader and move the Central Bank away from managing the economy. Where this could lead to we have already seen..... 😬 3️⃣ Iran, Saudi Arabia, Argentina, UAE and Egypt have received (https://noticias.uol.com.br/colunas/jamil-chade/2023/08/23/lideres-definem-que-brics-deve-ter-expansao-de-5-ou-6-paises.htm) an invitation to BRICS. If the Saudis and UAE look like strong additions, Iran, Argentina and Egypt, where inflation is 40-60% and this is official data, such an acquisition. Let's remember that BRICS does not have any official status, it is not NATO or even the EU. It's just China putting together an interest club to expand its own influence. And most importantly, almost no specifics about a new currency in the form of a dollar killer. Yuan is not ready for that yet, and China doesn't need another currency 😇

3
1
about 1 month ago

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