/biz/ - Business & Finance

this is interesting, i'm just now hearing about it.
https://www.reuters.com/article/us-g7-imf-idUSKBN2AB2CR

"G7 seen backing issuance of new IMF SDRs: sources"
PARIS (Reuters) - Group of Seven finance ministers are likely to back a new allocation of the International Monetary Fund’s own currency, or special drawing rights, at an online meeting on Friday to help low-income countries, sources said.
A new issuance is similar to when a central bank prints money as the new SDRs give each IMF member more reserves to draw on in proportion to their shareholding in the Fund.

Officials from the United States, the IMF’s biggest shareholder, have signalled they are open to a new issuance of $500 billion, sources said - a clear shift in position under the administration of new U.S. President Joe Biden.

“We expect Friday’s G7 meeting to take decisions on important initiatives, and for France that is the question of a new allocation of IMF special drawing rights,” a French finance ministry source said.

A consensus among the G7 rich nations would pave the way for a broader agreement among G20 countries next month, which could in turn set the stage for a formal decision at the IMF’s annual spring meeting in April.

meanwhile: https://cointelegraph.com/news/g7-to-discuss-cbdc-and-digital-taxation-this-week
(from February 9 2021)

Seems that discussions are being had at the highest levels currently. I'm interested to see what comes of them.

previous thread >>26431836

PSA: If you are in the US and still want XRP, you can buy it on Uphold or transfer other crypto to Kraken and trade it for XRP

>Flare/Spark Tutorial:
https://www.youtube.com/watch?v=-bMGWE6dJiw

Flare Finance Intro:
https://www.youtube.com/watch?v=OA7UN3RboLM

https://blog.flare.xyz/creating-and-redeeming-fxrp/

>SEC Lawsuit
https://www.sec.gov/news/press-release/2020-338

https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf

>Staggered Spark token distribution
https://blog.flare.xyz/further-information-on-the-spark-token-distribution/

>XRP Ledger
https://dex.xrplapps.com/

>Flare Finance Source Code
https://github.com/flrfinance/

>XRP/Flare Decentralized Finance
https://flr.finance/

>XRP Richlist Stats
https://ledger.exposed/rich-stats

>Past /XSG/ Threads:
https://pastebin.com/pZdQbREq

>Insiders Threads:
https://pastebin.com/Z39w20qf

>Insider/UHNWI/Mellon Threads:
>>/biz/thread/S16595583
>>/biz/thread/S17266853
>>/biz/thread/S17914598
>>/biz/thread/S18102776
>>/biz/thread/S18417446
>>/biz/thread/S19283439
>>/biz/thread/S19919081
>>/biz/thread/S19980410
>>/biz/thread/S20098041
>>/biz/thread/S20429829
>>/biz/thread/S20720991

>The Myth of Market Cap:
http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2

>XRP FUD BINGO
fudbingo.com

>Twitter:
https://twitter.com/@JoelKatz
https://twitter.com/@looP_rM311_7211
https://twitter.com/PRX113 [Mr. Pool archives]
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>What wallet do I use?
Hot storage - XUMM or TrustWallet
Cold storage - Paper/Metal or Ledger/Trezor
***Do not use Droplet wallet - it's a scam***

>>26433953
i too am eating beans and rice now so i can eat steak and champagne later

2021 is the year