"We Track the Financial Collapse For You,
so You'll Thrive and Profit, In Spite of It... "

Fortunes will soon be made (and saved). Subscribe for free now. Get our vital, dispatches on gold, silver and sound-money delivered to your email inbox daily.

Safeguard your financial future.
Get our crucial, daily updates.

Buy Gold and Silver

France, Singapore, Switzerland jointly test central bank digital currencies

Originally posted on Reuters (Kitco News):

LONDON, Nov 2 (Reuters) – France, Singapore and Switzerland have launched a joint trial of their experimental central bank digital currencies (CBDCs) in the first cross-regional trial of its kind.

The project, which will run for around six months, will use what are known as automated market makers (AMM) for the cross-border exchange of “hypothetical” Swiss franc, euro and Singapore dollar CBDCs.

AMM protocols are designed to combine pooled liquidity with algorithms to determine the prices between two or more digitally tokenised assets such as currencies.

They are seen as having the potential to be the backbone of the financial market infrastructure needed for digital currencies to be traded between countries.

Cecilia Skingsley, at the Bank for International Settlements central bank umbrella group overseeing the project, which aims to deliver proof of concept by the middle of next year, said it marked the first collaboration across regions and that she expected more to follow.

Around 90% of the world’s central banks are either using, trialling or looking into CBDCs.

Most don’t want to be left behind by the advances of bitcoin and other cryptocurrencies, but are grappling with the complexities they bring, such wariness about the degree of control they could hand to governments.

Reporting by Marc Jones; editing by Barbara Lewis

Originally posted on Reuters (Kitco News).


Ten hot stocks with massive upside potential

America’s #1 Pattern Trader has found a way to squeeze profits out of Wall Street’s biggest names – giving folks the chance to make 25%, 75%, even 100+% on any given trade within a few days’ time. Today he’s lined up 10 stock patterns, including the stock names, how much they could increase, and when he believes it’ll happen.

Just follow his instructions step-by-step.

Contact Us

Send Us Your Video Links

Send us a message.
We value your feedback,
questions and advice.



Cut through the clutter and mainstream media noise. Get free, concise dispatches on vital news, videos and opinions. Delivered to Your email inbox daily. You’ll never miss a critical story, guaranteed.

Join Dollar Collapse
Email List Now!

We Track the Financial Crisis For You!

Vital dispatches delivered to your inbox.
Free. Guaranteed. Or you can safely and easily
Unsubscribe anytime.