Tag: digital currency

EBA designates Circle’s USDC as the EU’s first ‘significant’ e-money token

The European Banking Authority said Wednesday that it has classified USDC as a “significant” e-money token under the Markets in Crypto Assets Regulation, making it the first of the 45 EMTs notified in the bloc to meet that threshold.

According to an official statement, the EBA will now take direct responsibility for supervising USDC’s own funds, reserve assets, liquidity requirements, and recovery and redemption plans from Nov. 12. These areas are currently overseen by France’s Autorité de Contrôle Prudentiel et de Résolution (ACPR), but the regulator will still handle governance, qualifying holdings, fit and proper assessment, and conflicts of interest after the EBA takes over.

The EBA also said it signed a memorandum of understanding with the New York State Department of Financial Services, which oversees Circle’s New York-regulated operations. The MoU will facilitate cross-border oversight and information exchanges between the two authorities.

USDC is the world’s second-largest stablecoin, with a supply of nearly $73 billion, according to The Block’s data dashboard. Tether’s USDT leads the market with $184 billion in circulation, against a total supply of $294 billion for dollar-pegged stablecoins.

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The Mexican Government Is Close to Approving a Law Aimed at Removing the Use of Cash

On Wednesday, the Mexican government inched closer to passing a law that would begin the process of phasing out cash payments and requiring digital payments.

The “Digital Economy Law” was first introduced by President Claudia Sheinbaum in early September and has since moved rapidly through official commissions and the Chamber of Deputies. Most recently, on October 14, the bill passed out of two Senate commissions and now awaits a full Senate vote in the coming weeks.

The bill is part of an ongoing effort by the Sheinbaum government and the Morena party to expand the digitization of Mexico’s economy. It instructs Mexico’s Ministry of Finance and Public Credit (SHCP) to designate which business sectors will eventually only accept digital and electronic forms of payment.

While Mexico already has existing digital infrastructure, such as the SPEI (Sistema de Pagos Electrónicos Interbancarios) and the CoDi and DiMo networks, the public’s embrace of these systems has been slow. The Digital Economy Law is aimed at increasing the use of such digital payment platforms.

However, in a country where somewhere between 80 and 90 percent of all transactions are done in cash, it remains to be seen how the law will be implemented and enforced. Some critics of the bill have argued that the language of the bill does not make it clear which types of businesses will be compelled to only accept digital payments.

Meanwhile, Sheinbaum and her party allies have said the measures will make life easier for Mexicans because “they do not have to bring cash” and will “be able to pay from the cell phone or through other mechanisms directly.”

At a press conference on September 24, Sheinbaum discussed the effort to limit the use of cash as she officially introduced the Digital Economy Law. Sheinbaum and the Morena Party claim the law will “help security, efficiency, and the formalization of shops and products by digitizing payments and reducing the use of cash.”

José Antonio Peña Merino, head of the Digital Transformation and Telecommunications Agency (ATDT), also spoke at the press conference and explained that the new Digital Economy Law will help accelerate digital payments. He noted that the Mexican government has already begun efforts to reduce the use of cash in “strategic sectors” such as gas stations and toll booths.

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Prepping for a Cashless Control Grid: How Digital Currency Becomes Digital Control

Something fundamental is vanishing, and most people will not notice until it is already gone. Not with a declaration. Not with a law passed in the dead of night. Simply, gradually, the option to buy something without creating a permanent record will disappear. The ability to save purchasing power outside of a system that can freeze it, monitor it, or program it will become a memory that seems almost fictional to those who never experienced it.

I have watched this unfold over years of observing payment systems, reading central bank white papers that few citizens bother to examine, and noticing how my own transactions leave increasingly detailed trails. The pattern is consistent across nations: convenience precedes surveillance, and surveillance precedes control.

We are not approaching a cashless society. We are sleepwalking into it. And for anyone who values independence, privacy, or the basic human right to conduct commerce without surveillance, this represents not progress but regression toward a form of control that previous generations would have recognized immediately and resisted forcefully.

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Flashback: The Birth of CBDCs

Building on the bitcoin model, central banks are planning to produce their own “digital currencies”. Removing any and all remaining privacy, granting total control over every transaction, even limiting what ordinary people are allowed to spend their money on.

From the moment bitcoin and other cryptocurrencies first emerged, sold as an independent and alternative medium of exchange outside the financial status quo, it was only a matter of time before the new alternative would be absorbed, modified and redeployed in service of the state.

Enter “Central Bank Digital Currencies”: the mainstream answer to bitcoin.

For those who have never heard of them, “Central Bank Digital Currencies” (CBDCs) are exactly what they sound like, digitized versions of the pound/dollar/euro etc. issued by central banks.

Like bitcoin (and other crypto), the CBDC would be entirely digital, thus furthering the ongoing war on cash. However, unlike crypto, it would not have any encryption preserving anonymity. In fact, it would be totally the reverse, potentially ending the very idea of financial privacy.

Now, you may not have heard much about the CBDC plans, lost as they are in the tangle of the ongoing “pandemic”, but the campaign is there, chugging along on the back pages for months now. There are stories about it from both Reuters and the Financial Times just today. It’s a long, slow con, but a con nonetheless.

The countries where the idea progressed the furthest are China and the UK. The Chinese Digital Yuan has been in development since 2014, and is subject to ongoing and widespread testing. The UK is nowhere near that stage yet, but Chancellor Rishi Sunak is keenly pushing forward a digital pound that the press are calling “Britcoin”.

Other countries, including New Zealand, Australia, South Africa and Malaysia, are not far behind.

The US is also researching the idea, with Jerome Powell, head of Federal Reserve, announcing the release of a detailed report on the “digital dollar” in the near future.

The proposals for how these CBDCs might work should be enough to raise red flags in even the most trusting of minds.

Most people wouldn’t like the idea of the government monitoring “all spending in real-time”, but that’s not the worst it.

By far the most dangerous idea is that any future digital currency should be “programmable”. Meaning the people issuing the money would have the power to control how it is spent.

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Prepping For A Cashless Control Grid How Digital Currency Becomes Digital Control

When Money Stops Being Money

Something fundamental is vanishing, and most people will not notice until it is already gone. Not with a declaration. Not with a law passed in the dead of night. Simply, gradually, the option to buy something without creating a permanent record will disappear. The ability to save purchasing power outside of a system that can freeze it, monitor it, or program it will become a memory that seems almost fictional to those who never experienced it.

I have watched this unfold over years of observing payment systems, reading central bank white papers that few citizens bother to examine, and noticing how my own transactions leave increasingly detailed trails. The pattern is consistent across nations: convenience precedes surveillance, and surveillance precedes control.

We are not approaching a cashless society. We are sleepwalking into it. And for anyone who values independence, privacy, or the basic human right to conduct commerce without surveillance, this represents not progress but regression toward a form of control that previous generations would have recognized immediately and resisted forcefully.

Central Bank Digital Currencies (CBDCs) are the mechanism of this transformation. The digital euro, the potential digital dollar, the digital yuan already operational in China – these are not simply modernizations of payment systems. They are structural changes to the relationship between the individual and the state, between commerce and surveillance, between freedom and permission. Once fully implemented, they would create a financial infrastructure where every transaction is visible, every purchase is logged, and every economic decision requires implicit or explicit approval from authorities.

This is not speculation. This is documented policy. The Bank for International Settlements, which coordinates central banking globally, has explicitly stated that CBDCs will enable “programmable money” – currency that can be restricted based on time, place, or purpose. The European Central Bank’s digital euro project includes provisions for offline payments only up to limited amounts, with all larger transactions requiring network connectivity and identity verification. The Federal Reserve’s FedNow system, launched in July 2023, created the technical infrastructure for instant digital payments that serves as the foundation for eventual CBDC implementation.

Three developments demand immediate attention:

1. Over 130 countries representing 98 percent of global GDP are now exploring CBDC implementation, with 11 countries including China, Nigeria, and the Bahamas already operational.

2. The United States government has accumulated over 207,000 bitcoin through seizures and asset forfeiture, creating a “Strategic Bitcoin Reserve” via Executive Order in March 2025, effectively centralizing control of assets that were designed to resist centralized control.

3. Cash usage has declined 60 percent in the United States since 2017, with 41 percent of Americans reporting they use no cash in a typical week, removing the practical habit of anonymous exchange before the infrastructure to support it disappears.

The implications extend far beyond convenience or efficiency. They strike at the heart of what it means to be a free individual in a society that claims to value liberty.

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Read Between the Lies: A Pattern Recognition Guide

When Avril Haines, Director of National Intelligence, announced during Event 201’s pandemic drill in 2019 that they would “flood the zone with trusted sources,” few understood this preview of coordinated narrative control. Within months, we watched it unfold in real time—unified messaging across all platforms, suppression of dissent, and coordinated narrative control that fooled much of the world.

But not everyone stayed fooled forever. Some saw through it immediately, questioning every aspect from day one. Others thought it was just incompetent government trying to protect us. Many initially accepted the precautionary principle—better safe than sorry. But as each policy failure pointed in the same direction—toward more control and less human agency—the pattern became impossible to ignore. Anyone not completely subsumed by the system eventually had to confront its true purpose: not protecting health or safety, but expanding control.

Once you recognize this pattern of deception, two questions should immediately arise whenever major stories dominate headlines: “What are they lying about?” and “What are they distracting us from?” The pattern of coordinated deception becomes unmistakable. Consider how media outlets spent three years pushing Russiagate conspiracies, driving unprecedented social division while laying the groundwork for what would become the greatest psychological operation in history. Today, while the media floods us with Ukraine coverage, BlackRock positions itself to profit from both the destruction and reconstruction. The pattern becomes unmistakable once you see it—manufactured crises driving pre-planned “solutions” that always expand institutional control.

Mainstream media operates on twin deceptions: misdirection and manipulation. The same anchors who sold us WMDs in Iraq, promoted “Russia collusion,” and insisted Hunter Biden’s laptop was “Russian disinformation” still occupy prime time slots. Just as we see with RFK, Jr.’s HHS nomination, the pattern is consistent: coordinated attacks replace substantive debate, identical talking points appear across networks, and legitimate questions are dismissed through character assassination rather than evidence. Being consistently wrong isn’t a bug—it’s a feature. Their role isn’t to inform but to manufacture consent.

The template is consistent: Saturate media with emotional spectacles while advancing institutional agendas with minimal scrutiny. Like learning to spot a fake smile or hearing a false note in music, you develop an instinct for the timing:

Money and Power:

Medical Control:

Digital Control:

As these deceptions become more obvious, different forms of resistance emerge. The truth-seeking takes different forms. Some become deep experts in specific deceptions—documenting early treatment successes with repurposed drugs, uncovering hospital protocol failures, or exploring the impact of vaccine injuries. Others develop a broader lens for seeing how narratives themselves are engineered.

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US CBDC ban to go into effect without Trump signoff on housing bill

Donald Trump confirmed on social media that he would not sign the 21st Century ROAD to Housing Act, which includes a ban on a US CBDC until the end of 2030, setting the stage for the bill to become law on Saturday.

A bipartisan housing bill containing a ban on a central bank digital currency (CBDC) in the United States is set to become law as the deadline approaches for President Donald Trump to sign it.

Just after midnight on Friday, the 21st Century ROAD to Housing Act will have been in Trump’s hands for 10 days, excluding Sundays, the maximum amount of time a bill can be on the president’s desk without a veto or a signature. Under the US Constitution, the legislation will automatically become law without action from Trump, who canceled the signing ceremony for the bill on Jun 24.

In a Friday social media post, Trump confirmed that he would not sign the housing bill, calling Republicans in Congress who voted on the legislation “dumb” and urging the Senate to instead prioritize a controversial voting bill, the SAVE America Act. The legislation, which would require people to provide proof of US citizenship in person to register, has received widespread criticism for claims that it would disenfranchise citizens already eligible to vote.

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Why Have Central Bankers Gone Radio Silent On The Digital Currency Agenda?

During the 2020 pandemic hysteria there was a mad rush by globalist institutions like the WEF, IMF, BIS and numerous national central banks to speed-run the concept of “CBDCs” (Central Bank Digital Currencies) into the mainstream consciousness. The idea of digital currencies rooted to a blockchain ledger was presented as a solution to the pandemic. A number of globalists asserted that digital exchange would be necessary because “paper money carries the covid virus.”

This was, of course, complete nonsense. There was zero evidence that shifting to digital would prevent the spread of the virus in any way. But, as I’ve said for years now, covid was their big play. It was intended to become a nexus point for a global coup; the “New World Order” takeover. The elites figured the population was so terrified that they would agree to anything without a logical reason.

They were wrong, at least in the long run. The virus was a dud (which seemed to catch them by surprise) and the death rate was minimal (0.23% median IFR). The public eventually woke up to the deception and the agenda was forced to dissolve, largely due to nearly half of all US states blocking the mandates. If Americans could live just fine without restrictions, then the rest of the world was going to follow.

I mention the pandemic once again because the attempted coup gave the general public a once in a lifetime insight into the plans and motives of the globalists. This event changed everything. Millions of people who once thought that “conspiracy theorists” were crazy just had their eyes opened to a dark reality. There really is an international cabal. They really do make evil plans in smoky rooms. They really do want a “New World Order.”

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How To Push Back Against The ‘Advancing Beast’ System

The big-picture lesson from the Covid era should have been obvious. It should have screamed loud and clear to every freedom-loving American: The power elites who run things at the local, state and federal levels want to tag and track our movement, but not just our movement. They want to track our diet, our healthcare, our purchasing habits, our use of energy, our online comment history, our very thoughts.

They want all of it. And if they get their way, you will own nothing. Literally nothing. Even if you technically own an asset, you will not control it, so do you really own it?

Your bank account will be theirs, programmed to be switched on or off at their pleasure, based on your compliance with the dictates of the surveillance state. Your car will be theirs, able to monitor your eye movements, your posture and who knows what else in real time, and be remotely disabled at their pleasure, thanks to Joe Biden’s remote vehicle kill switch law. Your ability to eat healthy food will be gone, thanks to Donald Trump’s granting of legal immunity to Bayer/Monsanto, protecting it from lawsuits based on the harmful effects of bioengineered food laced with chemicals. Same for your healthcare. Your online speech. Even your thoughts. They will own it all if they succeed in bringing in the long-planned AI-powered digital control grid that is currently under construction in the form of 6G wireless networks along with thousands of AI data centers, Flock cameras and other devices.

Flock Safety, the online security company based in Atlanta, has more than 89,000 vertically integrated and fully internet-connected cameras stationed in more than 5,000 communities nationwide and growing. The invasiveness of their cameras is also growing, with the ability to not only see but to hear everything going on for miles through its Raven Audio Detection Program. Flock is also now selling mobile cameras to law-enforcement agencies that will serve as “first responders” based on suspicious activity picked up under the company’s Falcon Drone Program.

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US Senate Passes Housing Bill With CBDC Ban Until 2030

The US Senate has passed housing legislation that includes a ban on the Federal Reserve creating or working on a central bank digital currency (CBDC) until 2030, which is expected to be quickly taken up and passed by the House.

The Senate on Monday voted 85-5 to pass the 21st Century Road to Housing Act, which aims to increase the housing supply after a bipartisan group of House and Senate leaders reached a deal last week to move forward with the legislation. 

The bill has included a CBDC ban since the Senate first passed a version of the bill in March, which outlines that the Fed may not, directly or indirectly, “issue or create a central bank digital currency or any digital asset that is substantially similar to a central bank digital currency.”

Crypto advocates have long criticized CBDCs, which they see as an attempt by governments to bring digital currency under central bank control, and the bill is set to be a win for Republicans who have for years attempted to ban CBDCs.

The bill will now be sent to the House for a vote, where it is expected to pass quickly with the deal struck by House leaders last week, before it’s then sent to the president to sign it into law.

The CBDC clause in the bill became wrapped into the housing package as a political sweetener to secure support from House Republicans and the administration for faster passage.

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