Note: My YouTube videos are no longer accessible. Courtesy of YouTube censorship. I am working to port my videos over to video platform Rumble.
https://rumble.com/c/c-6543843
My blog postings are also published at:
https://nightwatchmanministries.substack.com
No worries good people. More detailed and condensed information is available in a compiled, free, e-book here:
https://my.visme.co/view/vdn9746p-the-ultimate-guide-to-the-islamic-antichrist
SAUDI ARABIA JOINS BIS- AND CHINA-LED CENTRAL BANK DIGITAL CURRENCY PROJECT
By Marc Jones June 5, 202411:30 AM EDT Reuters
LONDON, June 5 (Reuters) – SAUDI ARABIA HAS JOINED A CHINA-DOMINATED CENTRAL BANK DIGITAL CURRENCY CROSS-BORDER TRIAL, IN WHAT COULD BE ANOTHER STEP TOWARDS LESS OF THE WORLD’S OIL TRADE BEING DONE IN U.S. DOLLARS.
THE MOVE, ANNOUNCED BY THE BANK FOR INTERNATIONAL SETTLEMENTS ON WEDNESDAY, WILL SEE SAUDI’S CENTRAL BANK BECOME A “FULL PARTICIPANT” OF PROJECT MBRIDGE, A COLLABORATION LAUNCHED IN 2021 between the central banks of China, Hong Kong, Thailand and the United Arab Emirates.
THE BIS, A GLOBAL CENTRAL BANK UMBRELLA ORGANISATION WHICH OVERSEES THE PROJECT, ALSO ANNOUNCED THAT MBRIDGE HAD REACHED “MINIMUM VIABLE PRODUCT” STAGE, MEANING IT WILL MOVE BEYOND THE PRO TYPE PHASE.
ROUGHLY 135 COUNTRIES AND CURRENCY UNIONS, REPRESENTING 98% OF GLOBAL GDP, ARE EXPLORING CENTRAL BANK DIGITAL CURRENCIES, OR CBDCS. But the new technologies they use makes cross-border movement both technically challenging and politically sensitive.
“THE MOST ADVANCED CROSS-BORDER CBDC PROJECT JUST ADDED A MAJOR G20 ECONOMY AND THE LARGEST OIL EXPORTER IN THE WORLD,” said Josh Lipsky, who runs a global CBDC tracker, opens new tab at the U.S.-based Atlantic Council.
“THIS MEANS IN THE COMING YEAR YOU CAN EXPECT TO SEE A SCALING UP OF COMMODITY SETTLEMENT ON THE PLATFORM OUTSIDE OF DOLLARS – SOMETHING THAT WAS ALREADY UNDERWAY BETWEEN CHINA AND SAUDI ARABIA BUT NOW HAS NEW TECHNOLOGY BEHIND IT.”
The mBridge transactions can use the code China’s e-yuan is built on. That code is also available to the project’s 26 other “observing members” that include the likes of the New York branch of the Federal Reserve, the International Monetary Fund and European Central Bank.
The BIS also said the mBridge platform was now compatible with the Ethereum Virtual Machine – a piece of software that forms the backbone of the network used by the Ether cryptocurrency.
“This allows it to be a testbed,” it said.
SUPPORTERS OF CBDCS SAY THEY WILL MODERNISE PAYMENTS WITH NEW FUNCTIONALITY AND PROVIDE AN ALTERNATIVE TO PHYSICAL CASH, WHICH SEEMS IN TERMINAL DECLINE.
MARK OF THE BEAST: INFRARED QR CODE, MICRONEEDLE VACCINATION SMART PATCH MARK
But questions remain why they represent an advance, with barely any uptake in countries such as Nigeria that have already adopted them, and both POLITICAL AND PUBLIC PUSHBACK IN SOME COUNTRIES AMID FEARS THEY COULD ENABLE GOVERNMENT SNOOPING.
As well as dominating the mBridge project, CHINA IS CARRYING OUT THE WORLD’S LARGEST DOMESTIC CBDC PILOT WHICH NOW REACHES 260 MILLION PEOPLE AND COVERS 200 SCENARIOS FROM E-COMMERCE TO GOVERNMENT STIMULUS PAYMENTS.
Other big emerging economies, including INDIA, BRAZIL AND RUSSIA, ALSO PLAN TO LAUNCH DIGITAL CURRENCIES IN THE NEXT 1-2 YEARS WHILE THE ECB HAS BEGUN WORK ON A DIGITAL EURO PILOT AHEAD OF A POSSIBLE LAUNCH IN 2028.
In stark contrast, the U.S. House of Representatives passed a bill banning the Federal Reserve from creating a “digital dollar”, although it still needs to pass a vote in the Senate to become law.
SAUDI ARABIA JOINS BIS CBDC PROJECT MBRIDGE AS A FULL PARTICIPANT
CENTRAL BANK DIGITAL CURRENCIES (CBDCS) ARE TRANSFORMING THE LANDSCAPE OF INTERNATIONAL TRADE AND PAYMENTS. PROJECT MBRIDGE, A PIONEERING INITIATIVE, IS BRINGING TOGETHER MULTIPLE COUNTRIES AND MAJOR FINANCIAL INSTITUTIONS TO EXPLORE THE POTENTIAL OF THESE DIGITAL CURRENCIES. WITH SAUDI ARABIA NOW JOINING AS A FULL PARTICIPANT, THE PROJECT HAS REACHED A CRITICAL MILESTONE, INVITING FURTHER INNOVATION AND COLLABORATION.
Saudi Arabia Joins Project mBridge
Saudi Arabia’s central bank has joined Project mBridge, a CROSS-BORDER EXPERIMENT WITH CENTRAL BANK DIGITAL CURRENCIES (CBDCS) FOR INTERNATIONAL TRADE, AS A FULL PARTICIPANT, the Switzerland-based Bank for International Settlements (BIS) announced Wednesday. Project mBridge was launched in 2021 as a collaboration between the BIS’ innovation arm and the central banks of China, Hong Kong, Thailand, and the United Arab Emirates (UAE) to test the viability of CBDCs for instantaneous cross-border trade and other payments using the project’s blockchain, the mBridge Ledger.
BIS also announced that Project mBridge has, after three years, reached the minimum viable product (MVP) stage and has requested private sector financial firms to “propose new solutions and use cases that help develop the platform and showcase all its potential.” In addition to mBridge’s six full participants, 27 OTHER OFFICIAL ENTITIES, INCLUDING THE INTERNATIONAL MONETARY FUND (IMF), THE WORLD BANK, AND THE CENTRAL BANKS OF COUNTRIES including Norway, South Korea, and Turkey have signed on as observers to the project, giving them access to a “sandbox” for experimentation with the technology. Major global financial institutions, including Goldman Sachs, HSBC, and China’s six biggest state-owned banks, are also working on the project.
Market Implications
- Increased collaboration and innovation in the financial sector as central banks and private firms explore CBDCs for cross-border transactions.
- Potential for greater efficiency and cost reduction in international trade and payments, benefiting businesses engaged in global commerce.
- Enhanced regulatory cooperation and standardization as more countries and institutions participate in Project mBridge.
Asset Price Implications
- Positive sentiment for blockchain and fintech-related stocks due to increased adoption and development of CBDC technology.
- Potential appreciation in the value of national currencies involved in Project mBridge if the initiative leads to more efficient and secure cross-border payments.
- Volatility in traditional banking and financial services stocks as the market assesses the long-term impact of CBDCs on existing financial systems.
Conclusion
SAUDI ARABIA’S PARTICIPATION IN PROJECT MBRIDGE MARKS A SIGNIFICANT STEP FORWARD IN THE GLOBAL EXPLORATION OF CENTRAL BANK DIGITAL CURRENCIES (CBDCS). With the project reaching the minimum viable product stage, IT OPENS DOORS FOR INNOVATIVE SOLUTIONS IN CROSS-BORDER TRADE AND PAYMENTS. The involvement of major financial institutions and international entities highlights the growing interest and potential of CBDCs. This initiative promises to enhance efficiency, reduce costs, and foster greater collaboration in the financial sector, with positive implications for market sentiment and asset prices related to blockchain and fintech.
https://www.pwc.com/it/it/publications/central-bank-digital-currencies-towards-global-adoption.html
WORLD GOVERNMENT: WEF, UN, WHO, SATAN, THE MAN-BY-SATAN (MBS) AND THE ONE WORLD GOVERNMENT
Daniel 8:23 And in the latter time of their kingdom, when the transgressors are come to the full, A KING OF FIERCE COUNTENANCE, AND UNDERSTANDING DARK [POLITICAL] SENTENCES, SHALL STAND UP [RISE UP ON THE WORLD’S STAGE].
24 And his power shall be mighty, BUT NOT BY HIS OWN POWER: and he shall destroy wonderfully, and SHALL PROSPER, AND PRACTISE, and shall destroy the mighty and the holy people.
25 And THROUGH HIS POLICY ALSO HE SHALL CAUSE CRAFT TO PROSPER IN HIS HAND; and he shall magnify himself in his heart, and by peace shall destroy many: he shall also stand up against the Prince of princes; but he shall be broken without hand.
26 And the VISION [2030] of the evening and the morning which was told is true: wherefore shut thou up the VISION (2030); for it shall be for many days.
Revelation 13:7 And it was given unto him to make war with the saints, and to overcome them: and POWER WAS GIVEN HIM OVER ALL KINDREDS, AND TONGUES, AND NATIONS.
Revelation 13 And I stood upon the sand of the sea, and saw a BEAST rise up out of the sea, having SEVEN HEADS AND TEN HORNS, and upon his horns ten crowns, and upon his heads the name of blasphemy.
2 And THE BEAST which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and THE DRAGON GAVE HIM HIS POWER, AND HIS SEAT, AND GREAT AUTHORITY.
Daniel 9:27 And HE [PRINCE, BEAST, ANTICHRIST] SHALL CONFIRM THE COVENANT [NORMALIZATION] WITH MANY [MENA] FOR ONE WEEK [7 YEARS]: and in the midst of the week HE [PRINCE, BEAST, ANTICHRIST] shall cause the sacrifice and the oblation to cease, and for THE OVERSPREADING OF ABOMINATIONS HE [PRINCE, BEAST, ANTICHRIST] SHALL MAKE IT DESOLATE, even until the consummation, and that determined shall be poured upon the desolate.
THE MAN-BY-SATAN (MBS) CONFIRMS A FALSE SEVEN YEAR PEACE COVENANT
Revelation 17:10 And THERE ARE SEVEN KINGS: five are fallen, and one is, and the other is not yet come; and when he cometh, he must continue a short space.
11 And THE BEAST that was, and is not, even HE IS THE EIGHTH, AND IS OF THE SEVEN, AND GOETH INTO PERDITION.
A BIBLICAL BOTTOMLESS PIT OF EVIL: SEVEN SAUDI KINGS AND THE BEAST
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Psalm 2:12: “Kiss the Son, lest He be angry, and you perish in the way, when His wrath is kindled but a little. Blessed are all those who put their trust in Him.” John 3:36: “He who believes in the Son has everlasting life; and he who does not believe the Son shall not see life, but the wrath of God abides on him.”
The formula is simple: if you reject the Son, you will receive the wrath.
Ye are my witnesses, saith the Lord, and my servant whom I have chosen: that ye may know and believe me, and UNDERSTAND THAT I AM HE: before me there was no God formed, neither shall there be after me.
Isaiah 52:6 Therefore my people shall know my name: therefore THEY SHALL KNOW IN THAT DAY THAT I AM HE THAT DOTH SPEAK: BEHOLD, IT IS I.
Luke 21:28 And WHEN THESE THINGS BEGIN TO COME TO PASS, THEN LOOK UP, AND LIFT UP YOUR HEADS; FOR YOUR REDEMPTION DRAWETH NIGH.
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In His Service,
Night Watchman
Paul Rolland
Night Watchman Ministries
https://nightwatchmanministries.substack.com
Make Your (7) Decision for Christ NOW!!!!!!! Time is Up!!!!!!!
Jesus Christ’s Offer of Salvation:
The ABCs (7) of Salvation through Jesus Christ (the Lamb)
- (7) Admit/Acknowledge/Accept that you are sinner. Ask (7) God’s forgiveness and repent of your sins.
. . . “For all have sinned, and come short of the glory of God.” (Romans 3:23).
. . . “As it is written, There is none righteous, no, not one.” (Romans 3:10).
. . . “If we say that we have no sin, we deceive ourselves, and the truth is not in us.” (1 John 1:8).
B. Believe Jesus is Lord. Believe that (7) Jesus Christ is who He claimed to (7) be; that He was both fully God (7) and fully man and that we are (7) saved through His death, burial, and resurrection. (7) Put your trust in Him as your (7) only hope of salvation. Become a son (7) or daughter of God by receiving Christ. (7777777) 7×7
. . . “That whosoever believeth in him should not perish, but have eternal life. For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. For God sent not his son into the world to condemn the world; but have everlasting life. For God sent not his son into the world to condemn the world; but that the world through him might be saved. (John 3:15-17). For whosoever shall call upon the name of the Lord shall be saved.” (Romans 10:13).
C. Call upon His name, Confess (7) with your heart and with your lips (7) that Jesus is your Lord and Savior.
. . . “That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved. For with the heart man believeth unto righteousness; and with the mouth confession is made unto salvation.” (Romans 10:9-10).
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