Tag: U.S. Treasury
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U.S. Treasury Approves XRP for Debt Settlement: A Milestone for Digital Assets in Public Finance
In a groundbreaking move, the U.S. Treasury has approved XRP as a recognized payment method for settling portions of the national debt. This decision signals a significant step towards the integration of digital assets into public finance and showcases the government’s growing confidence in blockchain technology as a viable solution for economic challenges. A Strategic…
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The Fiscal Tightrope: U.S. Interest Payments Outpace Defense Spending
The latest figures from the U.S. Treasury for fiscal 2024 have sparked serious discussions about the sustainability of the country’s financial health. Jim Rickards, a prominent financial commentator, encapsulated the issue perfectly: “Interest on debt: $882 billion. National defense: $874 billion. That’s all, folks. You can’t borrow your way out of a debt crisis. You…
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The US Treasury Certificate Transition: A New Era for Offshore Investments and Tax Transparency
The financial world stands on the brink of a significant transformation with the introduction of the US Treasury Certificate, marking a pivotal shift toward a quantum financial system underpinned by asset-backed money. This development is set to reshape how offshore investments are handled, particularly with an eye towards mitigating the prevalent issue of tax evasion.…
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The Future of Money
Invest Offshore recently spotlighted a compelling and insightful article from Zero Hedge, authored by Efrat Fenigson of Bitcoin Magazine, titled “On The Brink Of A Dramatic Change: The Digitalization Of Money.” Fenigson, an independent journalist and host of the “You’re The Voice” podcast, provides a thorough and nuanced examination of the current state of Central…
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U.S. Treasury Money a New Era in Finance
The Impact of Trump’s Executive Order 13772 Executive Order 13772, titled “Core Principles for Regulating the United States Financial System,” signed by U.S. President Donald Trump on February 3, 2017, marked a significant shift in the regulatory approach towards the financial sector and creation of Treasury Money. This order, the eighth executive action in Trump’s…
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U.S. Treasury International Capital Data for May 2022
Washington – The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2022. The next release, which will report on data for June, is scheduled for August 15, 2022. The sum total in May of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a…
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Russian Elites, Proxies, and Oligarchs Task Force Joint Statement
The Russian Elites, Proxies, and Oligarchs (REPO) Task Force has leveraged extensive multilateral coordination to block or freeze more than $30 billion worth of sanctioned Russians’ assets, freeze or seize sanctioned persons’ high-value goods, and heavily restrict sanctioned Russians’ access to the international financial system. REPO members have achieved these successes through close and extensive…
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Preliminary Annual Report on U.S. Holdings of Foreign Securities at Year-End 2020
Washington – Preliminary data from an annual survey of U.S. portfolio holdings of foreign securities at year-end 2020 were released today and posted on the Treasury web site at (https://home.treasury.gov/data/treasury-international-capital-tic-system/tic-forms-instructions/us-claims-on-foreigners-from-holdings-of-foreign-securities). The final survey report, which will include additional detail as well as possible revisions to the data, will be released on October 29, 2021. The survey…
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Personal Pension and Foreign Investment Account
Trade risk for security offshore – Overseas Personal Pension The simple solution is to centralize your investment into a U.S. IRS fully compliant tax free trading environment. This can be accomplished by using a US – onshore regulated Trustee and using a self Directed Individual Retirement Account (IRA) Foreign Investment Account. You can easily rollover…