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Tag: smi
juro Digital Money: The Next Generation of Complementary Currency
All series of Juro Digital Money (“juro”) are defined as “money”. As such, all series of juro Digital Money meet the three standard functions of money: 1) Medium of exchange: Used as an intermediary in trade to avoid the inconveniences of a barter system, For example, the need for a “coincidence of wants” between the…
Diving into the U.S. Statutes that make juro possible
Juro-friendly Federal laws, State laws, and Definitions used by the government. Federal Statutes All of the series of juro Digital Money fall within the treatment and definition of “money”, “cash”, “funds”, and “money’s worth” in Title 31 of the US Code as well as in Title 11 of the US Code. Furthermore, the series of…
E.U. Statutes Applicable to juro
Laws and Definitions Used All of the series of juro Digital Money are treated and defined as “money”, “capital”, or “own funds” in the following pieces of E.U. legislation: Through this directive, the European Parliament passed legislation which clearly define what virtual currency is not, and also went further to differentiate complementary currencies, like juro…
Juro Economic Remediation™: The Permanent Global Bad Bank
A perpetual and standardized solution for everyone Juro™ has been designed to be used by governments and all participants in the global economy (individuals and legal entities alike) as a permanent and Perpetual Global Bad Bank. Juro is a corporate and trust structure which isolates illiquid, non-performing, and high risk assets, which meet the definition…
Global Debt Collection & Non-performing Loans
A Massive Market for Juro According to the Institute of International Finance (“IFF”) in November of 2019, Global debt is on course to end 2019 at a record high of more than $255 trillion. With a global population of 7.7 billion, that equates to about $32,500 of debt per person. There has been a $7.5…
CCJS: In-Ground Commodities & Assets
Application Guidance Capital Conversion of the Juro System. Standard Money Instruments accepted for conversion into units of a series of juro Digital Money are Commodity-specific and may be one of any of the following: Monetize your in-ground assets. Convert to juro Digital Money, get 100% of face value. “Shop, invest, donate, or earn money by transacting with…
CCJS: Commodities
Application Guidance Capital Conversion of the Juro System. The commodity-specific Standard Money Instruments accepted for conversion into units of a series of juro Digital Money may be one of any of the following: Gold In accordance to the specifications of good delivery COMEX gold. A minimum amount of 1 troy ounce is required per conversion,…
CCJS: Guarantees & Insurance Instruments
Application Guidance Capital Conversion of the Juro System. When using either trust guarantees, trust receipts, sureties, performance bonds, bank guarantees, or insurance policies as the type of standard money instrument (SMI) for conversion into units of a series of juro Digital Money, you will be required to submit the following documents and information with your Juro…
CCJS: Government Agency or Municipal Debt Instruments
Application Guidance Capital Conversion of the Juro System. When using a government agency debt instrument or a municipal debt instrument as the type of standard money instrument (SMI) for conversion into units of a series of juro Digital Money, you will be required to submit the following documents and information with your Juro Conversion Underwriting Application:…
CCJS: Central Bank Debt Instruments
Application Guidance Capital Conversion of the Juro System. When using a central bank debt instrument as the type of standard money instrument (SMI) for conversion into units of a series of juro Digital Money, you will be required to submit the following documents and information with your Juro Conversion Underwriting Application: (1) Legalized Copy of Agreement…
