Shanghai Gold Exchange launches first offshore vault in Hong Kong
Vault witnesses several transactions of spot gold contracts after it becomes operational.
South China Morning PostDaniel Ren

First physical implementation in advance of the July announcement at Rio of the new BRICS exchange system. A system of distributed vaults, tokens and blockchains similar to the proposal I've been floating for two years.

Here it comes.

States vs BRICS
Comparison of upcoming BRICS system versus my Gold Token / SXS design
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Rio Reset 2025
“The BRICS+ coalition is finalizing their plans for a financial system independent of the U.S. dollar.” “These plans will become clear during their scheduled summit this July
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