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Compliance is Inclusion: Shaping the Future of Cryptocurrency in the Stablecoin Shakti

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Compliance is Inclusion: Shaping the Future of Cryptocurrency in the Stablecoin Shakti
News

News

Compliance is Inclusion: Shaping the Future of Cryptocurrency in the Stablecoin Shakti

2024-04-29 10:32 Last Updated At:11:01


BERKELEY, Calif — In an era where the digital divide continues to widen, one cryptocurrency initiative, ShaktiCoin (SXE), is re-imagining the future of digital transactions through a lens of inclusion and compliance. With the advent of Satoshi's TAKE-TWO, ShaktiCoin is setting a new course for digital money, promising a stable and universally accessible future with its innovative approach.

According to the World Bank, financial exclusion remains a barrier for nearly 2 billion people worldwide. This figure represents about 25% of the global population, marginalized from the traditional banking system and the economic opportunities it affords.

ShaktiCoin (SXE) is venturing to dismantle these barriers through its novel Proof-of-Effort (PoE) protocol. This mechanism allows instant wallet creation and brings the unbanked into the global economic fold. This approach doesn't just challenge existing banking norms—it redefines them, placing inclusion at the heart of compliance and signaling a seismic shift in how we conceive of financial participation.

At its core, ShaktiCoin (SXE) operates on the principle that financial access is a foundational human right. The Proof of Effort protocol is revolutionary, embedding compliance within the very architecture of ShaktiCoin (SXE) by documenting the genesis of every coin. This ensures transparency, security, and, most crucially, an inclusive financial ecosystem.

Satoshi's TAKE-TWO extends beyond the digital realm, championing environmental stewardship through sustainable mining practices. By aligning with the Paris Environmental Agreement, ShaktiCoin is paving the way for a more inclusive and greener financial world.

The implications of ShaktiCoin's (SXE) innovations are vast, from reducing exorbitant remittance fees to creating a more equitable economic landscape for migrant workers. Through this, SXE provides a platform for financial transactions and fosters a global community bound by shared goals of inclusivity and self-empowerment.

ShaktiCoin (SXE) stands as a testament to the power of grassroots initiatives in driving significant societal change. Its mission—spanning industries, governments, and cultures—is a clarion call to rethink our financial inclusion and compliance approaches.

ShaktiCoin's (SXE) trajectory presents an optimistic future where digital currency is a lever for broad-based economic participation and social equity. With its eyes set firmly on this horizon, ShaktiCoin (SXE) invites individuals and communities from all corners of the globe to join its network and partake in this financial revolution.

As the world grapples with the complexities of digital currency and its implications for global economics, ShaktiCoin's (SXE) model of inclusion and compliance offers hope. It challenges us to envision a future where financial systems are not just tools for economic transactions but platforms for societal transformation.

About ShaktiCoin (SXE):

The Shakti Coin project is a grassroots initiative transcending industries, governments, faiths, and political ideologies. Its mission is to promote the power of education among children and help the unbanked achieve financial inclusion.

Compliance is Inclusion: Shaping the Future of Cryptocurrency in the Stablecoin Shakti

Compliance is Inclusion: Shaping the Future of Cryptocurrency in the Stablecoin Shakti

Compliance is Inclusion: Shaping the Future of Cryptocurrency in the Stablecoin Shakti

Compliance is Inclusion: Shaping the Future of Cryptocurrency in the Stablecoin Shakti

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What to know about a bus crash that killed 8 Mexican farmworkers in Florida

2024-05-16 09:17 Last Updated At:09:20

FORT LAUDERDALE, Fla. (AP) — A bus carrying farmworkers to a watermelon field in central Florida was sideswiped by a drunk driver and overturned in a field, killing eight people and injuring dozens of others, authorities said.

The man accused of causing Tuesday's crash has a lengthy driving record and is being held in jail without bond.

The farmworkers were from Mexico, working on seasonal or temporary visas. Some of their names were released Wednesday afternoon.

Here’s what to know about the crash.

Around 6:40 a.m. on Tuesday, a 2001 Ford Ranger driven by Bryan Howard, 41, crossed the center line of State Road 40 and sideswiped a bus carrying 53 farmworkers to a watermelon patch at Cannon Farms in Dunnellon. The bus veered off the two-lane road that passes through horse farms, hit a tree and rolled over.

The crash happened about 80 miles (130 kilometers) north of Orlando.

All eight people killed were in the U.S. from Mexico on H-2A farmworker visas, officials said.

Mexican President Andrés Manuel López Obrador said Wednesday morning that 44 Mexican citizens were on the bus, hired by a Mexican-American farmer to work on the watermelon farm under temporary or seasonal visas. Mexico’s government later said six of the injured were in serious condition and three more were in critical condition.

Lucas Benitez, the co-founder of the Coalition of Immokalee Workers, said Wednesday that it learned from the Mexican consulate that the farmworkers who were killed were from at least five different states in Mexico.

Six of the dead have been identified: Evarado Ventura Hernández, 30; Cristian Salazar Villeda, 24; Alfredo Tovar Sánchez, 20; Isaías Miranda Pascal, 21; José Heriberto Fraga Acosta, 27; and Manuel Pérez Ríos, 46.

Gamaliel Marcel, of Tallahassee, told The Associated Press on Wednesday that he and Salazar Villeda were childhood friends in Mexico. Salazar Villeda got married in March and the couple had a 5-year-old daughter, Marcel added.

“I feel so bad, especially because I knew him my whole life,” he said. “He was always the most respectful but brought out a smile when you needed it.”

The Mexican consulate in Orlando was providing support at the AdventHealth Ocala hospital, where many of the injured were taken.

Andres Sequera, a director of mission and ministry for AdventHealth hospitals, said chaplains were visiting the injured workers, and that they “were in good spirits for what they have been through.”

Farms across Florida use about 50,000 H-2A workers each year, more than any other state, according to the Florida Fruit & Vegetable Association.

The workers travel to Florida on seasonal or temporary visas to harvest farm fruits and vegetables.

These workers were in Marion County, which is in the north-central part of Florida. The county is best known for its rolling countryside, which stands out from much of the state's typical flat geography. Thoroughbred horse farms are common in the hills outside of Ocala, which is the largest city in the region. Interstate 75 also cuts through Marion County.

Bryan Maclean Howard, 41, was arrested hours after the crash and remained jailed without bond in Ocala.

At a brief court appearance on Wednesday morning, Howard pleaded not guilty to driving under the influence-manslaughter charges in the deaths of eight farmworkers. He spoke by teleconference from jail.

An arrest report said Howard had bloodshot and watery eyes and slurred speech after the crash, which he told Florida Highway Patrol troopers he didn’t remember.

Howard also told investigators he had crashed his mother’s car into a tree a few days earlier while avoiding an animal. The report said Howard had smoked marijuana oil and took his prescribed medications before bed — two anti-seizure drugs and another for high blood pressure. Five hours later, he was driving to a methadone clinic where he receives daily medication for a chipped vertebra.

Troopers had arrested Howard after he failed several sobriety tests.

Howard told the judge he's a self-employed painter and drywall installer. He said he had $700 in the bank, no other assets and no dependents.

On Wednesday, his head was bandaged and he wore a protective gown typically given to inmates on suicide watch. The judge denied bond, appointed a public defender and set his next court appearance for next month. The public defender's office declined to comment about the case.

Marion County court records show Howard has had at least three crashes and numerous traffic tickets dating back to 2006. He was cited previously for crossing the center line, and his driver's license has been suspended at least three times, the latest in 2021 for getting too many citations within a year.

In 2013, he was convicted of grand theft. A year later, his probation was revoked after he tested positive for cocaine.

A memorial service for the victims was held Wednesday evening outside the Farmworker Association of Florida office north of Orlando in Apopka. About two dozen people gathered, some holding white crosses with the names of the people killed, and sang songs in Spanish.

AP reporters Adriana Gómez Licón in Miami and Mike Schneider in Apopka contributed.

Authorities work at the scene of a deadly crash after a bus carrying farmworkers collided with a pickup truck on State Road 40 Tuesday, May 14, 2024, near Dunnellon, Fla. (AP Photo/Alan Youngblood)

Authorities work at the scene of a deadly crash after a bus carrying farmworkers collided with a pickup truck on State Road 40 Tuesday, May 14, 2024, near Dunnellon, Fla. (AP Photo/Alan Youngblood)

Highway Patrol Cpl. Brett Detweiler takes pictures of the pick up truck that was involved in the crash scene as emergency workers worked the scene of a fatal bus crash carrying laborers that overturned Tuesday morning, May 14, 2024, in Ocala, Fla. (Doug Engle/Ocala Star-Banner via AP)

Highway Patrol Cpl. Brett Detweiler takes pictures of the pick up truck that was involved in the crash scene as emergency workers worked the scene of a fatal bus crash carrying laborers that overturned Tuesday morning, May 14, 2024, in Ocala, Fla. (Doug Engle/Ocala Star-Banner via AP)

Emergency workers work the scene of a fatal bus crash carrying laborers that overturned Tuesday morning, May 14, 2024, in Ocala, Fla. (Doug Engle/Ocala Star-Banner via AP)

Emergency workers work the scene of a fatal bus crash carrying laborers that overturned Tuesday morning, May 14, 2024, in Ocala, Fla. (Doug Engle/Ocala Star-Banner via AP)

This photo provided by Marion County Jail shows Bryan Howard. The Florida Highway Patrol arrested Howard, the driver of a pickup truck that crashed into the farmworker bus on Tuesday, May 14, 2024. (Marion County Jail via AP)

This photo provided by Marion County Jail shows Bryan Howard. The Florida Highway Patrol arrested Howard, the driver of a pickup truck that crashed into the farmworker bus on Tuesday, May 14, 2024. (Marion County Jail via AP)

Florida Highway Patrol Cpl. Brett Detweiler takes pictures of the crash scene as emergency workers are on the scene of a fatal bus crash carrying laborers that overturned Tuesday morning, May 14, 2024, in Ocala, Fla. (Doug Engle/Ocala Star-Banner via AP)

Florida Highway Patrol Cpl. Brett Detweiler takes pictures of the crash scene as emergency workers are on the scene of a fatal bus crash carrying laborers that overturned Tuesday morning, May 14, 2024, in Ocala, Fla. (Doug Engle/Ocala Star-Banner via AP)

Authorities work at the scene of a deadly crash after a bus carrying farmworkers collided with a pickup truck on State Road 40 Tuesday, May 14, 2024, near Dunnellon, Fla. (AP Photo/Alan Youngblood)

Authorities work at the scene of a deadly crash after a bus carrying farmworkers collided with a pickup truck on State Road 40 Tuesday, May 14, 2024, near Dunnellon, Fla. (AP Photo/Alan Youngblood)

Authorities work at the scene of a deadly crash after a bus carrying farmworkers collided with a pickup truck on State Road 40 Tuesday, May 14, 2024, near Dunnellon, Fla. The driver of the pick up, Bryan Maclean Howard, was charged with eight counts of DUI manslaughter. (AP Photo/Alan Youngblood)

Authorities work at the scene of a deadly crash after a bus carrying farmworkers collided with a pickup truck on State Road 40 Tuesday, May 14, 2024, near Dunnellon, Fla. The driver of the pick up, Bryan Maclean Howard, was charged with eight counts of DUI manslaughter. (AP Photo/Alan Youngblood)

Authorities work at the scene of a deadly crash after a bus carrying farmworkers collided with a pickup truck on State Road 40 Tuesday, May 14, 2024, near Dunnellon, Fla. (AP Photo/Alan Youngblood)

Authorities work at the scene of a deadly crash after a bus carrying farmworkers collided with a pickup truck on State Road 40 Tuesday, May 14, 2024, near Dunnellon, Fla. (AP Photo/Alan Youngblood)

Authorities work at the scene of a deadly crash after a bus carrying farmworkers collided with a pickup truck on State Road 40 Tuesday, May 14, 2024, near Dunnellon, Fla. The driver of the pick up, Bryan Maclean Howard, was charged with eight counts of DUI manslaughter. (AP Photo/Alan Youngblood)

Authorities work at the scene of a deadly crash after a bus carrying farmworkers collided with a pickup truck on State Road 40 Tuesday, May 14, 2024, near Dunnellon, Fla. The driver of the pick up, Bryan Maclean Howard, was charged with eight counts of DUI manslaughter. (AP Photo/Alan Youngblood)

Authorities work at the scene of a deadly crash after a bus carrying farmworkers collided with a pickup truck on State Road 40 Tuesday, May 14, 2024, near Dunnellon, Fla. (AP Photo/Alan Youngblood)

Authorities work at the scene of a deadly crash after a bus carrying farmworkers collided with a pickup truck on State Road 40 Tuesday, May 14, 2024, near Dunnellon, Fla. (AP Photo/Alan Youngblood)

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