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Seeds of Wisdom RV and Economic Updates Friday Afternoon 1-24-25

Good Afternoon Dinar Recaps,

RIPPLE CEO SPARKS SPECULATION OVER XRP IN US STRATEGIC RESERVE

▪️President Trump signed an executive order creating the Presidential Working Group on Digital Asset Markets, led by venture capitalist David Sacks, to explore the establishment of a strategic national digital assets stockpile.

▪️While many anticipated that the national reserve would primarily consist of Bitcoin, discussions about including Ripple have surfaced, sparking mixed reactions within the crypto community.

Good Afternoon Dinar Recaps,

RIPPLE CEO SPARKS SPECULATION OVER XRP IN US STRATEGIC RESERVE

▪️President Trump signed an executive order creating the Presidential Working Group on Digital Asset Markets, led by venture capitalist David Sacks, to explore the establishment of a strategic national digital assets stockpile.

▪️While many anticipated that the national reserve would primarily consist of Bitcoin, discussions about including Ripple have surfaced, sparking mixed reactions within the crypto community.

Just three days into his presidency, President Donald Trump signed an executive order on Thursday to explore creating a national digital asset stockpile. 

While many Bitcoin advocates had hoped for swift action to establish a Bitcoin-only reserve, the order instead focused on the feasibility of a broader national reserve of digital assets.

The executive order also established a Presidential Working Group on Digital Asset Markets, led by venture capitalist David Sacks
. The group includes high-profile officials, such as the Treasury Secretary, the Attorney General, and the head of the Securities and Exchange Commission (SEC).

 Their mission is to craft a comprehensive federal strategy for regulating cryptocurrencies and stablecoins, laying the groundwork for the U.S. government’s approach to digital finance.

Currently, the U.S. government holds $21 billion worth of crypto assets, primarily Bitcoin. This includes 69,370 bitcoins, set to be auctioned by the U.S. Marshals at the end of 2024. However, discussions about diversifying the reserve to include additional cryptocurrencies have ignited debates within the crypto community.

Ripple Pushes for Inclusion in the Reserve

Reports suggest the Trump administration may prioritize U.S.-founded crypto assets like Ripple (XRP), Solana (SOL), and USDC for the proposed reserve.

 Ripple’s $5 million donation to Trump’s inauguration and ongoing dialogue with policymakers have added to speculation about the company’s influence on the administration’s crypto policies.

Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty have reportedly met with President Trump and his advisors to advocate for XRP’s inclusion in the reserve.

Garlinghouse highlighted that Ripple’s mission aligns with the administration’s vision of supporting American innovation and businesses.

In interviews, Garlinghouse has emphasized that a diversified reserve of digital assets would strengthen the U.S.’s competitive edge in the global crypto landscape. “A strategic reserve that combines Bitcoin with other technologies would make sense from both an innovation and a national security standpoint,” he argued.

Not everyone supports expanding the reserve beyond Bitcoin. Pierre Rochard, VP of Research at Bitcoin mining firm Riot Platforms, criticized the potential inclusion of XRP.

He claimed Ripple’s lobbying efforts aim to divert attention from Bitcoin, undermining Trump’s campaign commitments to ban central bank digital currencies (CBDCs) and prioritize a Bitcoin-only reserve.

“The biggest obstacle for the Strategic Bitcoin Reserve is not the Fed, Treasury, or banks, it’s Ripple/XRP,” 
Rochard stated, underscoring his belief that Bitcoin should remain the sole asset in any national crypto reserve.


The idea of a diversified digital asset stockpile has sparked discussions across the crypto industry. Scott Melker, host of The Wolf of All Streets Podcast, shared rumors that the reserve could include both Bitcoin and XRP. 

While acknowledging the speculative nature of these claims, Melker indicated that his sources were credible. At press time, Bitcoin was trading at $105,380 after increasing by 3.62% in the last 24 hours and by 3.60% over the past week.

@ Newshounds News™

Source:  Crypto News Flash

~~~~~~~~~

TRUMP EXEC ORDER DIGITAL ASSETS WORKING GROUP: FED NOT INVITED

Yesterday the White House published President Trump’s executive order on digital financial technology. It creates a digital asset working group, which will be responsible for proposing federal regulatory framework within six months.

White House AI & Crypto Czar David Sacks will chair the group, which consists of the heads of 11 government agencies. That includes the Treasury Secretary, Commerce Secretary, SEC Chair and CFTC Chair. Despite the regulations covering stablecoin payments, the Federal Reserve and other banking regulators are not included.

However, there is a caveat that the Chair can invite other agencies that have relevant expertise.

While the executive order includes evaluating the potential for creating a national digital asset stockpile, it states this will likely come from asset seizures.

The key actions of the executive order are to:

▪️allow access to public blockchains, for people to participate in validating transactions, and preserving self custody of digital assets
▪️enhance US sovereignty by promoting lawful dollar backed stablecoins worldwide
▪️protect access to banking services for all
▪️provide regulatory clarity for digital assets based on technology neutral regulation
▪️prohibit the issuance of a CBDC.

Additionally, the new order revokes President Biden’s digital assets executive order and the Treasury’s Framework for International Engagement on Digital Assets.” 

The latter covered quite a bit of ground, with a substantial proportion relating to CBDC. It also involved working with the Financial Stability Board on digital assets, AML with FATF, and OECD work on crypto tax, amongst others.

Stablecoins in, banks out?

Apart from excluding banking regulators from the working group which covers stablecoin payments, it remains to be seen how wide the CBDC ban is.

On the stablecoin regulation front, the previous administration pushed for the Federal Reserve to be given a central role in approving stablecoins under draft regulations. Excluding the Fed from the working group is a big step in the opposite direction.

Sidestepping banking regulators is likely a backlashThey are viewed as obstructing the crypto sector through de-banking and there was pushback about the shutting down of Signature Bank by the FDIC. Digital asset bank Custodia has been repeatedly refused membership of the Federal Reserve System. That said, the FDIC now has a Republican Acting Chair.

Banks have also been slowed from engaging with blockchain and DLT. For example, the USDF Consortium for interbank DLT payments has not yet launched, even though it moved from a permissionless to a private blockchain. That’s apart from the many banks that were blocked from offering crypto to clients.

No wholesale CBDC?

Regarding CBDC, the ban does not distinguish between retail and wholesale CBDC. Unlike a retail CBDC where there are valid privacy concerns (even with the best of intentions), a wholesale CBDC is designed for interbank settlement only. The Federal Reserve already explored differences between a wholesale CBDC versus tokenizing existing central bank reserves.

Either of these would support banks engaging with blockchain, particularly for tokenized deposits, securities settlement and cross border paymentsThe lack of wholesale CBDCs has slowed bank adoption of DLT around the world.

Recently the European Central Bank ran DLT trials for wholesale settlement using central bank money, which encouraged numerous (real) digital bond issuances. Sixty-four institutions took part in more than 40 trials and experiments.

The New York Innovation Center (NYIC) at the Federal Reserve Bank of New York has been involved (purely for research) in Project Agorá, which aims to make cross border payments via correspondent banking faster and cheaper.

Agorá uses tokenization and is led by the Bank for International Settlements (BIS). Seven central banks and more than 40 private sector firms are involved, with most of the central banks providing a trial wholesale CBDC for interbank settlement. Without the dollar, that would leave a large gap for an international payments network.

The purpose of using central bank money for institutional settlement is to reduce payment risks. As a fallback, a private institution could tokenize the reserves held by multiple banks in an omnibus account at the central bank.

From a risk perspective it’s not quite as optimal because there is always the risk of failure of the company, even if it is designed to be bankrupt remote. In the UK, Fnality has taken this approach. If the Fed itself is blocked from tokenizing reserves, Fnality’s U.S. expansion plans could be looking rosier.

@ Newshounds News™

Sources:  Ledger Insights,  WhiteHousegov

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Economist’s “News and Views” 1-24-2025

Delinquencies on Debt Surging: ‘ Huge Humanitarian Crisis Already Happening’ | Lynette Zang

Kitco News:  1-23-2025

Lynette Zang, CEO of Zang Enterprises, discusses the precarious state of the U.S. and global economies, emphasizing unsustainable debt levels and the potential for hyperinflationary depression.

Zang speaks with Kitco News on the sidelines of the Vancouver Resource Investment Conference (VRIC).

Key points: -The current system is nearing collapse due to excessive debt and the manipulation of financial markets

-Zang advocates for the acquisition of physical gold and silver as a hedge against economic instability, warns against reliance on fiat currencies

Delinquencies on Debt Surging: ‘ Huge Humanitarian Crisis Already Happening’ | Lynette Zang

Kitco News:  1-23-2025

Lynette Zang, CEO of Zang Enterprises, discusses the precarious state of the U.S. and global economies, emphasizing unsustainable debt levels and the potential for hyperinflationary depression.

Zang speaks with Kitco News on the sidelines of the Vancouver Resource Investment Conference (VRIC).

Key points: -The current system is nearing collapse due to excessive debt and the manipulation of financial markets

-Zang advocates for the acquisition of physical gold and silver as a hedge against economic instability, warns against reliance on fiat currencies

-Coming crisis will exceed that of 2008 Zang also stresses the importance of community and self-sufficiency in navigating future economic hardship, while expressing concern over the looming implementation of Central Bank Digital Currencies (CBDCs).

00:00 Introduction and Welcome

 00:59 Credit Card Crisis and Economic Health

02:00 Life Cycles of Currencies and Debt

04:09 Banking System and Systemic Issues

 07:10 Hyperinflation and Economic Predictions

20:35 Strategies for Inflation and Wealth Preservation

27:12 Conclusion and Final Thoughts

https://www.youtube.com/watch?v=2m43i91oeok

LIVE! The Dollar IS DEAD AND WE NAILED IT! TRUMP DEMANDS FED LOWER RATES! Its Over...

Greg Mannarino:  1-24-2025

https://www.youtube.com/watch?v=cbpv9izLp3A

How the Fed Flipped the Yield Curve (and the consequences)

Heresy Financial:  1-24-2025

TIMECODES

00:00 The Inverted Yield Curve Disappears

00:18 Long-Term Rates Rise Despite Fed Cuts

01:25 How Lower Short-Term Rates Stimulate Lending

 02:17 Government Debt, T-Bills & Short-Term Borrowing

 03:32 M2 Money Supply Growth & Bank Lending

05:38 Debt Repayment & Shrinking the Money Supply

 06:43 Inflation Concerns Drive Long-Term Interest Rates

 07:38 Bear Steepening: Why Bond Prices Are Falling

09:02 TLT’s Collapse & the Dangers of Holding Long Bonds

 10:27 High Debt-to-GDP & Why Treasuries Underperform

11:36 Final Thoughts: Modern Portfolios & Future Rate Outlook

https://www.youtube.com/watch?v=O3QZAMwTlAY

 

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Seeds of Wisdom RV and Economic Updates Friday Morning 1-24-25

Good Morning Dinar Recaps,

TRUMP CANCELS CBDC, FAVORS STABLECOIN IN U.S. FINANCIAL STRATEGY

▪️Donald Trump cancels CBDC, favoring USD-backed stablecoins to safeguard privacy and enhance financial inclusion globally.

▪️A new task force will recommend clear crypto regulations to foster innovation while opposing invasive financial oversight.


President Donald Trump has taken a strategic move by issuing an executive order to boost the United States position in digital finance technology. One of the most notable orders is the country’s cancelation of central bank digital currency (CBDC).

Good Morning Dinar Recaps,

TRUMP CANCELS CBDC, FAVORS STABLECOIN IN U.S. FINANCIAL STRATEGY

▪️Donald Trump cancels CBDC, favoring USD-backed stablecoins to safeguard privacy and enhance financial inclusion globally.

▪️A new task force will recommend clear crypto regulations to foster innovation while opposing invasive financial oversight.


President Donald Trump has taken a strategic move by issuing an executive order to boost the United States position in digital finance technology. One of the most notable orders is the country’s cancelation of central bank digital currency (CBDC).

This order attests to the United States’ preference for stablecoins backed by US dollars over CBDC development, as opposed to that of other nations.

This action is considered a reaction to worries that CBDC might be utilized as too intrusive monitoring instruments violating people’s privacy.

Stablecoins, according to Trump, provide a better alternative for advancing global financial inclusion and preserving the US dollar’s status as the most often used currency worldwide. The US wants to increase its impact in the global digital financial space by helping dollar-backed stablecoins.

Trump: Emphasize Stablecoins and Financial Independence

Strong legal protections for players in the blockchain and digital asset sectors are given by this executive order. Individuals and organizations today have legally acknowledged rights to access, grow, and apply public blockchain technology free from onerous legal restrictions.

Furthermore, underlined by this sequence is the need for self-custody services, which let consumers freely manage their digital resources.

A fundamental issue in the use of CBDC is the stability of value, which stablecoins are said to be able to provide while preserving user anonymity. The US government thus aims to build a digital financial environment that is creative, competitive, and still upholds personal financial freedom.

Of course, this is not the case with CBDC, which is regarded to be able to provide complete control to the government; dollar-based stablecoins provide people chances to still have control over their assets.
Working Group and Regulatory Suggestion Notes

Trump established the “President’s Working Group on Digital Asset Markets” per this order. David Sacks will be in charge of this team and assigned to create a legislative framework that advances the growth of the crypto market. This panel is anticipated to offer suggestions within 180 days that will help to establish legal certainty and draw greater industry innovation.

It also eliminates earlier rules pertaining to crypto deemed to stifle creativity. Proposed legislative clarity should enable players in the crypto space to create innovative technologies free from governmental ambiguity.

Notably, underlined by the restriction on CBDC is the government’s concentration on safeguarding personal privacy from possible too-extensive monitoring.

Advocates of this approach think that stablecoin innovation will help the US dollar’s position on the world market to be strengthened without compromising citizens’ financial freedom. It also implies that the US will not adopt the worldwide trend in central bank digital currencies.

Meanwhile, as we previously reported, Donald Trump is under investigation for ethics after his public involvement in the TRUMP token generated national security and conflict of interest concerns. The TRUMP meme coin was mentioned in a letter addressed to the House Oversight and Government Reform Committee as having the ability to grant inappropriate access to foreign entities.


@ Newshounds News™

Source:  Crypto News Flash

~~~~~~~~~

BRICS: CHINA BREAKS SILENCE ON US TENSIONS, TRUMP TARIFF THREAT

With all eyes fixed on the growing geopolitical turmoil, China, a key member of the BRICS alliance, has officially broken its silence on the growing US tensions amid US President Donald Trump’s impending tariff threat. Indeed, the country has been among the few to speak out regarding the West’s warnings.

After being inaugurated Monday, Trump wasted no time in targeting the BRCIS group. Specifically, he reassured previous threats that he would impose a 100% tariff on the economic alliance. The action was meant as retaliation for the bloc’s ongoing de-dollarization efforts.

Trump Tariff and US Tensions Get Response From China as West & BRICS Faceoff Continues

For the last two years, the BRICS economic alliance has committed to lessening international reliance on the US dollar. Specifically, the bloc has sought out ways to avoid sanctions on various members. That process has seen the group promote the use of local currencies.

Although the previous Biden administration was okay with allowing the practices to go on with little retaliation, Donald Trump is not. Therefore, he has responded in rather concerning ways for those in favor of geopolitical peace. Now, key BRICS member China has broken its silence on emerging tensions and the 100% tariff threat issued by US President Trump.

In a recent report, the Chinese Ministry of Foreign Affairs (MoFA) released a statement Thursday. “As an important platform for cooperation among emerging markets and developing countries, BRICS advocates openness, inclusiveness, and win-win cooperation, not bloc confrontation, and does not target any third party,” they said. “The aim is to realize common development and prosperity,” they added.

The statement reaffirms its commitment to the bloc. Moreover, it signals the country’s willingness to continue on the path it has charted. Additionally, the answer comes weeks after India responded to the ongoing threat. Specifically, External Affairs Minister S Jaishankar said the country has “no interest” in weakening the US dollar.

“The US is our largest trade partner,” the official said. We have no interest in weakening the dollar at all,” they added. The development is ongoing and could be vital to global economics in the early months of Trump’s return to the Oval Office.

@ Newshounds News™

Source:  
Watcher Guru

~~~~~~~~~

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Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

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News, Rumors and Opinions Friday AM 1-24-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 24 Jan. 2025

Compiled Fri. 24 Jan. 2025 12:01 am EST by Judy Byington

Thurs. 23 Jan. 2025: (POSSIBLE SCENARIO)

Treasury Instructions Payment Steps on Global Launch of Funds: (These instructions are for higher tiers, not for Tier4b) The global launch of the Funds is just going to take place worldwide, marking the start of the global registered asset redemption program officially launched in a few hours.

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 24 Jan. 2025

Compiled Fri. 24 Jan. 2025 12:01 am EST by Judy Byington

Thurs. 23 Jan. 2025: (POSSIBLE SCENARIO)

Treasury Instructions Payment Steps on Global Launch of Funds: (These instructions are for higher tiers, not for Tier4b) The global launch of the Funds is just going to take place worldwide, marking the start of the global registered asset redemption program officially launched in a few hours.

First Phase:
1. German Gold Bonds of 1924
2. Zimbabwe Agro Checks
3. Yellow Dragons and Phoenixes

Second Phase:
1. Blue Dollar from the package
2. Cash Boxes 9 Treaty of Versailles Full Mother Boxes
3. Chinese Red Dragons

Third Phase:
1. Superpetchilis of 1913 (RAILWAYS)
2. Chinese Agricultural Bonds
3. Other High Value Zimbabwe Coins
4. Other Federal Reserves and Mini Chains all.

All registered assets will be paid in order of preference, with large transactions being the first as their suppliers cease in their absence.

Your assets are formed and cannot be sold anywhere else as the amounts are already deposited in payment accounts and payment agreements are given on a contract-by-contract basis.

Revaluations will be calculated directly by the treasury using different formulas for different calls.

Transactions will be paid in stages. – The first payment is 1% and 9% will be paid within eight days of verification of assets from recorded transactions. – The remaining amount will be paid in deferred weekly or monthly transfers.

All qualified sellers will be contacted via phone or email based on the contact details entered in KYC provided at the time by the seller and if the sellers or the vendor do not respond, it will be moved to the next file. Therefore, please request all sellers to be vigilant and check their mailbox periodically to answer any call even if it is an unknown number or a hidden number.

There is one item that we have no control over in the payment list, we only know that here: – they pay first to priority representatives of seniors with SKR certificate and – then it will be the big files to the smaller files and – within each category from the oldest file to the most recent registration date, Therefore, we ask all sellers to understand this rule and be patient.

Advantages of redemption for the seller and all facilitator: – seller and intermediaries will all have full immunity of funds – sellers and intermediaries will be exempt from taxes – only the seller will have diplomatic passport and will get the status of world sovereignty – the seller will be able to operate global citizenship.

Read full post here:  https://dinarchronicles.com/2025/01/24/restored-republic-via-a-gcr-update-as-of-january-24-2025/

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Emailed to Recaps

(Possible) TIER PLATFORM  PAYOUTS

Payout Schedule for Tier Groups involved in the RV:

The Dubai Accounts Funds the RV: Dubai 1 fundsTiers 1&2 of the RVand Dubai 2 funds Tiers 3&4 of the RV, while Dubai 3 funds the Adjudicated Accounts and GESARA.

The payout of the Bonds and Currency is done in order of the different tiers. There are five Tiers that will be exchanging: Tiers 1, 2, 3, 4 &5.

Liquidity Release is done in a certain order. The Elders, German Bonds and select Yellow Dragon Bonds must be paid first and have been.

A. Dubai 1 released for liquidity which then triggers Dubai 2&3.

B. Fines & Penalties are released to recipients (they need D1 liquid, this is their hold up)

C. Bonds will be liquid (they need D1 to be liquid)

D. Tiers 1-4b are notified. (they need D1 to be liquid) It appears all is set to go on or about the same time!

Tier 1 Sovereign Nation Debt of Governments: Chinese Royals, Bond Holders, Paymasters, Church Groups, CMKX, F&P, Adjudicated Settlements, Ranch and Farm Claims and other groups.

Tier 2 Royals, Elders, Whales, Military Generals and some political type Elites with platforms of currency, corporations, etc.

Tier 3 Admirals Group, American Indians, CMKX, large church groups like the Church of Jesus Christ of Latter-day Saints. The Pentecostal group was now 100% under an NDA.

Tier 3 was all Dubai 2 Trust Money and originally was the Generals and public. Now Tier 3 includes groups with projects including the Admiral.

The Admiral was sent to the back of the line and renamed Tier 4A (really just a pie slice of tier 3). The Admiral’s Group was composed of three parts – most notable of which was Tier4a Core groups and 130 VIP groups.

Tier 4B, (us, the Internet Group) is the largest group and composed of the general public who paid attention to the intel – the people who have bought currency and/or bonds and kept up with the reset by way of information on the Internet.

Tier 5 The general public who never paid attention to the Intel.

The official GO for Tier 4b has not been released yet. It can happen any moment. As all Tier1-4b are funded, we await the final release to reach to our level.

It’s a process. It’s tedious and time consuming – making adjustments as needed along the way for accuracy and safety of all involved. It’s a very quiet & discrete operation, where the general public is left uninformed for obvious reasons. Pay attention to the levels that are ahead of us. That will help give a better understanding of where we are, in relation to it reaching the 4b level. BUT, it is unfolding. And when it reaches our levels, there will be no doubts. It’s coming! Keep the faith.

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man  One of the key things in a monetary policy when they go to revalue a country is they have high security.  They want to tamp down currency manipulation.  They want to stamp out the black market... That's all part of the process.  Article quote:  "Any attempt to manufacture, possess or pass on fake bank notes is a criminal act that is severely punished by law, calling for the delivery of any fake bank notes to the police and to the central bank of Iraq.

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Mr Sammy says when [Amendment 12 of budget] passes...then the next step will be that the budget table will be going to parliament...Once that passes a new rate will show before the tables go to parliament because the budget table line items need that rate.  FRANK:  Thank you for that understanding.  I really appreciate it.  I'm going to rule out the 15 days and focus only on the accomplishment of the Amendments that will expose the new budget and the new rate.

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Iraq's 2025 Budget & Non-Oil Revenue IQD Exchange Rate

Edu Matrix:  1-24-2025

Iraq is making remarkable strides in diversifying its economy as non-oil revenues soar to nearly 12% of total revenues in the first nine months of 2024.

This substantial increase, up from 7% before the landmark three-year budget approval in 2023, is driven by enhanced import customs, expanded taxes, and contributions from the housing, transport, and construction sectors.

In this video, we delve into the insights from financial adviser Mudhar Saleh and explore the impressive jump in non-oil revenues from 4.7 trillion dinars in 2023 to almost 14 trillion dinars in 2024.

Join us as we unpack the implications of these changes and the remaining challenges, including a $49 billion budget deficit. Like and share this video for more updates on Iraq's economic journey!

https://www.youtube.com/watch?v=qeTJgVqSPgM

 

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“Tidbits From TNT” Friday Morning 1-24-2025

TNT:

Tishwash:  3415 personnel trained to combat money laundering

As part of the Central Bank of Iraq's measures to combat money laundering and terrorist financing, it announced yesterday, Wednesday, the training of (3415) people concerned with this file.

Hussein Al-Maqram, representative of the Anti-Money Laundering and Terrorist Financing Office at the Central Bank, confirmed to "Al-Sabah" that "the Financial Action Task Force issued a report confirming the strength and solidity of the system followed in Iraq with regard to combating money laundering and terrorist financing."

He added that "the report reflects the solid system in Iraq to combat these crimes, and the important efforts made by the state to combat them in accordance with international standards."  

TNT:

Tishwash:  3415 personnel trained to combat money laundering

As part of the Central Bank of Iraq's measures to combat money laundering and terrorist financing, it announced yesterday, Wednesday, the training of (3415) people concerned with this file.

Hussein Al-Maqram, representative of the Anti-Money Laundering and Terrorist Financing Office at the Central Bank, confirmed to "Al-Sabah" that "the Financial Action Task Force issued a report confirming the strength and solidity of the system followed in Iraq with regard to combating money laundering and terrorist financing."

He added that "the report reflects the solid system in Iraq to combat these crimes, and the important efforts made by the state to combat them in accordance with international standards."  

Al-Maqram pointed out that "the report focused on understanding the risks of money laundering and terrorist financing, and the effectiveness of implementing measures to combat these crimes, including international cooperation, confiscation of criminal proceeds, and investigation and prosecution procedures."

He continued by saying: "Based on the annual and comprehensive training plan to raise the level of knowledge and commitment to the requirements imposed in the field of combating money laundering, terrorist financing and financing the proliferation of weapons, the number of trainees cocerned with the anti-money laundering and terrorist financing system during the past year reached (3415) trainees." link

Tishwash:  Taxes Knock on the Doors of Electronic Payment Ports in Iraq (Document)

The General Tax Authority, affiliated with the Iraqi Ministry of Finance, began operations on Thursday towards electronic payment outlets across the country, days after a decision by the Central Bank that sparked widespread controversy regarding closing these outlets or merging them with exchange companies.

A document issued by the Authority, obtained by Shafaq News Agency, was addressed to the Central Bank of Iraq, in order to provide it with a database of electronic payment outlets, in order to register them and collect taxes from them.

Last Monday, the Association of Financial Outlets for Electronic Payment in Iraq ended a strike that it had started that morning, in protest against the decision of the Central Bank of Iraq to close outlets or merge them with exchange companies.

However, the Central Bank later denied issuing any directive or statement regarding the closure of exchange outlets, stressing in a statement that the goal is to expand the spread of financial outlets through ATMs and licensed electronic payment companies. link

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Tishwash:  Prime Minister confirms Iraq's aspiration for more cooperation with the Arab Monetary Fund

Prime Minister Mohammed Shia Al-Sudani called on the Arab Monetary Fund to cooperate in building bridges with its financial institutions.

A statement from his media office received by "Al-Eqtisad News" stated that "Al-Sudani received the head of the Arab Monetary Fund, Mr. Fahd bin Mohammed Al-Turki."

He stressed "the government's support for the tasks of the Arab Monetary Fund, of which Iraq is a founder and the second largest contributor, after the Kingdom of Saudi Arabia."

Al-Sudani pointed out that "Iraq looks forward to further cooperation with the Fund, and that the effects of its work will be reflected on the Iraqi scene, through its contribution to financing the reconstruction and development campaign that the government has embarked on, especially in the field of infrastructure, as well as the desire for the Fund to work on expanding the contribution of Iraqi cadres in its work, and building bridges with Iraqi financial institutions."

He stressed "the importance of the Fund contributing to strengthening Arab ties, by regulating financial, monetary and trade relations, in a way that enhances common interests between them."

For his part, the Chairman of the Board of the Arab Monetary Fund stressed the Fund's keenness to support Iraq and participate in its development programmes, in a way that contributes to enhancing constructive cooperation in the field of financial and financing sectors.  link

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Tishwash:  President of the Republic: Our relationship with America and Iran is good, and we are not under the control or will of any country

The President of the Republic, Abdul Latif Jamal Rashid, confirmed that Iraq is now free of terrorist operations, while describing the relationship with the United States of America and Iran as “good” and that we are not under the control or will of any country.

Rashid said, in an interview with Asharq Al-Awsat newspaper, followed by {Al-Furat News}, that: “Trump’s return is an important step to resolve conflicts in the world and the Middle East, and Iraq is now free of terrorist operations, and what remains of terrorism does not exceed a few pockets.”

He added, "Our relations with the United States of America are good, and we thank the American position for standing by our side in fighting the terrorist organization ISIS," noting that "the American forces are present under bilateral agreements, and at the request of the Iraqi government and in coordination and consultation with the political forces in Iraq."

Rashid continued, "The factions are now under the control of the government according to procedures that the relevant authorities are working on, to reach a situation that ends any combat activity in these circumstances," stressing "the importance of the state of Iran as a state and our relations with it are good; but we are the decision-makers in Iraq, and we are not under the control or will of any state."

He added, "Our region is a historical and civilized region, and is considered one of the most important regions. It is rich in natural resources more than any region of the neighboring countries. Therefore, we must enjoy our wealth, enjoy security and peace, and work to solve the problems of the neighboring countries."

Rashid added, "We tried to contribute to finding solutions to settle the situation in Syria during the era of Bashar al-Assad's regime, several times. Syria is an important country in the Middle East, and it shares borders with a number of countries in the region, but Bashar's regime unfortunately did not invest in our attempts. We supported Syria's return to the Arab League, and we tried to bring the views of the former Syrian regime and the various factions closer together."

"We wish the new administration in Syria success in improving the situation, but things are not very clear yet," he added, explaining, "We share a long border with Syria, and the fact is that there are a large number of terrorist organizations on the Iraqi-Syrian border, and that worries us. The international community must work to find radical solutions to the crisis of terrorists in detention camps who hold different nationalities."

Regarding the water crisis, Rashid said, “The water crisis exists at the present time, and its solutions also exist. The solutions, in my opinion, are easy if there is a real and serious intention to solve this problem. There are three main factors that contribute to the water crisis: neighboring countries, climate, and improving water management in Iraq.”  link

Mot: and Now We Has --- ""Snowda""

Mot: Poor old Earl……muffin likes pets

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Is the New Golden Age Possible? We Do the Math

Is the New Golden Age Possible? We Do the Math

Notes From the Field By James Hickman (Simon Black)  January 23, 2025

The Wall Street Journal this morning released its latest economic forecast survey.  This is where they ask leading economists what they think inflation and economic growth will be in 2025 and beyond.

The results were pretty incredible. Between the last survey, in October before the election, and this month’s survey, the predictions for US economic growth have increased dramatically.

Optimism is clearly everywhere, not just in the economic forecasts but also the labor market, stock market, etc.  One of the reasons for that, obviously, is that Americans were just promised a New Golden Age of prosperity.

Is the New Golden Age Possible? We Do the Math

Notes From the Field By James Hickman (Simon Black)  January 23, 2025

The Wall Street Journal this morning released its latest economic forecast survey.  This is where they ask leading economists what they think inflation and economic growth will be in 2025 and beyond.

The results were pretty incredible. Between the last survey, in October before the election, and this month’s survey, the predictions for US economic growth have increased dramatically.

Optimism is clearly everywhere, not just in the economic forecasts but also the labor market, stock market, etc.  One of the reasons for that, obviously, is that Americans were just promised a New Golden Age of prosperity.

We’ve written before, many times, that America’s gargantuan fiscal challenges are still fixable.

But a Golden Age? Is that really feasible?

Well, above everything else at this organization, we are intellectually honest, and we let the math be our guide. And in today’s podcast, we actually do the math at a high level and discuss whether that Golden Age actually is possible.

Spoiler alert: it is!

But it’s gong to require what I believe are modest budget cuts— roughly $300 billion— and significantly higher economic growth.

When you think about it, it’s really something to be said that the US, i.e. the most advanced economy in the world, only clocks around 2% “real” GDP growth each year.

Given America’s population growth, the literally tens of trillions of dollars of investable capital, the massive pool of talent, and innovation, 2% growth is utterly pathetic. Talk about under-achieving your potential.

It’s deregulation, ease of doing business, and tax policy that can really move the needle on that growth.

And these are all completely realistic goals.

At the same time, there are so many forces and entrenched special interests that will battle against reform. So while there’s plenty of reason to be optimistic, it’s not a forgone conclusion.

That’s why it makes so much sense to have a Plan B.

We talk about all this and more in today’s podcast, as we walk through the math on the New Golden Age. (For the audio-only version, check out our online post here.)

To your freedom,   James Hickman   Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/podcast/is-the-new-golden-age-possible-we-do-the-math-podcast-152005/

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Seeds of Wisdom RV and Economic Updates Thursday Evening 1-23-25

Good Evening Dinar Recaps,

TRUMP SIGNS EXECUTIVE ORDER ON US DIGITAL ASSETS: CZ SAYS BITCOIN RESERVES ‘BASICALLY CONFIRMED’

Senator Cynthia Lummis has proposed legislation to establish a national bitcoin reserve, planning to purchase 1 million BTC worth $108 billion over five years.

▪️Trump signed an order to create a federal group led by David Sacks to regulate digital assets.
▪️The US strategic Bitcoin reserves have been basically confirmed by Binance CEO Changpeng Zhao.
▪️Senator Cynthia Lummis proposed buying 1 million BTC for a US national bitcoin reserve worth $108 billion.

Good Evening Dinar Recaps,

TRUMP SIGNS EXECUTIVE ORDER ON US DIGITAL ASSETS: CZ SAYS BITCOIN RESERVES ‘BASICALLY CONFIRMED’

Senator Cynthia Lummis has proposed legislation to establish a national bitcoin reserve, planning to purchase 1 million BTC worth $108 billion over five years.

▪️Trump signed an order to create a federal group led by David Sacks to regulate digital assets.
▪️The US strategic Bitcoin reserves have been basically confirmed by Binance CEO Changpeng Zhao.
▪️Senator Cynthia Lummis proposed buying 1 million BTC for a US national bitcoin reserve worth $108 billion.

President Donald Trump signed an executive order to establish the “Presidential Working Group on Digital Asset Markets,” — a major shift in the United States’ approach to digital assets.

Reports from Fox Business indicate that the group will develop a federal regulatory framework for digital assets, including stablecoins, and explore the creation of a strategic national digital assets stockpile.”

Years of legal and regulatory disputes between cryptocurrency advocates and federal authorities preceded this initiative. The directive could provide the digital assets sector with a clearer regulatory path shaped by the White House. Such executive orders often signal the start of federal policy shifts rather than their conclusion, emphasizing Trump’s supportive stance on cryptocurrency.

Chaired by Trump-appointed crypto czar David Sacks, the group includes key figures such as the Treasury Secretary. Scott Bessent, a hedge fund manager chosen to lead the Treasury, has publicly backed the president’s crypto initiatives. In a July interview with Fox Business, Bessent described Trump’s move as a bold advancement for digital assets.

US Bitcoin Reserves “Basically Confirmed”: CZ

The executive order emphasizes preventing agencies from creating a central bank digital currency, while promoting interagency collaboration to develop digital asset policies.

Senator Cynthia Lummis, head of the Senate Banking Digital Assets Subcommittee, has proposed legislation to establish a national bitcoin reserve. The plan involves purchasing 1 million BTC, valued at $108 billion, over five years.

The US remains the largest known nation-state holder of bitcoin, with seizures amounting to 198,109 BTC, worth approximately $21 billion. Binance CEO Changpeng Zhao recently highlighted these developments on X, stating:

“The US strategic Bitcoin reserves have been basically confirmed. Cryptocurrency is once again advancing at the speed of encryption.”

Speculation has also emerged about plans for an “America-first” strategic reserve prioritizing US-based coins like USDC. Unverified reports even linked a bitcoin reserve announcement to Trump’s inauguration speech. That anticipation contributed to bitcoin hitting a record $109,000 earlier this week.

TRUMP Memecoin Soars to $75 Billion

Trump’s official memecoin, TRUMP, debuted during the Crypto Ball in Washington last Friday, rapidly achieving a $15 billion market cap. Within days, its fully diluted value surged to $75 billion, marking it as the fastest-growing memecoin in history. Shortly after, First Lady Melania Trump introduced her memecoin, MELANIA.

Built on Solana, the memecoins ignited discussions over Trump’s preference for Solana instead of Ethereum. Solana’s price reached an all-time high following the launch, while Ethereum gained momentum when the Trump-backed decentralized finance platform, World Liberty Financial, made substantial ether investments.

The platform also secured Ethereum Name Service domains, including worldliberty.eth and trumpcoin.eth, establishing a foothold in the decentralized ecosystem.

@ Newshounds News™

Source:  CoinSpeaker

~~~~~~~~~

TRUMP EXECUTIVE ORDER PAVES WAY FOR FEDERAL CRYPTO RESERVE—BUT DOESN'T MENTION BITCOIN

Donald Trump signed his first executive order on crypto, establishing a working group and prohibiting CBDCs without mentioning Bitcoin.
President Donald Trump signed his first crypto-related executive order on Thursday, formally establishing a Presidential Working Group on Digital Asset Markets and laying the groundwork for exploring some of his campaign promises—including potentially establishing a national reserve for Bitcoin and other assets.

The Presidential Working Group will advise Trump on matters related to crypto policy and inform his decision-making with regards to the industry. Trump previously announced that the group will be led by Silicon Valley venture capitalist David Sacks, the White House’s first-ever “AI and crypto czar.”

Its day-to-day operations will be managed by Bo Hines, a one-time Republican congressional nominee and former college football player. The group will also include the Secretary of the Treasury, the SEC and CFTC heads, and other department and agency leaders.

Decrypt previously reported that the council is expected to consist of 20 crypto founders and CEOs. Industry donors to Trump’s presidential campaign—and perhaps his inaugural fund as well—are likely to be prioritized. The group doesn't have any real authority besides the opportunity to advise Trump and Congress, who will make their own decisions.

The executive order, titled "Strengthening American Leadership in Digital Financial Technology," further tasks the group with exploring the premise of a “strategic national digital assets stockpile, following Trump’s campaign trail promise to establish a Bitcoin national reserve.

Such an idea has been furthered in the Senate via Senator Cynthia Lummis’ Bitcoin Act, plus several states are now considering their own Bitcoin reserve legislation. However, the executive order does not mention Bitcoin by name, nor does it mention any other specific crypto assets.

Furthermore, the order notes that agencies are blocked from launching central bank digital currencies, or CBDCs, which are often referred to as “digital dollars.” These centralized cryptocurrencies have been widely derided by Republicans due to privacy concerns.

It also aims to “
protect and promote” the rights for American companies and citizens to transact and self-custody cryptocurrency, mine crypto and validate blockchain transactions, and launch blockchain software.

It is also expected that Trump will follow up this first crypto-related executive order with several more. A top priority for the industry has been repealing the SEC’s SAB 121 rule, which discourages American banks from holding crypto. Congress repealed SAB 121 last spring, but former president Joe Biden then vetoed the legislation, leaving the rule in place.

Trump is able to rescind SAB 121 with an executive order, and is widely expected to do so.

Other crypto policies that Trump may address in future executive orders include eliminating the SEC’s controversial exchange rule, which targets decentralized finance projects, and directing federal agencies including the State Department to make fostering crypto innovation a national priority.

With or without executive orders, though, The Trump Administration is already off to a running start when it comes to crypto. On Tuesday, the SEC established a new crypto task force led by Hester Peirce, the emphatically pro-industry commissioner
.

The task force will aim to “craft sensible disclosure frameworks” that will allow crypto projects and companies to register legally if needed. Doing so will end the SEC’s longstanding, effective policy of regulating the industry by enforcement, an approach that brought much uncertainty to the sector and pushed many firms out of the country.

@ Newshounds News™

Source:  Decrypt

~~~~~~~~~

LEDGER CO-FOUNDER KIDNAPPED AND RELEASED AFTER INTENSE RESCUE MISSION

David Balland was found alive on Wednesday evening after a harrowing two-day manhunt conducted by France’s elite police tactical unit Groupe d’intervention de la Gendarmerie nationale (GIGN).

David Balland Rescued After Two-Day Manhunt

Ledger co-founder David Balland was rescued late Wednesday evening after being kidnapped on Tuesday in the small French town of Vierzon by a sophisticated criminal group that demanded a hefty ransom, according to reporting by French news outlet Le Parisien.

Previous rumors had mistakenly identified the hostage as Éric Larchevêque, Balland’s fellow co-founder. Larchevêque is the former CEO of Ledger and is one of France’s richest entrepreneurs with a net worth of 340 million euros or roughly $350 million USD according to French business magazine Challenges. He reportedly drives around displaying the price of bitcoin (BTC) on his Tesla’s dashboard screen.

La Parisien reported that Balland was taken to hospital soon after being rescuedOther outlets reported that his captors had sent a finger with their ransom demand. Multiple suspects were taken into custody earlier today and the investigation is still ongoing.

“This must be something quite serious because I’ve never seen anything like this in my town,” said Alain Mornay, mayor of of Méreau which is adjacent to Vierzon. “The authorities are still present tonight.”

@ Newshounds News™

Read more:  Botcoin News

~~~~~~~~~

Crypto IPO Boom On The Horizon, Says NYSE Listings Chief

The US initial public offering (IPO) market is anticipating a substantial recovery in 2025, with a noticeable emphasis on listings pertaining to crypto, as the global economy continues to change.

Favorable legislative reforms and increased institutional interest in digital assets are expected to fuel a boom in initial public offerings (IPOs) in the cryptocurrency sector.

A strong US economy and low borrowing rates are largely responsible for this recovery, which should create a favorable atmosphere for businesses looking to exit through an IPO. Even with the recent market fluctuations, the medium-term picture is still promising.

@ Newshounds News™

Read more:  
Bitcoinist

~~~~~~~~~

KANSAS BILL AIMS TO ALLOCATE 10% OF RETIREMENT FUNDS TO BITCOIN ETFS

The bill proposes establishing a board of trustees to manage the Bitcoin ETF investments and conduct an annual examination of the investment program.

Kansas State Senator Craig Bowser introduced a bill to invest up to 10% of public employee retirement funds into spot Bitcoin exchange-traded funds (ETFs).

Bowser introduced Senate Bill 34, which seeks to authorize the Kansas Public Employees Retirement System (KPERS) to invest a portion of its retirement fund in Bitcoin-backed ETFs.

@ Newshounds News™

Read more:  
CoinTelegraph 

~~~~~~~~~

Seeds of Wisdom Team Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

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More News, Rumors and Opinions Thursday PM 1-23-2025

Ariel: Amazing Breakthrough for Iraqi Dinar Investors

Did you know that getting paid from interest off of your capital is considered and treated as income?

Now imagine exchanging your foreign currency and you deposit it at 50-100 million. And you earn 5% which would be $2,500,000 per year.

Divide by 12 and that’s $208,333.33 per month.

Guess what? You will get to keep that.

Now do you see how what you hold is gaining more value without you even exchanging yet?

Ariel: Amazing Breakthrough for Iraqi Dinar Investors

Did you know that getting paid from interest off of your capital is considered and treated as income?

Now imagine exchanging your foreign currency and you deposit it at 50-100 million. And you earn 5% which would be $2,500,000 per year.

Divide by 12 and that’s $208,333.33 per month.

Guess what? You will get to keep that.

Now do you see how what you hold is gaining more value without you even exchanging yet?

Officer Lew:  BREAKING: President Trump is considering abolishing the federal income tax, per NYT.

Breaking News

This is an amazing breakthrough for Iraqi Dinar investors. The corruption is coming to a resounding end for the Iraqi citizens and the world who is waiting with bated breath for Iraq to pull the trigger and flood the planet with a revaluation that will change the world forever.

This latest developments that you can read below brings more security & stability to the Iraqi Dinar. They refuse to open the 2025 Budget because it only deals with the Iraqi Dinar and not the USD. And many banks are now stuck holding a empty bag.

With fewer banks handling dollar transactions, there’s a potential reduction in the supply of dollars within Iraq, which could increase demand for the IQD in forex trading if the dinar is seen as a stable alternative. And it will be. Because it is now backed by natural resources.

Since the 2025 budget is designed to use only the Iraqi Dinar, this move away from the dollar in official transactions diminishes the avenues for corrupt practices involving the dollar. This make the IQD more attractive or stable, influencing its exchange rate on the Forex market.

The U.S. control over remittances through Arab and foreign banks aims to stabilize the flow of dollars in and out of Iraq. By managing this flow, it reduces the volatility that often accompanies unregulated financial transfers, which could help in setting a stable exchange rate.

Brothers technology Inc:  Iraq is currently laying in bed with the devil, they didn’t pass the budget because the budget calls for Dinar only. They are controlled by evil Shiite politicians who worship evil. ABU

@snwse21

@annan_85

@majeed66224499

and myself stated this numerous times, however the pm has turned on THE DONALD, he failed to do what the Donald wishes for Iraq sovereignty and financial success. Instead he has pledged his allegiance to his master. Now the Donald has countered by placing two countries in compliance with his vision in control of the dollar Iran worships and they’re still dollarless.

You Have To Understand The Implications Of This

Once this happens which I am positive should be this week. We will see a major shift in the environment of Iraq given that they are now under pressure to release the rate. And they are desperately looking for an avenue.

But now that the IQD will be tokenized the Crypto regulation is their only salvation to alleviate their potential economic downfall. This is their come to daddy moment. They are no longer in the driver’s seat. Just read my post about the Arab Bank remittances.

Why this weekend?

Crackdown On Shiites In Iraqi Government?
Cryptocurrency Regulation Implemented?
Resulting In Potential Currency Revaluation?
Leading To A Forex Rate Subsequently?
Currency Exchanges Begin As A Result?

Because I do not know what else he has up his sleeves at the moment that align more perfectly than what was just officially put in place today.

We shall see.

Read full post here:  https://dinarchronicles.com/2025/01/23/ariel-prolotario1-amazing-breakthrough-for-iraqi-dinar-investors/

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Walkingstick    De-dollarization gave the CBI full control of their exchange rate of their currency and it put them in Article VIII compliance.  No restrictions.  Therefore there is no outside interference right now concerning their monetary reform.  Nothing can stop/delay the new exchange rate that is coming.  They are now in full control of their currency/exchange rate.

Clare  [Community comment to Clare 1-22-2024 Auction Article below]  "IMO the math used here isn’t what we can be excited about.  1250 Dinar is definitely better than the official rate of 1310 Dinar to the $ But if you take the old Dinar 1250 of them and trade them in for 1 new Dinar...1 million Dinar is equal to $800...YOU ARE NOT IN IRAQ EXCHANGING!  HOW DID YOU MISS THIS PART? Making the value of one dinar equal to one dollar... FOLLOW UP QUESTION "now I’m more confused, so if I’m an Iraqi citizen...I have to accept it at 1250 old dinar for 1 new dinar. But if I’m not in Iraq I can trade it 1 for 1...?ON FOREX SUPPLY AND DEMAND WILL INCREASE VALUE EXTERNALLY...IN IRAQ THEY WILL ONLY USE DINARS.  WHY DON'T YOU UNDERSTAND "A DINAR IS EQUAL TO 1 DOLLAR" (IF IT STARTS OUT THAT WAY)  AND THEN IT STARTS TRADING ON FOREX? THE VALUE WILL GO UP FROM THERE.  IF THEY DO IT THIS WAY...

************

Silver Prices Set to SURGE! Are Central Banks on the Verge of COLLAPSE?

Wall Street Investments:  1-23-2024

Greg Mannarino joins us to discuss silver prices that are set to SURGE! Are central banks on the verge of collapse?

https://www.youtube.com/watch?v=DEfIyoTZ6qE

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Seeds of Wisdom RV and Economic Updates Thursday Afternoon 1-23-25

Good Afternoon Dinar Recaps,

CYNTHIA LUMMIS NOMINATED TO LEAD NEW SENATE BANKING SUBCOMMITTEE ON DIGITAL ASSETS

Lummis stated that the subcommittee will bolster the idea of a US strategic Bitcoin reserve and will prevent crypto firms debanking.

Senator Cynthia Lummis (R-Wyo.) has been named the first chair of the newly established Senate Banking Subcommittee on Digital Assets, according to a Jan. 23 announcement.

Good Afternoon Dinar Recaps,

CYNTHIA LUMMIS NOMINATED TO LEAD NEW SENATE BANKING SUBCOMMITTEE ON DIGITAL ASSETS

Lummis stated that the subcommittee will bolster the idea of a US strategic Bitcoin reserve and will prevent crypto firms debanking.

Senator Cynthia Lummis (R-Wyo.) has been named the first chair of the newly established Senate Banking Subcommittee on Digital Assets, according to a Jan. 23 announcement.

As a result, Senate Banking Committee Chair Tim Scott (R-S.C.) places Lummis at the helm of legislative efforts to craft a regulatory framework for blockchain technology and crypto in the US.

Senator Lummis, known for her strong Bitcoin (BTC) advocacy, expressed her enthusiasm for the new role:

“Digital assets are the future, and if the United States wants to remain a global leader in financial innovation, Congress needs to urgently pass bipartisan legislation establishing a comprehensive legal framework for digital assets.”

Lummis also emphasized the strategic importance of bolstering the US dollar with a national Bitcoin reserve, a proposal that could position the US as a crypto trailblazerShe introduced the Bitcoin Act legislation last year at the Bitcoin 2024 conference in Nashville.

The subcommittee will prioritize passing bipartisan legislation focused on market structure, stablecoins, and consumer protections
. It will also oversee federal financial regulators to ensure compliance with the law and prevent initiatives like “Operation Chokepoint 2.0,” which some lawmakers view as an overreach by regulators.

Scott praised Lummis as the ideal leader for this new subcommittee and described her as a steadfast champion of blockchain technology and crypto.

He said:

“Since day one, Senator Lummis has been a leader on digital assets legislation. Working with the Trump administration and our colleagues in the House, we will advance a commonsense regulatory framework to facilitate innovation here in the United States, not overseas.”
The bipartisan composition of the subcommittee includes Senators Thom Tillis (R-N.C.), Bill Hagerty (R-Tenn.), Bernie Moreno (R-Ohio), Dave McCormick (R-Pa.), Ruben Gallego (D-Ariz.), Mark Warner (D-Va.), Chris Van Hollen (D-Md.), and Tina Smith (D-Minn.). Gallego will be the ranking member, highlighting the subcommittee’s commitment to bipartisan collaboration.

The announcement has sparked optimism among the industryDennis Porter, co-founder and CEO of Satoshi Action Fund, said Lummis’ appointment was “a huge step forward” for advancing meaningful legislation, including the proposed Strategic Bitcoin Reserve.

Meanwhile, former Binance CEO Changpeng Zhao called the idea of a US Bitcoin reserve “pretty much confirmed” and commended the speed at which crypto developments unfold.

@ Newshounds News™

Source:  Crypto Slate

~~~~~~~~~

TAIWAN TO UNVEIL DRAFT BILL ALLOWING BANKS TO ISSUE STABLECOINS

The Taiwanese financial regulator plans to unveil a draft bill for virtual asset service providers (VASPs) in June, which includes a proposal allowing banks to issue stablecoins.

Joint Management of Stablecoins

The Taiwanese Financial Supervisory Commission (FSC) is set to unveil a draft bill for virtual asset service providers (VASPs) in June. According to a report, a key highlight of the draft bill is a proposal to allow banks to issue stablecoinsFSC Chairman Peng Jinlong argues that the bill’s passage would facilitate Taiwanese investor participation in the virtual asset market.

The report quotes Zhuang Xiuyuana director at an unidentified bank, as saying that all stablecoins issued in Taiwan will require FSC approval. Xiuyuan suggested that unlike the current system where issuers self-certify their stablecoin backing, the new regime would see the regulator providing issuer qualifications.

Jinlong meanwhile disclosed that the stablecoins will be jointly managed by banks and Taiwan’s central bank.

Revelations that Taiwan plans to unveil a regulatory framework for virtual asset service providers (VASPs), including provisions for bank-issued stablecoins, come amid a U.S. push to regulate stablecoins.

One of the U.S. bills, the Lummis-Gillibrand Responsible Financial Innovation Act, mandates that issuers back stablecoins with high-quality liquid assets, such as short-term U.S. Treasury securities. Like the FSC draft bill, the Lummis-Gillibrand proposal requires issuers of payment stablecoins to obtain a federal license.

The Stablecoin TEFRA Act, backed by Rep. Patrick McHenry, proposes that only banks be allowed to issue stablecoinsWhile the McHenry-backed bill may seemingly have limited consumer protection provisions, the Lummis-Gillibrand bill is said to include provisions for consumer protection, such as disclosure requirements and anti-money laundering safeguards.

Similarly, the FSC’s draft VASP bill reportedly emphasizes anti-money laundering protocols and risk assessments.

@ Newshounds News™

Source:  Bitcoin News

~~~~~~~~~

BRICS: US TARIFFS MAY DO MORE HARM THAN GOOD, DATA SHOWS

With the economic alliance becoming a clear challenger to the recently appointed president of the United States, the BRICS bloc has seen itself on the receiving end of US Tariff threats. However, that street goes both ways. Moreover, data shows that, in the end, it could do more harm than good to the Western nation.

Since his election victory, US President Donald Trump has not minced words in relation to BRICS. As the group has continually embraced de-dollarization efforts, he has fought back. Yet, using tariffs to ensure the stability and prominence of the US dollar could be a decision that has immense consequences.

Trump Tariff Threat to BRICS Nations Have Massive Implications for US, Data Says

During his campaign for reelection, Donald Trump had placed an immense focus on the US dollar’s status. Specifically, he reiterated the importance of ensuring that the greenback remained the world currency. Indeed, he said that its relegation from such a position would be akin to the nation “losing a war.”


That has led him to take action against the BRICS alliance early in his return to the Oval Office. Yet, the way he has chosen to go about challenging the group could end up being problematic. Ultimately, the BRICS US tariff threat could do more harm than good to the Western nation, data shows.

The major point of concern lies in the lopsided trade between the United States and BRICS nations. Specifically, Statista data shows that the US is currently running a trade deficit with the economic alliance nations overall. That means that the country imports far more than it sells to them.

The report notes that the group is almost certain to issue retaliatory tariffs. Moreover, that could give US importers a lot to lose in their total trade. In 2023, the US shipped nearly $300 billion in goods to the BRICS countries. Alternatively, it purchased nearly $650 billion worth of various merchandise.

There is the potential for lower trade tariffs, the report notes. This is even more likely considering Trump has held a disdain for trade deficits. Conversley, de-dollarization is a key point of emphasis.

It has not taken hold the way BRICS has hoped. Is the threat of tariffs worth awaiting if Trump sticks to his plan? Or can the mere threat of action drive the bloc to ensure the dominance of the greenback? 

The next several months will surely be filled with vital geopolitical developments, with the US and world economies hanging in the balance.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team Currency Facts Youtube and Rumble

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Newshound's News Telegram Room Link

Q & A Classroom Link  

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Follow the Timeline 

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Golden Age Better Include Free Markets or it will Fail Miserably

Golden Age Better Include Free Markets or it will Fail Miserably

Bix Weir:  1-23-2025

The prospect of a second Donald Trump presidency has ignited a fierce debate about the future of the American economy.

 Proponents envision a return to prosperity and a “golden age,” but critics raise concerns about the policies that might underpin such a vision.

One crucial element often overlooked, yet central to any sustainable economic success, is the health and freedom of the free market.

Golden Age Better Include Free Markets or it will Fail Miserably

Bix Weir:  1-23-2025

The prospect of a second Donald Trump presidency has ignited a fierce debate about the future of the American economy.

 Proponents envision a return to prosperity and a “golden age,” but critics raise concerns about the policies that might underpin such a vision.

One crucial element often overlooked, yet central to any sustainable economic success, is the health and freedom of the free market.

While promises of growth and national strength are appealing, they cannot be achieved without a system that fosters genuine competition, reduces government interference, and allows the invisible hand of the market to work its magic.

The provided alert goes a step further, arguing that the very survival of free markets in the USA is contingent on dismantling the current global fiat financial monetary system.

This is a radical perspective, one that calls for fundamental change and asserts that incremental tinkering will not suffice. The core of this argument rests on the belief that the current system is inherently flawed, prone to manipulation, and ultimately detrimental to the principles of a truly free market.

One of the key grievances highlighted is the issue of “Official Derivative Market Rigging.” This refers to the belief that certain actors, potentially powerful financial institutions with close ties to governments, are manipulating derivative markets to their advantage, distorting prices and creating instability.

 While such claims are difficult to definitively prove without more transparency, the underlying concern resonates with many who feel the current financial system is opaque and favors the powerful over the average investor and entrepreneur.

The idea of tearing down the existing global monetary system is undoubtedly controversial. The fiat system, where currency is not backed by a physical commodity like gold, is the globally accepted norm.

However, critics argue that it allows for unchecked inflation, creates moral hazard, and empowers central banks to wield too much control.

The call for its destruction isn’t necessarily about advocating for a return to the gold standard; rather, it’s a demand for a more robust and decentralized system that is less susceptible to manipulation and better reflects the principles of free market competition.

The prospect of a Trump “golden age” is not guaranteed. It is inextricably linked to the vitality of the American free market.

 While drastic proposals to dismantle the global fiat system might seem extreme, they highlight genuine concerns about fairness, transparency, and the potential for manipulation within the current financial architecture.

Ultimately, a truly prosperous and sustainable economy requires a foundation of sound monetary policy, robust competition, and genuine freedom in the marketplace – achieved through reforms, regulations, and a system that promotes integrity and transparency, rather than relying on potentially destructive dramatic actions.

Therefore, focusing on fostering these fundamental principles is paramount, regardless of the specific direction the Trump agenda takes.

https://youtu.be/yIRXOOdOEhQ

 

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News, Rumors and Opinions Thursday 1-23-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 23 Jan. 2025

Compiled Thurs. 23 Jan. 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Tues. 21 Jan. 2025 Wolverine: I have spoken to platform owners and they have the payment orders and on Wed. 22 Jan. things will start happening. Not everyone starts tomorrow. It is a process. Some will start tomorrow, some will start the next day and the next, but it starts from tomorrow onwards. Some platforms will go Feb 1st or 2nd, some platforms a bit longer.

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 23 Jan. 2025

Compiled Thurs. 23 Jan. 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Tues. 21 Jan. 2025 Wolverine: I have spoken to platform owners and they have the payment orders and on Wed. 22 Jan. things will start happening. Not everyone starts tomorrow. It is a process. Some will start tomorrow, some will start the next day and the next, but it starts from tomorrow onwards. Some platforms will go Feb 1st or 2nd, some platforms a bit longer.

Wolverine: Just yesterday, I put a post about thanking Charlie Ward. I have spoken to Charlie a couple of times, and he told me a while back that nothing would happen till Biden is removed, and that was nearly two years ago. It would not make sense for Biden to get all the glory. However, I was still getting all the intel otherwise, and others were also getting intel to the otherwise: Bruce, MarkZ, and others were used to create misinformation to catch the “bad people”

Tues. 14 Jan.: “All the information is saying “Next week.” …JFK Awakening Q17 on Telegram

Mon. 20 Evening Jan. 2025: “Well folks from everything I’m hearing, the rate has been established, the CBI is recognized by FOREX. The people in country are spending the lower dominations – dinar. And it is the premiere who is withholding the release for a political consideration from his cabinet.”

On Sat. 25 Jan. 2025, the first phase of the wealth redistribution will (allegedly) officially commence for the general public. …JFK Jr. on Telegram

Wed. 22 Jan. 2025: BOOOM!!! WHITE HOUSE IS NOW GOLDEN: Trump’s Return Marks the 7 Year Delta – “The Golden Era Begins Now. America’s Decline Ends Today”! – amg-news.com – American Media Group

Read full post here:  https://dinarchronicles.com/2025/01/23/restored-republic-via-a-gcr-update-as-of-january-23-2025/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man  Article: "Great Progress has been made by Iraq in the filing of the joining of the World Trade Organization after resuming negotiations that were suspended for more than 16 years stressing this step represents a part of Iraq's vision to enhance Iraq's role in the global trading system."  They didn't do it at 1310.  Are they ever going to do that?  I don't think so...Why didn't they do it years agoIf nothing is going to change and they're going to keep it the same how are they going to pay for that I think it's far cheaper for Iraq to bring on a real effective exchange rate to meet compliance with Article VIII of the IMF Article IV too...I think it's pretty exciting...

Frank26  [Iceman update]  Iceman served three hitches [in Iraq].  He had to come home.  His interpreter is still there...She calls once in a blue moon.  Her father's brother is in charge of one of the four major banks in Iraq.  It was over two years ago that she called the Iceman and said, Iceman you were right, we are going to be given new currency.  We are going to be given purchasing power. ICEMAN:  Why do you say this?  INTERPRETER: My uncle just took me and my dad in the back and we saw what they're doing.  It looks like the old currency my dad said from the old days...ICEMAN: (from today) They have released some small notes, printed vision impaired notes...1, 5, 10, 20, 50 and 100's

The Last Time We Faced THIS was 2008 —Why We’re Headed For a “Dangerous Recession”

Daniela Cambone:  1-22-2024

The U.S. is on the brink of a dangerous recession in 2025, warns Edward Dowd, Founding Partner of Phinance Technologies.

In this episode of our 2025 Outlook Series, Dowd joins Daniela Cambone to dissect the economic challenges ahead, pointing to unprecedented government spending and migration issues as key factors dragging down the economy

. “Immigration has been the elephant in the room for the last two years. That's one of the major reasons President Trump was elected” he says.

Dowd also delves into the role of central banks and fiscal stimulus, predicting that inflationary pressures will drive gold higher in 2025, reminiscent of the economic turbulence of the 1970s.

CHAPTERS:

0:00 Recession

5:03 Illegal immigration

6:58 Housing market

8:50 US pulling from WHO and Paris Accords

10:25 Disconnect between stock market and economy

13:10 Stock market under Trump

15:15 Regular folks feel the pain

16:15 Fed printing money

18:00 Recession and game plan

19:30 Gold price

 21:16 Concluding words

 22:33 Tariffs

https://www.youtube.com/watch?v=va7-JGjXndA

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