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Seeds of Wisdom RV and Economic Updates Friday Morning 11-15-24
Good Morning Dinar Recaps,
PRO-BITCOIN MATT GAETZ NOMINATED AS U.S. ATTORNEY GENERAL
Matt Gaetz, a Florida Representatives and American lawyer, has been nominated as Attorney General by President-elect Donald Trump. Gaetz was assigned due to his educational and career experience in law.
President-elect Donald Trump nominated Matt Gaetsz, pro-bitcoin and Florida representative, to be the next U.S. Attorney General. Following this nomination, he resigned from the House of Representative on Nov. 13, 2024.
Good Morning Dinar Recaps,
PRO-BITCOIN MATT GAETZ NOMINATED AS U.S. ATTORNEY GENERAL
Matt Gaetz, a Florida Representatives and American lawyer, has been nominated as Attorney General by President-elect Donald Trump. Gaetz was assigned due to his educational and career experience in law.
President-elect Donald Trump nominated Matt Gaetsz, pro-bitcoin and Florida representative, to be the next U.S. Attorney General. Following this nomination, he resigned from the House of Representative on Nov. 13, 2024.
According to the Nov. 13 X post, Trump praised Gaetz as a determined attorney committed to driving much-needed reform at the Department of Justice.
Gaetz expects to prioritize ending weaponized government, strengthening border security, dismantling criminal organizations, and exposing the potential of government corruption and weaponization.
“He is a champion for the constitution and the rule of law. Matt Gaetz will root out the systematic corruption at DOJ, and return the department to its true mission of fighting crime, and upholding our democracy and constitution.”
Elon Musk, recently appointed as head of Department of Government Efficiency (D.O.G.E), replied to his X post, congratulating Gaetz on his new role.
Matt Gaetz stances on crypto
Earlier this year, on June 25 as a member of Congress Gaetz introduced a bill advocating for Bitcoin to be accepted as payment for Americans for federal income tax. The bill was proposed after he visited El Salvador and aimed to modernize the U.S. tax system.
The aggressive move made would “promote innovation, increase efficiency, and offer more flexibility to American citizens.”
The proposal seeks to amend the Internal Revenue Code of 1986 to accept Bitcoin for tax payment and expand this payment option to other federal services.
Gaetz has also advocated for various crypto deregulations and pushed back against the federal agency’s oversight. He is arguing that the measure would stifle innovation and growth.
His appointment as an Attorney General highlights potential approaches to law enforcement and more flexible regulations within the crypto industry under the Trump presidency.
@ Newshounds News™
Source: Crypto News
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CHINA COULD REASSESS CRYPTO BAN DUE TO TRUMP, HASHKEY CEO CLAIMS
HashKey Group Chairman and CEO Xiao Feng has indicated that China’s stringent stance on cryptocurrencies could soften within the next two years, influenced by the pro-crypto policies expected under US President-elect Donald Trump. Xiao believes that clear regulatory support in the United States could serve as a catalyst for China to reconsider its current ban.
Why China Could Reconsider Its Crypto Ban
“If the US Congress and the new president establish clear crypto policies and actively promote the industry, it would certainly be a driving force for China to accept cryptocurrencies,” Xiao stated in an interview with the South China Morning Post.
Xiao also pointed to geopolitical factors that might accelerate China’s acceptance of digital assets. The exclusion of Russia from the SWIFT financial messaging system by the US and its allies in 2022 has underscored the importance of alternative financial infrastructures.
This move, part of sanctions related to the conflict in Ukraine, may prompt China to explore crypto more earnestly to safeguard its financial autonomy.
“Without these events, China might have needed five or six years to accept cryptocurrency businesses. Now, due to these factors, that timeframe could be shortened to two years,” Xiao explained.
Over the past several years, China has enforced a strict ban on initial coin offerings (ICOs), crypto trading, mining, and other related activities. Authorities have cited concerns over financial stability and the potential for illicit activities as primary reasons for the crackdown.
Despite this, Hong Kong has been permitted to develop its digital asset industry, positioning itself as a potential bridge should mainland China relax its regulations.
Should China decide to re-engage with the digital asset market, Xiao suggests that regulated stablecoins could be the initial focus. “Stablecoins are currently the best solution for cross-border business-to-consumer trade,” he noted.
Supporting this view, HashKey conducted a survey in Yiwu, a major manufacturing and trade hub in mainland China. The survey revealed that nearly all merchants had received inquiries from international buyers about making payments using popular US dollar-based stablecoins such as USDT and USDC.
HashKey Group operates HashKey Exchange, one of Hong Kong’s three licensed crypto exchanges. The company plans to launch its own blockchain, the HashKey Chain, next month.
With over 300 employees in Hong Kong and additional teams in Singapore, Tokyo, Dubai, Bermuda, and Europe, HashKey is expanding its global footprint.
While the Chinese government has not indicated any immediate plans to relax its crypto ban, Xiao emphasized the importance of maintaining a strong presence in Hong Kong. “Only by staying in Hong Kong can we serve mainland China when that market opens up. We firmly believe that day will come,” he asserted.
@ Newshounds News™
Source: Bitcoinist
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Source: Seeds of Wisdom Team RV Currency Facts
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News, Rumors and Opinions Friday AM 11-15-2024
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. 15 Nov. 2024
Compiled Fri. 15 Nov. 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Thurs. 14 Nov. 2024 RV Highlights on Telegram: “We are almost there and it is always quiet before the storm. The levels above us will start on Fri. 15 Nov. 2024. There are over 7,000 regional call centers which will set your appointments.
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. 15 Nov. 2024
Compiled Fri. 15 Nov. 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Thurs. 14 Nov. 2024 RV Highlights on Telegram: “We are almost there and it is always quiet before the storm. The levels above us will start on Fri. 15 Nov. 2024. There are over 7,000 regional call centers which will set your appointments. Those who do not get notified by email can find the information on the Web. It will be easily available. In Iraq their Victory Day is Dec. 10. We will go before the end of the month.”
Thurs. 14 Nov. 2024 Wolverine: “I am overly excited. It will happen any day, any time. There are no delays. It is a 100% go. In that meeting the excitement was overwhelming.”
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Thurs. 14 Nov. 2024 UPDATE: New List of 209 Countries That are (Allegedly) Connected to The QFS System or are Being Connected – QFS + RTGS Trust The Plan! …Mr. Pool Secrets
BOOOM!! Today, we uncover the intricate web of banks that are now aligning with the QFS system. The QFS, or Quantum Financial System, has been the subject of much speculation, whispers in dimly lit rooms, and late-night conspiracy theory forums. Some say it’s the future, while others claim it’s just another fanciful myth. But what if I told you that 97 of the top 100 central banks are being covertly connected to this system?
The world’s central banks have long been seen as the puppeteers of the global economy, shaping the fate of nations with their decisions. Their influence is undeniable. But what happens when these behemoths of finance join forces with an emergent, arguably enigmatic, technological powerhouse like the QFS?
Hold on to your hats folks, because here comes the bombshell!!! Our inside source, a brave individual deep within military intelligence circles (identity classified for obvious reasons), has dropped a piece of information that might just shake the very foundations of the global economy: 97 of the top 100 central banks are currently under transformation to become fully operational under the QFS + RTGS system. That’s not all, the remaining 82 smaller central banks are gearing up for this transition.
But first, let’s roll back a bit. For those of you who’ve been living under a rock, or perhaps wisely distancing yourself from the maddening world of global finance and its shady undertakings, the QFS + RTGS is the new kid on the block. It stands for Quantum Financial System and Real-Time Gross Settlement. In layman terms, it’s a sophisticated financial network ensuring instantaneous money transfers without the usual delays.
Why is this significant, you ask? Well, imagine the world where money flows without barriers, without time-lapses, without the invisible hands manipulating the scene behind thick velvet curtains. A world where every transaction is transparent (well, to those who know where to look). This is the promise of the QFS.
Thurs. 14 Nov. 2024 BOOOM!! There are a total of 179 central banks listed by the BIS with about 80 more when counting regional monetary authorities among the 209 countries—all these are (allegedly) being connected too. QUANTUM FINANCIAL SYSTEM https://t.me/+cNqgYdnw6QViM2Rh
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PARTI 1. QFS + RTGS! List of Banks that are(allegedly) Connected to the QFS System or are Being Connected:
Royal Bank of Zimbabwe: $835,000,082,302,000,000 (13 metric tons of in-ground gold estimated to yield $14 billion per annum by RBZ going forward) Central Bank Zimbabwe
Bank of Japan: $5,209,470,000,000 Central Bank Asia
People’s Bank of China: $5,144,760,000,000 Central Bank Asia
Deutsche Bundesbank: $2,014,010,000,000 Central Bank Europe
Bank of France: $1,244,730,000,000 Central Bank Europe
Bank of Italy: $1,135,605,542,549 Central Bank Europe
Swiss National Bank: $886,574,000,000 Central Bank Europe
Bank of Spain: $861,564,000,000 Central Bank Europe
Central Bank of Brazil: $856,248,000,000 Central Bank Latin America
Bank of England: $758,014,000,000 Central Bank Europe
Reserve Bank of India: View Total Assets Central Bank Asia
European Central Bank: View Total Assets Central Bank Europe
Saudi Arabian Monetary Authority: View Total Assets Central Bank Middle East
Central Bank of China: View Total Assets Central Bank Asia
Bank of Korea: View Total Assets Central Bank Asia
Central Bank of the Russian Federation: View Total Assets Central Bank Europe
Netherlands Bank: View Total Assets Central Bank Europe
Monetary Authority of Singapore: View Total Assets Central Bank Asia
Read full post here: https://dinarchronicles.com/2024/11/15/restored-republic-via-a-gcr-update-as-of-november-15-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat ...my CBI contact told me they almost must reinstate the dinar at about the same time or very shortly after...they end the currency auctions in Iraq...at the end of this year. This is why this move to end the currency auctions is so important to us investors. Remember also that the CBI will be no longer taking dollars from the oil revenues to pay for imports. If this is the case don’t you think the dinar must have some substantial value?
Nader From The Mid East Community comment: "The dinar is not on Forex." You're wrong. Every currency of the world is on Forex. Some of them are frozen. Some of them are not. Some of them are moving. You can exchange it, you can buy it. Every money you put on you go on Forex. You could put any money you want...but some of them are frozen. You cannot buy...sell them...If you tell me, 'oh, some of them are frozen and not moving.' I agree with you but the Iraqi dinar start moving. This is what I'm saying, it start moving now. You cannot buy and sell but once he moves a lot they're going to have to buy it and sell it.
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Gold Signals Demand Destroying Event Imminent | Francis Hunt
Liberty and Finance: 11-14-2024
Elijah K. Johnson hosts Francis Hunt, also known as "The Market Sniper," to discuss the recent pullback in precious metals like gold and silver. Francis highlights several key factors contributing to this sell-off, including a rising U.S. dollar and climbing 10-year Treasury yields, both of which are putting pressure on the metals market.
He explains that while gold has seen significant gains since earlier in the year, the market is experiencing normal fluctuations, with Bitcoin increasingly drawing attention as a digital alternative to gold. Francis also warns of potential macroeconomic risks, such as a "demand-destroying" event, which could trigger a broader financial collapse, impacting gold and silver prices.
However, he suggests that while Bitcoin is gaining momentum, gold remains a safer bet for those looking for stability in a turbulent market.
INTERVIEW TIMELINE:
0:00 Intro
1:20 Gold & silver pullback
16:33 Demand destroying event
24:00 Gold chart
31:40 The Market Sniper
Seeds of Wisdom RV and Economic Updates Thursday Evening 11-14-24
Good Evening Dinar Recaps,
18 GOP AGS SUE SEC AS GENSLER HINTS RESIGNATION
Donald Trump’s promise of a U.S. SEC without Gary Gensler may be realized ahead of schedule amid state lawsuits and resignation chatter.
Wall Street’s top cop-on-the-beat has been accused of “unconstitutional overreach” and “unfair persecution” of the $3 trillion cryptocurrency industry, according to a lawsuit signed by 18 Republican Attorneys Generals.
The lawsuit alleges that the United States Securities and Exchange Commission and its commissioners, led by chair Gary Gensler, overstepped their jurisdiction and disregarded state economic autonomy.
Good Evening Dinar Recaps,
18 GOP AGS SUE SEC AS GENSLER HINTS RESIGNATION
Donald Trump’s promise of a U.S. SEC without Gary Gensler may be realized ahead of schedule amid state lawsuits and resignation chatter.
Wall Street’s top cop-on-the-beat has been accused of “unconstitutional overreach” and “unfair persecution” of the $3 trillion cryptocurrency industry, according to a lawsuit signed by 18 Republican Attorneys Generals.
The lawsuit alleges that the United States Securities and Exchange Commission and its commissioners, led by chair Gary Gensler, overstepped their jurisdiction and disregarded state economic autonomy.
Litigation from GOP AGs and states has added to the existing scrutiny of Gensler’s SEC career. Top lawmakers have opened an investigation into the SEC’s hiring practices amid suspicions of politically biased recruitment, which has spurred the inquiry.
Several members of Congress have called for his resignation, and Donald Trump has promised the digital asset industry that he would dismiss Gensler.
Is Gary Gensler retiring?
Social media is buzzing with speculation that Gensler might be on his way out as SEC Chairman. His comments in a note on Nov. 14, calling his time at the SEC “a great honor” and praising his colleagues for their dedication, have fueled rumors of a possible imminent retirement.
The SEC is a remarkable agency. The staff and Commission are deeply mission-driven, focused on protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation.
Gary Gensler, SEC chair
He added that it’s been a privilege to serve with the SEC “doing the people’s work and ensuring that our capital markets remain the best in the world.”
A firm stance on crypto regulation has marked Gensler’s tenure at the securities regulator. Blockchain industry players increasingly anticipate changes in leadership and policy enforcement from the SEC after years of grappling with Gensler’s regulatory approach.
The SEC has ongoing court cases against firms like Coinbase and Ripple. As such, Gensler’s potential departure has become a focal point for speculation on how regulatory policies might shift under new leadership.
@ Newshounds News™
Source: Crypto News
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Senator Lummis Proposes Selling Fed’s Gold To Fund Strategic BTC Reserve: Bloomberg
According to a latest Bloomberg report, Republican Senator Cynthia Lummis of Wyoming has proposed to sell a part of the Federal Reserve’s gold holdings to purchase one million Bitcoins for the creation of a strategic bitcoin reserve.
The Senator, an ally of Donald Trump, has a plan for filling up the president-elect’s proposed strategic Bitcoin stockpile without adding to the government deficit.
The bill calls for the US to acquire 1 million Bitcoin, representing nearly 5% of the outstanding tokens. Cynthia Lummis estimates this would cost around $90 billion based on current prices, but the sum could rise if the market anticipates the government’s involvement.
“We already have the financial assets in the form of gold certificates to convert to Bitcoin,” Lummis said in an interview with Bloomberg. “So the effect on the US balance sheet is pretty neutral.”
According to Lummis’ bill, the cryptocurrency would be held for a minimum of 20 years, and the presumed appreciation in value would help to reduce the national debt.
Uphill Battles To Be Faced
Despite the industry hopes that this will be the most crypto-friendly Congress ever, some market watchers believe that Lummis’ bill, which currently has no co-sponsors, faces an uphill battle.
“It’s still putting government money on the line, and Bitcoin has not shown itself to be a particularly stable asset,” noted Jennifer J. Schulp, director of financial regulation studies at the Cato Institute’s Center for Monetary and Financial Alternatives.
She further added that “the bill asks senators and members of Congress, who may not understand crypto that well, to make a much bigger leap of faith in terms of its long-term viability.”
Novogratz Doubtful Of US Creating Strategic BTC Reserve
Michael Novogratz, the CEO of Galaxy Digital, believes there is a low likelihood of US setting up a Bitcoin strategic reserve. However, if it does, Novogratz predicted that this would push its price to $500,000 since other nations would feel compelled to create similar stockpiles.
Lummis first unveiled her bill at the Bitcoin 2024 conference after Trump announced his ambition to create a government Bitcoin reserve. After a most anticipated Trump win, the crypto market has surged massively with Bitcoin making newer highs above $93,000.
Lummis is optimistic that her BITCOIN bill, short for Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide, will gain support in the next Congress.
She noted that Trump has already endorsed the idea of a reserve and his closest advisers include people who understand Bitcoin and its role in our future.
@ Newshounds News™
Source: Coinpedia
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Economist’s “News and Views” Thursday 11-14-2024
How A Government Collapses Financially (Deficit Spending)
Lynette Zang: 11-14-2024
Today's video is about about deficit spending will cause the financial collapse of any economy or government and how the U.S is on its way there...
Lynette Zang is an economist that has been involved in the markets at some level since 1964, as a student, banker, stockbroker and precious metals and currency analyst.
How A Government Collapses Financially (Deficit Spending)
Lynette Zang: 11-14-2024
Today's video is about about deficit spending will cause the financial collapse of any economy or government and how the U.S is on its way there...
Lynette Zang is an economist that has been involved in the markets at some level since 1964, as a student, banker, stockbroker and precious metals and currency analyst.
She has been studying currency lifecycles since 1987 and discovered similar social, economic, and financial patterns that occur throughout the stages of a currency’s lifetime.
She believes that recognizing these patterns enables people to see what’s coming and make well-informed choices that put their best interest first.
"Expect the Unexpected" Post-Election Market Moves: What It Means for Gold, Silver & Bitcoin
Mile Maloney: 11-14-2024
Dive into this insightful conversation with Mike Maloney and Alan Hibbard as they explore how the latest U.S. election might impact gold, silver, and other major asset classes.
From short-term reactions to the election, to a broader analysis of the forces driving today’s gold and silver markets, Mike and Alan cover it all.
Discover why they believe negative real interest rates could keep precious metals on a bullish path, regardless of political changes.
Will the Federal Reserve's policies spark inflation and support gold’s growth? What role might Bitcoin play? Learn how to prepare for the unexpected in this era of economic uncertainty and market unpredictability.
LIVE! Lions... Something BIG, (GOOD FOR ALL OF US), Is Happening. WATCH THIS ONE Closely.
Greg Mannarino: 11-14-2024
Seeds of Wisdom RV and Economic Updates Thursday Afternoon 11-14-24
Good Afternoon Dinar Recaps,
MARKET PARTICIPANTS URGE ECB TO EXTEND WHOLESALE DLT TRIALS
For the last six months the European Central Bank (ECB) has been orchestrating wholesale DLT settlement trials using central bank money. More than 70 institutions have taken part, with three different payment options available.
Today three of the most active participants – Deutsche Börse’s Clearstream, DekaBank and Union Investment – shared their lessons as part of a Frankfurt School Blockchain Center event.
Good Afternoon Dinar Recaps,
MARKET PARTICIPANTS URGE ECB TO EXTEND WHOLESALE DLT TRIALS
For the last six months the European Central Bank (ECB) has been orchestrating wholesale DLT settlement trials using central bank money. More than 70 institutions have taken part, with three different payment options available.
Today three of the most active participants – Deutsche Börse’s Clearstream, DekaBank and Union Investment – shared their lessons as part of a Frankfurt School Blockchain Center event.
One of the three payment options was the Bundesbank’s Trigger solution, which has its own blockchain that triggers a payment on the Target2 payment system. The Banque de France has its DL3S blockchain that tokenizes central bank cash as a pilot wholesale CBDC.
And the Bank of Italy provided its TIPS Hashlink solution, a lightweight escrow smart contract for the TIPS payment system which requires little infrastructure investment.
All the participants were extremely positive about the trials and keen to see them continue.
The combination of tokenization and central bank money can cut costs, reduce risks and yield efficiencies. Several times they mentioned the potential for a digital capital markets union, as recently discussed by ECB Director Piero Cipollone.
Another consensus was the desire to hear the ECB’s roadmap for next steps before the settlement trials finish at the end of this month.
Calls for the wholesale DLT settlement trials to continue
Clearstream’s Thilo Derenbach and Dekabank’s Michael Cyrus want to avoid losing momentum. Hence, they are both keen to keep the settlement solutions available.
“We would strongly recommend that the ECB does not now close the trial period and wait for many months or possibly years to then proceed with scalable BAU (business as usual) sort of implementation of the payment rails,” said Mr Derenbach.
“Rather communicate soon to the market how the continued ongoing usage of one, two or three or other payment solutions would be made available. The market is ready.”
Mr Cyrus expressed a similar sentiment, noting that the Bundesbank’s Trigger solution had been around for two years before the trials started. “Now if we have to wait another two or three years, this would be a clear sign that innovation is not coming to the market as quick as we like and I think as quick as the market is ready for,” said Mr Cyrus.
That kind of continuity would allow market players to focus on building out other aspects of the ecosystem, such as secondary markets. He noted that relatively few asset managers were buying the tokenized issuance because of a lack of secondary markets and the need for digital securities to be eligible as collateral for central bank activities. Digital securities should be treated the same as conventional securities.
Ideally he would like to see the Trigger solution remain available. Experimentation with tokenized commercial bank money would also be desirable.
We previously highlighted that German firms dominated the trials which works in favor of the Trigger solution, as opposed to a decision purely on the merits of each option.
Wholesale CBDC in medium term
While all three participants were reluctant to select one solution over others, the Trigger solution came to the fore. Arguably, for a digital capital markets union, broadening the options could be on the cards. We’d note that the Bank of Spain is also developing a solution. Spain’s developer is the technology partner for Fnality, the wholesale tokenized payment solution that is already in production.
All three institutions seemed to envision a wholesale CBDC as the ultimate solution, with the use of existing payment rail integrations such as the Trigger and TIPS Hashlink solutions, seen as more important in the short term.
Union Investment’s Christoph Hock said he’d heard that it would take at least two years for the Banque de France’s wholesale CBDC to go into production.
“Stablecoins could come into production already in 2025. I think a wholesale CBDC solution by the ECB somewhere in 27/28 potentially wouldn’t be helpful for the market,” he said.
Hence he suggested a production version of the Trigger solution could be ready in late 2025 or early 2026 and in the meantime work could progress on the wholesale CBDC with the Banque de France.
Mr Hock also observed the important role that the central banks in Switzerland and Singapore have played in making their countries leaders in the tokenization space.
Switzerland has extended its six month wholesale CBDC pilot for a further two years. He envisions that the Bundesbank in combination with the ECB could launch a world first with a production Trigger solution.
@ Newshounds News™
Source: Ledger Insights
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RIPPLE VS SEC UPDATE: XRP LAWSUIT TAKES POSITIVE TURN AHEAD OF 2025 TRIAL
▪️XRP News Today: Ripple scores a significant legal victory as a US court rules in favor of Ripple Labs in the ongoing XRP lawsuit, narrowing the scope of class claims.
▪️Ripple Lawsuit Update: Judge Phyllis Hamilton grants Ripple’s motion for final judgment on settled class claims, limiting the case and setting a trial date for January 2025.
▪️The news of Ripple's legal win boosts XRP sentiment, with potential positive effects on XRP price action in the coming months
In the latest development, Ripple has scored a legal victory. In the ongoing In re Ripple Labs Inc. litigation, a US court has ruled in favor of Ripple Labs, XRP II LLC and Brad Garlinghouse.
This is a huge win for Ripple in the long-running case over unregistered securities sales. Judge Phyllis Hamilton granted Ripple’s motion for final judgment on certain class claims, which limits the case and sets up a trial in January 2025.
Key Lawsuit Details
Ripple and the plaintiffs jointly filed a motion seeking final judgment on settled class claims and a pause on remaining claims while appeals are pending.
Judge Phyllis Hamilton’s order specifically addresses the class action claims related to unregistered securities sales, Ripple’s potential liability as a “control person,” and alleged California securities law violations.
With this ruling, the court has scheduled a trial for January 21, 2025, while pausing previous pretrial deadlines until appeals of the class claims are resolved.
Ripple’s Push for Clarity
Ripple’s request for this final judgment aims to streamline the legal process, clarify remaining claims, and shorten the case’s timeline. The court has also encouraged both sides to consider alternative dispute resolutions, hinting that settlement discussions may be on the horizon in the coming months.
Implications of the Ripple vs SEC Case
The Ripple case has implications for the SEC v. Ripple Labs case where the U.S. SEC is accusing Ripple of violating federal securities laws. Ripple’s win could further enhance the confidence in their stance against the SEC.
Especially after Trump has hinted towards regulatory clarity in the industry, and promised to fire Gary Gensler, the market anxiously awaits an action from the administration. Legal experts and Ripple CTO David Schwartz believe that a dismissal or settlement is possible. Attorney Fred Rispoli had stated that while a settlement appears more realistic, however, a full dismissal might be unlikely.
Gary Gensler To Exit Soon?
While Trump’s inauguration is set for January 20, the pro-XRP attorney James Murphy (MetaLawMan on X) believes Gensler may vacate his post as early as this month. Gensler’s potential resignation and a pro-crypto replacement could fuel a significant market resurgence.
XRP’s price remains closely tied to the regulatory clarity surrounding the token. Attorney Case Darwin agreed with a trader who noted that ‘not owning XRP during this run will be one of the biggest mistakes many will make’.
He shared that people will not buy it, as the SEC appealed the district court’s decision, in which Ripple won a resounding victory. He emphasized that the BTC hype and its appeal will keep them away. XRP is currently trading at $0.7263, up over 3% in the last 24 hours.
With the stakes higher than ever, Ripple’s victory is more than a win—it’s a turning point for crypto.
@ Newshounds News™
Source: Coinpedia
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🌱LAND PATENT ALLODIUM #CONSTITUTION #SOVEREIGN | Youtube
With Mason -- Ask questions here: The Constitution Intel history and more
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Source: Seeds of Wisdom Team RV Currency Facts
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More News, Rumors and Opinions Thursday PM 11-14-2024
TNT:
Tishwash: Will Iraq be the savior of the countries of the region if oil prices fall?
Economic expert Safwan Qusay spoke about Iraq’s ability to confront the decline in global oil prices, pointing out that leaving the single economy and focusing on non-oil imports has become a necessity to restore the Iraqi economy.
Qusay said, "If oil prices rise by a hundred dollars, it is possible that the quantities that were voluntarily reduced by OPEC will be re-pumped, noting that "there are no less than two million two hundred thousand barrels that have been voluntarily reduced."
He added, "It is not in the interest of oil producers to raise oil prices above $100 because that will support investments in shale oil, indicating that the producing countries are trying to control the price between $70 and $100."
TNT:
Tishwash: Will Iraq be the savior of the countries of the region if oil prices fall?
Economic expert Safwan Qusay spoke about Iraq’s ability to confront the decline in global oil prices, pointing out that leaving the single economy and focusing on non-oil imports has become a necessity to restore the Iraqi economy.
Qusay said, "If oil prices rise by a hundred dollars, it is possible that the quantities that were voluntarily reduced by OPEC will be re-pumped, noting that "there are no less than two million two hundred thousand barrels that have been voluntarily reduced."
He added, "It is not in the interest of oil producers to raise oil prices above $100 because that will support investments in shale oil, indicating that the producing countries are trying to control the price between $70 and $100."
Qusay pointed out that "Iraq will be the greatest savior for the countries of the region because it has dollar reserves and has a strategic reserve in terms of oil production," indicating that "if the government succeeds in containing the conflict and not being dragged directly into the region's unrest, the Iraqi economy will be pulled from the war zone to the development zone."
Qusay explained that "Iraq is able to confront the decline in oil prices, knowing that there is no decline in prices below seventy dollars because OPEC is the one that determines the quantities of production and is determined to remain within the region of 70-100 dollars per barrel."
He added, "The surplus that accumulated during the previous period of this year, in which Iraq sold at no less than $80 per barrel, enables Iraq to confront price changes."
He pointed out that "Iraq has begun to diversify its economy by investing in oil derivatives and stopping the burning of associated gas, in addition to stopping the import of materials that could be included in the ration card, noting that "the government has opportunities in the matter of sustainable financing through the reserves of the Central Bank or through the sale of oil shares if revenues fail to reach their goals." link
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Tishwash: Sudanese advisor indicates an increase in the Central Bank's foreign exchange reserves
The Prime Minister's Financial Policy Advisor, Mazhar Mohammed Salih, confirmed today, Wednesday, the increase in the accumulation of foreign reserves of the Central Bank of Iraq.
Saleh said in an interview with Al-Maalouma Agency, “There is a direct correlation between the current account surplus of the Iraqi balance of payments and the development of the foreign reserves of the Central Bank of Iraq.”
He explained that "as long as there is a surplus in the current account of the balance of payments that has been achieved during the current year, which is positively indicated by the accumulation of the foreign reserves of the Central Bank of Iraq during 2021, with a change rate towards an increase of more than 20% compared to the levels of 2020.”
He pointed out that "foreign currency coverage of the Iraqi dinar has increased and is approaching matching its coverage of the basic currency."
He added that "the monetary policy of the Central Bank of Iraq enjoys the availability of a strong foreign reserve tool that can maintain the purchasing power of the Iraqi dinar and confront inflationary expectations with high and comfortable capacity through the power of intervention in imposing stability in the exchange market through open market operations practiced by the monetary authority to achieve the operational goals of monetary policy with ease and flexibility.” link
**
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 ...When you look at the monetary reform education right now, with all this information occurring right now, then one can logically say it has already started. The moment they show those pictures [of the lower notes] it's all over with and I strongly believe they're going to show them this year. To me November, December and January and February, it's all the same year. It's the process.
Bruce [via WiserNow] ...we got one piece of Intel, one piece but it might be all we need...And Here's how it went, we did speak to someone who is at a redemption center. This person said that they were told that they were waiting for the US, the new US Treasury, to make an announcement ...an announcement from the new US Treasury and the email from Wells Fargo, both of those to happen within next three days...Wednesday, Thursday and Friday... it could happen anytime those three days, or it might take all the way to Friday... let's...see where we stand at that point
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BRICS: De-Dollarization Is Unstoppable
Geopolitical Analyst: 11-13-2024
Whether you like it or not, the de-dollarization agenda kick-started by the BRICS alliance is here to stay. There is no denying that the US dollar reigns supreme despite multiple global challenges, but how long can it fend off its adversaries?
In the early 20th century, the United Kingdom had its colonies all across the world and ran a famous phrase ‘the sun never sets on the British empire’. Its territories were so large, that you were considered crazy if you would think it would all end someday.
In no surprise, the sun did set on the British empire just 45 years after the phrase came into existence.
The UK is now a country struggling with finances and its colony India, which is a BRICS member has surpassed it through a robust GDP. The turn of events could be brutal as time passes by and those who think that the US dollar will remain supreme forever need a reality check of the British empire.
De-Dollarization is Difficult and Takes Time, But Won’t Stop for sure. The BRICS bloc confirmed that the de-dollarization agenda is a long-term goal and will fight could go on for decades.
The more the fight prolongs, the higher the chances are of bringing the US dollar down from the reserve currency status.
How the endless wars brought down the British empire, a similar fate could hit the US dollar. The New Development Bank, commonly called the BRICS bank made it public that de-dollarization is not a short-term goal. “The development of anything alternative is more a medium to long-term ambition,” said Leslie Maasdorp, VP of New Development Bank to Fortune.
The White House needs to take the challenge seriously and not brush off the de-dollarization agenda kick-started by BRICS. If the US remains prepared to take on the challenges, emerging economies will find it difficult to pull through. Knowing the steps the enemy takes can help America fight off the challenges provoked by the bloc.
Could Trump End the Federal Reserve System?
Could Trump End the Federal Reserve System?
Palisades Gold Radio: 11-13-2024
In a recently aired episode of Palisades Gold Radio, host Tom Bodrovics welcomed back Christopher Aaron, a well-respected figure in the world of precious metals and founder of iGold Advisor. With the dust settling post-U.S. election and the Federal Reserve’s recent meeting, Aaron’s insights into the market sentiment surrounding gold provide both clarity and caution for investors looking to navigate this complex environment.
The episode delves into the immediate responses from investors regarding gold, as various factors—including election outcomes and Federal Reserve policies—begin to shape market perception. Aaron emphasizes the importance of understanding market cycles and where gold currently stands.
Could Trump End the Federal Reserve System?
Palisades Gold Radio: 11-13-2024
In a recently aired episode of Palisades Gold Radio, host Tom Bodrovics welcomed back Christopher Aaron, a well-respected figure in the world of precious metals and founder of iGold Advisor. With the dust settling post-U.S. election and the Federal Reserve’s recent meeting, Aaron’s insights into the market sentiment surrounding gold provide both clarity and caution for investors looking to navigate this complex environment.
The episode delves into the immediate responses from investors regarding gold, as various factors—including election outcomes and Federal Reserve policies—begin to shape market perception. Aaron emphasizes the importance of understanding market cycles and where gold currently stands.
Amidst the uncertainty, Aaron advises against abandoning precious metals entirely. Unforeseen circumstances can arise, making gold a valuable hedge against volatility. As market conditions evolve, the historical resilience of gold has shown that it often serves as a safe haven during turbulent times.
Bodrovics and Aaron explore the notable influences of the recently concluded U.S. election and the ongoing Fed meetings. They dissect how the political climate—particularly involving the potential implications of a Trump presidency—affects market dynamics. Importantly, discussions also touch on the Dow to Gold ratio, highlighting how this relationship can indicate broader market trends.
The gold to silver ratio is another focal point of Aaron’s analysis. By examining the trends in this ratio, he provides insights into the potential implications for investors. Historically, silver’s performance can closely relate to industrial demand and economic conditions, which can diverge significantly from gold’s typically more stable value.
The discussion also highlights the potential for significant changes within the government and their relationship with the Federal Reserve. Aaron notes Ron Paul’s long-time advocacy for ending the Federal Reserve System, positing that his presence in a potential Trump administration could signal a deliberate pivot in monetary policy.
The expected timeline for tax cuts and regulatory changes, as discussed in the episode, should prompt investors to consider wider implications as the new administration settles into office.
As the episode winds down, both Bodrovics and Aaron stress the importance of maintaining a holistic view of investments. While precious metals remain crucial, diversifying across various markets can mitigate risk and capitalize on emerging opportunities.
The insights from Christopher Aaron on Palisades Gold Radio serve as a valuable reminder for investors: navigating the current financial landscape requires both acute awareness and flexibility. As election outcomes ripple through the economy and the Federal Reserve makes pivotal decisions, one thing is certain—being informed and prepared is paramount.
In the world of precious metals and beyond, understanding market cycles and broader economic themes will empower investors to make wise and timely decisions in an ever-changing environment.
Seeds of Wisdom RV and Economic Updates Thursday Morning 11-14-24
Good Morning Dinar Recaps,
BLACKROCK EXPANDS TOKENIZED MONEY MARKET FUND BUIDL TO FIVE MORE BLOCKCHAINS
Today Securitize, BlackRock’s tokenization partner, announced that BlackRock’s money market fund, BUIDL, is now available on five additional blockchains. It launched in March on Ethereum and has now expanded to Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon.
BUIDL is the largest tokenized money market fund on a public blockchain with a market capitalization of $517 million. Ondo Finance has issued its own money market fund backed by BUIDL, so it accounts for $192 million of BUIDL’s balance. While BlackRock has a minimum investment of $5 million, Ondo’s OUSG has a $5,000 minimum and also temporarily waves fees.
Good Morning Dinar Recaps,
BLACKROCK EXPANDS TOKENIZED MONEY MARKET FUND BUIDL TO FIVE MORE BLOCKCHAINS
Today Securitize, BlackRock’s tokenization partner, announced that BlackRock’s money market fund, BUIDL, is now available on five additional blockchains. It launched in March on Ethereum and has now expanded to Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon.
BUIDL is the largest tokenized money market fund on a public blockchain with a market capitalization of $517 million. Ondo Finance has issued its own money market fund backed by BUIDL, so it accounts for $192 million of BUIDL’s balance. While BlackRock has a minimum investment of $5 million, Ondo’s OUSG has a $5,000 minimum and also temporarily waves fees.
*************************
Notably, BUIDL has management fees of 50 basis points on most blockchains but it’s only 20 bps on Aptos, Avalanche, and Polygon, with the lower costs subsidized by foundations associated with the blockchains.
“We wanted to develop an ecosystem that was thoughtfully designed to be digital and take advantage of the advantages of tokenization,” said Securitize CEO and co-founder Carlos Domingo. “Real-world asset tokenization is scaling, and we’re excited to have these blockchains added to increase the potential of the BUIDL ecosystem.
With these new chains we’ll start to see more investors looking to leverage the underlying technology to increase efficiencies on all the things that until now have been hard to do.”
In October Securitize integrated with Zero Hash to allow digital asset firms to use USDC to buy BUIDL and keep their funds on-chain. For some time the USDC stablecoin issuer Circle has said it stands ready to buy BUIDL funds for USDC, allowing investors to exit their investment whenever they like. On a related point, we previously explored why asset managers might want a shared stablecoin.
@ Newshounds News™
Source: Ledger Insights
~~~~~~~~~
RIPPLE NEWS: XRP DOCUMENTARY TO ‘BLOW OPEN THE SEC LAWSUIT AGAINST RIPPLE’; FIRST REVIEWS OUT
The highly anticipated XRP documentary, “XRP Unleashed/ Rigged from the Start”, has officially premiered in Scottsdale, Arizona, drawing significant attention in the crypto world. The film explores the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC).
Fans of the XRP saga can look forward to more opportunities to watch the documentary, as plans for a second screening tour in other cities are under consideration. For those unable to attend in person, the film will be available for streaming on the official website starting November 21.
********************************
First Reviews Out:
A user named Jeremy Quintanilla took to X and wrote, “Don’t miss @Fruition_Films XRP Unleashed! #XRPArmy What a f...ing amazing story that blows the story open the SEC Lawsuit against @Ripple.”
Ray Fuentes said, “The #XRPUnleashed premiere in Scottsdale was a success! Big congrats to @Fruition_Films and everyone involved in creating this impactful documentary. Major bombs were dropped!”
XRP Price Hints at Big Rally
XRP has recently reacted to a key support zone that has been closely watched for months. This support area has been significant since July 2023, and the price has dipped into this zone a few times already, including in July, August, and November. This pullback is part of a larger corrective pattern, and it looks like XRP is now testing this support again.
The key target for XRP remains a price range between $1.26 and $1.99, and the next critical level to watch is around the 66-70 cent mark. If XRP stays below this level, it could continue to show bearish momentum. However, a breakout above this level could signal a shift toward a more bullish outlook.
Currently, XRP is attempting a move higher, but the price action has been weak and uncertain. If this upward move continues, it might be part of a larger corrective structure, with a possible pullback before another rise. The ultimate target, if the upward trend continues, is between 83.8 cents and $1.17, based on key Fibonacci levels.
@ Newshounds News™
Source: Coinpedia
Also watch the trailer here:
RIGGED FROM THE START, EXPOSING THE SEC'S WAR ON CRYPTO, Trailer | Youtube
~~~~~~~~~
🌱 MONEY #CONSTITUTION #SOVEREIGNTY #MONEY | Youtube
with Mason -- Ask questions here: The Constitution Intel history and more
@ Newshounds News™
Source: Seeds of Wisdom Team RV Currency Facts
~~~~~~~~~
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News, Rumors and Opinions Thursday AM 11-14-2024
“Thanksgiving, Christmas again” by Texastreeman – 11.13.24
Well hello family.
Good to see all of you and hear from you.
Well as you can see the holidays are here again, but no money again.
We hear about the QFS accounts! They are ready.
Alliances how about giving us a wonderful Thanksgiving by allowing us release of our funds .
“Thanksgiving, Christmas again” by Texastreeman – 11.13.24
Well hello family.
Good to see all of you and hear from you.
Well as you can see the holidays are here again, but no money again.
We hear about the QFS accounts! They are ready.
Alliances how about giving us a wonderful Thanksgiving by allowing us release of our funds .
There is a lot of us lost our homes. Lost our jobs. Lost our cars. Lost family members waiting, waiting for this to happen.
Reward us this year with some funds. Since we have cover your butts over all the years telling people this is real. This is going to save the world. We are being called crazy to believe in this project.
We can see the writing on the wall for another year, telling our kids, sorry no Christmas again because we have lost everything believing in this to help the world.
Alliances you can show us some grace by allowing us to go before Thanksgiving, or allowing our R&R funds in the QFS account.
That will make our wife’s, kids happy. We could put a smile on their faces.
Give us a report thru Judy daily Intel.
Thank you alliances for listening our concern over another holiday.
By Texastreeman
https://dinarchronicles.com/2024/11/13/thanksgiving-christmas-again-by-texastreeman-11-13-24/
************
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. 14 Nov. 2024
Compiled Thurs. 14 Nov. 2024 12:01 am EST by Judy Byington
Judy Note: There was no news that I could find about the RV on Wed. 13 Nov. 2024:
Tues. 12 Nov. 2024 Bruce: A Redemption Center person was told that within the next three days they would get an announcement from the US Treasury. Then the Redemption Center Leaders would receive an email from Wells Fargo which would give them the start time for Tier4b (us, the Internet Group).
Tues. 12 Nov. 2024 Wolverine: “I went to a meeting and was told it was defiantly happening. Don’t know when, but it is definitely happening. I am not allowed to say much but we will certainly have a wonderful Christmas….I was just informed by B that our closing schedule will be released by the Admiral on or before Sunday midnight (17 Nov. 2024). That will be final.”
Wed. 13 Nov. 2024: GESARA: Why It’s Happening and How It Affects You – GCR & QFS Reveal the Iraqi Dinar’s Path to Profit and NESARA’s Vision for a Wealth-Distributed America! – Gazetteller
Tues. 12 Nov. 2024: UPDATE: New List of 209 Countries That are Connected to The QFS System or are Being Connected – QFS + RTGS Trust The Plan! – amg-news.com – American Media Group
Tues. 12 Nov. 2024: EXPOSED: NESARA GESARA Initiatives Reveal the Fall of Corrupted Banks, Stock Market Collapse, and Deepstate Corporations in the Vatican – amg-news.com – American Media Group
Read full post here: https://dinarchronicles.com/2024/11/14/restored-republic-via-a-gcr-update-as-of-november-14-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 High inflation, debt, terrorism, parliament, the auctions, they were the reasons for a program rate but not any longer...The 7.3% increase in [Iraqi] private banks is because of the success of the monetary reform education... [Iraqi citizens] are once again trusting your banks and that was very important for the security and stability of your new exchange rate that is coming to you.
Walkingstick [Iraqi Bank manager friend Aki Update] AKI: I got the billboards in the banks but you know they're already in place. Everything is electrical. These are TV screens. They are already in place in our banks. I got them in my banks. Your question was about billboards in banks. No, we call those posters. They will have pictures and descriptions yes.
** **********
Why Is Gold Price Crashing? Will Selloff Intensify? Gary Wagner Answers
David Lin: 11-13-2024
Gary Wagner, Editor of TheGoldForecast.com, discusses the recent drop in gold price and the outlook for the price from here.
0:00 - Market sentiment shift
2:16 - Dollar and gold
3:28 - Gold and geopolitics
5:25 - Inflation and bond yields
6:28 - Gold price technicals
15:09 - Upside target for gold
18:55 - Gold’s floor
22:45 - Silver
25:00 - What to do with gold
“Tidbits From TNT” Thursday Morning 11-14-2024
TNT:
Tishwash: Financial inclusion and banking restructuring
The current government 's interest in the banking sector has become striking to the point that it can be said that the government is actually undertaking the "financial inclusion program, whose founders aim to deliver services to all regions of the country and include all societal and age groups with these services with the aim of encouraging all citizens to open bank accounts, and then withdraw the cash mass hoarded by the public, which the Central Bank estimates at about 70 percent of the issued cash, and circulate it in the banking arena activities, with the aim of raising credit rates and contributing to creating real development.
On this basis, the Prime Minister's Office's statement came in this regard recently, which referred to some of the challenges facing the efforts to reform the financial and banking system
TNT:
Tishwash: Financial inclusion and banking restructuring
The current government 's interest in the banking sector has become striking to the point that it can be said that the government is actually undertaking the "financial inclusion program, whose founders aim to deliver services to all regions of the country and include all societal and age groups with these services with the aim of encouraging all citizens to open bank accounts, and then withdraw the cash mass hoarded by the public, which the Central Bank estimates at about 70 percent of the issued cash, and circulate it in the banking arena activities, with the aim of raising credit rates and contributing to creating real development.
On this basis, the Prime Minister's Office's statement came in this regard recently, which referred to some of the challenges facing the efforts to reform the financial and banking system, as one of the priorities of the government program, while the statement identified a number of steps with the aim of confronting these challenges and ensuring the strengthening of confidence in the financial and banking sectors, facilitating the process of economic development, and raising indicators of financial inclusion.
However, the clear intersection between the government's direction and the banking restructuring program indicates a number of observations that are directly related to these steps, such as the contradiction between what was stated in the content of these government steps, and the banks' procedures regarding restructuring, as some government banks have taken steps The issue of restructuring, which was apparently limited to the merger of large numbers of branches of operating government banks, included branches on the outskirts of governorate centers and in the middle of them, which undermined the service area in which these banks operate.
This completely intersects with the financial inclusion program, one of the tools of which the statement specified is “providing banking services to different segments of society, including districts and sub-districts in villages and rural areas.”
The steps mentioned in the statement, which are in the process of intensifying efforts, did not indicate the issue of the conditions previously set regarding raising the capital rates of banks to about 450 billion dinars by the end of December 2024, which obligated all private and government banks in this regard, otherwise these banks will be merged or liquidated, if we know that some government banks whose many branches have been merged still have a large number of branches, and these branches still provide their daily services to large numbers of the public, while they are exposed to merger or liquidation
Even some administrations are unable to make some decisions related to developing services, because they realize that the fate of their banks will end in merger or liquidation, and this is what makes the intersection clear in the government's direction regarding developing the performance of banks and expanding the scope of services with the restructuring program implemented by the relevant authorities. link
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Tishwash: IMF praises positive developments in Iraq in financial and banking aspects
The International Monetary Fund praised, on Wednesday, the positive developments witnessed by Iraq in the financial and banking aspects .
A statement by the Presidency of the Republic received by "Mil" stated that "President of the Republic, Abdul Latif Rashid, received today, Wednesday, at his residence in the Azerbaijani capital, Baku, the Director of the International Monetary Fund, Kristalina Georgieva, as part of His Excellency's participation in the United Nations Climate Conference (COP29)."
He added, "During the meeting, the cooperation relations between Iraq and the International Monetary Fund and ways to enhance them in the context of supporting the development path in Iraq were reviewed. During the meeting, His Excellency the President of the Republic stressed Iraq's endeavor to implement integrated programs and plans to stimulate the economy and support the financial and banking reform process ."
Rashid thanked the International Monetary Fund for what it did to support Iraq's budget during the crises it faced and overcame, stressing the "importance of completing coordination and joint cooperation in order to continue efforts to combat corruption, support investment, and develop the private sector, leading to building a strong, cohesive, and recovering economy ."
For her part, Kristalina explained that "the primary mission of the International Monetary Fund is to provide support to countries' budgets during crises, and this is what the Fund did with Iraq during a difficult period, but it overcame it," praising "the positive developments that Iraq witnessed in the financial and banking aspects and in the field of stimulating the investment environment, which contributed to a decrease in the inflation rate, growth in the non-oil GDP, and implementation of controls that contribute to combating money laundering." link
************
TNT: Among them is the population census.. Revealing the details of Al-Sudani’s visit to Kurdistan
Political analyst Ali Al-Baydar confirmed, today, Wednesday (November 13, 2024), that Prime Minister Mohammed Shia Al-Sudani's visit to Kurdistan includes 5 files.
Al-Baydar said in an interview with Baghdad Today that "Al-Sudani's visit to Kurdistan aims to mediate between the Kurdish parties, with the aim of forming the next Kurdistan government, in addition to the file of the general population census, and reassuring the Kurds about the concerns they have."
He added, "The other file is the Turkish efforts to revive peace with the Kurdistan Workers' Party, the Sinjar issue, and the implementation of the agreement with Iran regarding the presence of Iranian opposition parties within the borders of the region."
Al-Baydar pointed out that "the Kurds are a key player and an important partner in the political process, and everyone is trying to win their favor, and Al-Sudani deals as a statesman, and comprehensively with the issues of the homeland, with the region or even the files within Kurdistan."
Prime Minister Mohammed Shia al-Sudani arrived in the Kurdistan Region of Iraq today, Wednesday (November 13, 2024), on a visit that includes the cities of Erbil and Sulaymaniyah.
The visit comes within the framework of the federal government's efforts to enhance cooperation with the Kurdistan Regional Government, and find solutions to issues affecting the relationship between the region and the central government. link
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Member: . Helpful Hint on Cooking Ur Turkey This Year!!!
Mot: ...... Just Saying glad Im not a turkey
Seeds of Wisdom RV and Economic Updates Wednesday Evening 11-13-24
Good Evening Dinar Recaps,
RADIAN USES R3’S CORDA DLT TO SMOOTH REAL ESTATE TITLE TRANSFERS
US mortgage and real estate service firm Radian has integrated R3’s Corda enterprise blockchain with its Titlegenius offering. The workflow system for real estate title transfers uses DLT for document storage and data transfer. Rather than a black box, it provides transparency around the title transfer process and claims to cut closing costs by an average of 25%.
Radian has a market capitalization of more than $5 billion, although mortgage insurance is its primary revenue source rather than title services.
Good Evening Dinar Recaps,
RADIAN USES R3’S CORDA DLT TO SMOOTH REAL ESTATE TITLE TRANSFERS
US mortgage and real estate service firm Radian has integrated R3’s Corda enterprise blockchain with its Titlegenius offering. The workflow system for real estate title transfers uses DLT for document storage and data transfer. Rather than a black box, it provides transparency around the title transfer process and claims to cut closing costs by an average of 25%.
Radian has a market capitalization of more than $5 billion, although mortgage insurance is its primary revenue source rather than title services.
Title transfer services typically check the history of the property to ensure there are no surprises. They are not just verifying that the seller is the true title holder, but that there are no longer mortgage or other liens against the property. They frequently provide title insurance just in case they missed something.
Once that’s done, the final deed of transfer is drafted and the transaction proceeds to closing and settlement. The process can include various parties, such as the buyer, the real estate agents, mortgage providers and lawyers. By creating a transparent workflow using DLT, all parties can get an up-to-date record of the status of the transaction.
“The title transfer process is notoriously slow and complex, and we are excited to collaborate with R3 to make this process simpler and more efficient for our clients,” said Steven Stipetich, Radian’s Senior Vice President of Title. “There are many valuable use cases for DLT in the property space like bulk refinancing – already supported by the titlegenius platform.”
Coadjute also uses Corda for real estate sales
Corda is also used by UK property technology firm Coadjute, which does something similar to Titlegenius.
However, its software provides the glue to share data between different real estate software solutions used by the estate agents of the buyer and seller. Corda was incorporated into Coadjute’s software since its founding in 2018. The startup’s backers include UK banks such as Lloyds, Natwest and Nationwide.
@ Newshounds News™
Source: Ledger Insights
~~~~~~~~~
XRP DOCUMENTARY REVEALS RIPPLE-SEC INSIDE STORY: WHEN AND WHERE TO WATCH
▪️XRP documentary exposes Ripple's fight with the SEC; streaming starts November 21.
▪️Second screening tour planned, potential Florida showings to be announced soon.
▪️Ripple CEO absent, but documentary promises exclusive insights and expert commentary.
The wait is over!
Ripple’s highly anticipated documentary, Rigged from the Start: Exposing the SEC’s War on Crypto, is about to premiere, bringing fresh insights into the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC).
If you’re eager to understand the full story behind XRP’s legal fight, here’s when and where to catch this revealing film.
Screening Details to Know
The debut of the documentary took place in Scottsdale, Arizona, and was organized by Fruition Productions, a Los Angeles-based film and gaming studio.
The documentary was initially titled “XRP Unleashed,” but it was later changed to “Rigged from the Start” to make it more relatable to a broader audience who might not be familiar with XRP.
Meanwhile, the new title focuses on the SEC’s controversial actions against XRP and its impact on the crypto space.
Audience Demand Grows
Following its Scottsdale debut, Fruition Productions has taken the documentary to seven cities across the U.S., and demand has been so high that more screenings are planned for December.
For those unable to attend a live screening, don’t worry. The documentary will be available to stream on Fruition Productions’ official website starting November 21. There may also be additional screenings in Florida, with updates expected soon.
Meanwhile, the trailer is available to watch on YouTube.
What to Expect from the Documentary
The “Rigged from the Start” documentary offers an exclusive look at the Ripple-SEC conflict, featuring insights from key crypto figures, legal experts, and industry leaders.
Although Ripple CEO Brad Garlinghouse chose not to participate in the film, the documentary still promises to deliver exclusive content and offers a fresh perspective on the fight against the SEC’s regulatory actions.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
RIGGED FROM THE START, EXPOSING THE SEC'S WAR ON CRYPTO, Trailer | Youtube
@ Newshounds News™
~~~~~~~~~
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The Fed's Dangerous Path: Ron Paul Reveals the Truth Behind U.S. Monetary Collapse
The Fed's Dangerous Path: Ron Paul Reveals the Truth Behind U.S. Monetary Collapse
Kitco News: 11-13-2024
The Federal Reserve's unchecked power and fiat currency system are under fire as Ron Paul, former U.S. Congressman and Host of @RonPaulLibertyReport calls for major reforms.
Paul argues that the Fed’s authority is unconstitutional, contributing to spiraling national debt, rising inflation, and systemic economic instability.
He highlights how the Fed’s influence, under Jerome Powell, operates without true oversight, posing a direct threat to economic freedom in the United States.
The Fed's Dangerous Path: Ron Paul Reveals the Truth Behind U.S. Monetary Collapse
Kitco News: 11-13-2024
The Federal Reserve's unchecked power and fiat currency system are under fire as Ron Paul, former U.S. Congressman and Host of @RonPaulLibertyReport calls for major reforms.
Paul argues that the Fed’s authority is unconstitutional, contributing to spiraling national debt, rising inflation, and systemic economic instability.
He highlights how the Fed’s influence, under Jerome Powell, operates without true oversight, posing a direct threat to economic freedom in the United States. Paul also shares his thoughts on Elon Musk's Department of Government Efficiency (DOGE) initiative, supporting the idea of cutting government waste.
However, he stresses that real reform needs to go deeper—such as dismantling the Federal Reserve and adopting sound money like gold.
Warning of an inevitable financial crisis if reliance on fiat currency continues, Paul predicts that gold could double, triple, or even quadruple in value as more people seek refuge from the weakening dollar.
00:00 Coming Up
01:38 Introduction
02:24 Jerome Powell's Controversial Statement
03:16 The Federal Reserve's Unchecked Power
07:03 Trump's Influence on Fed Policy
07:28 The Role of the President in Monetary Policy
09:09 The Need for Auditing the Federal Reserve
10:25 Public Backlash Against the Federal Reserve
18:11 Elon Musk and Vivek Ramaswamy's Department of Government Efficiency (DOGE)
24:32 Dr. Ron Paul's Views on Gold
Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 11-13-24
Good Afternoon Dinar Recaps,
UK LIKELY TO ISSUE DIGITAL GILTS WITHIN THE NEXT TWO YEARS – REPORT
Yesterday, state-owned French development bank Caisse des Dépôts et Consignations (CDC) issued a €100m ($108m) digital bond settled using the Banque de France’s DL3S DLT platform using its pilot wholesale central bank digital currency (wCBDC).
The transaction formed part of the European Central Bank’s wholesale DLT settlement trials which are due to end this month.
The Banque de France avoids using the term wholesale CBDC, instead referring to it as a tokenized representation of central bank money.
Good Afternoon Dinar Recaps,
UK LIKELY TO ISSUE DIGITAL GILTS WITHIN THE NEXT TWO YEARS – REPORT
Yesterday, state-owned French development bank Caisse des Dépôts et Consignations (CDC) issued a €100m ($108m) digital bond settled using the Banque de France’s DL3S DLT platform using its pilot wholesale central bank digital currency (wCBDC).
The transaction formed part of the European Central Bank’s wholesale DLT settlement trials which are due to end this month.
The Banque de France avoids using the term wholesale CBDC, instead referring to it as a tokenized representation of central bank money.
For the CDC issuance, it required synchronizing the issuance of the digitally native note (DNN) on Euroclear’s D-FMI platform with the settlement on the central bank’s DL3S. The DNN was issued in bearer form under French law.
“Choosing (the) Banque de France’s full DLT interoperability solution for settling the cash leg of this issuance stresses the importance of tokenised Central Bank Money for the development of the tokenisation of finance,” said Emmanuelle Assouan, Director General Financial Stability and Operations at Banque de France.
“The operation, performed under CSDR, allowed (the) Banque de France to enrich its connectivity solutions by setting-up a new interoperability link between the 2 DLTs, on top of the HTLC and SWIFT protocols.”
HTLC refers to a Hashed Timelock Contract which is an escrow-like mechanism in which the money is locked on one DLT, and the asset on the other. If the money is not claimed during the timelock period, the locks can be released.
Euroclear and the central bank worked together on the interoperability solution.
BNP Paribas’ Securities Services was the issuing agent for the transaction, with Crédit Agricole CIB and Natixis CIB as dealers.
Paris Europlace, the French association that supports the Paris financial market, created a working group of banks and asset managers to help in coordination.
ECB trials and France’s DL3S
Meanwhile, the French pilot CBDC solution has been used for some other digital bond issuances. They include a €30 million sovereign bond issued by Slovenia and a small ABN AMRO commercial paper issuance. There were also several other DL3S experiments that involved simulations.
@ Newshounds News™
Source: Ledger Insights
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SEC APPROVES COINCHECK AS FIRST JAPANESE CRYPTO EXCHANGE ON NASDAQ
Coincheck is set to make history as the first Japanese crypto exchange to list on Nasdaq, following SEC approval.
Coincheck, a cryptocurrency exchange headquartered in Tokyo and a subsidiary of Monex Group, is expected to become the first to debut on the Nasdaq Global Market as early as Dec. 10.
On Nov. 13, the United States Securities and Exchange Commission approved the exchange’s application to list on the Nasdaq.
The move, set to occur through a merger with Thunder Bridge Capital Partners (TBCP), marks the first time a Japanese crypto exchange will be listed on a US stock exchange.
The merger with TBCP, a special acquisition purpose company (SPAC), will enable Coincheck to remain a consolidated subsidiary of Monex Group after the listing. It could also encourage other Japanese exchanges to pursue similar moves.
SEC application approval
The SEC’s approval follows the Japanese crypto exchange’s filing of a Form F-4 registration statement on Nov. 7, which became effective on Nov. 12.
With the SEC green light, TBCP can now proceed to hold a shareholder vote on Dec. 5 to approve and finalize the business combination, a necessary step for the listing to proceed.
If the shareholders vote in favor, the merger with TBCP will close, and Coincheck is set to be officially listed on the Nasdaq as soon as Dec. 10, trading under the ticket CNCK.
Nasdaq listing implications
The planned Nasdaq listing would be a significant development for Japan and the US. If the merger is finalized, it will deepen global market integration, potentially inspiring other Japanese crypto exchanges to pursue listings in international markets.
The listing could attract more international crypto firms to American markets for the US, reinforcing the country’s expected pro-crypto regulatory stance under President-elect Donald Trump’s incoming administration.
SEC influence over crypto
The SEC has shaped crypto in the US through its rigorous oversight of digital assets, exchanges and firms, including issuing multiple Wells notices.
Consensys CEO Joe Lubin, in an interview with Cointelegraph at Devcon 2024 in Thailand, criticized the SEC for restricting innovation in the crypto industry.
Consensys also issued an open letter to the next US president, calling for supportive regulations for crypto and Web3 — a sentiment Lubin echoed at Devcon 2024, where he expressed hope for a smooth transition in SEC leadership.
@ Newshounds News™
Source: CoinTelegraph
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@ Newshounds News™
Source: Seeds of Wisdom Team RV Currency Facts
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