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A Global Economic Reset, is it Already Happening?
A Global Economic Reset, is it Already Happening?
Wealthion: 1-31-2025
The global economic landscape is shifting, and according to economist Simon Hunt, we might be on the precipice of a once-in-a-century reset.
In a recent interview with Anthony Scaramucci on Wealthion, Hunt painted a stark picture of a world undergoing profound changes, driven by a rising BRICS alliance, escalating geopolitical tensions, and the potential for a significant market correction coupled with soaring inflation.
Are we, as Hunt suggests, on the cusp of an economic crisis mirroring the turmoil of the 1970s? Let’s break down the key talking points.
A Global Economic Reset, is it Already Happening?
Wealthion: 1-31-2025
The global economic landscape is shifting, and according to economist Simon Hunt, we might be on the precipice of a once-in-a-century reset.
In a recent interview with Anthony Scaramucci on Wealthion, Hunt painted a stark picture of a world undergoing profound changes, driven by a rising BRICS alliance, escalating geopolitical tensions, and the potential for a significant market correction coupled with soaring inflation.
Are we, as Hunt suggests, on the cusp of an economic crisis mirroring the turmoil of the 1970s? Let’s break down the key talking points.
One of the most significant developments Hunt highlights is the growing economic and political clout of the BRICS nations (Brazil, Russia, India, China, and South Africa, with expanding membership). He argues that these emerging markets are actively working to dismantle the existing U.S.-led financial order.
This isn’t merely a shift in influence; Hunt posits it could lead to a fundamental restructuring of global power dynamics, potentially ending decades of U.S. economic dominance. The allure of a multipolar world, offered by the BRICS bloc, is gaining traction, particularly amongst nations seeking alternatives to the traditional Western financial infrastructure.
Central to this power shift is the ongoing struggle between the U.S. and China. Trade wars, sanctions, and escalating tensions are not just isolated incidents; they are symptomatic of a deeper battle for economic and geopolitical supremacy.
This conflict, according to Hunt, is a key driver of global instability and contributes to the precarious economic environment we face today. The interconnectedness of these two economic giants means that any significant disruption in their relationship reverberates throughout the world.
Beyond the geopolitical arena, Hunt delivers a stern warning about the state of the stock market. He suggests that we could be staring down the barrel of a substantial correction, potentially ranging from 20-40%. This wouldn’t be a minor blip but a dramatic downturn that could significantly impact investors worldwide. He argues that current valuations are unsustainable, and a reckoning is inevitable given the underlying economic pressures.
Perhaps most concerning is Hunt’s prediction regarding inflation. He cautions that we could see inflation surge beyond 13%, mirroring the crisis of the 1970s.
This combination of high inflation and potential market instability creates a toxic cocktail, threatening to erode purchasing power and destabilize the global economy. Hunt connects this inflationary pressure to supply chain disruptions, geopolitical tensions, and the potential for a shift away from the dollar.
Further fueling the shift away from the existing order is the growing interest in gold, particularly from China. Hunt suggests that China’s ongoing accumulation of gold might indicate a desire to create a gold-backed currency, a move that would further challenge the dominance of the US dollar and significantly alter the global monetary system. Such a move would have profound implications for international trade and finance.
Despite the growing emphasis on renewable energy, Hunt emphasizes the enduring influence of oil as the world’s most critical commodity. He underscores that control over energy resources remains a key driver of geopolitical power and that fluctuations in oil prices continue to have a dramatic impact on the global economy. The ongoing energy battle, he argues, will be another catalyst for instability and further accentuate geopolitical tensions.
Ultimately, Hunt’s interview paints a picture of a global economy facing multiple, interconnected threats. Investors, he suggests, need to be vigilant and prepared for a period of heightened volatility. Key risks to watch include escalating geopolitical conflicts, further supply chain disruptions, increasing inflationary pressure, and, of course, the potential for a significant correction in the stock market.
Simon Hunt’s analysis on Wealthion provides a sobering perspective on the current state of the global economy. While not a prediction of inevitable doom, his warnings highlight the potential for a significant economic reset. The rise of BRICS, the U.S.-China power struggle, the threat of a market downturn, and the looming specter of resurgent inflation all point to a period of uncertainty and change.
Whether we are indeed witnessing a once-in-a-century event remains to be seen, but the issues raised by Hunt demand serious attention from investors, policymakers, and anyone concerned about the future of the global economy. The key is to be aware, informed, and prepared for the potential shifts ahead.
Seeds of Wisdom RV and Economic Updates Saturday Morning 2-1-25
Good Morning Dinar Recaps,
ARGENTINA WELCOMES COINBASE: A NEW ERA FOR CRYPTO IN LATIN AMERICA!
Coinbase receives regulatory approval to operate in Argentina, expanding its presence in Latin America.
Argentina's increasing crypto adoption and planned currency liberalization create a favorable environment for Coinbase's entry.
Good Morning Dinar Recaps,
ARGENTINA WELCOMES COINBASE: A NEW ERA FOR CRYPTO IN LATIN AMERICA!
Coinbase receives regulatory approval to operate in Argentina, expanding its presence in Latin America.
Argentina's increasing crypto adoption and planned currency liberalization create a favorable environment for Coinbase's entry.
Coinbase's expansion aligns with international crypto collaborations.
In a major move, Coinbase has just secured approval from Argentina’s National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP). This marks a significant milestone in the exchange’s ongoing expansion efforts across Latin America.
Following its 2023 launch in Brazil, coinbase entry into Argentina signals a bigger push to cater to the growing demand for crypto solutions in the region. The goal is to strengthen user protection while complying with local regulations.
Argentina’s Growing Crypto Adoption
Coinbase reports that nearly 5 million Argentinians use cryptocurrency daily, with 76% of adults viewing it as a solution to issues like inflation and high transaction fees. Matías Alberti, a former fintech executive from Buenbit and Clara, will lead Coinbase’s operations in Argentina, helping to guide the company’s growth in the country.
With this approval, Coinbase is now able to offer a full range of services, such as buying, selling, transferring, and storing cryptocurrencies. This expansion strengthens Coinbase’s presence in Latin America, particularly in one of the region’s largest economies, further expanding its global reach.
Markets Get Competitive
Coinbase’s move into Argentina comes as the local market becomes increasingly competitive. Binance also registered in the country in October, while Argentina is preparing for significant changes. By 2025, the country plans to allow free currency circulation, which would include cryptocurrencies like Bitcoin for everyday transactions.
Coinbase’s launch in Argentina coincides with growing international crypto collaboration. In December 2024, Argentina and El Salvador signed an agreement to boost the crypto industry, paving the way for Argentina to become a key player in the global digital asset market.
As more countries open their doors to crypto, digital assets continue to be the buzz of the market. We’ll keep you updated!
@ Newshounds News™
Source: Coinpedia
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EL SALVADOR PASSES NEW BITCOIN (BTC) LEGISLATION TIED TO NEW IMF $1,400,000,000 FUNDING DEAL: REPORT
The first country to use Bitcoin (BTC) as a legal tender has reportedly passed a new law that will scale back its crypto efforts.
Reuters reports that awmakers in El Salvador approved a bill to amend the nation’s Bitcoin law in compliance with a deal that the government struck with the International Monetary Fund (IMF).
In December, the government of El Salvador and a staff team from the IMF reached a deal for a $1.4 billion loan facility after agreeing that the Central American nation would allow businesses to decide whether they want to accept cryptocurrency payments.
El Salvador intends to use the fund to support economic reforms. The IMF says the arrangement under the Extended Fund Facility (EFF) will mitigate the country’s Bitcoin-related risks.
“The potential risks of the Bitcoin project will be diminished significantly in line with Fund policies. Legal reforms will make acceptance of Bitcoin by the private sector voluntary. For the public sector, engagement in Bitcoin-related economic activities and transactions in and purchases of Bitcoin will be confined.”
El Salvador’s congress, which is dominated by President Nayib Bukele’s New Ideas Party, approved the reform with 55 votes in favor and two against.
The agreement is still subject to the approval of the IMF Executive Board and conditioned on EL Salvador’s fulfillment of the terms.
@ Newshounds News™
Source: DailyHodl
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UTAH HOUSE COMMITTEE PASSES BILL FOR STATE TO BUY CRYPTO
The bill now needs to pass by majority vote in Utah’s House and Senate before being approved by state governor Spencer Cox, who appears to be pro-crypto.
A Utah House committee has passed a bill that would allow the state to invest a portion of public funds into crypto, with the measure now heading to the House for a vote.
@ Newshounds News™
Read more: CoinTelegraph
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SOUTH DAKOTA REPRESENTATIVE PROPOSES BITCOIN RESERVE BILLS
In what is a continuation of the ongoing trend in the United States, one South Dakota representative has proposed not one but two Bitcoin reserve bills. Indeed, state lawmaker Logan Manhart is seeking to make South Dakota one of many hoping to establish a strategic BTC reserve in their state.
The move has made South Dakota the 15th state to introduce a bill that would establish such a reserve, according to Dennis Porter. Moreover, one of the introduced laws would see the state allocate 10% of public funds to acquiring Bitcoin. Additionally, the state is looking to explore the leading cryptocurrency as a hedge against potential inflation.
@ Newshounds News™
Read more: Watcher Guru
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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
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“Tidbits From TNT” Saturday Morning 2-1-2024
TNT:
Tishwash: Today.. Baghdad International Fair kicks off with the participation of 20 countries and 1000 companies
The 48th session of the Baghdad International Fair opens today, Saturday, with the participation of 20 countries and more than 1,000 local and international companies.
Minister of Trade Athir Dawood Al-Ghariri announced the completion of all preparations for the launch of the 48th session of the Baghdad International Fair.
TNT:
Tishwash: Today.. Baghdad International Fair kicks off with the participation of 20 countries and 1000 companies
The 48th session of the Baghdad International Fair opens today, Saturday, with the participation of 20 countries and more than 1,000 local and international companies.
Minister of Trade Athir Dawood Al-Ghariri announced the completion of all preparations for the launch of the 48th session of the Baghdad International Fair.
Al-Ghariri stressed that "this edition will be distinguished by the diversity and size of the participation, as its activities will start today, Saturday, February 1, and will continue until the 7th, under the patronage of Prime Minister Mohammed Shia Al-Sudani and under the slogan "Investment - Development - Prosperity", with the participation of 20 Arab and international countries and more than 1,000 local and international companies.
He pointed out that "the Baghdad International Fair represents a point of attraction and attraction for foreign investors," adding that "this year will be different from previous versions in terms of the diversity of economic, cultural, and artistic events." link
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Tishwash: Hmmmm- running this article again.
As part of its war on counterfeiting, Iraq enhances the security of its currency with improved marks and printing new banknotes
Attentions in Iraq are directed towards the efforts made to protect the national currency and enhance its economic security. In this context, the Central Bank of Iraq's disclosure of a set of modern security marks that have been added to the circulating banknotes comes as a qualitative step that reflects the keenness to keep pace with global developments in the field of currency printing and security.
On January 19, the Central Bank of Iraq unveiled the security marks of the circulating banknotes, with the aim of educating the public, as well as companies and commercial banks that deal with these banknotes on a daily basis, reviewing these improved security marks, through a technical bulletin, in which it indicated the introduction of prominent marks on the new banknotes to enable the visually impaired to identify the banknote denominations by touch.
Mazhar Muhammad Salih, the economic advisor to the Prime Minister, confirmed in a statement followed by Al-Rasheed, that Iraq's decision to print a new currency is a natural decision that comes within the state's efforts to protect its national currency and enhance its security.
Salih explained that since the first issuance of the currency in 1934, Iraq has printed its currencies at the largest international printing companies, with the exception of the blockade period when the state was forced to resort to local printing.
He pointed out that Iraq still relies on the largest international companies specialized in printing currency, which are companies with a good reputation and high reliability and adhere to the highest international safety standards. He pointed out that this matter is of great importance to the economic security of Iraq and global security in general.
He added that Iraq reprinted its currency after 2003 with the largest international companies, including British and German companies. He explained that reprinting currency is a routine procedure that is carried out periodically to replace damaged papers and introduce new security improvements to the currency to protect citizens from counterfeiting and money laundering.
He stressed that these procedures come within the framework of the state's keenness to protect citizens' economic rights and ensure the stability of the Iraqi economy. He pointed out that the Central Bank of Iraq is the only body authorized to issue currency in accordance with the law, and there is strict security control over the printing and circulation process to prevent the entry of counterfeit currency into the country.
Saleh stressed that the cost of reprinting a single currency is very simple, not exceeding cents compared to its benefits, and that this procedure is an integral part of the policy of central banks around the world to maintain the stability of national currencies and protect national economies. link
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Tishwash: UN Secretary-General's Representative in Iraq: Our message is clear: "Iraq is everyone's country"
The Special Representative of the Secretary-General of the United Nations in Iraq, Mohammed Al-Hassan, confirmed today, Friday (January 31, 2025), that our message is clear and supports the stability and security of Iraq, which is the homeland of all.
Al-Hassan said in a press conference, which was followed by "Baghdad Today", during his visit to the Iraqi Jurisprudence Assembly in Al-A'dhamiyah, that "the pure soil of Iraq rejects sectarian, factional and exclusionary projects, and our message is clear, with the stability and security of Iraq, which is the country of everyone and a homeland that embraces everyone,"
Stressing that "the pure soil of Iraq rejects sectarian, factional and exclusionary projects," warning by saying, "The United Nations sees such sectarian projects," but he added, "We have confidence in the citizen and his ability to distinguish between the good and the bad."
He added, "The citizen is now yearning for more careful leaders whose concern is not to present political projects as much as to present projects that raise the citizen's standard of living, such as security, a free and dignified life, and developing the education, health, transportation and other facilities sectors."
He added, "The citizen is looking forward to seeing a tangible and real effort towards these aspirations."
He concluded by saying, “What we have seen during these years is honorable and heartwarming, but there is much that needs to be done.
Iraq is approaching an important constitutional entitlement, which is the elections, and we have confidence in the people’s ability to exercise their right peacefully and freely to choose the leaders they see as fulfilling their aspirations and hopes, far from sectarianism and exclusionary projects.
It is time for the citizen to enjoy the wealth of the homeland and the future of his land.” link
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Tishwash: Signing the contract for the establishment of the Kirkuk investment refinery
Kirkuk Governor, Rebwar Taha Mustafa, signed a special contract today, Thursday, to establish the Kirkuk Investment Refinery with a production capacity of 70 thousand barrels per day, with the aim of enhancing economic development in the city and contributing to providing new job opportunities for graduates, according to the governorate.
Taha said in a press interview that "signing the contract to establish the Kirkuk investment refinery with a production capacity of 70,000 barrels per day is a great achievement for the Kirkuk local government to support the economy of the province, expressing his thanks to the Prime Minister, Mohammed Shia al-Sudani, and the ministers who voted for this project and supported its implementation, stressing their keenness to serve the city of Kirkuk and Iraq in general."
He added that "the project will be established near the oil facility and the North Gas Company, and has obtained all approvals from the relevant sector departments," stressing "the Kirkuk administration's support for the investing company that will implement the project."
He continued that "Kirkuk Governorate will witness a radical transformation in the oil sector, as it will achieve self-sufficiency in petroleum derivatives, and the project will be implemented using high technologies and specifications, with full consideration of environmental determinants to ensure the safety of society and preserve the environment." link
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Mot: ... Fair Warning to Ya!!!!
Mot: .... HARD!!! -- Please!!!
More News, Rumors and Opinions Friday PM 1-31-2025
KTFA:
Clare: UN: It's time for all Iraqis to benefit from their country's wealth
1/31/2025 Baghdad -
The Special Representative of the Secretary-General of the United Nations in Iraq, Mohammed Al-Hassan, said on Friday that Iraq is approaching an important constitutional entitlement, which is the elections, expressing his confidence in the ability of the Iraqi people to exercise their constitutional right peacefully and responsibly, stressing that the time has come for all citizens of the country, regardless of their affiliations, to enjoy its benefits, far from sectarian and exclusionary projects.
KTFA:
Clare: UN: It's time for all Iraqis to benefit from their country's wealth
1/31/2025 Baghdad -
The Special Representative of the Secretary-General of the United Nations in Iraq, Mohammed Al-Hassan, said on Friday that Iraq is approaching an important constitutional entitlement, which is the elections, expressing his confidence in the ability of the Iraqi people to exercise their constitutional right peacefully and responsibly, stressing that the time has come for all citizens of the country, regardless of their affiliations, to enjoy its benefits, far from sectarian and exclusionary projects.
Al-Hassan during a press conference at the Iraqi Jurisprudence Council in Al-A'dhamiyah, followed by 964 Network :
Our message at the United Nations is a clear message: stability and security in Iraq.
Iraq is for everyone and it is a homeland that embraces everyone.
The soil of Iraq rejects sectarian, factional and exclusionary projects.
We at the United Nations believe that such sectarian and factional projects have no future in this country.
We have confidence in the awareness of the Iraqi citizen and his ability to distinguish between the good and the bad.
Today, the Iraqi citizen is yearning for more careful leaders, leaders whose concern is not to market political projects as much as it is to present projects that improve the living conditions of Iraqis in all governorates.
Projects that provide security and a decent life for all Iraqis.
The education, transportation, roads, health, electricity and other sectors need development.
The Iraqi citizen is looking forward to seeing tangible efforts in various sectors.
What we have seen in the past few years is something honorable and heartwarming.
Iraq is approaching an important constitutional entitlement, namely the elections, and we have confidence in the ability of the Iraqi people to distinguish and exercise their constitutional right peacefully and responsibly, by choosing the leaders in whom they see what fulfills their aspirations and hopes, far from sectarianism and far from exclusionary projects.
It is time for the people of this country, regardless of their affiliations, to all enjoy the blessings of this country.
The future of Iraq is a trust, sectarian projects and fear-mongering from the past and the future are over.
We wish this country all the best and prosperity and all that is good and beneficial for this country and the people of this ancient country. LINK
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Clare: Iraqi Bank Training on Cross-Border Payments, Financial Integrity
30th January 2025 By John Lee.
The Washington DC-based Institute for Financial Integrity (IFI) has announced the launch of the Financial Integrity and Cross-Border Payments Training Program for the National Bank of Iraq (NBI), developed in partnership with the Central Bank of Iraq (CBI) and K2 Integrity.
According to a press release from IFI, this groundbreaking initiative aims to enhance the integrity of the Iraqi financial system by ensuring cross-border payments originating from Iraq adhere to legal requirements, regulatory expectations, and global standards.
Designed for National Bank of Iraq employees, the training program is designed to:
Create a community of financial integrity experts at NBI to enhance the CBI's efforts in effectively addressing significant illicit finance threats to both the Iraqi and global financial systems.
Facilitate and demonstrate effective implementation of global Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) standards in line with Financial Action Task Force (FATF) recommendations and guidance.
Promote a culture of financial crime compliance and risk management throughout NBI.
Ayman Omran Abu Dhaim, CEO at National Bank of Iraq, remarked:
"Ensuring the integrity of financial transactions is crucial for fostering trust and stability in both domestic and international markets. This comprehensive training program will ensure that NBI is a leader in promoting a culture of compliance and protecting the Iraqi and global financial system from abuse by illicit actors.
The blended training program will be delivered both live as well as online through IFI's DOLFIN® platform. Key program features include:
In-depth, live training sessions led by experts from IFI and K2 Integrity
eLearning library featuring videos of experts covering core topics
Practical case studies focusing on real-world challenges and solutions
Resources and tools to support ongoing compliance efforts
Grant Kreft, Chief Executive Officer at Institute for Financial Integrity, said:
"At IFI we're proud to deliver this important training to the National Bank of Iraq... This program represents a significant step towards enhancing the regulatory framework surrounding cross-border payments in Iraq, ultimately benefiting the broader international financial community."
(Source: IFI) LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man This weekend is going to be a very interesting time frame for us. It's really a critical time for us...they even use the word 'crucial'...They definitely have a critical time as far as I'm concerned...
Mnt Goat The governor of the CBI knows the Dr Shabibi plan and it can not be stopped. It can be delayed but the reforms move ahead in spite of the U.S. foreign policy of the past. However, it also took a decent prime minister like Al-Sudani to move it ahead regardless. Remember the Nori Al-Maliki days. Yes, this was yet 8 more years of wasted time...All we need to do is take a good hard look at the last couple years of progress under Al-Sudani and we can clearly see a change. This took strong leadership and dedication to the White Paper reforms. This is where we are today. They are now at the point in spite of all the corruption they have made it to the finish line but now they need a push over it...
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Is This The Last Rate Cut? Economist Steve Hanke On Fed's Next Move
David Lin: 1-31-2025
Steve Hanke, Professor of Applied Economics at Johns Hopkins University, discusses the recent policy actions from the Federal Reserve and the Bank of Canada, and what's next for the U.S. and Canadian economies.
0:00 - Fed decision
2:28 - Fed’s economic assessment
9:35 - Quantity Theory Of Money
19:28 - Inflation and the labor market
24:48 - Money supply level
28:00 - Money velocity
30:00 - Country with highest inflation
32:00 - Fed’s response to market crash
37:00 - Bank of Canada
40:35 - Canada’s economy
44:43 - Consumer debt 47:00 - High-yield bonds
50:26 - Resignation of federal workers
Seeds of Wisdom RV and Economic Updates Friday Afternoon 1-31-25
Good Afternoon Dinar Recaps,
Just In The Seventh Asset Manager Seeking To Launch An XRP ETF, Amidst A Surge In ETF Applications.
In a recent development, asset manager Grayscale Investment has filed a 19b-4 form with the NYSE to launch an XRP ETF. The company aims to convert its XRP Trust into an exchange-traded fund (ETF), which will be listed and traded on the NYSE.
“Grayscale Investments has filed with the New York Stock Exchange (NYSE) to offer a spot XRP exchange-traded fund (ETF). This filing aims to convert Grayscale’s existing XRP Trust into an ETF, allowing shares to be listed and traded on the NYSE,” the filing read.
Good Afternoon Dinar Recaps,
Just In The Seventh Asset Manager Seeking To Launch An XRP ETF, Amidst A Surge In ETF Applications.
In a recent development, asset manager Grayscale Investment has filed a 19b-4 form with the NYSE to launch an XRP ETF. The company aims to convert its XRP Trust into an exchange-traded fund (ETF), which will be listed and traded on the NYSE.
“Grayscale Investments has filed with the New York Stock Exchange (NYSE) to offer a spot XRP exchange-traded fund (ETF). This filing aims to convert Grayscale’s existing XRP Trust into an ETF, allowing shares to be listed and traded on the NYSE,” the filing read.
This comes shortly after Grayscale filed for Litecoin and Solana ETFs. Additionally, the company recently introduced its Bitcoin Miners ETF, under the ticker MNRS, which provides exposure to publicly traded Bitcoin mining companies.
It’s a Growing Trend!
By filing for an XRP ETF, Grayscale joins asset managers like Bitwise and WisdomTree in the race to issue an exchange-traded fund.
This filing makes Grayscale the seventh asset manager to submit a proposal for an XRP ETF, as part of a wave of ETF applications since Donald Trump return to office and Gary Gensler’s exit from the SEC.
XRP Trust’s Strong Performance
Grayscale’s XRP Trust has been performing well this year. In January, the trust saw a 300% increase, according to Nasdaq, driven by speculation that an XRP ETF might launch within the next 12 months.
The momentum behind crypto ETFs is undeniable, and Grayscale has proved it once again.
@ Newshounds News™
Source: CoinPedia
~~~~~~~~~
PURPOSE INVESTMENTS FILES PRELIMINARY PROSPECTUS FOR THE WORLD'S FIRST RIPPLE XRP EFT
Purpose Investments Inc. ("Purpose"), the leader behind the world’s first Bitcoin ETF and Ether ETFs, is pleased to announce that it is further solidifying its preeminence in the digital asset space with the filing of a preliminary prospectus with Canadian securities regulators for the proposed launch of the Purpose Ripple ETF.
The Purpose Ripple ETF seeks to invest substantially all of its assets in long-term holdings of Ripple (“XRP”) and to provide holders of ETF Units with the opportunity for long-term capital appreciation.
"At Purpose, we remain steadfast in our commitment to innovation and to bridging the gap between traditional and decentralized finance," said Som Seif, founder and CEO of Purpose Investments.
"As XRP sees increasing adoption and institutional interest, we believe an ETF can offer investors a transparent and familiar way to access it within a regulated framework."
"This launch represents another important step in our efforts to be the leading and most trusted partner for investors in harnessing the benefits of crypto and digital assets by enabling them to understand, access, and confidently invest these assets," added Vlad Tasevski, Chief Innovation Officer. "We remain committed to providing exposure to transformative digital assets and blockchain technologies through regulated investment vehicles."
About Purpose Investments Inc.
Purpose Investments is an asset management company with more than $23 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products.
Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.
@ Newshounds News™
Source: Purpose Investment
~~~~~~~~~
BRICS: CHINA OIL OUTPUT HITS 400M TONS AMID RECORD GROWTH
For much of last year, the global south has sought to increase its standing in the oil sector. Indeed, that pursuit took another step forward this week, as the BRICS leading economy, China, has seen its oil output reach 400 million tons this year as its record growth continues.
The development continues what has been a tremendous month for the country’s economic standing. At the start of the year, the country announced that its trade surplus had reached a monumental $5 trillion.
Altogether, it positions the nation well as it enters a year in which geopolitical tension with the US and the West is nearing a boiling point.
BRICS Solidify Oil Presence as China Output Continues Upward Trajectory
There is no understating of just how important 2025 is proving to be for the BRICS economic alliance. The collective has been engaged in continued de-dollarization efforts that have now drawn the ire of new US President Donald Trump.
Now, his sights are set on limiting the impact of the global south’s efforts as experts note the US dollar’s days of dominance may be coming to an end.
Throughout the last month, the bloc has sought to continue establishing itself as a key alternative to the West. Now, those efforts may have taken a significant step forward. Indeed, BRICS nation China has seen its oil output hit 400 million tons as record growth continues, according to a recent report.
The country has also noted that its oil output has grown by more than 10 million tons for eight consecutive years. Moreover, last year, oil production surpassed 213 million tons. The tremendous growth is put into perspective when considering it jumped from just 24 million tons just six years ago.
That could be a key aspect of the bloc as it continues to grow. With Saudi Arabia considering its application to join the alliance, I could soon be a leader in the vital sector.
That could throw a significant wrench into the ongoing geopolitical tensions with the US. Specifically, it would see the pursuit of the global south grow in merit and potential allure to global powers.
@ Newshounds News™
Source: Watcher Guru
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Thank you Dinar Recaps
War, Debt & $15K Gold: The Surprising Forecast | Robert Kiyosaki
War, Debt & $15K Gold: The Surprising Forecast | Robert Kiyosaki
Kitco News: 1-30-2025
Is the S&P 500 on the edge of collapse while silver gears up for a major breakout? Robert Kiyosaki, author of 'Rich Dad, Poor Dad', joins Kitco News to break down the biggest risks facing markets, why “fake money” is fueling inflation, and how gold and silver could be the ultimate safe havens.
With soaring debt, global instability, and central banks losing control, are we about to witness the biggest financial reset in decades?
War, Debt & $15K Gold: The Surprising Forecast | Robert Kiyosaki
Kitco News: 1-30-2025
Is the S&P 500 on the edge of collapse while silver gears up for a major breakout? Robert Kiyosaki, author of 'Rich Dad, Poor Dad', joins Kitco News to break down the biggest risks facing markets, why “fake money” is fueling inflation, and how gold and silver could be the ultimate safe havens.
With soaring debt, global instability, and central banks losing control, are we about to witness the biggest financial reset in decades?
Kiyosaki shares his boldest predictions on the economy, stocks, and where to put your money before it’s too late.
Key Topics:
-Is the S&P 500 set to collapse?
-What’s driving market instability?
-Silver’s next move – Why Kiyosaki says it’s about to take off -Gold at $15K? How high could precious metals go in 2025?
-“Fake money crisis”
– Is fiat currency in trouble?
-Trump’s economic impact
– Will policy shifts trigger a new boom or bust?
-The best hedges for what’s coming next
00:00 Introduction
01:11 Market Sentiment and Gresham's Law
01:41 The Impact of Fake Money
02:50 Predictions for Gold, Silver, and Bitcoin
03:06 Political Commentary and Leadership
03:51 The Everything Bubble and Wealth Transfer
04:31 The Role of Hard Assets
06:02 Bitcoin and Silver Investment Insights
08:02 The Importance of Real Assets
12:01 Advice for Investors
21:32 Conclusion
The Silver Fuse to the Gold Explosion Feat Bill Holter - LFTV Ep 208
The Silver Fuse to the Gold Explosion Feat Bill Holter - LFTV Ep 208
Kinesis Money: 1-31-2025
In this week’s Live from the Vault, Andrew Maguire is joined by renowned precious metals commentator Bill Holter to discuss how foreign investors pulling back from US treasuries, with the Feds as the sole buyer, is fuelling an unsustainable debt spiral.
Amid escalating political and economic uncertainty, silver’s growing industrial demand, combined with long-standing price suppression, points to a potential revaluation, with any supply disruption prompting investors to shift towards tangible assets.
The Silver Fuse to the Gold Explosion Feat Bill Holter - LFTV Ep 208
Kinesis Money: 1-31-2025
In this week’s Live from the Vault, Andrew Maguire is joined by renowned precious metals commentator Bill Holter to discuss how foreign investors pulling back from US treasuries, with the Feds as the sole buyer, is fuelling an unsustainable debt spiral.
Amid escalating political and economic uncertainty, silver’s growing industrial demand, combined with long-standing price suppression, points to a potential revaluation, with any supply disruption prompting investors to shift towards tangible assets.
Timestamps:
00:00 Start
02:22 US hitting the debt ceiling just after Trump's inauguration
04:30 Scott Bessent, the US Treasury Secretary, vows there will be no default on his watch
05:15 In the event of a congressional standoff, investors tend to dump treasury bills
08:10 Do recessions occur when the yield curve uninverts?
09:50 The Fed faces a stark choice between controlling inflation and prioritising liquidity
11:30 The Post-Trump inauguration spot-sucking effect
14:00 Silver's potential as the catalyst for a financial system implosion
23:40 Investors holding bullion at unsuitable prices cause a supply deficit
25:45 The recent geopolitical uncertainty only shows how worthless paper contracts are
33:00 Gold under $3000 is a hard buy
35:15 The hidden risk behind Trump’s tariffs.
39:35 The Fed is the only central bank going long on gold
Seeds of Wisdom RV and Economic Updates Friday Morning 1-31-25
Good Morning Dinar Recaps,
XRP NEWS TODAY: RIPPLE’S RLUSD STABLECOIN GOES LIVE IN AMM POOLS
▪️The XRP Ledger has activated the AMMClawback amendment, allowing token issuers to recover tokens even after they've been sent.
▪️This update enables Ripple's RLUSD stablecoin to be used in Automated Market Maker (AMM) pools, increasing its liquidity and accessibility.
▪️The AMMClawback feature enhances regulatory compliance by allowing Ripple to recover tokens involved in illegal activities.
Good Morning Dinar Recaps,
XRP NEWS TODAY: RIPPLE’S RLUSD STABLECOIN GOES LIVE IN AMM POOLS
▪️The XRP Ledger has activated the AMMClawback amendment, allowing token issuers to recover tokens even after they've been sent.
▪️This update enables Ripple's RLUSD stablecoin to be used in Automated Market Maker (AMM) pools, increasing its liquidity and accessibility.
▪️The AMMClawback feature enhances regulatory compliance by allowing Ripple to recover tokens involved in illegal activities.
The XRP Ledger has just activated a game-changing update – the AMMClawback amendment. This new feature gives issuers the ability to recover tokens, even after they’ve been sent, offering a level of control never seen before.
But that’s not all. This amendmet also opens the door for Ripple’s stablecoin, RLUSD, to be used in Automated Market Maker (AMM) pools, unlocking a world of new opportunities.
What Issuers Should Know
With the AMMClawback amendment, issuers can now recover tokens that are sent to unintended or illegal recipients. This is particularly important if tokens are linked to illegal activities, as issuers can quickly take back the funds. This feature adds an extra layer of security and control to the XRP ecosystem.
Before this amendment, RLUSD could only be used within centralized exchanges. Now, with RLUSD enabled in AMM pools, Ripple’s stablecoin can be used more widely. This opens up new opportunities for its adoption and liquidity, especially in decentralized finance (DeFi) spaces.
Increasing Liquidity for RLUSD
Experts believe that the XRP/RLUSD pool will significantly increase the liquidity of Ripple’s stablecoin. By allowing RLUSD to be used in decentralized platforms, this update is expected to create more opportunities for growth, helping to strengthen its value and stability.
Ripple’s Focus on Regulatory Compliance
Former Ripple executive Emi Yoshikawa expressed excitement about the development, praising the XRPL community for its continued support. Jack McDonald, another Ripple executive, highlighted the company’s commitment to global financial regulations.
He stated that RLUSD is fully compliant with the highest regulatory standards, ensuring its continued success in the global market.
Experts agree that the new AMMClawback feature aligns with international financial regulations. This update ensures that if RLUSD is linked to fraud, Ripple can quickly take back the tokens, offering more protection for users and investors.
Ripple USD Market Overview
The market cap of Ripple USD stands at $72,339,549. The 24-hour trading volume of RLUSD remains at $58,098,278. The current circulation supply of RLUSD is 72,300,301.
The activation of the AMMClawback amendment marks an important milestone for Ripple and its RLUSD stablecoin. By improving liquidity and ensuring regulatory compliance, this update strengthens Ripple’s position in the financial world. With RLUSD now able to be used in AMM pools, Ripple is opening the door to more growth and providing added security for its users.
Ripple is paving the way for a new era of stability and liquidity in the world of stablecoins.
@ Newshounds News™
Source: Coinpedia
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LONDON BULLION MARKET LAUNCHES DLT-BASED GOLD BAR INTEGRITY DATABASE
The London Bullion Market Association (LBMA) has gone live with its Gold Bar Integrity (GBI) Database. It standardizes and centralizes data related to the responsible sourcing of the gold, and the country of origin of gold held in London vaults, but the ownership data remains with custodians.
The solution uses the Axedras Bullion Integrity Ledger, a system based on the R3 Corda enterprise blockchain.
The LBMA and World Gold Council first partnered with Swiss startup Axedras in March 2022 with the WGC investing a couple of months later. This was for the LBMA’s broader Gold Bar Integrity Ecosystem, where the database is a single aspect. However, the contract for the GBI database was only awarded last March.
“The GBI Database will initially focus on two crucial datasets: Refiner Data and London Vault Data,” said Ruth Crowell, LBMA CEO. “This means faster, more secure data collection and processing. Beyond this, the platform’s ability to automate risk identification and flag potential issues quickly will play a vital role in enhancing confidence across the market.”
Currently refiners provide responsible sourcing data via email. Now they will upload the data directly to the database, with many already onboarded. London custodians will be required to submit bar-level data for gold and silver bars.
The system works by creating digital twins, not only for gold bars but also for gold grains and semi finished products. This is used to create provenance for the gold supply chain.
Gold tokenization
However, these digital twins for the finished product can also support tokenization which could reduce settlement risks and enable vaulted gold to be easily used as tokenized collateral to meet margin requirements at clearing houses.
The World Gold Council participated in such a pilot last year. There have been several gold tokenization initiatives targeting consumers. But last year HSBC tokenized its vaulted gold.
Turning back to Axedras, a key feature of its permissioned blockchain, is it only enables confidential data to be available to those that have the right to see it. This contrasts with encryption solutions where someone might hold a copy of the data but not have the key to be able to view it. With Corda, an unauthorized person does not have the data at all.
@ Newshounds News™
Source: Ledger Insights
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THIS IS THE REASON WHY HBAR HOLDERS ARE ABOUT TO GET RICH IN 2025
@ Newshounds News™
Source: NCashOfficial - Daily Crypto & Finance News
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News, Rumors and Opinions Friday AM 1-31-2025
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. 31 Jan. 2025
Compiled Fri. 31 Jan. 2025 12:01 am EST by Judy Byington
Judy Disclaimer: Please be aware that I only report the news as I find it, try to credit articles with their original author and am not responsible for the content, which may or may not be true. I encourage you to do your own research.
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. 31 Jan. 2025
Compiled Fri. 31 Jan. 2025 12:01 am EST by Judy Byington
Judy Disclaimer: Please be aware that I only report the news as I find it, try to credit articles with their original author and am not responsible for the content, which may or may not be true. I encourage you to do your own research.
Thurs. 30 Jan. 2025 US Dept. of Treasury Bulletin: The US Department of Treasury has (allegedly) withdrawn from the Network of Central Banks and Supervisors for the Greening Financial System (NGFS). In other words, as of Thurs. 30 Jan. 2025 the Federal Reserve is (allegedly) no more. The new US Treasury is(allegedly) located on an Indian Reservation near Reno Nevada.
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Global Financial Crisis:
Thurs. 30 Jan. 2025: U.S. Department of the Treasury Withdraws from the Network of Central Banks and Supervisors for Greening the Financial System! https://content.govdelivery.com/accounts/USTREAS/bulletins/3cfba50?reqfrom=share/
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Thurs. 30 Jan. 2025: URGENT! Banks Are Desperate to Block Your Access to Redemption Centers—Gold-Backed Currencies Are Here, QFS Is Live, and the Fiat Dollar’s Collapse Is Imminent! …Charlie Ward & Friends on Telegram
The greatest wealth transfer in history is happening right now. The Redemption Centers are (allegedly) operational, the Quantum Financial System (QFS) is (allegedly) live, and the fiat currency empire is (allegedly) collapsing. The elites are terrified. They can’t stop this.
Redemption Centers Are Unstoppable: As of January 28, 2025, Redemption Centers are (allegedly) processing massive amounts of gold-backed currency daily. The banks are powerless. They know their system is finished, and they are scrambling to hold on.
Trump’s “Gold Directive” Has Triggered the Final Collapse: January 15, 2025—Trump (allegedly) signs the classified “Gold Directive.” The Cabal’s hidden vaults have (allegedly) been seized. Their gold, stolen for centuries, is now being (allegedly) returned to the people through the QFS.
Patriot Wealth Fund: The Final Blow to the Cabal: The Patriot Wealth Fund is real. Trillions in recovered assets, hidden technologies, and ancient treasures are now (allegedly) in the hands of The People. This isn’t a dream—this is happening now.
Quantum Financial System: The Ultimate Weapon Against Corruption. The QFS is (allegedly) un-hackable. It (allegedly) eliminates fraud, debt, and bank control. The Cabal’s offshore accounts? Wiped out. Their stock markets? (allegedly) Destroyed. They are out of time.
XRP & RLUSD: The Digital Revolution Has Arrived. The old system is dead. XRP and RLUSD are the new financial backbone. Backed by secured gold reserves, they (allegedly) bypass the banks completely. The elites’ control over digital wealth(allegedly) is over.
The End of Fiat and Social Security Control: The fiat dollar is (allegedly) DONE. Social Security numbers, used by the Cabal for decades, were being (allegedly) erased from financial control grids. The restoration of wealth was happening.
Redemption Centers: The Frontline of Freedom: These aren’t just financial hubs—they are fortresses against the elites. Every day, thousands (allegedly) reclaim their rightful wealth. The future belongs to YOU.
The Truth Cannot Be Stopped: The Csbsl knows it’s over. The QFS, the Redemption Centers, and the coming financial reset are unstoppable. Stand firm. Take action. Claim what is YOURS.
Read full post here: https://dinarchronicles.com/2025/01/31/restored-republic-via-a-gcr-update-as-of-january-31-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man This weekend is going to be a very interesting time frame for us. It's really a critical time for us...they even use the word 'crucial'...They definitely have a critical time as far as I'm concerned...
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy said that the news about the budget is saying...parliament voted on the incursion of the budget and they did say that the numbers they were given were in the billions not the trillions like usually. FRANK: If they were in the billions then we have a new exchange rate. Because 1310 creates numbers in the trillions. You know that, I know that and the CBI knows that...Slowly but surely it is a form of monetary reform education to you. You can call it an innuendo...A fuse is lit. When you light a fuse an explosion of purchasing power is coming.
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The Hidden Cost of Inflation: Soup, Cars, and the Dollar’s Decline | Mike Maloney
1-30-2025
Ever wonder how the price of a classic 1957 Thunderbird compares to a modern Mustang—and what it all has to do with a simple can of soup?
In this enlightening video, Mike Maloney reveals how everyday costs are a direct reflection of the dollar’s collapsing purchasing power.
By taking a nostalgic trip through classic car window stickers and modern price tags, you’ll discover why inflation numbers don’t always tell the full story.
And you’ll learn why a humble can of Campbell’s Soup might just be the most revealing measure of all.
Key Takeaways:
Why official inflation statistics can be misleading
How classic vs. modern car prices expose the true scale of currency devaluation
The surprising role a can of soup plays in measuring your dollar’s worth
Discover how you can protect yourself in a world of ever-rising prices—and why understanding real vs. perceived value matters now more than ever.
“Tidbits From TNT” Friday Morning 1-31-2025
TNT:
Tishwash: Iraq pledges to prepare comprehensive agenda for Arab summit in Baghdad
Iraq pledged, on Thursday, to prepare a comprehensive agenda for the Arab Summit scheduled to be held in the capital, Baghdad.
A statement by the Foreign Ministry received by / Today's News / stated that "Minister Fuad Hussein received today, Thursday, the Assistant Secretary-General of the League of Arab States, Ambassador Hossam Zaki, and his accompanying delegation, which included a number of members of the Preparatory Committee for the Arab Summit in its (34) regular session, scheduled to be held in Baghdad."
TNT:
Tishwash: Iraq pledges to prepare comprehensive agenda for Arab summit in Baghdad
Iraq pledged, on Thursday, to prepare a comprehensive agenda for the Arab Summit scheduled to be held in the capital, Baghdad.
A statement by the Foreign Ministry received by / Today's News / stated that "Minister Fuad Hussein received today, Thursday, the Assistant Secretary-General of the League of Arab States, Ambassador Hossam Zaki, and his accompanying delegation, which included a number of members of the Preparatory Committee for the Arab Summit in its (34) regular session, scheduled to be held in Baghdad."
Ambassador Hossam Zaki conveyed "the greetings of the Secretary-General of the League of Arab States to the Minister, who in turn welcomed the delegation," expressing "his thanks for this visit."
The Minister of Foreign Affairs stressed "Iraq's keenness to make the summit a success in a way that reflects the true image of Iraq as a country that enjoys security and stability."
The Minister reviewed "the efforts made by the Iraqi government to provide all logistical and technical requirements to host the Arab Summit," noting "the formation of specialized committees to supervise various organizational and technical aspects."
He stressed "the importance of enhancing continuous coordination with the League of Arab States to ensure achieving the highest levels of readiness."
Hussein explained that "Iraq is working on preparing a comprehensive agenda that addresses the most prominent Arab issues, including enhancing Arab economic cooperation and supporting efforts aimed at achieving security and stability in the region."
For his part, Ambassador Hossam Zaki praised "the ongoing Iraqi preparations to host the summit," stressing "the Arab League's support for Iraq in organizing this important event."
He expressed "his confidence that the summit will be an effective platform to enhance joint Arab action and confront regional challenges." link
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Tishwash: In the table.. The House of Representatives votes on the budget law next Sunday
The House of Representatives is preparing to vote on 3 new laws, including the first amendment to the draft federal budget law for the years {2023-2024-2025} No. 13 of 2023 next Sunday.
Reading verses from the Holy Quran
For Iraq for the fiscal years
First: Voting on the draft law amending the first amendment to the Federal General Budget Law (2023 - 2024 - 2025) No. (13) of 2023. Finance Committee)
2) Article).
For the Republic of Affairs
Second: Voting on the proposed law amending the first law of the foundations of equivalence of Arab and foreign certificates and degrees No. (20) of 2020. Higher Education and Scientific Research Committee.
Third: Voting on a decision to recommend to the Ministry of Education to reinstate the trial system.
Parliament
Fourth: Report and discussion of the second reading of the proposed private higher education law (Higher Education and Scientific Research Committee). link
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Tishwash: Finance Minister stresses Iraq's keenness to strengthen economic relations with Japan
Minister of Finance Taif Sami stressed Iraq's keenness to consolidate economic relations with Japan.
A statement by the Ministry of Finance stated: "Sami received, today, Thursday, at the ministry's headquarters, the new Japanese Ambassador to Iraq, Akira Endo, and during the meeting, ways to enhance joint cooperation between the two countries in the economic and financial fields were discussed."
According to the statement, the two sides discussed the importance of benefiting from Japanese expertise in supporting development and investment projects inside Iraq, in addition to strengthening financial and trade cooperation mechanisms between Baghdad and Tokyo.
The minister stressed Iraq's keenness to consolidate economic relations with Japan, praising the role played by Japanese companies in implementing development projects inside the country.
For his part, the Japanese ambassador expressed his country's readiness to continue supporting Iraq in various fields, pointing to the importance of the partnership between the two countries in achieving sustainable development. link
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Tishwash: Iraq and Egypt.. 12 multi-sectoral memoranda of understanding
The Iraqi-Egyptian Supreme Committee held its third session in Baghdad, where the meeting was headed by the delegations of the two countries, Iraqi Prime Minister Mohammed Shia al-Sudani, and his Egyptian counterpart, Mustafa Madbouly, who arrived in Baghdad today, Thursday.
The meeting witnessed a briefing by the Minister of Commerce, Athir Dawood Al-Ghariri, and the Egyptian Minister of Planning, Economic Development and International Cooperation, Ms. Rania Al-Mashat, on the overall aspects of cooperation between the two countries in various levels and fields.
At the conclusion of the meeting, the minutes of the meeting of the Iraqi-Egyptian High Committee were signed, and the bilateral memoranda of understanding listed below were signed:
1. Memorandum of Understanding for land transport of persons and goods between the Ministries of Transport in Iraq and Egypt.
2. Memorandum of Understanding in the field of promoting competition and combating monopolistic practices between the Competition Affairs and Anti-Monopoly Council in Iraq and the Competition Protection and Anti-Monopoly Authority in Egypt.
3. Proposed cooperation protocol between Iraq and Egypt in the field of local development.
4. Memorandum of Understanding between the Baghdad Municipality and Cairo Governorate.
5. Memorandum of Understanding in the field of antiquities and museums between the General Authority for Antiquities and Heritage at the Ministry of Culture and the Supreme Council of Antiquities of Egypt.
6. Memorandum of Understanding in the field of standardization and quality control between the Central Organization for Standardization and Quality Control in Iraq and the General Organization for Standardization and Quality in Egypt.
7. Memorandum of Understanding for cooperation in the field of regulating control and supervision of financial markets (financial control) between the Securities Commission in Iraq and the General Authority for Financial Supervision in Egypt.
8. Executive program between the Ministries of Culture in Iraq and Egypt (2025-2027).
9. Memorandum of Understanding between the Iraqi National Library and Archives and the Egyptian National Library.
10. Memorandum of Understanding for cooperation in the field of communications and information technology, between the Iraqi Communications and Media Commission and the Egyptian National Telecommunications Regulatory Authority.
11. Draft Memorandum of Understanding in the field of construction, operation and maintenance of silos between the Iraqi General Company for Grain Trade and the Egyptian Holding Company for Silos.
12. Memorandum of Understanding and Cooperation between the Federation of Iraqi Chambers of Commerce and the General Federation of Egyptian Chambers of Commerce. link
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Mot: 6 yr old already has it right ... Dang!!! LOL
Mot: ole ""Mot"" Says!! - Just let it all hang out
Seeds of Wisdom RV and Economic Updates Thursday Evening 1-30-25
Good Evening Dinar Recaps,
COINBASE FILES TO LIST SOLANA AND HEDERA FUTURES ON ITS DERIVATIVES TRADING PLATFORM
▪️Coinbase Derivatives has filed to list new futures contracts for Solana and Hedera tokens on or after Feb. 18.
▪️The move comes amid a flurry of regulatory filings to list new assets like crypto ETFs and derivatives.
Coinbase Derivatives, a subsidiary of the U.S.-based crypto exchange, has filed to list new futures contracts for Solana and Hedera, according to separate regulatory filings on Thursday. The exchange is looking to list these new contracts, which will be cash-settled on a monthly basis, on or after Feb. 2025.
Good Evening Dinar Recaps,
COINBASE FILES TO LIST SOLANA AND HEDERA FUTURES ON ITS DERIVATIVES TRADING PLATFORM
▪️Coinbase Derivatives has filed to list new futures contracts for Solana and Hedera tokens on or after Feb. 18.
▪️The move comes amid a flurry of regulatory filings to list new assets like crypto ETFs and derivatives.
Coinbase Derivatives, a subsidiary of the U.S.-based crypto exchange, has filed to list new futures contracts for Solana and Hedera, according to separate regulatory filings on Thursday. The exchange is looking to list these new contracts, which will be cash-settled on a monthly basis, on or after Feb. 2025.
Coinbase is the latest firm looking to capitalize on the improved market sentiment and the possibility of positive regulatory advancement under the Trump Administration.
CME, for instance, appears to be readying to launch SOL and XRP futures in the coming weeks, while asset managers such as VanEck and ProShares submitted a flurry of crypto ETF filings to trade Litecoin, XRP and Solana in the days leading up to Inauguration Day.
Launched in June 2021, Coinbase Derivatives is regulated by the Commodity Futures Trading Commission as a “designated contract market” to allow users to trade crypto derivatives like futures contracts on various digital assets, including BTC and ETH.
If approved, the new Solana futures will have a contract size of 100 SOL (around $24,000) contract notional, or the monetary value of a futures contract at a given price. Trading terminates at 4:00 PM London time on the last Friday of the contract month.
The exchange also filed to list a “nano” Solana contract with a size of five SOL. The Hedera contract would track 5,000 Hedera tokens.
Nodal Clear, LLC, a CFTC-registered derivatives clearing organization, will clear the contracts.
“The Exchange has spoken with FCMs and market participants who support the decision to launch a nano Solana Contract. The Exchange is not aware of any substantive opposing views to the Contract,” Coinbase wrote in all three regulatory filings.
@ Newshounds News™
Source: The Block
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TETHER DISAPPOINTED WITH ‘RUSHED ACTIONS’ ON MICA-DRIVEN USDT DELISTING IN EUROPE
MiCA-triggered crypto changes in Europe could create a “disorderly” market, according to USDT stablecoin operator Tether.
Stablecoin operator Tether addressed European cryptocurrency regulations amid exchanges like Crypto.com preparing to delist its USDt stablecoin in Europe tomorrow.
Tether expressed disappointment over market developments in Europe amid changes triggered by the enforcement of the European Union’s Markets in Crypto-Assets (MiCA) framework.
Crypto.com, a global crypto exchange, confirmed on Jan. 29 it will start delisting Tether’s USDt stablecoin and nine other tokens on Jan. 31 to comply with MiCA regulations.
“It is disappointing to see the rushed actions brought on by statements which do little to clarify the basis for such moves,” a spokesperson for Tether told Cointelegraph.
EU consumers under risk of “disorderly” crypto market
MiCA-triggered changes pose significant risks for EU consumers and the local crypto market, with exchanges like Crypto.com preparing to delist multiple tokens, according to Tether.
“These changes affect many tokens in the EU market, not only USDt, and we fear that such actions will lead to further risk being placed on consumers in the EU,” Tether’s representative said.
According to Tether, such regulatory developments in the EU could create a “disorderly” market at a time when MiCA is still in the early stages of implementation.
As previously mentioned, Crypto.com’s MiCA-forced delisting process is set to affect a total of 10 tokens, including Wrapped Bitcoin (WBTC) stablecoin and more.
Coinbase — an exchange that delisted USDT in December 2024 — said at the time it would delist six tokens to comply with MiCA. The exchange delisted WBTC on the entire Coinbase platform for other reasons on Dec. 19, 2024.
“We regularly review the assets we make available to customers on our platform to ensure we are meeting regulatory requirements, and will assess re-enabling services for stablecoins that achieve MiCA compliance on a later date,” a Coinbase representative told Cointelegraph on Jan. 30.
The spokesperson also mentioned that Coinbase has so far delisted a total of eight tokens to comply with MiCA.
Tether finalizes European strategy for USDt
Apart from broader consumer risks potentially arising from MiCA-triggered ecosystem changes, Tether reiterated that MiCA poses negative implications for stablecoins licensed in the EU.
“As we have consistently expressed, some aspects of MiCA make the operation of EU-licensed stablecoins more complex and potentially introduce new risks,” Tether said.
Tether’s representative also again highlighted differences in stablecoin use cases between Europe and emerging markets, where USDT is extremely popular. “The USD stablecoin market is almost negligible in Europe,” the spokesperson noted.
At the same time, Tether still commends EU regulators for their efforts in establishing a structured framework, as it plays a key role in fostering growth within the sector, the spokesperson noted, adding:
“As Tether finalizes its European strategy for USDt, it remains committed to ensuring compliance with evolving regulations while introducing groundbreaking technologies such as Hadron and investments in transformative projects such as Quantor, designed to be MiCA compliant.”
Tether’s comments come shortly after the European Securities and Markets Authority pushed European crypto asset service providers (CASP) to start restricting non-MiCA-compliant stablecoins by the end of January.
While still allowing the listing of those tokens in sell mode until March 31, the regulator has asked CASPs to completely restrict non-compliant stablecoins by the end of the first quarter of 2025.
@ Newshounds News™
Source: CoinTelegraph
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CZECH NATIONAL BANK GOVERNOR TO PROPOSE $7B BITCOIN RESERVE PLAN
The Czech National Bank may invest up to 5% of its reserves in Bitcoin, potentially acquiring $7.3 billion in BTC as part of its diversification strategy.
The Czech National Bank (CNB) may become the first European central bank to invest in Bitcoin as part of its diversification strategy for the country’s foreign exchange reserves.
CNB Governor Aleš Michl is set to present his Bitcoin acquisition plan to the bank’s board meeting on Jan. 30, he told the Financial Times.
If approved, the investment may amount to over $7.3 billion in Bitcoin purchases, given the CNB’s total reserves of more than $146 billion, according to André Dragosch, head of research at Bitwise
@ Newshounds News™
Read more: CoinTelegraph
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Even the US Government is Worried There Won’t Be Enough Electricity
Even the US Government is Worried There Won’t Be Enough Electricity
Notes From the Field January 27, 2025 By James Hickman ( Simon Black
It was known as the “Timber Famine” in 18th-century Great Britain. And it was no exaggeration to say that it was a national crisis: Britain was running out of wood.
The first major reason was population growth; wood was the major material and fuel source of the era, used for cooking, heating, and construction. And Britain’s booming population growth created insatiable demand for timber.
Even the US Government is Worried There Won’t Be Enough Electricity
Notes From the Field January 27, 2025 By James Hickman (Simon Black)
It was known as the “Timber Famine” in 18th-century Great Britain. And it was no exaggeration to say that it was a national crisis: Britain was running out of wood.
The first major reason was population growth; wood was the major material and fuel source of the era, used for cooking, heating, and construction. And Britain’s booming population growth created insatiable demand for timber.
The second reason was technological advancement. New machines like steam engines needed a reliable fuel source to generate heat... causing demand for wood to skyrocket.
Soon timber demand outstripped supply. Loggers cleared out entire forests, and timber prices shot up dramatically. British writer Malachy Postlethwayt lamented in 1747, “So great is the scarcity of wood. . . that where cord wood had been sold at six and seven shillings per cord, it is now sold for upwards of fifteen and twenty shillings; and in some places is all consumed.”
But Britain’s timber famine wasn’t just an economic problem—it was a matter of national security.
The domestic iron industry needed wood to fuel its fires. And with the timber shortage came a major risk of having to rely on foreign imports. Moreover, the timber famine also jeopardized the ability for the Royal Navy and merchant fleets to build new ships and repair existing ones.
The solution was clear: Britain needed to switch to a well-known alternative fuel source: coal.
But it didn’t happen without serious resistance.
Those profiting from the timber trade formed a powerful lobby, and the politicians in their pocket made ridiculous, specious arguments against coal.
Coal critics even went as far as arguing that the smell of wood smoke was preferable to coal smoke, and cleverly labeled coal “the devil’s excrement.”
Another criticism was that coal production was too dangerous (compared to logging). But technology fixed that too. Inventions like water pumps and safety lamps dramatically improved conditions in coal mines.
In the end, coal overcame the criticism and became the primary fuel of the Industrial Revolution; and the world became vastly more prosperous as a result of the combination of cheaper, more efficient energy, combined with groundbreaking productive technology (like the steam engine).
The world faces a similar choice today.
Like Britain throughout the 1700s, significant population growth has increased demand for electricity around the world, including in the US. And while there’s no “timber famine” today, there are major challenges in the production of electricity.
Much of this is self-inflicted. Years of climate fanaticism have pushed power companies to shut down coal-fired plants and replace them with inefficient wind and solar facilities.
Look, I like a clean environment as much as anyone. But the reality is that wind and solar simply aren’t as clean as the mainstream narrative would have you believe.
The mining of key input materials like germanium, cobalt, etc. is incredibly filthy. Batteries are filthy. The manufacturing process is filthy. And that doesn’t even get into child labor issues.
Plus, with wind and solar, you have to build in all sorts of extra redundancy for times when the wind doesn’t blow. Or, you know, night time, when the sun doesn’t shine. And all that extra redundancy increases the environmental waste even more.
Despite the costs and limitations, however, the share of wind and solar powering America’s grid is higher than ever before. This is a major reason why the electrical grid is struggling to keep up with surging demand.
Aside from population growth, another key driver of demand is new technology. Similar to Britain in the late 1700s, it’s well known now that our modern technology (AI) consumes massive quantities of electricity.
The net result of this supply and demand imbalance is a major concern for looming electricity shortages.
Elon Musk predicted last March that “the world will face supply crunches in electricity” this year. He’s far from alone.
One of the ventures that I’ve invested in (along with many of our Total Access members) is a technology company that focuses on specialized microchips. And the head of sales told me he was in the Washington DC area last week meeting with various government officials who are prospective customers.
One of the major concerns they expressed to him was that there simply wasn’t going to be enough electricity to meet their needs (hence their interest in our technology, which is designed to consume less power).
They recognize that there isn’t enough electrical production capacity coming on line to match demand. They also understand that demand for electricity can (and likely will) grow much faster than supply.
And it was extraordinary that even government officials were complaining about the intense, bureaucratic regulation at the local, state, and federal level to bring new power plants online. God forbid you have to displace a bird’s nest, which might set you back several years.
In Britain’s timber famine, they solved their supply shortage by turning to a better technology: coal.
Today there is also a vastly superior technology, and that’s nuclear.
We’ve written about this before— the idea that a single rock can power a small city is nothing short of astonishing. But like coal in Britain’s industrial age, nuclear power today has plenty of detractors.
But the latest emerging technology— small scale reactors— dispenses with virtually all criticism. It’s safer, cleaner, and cuts down on 90% of the waste. It’s also cheaper and faster to build, requiring 80% less energy to construct than traditional reactors.
And it has the potential to drive widespread prosperity throughout the world— something cheap energy has always been able to do.
A lot of countries have already woken up to this idea, which is why places like China, India, and even Russia have been rapidly building their own nuclear reactors.
Europe has naturally been shutting theirs down, but those governments are clearly insane. And if you have a problem with their self-destructive decisions then you’re a far-right fascist. Those people are in serious need of psychiatric care.
The US is now waking up from its green fantasy. And as America often does, it’s starting this race from behind... but will probably catch up quickly.
All of this makes uranium, i.e. the fuel source for most nuclear reactors, one of the most critical resources in the world.
Yet the supply chain for uranium is fragile, and the market is painfully underdeveloped. Decades of disinterest in nuclear have kept uranium exploration and production at a standstill, even as global demand is poised to soar.
The US government is acutely aware of this risk. In 2020, Congress established the US Uranium Reserve, allocating $75 million to buy domestically-produced uranium.
But $75 million is nothing. Even with this program, domestic production is expected to fall far short of what’s needed to fuel the next generation of reactors.
Meanwhile, the uranium market is taking notice. Prices have more than doubled since 2021, but they remain well below the levels needed to incentivize new production.
The few publicly traded uranium miners and developers have seen their stocks surge. Yet most investors remain unaware of just how critical this resource will become.
Uranium is also a quintessential real asset— a critical resource that is vital to economic prosperity and new technology.
Yet, again, uranium is in a deficit. Demand already outpaces supply, and that imbalance is only set to worsen.
That likely means skyrocketing uranium prices. And massive profits for the few producers left— many still trading at quite modest valuations.
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
More News, Rumors and Opinions Thursday PM 1-30-2025
Ariel: Only One Way out, Rate Change or Sink
Jan. 30, 2025
Things are lining up nicely. Donald Trump is putting pressure on them in many ways and it’s choking their economy. He has basically gotten rid of the double-speak and narrowed everything down to one tunnel entrance.
No getting over or under this time. Only one way out. Rate change. Or sink.
Ariel: Only One Way out, Rate Change or Sink
Jan. 30, 2025
Things are lining up nicely. Donald Trump is putting pressure on them in many ways and it’s choking their economy. He has basically gotten rid of the double-speak and narrowed everything down to one tunnel entrance.
No getting over or under this time. Only one way out. Rate change. Or sink.
Game Time
And guess what was published today? The RLUSD audit. Do you know what is next? Regulation.
And what is supposed to happen on January 31st? Isn’t something supposed to be delisted? Oh’ that’s right Tether. Which of course will devalue Bitcoin. Which I do not think will be in any reserve.
Things are moving rapidly people. This tells me how close we are now that a vote on the amendment to the Iraqi 2025 budget has been agreed upon.
Watcher Guru: JUST IN: Federal Reserve Chair Jerome Powell says "banks are perfectly able to serve crypto customers."
https://x.com/i/status/1884699251860553789
Money, money, money.
Majeed: Senior US treasury official travel to Iraq today to counter illicit finance And the budget will be passed Sunday
Today's meeting ended with a unanimous vote in favour of the proposed text for the amendment to the budget law This came from the Head of the Kurdistan Democratic Party bloc in the Iraqi Council of Representatives:
You want an apparatus of where we are simplified? Because this list is a prime indicator towards definitive outcomes that are scheduled to take place for an historical time ahead. I told you all this will be an action packed week.
And we will not be disappointed. Because you will have a lot of people upset and dancing at the same time. Nor all news is good news for everyone.
Those who cling to the old will have a hard time adjusting. You see a glimpse of this from the cabinet hearings taking place. And it will be the same for those in the crypto world. So tighten up folks. The New Republic is about to take off.
Serving The Divine: SAB 21 passed Powell - banks can hold crypto Tether delisting 31st Jan Iraq to pass budget law on Sunday RLUSD audited and passed and open Bank of England gold delivery time to 4-8weeks Sunshine act meeting tomorrow Charts on XRP coiled and set What I miss?
https://dinarchronicles.com/2025/01/30/ariel-prolotario1-only-one-way-out-rate-change-or-sink/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Walkingstick Question: "What do you think about the new Treasury Secretary going to Iraq?" Isn't it wonderful that his first mission was to go to Iraq...I think they're celebrating 1 to 1... This is a re-denomination. They're going to drop the three zeros from the exchange rate and they're going to drop them from their physical currency and they'll come out with a re-denomination of currency without zeros that will match a 1 to 1 rate.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: The United States Treasury Secretary just arrived in Iraq and it’s a meeting with Sudani and the CBI on the news…Television is showing Alaq talking about an imminent launch of initiatives to give economic stability… FRANK: Many American officials are going to Iraq. To see the new Secretary of Treasury join the CBI and Alaq and Sudani in his meeting is very big news…This is big. We have been waiting for this Secretary of Treasury to show up. I am excited to see what the results are after the meeting…
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TNT:
Tishwash: Foreign Minister: We are holding talks with America regarding the presence of its forces in Iraq and we are considering visiting Damascus
Foreign Minister Fuad Hussein announced that Iraq needs international support to confront the threats of ISIS.
Hussein said in a press statement: "The presence of about 10-12 thousand ISIS elements in SDF prisons poses a threat to Iraq."
He pointed out that "discussions are underway with the United States regarding its presence in Iraq and the development of bilateral relations."
He added, "There is no official visit by the Iraqi Foreign Minister to Syria at the moment, but it is under consideration."
He pointed out that "Iraqi-Turkish talks focus on the situation in Syria and the threats of ISIS." link
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The Collapse of the Dollar: A Simple Breakdown of a Complex Crisis
VRIC Media: 1-30-2025
Bullion Banks Scramble To Borrow Central Bank Gold After Big Shipments To US
Arcadia Economics: 1-30-2025
Bullion Banks Scramble To Borrow Central Bank Gold After Big Shipments To US
It hasn't been a good week if you're counting on the stability (or lack thereof) of the gold market.
As the latest news is that the bullion banks are now scrambling to borrow gold from central banks after large outflows from London to New York.
So it's getting exciting in the precious metals markets, and to find out the latest about what's going on, click to watch this video now!