Plan to Abolish the Fed and Income Tax, is $100K Gold Next?

Plan to Abolish the Fed and Income Tax, is $100K Gold Next?

Taylor Kenny:  2-4-2025

Imagine a world where you don’t have to file taxes every year. No more deductions, no more credits, just a paycheck you keep entirely. It sounds like a utopian dream, and it’s one seemingly floated by President Donald Trump.

While details remain scarce, the mere suggestion of eliminating income tax has sparked a whirlwind of speculation – most notably, the potential for gold prices to skyrocket to unprecedented levels, possibly even exceeding $100,000 per ounce.

But is this a realistic possibility, or just wishful thinking? And what would it take to replace such a significant revenue stream for the government?

Trump’s vision, as hinted at, involves potentially replacing income tax with tariffs on imported goods. This radical shift would fundamentally alter the way the US economy operates. Proponents argue it would simplify the tax system, incentivize domestic production, and potentially boost certain sectors.

So, where does gold fit into this equation? The answer lies in uncertainty. Dramatic shifts in economic policy, especially those involving potential inflation and trade disruption, often drive investors towards safe-haven assets like gold.

While the possibility of a massive gold surge is undoubtedly intriguing, a price of $100,000 per ounce remains a highly speculative scenario. Several factors would need to align perfectly for such an extreme outcome. Other potential implications beyond gold would also need to be considered in the event of a trade war.

However, the discussions surrounding Trump’s economic proposals highlight the potential for significant changes in the global financial landscape. The combination of unprecedented fiscal policies, potential trade disruptions, and questions surrounding the role of the Federal Reserve creates a climate of uncertainty that undoubtedly favors safe-haven assets, putting gold squarely in the spotlight.

Whether it will reach $100,000 or not remains to be seen, but one thing is clear: the potential shift underway in the financial system is already making waves, and the possibility of a major shakeup is something investors can’t afford to ignore.

CHAPTERS:

 00:00 - Trump’s Radical Income Tax Proposal

 01:11 - The Pre-1913 Financial System Explained

 02:23 - Why the Federal Reserve & Income Tax Go Hand in Hand

 04:18 - Could Gold Be Revalued? A Look at 1934 & Today

 06:07 - The BIS & IMF’s Role in a Global Currency Reset

07:15 - How a Gold Revaluation Could Change Everything

 08:21 - What This Means for Your Financial Future

https://www.youtube.com/watch?v=5oznbJKJ26o

News, Rumors and Opinions Wednesday 2-5-2025

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 Wed. 5 Feb. 2025

Compiled Wed. 5 Feb. 2025 12:01 am EST by Judy Byington

Judy Note: Stock Market to crash and Banks shut down. Bitcoin? Gone. China’s digital control? Destroyed. Only gold-backed currencies would remain as the power grid collapsed – the power to be immediately replaced by Tesla Free Energy coming from the heart of the Earth.

~~~~~~~~~~

Global Currency Reset

Wed. 5 Feb. 2025 according to Bruce Tier4 a, b (Us, the Internet Group) will be notified by email of how to set redemption appointments, with those appointments beginning Wed. or Thurs. 6 Feb. 2025.

Sun. 9 Feb. QFS set to become fully operational with intense military operations.

Sun. 2 Feb. 2025: PROJECT ODIN: Starlink, Disclosing the Quantum Revolution, NESARA GESARA, and the Biblical Fall of Global Control with Rods of God – amg-news.com – American Media Group

~~~~~~~~~~~~

Tues. 4 Feb. 2025 Bruce 667-770-1866, pin123456#:

Several Redemption Center Leaders said Iraq brought out a new rate last Sun. 2 Feb.

Bond Holders will be (allegedly) getting notified by email tomorrow Wed. 5 Feb. at five different times. They get access to their funds on Wed. 5 Feb.

Tier 4 a, b (us, the Internet Group) is supposed to get notification through email around ten am tomorrow Wed 5 Feb. and start appointments tomorrow afternoon or will on Thurs. 6 Feb.

You can (allegedly) get up to $2,000 cash in gold/asset-backed US Notes twice a day at the Bank ATMs.

The new rates are supposed to be up tomorrow Wed. 5 Feb.

The Redemption Centers are supposed to be fully staffed by 10 am on Wed. 5 Feb.

Redemption appointments could start tomorrow Wed. 5 Feb. or will begin on Thurs. 6 Feb.

~~~~~~~~~~~~

Global Financial Crisis:

Tues. 4 Feb. 2025: “In addition to eliminating all personal and corporate income taxes, the death tax, gift taxes, and the payroll tax, the Fair Tax would also eliminate the need for the Internal Revenue Service.” https://www.newsweek.com/republican-plan-abolish-federal-income-taxes-irs-reform-2023362

Read full post here:  https://dinarchronicles.com/2025/02/05/restored-republic-via-a-gcr-update-as-of-february-5-2025/

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

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

Mnt Goat   Article:   “IRAQ ISSUES NEW BANKNOTES WITH INNOVATIVE SECURITY FEATURES FOR THE VISUALLY IMPAIRED.. PHOTOS”.  I have to once again reinforce...that the issuance of the visually impaired three zero notes is not an issue.  As an investor, this is  not something you should worry about...it is actually a good thing for our investment not a negative impact.

Militia Man    If they're going to be paying salaries, if they're going to be allowing oil to move, change is coming.  We can all feel they're going to have to adjust their exchange rate...If they were going to expose 1310 they would have done it a long time ago.  They would have never waited this long.  They wouldn't have hid it and they would have made the budget tables public...Are they waiting for a special time?  It sure looks like it.  A digital transformation is upon them and they're going to have an interconnection with a digital platform to move their currency...I think Iraq is probably not going to be the only one that's going to be involved in this.

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

Iraqi Parliament Votes on Budget Amendments

Edu Matrix:  2-4-2025

Iraqi Parliament Votes on Budget Amendments - The Iraqi Parliament has made a significant decision by voting on crucial amendments to the federal budget law, impacting the nation’s economy and oil exports from the Kurdistan Region. In a session marked by tension and protests, lawmakers faced heated debates around critical issues, including the General Amnesty Law and financial disputes with the KRG.

Despite a boycott by some members, the amendments were passed, highlighting the urgent need for economic stability in Iraq.

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

In Our FACES! SOMETHING IS BEING SET UP, (BE ON GUARD). VERY IMPORTANT UPDATES.

Greg Mannarino:  2-5-2025

https://www.youtube.com/watch?v=E0yWoAuuMp8

This Will Likely Be A Really Big Deal For Gold

This Will Likely Be A Really Big Deal For Gold

Notes From the field by James Hickman (Simon Black)  February 4, 2025

Well that was fast.

The smoke had barely cleared on the opening salvo of the Great North American trade war, when all sides called a truce to talk out their differences.

Just as we wrote yesterday, this is exactly what I was hoping would happen. In fact, in a Zoom call that Peter and I had Friday with our Total Access members, we predicted this outcome: that the trade wars were just an elaborate show to demonstrate to the world that America is willing to make good on its threats, and force everybody to the negotiation table.

There may be some short term benefit that comes from this. But as we said yesterday, there will likely be some long term consequences and here’s why:

According to Federal Reserve data, there will be roughly $28 trillion worth of US government bonds maturing over the next four years, i.e. now through the end of 2028.

That’s more than 75% of the government’s $36+ trillion national debt.

This is an absolutely staggering figure, averaging $7 trillion per year for the next four years.

And remember, we’re just talking about the existing debt that is set to mature. It doesn’t even include new debt that has to be issued over the next four years, which could easily be another $7-10 trillion.

This is an enormous problem for the Treasury Department, because they clearly don’t have $28 trillion to repay those bondholders.

Now, usually whenever a government bond matures, the investor might simply roll the proceeds into a new government bond. In other words, the old bond matures, and the investor puts the entire principal and interest into a new bond at whatever the higher interest rate is today.

This alone is going to cost the government a lot of money, because most of the bonds that are maturing over the next four years were originally issued 5, 10, or even 20 years ago, when interest rates were much, much lower.

So let’s do the math: if the government issued $28 trillion in the past at an average interest rate of 3%, but now they’ll have to refinance all that debt at a new rate of 5%, then effectively they’ll be paying an extra 2% per year.

That’s almost $600 billion in additional interest EACH YEAR on top of the $1.1 trillion interest bill that they’re currently paying. But even that might be wishful thinking.

And the reason why is, if you look at America’s public debt, the investors who buy those bonds are split pretty evenly between US entities (the Federal Reserve, American companies, US individual investors) and foreign investors (foreign government, central banks, multinationals).

This is critical to understand: the Treasury Department relies very heavily on foreigners to buy US government bonds and help fund the national debt.

At the moment, most countries around the world have to buy US government bonds simply because the US dollar is still the world’s dominant reserve currency. So they are essentially forced to hold US dollar assets, and Treasury securities are still the most liquid US dollar assets in the world.

Yet for the past several years there has been a significant movement underway by a number of countries to engage in trade and commerce without using the dollar. And this movement is growing.

I mentioned in my letter to you yesterday that the brand new Secretary of State Marco Rubio acknowledged this over the weekend, suggesting that the dollar’s dominance could be seriously diminished within five years.

Facing the constant threat of sanctions and tariffs will only motivate Brazil, Russia, China, India, and even many countries in Europe, to accelerate their diversification away from the dollar, and away from the United States.

The natural beneficiary of that trend will be gold.

We’ve written about this extensively. Gold rocketed to an all time high last year because central banks, and foreign governments, were reducing their dollar holdings.

And think about it. If you’re a foreign central bank and you have $100 billion of US government bonds that are about to mature, what are you going to do?

Are you going to reinvest that entire $100 billion back into a country that might already be threatening you with economic penalties?

Or do you quietly let the treasuries mature, take the money, and find someplace else to invest that $100 billion?

A lot of foreign governments and central banks are going to be giving serious consideration to option two.

But they are going to have to invest that money in an asset that, like US dollars, is widely accepted, and has universal value and marketability around the world.

Gold is one of those assets. And that’s why central banks have been buying so much of it for the past couple of years.

I think there’s an obvious case to be made, given the prospects of tariffs and further trade wars, or even just the threats thereof, they are going to keep buying gold and send the price even higher.

So if you’re interested in hedging against future risks to the US dollar, gold makes a lot of sense.

But on a final note, I’ll point out as I have in the past, that foreign governments and central banks buy gold. They do not buy shares in gold companies.

And right now there is a bizarre financial paradox in that gold is at an all time high, but thriving, profitable businesses which produce gold are trading at absurd discounts.

And we’ll talk about some examples over the next few days.

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

https://www.schiffsovereign.com/trends/this-will-likely-be-a-really-big-deal-for-gold-152041/

Seeds of Wisdom RV and Economic Updates Wednesday Morning 2-5-25

Good Morning Dinar Recaps,

REPUBLICAN LAWMAKERS LAUNCH BICAMERAL WORKING GROUP TO BRING CLARITY TO CRYPTO

Republican lawmakers announce a bicameral working group to fast-track crypto regulations, focusing on stablecoins and digital asset market rules in a major push for long-awaited industry clarity.

Republican lawmakers are stepping up their efforts to bring clear rules to the crypto industry, forming a bicameral* working group to push legislation on stablecoins and digital asset market structures.

The move, announced on Feb. 4 at a Capitol Hill press conference, marks a coordinated effort between key House and Senate leaders to create a structured framework for crypto regulation, an issue that has remained in legal limbo for years.

The working group includes members from four major committees—the House Financial Services Committee, the House Agriculture Committee, the Senate Banking Committee, and the Senate Agriculture Committee—showing that lawmakers see crypto regulation as an issue that spans multiple sectors of financial oversight.

Representative French Hill of Arkansas, along with Senators Tim Scott and John Boozman and Representative Glenn Thompson, will play leading roles in shaping these policies, drawing from existing legislative efforts while introducing new proposals.

Lawmakers plan to build on the Financial

Innovation and Technology for the 21st Century Act (FIT21), which passed a House committee in 2024, while also using a new stablecoin bill introduced by Senator Bill Hagerty on Feb. 4 as a starting point for further discussions.

Senate Banking Chair Tim Scott has made it clear that speed is a priority, saying he wants to push the crypto bills through the Senate within the first 100 days of the congressional session.

Conversations with Democratic colleagues are already underway, raising the possibility that some elements of these bills could gain bipartisan support.

At the press conference, David Sacks, Trump’s crypto and artificial intelligence czar, spoke about the broader vision for digital assets, calling this a key moment to create a “golden age” for crypto in the U.S.

His role extends beyond Congress, as he is also overseeing a separate initiative within the White House to assess the possibility of a government-held Bitcoin reserve.

Trump’s executive order on Jan. 23 laid the foundation for that discussion, along with directives to prevent the creation of a central bank digital currency.

For years, the lack of clear rules has driven many crypto firms to set up operations overseas, where regulations have been more clearly defined. If successful, this working group could finally give the crypto industry the clarity it has long been waiting for.

*Bicameral legislature is a lawmaking body that's divided into two separate chambers. The two chambers work together to pass laws. A bicameral legislature in the United States Congress: The House of Representatives and the Senate are the two chambers of the U.S. Congress.

@ Newshounds News™

Source:  Crypto News

~~~~~~~~~

ROBINHOOD HALTS SUPER BOWL BETS A DAY AFTER LAUNCH ON CFTC REQUEST

Robinhood Markets has suspended Super Bowl betting after receiving a request from the Commodities and Futures Trading Commission to nix its customers’ access to the event contracts.

The halt comes just a day after Robinhood launched the product in partnership with prediction market Kalishi, allowing wagers on the outcome of the Philadelphia Eagles versus Kansas City Chiefs Feb. 9 game in the National Football League’s championship Super Bowl.

In a Feb. 4 announcement, Robinhood said it would suspend the rollout of the Pro Football Championship market as it continues to work with the CFTC to understand its concerns.

The firm said it had rolled out the product to around 1% of its customers, some of who had already placed trades.

“We are disappointed by this outcome, especially given that we had been in regular communication with the CFTC about our intent and plans to offer this product,” Robinhood said.

It comes just a day after reports that the CFTC was probing Crypto.com and Kalshi over their offerings of Super Bowl event contracts and whether they comply with derivatives regulations.

Event contracts differ from traditional betting in that the odds come from a pool of users betting on the likely winner rather than a bookmaker creating the odds.

Crypto.com told Cointelegraph it would continue to offer the wagers despite the probe.

Robinhood made its first foray into event contracts in October, offering trades based on the outcome of the US presidential election.

The announcement followed a court win by prediction platform Kalshi against the CFTC, allowing the platform to offer US-based users contracts for betting on election outcomes.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

“Tidbits From TNT” Wednesday Morning 2-5-2025

TNT:

Tishwash:  Finance announces the launch of national bonds (first issue) for public subscription

The Ministry of Finance, represented by the Public Debt Department, announced the launch of national bonds (first issue) for public subscription, with a total value of (2) trillion Iraqi dinars, for the period from February 10 to March 10, 2025, as part of its plan to enhance local investment and provide savings tools for citizens and investors.

The ministry's statement stated that the bonds are distributed into two categories: ️The first bond is worth 500,000 dinars with an annual interest of 6%, and is due after two years, with interest paid every six months.

The second bond is worth 1,000,000 dinars with an annual interest of 7.5%, and is due after four years, with interest paid every six months. It explained

The bonds are characterized by their tradability on the Iraq Stock Exchange, which provides a distinct investment opportunity for citizens and companies looking for stable financial instruments.

She explained that the bond offering comes based on Article 77 first of the Federal General Budget Law No. (13) for the years 2023, 2024, and 2025, with the aim of supporting the national economy and enhancing confidence in the Iraqi financial system.  link

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

Tishwash:  Governor of the Central Bank of Iraq receives the French Ambassador accompanied by a delegation from the French business sector

The Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received the French Ambassador to Iraq, Mr. Patrick Dorrell, and a French delegation, which included a number of French banks and companies in various sectors, in the presence of officials from the Central Bank of Iraq and the Director General of TBI Bank. 

His Excellency the Governor reviewed the investment opportunities in all sectors, especially after the security stability witnessed by Iraq.

He explained the priorities, plans and initiatives that the Central Bank is working on to achieve general stability in prices by controlling the inflation rate, and supporting economic growth through its financing initiatives to achieve economic diversification.

He pointed to the role of the Central Bank in expanding financial inclusion, moving to electronic payment, digitizing the economy, integrating into the global economy and its financial system, and the great success in moving foreign transfer operations to the latest international practices and standards.

His Excellency explained the laws that facilitate the movement of investors' funds into and out of Iraq, stressing the endeavor to overcome the difficulties facing investment companies wishing to work in Iraq, within the area of ​​specialization. 

For his part, His Excellency the French Ambassador stressed that French companies have an important and great opportunity to invest in Iraq and deal directly with the private sector, especially with the existence of laws that support investors and commercial projects.

The French delegation also participated in the dialogue and raised the most important questions that contribute to understanding investment opportunities, while His Excellency took the initiative to answer the delegation’s inquiries as well as the officials present at this meeting. 

Central Bank of Iraq 
February 4, 2024
Media Office  link

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

Tishwash: Joint statement by the Sudanese Office and the Central Bank on the modernization of the banking sector

Joint statement from the Office of the Prime Minister and the Central Bank of Iraq,

 Banking reforms constitute an important pillar of the economic reform adopted in the government program. In order to complete the important steps that the government has started in this framework since it began its work, and in order to achieve a package of development targets that require banking development, the government, in cooperation with the Central Bank of Iraq, has embarked on a comprehensive initiative that includes a comprehensive strategic banking reform process that constitutes a turning point in the history of economic development in Iraq, and is consistent with the extent of commitment to raising the level of banking standards, enhancing financial flexibility, and supporting the competitiveness of the financial system.

These comprehensive reforms aim to keep pace with developments in the countries of the region and the world, and contribute to opening partnerships and prospects for communication with the outside world on a broad scale in modern banking and financial transactions, as the Central Bank works to implement and develop regulatory and supervisory frameworks with international partners, which contributes to achieving sustainable growth and development of the banking sector, just as the government works to support the reforms and efforts of the Central Bank of Iraq in developing the state of the banking sector.

These reform efforts focused on the following main areas:

1- Strengthening ownership structures and governance frameworks, by enhancing transparency and accountability, through measures including the creation of diverse ownership structures, and ensuring independent oversight by boards of directors over operations and committees.

2- Raising the level and standards of service, by increasing access to basic financial services for all members of the Iraqi people, through enhancing efficiency, increasing the supply of products, and modernizing the infrastructure of the banking sector.

3- Harmonization and conformity with international standards, by imposing adherence to recognized frameworks and practices in the areas of combating money laundering and combating the financing of terrorism, as well as commitment to financial transparency in order to ensure smooth banking services and support businesses and citizens’ needs.

4- Enhancing financial flexibility, by enhancing the financial safety of Iraqi banks and setting strong requirements regarding capital and cash liquidity, to protect customer deposits and protect the economy in the face of local and international challenges.

This initiative comes within the framework of a broader strategy aimed at modernizing the banking sector, which the Central Bank of Iraq is currently developing in partnership with Oliver Wyman, a leading global management consulting firm. The ongoing reforms being implemented with government banks enhance the integration of this strategy, representing a turning point in the future of the Iraqi financial system.

The implementation details of these reforms will be presented later.

From this standpoint, the government and the Central Bank affirm the adoption of a common reform vision, which is to establish a modern, transparent and comprehensive banking system that supports the aspirations of the dynamic economy of the Iraqi state.  link

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

Mot: . poor ole ""Earl"" -- the abuse!! – LOL  

Seeds of Wisdom RV and Economic Updates Tuesday Evening 2-4-25

Good Evening Dinar Recaps,

BREAKING: DAVID SACKS’ VISION FOR DIGITAL ASSETS, EVERYTHING HE PROMISED IN HIS CRYPTO CONFERENCE

David Sacks, the newly appointed Crypto Czar, recently addressed the nation in a press conference, laying out the U.S. government’s strategy to become a global leader in the digital asset space.

Clear Regulatory Framework for Digital Assets

The primary goal, as outlined by Sacks, is to develop a clear federal regulatory framework for the operation of digital assets, including stablecoins, within the U.S. This comes after years of uncertainty, with many crypto founders expressing frustration over unclear regulations from the Securities and Exchange Commission (SEC). Sacks said that clarity on the rules is the number one request he’s heard from industry leaders.

The Impact of Unclear Regulations

For years, crypto companies have faced arbitrary prosecutions, with some founders even being personally targeted, simply for engaging in the crypto space. According to Sacks, this lack of clarity led to many companies relocating their operations overseas. The new strategy aims to keep digital innovation on U.S. soil, ensuring that the country doesn’t miss out on the next wave of technology.

Promoting Innovation and Consumer Protection

Sacks said that having a regulatory framework in place will not only foster innovation but also improve consumer protection. By bringing these operations back onshore, it will be easier for regulators to monitor activities and separate good actors from bad ones.

Stablecoins and U.S. Dollar Dominance

Another key point Sacks discussed was the potential of stablecoins to bolster the global dominance of the U.S. dollar. He believes that digital assets could increase the usage of the dollar internationally, making it a key reserve currency and driving demand for U.S. Treasury bonds.

This could ultimately lead to lower long-term interest rates.. “This is a priority for the administration, and we’re committed to ensuring that America leads the way in digital assets,” Sacks concluded.
@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

WAR AGAINST CRYPTO NOT DEAD AS DIGITAL ASSET DEVELOPERS STILL BEING PROSECUTED: LAWYER JOHN DEATON

Digital asset lawyer and advocate John Deaton says the “war against crypto” isn’t dead despite the recent shift in US presidential administrations.

Deaton says on the social media platform X that there are still important cases going on even though Gary Gensler isn’t running the U.S. Securities and Exchange Commission (SEC) anymore.

The lawyer notes there is still an active case against Roman Storm, one of the founders of Tornado Cash, an Ethereum (ETH)-based coin mixing system that helps users conceal their digital asset transactions.

Storm was arrested in 2023 and slapped with charges related to allegedly laundering $1 billion in criminal proceeds, including hundreds of millions of dollars for the Lazarus Group, the sanctioned North Korean cybercriminal outfit. Storm’s trial is scheduled for April.

Deaton also points to the case against Keonne Rodriguez and William Lonergan Hill, the co-founders of the crypto mixer Samourai Wallet. Authorities arrested them last April for allegedly operating an unlicensed money-transmitting business that executed more than $2 billion in unlawful transactions.

The U.S. Department of Justice (DOJ) also alleges Samourai laundered more than $100 million worth of criminal proceeds.

Deaton notes both cases involve Section 1960 of Title 18 of the United States Code, which prohibits the operation of unlicensed money-transmitting businesses.

“Section 1960 requires money-transmitting businesses to register with FinCEN (Financial Crimes Enforcement Network).

In 2019, FinCEN published guidance around Section 1960 that caused almost everyone to believe that control over user funds is required in order to be considered engaging in a money-transmitting business.
Since, at least 2019, if not earlier, the crypto industry has believed that someone who develops software and that software operates without the developer touching the money that’s flowing through the software, the developer is NOT a money transmitter. Therefore, that developer would never need to get a license from the federal government and thus, never be required to submit reports to regulators.

But that is NOT the law, according to federal prosecutors at the DOJ. The DOJ’s interpretation in prosecuting Tornado Cash developer Roman Storm and the two developers of the Samourai Wallet is that the developers could be considered money transmitters under Section 1960 even if they never took or assumed control of any of the software’s users’ funds.”

Deaton says the cases are an “existential threat” to the decentralized finance (DeFi) sector.

“If Roman Storm is found guilty and loses a single day of his freedom, imagine the chilling effect it would have on the DeFi industry. DeFi scares both regulators and incumbent legacy players, there will be resistance to dismissing these cases. The fight continues.”

@ Newshounds News™

Source:  DailyHodl

~~~~~~~~~

TRUMP SAYS U.S. WILL TAKE OVER GAZA STRIP

WASHINGTON, Feb 4 (Reuters) - President Donald Trump said on Tuesday that the United States will take over and own the Gaza Strip, adding that "the same people" should not be in charge of rebuilding and occupying the land.

@ Newshounds News™

Source:  Reuters

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

More News, Rumors and Opinions Tuesday PM 2-4-2025

Ariel : The Green Light, Flip the Switch

2-4-2025

A Digital Asset Conference: The Green Light (Flip The Switch)

I am hearing that there is a big press meeting tomorrow by Chairman John Boozman House Financial Services Committee Chairman French Hill and House Agriculture Committee Chairman G.T. Thompson who will hosting.

Tuesday, February 4 at 2:30PM ET, to discuss how the Trump Administration and Congress will work together to secure America as a leader in the digital asset ecosystem. I think this will be the official kick off point. Because we now know Iraq is ready.

• Budget (Passed)
• Kurdistan Oil Agreement (Settled)
• Salaries Payments (Covered For The Year)

Which means the exchange rate has been inked. And once this digital conference takes place we should know where we stand in this investment. Because Paper/Digital are 1-1 parity. Everything will be tokenized.

Meaning USD will have a digital version RLUSD. Which will be equal in value. This is why it’s important to watch the development of the digital assets like XRP. Because Iraq will use this for international transactions.

You do not have to own digital currency in order to exchange your paper Iraqi Dinar. Once XRP becomes a part of the Strategic Reserve the value will go up in my opinion.

Majeed:  Since Japan will use crypto as of today (it’s already Wednesday there) for Cross for the payment Sounds like tomorrow Trump will flip the switch for crypto …. Marking the beginning of the new financial system. IQD will follow suit

Chad Steingrabber:  From Yoshitaka Kitao directly “XRP begins in Japan today”

I told you all that everything will be tokenized. I also showed you all last year that the Iraqi Dinar was paired to XRP. Now you know why we had to wait this long.

Everything will be on Blockchain. Which is what DOGE will use to record all payments in the US Treasury. So I do not know why Dems are crying about USAID being shutdown. It’s not like they would be able to use it anymore without the American people knowing what they are doing.

Tune in for some potential announcements tomorrow. We should be hearing major news on Digital Asset ecosystem. Donald Trump has a lot planned for the World Fair I presume and it will need some funding. So much innovation coming our way.

Source(s):
https://x.com/Prolotario1/status/1886460787553603882
https://x.com/Prolotario1/status/1886609683353354606

https://dinarchronicles.com/2025/02/04/ariel-prolotario1-the-green-light-flip-the-switch/

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

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

Frank26   It was Dr. Shabibi that said to our BlueStar, that's his user name, his name is John, when he met Dr. Shabibi at the United Nations...John asked Dr. Shabibi what do you need in order to bring back the value of your currency.  After a long pause...he says, well John, my country needs security and stability to be able to bring back the value of our currency.  The United Nations just declared it.  The whole world knows it.  Everybody you can think of, from IMF, World Bank, BIS, everybody is proclaiming the security and stability that is in Iraq.  If you think that's by coincidence, you're wrong.

Militia Man  Article quote: "Al-Sudani and Barzani welcome the passage of the budget law amendment while considering the vote on the law a very responsible step"   Will they expose the results of this outcome...?  I believe they will.  They have yet to expose the...'23,'24,'25 budget tables...Even though we haven't seen it yet, is probably just not public information.

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

LIVE! FED INTERVENES! 10 YEAR YIELD DROPS AND STOCKS RISE. ECONOMY CRATERS FASTER AGAIN.

Greg Mannarino:  2-4-2025

https://www.youtube.com/watch?v=P6QtNnUHhus

Is No Income Tax Actually Going to Happen?

Heresy Financial:  2-4-2025

TIMECODES

00:00 Trump’s Income Tax Plan

 01:17 Funding vs. Spending

01:38 Life Before 1913

02:25 Half Your Pay Gone

 03:08 Where Does the Money Come From?

04:03 Slashing Taxes & Spending

05:17 Could Wealth Boom or Bust?

07:29 Borrowing & Inflation

 10:00 Taxes vs. Inflation

 11:28 Protecting Wealth & Final Thoughts

https://www.youtube.com/watch?v=BSK4NZ3PATk

Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 2-4-25

Good Afternoon Dinar Recaps,

JUST IN: SENATOR HAGERTY INTRODUCES GENIUS ACT TO REGULATE STABLECOINS

In a latest development, FOX Business journalist Eleanor Terrett revealed in an X post that Senator Bill Hagerty is set to introduce legislation to establish a regulatory framework for stablecoins, representing the latest effort to promote crypto-friendly policies for an industry prioritized by Donald Trump. This signals clear regulations and a massive boost for stablecoin adoption in the U.S.

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

Regulatory Framework For Stablecoins

The bill aims to create a clear regulatory framework for stablecoins, which are cryptocurrencies pegged to the US dollar or other stable assets. Supporters believe federal regulation will legitimize the asset class leading to broader adoption.

The bill is called the GENIUS (Guiding and Establishing National Innovation in U.S. Stablecoins) Act and aims to provide clear regulations for stablecoins. 

The GENIUS Act sets rules for issuing stablecoin payments and requires backing with US currency, Treasury bills, Federal Reserve notes and other assets. Stablecoins are key in connecting crypto to traditional finance, according to the bill’s draft seen by Bloomberg.

She also shared the bill’s key points, based on Hagerty’s October draft. The bill sets clear rules for stablecoins, digital assets pegged to the U.S. dollar, ensuring stability in value. 

Stablecoin issuers must meet specific licensing and reserve requirements to ensure they have sufficient backing. Issuers with over $10 billion in stablecoin assets will follow Federal Reserve rules, while smaller issuers will follow state regulations. 

The bill aims to promote financial inclusion, make transactions more efficient, and strengthen the U.S. dollar globally.

Unleashing Innovation!

“My legislation establishes a safe and pro-growth regulatory framework that will unleash innovation and advance the President’s mission to make America the world capital of crypto,” Hagerty, a Tennessee Republican, noted in a statement.

Senators Kirsten Gillibrand, a New York Democrat, Tim Scott of South Carolina and Cynthia Lummis of Wyoming, both Republicans, are co-sponsoring the bill. The legislation also requires stablecoin issuers to provide audited monthly reports on the reserves backing their stablecoins. Falsifying reports would lead to criminal penalties.

Senate staffers expect the bill to move through committees quickly, and it will be discussed further in an upcoming press conference with David Sacks.

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

Trump’s Order Backs Dollar-Backed Stablecoins

Nonbank stablecoin issuers would be regulated by the Office of the Comptroller of the Currency, part of the Treasury Department. Last month, Trump signed an executive order encouraging the development of lawful, dollar-backed stablecoins globally.

The order also blocked further progress on a central bank digital currency, seen as a competitor to stablecoins.

While it set up a group to recommend a digital asset regulatory framework, the actual policy change would have to be approved by Congress. Both Democrats and Republicans are interested in regulating stablecoins.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

CONGRESS INVESTIGATES BANKING RESTRICTIONS ON CRYPTOCURRENCY COMPANIES

▪️Congress is examining restrictions on cryptocurrency banking access.

▪️Operation Choke Point 2.0 targets banking services for crypto firms.

▪️Investigation results may prompt new regulations for the industry.

On February 6, the U.S. Congress’s Financial Services Committee will scrutinize the Biden administration’s banking access restrictions imposed on cryptocurrency companies. This examination will focus on the political and financial implications of the initiative dubbed “Operation Choke Point 2.0.” Leaders and experts from the cryptocurrency sector will provide testimony during the hearing.

What is Operation Choke Point 2.0?

Operation Choke Point 2.0 is characterized by the obstruction of banking services for cryptocurrency firms. Unlike its predecessor from 15 years ago, this initiative targets political dissenters and technology startups. Some experts argue that these restrictions hinder the industry’s growth.

In the past four years, over 30 cryptocurrency companies have lost access to banking services. Marc Andreessen remarked, “This situation contradicts the principles of a free market.” Financial institutions cite risks associated with the cryptocurrency market as justification for these restrictions, while industry representatives claim the motivations are politically driven.

Objectives of the Investigation

The subcommittee will analyze the economic impact of the cessation of banking services on the cryptocurrency market. It will also investigate whether political pressure has influenced the decisions of financial institutions. Congress members are expected to request documentation from federal agencies and industry representatives during the session.

The U.S. House Oversight Committee is conducting a parallel investigation into the legal basis for financial access restrictions. Cryptocurrency companies highlight that current regulations disrupt innovative projects. The findings of the investigation are anticipated to lead to new regulations for the sector.

@ Newshounds News™

Source:  Cointurk News

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

Jaime Carrasco: Gold at the Heart of the New President's Agenda?

Jaime Carrasco: Gold at the Heart of the New President's Agenda?

Palisades Gold Radio:  2-3-2025

In this episode on Palisades Gold Radio, Tom Bodrovics welcomes back Jaime Carrasco. Jaime is Senior Portfolio Manager & Senior Investment Advisor at Harbourfront Wealth Management.

They discuss the global economic landscape and the significance of gold in today's context.

Carrasco expresses his belief that Trump's election and proposed policies could lead to a reset of debt and potential devaluation of US dollars held in treasuries around the world

. He emphasizes the importance of understanding history, as previous periods saw significant increases in dividends from gold mining companies during times of monetary instability.

Carrasco encourages investors to consider gold as a hedge against inflation, purchasing power loss, and political instability. He also recommends silver mining companies due to their current undervaluation compared to gold.

Central banks are increasingly buying gold as a safe haven asset, and Trump's actions are aimed at rebuilding America for Americans, possibly necessitating a full reset.

The location of US gold reserves and geopolitical issues like China's policy in Latin America, Europe's response to immigration, and the US-China-Russia alignment are significant sociological factors affecting the global economy.

Despite the current uncertainty, Jaime advocates for a decentralized world where nations can thrive and encourages investors to consider gold, silver, and Bitcoin as financial lifeboats.

 Talking Points From This Episode

0:00 - Introduction

0:42 - Current World State

3:30 - S&P Bond Chart

10:12 - Gold Bonds & Treasury

15:45 - Free Cash Flow Chart

19:23 - Hyper Financial World

 26:00 - Gold & Silver

31:02 - Silver Volatility

34:02 - Shelton & Blockchain

 36:20 - Resource Sec. Valuations

 38:13 - 40-Year Shift?

42:22 - A Financial Reset?

44:52 - Bonds in a Reset

46:22 - PMs & Tariff Risks

 49:18 - A Double Edged Sword

 51:53 - Trump Implementation

53:30 - European Problems

 56:00 - Negotiating Peace?

1:02:09 - Surviving Inflation

1:04:10 - Wrap Up

https://www.youtube.com/watch?v=eSbz8yXzDF0

News, Rumors and Opinions Tuesday 2-4-2025

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 Tues. 4 Feb. 2025

Compiled Tues. 4 Feb. 2025 12:01 am EST by Judy Byington

Global Currency Reset

Month of Feb: “The Plan Never Changed. It was Always February. The Chest Will Open Very Soon!” …John F. Kennedy Jr. on Telegram

Mon. 3 Feb. QFS set to Activate Worldwide

Mon. 3 Feb. 2025 Jon Dowling: The shift has officially occurred! The key infiltrators within the Treasury that have help up our blessings have been (allegedly) officially removed. Once it’s confirm in the Iraqi Gazette concerning the gas law in Iraq has been passed, we’ll see the new rate come forth publicly. Just a matter of time at this point. Standby for victory after victory to commence!

Sun. 9 Feb. QFS set to become fully operational with intense military operations.

On Wed. 29 Jan. 2025 an Open Letter was (allegedly) published addressed to President Donald Trump and the US Congress asking them to recognize the Sovereign Nation of the Kingdom of Hawaii. There was  (allegedly) 170,000 metric tons of Gold sitting in the Bank of Hawaii that cannot be used by any government entity until the Kingdom Nation is returned properly to The People. The request was accompanied by a plea to help the over 3,000 victims of the 2023 Kula and Lahaina Maui Hawaii Fires who remain homeless, many living on beaches since 2023. (Signed) Sir Don Kauli’a, Sovereign Regent, Kingdom of the Hawaiian Islands

Read full post here:  https://dinarchronicles.com/2025/02/04/restored-republic-via-a-gcr-update-as-of-february-4-2025/

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

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

Fnu Lnu   The Dinar is now getting International attention. I was just on a conference call with a very small group of arbitrage experts based in Singapore...Imagine my surprise when the call mentioned Dinar and the second part of the call was about the Dinar...The good news?   The moderator said the RV was completed, which many of us have believed but couldn't prove...The final steps of the RV are contingent upon the completion of the "Financial Integrity and Cross-Border Payments" training program...  [Post 1 of 3....stay tuned]

Fnu Lnu    The "Institute for Financial Integrity" (IFI) based in Washington DC, has announced an initiative aimed at enhancing Iraq's banking systems...in collaboration with the CBI and K2 Integrity, will provide training to the NBI (National Bank of Iraq).  This will be a huge boost for the banking sector, provide essential training, and drive value. This training is vital to insure to the investing world, that Iraq is up to International standards. Though the RV is completed, this last important step is what is causing, what we perceive, as a delay. It is no delay at all. It is about how to distribute the funding. This also signals that we are now so close you can just smell the greenbacks as they are distributed, cross borders, to eagerly awaiting American Dinar investors. [Post 2 of 3....stay tuned]

Fnu Lnu  This call was so information dense that I will have to listen to it several more times to digest all of the content. The function of revaluing the currency is completed. The rate is decided. All the numbers are calculated. What is left to do is to be trained on the physical task of properly distributing it. Crossing the T's and dotting the I's...We are so close now it is crazy. This training can be done in a matter of days. This is why the UST and others are in Iraq right now. This is all brand new ground and you are on the inside of this knowledge.  [Post 3 of 3]

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

The Giant Credit Bubble & Why Gold Still Rules | Alasdair Macleod

Monetary Metals:  2-3-2025

Timecodes

00:00 Money vs. Credit

 00:35 Is This the Biggest Bubble in History?

01:36 The Pin That Pops the Bubble

03:15 Credit Crunch: How Banks Are Rationing Loans

 05:32 Governments in Debt Traps

07:22 Global Overleverage & Its Consequences

10:55 Equities & Real Estate: The Credit Illusion

 12:00 Why Gold Stands Apart (No Counterparty Risk)

18:09 Can Currencies Survive This Debt Bubble?

 21:00 Lightning Round: Alasdair’s Rapid-Fire Insights

https://www.youtube.com/watch?v=fK9v8wNgYkA

“Tidbits From TNT” Tuesday Morning 2-4-2025

TNT:

Iraqi Oil: Starting to deliver Kurdistan’s production to SOMO.. Procedures with Türkiye for export via Ceyhan

Iraqi Oil Minister Hayan Abdul Ghani announced on Monday, February 3, 2025, the start of procedures to deliver Kurdistan Region oil to the marketing company "SOMO", while indicating that there are government procedures towards exporting oil through the port of Ceyhan.

Abdul Ghani said in a press statement followed by "Al-Jabal", "The Ministry of Oil began its movements with the regional government by sending an official letter to deliver oil in a legal manner to the marketing company (SOMO)."

He pointed out that "there are procedures with the Turkish government to prepare the Iraqi-Turkish pipeline to export oil through the port of Ceyhan. 

Abdul Ghani explained that "the specified quantities are not less than 300 thousand barrels per day of the region's oil, delivered to the federal Ministry of Oil, to be exported via the Iraqi-Turkish pipeline link

**********

Tishwash:  Iraq and Jordan discuss work stages in joint border economic city

Prime Minister Mohammed Shia Al-Sudani received today, Monday, the Minister of Industry, Trade and Supply in the Hashemite Kingdom of Jordan, Yarub Al-Qudah, who confirmed the Jordanian government's support for Iraq's efforts to host the Arab Summit in Baghdad, scheduled for this year.

During the meeting, according to a statement by the Prime Minister's Office, a copy of which was received by {Euphrates News}, "the bilateral relations between the two countries were discussed, and ways to strengthen them in various economic and commercial fields, in addition to discussing mechanisms for developing industrial and commercial cooperation between Iraq and Jordan, in light of the work of the Iraqi-Jordanian Joint Trade Committee, as well as confirming cooperation between the Jordanian and Iraqi private sectors."

The meeting touched on the stages of work in the joint border economic city between Iraq and Jordan, which aims to enhance economic integration, stimulate investments and activate partnership, and the returns and benefits it will achieve for the two countries, especially with the continuation of work on the development road project, with its strategic axes and projects. link

***********

Tishwash:  To discuss military and strategic files.. A "high-ranking" American official will visit Baghdad soon

An Iraqi government official reported on Monday that a high-ranking American official is about to visit Baghdad soon, and that preparations are underway for the visit, noting that the official will discuss the American presence in Iraq and the structuring of the relationship between the two countries. 

The official told Shafaq News Agency, "Special preparations are now underway for a visit by a high-ranking American official to Baghdad in the coming period." 

The official pointed out that "the file of the American presence in Iraq will be discussed in parallel with adjusting the rhythms of the region, in line with the recent changes in Syria, Lebanon and Gaza." 

He said, "The American official will discuss the mechanism for restructuring the relationship between the United States of America, in addition to understandings in the areas of security and defense, along with files related to the US Federal Reserve." 

It is noteworthy that Baghdad and Washington announced months ago an agreement stipulating the withdrawal of the US-led international coalition forces by September 2025.

The Washington Post quoted an Iraqi official as saying that he expected Iraq to request an extension of the stay of US forces, in light of the recent developments in the region following the fall of the Assad regime in Syria.

Since mid-October 2023, armed factions began targeting American bases in Iraq, coinciding with the Gaza War, as the factions announced that their targeting of American forces was in response to American support for Israel.

The previous escalation between the armed factions and America witnessed military responses from Washington, the latest of which was the bombing of the city of Al-Qaim, adjacent to the Syrian border. The US Central Command confirmed at the time that its forces launched air strikes in Iraq and Syria targeting sites of the Quds Force of the Iranian Revolutionary Guard Corps and its affiliated faction groups.

The command said that the US military forces struck more than 85 targets with many aircraft, including long-range bombers, launched from the United States.

The American responses to the targeting of the armed factions also included assassinations of leaders of those factions in the center of the capital, Baghdad, using guided and accurate missiles. link

**********

Mot: . Sooooo Many ""Helpful Hints"" Ya gets frum da Internet!!! 

Mot: and as Ya Season! - ""The Senility Prayer""

Seeds of Wisdom RV and Economic Updates Monday Evening 2-3-25

Good Evening Dinar Recaps,

CBOE TO LAUNCH 24-HOUR STOCK TRADING

Traditional exchanges are seeking to expand trading hours as 24/7 onchain trading gains momentum.

Cboe Global Markets, one of the world’s largest derivatives and securities exchanges, has tipped plans to roll out 24-hour per day trading on weekdays, according to a Feb. 3 announcement.

The planned change “aims to meet growing global customer demand for expanded access to U.S. equities markets,” the exchange said. It comes as real-world asset (RWA) tokenization platforms increasingly offer a 24/7 alternative to traditional securities markets.

“We continue to hear from market participants globally – particularly those in Asia Pacific markets like Hong Kong, Japan, Korea, Singapore and Australia – that they want greater access to U.S. equities trading,” Oliver Sung, Cboe’s head of North American equities, said in a statement.

Sung said Cboe’s experience operating 24-hour exchanges in other markets means the exchange “can seamlessly support a 24x5 trading model for U.S. equities.” It plans to support 24-hour trading Monday through Friday, but not on weekends.

Cboe already offers nearly round-the-clock trading hours for certain derivatives, including S&P 500 Index options, and for its global forex markets.

Demand for extended trading hours

Other traditional US equities exchanges are also seeking to deliver round-the-clock trading for clients. In August, 24X National Exchange filed an amended application to US regulators to launch a securities exchange that could potentially bring 24/7 trading to cryptocurrency exchange-traded funds (ETFs).

In the US, spot cryptocurrency exchanges such as Coinbase operate continuously, but securities exchanges — where crypto ETFs are traded — only handle trades between 9:30 am and 4:00 pm Eastern Time.

Meanwhile, RWAs — tokens representing claims on assets such as stocks, bonds or real estate — surged in popularity after US President Donald Trump’s November election win ushered in a friendlier regulatory environment for cryptocurrencies.

Decentralized exchanges (DEXs) on blockchain networks enable 24/7 trading of RWA tokens

On Feb. 3, RWAs reached a cumulative all-time high of more than $17.1 billion across over 82,000 total asset holders, excluding the value of stablecoins, according to data from RWA.xyz.

RWAs could grow more than 50-fold by 2030, according to a Tren Financial report, which compiled predictions from financial institutions and consulting firms. They represent a $30-trillion market opportunity globally, Colin Butler, Polygon’s global head of institutional capital, told Cointelegraph in an interview.

The most popular RWA funds are the tokenized money market funds Hashnote Short Duration Yield Coin (USDY), BlackRock USD Institutional Digital Liquidity Fund (BUIDL) and Franklin OnChain US Government Money Fund (FOBXX). Tokenized money market funds collectively command more than $3 billion as of Feb. 3, according to RWA.xyz.

On Jan. 30, private equity firm Apollo Global Management said it had partnered with Securitize to launch a tokenized private credit fund.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

COINBASE CLO TO TESTIFY IN OPERATION CHOKEPOINT 2.0 HEARING

The first Operation Chokepoint 2.0 hearing is set to hold soon with Coinbase CLO Paul Grewal among the listed testifies

▪️Coinbase CLO to participate in Operation Chokepoint 2.0 hearing

▪️Anchorage and MARA Holdings CEO also joins the witness list

▪️Industry proponents sees the Chokepoint investigation as a major win

Paul Grewal, Coinbase Chief Legal Officer (CLO) is one of the testifiers at the forthcoming Operation Chokepoint 2.0 hearing with the Senate Banking Committee. Billed to take place later this week, Grewal will join other experts includes MARA Holdings CEO Fred Thiel in testifying against the crackdown on the crypto industry.

Operation Chokepoint 2.0 Hearing Witness List

It is worth noting that the hearing regarding the Operation Chokepoint 2.0 claims will be conducted by both the House and Senate respectively. As shared in an X post, the Coinbase CLO features in the witness list for both hearing set for February 6.

Besides Grewal, WSPN CEO Austin Campbell, Fred Thiel will participate in the House Financial Services Committee hearing. Per the update from, the lawmakers noted that more witnesses may still be added to the list.

For the Senate Banking GOP hearing, Nathan McCauley, the founder and CEO of Anchorage Digital will also take part in the hearing. In addition, Stephen Gannon from Davis Wright Tremaine LLP, Mike Ring from Old Glory Bank and Aarond Klein from the Brookings Institution will also take part.

As the Coinbase CLO noted, the lawmakers’ hearing will conduct an “oversight hearing looking into the past clandestine and undemocratic campaign to cut off crypto from banking.”

Coinbase CLO and Industry Leaders Have a Lot to Say

Just like Anchorage Digital, Coinbase also suffered from the impacts of the Operation Chokepoint 2.0. Over the past few weeks, the exchange has uncovered Letters from the US FDIC that shows the role played by the Federal Deposit Insurance Commission (FDIC) in the chokepoint agenda.

Per the content of the unredacted documents, the FDIC instructed banks to cut financial services for the crypto industry. With Paul Grewal running the legal team that got these unredacted files from FDIC in a legal battle, he might shed many insight in the hearing.

Anchorage Digital also potentially faced the Operation Chokepoint as a broad-based financial services provider in the industry. With claims of crackdown in the Bitcoin mining sector, Fred Thiel may also be an invaluable witness in the hearing.

Operation Chokepoint 2.0: Promises Kept

Prior to his election victory, President Donald Trump promised that the war on crypto will be over under his tenure. The appointed Crypto and AI Czar Davids Sacks promised to probe Chokepoint claims from industry leaders.

Also, Rep French Hill also made similar promises in December with confirmation that Reps will investigate the claims in January. Crypto proponents have celebrated the move by the current administration to check regulatory agencies’ excesses.

@ Newshounds News™

Source:  CoinGape

~~~~~~~~~

ONDO FINANCE LAUNCHES ONDO NEXUS TO EXPAND TOKENIZED TREASURY

Ondo Finance has introduced Ondo Nexus, a new initiative aimed at enhancing liquidity for tokenized Treasuries through expanded issuer partnerships and 24/7 redemption capabilities.

The Nexus leverages OUSG’s instant minting and redemption features to provide third-party issuers with improved liquidity for tokenized Treasuries, or “yieldcoins.”

The initiative expands OUSG’s backing to include tokenized Treasuries from Franklin Templeton, WisdomTree, Wellington Management, and Fundbridge Capital.

Additionally, Ondo Nexus integrates liquidity from existing partners like BlackRock and PayPal.

Nathan Allman, CEO of Ondo Finance, said that Ondo Nexus represents a significant advancement in tokenized Treasuries and the broader real-world asset category, emphasizing that by diversifying eligible collateral, they are developing modular infrastructure that enables shared redeemability of tokenized Treasuries to stablecoins across various products.

Ondo Finance is the only tokenized Treasury provider offering 24/7 redemptions at no cost to investors. Currently, OUSG allows redemptions against USDC, with PayPal USD expected to be added soon.

Ondo Nexus will enable seamless redemption of tokenized Treasuries from partner issuers into various stablecoins, further enhancing the asset class’s liquidity and utility.

The tokenized Treasuries sector has grown rapidly, surpassing $3 billion in total value locked in 2024. With Ondo Nexus, Ondo Finance aims to strengthen onchain financial infrastructure, bridging the gap between traditional finance and decentralized finance.

@ Newshounds News™

Source:  Crypto News

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

“Tidbits From TNT” Monday Morning 2-3-2025

TNT:

Tishwash:  Prime Minister stresses Iraq's aspiration for more integration in economic and trade relations with the Sultanate of Oman

Prime Minister Mohammed Shia Al-Sudani stressed Iraq's aspiration for more integration in economic and trade relations with the Sultanate of Oman.

A statement by his media office said: "Al-Sudani received, today, Sunday, the Omani Minister of Commerce, Industry and Investment Promotion Qais bin Mohammed Al-Yousef, and his accompanying delegation."

During the meeting, according to the statement, relations between the two countries and ways to consolidate cooperation in various sectors, especially the economic and trade field, were discussed in a way that enhances the level of partnership and exchange, and confronts economic challenges in the region. "Al-

Sudani welcomed the guest minister, stressing Iraq's aspiration for more integration in economic and trade relations with the Sultanate of Oman, pointing to the resources of development in the Iraqi investment environment, especially after the comprehensive reforms it has witnessed."

For his part, Al-Yousfi conveyed the greetings of Sultan of Oman Haitham bin Tariq to Al-Sudani, reiterating his country's desire to increase cooperation in various fields.   link

***********

Tishwash:  Parliamentary Finance Committee "explodes a surprise" regarding the cost of extracting oil from the Kurdistan Region

The Finance Committee of the Iraqi Council of Representatives said on Sunday that the vote on amending the general budget law is related to the proposal sent by the federal government to the council. While it explained that the cost of extracting oil is $16 and is not fixed, but may reach $22, it confirmed that stopping the export of the region's oil led to the federal government losing more than $14 billion.

Committee member, Ikhlas al-Dulaimi, told Shafaq News Agency, "The House of Representatives voted today to amend the general budget law, and the vote was on the proposal sent by the government to the House."

Al-Dulaimi explained that “the cost of extracting oil in the Kurdistan Region, according to the amendment, is $16 per barrel, and the cost is not fixed, as there will be a consulting company that will determine the actual cost of extracting oil, and it may reach $22 per barrel, and according to this cost, the federal government will be obligated to pay it to the Kurdistan Region.”

She explained that, "according to the budget amendment, the region's oil will be delivered to SOMO, which will be responsible for selling the oil abroad," noting that "the halt in oil exports was not due to the region, but rather it was due to the federal Ministry of Oil filing a lawsuit against the Ministry of Oil in the region, which caused the halt in oil exports, and this led to the federal government losing more than 14 billion dollars."

Today, Sunday, the Iraqi Council of Representatives voted on the draft law amending the first law of the Federal General Budget Law of the Republic of Iraq for the fiscal years 2023 - 2024 - 2025 No. 13 of 2023.

For his part, independent MP Ahmed Majeed announced in a statement to Shafaq News Agency that members of the House of Representatives from the central and southern governorates boycotted the parliament session held today, considering that voting on the budget "violates the law and the internal regulations of the council due to the lack of a legal quorum."

Majeed explained that "the number of present representatives does not exceed 140 representatives, which means that the quorum is not achieved," stressing that they doubt the legitimacy of the session.

He added, "We will file an appeal with the Federal Court against the House of Representatives for violating the law and proceeding with the vote on amending the budget law  link

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

Tishwash:  Al-Sudani and Masrour Bazani welcome the passage of the budget law amendment: a responsible step

Iraqi Prime Minister Mohammed Shia al-Sudani welcomed, on Sunday, the passing of the amendment to the financial budget law, while considering the vote on the law a "responsible step."

Bassem Al-Awadi, the spokesman for the Iraqi government, said in a statement received by Shafak News Agency, "Al-Sudani expresses his appreciation for the responsible and constructive step taken by the esteemed House of Representatives, by approving the amendment to the Federal General Budget Law of the Republic of Iraq for the fiscal years 2023-2024-2025, Law (13 of 2023), according to the text of the amendment received from the Council of Ministers . "

According to the statement, Al-Sudani thanked the Speaker of the House of Representatives, the First Deputy Chairman of today's session, the Second Deputy Chairman, and the heads of the parliamentary blocs, for their understanding and support of the government's vision, which has continued to implement its program according to the priorities previously approved by the people's representatives, which meet the aspirations of the Iraqi people.

He added that "voting on the amendment according to the text approved by the Council of Ministers confirms the political stability and the state of understanding that characterizes this stage, and also reflects the high cooperation between the government and the House of Representatives to continue working together, in order to continue the momentum of the wheel of development, reconstruction and reform, which has started and will not stop, as the government continues to work to confront problems and challenges with a sense of responsibility and based on the supreme interests of Iraq."

According to the statement, Al-Sudani called on both "the Kurdistan Regional Government of Iraq, with its specialized institutions, and the Federal Ministry of Oil, to immediately begin and work on this amendment, in order to optimally invest in natural resources, especially oil wealth, and let this wealth be a factor in supporting stability, and a motive for further achievement of plans and programs that meet the needs of our honorable people . "

In turn, the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, welcomed the passage of the amendment to the budget law.

Barzani wrote in a tweet on the X website, "We welcome the vote of the Federal Council of Representatives today to amend the Federal General Budget Law, and we commend all those who contributed to the success of this amendment. We also thank the negotiating team in the regional government for its efforts in developing a mechanism to resolve the issue of salaries."

He expressed his hope that "this positive step in amending the budget law will be the beginning of solving all other problems, and the federal government's commitment to sending salaries and financial dues to the Kurdistan Region."

Earlier today, Sunday, the Iraqi Council of Representatives voted on the draft law amending the first law of the Federal General Budget Law of the Republic of Iraq for the fiscal years (2023 - 2024 - 2025) No. (13) of 2023link

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

Mot: ...... Or - NOT!!!!

Mot: Thanx!!! --- He Took Care of it - He Dids!!!!