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Seeds of Wisdom RV and Economic Updates Saturday Morning 5-10-25
Good Morning Dinar Recaps,
SEC MOVES TO END RIPPLE CASE AS COMMISSIONER REBELS: $75M RETURNS TO XRP GIANT
The SEC Ripple lawsuit has just reached a pivotal turning point as the Securities and Exchange Commission recently filed a motion seeking court approval for a settlement with Ripple Labs. Under the proposed deal that’s currently being reviewed, Ripple would recover $75 million of the $125 million that was held in escrow, while the SEC would receive the remaining $50 million.
Ripple’s $75M SEC Settlement: What It Means for XRP and Crypto Regulation
Good Morning Dinar Recaps,
SEC MOVES TO END RIPPLE CASE AS COMMISSIONER REBELS: $75M RETURNS TO XRP GIANT
The SEC Ripple lawsuit has just reached a pivotal turning point as the Securities and Exchange Commission recently filed a motion seeking court approval for a settlement with Ripple Labs. Under the proposed deal that’s currently being reviewed, Ripple would recover $75 million of the $125 million that was held in escrow, while the SEC would receive the remaining $50 million.
Ripple’s $75M SEC Settlement: What It Means for XRP and Crypto Regulation
The SEC Ripple lawsuit settlement marks what appears to be the potential end to a legal battle that first began back in December 2020. As per the May 8 court filings, both parties have agreed to withdraw their appeals, virtually ending one of the most important and keenly followed cases in crypto regulation news.
Commissioner’s Opposition Reveals SEC Division
Not everyone at the SEC supports the resolution. Commissioner Caroline A. Crenshaw issued a public dissent:
“This settlement is a tremendous disservice to the investing public.”
Crenshaw warned that the SEC Ripple lawsuit settlement could weaken the agency’s enforcement power and negatively impact future XRP price prediction analyses in unexpected ways.
XRP’s Market Struggle During Litigation
The XRP lawsuit impact was immediate and significant when the case began. According to the crypto analyst behind the account All Things XRP:
“It didn’t just slow XRP down — it stole years of growth.”
While Bitcoin and Ethereum surged during the 2021–2023 bull market, XRP stagnated between approximately $0.30–$0.50, missing out on substantial gains and altering many XRP price predictions at the time.
Settlement Terms and Future Implications
The SEC Ripple lawsuit resolution preserves Judge Torres’ 2023 ruling that only institutional XRP sales violated securities laws. This legal distinction remains critical for ongoing crypto regulation news and Ripple’s future operations.
If the $125 million penalty clears the court in the next few days:
$75 million would be returned to Ripple
$50 million would remain with the SEC
This result may provide badly needed regulatory clarity and underscore the lasting effects of prolonged litigation on XRP price forecasts and broader digital asset regulation.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
US TREASURY SECRETARY BESSENT LAMBASTS SENATE FOR BLOCKING STABLECOIN BILL, CALLS IT ‘MISSED OPPORTUNITY’ FOR AMERICAN LEADERSHIP
▪️ U.S. senators voted Thursday to halt progress on a stablecoin regulation bill amid escalating tensions over President Donald Trump’s crypto involvement.
▪️ Treasury Secretary Scott Bessent said American leadership is needed for stablecoins and other digital assets to thrive globally, lambasting the Senate’s “missed opportunity.”
U.S. Treasury Secretary Scott Bessent lambasted the Senate's decision on Thursday to halt the progress of the GENIUS Act amid rising tensions over President Trump's increasing crypto involvement and concerns about specific aspects of the proposed stablecoin bill.
"For stablecoins and other digital assets to thrive globally, the world needs American leadership," Bessent posted on X. "The Senate missed an opportunity to provide that leadership today by failing to advance the GENIUS Act."
Secretary Bessent described the bill as a "once-in-a-generation opportunity" to expand dollar dominance and boost U.S. influence in financial innovation. He argued that without such legislation, stablecoins will remain governed by a fragmented set of state rules rather than a unified federal approach that better supports growth and global competitiveness.
"The world is watching while American lawmakers twiddle their thumbs," Bessent said. "Senators who voted to stonewall U.S. ingenuity today face a simple choice: Either step up and lead or watch digital asset innovation move offshore."
A not-so-brilliant delay for the GENIUS Act
The Senate Banking Committee earlier voted to advance the GENIUS Act in March. The bill requires:
100% reserve backing with U.S. dollars and similarly liquid assets
Annual audits
Prohibits foreign issuance in the country
The Senate voted 49-48 against the bill in its current form on Thursday, with Sens. Josh Hawley (R-Mo.) and Rand Paul (R-Ky.) joining Democrats in opposing the procedural vote.
While the GENIUS Act bill resulted from bipartisan negotiations, Democrats recently raised concerns about unfinished bill text, foreign issuer oversight, and anti-money laundering provisions.
Senator Mark Warner (D-Va.) said he couldn't support legislation that wasn't yet finalized. Senate Majority Leader John Thune (R-S.D.), despite also voting no, said he did so to allow the bill to be reconsidered later, criticizing the Democrats amid multiple revised versions:
"I just have to say, frankly, I just don't get it," Thune said. "I don't know what more they want."
Tensions deepened as Trump’s personal and financial ties to crypto — including memecoin launches, $1.5 million-per-plate crypto fundraisers, and backing DeFi project World Liberty Financial — sparked accusations of conflict of interest ahead of the vote.
Some Democrats, including Rep. Maxine Waters (D-Calif.), also boycotted a crypto-focused House hearing this week, citing the president's direct crypto holdings and influence over agencies. The House Financial Services Committee also recently voted to advance a similar bill, the STABLE Act, with anti-money laundering and reserve requirements.
@ Newshounds News™
Source: The Block
~~~~~~~~~
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“Tidbits From TNT” Saturday Morning 5-10-2025
TNT:
Tishwash: Iraq's customs revenues reached 59 billion dinars after implementing the ASYCUDA system.
Finance Minister Taif Sami announced on Friday a significant increase in customs revenues following the implementation of the ASYCUDA Customs Automation System, amounting to more than 59 billion dinars.
Sami said in a statement to the official agency, followed by "Al-Eqtisad News," that "customs revenues before the implementation of the ASYCUDA system amounted to 375,675,732,360 dinars, while after the implementation they rose to 435,421,672,805 dinars, an increase of 59,745,940,445 dinars."
She added, "The General Authority of Customs has begun implementing the ASYCUDA system in 15 customs centers, including: Air Cargo Customs, Dry Port, Baghdad International Airport Terminal, Grand Welcome Square Customs, Trebil, Safwan, Arar, Umm Qasr Middle, Umm Qasr South, Kirkuk Airport, Zurbatiyah, Al-Mundhiriyah, Mandali, Al-Shaib, and Al-Shalamcheh."
TNT:
Tishwash: Iraq's customs revenues reached 59 billion dinars after implementing the ASYCUDA system.
Finance Minister Taif Sami announced on Friday a significant increase in customs revenues following the implementation of the ASYCUDA Customs Automation System, amounting to more than 59 billion dinars.
Sami said in a statement to the official agency, followed by "Al-Eqtisad News," that "customs revenues before the implementation of the ASYCUDA system amounted to 375,675,732,360 dinars, while after the implementation they rose to 435,421,672,805 dinars, an increase of 59,745,940,445 dinars."
She added, "The General Authority of Customs has begun implementing the ASYCUDA system in 15 customs centers, including: Air Cargo Customs, Dry Port, Baghdad International Airport Terminal, Grand Welcome Square Customs, Trebil, Safwan, Arar, Umm Qasr Middle, Umm Qasr South, Kirkuk Airport, Zurbatiyah, Al-Mundhiriyah, Mandali, Al-Shaib, and Al-Shalamcheh."
She explained that "the Authority has currently begun implementing the second phase of the system, which will extend over two years. This phase includes its implementation in eight remaining customs centers, in addition to linking 12 electronic applications to the system, including: land transport clearance, the value system, smart selectivity, the exemptions system, and licenses and certificates. This will enable the system to be linked with all ministries." link
**************
Tishwash: Legal expert: The House of Representatives has the right to extend its legislative session for 30 days to approve the budget schedules.
Legal expert Ali Al Tamimi stressed on Friday the utmost importance of approving the financial budget schedules.
Al-Tamimi explained in a statement to Al-Furat News Agency that “Article 57 of the Iraqi Constitution stipulates an annual session for the Council of Representatives with two legislative chapters, but it excludes the case of discussing and approving the general budget, as it stipulates that “the legislative chapter does not end if it includes the general budget law except after voting on it.”
The legal expert stressed that this constitutional text is considered “governing” and imposes the necessity of approving budget schedules as soon as possible, due to its direct impact on “the livelihood of society” and the stability of economic and living conditions.
In a related context, Al-Tamimi pointed out that Article 57 itself allows the possibility of extending the current legislative chapter, based on a request from one of the three presidencies or with the signatures of no less than fifty members of the Council of Representatives. In this case, an extraordinary session is held, and its meetings are limited to the matters that called for this extension.
Al-Tamimi explained that the duration of the extension of the legislative chapter is limited to “only thirty days,” and the Council’s discussions and sessions during this period must be limited to “matters related to the budget only.”
The legal expert concluded his statement by emphasizing that “the budget file is important It is necessary to extend the sessions of the House of Representatives in order to accomplish this national task that the Iraqi people are waiting for.
A parliamentary source told Al-Furat News last Tuesday that the Presidency of the House of Representatives decided to end the first legislative session of the fourth legislative year on May 9th {today, Friday} in accordance with Article (57) of the Constitution and Article (22) of the House of Representatives’ internal regulations. link
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Tishwash: Iranian Foreign Minister Anticipates Trump's Arrival in the Region, Visits Saudi Arabia and Qatar Tomorrow
Ahead of US President Donald Trump's scheduled tour of the region next week, Iranian Foreign Minister Abbas Araghchi will travel to Saudi Arabia and Qatar tomorrow, Saturday, the Iranian Foreign Ministry announced.
The Iranian Foreign Ministry indicated in a statement published on its website on Friday that Araghchi will first travel to Riyadh "to meet and hold talks with senior Saudi officials."
She added that he will later visit Doha "to participate in the Arab-Iranian Dialogue Conference."
This comes as a fourth round of nuclear talks between Iran and the United States is likely to be held next Sunday in the Omani capital, Muscat.
US President Donald Trump is also scheduled to visit Saudi Arabia, Qatar, and the UAE next week.
Trump, who withdrew the United States from the 2015 nuclear agreement between Tehran and world powers, has previously threatened military action if his administration fails to reach an agreement to resolve the long-running dispute over Iran's nuclear program.
It is noteworthy that since April 12, the United States and Iran have begun indirect talks on the nuclear issue, mediated by Oman.
The two sides have held three rounds so far (two in Muscat and one in Rome), which were described as positive and constructive. link
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Mot: babies forever
Mot: Get Ready Ladies!!!!
Economist’s “News and Views” Friday 5-9-2025
GOLD: The Lifeboat Amid $300 Trillion Debt Crisis, “The Dollar War is Over” | Matthew Piepenburg
Soar financially: 5-9-2025
Is this the final chapter for the U.S. dollar’s dominance? Matthew Piepenburg joins us to break down historic global shifts, surging gold prices, and what he calls the ‘Stalingrad moment’ of the U.S. dollar.
From tariff wars and autocratic rises to BRICS realignment and bond market breakdowns, Piepenburg outlines why everything is pointing to a new global order. Is gold finally vindicated? Is the Titanic sinking? Why aren’t we hearing more about BRICS?
GOLD: The Lifeboat Amid $300 Trillion Debt Crisis, “The Dollar War is Over” | Matthew Piepenburg
Soar financially: 5-9-2025
Is this the final chapter for the U.S. dollar’s dominance? Matthew Piepenburg joins us to break down historic global shifts, surging gold prices, and what he calls the ‘Stalingrad moment’ of the U.S. dollar.
From tariff wars and autocratic rises to BRICS realignment and bond market breakdowns, Piepenburg outlines why everything is pointing to a new global order. Is gold finally vindicated? Is the Titanic sinking? Why aren’t we hearing more about BRICS?
00:00 - “The Dollar’s Stalingrad Moment”
00:36 - Welcome back: Matthew Piepenburg returns
01:00 - Gold was $750 cheaper last time we spoke
01:30 - 80 years since WWII: Is a global reset underway?
06:00 - The rise of autocrats: Populism or debt desperation?
11:30 - Titanic analogies & government patchwork fixes
18:00 - Can tariffs save a sinking ship?
26:00 - U.S. debt & bond market revolt—are foreign holders fed up?
37:00 - Bretton Woods 2.0 under Trump?
42:00 - Are BRICS just silent… or planning something massive?
49:00 - Is the gold community finally vindicated?
56:00 - Did gold just break the cartel?
The Fed is Stuck - Get Ready for QE
Heresy Financial: 5-9-2025
TIMECODES
00:00 Market Confusion After FOMC
00:15 QE is Coming Soon
00:32 How to Read Fed Statements
01:05 Fed Dismisses GDP Drop
01:50 Risks of Inflation vs Unemployment
03:00 Fed Tools and Tradeoffs
04:00 Fed Slowing Balance Sheet Reduction
05:01 QE is Around the Corner
06:00 Tariffs and Deflation Pressure
07:02 Why the Fed Will Pivot
07:28 Long-Term Debt Cycle Insight
08:19 Higher for Longer is the New Normal
Seeds of Wisdom RV and Economic Updates Friday Afternoon 5-9-25
Good Afternoon Dinar Recaps,
THREE NEW U.S. STATE-LEVEL BITCOIN BILLS SIGNED INTO LAW
From New Hampshire to Arizona to Oregon, more proposed Bitcoin legislation has become law in recent days.
This week, three U.S. states have enacted bitcoin-related bills into law.
On Tuesday, New Hampshire became the first state to sign into law a bill that would allow for the creation of a strategic bitcoin reserve (SBR).
On Wednesday, Arizona enacted its second bill related to bitcoin, blockchain, and digital assets.
Also on Wednesday, Oregon’s governor signed a bill into law that updates the state’s commercial code to recognize digital assets such as bitcoin as collateral.
Good Afternoon Dinar Recaps,
THREE NEW U.S. STATE-LEVEL BITCOIN BILLS SIGNED INTO LAW
From New Hampshire to Arizona to Oregon, more proposed Bitcoin legislation has become law in recent days.
This week, three U.S. states have enacted bitcoin-related bills into law.
On Tuesday, New Hampshire became the first state to sign into law a bill that would allow for the creation of a strategic bitcoin reserve (SBR).
On Wednesday, Arizona enacted its second bill related to bitcoin, blockchain, and digital assets.
Also on Wednesday, Oregon’s governor signed a bill into law that updates the state’s commercial code to recognize digital assets such as bitcoin as collateral.
New Hampshire Can Now Establish An SBR
On Tuesday, New Hampshire signed HB302 into law, making it the first state in U.S. history with the legal footing to create an SBR.
The new law enables the state treasurer to invest in digital assets that have a market cap of over $500 billion. (Bitcoin is the only digital asset that currently meets this criteria.)
While the law doesn’t specifically call for the creation of an SBR, it does enable the state’s treasurer to create one.
This historic law was enacted thanks in part to the efforts of Rep. Keith Ammon, the primary sponsor for this bitcoin-related bill.
Arizona Governor Vetoes One Bitcoin Bill But Signs Another
On May 2, Arizona Governor Katie Hobbs vetoed SB1025, which would have enabled the state treasurer and retirement system to invest 10% of their available funds into virtual currencies.
The bill was known as the “Arizona Strategic Bitcoin Reserve Act”.
However, on May 7, Governor Hobbs signed HB2749 into law — a bill that also establishes a state-level digital assets reserve.
HB2749 amends Arizona’s unclaimed financial property statutes to allow the state to claim bitcoin or digital assets that have been abandoned or unclaimed after three years.
This is the second bitcoin-related bill Governor Hobbs has signed in recent weeks — the first being HB2342 on April 18, which protects individuals running blockchain nodes from local restrictions.
New Oregon Law Recognizes Bitcoin As Collateral
On Wednesday, Oregon Governor Tina Kotek signed SB167 into law.
This law updates Oregon’s Uniform Commercial Code (UCC) to:
Recognize digital assets such as bitcoin as collateral
Introduce Article 12, which establishes a legal framework for “controllable electronic records,” including cryptocurrencies
This sets the legal groundwork for bitcoin and other digital assets to be used in traditional financial products in Oregon.
Picking Up The Pace
Prior to this week, only three bitcoin-related bills had been signed into law:
Utah’s HB0230 (signed March 12): Defined and regulated digital assets
Kentucky’s HB701 (signed March 24): Offered protections for individuals and businesses engaging with digital assets
Arizona’s HB2342 (discussed above)
If this week is any indication, more Bitcoin legislation may be codified into law in the near future.
@ Newshounds News™
Source: Bitcoin Magazine
~~~~~~~~~
BRICS: ASIA COULD DUMP $2.5 TRILLION WORTH OF US DOLLAR CURRENCY
The US dollar may face a huge crisis from BRICS and other Asian currencies, as Stephen Jen, CEO of Eurizon SLJ Capital, revealed to Bloomberg that an “avalanche” of USD selling worth $2.5 trillion could come from Asian countries.
He explained that Asian exporters and investors have stockpiled a massive amount of USD over the years, which could soon be dumped as the greenback weakens against local currencies in 2025.
The Bloomberg currency index shows that the USD is down 8% since February, while local currencies are outperforming the global reserve currency.
This trend gives the BRICS alliance more momentum to push the de-dollarization agenda, as $2.5 trillion worth of USD now hangs on a thread.
“We suspect these dollar hoardings by Asian exporters and institutional investors may be extremely large. Possibly on the order of $2.5 trillion or so. And pose sharp downside risks to the dollar vis-à-vis these Asian currencies,”
– Jen and Joana Freire
BRICS: US Dollar Faces a Threat of $2.5 Trillion Sell-off
BRICS and other developing nations are now economically strong enough to offload their US dollar reserves.
There is a growing belief in an “important imbalance in the world” that puts the US dollar in a vulnerable position, said Jen.
The long-term appeal of the USD is fading, as local currencies offer advantages like:
No excessive debt burdens
Mutual GDP strengthening when used for trade
The dollar’s dominance is shrinking globally.
De-Dollarization Expands Beyond BRICS
Beyond BRICS, de-dollarization is also accelerating in countries such as:
Taiwan
Malaysia
Vietnam
In these regions, the US dollar is becoming secondary in trade and investment.
Jen further noted that Asian nations have external surpluses, which allow them to hedge against USD fluctuations with more flexibility.
“The American economy is at the crossroads of a global paradigm shift where its power is on the decline.”
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
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Vietnam and Iraq Economic News from KTFA 5-9-2025
KTFA:
Henig: KRX system officially goes live
May 05, 2025 - 16:04
The system, developed with technology support from the Korea Exchange (KRX), is expected to bring significant changes to trading practices and boost market transparency and efficiency.
HÀ NỘI — After more than a decade in preparation, the Hồ Chí Minh Stock Exchange (HOSE) officially launched the long-anticipated KRX trading system on Monday morning. The system, developed with technological support from the Korea Exchange (KRX), is expected to bring significant changes to trading practices and boost market transparency and efficiency.
KTFA:
Henig: KRX system officially goes live
May 05, 2025 - 16:04
The system, developed with technology support from the Korea Exchange (KRX), is expected to bring significant changes to trading practices and boost market transparency and efficiency.
HÀ NỘI — After more than a decade in preparation, the Hồ Chí Minh Stock Exchange (HOSE) officially launched the long-anticipated KRX trading system on Monday morning. The system, developed with technological support from the Korea Exchange (KRX), is expected to bring significant changes to trading practices and boost market transparency and efficiency.
The trading session opened with some notable excitement. The VN-Index rose more than eight points shortly after the market opened after a long holiday, reflecting investor optimism. However, the session began somewhat sluggishly. According to reports from several investors, the opening auction (ATO) experienced some delays and the system was not initially smooth.
These early hiccups were resolved and trading proceeded more stably as the session progressed. The KRX system is an information technology platform designed to modernise and standardise Việt Nam’s stock market operations.
With a total investment of approximately VNĐ900 billion (US$34.7 million), the system offers numerous new features, including updates to trading orders, enhanced functionalities for retail investors and a foundation for future reforms.
Though originally scheduled for completion in 2021, the project encountered repeated delays and only recently completed extensive testing throughout 2024.
A key change brought by the KRX system is the modification to how ATO (At-the-Opening) and ATC (At-the-Closing) orders are handled. Previously, these orders were prioritised over limit orders (LO) during periodic matching phases. Under the new system, ATO and ATC orders no longer receive priority over pre-entered limit orders.
They are now displayed at a specific price level, aligning more closely with LO orders, rather than being shown as 'ATO' or 'ATC'. The system also changes the rules for modifying or canceling orders. Investors can no longer simultaneously amend both price and quantity in a single transaction. Adjusting the price or increasing the order size resets its time priority, while decreasing the volume does not. As before, order cancellations and modifications remain restricted during ATO and ATC sessions.
Another notable update is the replacement of the traditional market price order (MP) with the market-to-limit order (MTL). In cases where an MTL order is only partially matched, the unfilled portion is automatically converted to a limit order (LO) with a price adjusted by ±1 tick from the initial order - improving price control during execution. The KRX system also enhances negotiated trades and odd-lot transactions. Both the buyer and seller may now input orders directly, with the other party confirming the trade - an improvement over the previous system, where only sellers entered orders.
Once a negotiated trade is completed, it cannot be canceled or amended. Retail investors also benefit from expanded odd-lot trading capabilities. With the new system, odd-lot limit orders (LO) can be placed continuously from 9am to 2.45pm, instead of being limited to continuous matching or negotiated trade sessions as in the past.
Ahead of the launch, HoSE and its technology partners conducted a final round of testing on May 4, including system integration, market configuration checks, database validation, server and application monitoring and storage assessments.
This ensured full operational readiness among all stakeholders. Major securities firms, including SSI, ACB Securities and Bảo Việt Securities, confirmed successful system conversions and announced readiness for the first official trading session under the new platform.
SSI reported that its upgraded online trading system is now compatible with the KRX system and offers pre-market order placement from 7.30am. ACB Securities and Bảo Việt Securities also affirmed that their system transitions had been completed on schedule. Other brokerage houses, such as MB Securities, Shinhan Vietnam Securities, Việt Dragon, VCBS, BVSC and DNSE, similarly reported the completion of necessary upgrades, including data reconciliation and system connectivity. Firms across the industry have expressed confidence in the potential of the KRX platform to improve order handling, streamline retail trading and facilitate better integration of foreign investor transactions and securities under trading restrictions. The official rollout of the KRX system concludes a nearly 13-year journey of planning, investment and technical coordination.
Its implementation marks a critical milestone for Việt Nam’s capital market development, laying the groundwork for future enhancements in market infrastructure, investor experience and regulatory oversight, as well as market upgrade from frontier status to emerging market. — BIZHUB/VNS LINK
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Clare: Iraq's customs revenues reached 59 billion dinars after implementing the ASYCUDA system.
5/9/2025- Baghdad
Finance Minister Taif Sami announced on Friday a significant increase in customs revenues following the implementation of the ASYCUDA Customs Automation System, amounting to more than 59 billion dinars.
Sami said in a statement to the official agency, followed by "Al-Eqtisad News," that "customs revenues before the implementation of the ASYCUDA system amounted to 375,675,732,360 dinars, while after the implementation they rose to 435,421,672,805 dinars, an increase of 59,745,940,445 dinars."
She added, "The General Authority of Customs has begun implementing the ASYCUDA system in 15 customs centers, including: Air Cargo Customs, Dry Port, Baghdad International Airport Terminal, Grand Welcome Square Customs, Trebil, Safwan, Arar, Umm Qasr Middle, Umm Qasr South, Kirkuk Airport, Zurbatiyah, Al-Mundhiriyah, Mandali, Al-Shaib, and Al-Shalamcheh."
She explained that "the Authority has currently begun implementing the second phase of the system, which will extend over two years. This phase includes its implementation in eight remaining customs centers, in addition to linking 12 electronic applications to the system, including: land transport clearance, the value system, smart selectivity, the exemptions system, and licenses and certificates. This will enable the system to be linked with all ministries." LINK
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Clare: The dollar's exchange rate is stabilizing towards its target: adaptation or adjustment?
5/9/2025
Dr. Haitham Hamid Mutlaq Al-Mansour
It became clear in the period from last April until this May that the dollar exchange rate in Iraq began to stabilize, declining towards the (official) target level. Therefore, a question may be raised in this context: Is this stability the result of “adaptation” or “adaptation”?
To answer this question, we examine the reality of monetary policy measures that strengthened the foreign exchange signal's response to the downward trend, which can be described in the following paragraphs:
1. The Central Bank's restrictive policy of controlling dollar sales to banks through transparency measures for transfers of unclear origin aimed at combating smuggling. This increased the official supply and eased pressure on the exchange rate.
2. The effectiveness of monetary policy in financing foreign trade through highly rated correspondent banks, within the framework of the US Treasury and Federal Reserve's conditions. This is in addition to the trend toward settlement in euros, yuan, and UAE dirhams, which has facilitated remittance transactions in our trade with China, Turkey, and the UAE.
3. Added to this is the decline in demand for the dollar due to the increased level of banking compliance with international conditions on dollar transfers to prevent their smuggling to Iran, Syria, and Turkey via Iraq. As a result, suspicious transfers have decreased, and illicit demand for dollars has declined, contributing to the stability of the dollar exchange rate.
4- The effectiveness of the Central Bank’s foreign reserves management to compensate for the decline in the dollar supply in the parallel market, thus curbing the exchange rate towards the target.
5- The effectiveness of the inflation targeting policy led to a slowdown in the rise in the general price level (inflation) in Iraq, which limited the phenomenon of dollarization and raised the real value of the dinar.
6- Decline in speculation in the parallel market. Following the regulatory measures, the activity of unlicensed money changers and speculators who artificially raised prices declined.
7- The effectiveness of financing travelers in dollars through the official rate using payment cards at reduced costs and at the official exchange rate of 1320 dinars per dollar, in addition to collecting cash dollars through Iraqi airports, in the amount of 3000 dollars at the official rate for each traveler per month who carries an electronic payment card.
8- External international factors related to a general weakness in purchasing power in global markets and a decline in stocks, which caused a decline in the value of the dollar and a rise in gold, leading to a decline in demand for it globally and locally.
From the above-mentioned reasons, we find that exchange rate stability, despite its importance as a short-term objective of monetary policy, was achieved through “adjustment,” i.e., a short-term price adjustment trend resulting from short- or medium-term measures and treatments for exchange rate fluctuations. The aim was to restore temporary economic equilibrium without changing the basic structure of the economy and without deep-rooted long-term policies, which reduces the effectiveness of targeting the exchange rate at the long-term target level. Stability could have been achieved as a result of long-term structural “adjustment” by following long-term policies as follows:
1- Decrease in demand for the dollar due to the availability of agricultural or industrial GDP revenues as a substitute for imports.
2- Improvement in the balance of payments thanks to non-oil agricultural and industrial exports.
3- Structurally reforming the banking system and activating the role of monetary tools, especially the interest rate structure, in a way that restores the overall balance to its natural state without a split between what is real and what is monetary.
4. Reducing rentierism by diversifying the economy through allocating resources based on foreign trade to generate national surplus value. The result: more sustainable stability, as the economy becomes less dependent on external factors.
If the current balance remains in place, the dollar supply will still be vulnerable to depletion within a year of imports if oil exports cease due to wars and threats, for example, or if the economy is exposed to similar external shocks. Furthermore, reliance on reserve management and other stringent measures will not be sufficient to ensure long-term exchange rate stability.
In conclusion, while ensuring that the exchange rate stabilizes near its target level is a significant achievement for monetary policy, the absence of structural reforms, economic diversification, improving the business environment, combating corruption, and other factors will make any exchange rate stability vulnerable to reversal, particularly with oil price fluctuations, political crises, and external shocks. This underscores the importance of planning for long-term structural adjustment at the macroeconomic policy level. LINK
News, Rumors and Opinions Friday 5-9-2025
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. 9 May 2025
Compiled Fri. 9 May 2025 12:01 am EST by Judy Byington
The Plan
Thurs. 8 May 2025 DO NOT PANIC — THIS IS THE PLAN …Quantum Financial System on Telegram
The Quantum Financial System (QFS) is already live. Once the blackout begins, it will override all corrupt financial systems, securing your identity, assets, and data through biometric encryption. Your bank accounts will be safe. Your information protected. Fraud-proof. Tamper-proof. Immutable.
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. 9 May 2025
Compiled Fri. 9 May 2025 12:01 am EST by Judy Byington
The Plan
Thurs. 8 May 2025 DO NOT PANIC — THIS IS THE PLAN …Quantum Financial System on Telegram
The Quantum Financial System (QFS) is already live. Once the blackout begins, it will override all corrupt financial systems, securing your identity, assets, and data through biometric encryption. Your bank accounts will be safe. Your information protected. Fraud-proof. Tamper-proof. Immutable.
Possible Timing:
As of Thurs. 1 May 2025 the fiat banking system was DEAD. Redemption Centers, active and gold-backed funds were being distributed globally through the Quantum Financial System (QFS).
On Tues. 6 May 2025 Newsmax President Trump announced the gold-backed Bitcoin, “An earth shattering announcement that will affect America and it’s people.”
Global Currency Reset:
Tues. 6 May 2025 A small bank in Alabama has (allegedly) suspended services from Thurs. 8 May to Mon. 12 May saying customers will then be able to access a new digital platform. …Jordan Clark on X
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Thurs. 8 May 2025 The Big Call Bruce:
The QFS was (allegedly) fully integrated as of 5 pm today Thurs. 8 May 2025.
They also (allegedly) have our Digital Golden Wallets ready: the Quantum Account Card would go in that.
You will have a Quantum Card with a new email, new email password, 5 digit pin code, user name password.
We can (allegedly) withdraw a large sum out of our account to use for the first 60 days. After 60 days we will have full access to our funds.
There will (allegedly) be no structured settlements
We will get a credit debit card to access our funds.
We will have a Quantum Account that we do not use other than to move funds out of it to another bank.
The US has a new trade deal with the UK England, Whales, Ireland, Scotland, and many other trade deals in the works.
On Fri. 9 May around 10 am EST President Trump will(allegedly) be in Iraq to make an announcement about the Dinar revaluation, Global Currency Reset and a peace deal with Hamas and Israel.
Tier4b will get notified shortly thereafter and begin our exchanges.
Redemption Personnel will be going in at 9 am Friday and 9:15 Saturday.
DOGE checks, SS increases, R&R allowances should all be out in May.
If they don’t offer you the contract rate on the Dinar, you can (allegedly) ask for it and they have to give it to you.
~~~~~~~~~~~~
Thurs. 8 May 2025: “Now comes the Storm.” …Julian Assange
On March 27 2025 they (allegedly) seized control of the Fed.
On April 26 2025 the Gold Standard(allegedly) returned globally.
By May 1 2025 the entire fiat system (allegedly) was officially DEAD.
Redemption Centers are active. Gold-backed currency is (allegedly) here.
Read full post here: https://dinarchronicles.com/2025/05/09/restored-republic-via-a-gcr-update-as-of-may-9-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Walkingstick [Iraqi banking friend Aki update] WALKINGSTICK: Where are the lower notes? AKI: They're at the CBI. You know that. Walkingstick: He suggested they're also in the ATM machines.
Frank26 Article: "An Iraqi politician suggested to Al-Sudani that he invite Trump to the Baghdad summit." Quote: "President Trump's visit to the Middle East presents valuable opportunities for the Sudanese government to capitalize on by affirming its policy of distancing itself from regional axes and Iranian dependence." He's coming IMO!
Militia Man Advisers from Sudani...those folks are the real source...They may not be giving you the whole picture...because the Central Bank of Iraq can't always tell you exactly what they're going to do. But they give you education...all the way through the process but the last thing they're ever going to do is tell you, 'We're going to revalue the currency tomorrow at 10:00 in the morning or anything like that. They're just not.
************
US Dollar Drops 9% as Trump Pushes for Inflation and Fed Alerts Stagflation is here
Lena Petrova: 5-8-2025
The US dollar has taken a significant hit, tumbling 9% against a basket of major currencies amidst a confluence of factors: President Trump’s apparent push for inflation and growing concerns, highlighted by a recent Federal Reserve alert, that the US economy may be entering a period of stagflation.
The dramatic drop in the dollar reflects a loss of confidence in the US economy and its currency. President Trump’s rhetoric and reported policies seem to prioritize aggressive economic growth, even at the expense of higher inflation. This stance, while potentially aimed at boosting short-term economic indicators, raises concerns about the long-term value of the dollar.
The combination of a deliberate push for inflation and the potential for stagflation creates a perfect storm for a weakening dollar. Investors are increasingly concerned about the long-term health of the US economy and are seeking safer havens for their capital. This capital flight further exacerbates the dollar’s decline.
The coming months will be critical in determining whether the US can navigate the challenges of inflation and potential stagflation and restore confidence in the dollar. Investors and consumers alike will need to stay informed and adapt to the evolving economic landscape.
Seeds of Wisdom RV and Economic Updates Friday Morning 5-9-25
Good Morning Dinar Recaps,
GENIUS Stablecoin Bill Fails Initial Senate Vote Amid Partisan Tensions
▪️The GENIUS Act, aimed at regulating stablecoins, failed its first cloture vote in the Senate with a 49-48 tally; Senator Thune changed his vote to "no" to allow future reconsideration.
▪️Democrat Senators, joined by Republicans Hawley and Paul, blocked the motion, citing the need for more time to educate lawmakers and improve the bill’s language.
▪️Senator Ruben Gallego acknowledged bipartisan progress on the bill and called for a delay until Monday, but the request was blocked—likely by Senator Warren.
Good Morning Dinar Recaps,
GENIUS Stablecoin Bill Fails Initial Senate Vote Amid Partisan Tensions
▪️The GENIUS Act, aimed at regulating stablecoins, failed its first cloture vote in the Senate with a 49-48 tally; Senator Thune changed his vote to "no" to allow future reconsideration.
▪️Democrat Senators, joined by Republicans Hawley and Paul, blocked the motion, citing the need for more time to educate lawmakers and improve the bill’s language.
▪️Senator Ruben Gallego acknowledged bipartisan progress on the bill and called for a delay until Monday, but the request was blocked—likely by Senator Warren.
▪️Concerns over Trump's crypto ties, including a $2B transaction involving the Trump family stablecoin USD1 and a UAE firm, have increased Democrat resistance.
▪️Senator Thune accused Democrats of obstruction, saying the bill had already undergone six revisions and bipartisan committee support.
@ Newshounds News™
Source: Ledger Insights
~~~~~~~~~
SEC Commissioner Peirce Proposes Flexible Framework for Tokenized Securities
▪️ SEC Commissioner Hester Peirce unveiled a proposal for a regulatory exemption framework to test tokenized securities, aiming to balance innovation with investor protection.
▪️ The proposed framework would create a sandbox-like environment, allowing firms to issue, trade, and settle tokenized assets using blockchain under controlled conditions.
▪️ Conditions include anti-fraud compliance, detailed disclosures (including smart contract risks), financial safeguards, SEC oversight, and trading volume limits.
▪️ Peirce emphasized the need for scalable, sensible regulation to reverse the 20-year decline in public listings and ensure the U.S. remains competitive in capital markets.
▪️ The initiative, inspired by global regulatory sandboxes, seeks feedback and could evolve with the maturity of tokenized markets.
@ Newshounds News™
Source: Bitcoin News
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
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“Tidbits From TNT” Friday Morning
TNT:
Tishwash: A new digital gateway: Iraq launches first unified telecom transit route
Iraq has signed a strategic transit agreement with DIL Technology, a Kurdish-licensed firm, to enable seamless data flow across its territory.
The deal, finalized on Thursday by the Ministry of Communications, marks the first time Iraq presents a unified telecom front to international companies. It streamlines the process of transmitting data through the country, eliminating the need for companies to negotiate separately with federal and Kurdish entities.
Hayam Al-Yasiri, the Minister of Communications, said the agreement boosts Iraq’s potential as a secure and efficient alternative to unstable maritime routes, especially amid rising concerns from global telecom providers over regional disruptions.
TNT:
Tishwash: A new digital gateway: Iraq launches first unified telecom transit route
Iraq has signed a strategic transit agreement with DIL Technology, a Kurdish-licensed firm, to enable seamless data flow across its territory.
The deal, finalized on Thursday by the Ministry of Communications, marks the first time Iraq presents a unified telecom front to international companies. It streamlines the process of transmitting data through the country, eliminating the need for companies to negotiate separately with federal and Kurdish entities.
Hayam Al-Yasiri, the Minister of Communications, said the agreement boosts Iraq’s potential as a secure and efficient alternative to unstable maritime routes, especially amid rising concerns from global telecom providers over regional disruptions.
The newly integrated corridor stretches from the southern port of Al-Faw to the northern border at Ibrahim Khalil border crossing, forming a continuous fiber-optic network under centralized oversight.
The agreement, according to Al-Yasiri, not only enhances Iraq’s appeal to international partners but also supports long-term revenue generation and digital sovereignty.
DIL Technology, which maintains infrastructure across Iraq’s border crossings, will serve as the technical facilitator under the federal ministry’s authority. link
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Tishwash: Improvement or temporary truce? The dollar's decline sparks hope in the Iraqi street.
At a time of volatile market conditions and turmoil in citizens' pockets, the decline in the dollar exchange rate offers a glimmer of hope amid the darkness of the economic crises that have long exhausted Iraqis. Many families breathed a sigh of relief after seeing prices drop slightly, and many merchants felt a sense of reassurance as they reassessed their accounts in hopes of stability. But behind this sudden decline lie questions that are even bigger than the numbers: Is this a real improvement or merely a temporary truce?
Iraqis, tired of the dollar's rise and fall, are now viewing this decline with caution, watching the small details behind the big decisions. Amid this atmosphere, economic researcher Mustafa Hantoush, commenting today, Thursday (May 8, 2025), dotted the i's and crossed the t's.
Hantoush told Baghdad Today, "Trade with Iran, and with the ongoing talks between Iraq and the United States, has become less of a concern. Now, the Central Bank has moved to fill up $5,000, which has eased the pressure on the parallel market."
He added, "If the monopoly with Iran, the issue of travelers to sanctioned countries, and the monopoly of competition between banks are addressed, the exchange rate will return and stabilize at 1,350 dinars. But if they are not addressed, prices will remain volatile, and the decline will remain temporary."
The dollar exchange rate against the dinar recorded a new decline in local markets in Iraq today, Thursday (May 8, 2025).
A Baghdad Today correspondent said that the dollar exchange rate reached 142,000 dinars per $100 on the Al-Kifah and Al-Harithiya stock exchanges, while the selling price was 143,000 dinars per $100.
He pointed out that the purchasing price at exchange offices in local markets in Iraq is 141,000 dinars for $100. link
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Tishwash: The dollar's exchange rate is stabilizing towards its target: adaptation or adjustment?
Dr. Haitham Hamid Mutlaq Al-Mansour
It became clear in the period from last April until this May that the dollar exchange rate in Iraq began to stabilize, declining towards the (official) target level. Therefore, a question may be raised in this context: Is this stability the result of “adaptation” or “adaptation”?
To answer this question, we examine the reality of monetary policy measures that strengthened the foreign exchange signal's response to the downward trend, which can be described in the following paragraphs:
1. The Central Bank's restrictive policy of controlling dollar sales to banks through transparency measures for transfers of unclear origin aimed at combating smuggling. This increased the official supply and eased pressure on the exchange rate.
2. The effectiveness of monetary policy in financing foreign trade through highly rated correspondent banks, within the framework of the US Treasury and Federal Reserve's conditions. This is in addition to the trend toward settlement in euros, yuan, and UAE dirhams, which has facilitated remittance transactions in our trade with China, Turkey, and the UAE.
3. Added to this is the decline in demand for the dollar due to the increased level of banking compliance with international conditions on dollar transfers to prevent their smuggling to Iran, Syria, and Turkey via Iraq. As a result, suspicious transfers have decreased, and illicit demand for dollars has declined, contributing to the stability of the dollar exchange rate.
4- The effectiveness of the Central Bank’s foreign reserves management to compensate for the decline in the dollar supply in the parallel market, thus curbing the exchange rate towards the target.
5- The effectiveness of the inflation targeting policy led to a slowdown in the rise in the general price level (inflation) in Iraq, which limited the phenomenon of dollarization and raised the real value of the dinar.
6- Decline in speculation in the parallel market. Following the regulatory measures, the activity of unlicensed money changers and speculators who artificially raised prices declined.
7- The effectiveness of financing travelers in dollars through the official rate using payment cards at reduced costs and at the official exchange rate of 1320 dinars per dollar, in addition to collecting cash dollars through Iraqi airports, in the amount of 3000 dollars at the official rate for each traveler per month who carries an electronic payment card.
8- External international factors related to a general weakness in purchasing power in global markets and a decline in stocks, which caused a decline in the value of the dollar and a rise in gold, leading to a decline in demand for it globally and locally.
From the above-mentioned reasons, we find that exchange rate stability, despite its importance as a short-term objective of monetary policy, was achieved through “adjustment,” i.e., a short-term price adjustment trend resulting from short- or medium-term measures and treatments for exchange rate fluctuations. The aim was to restore temporary economic equilibrium without changing the basic structure of the economy and without deep-rooted long-term policies, which reduces the effectiveness of targeting the exchange rate at the long-term target level. Stability could have been achieved as a result of long-term structural “adjustment” by following long-term policies as follows:
1- Decrease in demand for the dollar due to the availability of agricultural or industrial GDP revenues as a substitute for imports.
2- Improvement in the balance of payments thanks to non-oil agricultural and industrial exports.
3- Structurally reforming the banking system and activating the role of monetary tools, especially the interest rate structure, in a way that restores the overall balance to its natural state without a split between what is real and what is monetary.
4. Reducing rentierism by diversifying the economy through allocating resources based on foreign trade to generate national surplus value. The result: more sustainable stability, as the economy becomes less dependent on external factors.
If the current balance remains in place, the dollar supply will still be vulnerable to depletion within a year of imports if oil exports cease due to wars and threats, for example, or if the economy is exposed to similar external shocks. Furthermore, reliance on reserve management and other stringent measures will not be sufficient to ensure long-term exchange rate stability.
In conclusion, while ensuring that the exchange rate stabilizes near its target level is a significant achievement for monetary policy, the absence of structural reforms, economic diversification, improving the business environment, combating corruption, and other factors will make any exchange rate stability vulnerable to reversal, particularly with oil price fluctuations, political crises, and external shocks. This underscores the importance of planning for long-term structural adjustment at the macroeconomic policy level. link
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Mot: Corn syrup season is here!!!!!
States To Defend People's Gold & Silver | Andy Schectman
States To Defend People's Gold & Silver | Andy Schectman
Liberty and Finance: 5-8-2025
In this livestream Q&A, Miles Franklin CEO & President Andy Schectman explores the growing grassroots movement of states pushing back against federal monetary control and defending the constitutionally protected right to sound money.
As inflation and financial instability escalate, more states are stepping up to assert their sovereignty and protect their citizens from the consequences of decades of reckless fiscal policy.
Schectman discusses whether this movement could mark a turning point in the battle against the financial tyranny imposed since the Fed’s creation in 1913.
States To Defend People's Gold & Silver | Andy Schectman
Liberty and Finance: 5-8-2025
In this livestream Q&A, Miles Franklin CEO & President Andy Schectman explores the growing grassroots movement of states pushing back against federal monetary control and defending the constitutionally protected right to sound money.
As inflation and financial instability escalate, more states are stepping up to assert their sovereignty and protect their citizens from the consequences of decades of reckless fiscal policy.
Schectman discusses whether this movement could mark a turning point in the battle against the financial tyranny imposed since the Fed’s creation in 1913.
As inflation continues to bite and financial uncertainty looms large, a quiet revolution is brewing across the United States. A growing grassroots movement of states is pushing back against the long-standing grip of the federal government on monetary policy, asserting their sovereignty and defending the constitutionally protected right to sound money.
In a recent interview with Liberty and Finance, Miles Franklin CEO & President Andy Schectman delved into this burgeoning movement, exploring its potential to reshape the financial landscape. Could this be the turning point in the fight against the financial tyranny that, according to Schectman and many others, has been imposed since the Federal Reserve’s creation in 1913?
For decades, Americans have witnessed the erosion of their purchasing power as the Fed has printed money at will, fueling inflation and devaluing the dollar. Now, fueled by growing discontent, states are taking matters into their own hands, exploring alternative currencies, challenging tax laws related to precious metals, and demanding greater transparency in monetary policy.
Schectman highlights the significance of this movement. He argues that these states are not just reacting to the immediate pressures of inflation and financial instability, but are also asserting their constitutional rights.
The Constitution grants Congress the power to coin money and regulate its value, a power that many believe has been unlawfully delegated to the Federal Reserve.
The states are employing various strategies to reclaim control over their financial destiny.
Some are working to exempt gold and silver from state sales taxes, effectively recognizing precious metals as legitimate forms of currency. Others are exploring the feasibility of establishing state-backed digital currencies or alternative payment systems.
This movement is not just about economics; it’s about liberty and the future of American sovereignty. By challenging the Fed’s monopoly on money, these states are implicitly challenging the federal government’s overreach and demanding accountability from elected officials.
The fight for sound money and financial freedom is a long and challenging one. But the growing grassroots movement of states pushing back against federal monetary control offers a glimmer of hope.
By working together, Americans can demand accountability from their elected officials and reclaim control over their financial destiny, securing a more prosperous and stable future for themselves and their nation.
This movement, as Schectman suggests, could be the key to unlocking a new era of financial independence and limited government, paving the way for a return to the principles of sound money and individual liberty.
Seeds of Wisdom RV and Economic Updates Thursday Afternoon 5-8-25
Good Evening Dinar Recaps,
MISSOURI BILL ENDING CAPITAL GAINS TAX HEADS TO GOVERNOR FOR SIGNATURE
Missouri will become the first US state to eliminate the levy if Governor Mike Kehoe signs the bill into law.
Missouri House Bill 594, a bill that would eliminate capital gains tax in the state, has passed a vote in the House of Representatives and now heads to the governor’s desk.
Good Evening Dinar Recaps,
MISSOURI BILL ENDING CAPITAL GAINS TAX HEADS TO GOVERNOR FOR SIGNATURE
Missouri will become the first US state to eliminate the levy if Governor Mike Kehoe signs the bill into law.
Missouri House Bill 594, a bill that would eliminate capital gains tax in the state, has passed a vote in the House of Representatives and now heads to the governor’s desk.
According to attorney Aaron Brogan, the bill stipulates a 100% income tax deduction for any capital gains income because Missouri’s tax code does not explicitly distinguish between capital gains and income tax.
Brogan compared the bill’s structure to the federal SALT deduction, but called it “the inverse, which I have never seen before.”
The bill’s timing is notable as it follows proposals from President Donald Trump to overhaul the federal income tax system through comprehensive reform.
Trump proposes eliminating federal income tax in the United States
Trump has proposed offsetting or eliminating federal income tax, replacing it with revenue from import tariffs.
“When Tariffs cut in, many people’s income taxes will be substantially reduced, maybe even completely eliminated… The focus will be on people making less than $200,000 a year,” Trump wrote on April 27 via Truth Social.
He added this would incentivize factory jobs to return to the US by avoiding import duties on finished products.
However, market reaction has been overwhelmingly negative:
Stock markets lost trillions following tariff announcements.
Crypto markets shed hundreds of billions in value.
Bond yields spiked, signaling investor flight from US debt.
@ Newshounds News™
Source: CoinTelegraph
~~~~~~~~~
COINBASE ACQUIRES CRYPTO DERIVATIVES EXCHANGE DERIBIT FOR $2.9 BILLION
Today Coinbase confirmed it has agreed to acquire Deribit, the largest crypto options exchange, for $2.9 billion, including $700 million in cash with the balance in stock.
Deribit may not be the number one overall in crypto derivatives, but it is the world leader in crypto options. It currently has more than $30 billion in open interest. Coinbase already has a derivatives subsidiary, which is particularly active in perpetual futures, so Deribit complements this well. The acquirer claims the combination will make it the derivatives market leader.
“We’re excited to join forces with Coinbase to power a new era in global crypto derivatives,” said Deribit CEO Luuk Strijers. “As the leading crypto options platform, we’ve built a strong, profitable business, and this acquisition will accelerate the foundation we laid while providing traders with even more opportunities across spot, futures, perpetuals, and options – all under one trusted brand.”
Beyond market position, Coinbase highlighted financial benefits, noting that Deribit will help to even out its earnings by diversifying revenue streams because options earnings are less cyclical compared to spot.
Deribit was founded in the Netherlands but operated out of Panama for several years, before moving recently to Dubai. A key driver was to provide regulatory certainty to its institutional clients, which make up 80–90% of its client base.
The transaction is expected to close by the end of the year, subject to regulatory approvals.
@ Newshounds News™
Source: Ledger Insights
~~~~~~~~~
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Gold Can be Used to Rebalance the Global Economy Without a World War
Luke Gromen: Gold Can be Used to Rebalance the Global Economy Without a World War
Palisades Gold Radio: 5-8-2025
Tom welcomes back Luke Gromen of Forest For The Trees back to the show. The discussion delves into complex economic and geopolitical dynamics, focusing on how global powers might navigate a transition away from the dollar-based system towards a neutral reserve asset like gold.
He begins by highlighting that the current dollar-centric system is unsustainable due to high deficits and debt levels. A potential solution, he suggests, involves using gold as a neutral reserve asset, which would allow commodities to be priced in multiple currencies and facilitate trade settlements.
Luke Gromen: Gold Can be Used to Rebalance the Global Economy Without a World War
Palisades Gold Radio: 5-8-2025
Tom welcomes back Luke Gromen of Forest For The Trees back to the show. The discussion delves into complex economic and geopolitical dynamics, focusing on how global powers might navigate a transition away from the dollar-based system towards a neutral reserve asset like gold.
He begins by highlighting that the current dollar-centric system is unsustainable due to high deficits and debt levels. A potential solution, he suggests, involves using gold as a neutral reserve asset, which would allow commodities to be priced in multiple currencies and facilitate trade settlements.
This shift could create a more balanced and resilient global economic framework.
Moving on to geopolitical implications, Gromen notes that the conflict in Ukraine has underscored the limitations of conventional military strategies, shifting the balance of power dynamics. He points out that countries like Russia and China are driving efforts to move away from the dollar system, which necessitates a new economic framework.
This transition is not just an economic shift but also a significant geopolitical realignment. Luke emphasizes the importance of incentives for avoiding direct military confrontation with major powers.
He explains that such conflicts are strategically unwise due to nuclear deterrence and the deep interdependence of economies. Instead, he argues that negotiating a new economic order aligns with long-term strategic interests and avoids the catastrophic consequences of war.
Drawing on historical context, Mr. Gromen observes that the post-World War II debt-based economy is nearing its limits, making it imperative to return to a more sustainable model.
He suggests that transitioning to gold as a reserve asset could reboot global economies, fostering stability and growth without resorting to conflict.
This approach not only addresses current economic challenges but also positions nations for future prosperity.
Time Stamp References:
0:00 - Introduction
0:55 - Tariffs & China's Response
5:52 - Trade Disruption & Inflation
8:26 - Inflation & Real Rates
10:35 - Bessent Put & Move Index
12:26 - Treasury Auction Thoughts
16:45 - W. Buffett Cash Reserve
22:14 - Inv. Funds and Mandates
23:53 - News Cycle/Gold Theory
31:00 - Chinese Fin. Officials
34:46 - Large U.S. Gold Imports
40:48 - Official Denial/Confirm
44:44 - Revaluing Gold Reserves
48:28 - Gold Backed Treasuries?
51:49 - Gold Pricing Cui Bono
54:17 - Oil/Dollar Scenarios
1:02:03 - Russia/Saudi & Oil Mkts.
1:03:39 - Economics & Derisk. Conflict
1:14:53 - Incentives & Ukraine
1:17:17 - End of Debt as Assets Era
1:21:30 - Wrap Up
“Bits and Pieces” in Dinarland Thursday PM 5-8-2025
Robinhood Just Bought Bitstamp for $200 Million
589bull: 5-8-2025
ROBINHOOD JUST BOUGHT BITSTAMP FOR $200M.
Bitstamp is RippleNet royalty.
One of the oldest, most compliant exchanges on Earth.
Deep ODL integration.
XRP liquidity hub.
Licenses in 50+ jurisdictions.
Robinhood Just Bought Bitstamp for $200 Million
589bull: 5-8-2025
ROBINHOOD JUST BOUGHT BITSTAMP FOR $200M.
Bitstamp is RippleNet royalty.
One of the oldest, most compliant exchanges on Earth.
Deep ODL integration.
XRP liquidity hub.
Licenses in 50+ jurisdictions.
And they sold for $200M?
Yeah… nah. That’s strategic positioning, not price discovery.
Bitstamp gives Robinhood:
• Global rails
• Institutional client access
• Staking & lending backend
• XRP corridors already operational
That’s a reset utility node acquisition.
Robinhood isn’t the real player here. Look deeper.
You’re watching a handoff:
Regulators.
Treasury-friendly players.
Backdoor access to Ripple corridors.
This wasn’t a buyout. It was a chess move.
Ask yourself this:
If Bitstamp’s so critical to XRP flow… Why would they sell now?
Simple: The reset is coming online.
Control over the pipes matters more than control over the coins.
You don’t need to own XRP to control XRP. Own the rails. Own the exchanges. Own the gateways.
Robinhood just became a gatekeeper. And they got it for pennies. You’re watching financial infrastructure consolidate.
They just bought the bridge. And now they’re tolling it.
Source(s):
https://x.com/589bull10000/status/1920160624979415310
https://dinarchronicles.com/2025/05/08/589bull-robinhood-just-bought-bitstamp-for-200-million/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man It's not the central bank's job to tell you when a revaluation is going to happen. They're not going to tell you what rate it's going to be. There could be indicators...Let them do what they do. The cool part is we can see they are moving towards a digitalization of the government, borders and what they talked about launching, a digital dinar. And we have the IMF talking about them using dinar in foreign transfers. Let that sink in.
Frank26 Article: "Trump teases 'very, very big announcement' ahead of Middle East trip, Carney says he's 'on edge of my seat'" This announcement may be related to the Iraqi dinar...Now he may go to Baghdad. This is seriously swelling up for a reason, a purpose. Let's see what it turns out to be. Let's see what his announcement is...It's either about Iran or Iraq. That's what's on his mind, to play fair with the American currency...It's either Iraq or Iran and you know something? ...I'll take either one!
Mnt Goat When the new rate for the Iraq dinar is reinstated on FOREX it will happen to the entire world all at once no matter what time zone...There will be no insider trading. When FOREX opens it opens...There are no such “tiers” for exchanging nor “redemption” centers...We We will be conducting a simple currency exchange at the bank.
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CENTRAL BANK COLLAPSE IMMINENT! Rafi Farber's MUST-SEE 2025 Gold & Silver Price PREDICTION!
5-7-2025
When is the next silver squeeze going to happen? What will happen to the silver price? Is central bank collapse imminent? Rafi Farber joins us to discuss gold & silver prices that are set to skyrocket!
Bail-In Risk Rises as Shadow Banks Hit 49% of Global Assets
Taylor Kenny: 5-8-2025
Shadow banking, hedge funds, and extreme leverage—a $250 trillion risk hiding outside traditional regulation. Taylor Kenney exposes how unaccountable private equity firms are gambling with your savings, and what happens when these hidden risks come crashing down. Discover why the next financial crisis may already be unfolding in the shadows.
News, Rumors and Opinions Thursday 5-8-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR Update as of Thurs. 8 May 2025
Compiled Thurs. 8 May 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Tues. 6 May 2025 A small bank in Alabama has suspended services from Thurs. 8 May to Mon. 12 May saying customers will then be able to access a new digital platform. …Jordan Clark on X
Tues. 6 May 2025 The Big Call Bruce: A High up source with Wells Fargo said Tier4b (us, the Internet Group) could (allegedly) get 800s sometime between now and Thurs. 8 May 2025 and then immediately begin our appointments.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR Update as of Thurs. 8 May 2025
Compiled Thurs. 8 May 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Tues. 6 May 2025 A small bank in Alabama has suspended services from Thurs. 8 May to Mon. 12 May saying customers will then be able to access a new digital platform. …Jordan Clark on X
Tues. 6 May 2025 The Big Call Bruce: A High up source with Wells Fargo said Tier4b (us, the Internet Group) could (allegedly) get 800s sometime between now and Thurs. 8 May 2025 and then immediately begin our appointments.
Increases in SS payments to (allegedly) go out during May. Redemption Centers to be (allegedly) open through the end of this month of May. If you have Zim and were unable to redeem it in May, Wells Fargo will be able to redeem it in June. If you have Zim and have a project you can still get the Contract Rate on Dinar, but you have to ask for it.
Tues. 6 May 2025, A2Z DreamZ: Vietnam has (allegedly) already started their revaluation process on the Dong. On Mon. 5 May Sudani had a meeting with heads of all banks. The following morning Tues. 6 May at 7 am Baghdad time a text was(allegedly) sent out telling people to bring in their Dinar to the Banks for a higher guaranteed purchasing power rate. This caused traffic jams and lines on the streets to form. On Tues. 6 May my policeman friend in Baghdad confirmed that a neighbor went to his bank with a suitcase of Dinar. He (allegedly) came home with a new Mastercard that would be active on the morning of Thurs. 8 May.
~~~~~~~~~~~~~~~~
Global Currency Reset:
Wed. 7 May 2025 Gold Signaling a Financial Reset is Upon us: https://dinarrecaps.com/our-blog/gold-is-signaling-a-financial-reset-is-upon-us
Wed. 7 May 2025: Iraqi Dinar to $6.9 +? Final Revaluation Window Leaked by Bank Insider! Forex News Iraqi Dinar – YouTube
Wed. 7 May 2025: Forex on Fire: Dinar Stuns at $4.04, Dong Surges to $2.06 – A New Era Begins! Iraqi Dinar
Wed. 7 May 2025: Vietnam Dong BREAKOUT Begins! VND Exchange Rate Surging Fast in 2025 – Revaluation Imminent?
Wed. 7 May 2025: Wells Fargo Confirms Revaluation: IQD and VND Set to Soar – Massive Win for Investors – Iraqi Dinar
Wed. 7 May 2025: Dinar & Dong Holders: Get Ready for the May 7th Currency Shift! Iraqi dinar news today 2025
Wed. 7 May 2025: Vietnamese Dong SHOCKS the World Overnight! | Massive VND Revaluation Explained
Read full post here: https://dinarchronicles.com/2025/05/08/restored-republic-via-a-gcr-update-as-of-may-8-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 We have learned once again that Alaq has admitted from last year that they are lifting the value from the currency by removing the zeros from their exchange rate. He admitted it to the citizens and to the world that they are lifting the 3-zeros and adding purchasing power to the currency. Will it be this year or next year? I believe it will be this year...I don't know...but it is now a fact of Iraq's life that they are lifting the 3-zeros from their exchange rate to add value to their currency.
Fnu Lnu They have one shot to pull this off and I assure you they will not squander it...We will have an RV but the entirety of the geo-political world are in a tizzy and it is not going to get better for a while. If Trump is as smart as people believe him to be, he will successfully rearrange the global markets and pull a reset almost unimaginable. It's about time someone had the huevos to do what has been needing to be done for most of my rather long life.
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Fed Is Missing the Recession – Massive Policy Error Ahead | Danielle DiMartino Booth
Kitco News: 5-7-2025
The Federal Reserve held rates steady at 4.25%–4.50%, but Chair Jerome Powell admitted he doesn't know which threat will hit harder — rising inflation or surging unemployment.
Danielle DiMartino Booth, CEO of QI Research and former Fed advisor, joins Jeremy Szafron to break down why she believes the Fed is missing clear signs of recession and a credit crunch already hitting Main Street.
In this high-impact post-FOMC interview, DiMartino Booth warns that bankruptcies are accelerating, job losses are looming, and the Fed is too reliant on lagging data.
She also responds to speculation about the Fed buying Treasuries and unpacks how China’s massive stimulus package may complicate U.S. monetary policy.
Key Topics:
-Powell’s admission the Fed is flying blind
-Why the soft data says recession is already here
-Surge in corporate and household bankruptcies
-Breakdown of the Fed’s balance sheet runoff and Treasury buying rumors
-China’s new $130B stimulus: What it signals and how it could spill into U.S. markets
-The real risks of a policy mistake if the Fed waits until Q3 to cut