
Thank you to all the subscribers to our Early Access program…we thank you for your continued support.
We are excited to offer this new service to keep you informed and up-to-date on the latest Dinar and currency news.
Seeds of Wisdom RV and Economic Updates Monday Morning 3-31-25
Good Morning Dinar Recaps,
CALIFORNIA INTRODUCES ’BITCOIN RIGHTS’ IN AMENDED DIGITAL ASSETS BILL
California Democrat Avelino Valencia has amended a money transmission bill to make Bitcoin and crypto rights a major focus, potentially benefitting the state’s 39.4 million residents.
A Californian lawmaker has just added Bitcoin and crypto investor protections to a February-introduced money transmission bill aimed at securing crypto self-custody rights for the US state’s nearly 40 million residents.
Good Morning Dinar Recaps,
CALIFORNIA INTRODUCES ’BITCOIN RIGHTS’ IN AMENDED DIGITAL ASSETS BILL
California Democrat Avelino Valencia has amended a money transmission bill to make Bitcoin and crypto rights a major focus, potentially benefitting the state’s 39.4 million residents.
A Californian lawmaker has just added Bitcoin and crypto investor protections to a February-introduced money transmission bill aimed at securing crypto self-custody rights for the US state’s nearly 40 million residents.
California’s Assembly Bill 1052 was introduced as the Money Transmission Act on Feb. 20, 2025, but was amended by Democrat and Banking and Finance Committee chair Avelino Valencia on March 28 to include several Bitcoin and crypto-related investor protections.
The amendments remove the term “Money Transmission Act,” renaming the legislation to “Digital Assets.”
“California often sets the national blueprint for policy, and if Bitcoin Rights passes here, it can pass anywhere,” Satoshi Action Fund CEO Dennis Porter said in a March 30 statement.
“Once passed, this legislation will guarantee nearly 40 million Californians the right to self-custody their digital assets without fear of discrimination.”
The bill would also deem the use of a digital financial asset as a valid and legal form of payment in private transactions and would prohibit public entities from restricting or taxing digital assets solely based on their use as payment.
The bill would also expand the scope of California’s Political Reform Act of 1974 to prohibit a public official from issuing, sponsoring or promoting a digital asset, security or commodity.
“A public official shall not engage in any transaction or conduct related to a digital asset that creates a conflict of interest with their public duties,” one section of the AB 1052 states.
AB 1052 is now in the “desk process” — meaning the bill has been formally introduced and is awaiting its first reading.
A total of 99 merchants currently accept Bitcoin payments in California, BTC Maps data shows.
Ripple Labs, Solana Labs and Kraken are among the largest crypto firms based in California.
A stablecoin-related bill was also introduced in California on Feb. 2, 2025, which aims to provide more clarity over stablecoin collateral requirements, liquidation processes, redemption and settlement mechanisms requirements and security audits.
Bitcoin-related bills and measures near 100 at the US state level
According to Bitcoin Law, 95 Bitcoin-related bills or measures have been introduced at the state level in 35 states, including 36 Bitcoin reserve bills that are still live.
The Texas Senate passed a Bitcoin strategic reserve bill in a 25-5 vote on March 6, while Kentucky Governor Andy Beshear signed a Bitcoin Rights bill into law on March 24.
Earlier this month, US President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve and a Digital Asset Stockpile, both of which will initially use cryptocurrency forfeited in government criminal cases.
@ Newshounds News™
Source: Cointelegraph
~~~~~~~~~
JAPAN EYES GIVING CRYPTO ASSETS LEGAL STATUS: REPORT
Japan plans to reclassify cryptocurrencies as financial products and implement insider trading restrictions similar to those for traditional financial markets, Nikkei reported Sunday.
For these changes, Japan's Financial Services Agency (FSA) is looking to submit legislation to its parliament as early as 2026, following closed-door consultations with industry experts.
The proposed changes would revise the Financial Instruments and Exchange Act, positioning digital assets differently from securities while acknowledging their investment characteristics.
While specific criteria on the restriction remain under consideration, Nikkei reports that those would likely "resemble" what's already in place for "conventional financial products."
Japan's Financial Instruments and Exchange Act regulates securities and financial instruments categorizing them as either traditional, "Paragraph I Securities" (like bonds and shares) or "Paragraph II Securities" (including trust interests and partnership stakes).
The Act establishes distinct regulatory requirements for public offerings versus private placements, with public offerings generally requiring securities registration statements and continuous reporting.
Meanwhile, collective investment schemes, which proof-of-stake chains could fall under, are used for real estate securitization in Japan. Those face operator registration requirements with specific exemptions only available for qualified institutional investors.
The regulatory shift comes as Japan opens up to crypto adoption, establishing new frameworks and acknowledging how crypto has expanded its use cases from payments to investments and more, urging regulators to redefine how they oversee the sector.
Crypto investments are taxed "up to 55%" in the country, while financial products such as ETFs "face only 20% capital gains tax," Tiger Research senior research analyst Jay Jo told Decrypt.
With better safety measures and if lowered alongside how financial products are treated, this could "attract more institutions to crypto investments," Jo said.
Late last year, Japanese lawmakers urged their regulators to pursue a National Bitcoin Reserve. The country is also home to Metaplanet, a Bitcoin treasury company that has acquired 3,350 BTC so far with plans to add more.
@ Newshounds News™
Source: Decrypt
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Seeds of Wisdom RV and Economic Updates Sunday Afternoon 3-30-25
Good Afternoon Dinar Recaps,
UK FREEZES MILLIONS IN CRYPTO SINCE IMPLEMENTING NEW POWERS
According to an investigation by MailOnline, UK authorities have frozen approximately £6 million ($7.7 million) in crypto since new enforcement powers came into effect last year.
The measures, introduced in April 2024, allow police, law enforcement agencies, and HMRC to freeze suspicious cryptocurrency wallets for up to three years.
Court documents reviewed over the past six months reveal the largest single freezing order was for £1.5 million worth of cryptocurrency held in a wallet hosted by US-based exchange Coinbase.
Good Afternoon Dinar Recaps,
UK FREEZES MILLIONS IN CRYPTO SINCE IMPLEMENTING NEW POWERS
According to an investigation by MailOnline, UK authorities have frozen approximately £6 million ($7.7 million) in crypto since new enforcement powers came into effect last year.
The measures, introduced in April 2024, allow police, law enforcement agencies, and HMRC to freeze suspicious cryptocurrency wallets for up to three years.
Court documents reviewed over the past six months reveal the largest single freezing order was for £1.5 million worth of cryptocurrency held in a wallet hosted by US-based exchange Coinbase.
HMRC requested this order and issued it at Newcastle Upon Tyne Magistrates’ Court on March 18.
The total frozen amount could be higher, as court data from Courtsdesk only covers the past six months due to legal restrictions. The new powers were designed to address the growing use of digital currencies for money laundering, tax evasion, and terrorism financing.
Legal expert says £6 million is a modest amount
Legal experts offer differing perspectives on the importance of these seizures. Nick Barnard, a cryptocurrency legal specialist and partner at Corker Binning, described the £6 million figure as relatively modest “in the grand scheme.” Barnard noted that the new enforcement regime started from scratch last April and needs time to develop fully.
However, lawyer Siobhain Egan told MailOnline that the government is directing increased resources toward freezing cryptocurrency assets. This is part of an aggressive strategy to combat money laundering and terrorism financing, Egan adds.
The freezing process usually involves investigators applying for orders without notifying the alleged criminals. This prevents them from moving Bitcoin or other crypto.
“If police have a major investigation into organized criminals laundering money through crypto, they will go in and seize the assets before they finalize the investigation,” Egan explained.
The UK government is improving its cryptocurrency enforcement actions through the Crime and Policing Bill. The legislation includes provisions for valuing cryptocurrency, implementing procedures for courts to recover illicit funds, and granting the Crown Court expanded powers to issue seizure orders.
@ Newshounds News™
Source: Crypto News
~~~~~~~~~
BRICS TO GREENLIGHT CROSS-BORDER PAYMENT SYSTEM TO COUNTER US DOLLAR?
One of the biggest storylines to develop this year has been the ongoing turmoil between the West and the global south. Since his arrival, US President Donald Trump has targeted the group in an effort to end its de-dollarization plans. However, those may be set to take a step forward as the BRICS are lining up a new cross-border payment system that could counter the US dollar.
The bloc has continued to stand by its hopes of diversifying global finance. Although it has not targeted the greenback directly, its moves have sought to lessen reliance on the currency as a global reserve asset. Now, their latest plan may be forwarding that effort, and Trump’s interpretation could have massive ramifications.
BRICS to Launch Cross-Border Payment System: How Will Trump Respond?
At the start of the year, US President Donald Trump threatened BRICS nations with 150% tariffs. Specifically, the move was seeking to counter its promotion of local currencies. This was primarily driven by that promotion, resulting in a lessening of the US dollar’s status.
Although the bloc has capitulated since the warning was issued, things may be changing. Indeed, the BRICS bloc may be nearing a green light for a cross-border payment system that could affect US dollar reliance. Now, all eyes are on what that could mean for the greenback and how Trump will respond.
According to a recent report, Russian Finance Minister Anton Siluanov discussed the development of the payment system on Friday. “At the BRICS platform, we are considering our various financial innovations,” he said.
Moreover, he added that this includes “a cross-border payment system, which can be based, in addition to bilateral settlements, on national currencies, taking into account digital technologies and digital financial assets.”
That highlights the system to be critically focused on alternative currencies to the US dollar. Moreover, that pursuit is nothing new to the BRICS members. It has long been subjected to harsh Western sanctions and has since sought to settle trades in alternative currencies. With the rising prominence of crypto, that could also be used in this new payment platform.
It will likely do what similar BRICS projects have done in the past: provide a key area of exploration for developing nations and align countries. It will threaten the US dollar, but not by much. The currency won’t be dethroned as the top global reserve asset. However, the question is now if President Trump will see it that way.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Seeds of Wisdom RV and Economic Updates Sunday Morning 3-30-25
Good Morning Dinar Recaps,
CFTC FREES CRYPTO DERIVATIVES FROM EXTRA SCRUTINY
Crypto advocates scored big as the CFTC scrapped a directive singling out digital asset derivatives, easing scrutiny and marking a sharp split among U.S. regulators.
Barriers Drop—CFTC’s Crypto Retreat Sets Stage for Relentless Upside
Another win for crypto supporters arrived March 28 when the Commodity Futures Trading Commission (CFTC) announced that its Division of Clearing and Risk (DCR) has withdrawn Staff Advisory No. 23-07, a directive that had previously signaled increased regulatory scrutiny for digital asset derivatives.
Good Morning Dinar Recaps,
CFTC FREES CRYPTO DERIVATIVES FROM EXTRA SCRUTINY
Crypto advocates scored big as the CFTC scrapped a directive singling out digital asset derivatives, easing scrutiny and marking a sharp split among U.S. regulators.
Barriers Drop—CFTC’s Crypto Retreat Sets Stage for Relentless Upside
Another win for crypto supporters arrived March 28 when the Commodity Futures Trading Commission (CFTC) announced that its Division of Clearing and Risk (DCR) has withdrawn Staff Advisory No. 23-07, a directive that had previously signaled increased regulatory scrutiny for digital asset derivatives.
The advisory, originally released May 30, 2023, had focused on the risks tied to the expansion of derivatives clearing organizations (DCOs) into digital asset markets, prompting concerns among industry stakeholders that crypto-based products would be singled out for tougher oversight.
The decision to pull the advisory took effect immediately. The CFTC explained the rationale behind its decision by referencing the accompanying withdrawal letter:
As stated in today’s withdrawal letter, DCR determined to withdraw the advisory to ensure that it does not suggest that its regulatory treatment of digital asset derivatives will vary from its treatment of other products.
Staff Advisory No. 23-07 had warned DCOs and applicants to anticipate closer scrutiny when introducing new business lines or clearing models involving digital assets. The advisory placed specific emphasis on compliance with system safeguards, management of operational risks, and rules surrounding the physical settlement of digital asset contracts.
Under the rescinded guidance, DCR had planned to focus reviews on areas such as cybersecurity, shared infrastructure between affiliated entities, and clear delineation of responsibilities in the case of physical delivery of digital assets.
The advisory also reminded DCOs to prepare for risk assessments tailored to the unique characteristics of digital products. While the withdrawal eliminates a standalone framework for digital asset clearing oversight, the CFTC noted it remains committed to maintaining robust standards while supporting “safe and sound, orderly, and fairly competitive clearing systems” through consistent regulation.
Meanwhile, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) have rescinded prior guidance that required banks to obtain regulatory approval before engaging in crypto-related activities. These efforts reflect a broader trend among U.S. financial regulators to reduce barriers and encourage responsible innovation in the digital asset space.
@ Newshounds News™
Source: Bitcoin News
~~~~~~~~~
TRUMP PLANS WHITE HOUSE VISIT FOR EL SALVADOR’S PRO-BITCOIN BUKELE
President Donald Trump is set to host El Salvador’s President Nayib Bukele at the White House in April.
The visit, reported by Bloomberg, follows Bukele’s agreement to detain hundreds of alleged Venezuelan gang members deported from the U.S., a move that aligns with Trump’s immigration enforcement agenda.
If finalized, Bukele will be the first leader from the Western Hemisphere to receive a formal White House visit under Trump’s administration. While no official date has been set, discussions are ongoing, and plans could change.
Bukele has actively courted Trump in recent months, positioning himself as a key regional ally on security and migration.
Bukele has drawn international attention for his strict crime policies, particularly his crackdown on gang violence, which has significantly reduced crime rates in El Salvador. His administration’s cooperation with U.S. deportation policies could further solidify his standing with Trump, who has made border security a top priority.
Bukele’s Bitcoin bet
Beyond security and migration, Bukele has made headlines for El Salvador’s bold embrace of Bitcoin Bitcoin. In 2021, his government made Bitcoin legal tender, positioning the country as a global experiment in cryptocurrency adoption.
The move has drawn mixed reactions, with supporters praising it as financial innovation and critics pointing to volatility and IMF concerns.
Bukele has remained a strong advocate for Bitcoin, using it to attract foreign investment and promote economic independence.
It is unclear whether Bitcoin will be a topic of discussion during his visit, but his meeting with Trump could signal potential shifts in U.S.-El Salvador financial relations.
@ Newshounds News™
Source: Crypto News
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Gold in Hyperdrive in Hyper-Levered House of Cards
Greg Hunter (w/ Bill Holter): Gold in Hyperdrive in Hyper-Levered House of Cards
USA Watchdog: 2-29-2025
Precious metals expert and financial writer Bill Holter has long said there is a long list of financial trouble coming to America.
DOGE (Department of Government Accountability) has put the financial reckoning for massive debt and fraud into hyperdrive.
Gold smells big trouble with another new record high just last week. Gold is in hyperdrive in an economic hyper-levered house of cards. Holter explains, “Gold is now considered a Tier 1 asset, but more importantly, gold cannot bankrupt.
Greg Hunter (w/ Bill Holter): Gold in Hyperdrive in Hyper-Levered House of Cards
USA Watchdog: 2-29-2025
Precious metals expert and financial writer Bill Holter has long said there is a long list of financial trouble coming to America.
DOGE (Department of Government Accountability) has put the financial reckoning for massive debt and fraud into hyperdrive.
Gold smells big trouble with another new record high just last week. Gold is in hyperdrive in an economic hyper-levered house of cards. Holter explains, “Gold is now considered a Tier 1 asset, but more importantly, gold cannot bankrupt.
I think big money is looking at the financial system and understanding that it is a hyper-levered house of cards or Ponzi scheme. Sovereign Treasuries from across the world can and, highly likely, will default in some cases.
Gold and silver cannot default. Gold and silver are money.
This fiat experiment started off with dollars, European currencies, the yen, etcetera. They were derivatives of gold. . . . They have had several suppression schemes to keep the price down, and they desperately have to keep the price of silver down because if silver runs, gold is going to follow.
High and rising gold process are basically a vote of no confidence by the international community.”
Don’t underestimate how disruptive DOGE cutting fraud and waste will be on the economy. Holter points out, “The last time we interviewed, we talked about DOGE and all of this slush money being paid out. Look at the 14 magic money machines that Elon Musk has found.
All this money being spewed into the economy registers as GDP. So, if you shut those spigots off, you are shutting off the money, and the real economy slows down. There is less cash flow from that.
The real danger, and I am not so sure it is by accident, is this Trump’s idea of pulling the plug? I have to believe he understands that by cutting the spending or cutting the capital that is going into the system, with the system as leveraged as it is right now, it’s going to take everything down.
What you are doing is cutting off new money to the Ponzi scheme, and no Ponzi scheme can survive without continually getting new money coming into it.”
Holter also says, “The United States was considered for years and years the safe haven because of its pristine rule of law. When you pull the curtain back and everything is rotten, confidence breaks. You are not going to have money moving into the US for safe haven status. You are going to have money leaving the United States.
It’s not just the money that is not going to hit the streets because of DOGE, but mentally because of the corruption they are exposing. DOGE is basically exposing that the United States is corrupt and a s****y place to do business.”
In closing, Holter says, “DOGE revealing that they just pay money out of thin air is a huge problem. You can’t do the math if you don’t have good numbers. . . . If we can glean that they are going to cut $500 billion or $1 trillion or $2 trillion and we can figure out that is a problem for the real economy and the financial markets, don’t you think the people running the show know that?
That tells me they are purposely pulling the rug out from under the system. It’s game over.”
There is much more in the 53-minute interview.
https://usawatchdog.com/gold-in-hyperdrive-in-hyper-levered-house-of-cards-bill-holter/
Seeds of Wisdom RV and Economic Updates Saturday Afternoon 3-29-25
Good Afternoon Dinar Recaps,
XRP NEWS: SEC COULD DELAY ITS ANNOUNCEMENT UNTIL AUGUST 7? HINT XRP MEMBER!
▪️Ripple vs. SEC lawsuit nears conclusion, but delays raise uncertainty for XRP.
▪️XRP supporter claims SEC will stay silent on the case until August 7.
▪️Ripple’s legal chief suggests settlement paperwork is done, awaiting SEC’s final decision.
Good Afternoon Dinar Recaps,
XRP NEWS: SEC COULD DELAY ITS ANNOUNCEMENT UNTIL AUGUST 7? HINT XRP MEMBER!
▪️Ripple vs. SEC lawsuit nears conclusion, but delays raise uncertainty for XRP.
▪️XRP supporter claims SEC will stay silent on the case until August 7.
▪️Ripple’s legal chief suggests settlement paperwork is done, awaiting SEC’s final decision.
The long-running legal fight between Ripple and the U.S. Securities and Exchange Commission (SEC) is nearing its final chapter. With both sides dropping their respective appeals, attention has now turned to what comes next. ‘
However, a new claim from an XRP community member suggests that the SEC won’t make any official announcement on the case until August 7, raising questions about a potential delay.
Is a Settlement Really Happening?
Ripple’s legal chief, Stuart Alderoty, has hinted that all necessary paperwork for a settlement has already been prepared. The next step, however, lies in the hands of the SEC Commission, which is expected to vote on the matter within the next 30 days.
Once that vote is complete, the SEC will move to lift the injunction imposed on Ripple. If Ripple complies with the process, Judge Analisa Torres will then sign off on the motion, officially closing the case.
Will the SEC Remains Silent Until August 7?
Adding more fuel to the speculation, an XRP supporter named Brett recently made a bold claim on social media. He stated that the SEC would not make any official announcement on the lawsuit until August 7, citing a court document as his source.
His post quickly gained traction, with some in the community seeing it as a significant development. However, not everyone agreed. Many pointed out that the document he referenced was from last year, casting doubt on its relevance to the current situation.
Former SEC lawyer Marc Fagel even dismissed the claim outright, calling it “stupid and wrong.” This conflicting information has left the XRP community divided on what to believe.
No Official Announcement From the SEC
Although both the SEC and Ripple have withdrawn their appeals, the agency has yet to make an official announcement, leading to speculation that the case may already be settled. However, legal complexities could be causing a delay.
Fox Business journalist Eleanor Terrett suggested that the SEC might be waiting to ask Judge Torres to remove the injunction—a step that is different from how other cases have been handled.
For now, XRP holders are eagerly waiting for clarity, with hopes that the lawsuit’s resolution will bring long-awaited regulatory certainty to Ripple and its token.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
BRICS: RUSSIA TO FOLLOW US, SEEK MAJOR UAE INVESTMENT DEAL?
The last several months have seen geopolitical tension hit a new high. Indeed, the United States has targeted the Global South with tariffs in an effort to secure the status of the dollar. Now, that has taken an interesting turn for BRICS, as Russia may be looking to follow the US and seek a major investment deal from the United Arab Emirates (UAE).
Both Moscow and the UAE are set to meet to discuss their strategic cooperation. Moreover, that meeting took place after the latter unveiled a monumental investment framework plan with the United States. With tensions still high, the development is one that may have massive implications.
BRICS See Russia UAE Talk Collaboration After Landmark US Deal
Since the start of the year, the BRICS bloc and the US have faced off. With his election win in late 2024, Donald Trump targeted the alliance with 150% tariffs. Specifically, he was seeking to deter their de-dollarization efforts and secure the global reserve status of the greenback.
However, the ongoing tension between both sides took a rather interesting turn this month. Now, they may be set to get even more complicated for BRICS, as Russia is set to meet with the UAE and may be seeking a deal similar to the one it struck with the US.
In a rather surprising development, the UAE announced a mammoth 10-year, $1.4 trillion investment framework in the United States. The move was going to inject increased capital into the US and fortify what is a rather fragile economic standing. Interestingly, the UAE is a BRICS nation, the same one that has been clearly in the crosshairs of the alliance.
Now, a new report highlights that Russian President Vladimir Putin and UAE President Mohamed bin Zayed Al Nahyan are set to hold a telephone meeting this week.
According to the report, both sides discussed the partnership between both nations and gave “a positive assessment” of the dealings so far. Time may tell if they come to an agreement similar to that of the US.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
TRUMP PARDONS BITMEX CO-FOUNDERS CONVICTED OF FINANCIAL CRIMES: REPORT
Former President Donald Trump has pardoned BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed.
The three had previously pleaded guilty to federal charges related to money laundering and regulatory violations, according to CNBC reporting.
The three executives were convicted for failing to implement anti-money laundering measures at BitMEX, which prosecutors labeled a “money laundering platform.”
Reed admitted to violating the Bank Secrecy Act in 2022 and agreed to pay a $10 million fine. Despite BitMEX’s claims of withdrawing from the U.S. market, authorities alleged that the move was a “sham.”
@ Newshounds News™
Source: Crypto News
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Seeds of Wisdom RV and Economic Updates Saturday Morning 3-29-25
Good Morning Dinar Recaps,
STABLECOIN LEGISLATION SHOULDN’T FORCE ISSUERS TO COMPLY WITH BANK SECRECY ACT: REP. TOM EMMER
House Majority Whip Tom Emmer thinks stablecoin bills under discussion on Capitol Hill should remove language forcing issuers to comply with stringent anti-money laundering laws.
In a potential sign of brewing tensions regarding key language in multiple stablecoin bills circulating in Congress, House Majority Whip Tom Emmer (R-MN) said this week he doesn’t believe stablecoin issuers like Tether should have to comply with the anti-money laundering Bank Secrecy Act—a major sticking point of both the Senate’s stablecoin-focused GENIUS Act, and the House’s parallel STABLE Act.
Good Morning Dinar Recaps,
STABLECOIN LEGISLATION SHOULDN’T FORCE ISSUERS TO COMPLY WITH BANK SECRECY ACT: REP. TOM EMMER
House Majority Whip Tom Emmer thinks stablecoin bills under discussion on Capitol Hill should remove language forcing issuers to comply with stringent anti-money laundering laws.
In a potential sign of brewing tensions regarding key language in multiple stablecoin bills circulating in Congress, House Majority Whip Tom Emmer (R-MN) said this week he doesn’t believe stablecoin issuers like Tether should have to comply with the anti-money laundering Bank Secrecy Act—a major sticking point of both the Senate’s stablecoin-focused GENIUS Act, and the House’s parallel STABLE Act.
Including such a provision in the legislation could box out foreign issuers while favoring U.S. companies, since U.S.-based entities are currently better equipped to meet stricter demands. The lawmaker believes stablecoin issuers, regardless of jurisdiction, should not be subject to the stringent anti-money laundering rules under the Bank Secrecy Act.
“The protections the so-called Bank Secrecy Act is supposed to provide were drafted for cash, and this is blockchain-driven,” Emmer told Decrypt Wednesday evening. “And guess what, everything on the blockchain is open and transparent to people who understand how to follow code.”
“It's pretty interesting to say that the Bank Secrecy Act—which doesn't even contemplate this type of technology, a digital asset—should be what we're using,” the congressman added.
Stablecoins are digital assets typically pegged to the U.S. dollar and designed to keep a steady price. They're used by cryptocurrency traders to enter and exit positions without the need for dollars, and used as dollar equivalents in markets where dollars are restricted or inaccessible.
The latest drafts of the GENIUS Act and STABLE Act treat all stablecoin issuers as financial institutions under the Bank Secrecy Act. The law, enacted in 1970, established a stringent set of proactive anti-money laundering rules that American banks must comply with in order to operate.
The Bank Secrecy Act, for example, obligates regulated institutions to engage in suspicious activity monitoring, undergo routine audits, hire compliance officers, and adopt a customer identification program mandated by the Patriot Act—the controversial law that expanded government surveillance powers shortly after the September 11, 2001, terrorist attacks.
Such requirements would pose quite a hurdle for existing foreign stablecoin issuers like Tether, the company behind USDT and the market’s undisputed leader. Tether, whose USDT stablecoin boasts a market capitalization in excess of $144 billion, is based in the U.S. Virgin Islands, and plans to move to El Salvador—but nonetheless is one of the world’s biggest purchasers of U.S. Treasuries, which it uses as collateral to back its U.S. dollar-pegged stablecoin.
In its current setup, Tether enjoys much less strict regulation than the Bank Secrecy Act would mandate, and the company's leadership has implied that moves to force all stablecoin issuers to comply with such rules would hurt the firm and aid its competitors.
By contrast, Circle, the issuer behind the market's second-largest stablecoin USDC, is already based in the United States. The company is regulated as a money transmitter by the New York Department of Financial Services and as such must already comply with the Bank Secrecy Act.
Circle is also already in compliance with the European Union's elaborate MiCA regulatory framework, a move Tether has resisted.
As stablecoin legislation in the U.S. nears a crescendo, questions have emerged regarding whether Tether would come to the United States if it had to comply with the Bank Secrecy Act—or, alternatively, what would happen if the stablecoin market’s top player was boxed out of American financial markets.
Emmer does not want to risk locking Tether, or any other foreign issuer, out of the burgeoning U.S. stablecoin sector.
“We've got to let everybody compete in this space,” he said.
That doesn’t mean Tether wouldn’t have to comply with certain rules in order to operate in the United States. To Emmer, the sticking point is proof of reserves—showing the government that your token is backed up with sufficient collateral to keep its value pegged to the dollar even in periods of market volatility.
To that end, Emmer believes Tether is, broadly speaking, doing well. In 2021, the company partnered with Wall Street firm Cantor Fitzgerald to help custody some of the $92 billion worth of U.S. Treasuries it claims to currently hold in reserve.
“Tether has done a great job straightening itself out in the last four years,” Emmer said.
The House Financial Services Committee is set to mark up the STABLE Act during a session next week. Meanwhile, the GENIUS Act already passed out of the Senate Banking Committee earlier this month with strong bipartisan support—Bank Secrecy language intact. It is likely to face a full vote on the Senate floor in the coming months.
@ Newshounds News™
Source: Decrypt
~~~~~~~~~
US BANKS GAIN CRYPTO ACCESS AS FDIC REVOKES APPROVAL RULE
▪️The FDIC has reversed its 2022 policy requiring banks to get pre-approval for crypto activities.
▪️This policy shift, driven by new leadership and industry advocacy, signals a move towards clearer regulatory guidelines.
▪️The FDIC's action, along with similar moves by the OCC, reflects a broader regulatory adjustment in response to the maturing crypto industry.
The Federal Deposit Insurance Corporation (FDIC) has officially scrapped its 2022 rule that required banks to get approval before engaging in crypto activities. For years, banks interested in digital assets were stuck in limbo, waiting for approvals that never came. Now, that roadblock is gone.
With fewer regulatory hurdles, will banks finally embrace digital assets, or will caution still hold them back? Here’s what the new guidance means and why it matters.
FDIC Gives Banks the Go-Ahead for Crypto
In its updated guidance, the FDIC stated that banks under its supervision can engage in crypto-related activities as long as they properly manage the risks involved.
“FDIC-supervised institutions may engage in permissible activities, including activities involving new and emerging technologies such as crypto-assets and digital assets, provided that they adequately manage the associated risks.”
Like any financial activity, banks must assess potential risks, follow consumer protection and anti-money laundering rules, and consult with regulators when needed.
FDIC’s Role in the Crypto Banking Crackdown
The FDIC oversees many smaller banks and plays a key role in protecting the financial system. However, it was also involved in what many call a crypto banking crackdown. A lawsuit involving Coinbase revealed that the FDIC had quietly warned banks to avoid working with crypto companies while drafting new rules—but never actually put those rules in place.
A Shift Under Trump’s Administration
This policy change comes after President Trump appointed leaders who support the crypto industry and encouraged regulators to take a more open approach. FDIC Acting Chairman Travis Hill said this move corrects the agency’s flawed approach over the past three years.
“I expect this to be one of several steps the FDIC will take to lay out a new approach for how banks can engage in crypto- and blockchain-related activities in accordance with safety and soundness standards,” he noted.
Regulators Easing Restrictions on Crypto
Bo Hines, head of the White House’s Digital Assets Advisory Council, called the decision a “huge step forward” in a social media post. Previously, the FDIC, Federal Reserve, and Office of the Comptroller of the Currency (OCC) all required banks to get pre-approval before working with crypto.
The OCC recently reversed its 2022 guidance, which was introduced during a time of instability in the digital asset industry. That period saw major company failures and high-profile fraud cases, including the collapse of crypto exchange FTX. These recent regulatory changes signal a shift in how US regulators view the crypto industry, possibly paving the way for more mainstream adoption.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Seeds of Wisdom RV and Economic Updates Friday Afternoon 3-28-25
Good Afternoon Dinar Recaps,
BRICS GOLD BET PAYING OFF AS TRUMP TARIFFS DRIVE VALUE SKY-HIGH
For much of 2024, the BRICS alliance saw its various central banks embracing gold and investing heavily in the asset. Now, that appears to be paying off in a big way as the slew of US President Trump’s tariffs are driving the haven asset’s value to heights it had never seen.
The metal has long been viewed as a priority investment in times of economic uncertainty and geopolitical conflict. With the United States seeking to balance trade, it has adopted an increasingly aggressive economic policy. Indeed, it has seen the beginnings of a trade war begin as gold is reaching record values this year.
Good Afternoon Dinar Recaps,
BRICS GOLD BET PAYING OFF AS TRUMP TARIFFS DRIVE VALUE SKY-HIGH
For much of 2024, the BRICS alliance saw its various central banks embracing gold and investing heavily in the asset. Now, that appears to be paying off in a big way as the slew of US President Trump’s tariffs are driving the haven asset’s value to heights it had never seen.
The metal has long been viewed as a priority investment in times of economic uncertainty and geopolitical conflict. With the United States seeking to balance trade, it has adopted an increasingly aggressive economic policy. Indeed, it has seen the beginnings of a trade war begin as gold is reaching record values this year.
BRICS Gold Buying Proving Smart as Trump Drives Value to New Heights
In late 2024, US President Donald Trump was clear in his intentions with the BRICS alliance. Specifically, he warned of impending 150% tariffs on the bloc if they continued to embrace de-dollarization efforts. What he wasn’t clear on was that a host of other nations would be subject to similar economic policies for reasons they had no way of being aware of.
That has thrown the global finance sector into a period of uncertainty and stagnation. However, it has led one asset to thrive and benefitted one interesting party. Indeed, the BRICS gold bet is paying off big in 2025 as the Trump tariffs are driving its value sky-high.
Gold has continued to shatter records throughout the year. It did so again this month, reaching a new landmark price of $3,035 per troy ounce. In early March, prices were already surpassing $2,980 per ounce, marking a 14% increase year-to-date.
That is set to benefit the economic bloc that Trump was looking to originally target with tariffs. Indeed, the BRICS economic alliance holds a collective 4,800 metric tons after a buying spree throughout 2024. The collective had sought the metal as a key hedge against the US dollar’s dominance.
In effect, gold was a key de-dollarization tool that the bloc is still utilizing to this day. Its presence allows the group to facilitate economic dealings outside of the greenback.
Moreover, there are talks about the bloc welcoming a gold-backed stablecoin. Altogether, Trump’s economic policy may fuel the very de-dollarization efforts he was hoping to halt.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
New Isaac Post in his Telegram Room Link
Isaac is in the process of redeeming bonds.
Keep checking for Isaac's post of VICTORY. We will be posting here in The Dinar Recaps Blog too. It is getting exciting!
The Seeds of Wisdom Team
@ Newshounds News™
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Seeds of Wisdom RV and Economic Updates Friday Morning 3-28-25
Good Morning Dinar Recaps,
XRP NEWS: CAN RIPPLE SELL TO INSTITUTIONAL INVESTORS AS SEC DROPS CASE? LEGAL ISSUES EXPLAINED
The U.S. SEC has officially dropped its appeal in the ongoing legal case with Ripple, bringing an end to a four-year legal battle. However, the SEC has yet to confirm the latest developments. There’s been a lot of talk about what will happen to XRP once the SEC clears the legal issues. Some experts think that when the SEC removes the injunction, Ripple will be able to sell XRP to institutional investors without any problems. However, Marc Fagel, a former SEC lawyer, explained why that’s not exactly true.
Good Morning Dinar Recaps,
XRP NEWS: CAN RIPPLE SELL TO INSTITUTIONAL INVESTORS AS SEC DROPS CASE? LEGAL ISSUES EXPLAINED
The U.S. SEC has officially dropped its appeal in the ongoing legal case with Ripple, bringing an end to a four-year legal battle. However, the SEC has yet to confirm the latest developments. There’s been a lot of talk about what will happen to XRP once the SEC clears the legal issues. Some experts think that when the SEC removes the injunction, Ripple will be able to sell XRP to institutional investors without any problems. However, Marc Fagel, a former SEC lawyer, explained why that’s not exactly true.
What Fagel Says About XRP Sales
Fagel pointed out that even if the SEC clears the injunction, the court’s original ruling still stands. The court had previously ruled that Ripple’s sales of XRP to institutional investors were against the law. This means that selling XRP in the same way as before would still be illegal, regardless of the injunction.
He explained that the issue is not just about specific contracts or agreements, but about how Ripple sold XRP to institutional investors. The court found that the way these sales were made made XRP an unregistered security, meaning any future sales made in a similar way could still be illegal.
Room for Legal Flexibility
Despite the legal concerns, Fagel mentioned that not all sales to institutional investors would require registration. Some sales might be allowed under special exemptions. It all depends on the details of the transactions and whether they are similar to the ones that were previously found illegal.
However, Fagel also pointed out that the SEC has been less focused on regulating the crypto market recently. This means that Ripple might not face strict consequences for its future sales of XRP, even if they are similar to previous ones.
What’s Next for Ripple and XRP?
As for Ripple, Fagel said the company’s legal team will need to carefully consider any future sales. If they follow the same pattern as the past sales, they could face legal issues. But since the SEC is less involved in crypto regulation now, Ripple may be able to move forward with fewer legal concerns.
Will Judge Torres Clarify the Ruling?
Some people asked if Judge Torres would provide more clarity on the past XRP sales to institutional investors. Fagel believes she probably won’t. The judge has already made her decision, and Ripple is likely to request that she remove the injunction entirely. The attorney thinks there’s little chance that the judge will change her ruling, as she was previously reluctant to make it more specific.
@ Newshounds News™
Source: Coinpedia
SOUTH CAROLINA DISMISSES ITS STAKING LAWSUIT AGAINST COINBASE, JOINING VERMONT
South Carolina has dismissed its lawsuit against Coinbase related to its staking services — joining Vermont in a move described by the firm as a victory for American consumers.
South Carolina has become the latest US state to dismiss its lawsuit against crypto exchange Coinbase over its staking services, which had accused the crypto exchange of offering unregistered securities.
The lawsuit was officially dismissed in a joint stipulation between the crypto exchange and the South Carolina Attorney General’s securities division on March 27.
“South Carolina just joined Vermont to dismiss its unfounded staking lawsuit against Coinbase,” the firm’s chief legal officer, Paul Grewal, said in a March 27 X post.
“This is not just a victory for us, but for American consumers and we hope it's a sign of things to come in the few states left that restrict staking.”
South Carolina and Vermont were two of 10 US states that took legal action against Coinbase's staking services on June 6, 2023 — the same day that the federal securities regulator filed its lawsuit against the crypto exchange.
The Securities and Exchange Commission officially dismissed that lawsuit on Feb. 27, 2025.
The other eight US states that filed enforcement action similar to South Carolina were Alabama, California, Illinois, Kentucky, Maryland, New Jersey, Washington and Wisconsin.
Grewal said he hoped to see other states follow suit and that South Carolina residents lost an estimated $2 million in staking rewards as a result of the lawsuit.
“The 52 million Americans who own crypto deserve commonsense consumer protections and clear rules,” he said. “We applaud South Carolina for standing up for justice and hope the remaining states with bans on staking will take notice.”
South Carolina introduces Bitcoin reserve bill
Meanwhile, a state lawmaker has just introduced the “Strategic Digital Assets Reserve Act of South Carolina” on March 27, which could see the state treasurer allocate up to 10% of certain state funds to cryptocurrencies such as Bitcoin.
Unlike most US state crypto reserve bills, South Carolina’s House Bill 4256, introduced by Rep. Jordan Pace, mentioned Bitcoin on several occasions for the Strategic Digital Assets Reserve that the bill seeks to establish.
The bill allows South Carolina’s treasurer, currently Curtis Loftis, to establish a Bitcoin reserve that exceeds no more than 1 million Bitcoin — a high ceiling that the US federal government is also looking to reach or exceed with its recently established Strategic Bitcoin Reserve.
The treasurer would be able to add Bitcoin to South Carolina’s General Fund, the Budget Stabilization Reserve Fund any other investment fund that they manage.
While no mention of stablecoins, non-fungible tokens, Ether or any other crypto tokens was made, the House bill said the Strategic Digital Assets Reserve wouldn’t be limited to Bitcoin.
According to Bitcoin Law, 42 Bitcoin reserve bills have been introduced at the state level in 19 states, and 36 of those 42 bills remain live.
Earlier this month, US President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve and a Digital Asset Stockpile, both of which will initially use cryptocurrency forfeited in government criminal cases.
@ Newshounds News™
Source: Cointelegraph
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Seeds of Wisdom RV and Economic Updates Thursday Evening 3-27-25
Good Evening Dinar Recaps,
SENATE BANKING COMMITTEE DELAYS VOTE ON SEC CHAIR NOMINEE
The Senate Banking Committee has reportedly delayed its vote on the nomination of Paul Atkins as the next chair of the U.S. Securities and Exchange Commission
Journalist and host of Crypto in America podcast Eleanor Terrett, shared this development via X. The former FOX Business reporter cited a Senate aide as the source of the news. According to the aide, the committee will “not vote today on Atkins or the other nominees, as is typical practice.”
Good Evening Dinar Recaps,
SENATE BANKING COMMITTEE DELAYS VOTE ON SEC CHAIR NOMINEE
The Senate Banking Committee has reportedly delayed its vote on the nomination of Paul Atkins as the next chair of the U.S. Securities and Exchange Commission
Journalist and host of Crypto in America podcast Eleanor Terrett, shared this development via X. The former FOX Business reporter cited a Senate aide as the source of the news. According to the aide, the committee will “not vote today on Atkins or the other nominees, as is typical practice.”
Instead, nominees will be required to submit written responses to committee questions ahead of a markup vote. A date for that vote has not yet been set.
Atkins’ nomination and the SEC’s shifting stance
Atkins, President Donald Trump’s pick to replace former SEC chair Gary Gensler, faced the Senate’s banking committee on March 27.
Lawmakers also held a confirmation hearing for Jonathan Gould, nominated to lead the Office of the Comptroller of the Currency.
Gensler’s time at the helm of the top securities watchdog in the US is mostly seen as negative and anti-crypto.
His regulation by enforcement action approach that saw SEC sue multiple crypto companies and launched investigations against several is one of the things the commission is looking to drop completely. Indeed, several cryptocurrencies rallied in the wake of the ex-SEC chair’s resignation.
Despite Gensler’s exit, regulation remains a top topic in crypto. Recent moves to withdraw lawsuits and end investigations suggests this is the case.
Facing questions from the banking committee, Atkins says the SEC under his leadership will be keen on regulatory clarity.
“A top priority of my chairmanship will be to work with my fellow commissioners and Congress to provide a firm regulatory foundation for digital assets through a rational, coherent, and principled approach,” he noted in a prepared testimony.
While the report is that the Senate is delaying a vote on his nomination, the anticipation around the crypto ecosystem is that his confirmation is just a matter of ‘when, not if’.
Until then, interim chair Mark Uyeda continues to point the SEC in what industry players say is the right direction
@ Newshounds News™
Source: Crypto News
~~~~~~~~~
*************************
JPMORGAN SEES YIELD-BEARING STABLECOINS GROWING FROM 6% TO 50% OF MARKET SHARE
▪️JPMorgan analysts forecast that yield-bearing stablecoins could rise from the current 6% to as much as 50% of the stablecoin market cap in the future.
▪️Yield-bearing stablecoins are attracting investors similarly to traditional money market funds, particularly in today’s high-interest-rate environment, the analysts said.
Yield-bearing stablecoins, including tokenized Treasurys, which offer interest returns similar to traditional financial products, could experience massive growth ahead, according to JPMorgan analysts.
Yield-bearing stablecoins currently make up just 6% of the total stablecoin market cap but could expand significantly, potentially capturing up to 50% of the market unless regulatory changes intervene, JPMorgan analysts led by managing director Nikolaos Panigirtzoglou wrote in a report released Wednesday.
The top five yield-bearing stablecoins — Ethena's USDe, Sky Dollar's USDS, BlackRock's BUIDL, Usual Protocol's USD0 and Ondo Finance's USDY— have seen rapid growth since the U.S. election in November, rising from around $4 billion to over $13 billion in combined market cap, Panigirtzoglou told The Block.
According to analysts, this growth is expected to continue. They added that the U.S. Securities and Exchange Commission's recent approval of Figure Markets' application for a yield-bearing stablecoin, YLDS, which is registered as a security, provides further momentum to this segment.
Traditional stablecoins, such as Tether's USDT and Circle's USDC, do not share reserve yields with their users because doing so would classify these assets as securities, according to the analysts.
Such a classification would also impose additional compliance requirements, hindering their current seamless use as collateral within the crypto ecosystem, they said.
Why yield-bearing stablecoins are on the rise
The JPMorgan analysts identified several factors driving the rapid growth of yield-bearing stablecoins.
First, investors prefer these assets because they offer interest without requiring holders to engage in risky trading or lending activities or give up custody of their assets.
Second, major crypto trading platforms such as Deribit and FalconX now accept tokenized Treasurys as collateral, enabling traders to earn yield on posted collateral.
Additionally, crypto investors are increasingly turning to tokenized Treasurys in decentralized finance (DeFi) to obtain higher yields, as typical DeFi yields have significantly decreased from their peak levels of 2022. Projects like Frax Finance are also adopting tokenized Treasurys as underlying assets, further fueling this growth.
Despite this positive outlook, the JPMorgan analysts noted barriers. Yield-bearing stablecoins are classified as securities, subjecting them to regulatory restrictions that limit their adoption, especially among retail investors. Moreover, traditional non-yield-bearing stablecoins continue to hold a notable liquidity advantage.
With a combined market cap of around $220 billion across multiple blockchains and centralized exchanges, traditional stablecoins offer efficient, fast and low-cost transactions, even at large volumes. In contrast, yield-bearing stablecoins are newer, smaller and comparatively less liquid.
However, "This liquidity disadvantage could potentially be lessened over time as yield-bearing stablecoins gain further traction in the future in crypto derivative trading as source of collateral, in DAO treasuries, liquidity pools, and idle cash with crypto venture funds," according to the analysts.
As a result, over time, yield-bearing stablecoins could attract much of the idle cash currently sitting in traditional stablecoins, the analysts said. While the exact amount of this idle cash is difficult to estimate, it's unlikely to represent the majority of the stablecoin market, according to the analysts.
@ Newshounds News™
Source: The Block
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Seeds of Wisdom RV and Economic Updates Thursday Afternoon 3-27-25
Good Afternoon Dinar Recaps,
U.S. CONGRESS ADVANCES STABLECOIN REGULATION WITH THE INTRODUCTION OF THE STABLE ACT
Lawmakers introduce a new framework that redefines stablecoin oversight by blending traditional financial controls with digital asset practices for clearer, accountable operations in a fast-evolving market.
▪️Establishes structured guidelines for digital token issuers that stress transparency and regular record-keeping.
▪️Emphasizes clear operational rules to promote accountability without stifling innovation.
▪️Paves the way for coordinated oversight, integrating crypto with conventional finance.
Good Afternoon Dinar Recaps,
U.S. CONGRESS ADVANCES STABLECOIN REGULATION WITH THE INTRODUCTION OF THE STABLE ACT
Lawmakers introduce a new framework that redefines stablecoin oversight by blending traditional financial controls with digital asset practices for clearer, accountable operations in a fast-evolving market.
▪️Establishes structured guidelines for digital token issuers that stress transparency and regular record-keeping.
▪️Emphasizes clear operational rules to promote accountability without stifling innovation.
▪️Paves the way for coordinated oversight, integrating crypto with conventional finance.
On March 26, 2025, U.S. lawmakers introduced the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act to advance stablecoin regulation and improve transparency for dollar-backed digital tokens.
The proposal outlines how dollar-backed stablecoins should be issued, with requirements focused on transparency and consumer protection.
Congress Pushes Stablecoin Regulation Forward with the STABLE Act
Introduced by Representatives Bryan Steil and French Hill, the STABLE Act forms part of a broader push to build a consistent regulatory structure for cryptocurrency markets.
Stablecoin issuers would need to follow financial rules and maintain clear records under the STABLE Act.
Representative Hill said the bill helps clarify financial rules and protects both consumers and the financial system.
After gaining bipartisan Senate support, the bill passed through the Banking Committee and is now under review on the Senate floor.
Representative Tom Emmer, who has long supported crypto legislation, noted that although the House and Senate bills differ in some areas, lawmakers expect to reconcile those versions as the process moves ahead.
While the Senate continues deliberations, the House is refining its version of the bill.
To move the legislation forward, the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence held a hearing titled “A Golden Age of Digital Assets: Charting a Path Forward.”
This discussion focused on strengthening the bill’s foundation before a full House vote.
During the White House crypto summit on March 7, President Donald Trump encouraged lawmakers to pass stablecoin legislation before the August 2025 recess.
Still, that timeline may prove difficult due to divisions between crypto industry leaders and banks over key aspects of the bill’s language.
In parallel, Emmer has reintroduced the Securities Clarity Act, a separate measure that would define how crypto assets are treated under existing securities law.
Co-sponsored by Representative Darren Soto, the bill reflects ongoing efforts to give the digital asset industry regulatory certainty.
STABLE Act and GENIUS Act Propose Different Paths for Stablecoin Regulation
The U.S. Senate Banking Committee recently advanced another stablecoin bill: the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.
Unlike the STABLE Act, which outlines broad federal rules for stablecoin issuers, the GENIUS Act centers on defining payment stablecoins as digital tokens pegged to a fixed value and used for transactions.
This approach would divide oversight between federal and state regulators, depending on the size and scope of the issuer.
Under the GENIUS Act, issuers managing more than $10 billion in stablecoins would fall under federal regulation. Smaller players could remain under state oversight unless they apply for a federal waiver.
The growing debate over stablecoin regulation highlights the need for consistent rules across federal and state agencies.
Gold-Backed Tokens Add Complexity to Stablecoin Regulation
As stablecoin regulation evolves, some industry figures suggest gold-backed stablecoins could see broader global use than those tied to the U.S. dollar.
Bitcoin advocate Max Keiser has argued that countries with strained ties to the U.S. often view gold as more stable than the dollar.
A recent example is Tether’s Alloy (aUSD₮), launched in June 2024. This stablecoin is backed by Tether Gold (XAU₮) instead of fiat reserves.
Some believe gold-backed stablecoins may gain traction in countries with less trust in the U.S. dollar.
From Experiment to Infrastructure
What began as a workaround to traditional banking is now being treated as financial infrastructure.
The STABLE Act’s requirements signal that the era of informal issuance is closing, while the GENIUS Act offers a looser framework for limited use.
Either path will impose real consequences on stablecoin providers.
For users and institutions, it’s time to start treating stablecoins not as novelties, but as instruments subject to the same scrutiny as any other financial product.
@ Newshounds News™
Source: CryptoNews
~~~~~~~~~
TRUMP HITS FOREIGN CARS WITH 25% TARIFF – INDUSTRY BRACES FOR IMPACT
▪️President Trump announced a 25% tariff on non-U.S. manufactured cars, aiming to boost domestic production.
▪️The tariffs, effective April 3rd, exclude U.S.-made cars and USMCA-compliant parts, but face international criticism and market volatility concerns.
▪️This move is part of Trump's broader trade strategy, including "reciprocal" taxes, and is expected to impact car prices.
According to a latest Bloomberg report, President Donald Trump has announced a 25% tariff on all cars made outside the United States, a move he says will strengthen American manufacturing and bring jobs back home. The new policy, set to take effect on April 3, is one of the most aggressive trade measures targeting the auto industry in years.
Cars built in the U.S. will be exempt, along with certain auto parts that comply with the U.S.-Mexico-Canada Agreement (USMCA). But for foreign automakers and consumers, this decision could mean higher prices, shifting supply chains, and major industry shake-ups.
“What we’re going to be doing is a 25 per cent tariff on all cars that are not made in the United States. This will be permanent,” Trump said from the Oval Office. “We start off with a 2.5 per cent base, which is what we’re at, and go to 25 per cent.”
So, will this plan jumpstart American manufacturing, or will it drive up costs and disrupt the market? Here’s a closer look at what the new tariff means for businesses, consumers, and the economy.
A Jump in Import Tariffs
Currently, imported cars face a 2.5% tariff. Under the new rule, that figure will jump to 25%. The tariff will apply to fully assembled vehicles as well as key components like engines, transmissions, powertrain parts, and electrical systems. However, parts produced in the U.S. will remain exempt, even if the final vehicle is assembled elsewhere. The list of affected items could expand over time.
Economic Strategy or Market Disruption?
Trump believes the tariff will reduce reliance on foreign supply chains, particularly those involving Canada and Mexico, and will help lower U.S. debt. He called the current trade system “ridiculous” and argued that this new approach will simplify trade while benefiting American workers.
The decision has raised concerns about potential market instability. Trump also clarified that Tesla CEO Elon Musk was not involved in shaping the policy, despite earlier speculation that such tariffs could be neutral or even beneficial for Tesla.
Criticism from Global Leaders
The announcement has drawn criticism from international leaders. European Commission President Ursula von der Leyen called the move “bad for businesses, worse for consumers.” Canada’s Prime Minister Mark Carney also voiced strong opposition, vowing to protect Canadian workers and industries.
The stock market reacted quickly, with shares of U.S.-listed automakers dropping amid concerns that the tariffs could disrupt the global auto industry. Experts warn that higher costs for imported parts could lead to more expensive cars, fewer options for consumers, and job losses in manufacturing.
Could This Policy Drive Up Inflation?
Economists warn that the new tariffs could contribute to inflation. Trump was re-elected last year partly because voters believed he could bring down prices. If car prices rise significantly, it could create political challenges for his administration.
This tariff is part of Trump’s broader trade agenda. On April 2, a separate “reciprocal tax” policy will take effect, matching the tariffs and sales taxes that other countries impose on American goods. The administration says this is part of a long-term strategy to rebalance global trade in favor of the United States.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
U.S. Understands Gold’s Value – What This Strategic Move Means for Gold Price | Joseph Cavatoni
U.S. Understands Gold’s Value – What This Strategic Move Means for Gold Price | Joseph Cavatoni
Kitco News: 3-27-2025
Gold's breakout past $3,000/oz isn't just a headline — it's a signal. In this interview, Joseph Cavatoni, Senior Market Strategist at the World Gold Council, joins Jeremy Szafron on Kitco News to explain what's really driving the gold market in 2025.
Cavatoni breaks down the surge in global gold ETF inflows, the return of Western investors, and the strategic implications of President Trump invoking emergency powers to boost domestic mineral production — including gold.
U.S. Understands Gold’s Value – What This Strategic Move Means for Gold Price | Joseph Cavatoni
Kitco News: 3-27-2025
Gold's breakout past $3,000/oz isn't just a headline — it's a signal. In this interview, Joseph Cavatoni, Senior Market Strategist at the World Gold Council, joins Jeremy Szafron on Kitco News to explain what's really driving the gold market in 2025.
Cavatoni breaks down the surge in global gold ETF inflows, the return of Western investors, and the strategic implications of President Trump invoking emergency powers to boost domestic mineral production — including gold.
He also addresses whether gold could get caught in the upcoming April 2 tariff net and what U.S. strategy signals for the future of gold pricing.
Key Topics:
Why gold has surged 15% YTD and broken $3,000
April 2 tariff threat: Is gold safe?
U.S. gold strategy and Trump's defense order
Western investor flows and ETF resurgence
Why China and India retail demand is slowing
$3,100 as the next resistance level?
Can gold reach $4,000?
Don't miss Cavatoni's expert breakdown of where gold is headed next, what's driving global demand, and what it all means for investors.
00:00 Introduction
02:20 Geopolitical Risks and Gold
04:08 Tariffs and Their Impact on Gold
06:44 US Administration's Moves on Critical Minerals
08:33 Global Gold Flows and ETF Trends
15:27 Future Gold Price Predictions
16:57 Central Bank Gold Purchases
18:35 Retail Demand and Market Dynamics
21:52 Conclusion
Seeds of Wisdom RV and Economic Updates Thursday Morning 3-27-25
Good Morning Dinar Recaps,
PAUL ATKINS SEC CONFIRMATION HEARING BEGINS: IS THIS GOOD NEWS FOR CRYPTO?
▪️Former SEC Commissioner Paul Atkins, a Trump nominee, is expected to bring a more crypto-friendly regulatory approach.
▪️Atkins' confirmation faces scrutiny due to his past advisory roles, financial ties to crypto, and potential conflicts of interest.
▪️The crypto industry anticipates Atkins' potential leadership as a shift towards clearer regulations.
Good Morning Dinar Recaps,
PAUL ATKINS SEC CONFIRMATION HEARING BEGINS: IS THIS GOOD NEWS FOR CRYPTO?
▪️Former SEC Commissioner Paul Atkins, a Trump nominee, is expected to bring a more crypto-friendly regulatory approach.
▪️Atkins' confirmation faces scrutiny due to his past advisory roles, financial ties to crypto, and potential conflicts of interest.
▪️The crypto industry anticipates Atkins' potential leadership as a shift towards clearer regulations.
The crypto market finally has a leader at the SEC who supports digital assets. After years of strict regulations, uncertainty, and legal battles, there’s a chance for real change. Paul Atkins, a former SEC commissioner and Trump’s pick for SEC Chair, is expected to take a more crypto-friendly approach – if confirmed. Unlike his predecessor Gary Gensler, who cracked down hard on the industry, Atkins wants to introduce clear and predictable rules. He believes confusing regulations have slowed innovation and pushed businesses overseas.
His confirmation hearing today could set the stage for crypto’s next big chapter.
Senate Hearing Begins Today
Atkins will face the Senate Banking Committee today for his confirmation hearing, where he plans to push for a balanced regulatory framework. He has criticized the SEC’s past policies, arguing that complicated and politically driven rules have hurt businesses and investors. His goal is to create common-sense regulations that encourage growth while ensuring proper oversight.
Industry Support vs. Political Opposition
The crypto industry is optimistic about Atkins’ nomination, seeing it as a chance to move away from the SEC’s aggressive enforcement, which has driven innovation overseas.
But not everyone is on board. Senator Elizabeth Warren and other critics have raised concerns about his regulatory past. Warren has questioned his advisory role with FTX, his ties to major financial firms, and his decisions during the 2008 financial crisis. She recently sent him a 34-page letter demanding answers before his hearing.
Questions over Atkins’ crypto investments
Atkins’ financial records show he holds up to $5 million in a crypto investment fund and $1 million in equity across two crypto firms. His and his wife’s total assets exceed $328 million, mostly from his wife’s family wealth. These investments have raised concerns over potential conflicts of interest, which he is expected to address during the confirmation process.
What Happens Next?
Until Atkins is officially confirmed, Mark Uyeda will serve as interim SEC Chair following Gary Gensler’s resignation. The Senate will decide when to hold the final vote on Atkins. If he is approved, it could mean major changes in how the SEC regulates crypto.
While the crypto market welcomes a shift in policy, some worry that too much freedom could lead to illegal activities and fraud. Trump’s open support for meme coins like TRUMP, which remain unregulated, has added to concerns.
Over the last few months, some of Trump’s policies have backfired, and the crypto market is still recovering, far from its peak of $109K. Whether Atkins’ leadership will bring stability or new challenges remains to be seen.
Atkins might be the SEC’s new face, but in crypto, the real question is always the same – will the rules change the game or just the players?
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
US SENATE CLEARS RESOLUTION TO KILL IRS’S CONTROVERSIAL DEFI BROKER RULE
A rule to scrap a U.S. Internal Revenue Service rule targeting decentralized finance platforms has cleared the Senate, setting the stage for the president’s expected sign-off.
On March 26, the Senate voted 70-28 in favour of repealing the controversial DeFi broker rule, which sought to expand tax reporting requirements for businesses in the sector.
Earlier this month, the House of Representatives passed the resolution with bipartisan support, with Republican Representative Mike Carey, a vocal critic of the bill, calling it a “massive government overreach” that would compromise the privacy of American nationals and hinder growth in the industry.
Now, the resolution heads to President Donald Trump’s desk for final approval. David Sacks, the White House’s crypto and AI adviser, has previously confirmed the administration’s support, and Trump is expected to sign it into law.
The rules, initially proposed by the IRS and the United States Treasury Department in August and finalised in December 2024, would require DeFi platforms to report user transactions—specifically, gross proceeds from crypto sales—to the IRS, similar to traditional brokers.
This would include collecting and filing personal data of users involved in these transactions, which critics say goes against the nature of decentralisation and puts unnecessary pressure on platforms that often don’t have central operators.
Supporters of the repeal argued that the rule was unworkable in practice and could drive innovation out of the U.S.
The Blockchain Association, a digital asset advocacy group, along with the Texas Blockchain Council, sued the IRS last year.
Marisa Coppel, the association’s Head of Legal, criticized regulators in a joint statement last year, claiming that the IRS and Treasury had “gone beyond their statutory authority in expanding the definition of ‘broker.”
“Not only is this an infringement on the privacy rights of individuals using decentralized technology, it would push this entire, burgeoning technology offshore,” he added.
@ Newshounds News™
Source: CryptoNews
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Worst Crash Since Great Depression will Force Monetary Reset
Worst Crash Since Great Depression will Force Monetary Reset
Commodity Culture: 3-27-2025
In a recent episode of “Commodity Culture” with Jesse Day, market strategist Henrik Zeberg painted a stark, almost paradoxical, picture of the future. While many are bracing for an imminent market downturn, Zeberg believes the bears are premature.
He predicts a significant market rally, culminating in a dramatic blow-off top, before a recession and market crash eviscerates asset values and ultimately necessitates a monetary reset based on sound money, specifically gold.
Worst Crash Since Great Depression will Force Monetary Reset
Commodity Culture: 3-27-2025
In a recent episode of “Commodity Culture” with Jesse Day, market strategist Henrik Zeberg painted a stark, almost paradoxical, picture of the future. While many are bracing for an imminent market downturn, Zeberg believes the bears are premature.
He predicts a significant market rally, culminating in a dramatic blow-off top, before a recession and market crash eviscerates asset values and ultimately necessitates a monetary reset based on sound money, specifically gold.
Zeberg’s forecast hinges on the idea that the current market landscape, despite its apparent fragility, still holds the potential for a final, exuberantly irrational surge.
He argued that underlying market forces are not yet aligned for a sustained bear market. Instead, he envisions a dramatic final rally, driven by factors like lingering liquidity and the herd mentality of investors eager to chase returns. This “blow-off top,” as he describes it, will be the final act of this current market cycle, and its peak will be the precipice of significant economic pain.
Following this artificial high, Zeberg foresees a harsh and unavoidable correction. This won’t be a simple dip; he predicts a profound recession, potentially even a depression, where virtually all asset classes will suffer significant losses. He anticipates a crash that will wipe out substantial wealth and shake the foundations of the global economy.
The silver lining, according to Zeberg, lies in the ashes of this economic devastation. He believes that only when faced with the utter failure of current monetary policies will global powers be forced to consider a radical shift.
In this scenario, he sees a return to sound money principles, most likely anchored by gold. This wouldn’t be a matter of choice, but rather a necessary consequence of the collapse of the existing system.
Zeberg’s vision is a compelling, albeit unsettling, one. He suggests that riding the coming wave requires vigilance and a deep understanding of market cycles. While predicting a significant market rally, he also urges caution, emphasizing that the ultimate goal should be preserving capital and preparing for the inevitable downturn.
In his view, the short-term gains should be viewed as a prelude to a long and challenging period, ultimately leading to a fundamental shift in the global monetary system, a shift that favors the stability and security of gold.
Whether you agree with Zeberg’s specific timeline or not, his conversation with Jesse Day on “Commodity Culture” provides a thought-provoking and timely perspective on the potential trajectory of the markets and the future of money itself.
It underscores the importance of understanding macro trends and preparing for a range of potential outcomes in an increasingly uncertain economic landscape.