Seeds of Wisdom RV and Economic Updates Saturday Morning 6-14-25

Good morning Dinar Recaps,

SEC, Ripple File Motion to Release $125M in Escrow as Case Winds Down

The lawsuit against Ripple, filed by the United States Securities and Exchange Commission (SEC) in December 2020, is finally wrapping up.

Ripple and the SEC filed a joint motion on Thursday to release $125 million in funds held in an escrow account to pay for settlement costs ordered by the court.

According to the letter submitted by both parties, $50 million will be transferred to the SEC for the civil penalty against Ripple, with the remaining $75 million transferred back to Ripple, pending court approval. The filing attorneys wrote:

"The parties’ proposed resolution will preserve the resources of the Second Circuit by avoiding the need to decide appeals, obviate any remand for further proceedings in this Court, and bring 4.5 years of hard-fought litigation to an end."

SEC and Ripple Wind Down Case Following 2024 Ruling

In July 2023, Judge Analisa Torres ruled that secondary sales of the XRP (XRP) token are not securities, granting Ripple and the crypto industry a partial yet major victory.

However, the Judge also ruled that selling XRP to investors during funding rounds did constitute securities sales, due to how the tokens were offered as compensation for investment in a business enterprise.

As a result, Ripple was ordered to pay a $125 million penalty to the SEC as per a subsequent ruling from Judge Torres in August 2024.

Unsatisfied with the outcome, the SEC filed an appeal in October 2024 — roughly one month ahead of the 2024 U.S. presidential election.

Brad Garlinghouse, the CEO of Ripple, announced that the SEC was dropping the appeal, in a March 19 X post, accompanied by a video statement from the CEO celebrating the outcome as the de facto “ending” of the case.

Shortly after the announcement, Ripple agreed to drop its cross-appeal with the SEC. The crypto firm also secured a refund from a lower court, allowing it to retain $75 million of the $125 million penalty stipulated in the August 2024 ruling.

@ Newshounds News™
  Source: Cointelegraph   

~~~~~~~~~

BRICS & De-dollarization: US Dollar Faces Severe Crisis as Allies Exit

The BRICS de-dollarization efforts have catalyzed various major transformations as member nations—and others—implement strategic measures to reduce dollar dependency in international trade.

Through several key approaches, the economic bloc has spearheaded what experts describe as a severe US dollar crisis via local currency agreements and alternative payment systems.

Across multiple significant areas, this global trade shift has become the most substantial challenge to American financial dominance. The BRICS currency alternative is gaining momentum through bilateral agreements.

The use of the US dollar in trade among BRICS countries has been reduced to approximately one-third of its previous level, and the de-dollarization impact now extends beyond economics, as nations seek greater financial sovereignty and independence.

BRICS Push New Currency as Dollar Loses Trust in Global Trade Shift

Bilateral Currency Agreements Accelerate BRICS De-dollarization

Through numerous developments, BRICS de-dollarization initiatives have reshaped global trade via direct bilateral currency agreements.

• Russia and China have led the way, with over one-third of Russian trade conducted in Chinese yuan by the end of 2024. The share of ruble-based exports rose from 10% to over 40% during the first year of the Ukraine conflict, highlighting how geopolitical pressure can hasten these shifts.

• Brazil has also advanced this agenda. At the 2023 business forum in Beijing, China and Brazil established direct exchanges between the Brazilian real and the yuan. Brazilian banks now use China’s cross-border payment system, making yuan transactions simpler and more efficient.

• India and the UAE entered an agreement to trade in Indian rupees, including a major deal where India purchased one million barrels of oil and paid in rupees. This deal occurred days before the UAE’s BRICS invitation, signaling widespread interest in dollar alternatives.

• Tanzania’s ban on the US dollar helped pave the way for neighboring countries like Kenya and other East African Community nations to explore similar paths.

BRICS Pay System Challenges Western Financial Infrastructure

BRICS nations have developed BRICS Pay, a decentralized payment messaging system that allows transactions in local currencies, aiming to reduce dependence on Western systems like SWIFT. This is a technological breakthrough in the bloc’s de-dollarization effort and a direct challenge to US financial dominance.

The New Development Bank (NDB) plays a crucial role in this transformation. With an authorized capital of $100 billion, the NDB has financed infrastructure projects in local currencies, reinforcing financial sovereignty and weakening traditional Western institutions.

In Brazil, the NDB has financed BRL 1,041 million (RMB 1,425 million) to expand power distribution infrastructure.

• In Russia, the NDB provided $68.8 million for the Ufa East Exit Project.

These investments show how de-dollarization is evolving from policy into tangible infrastructure and economic development.

@ Newshounds News™
Source: Watcher.Guru

~~~~~~~~~

Realized Cap: XRP Overtakes Solana

While attention focuses on upcoming regulations and ETFs in the making, a less-publicized technical indicator is reshuffling the deck. XRP has recorded a fourfold increase in its realized capitalization compared to Solana.

This capital shift hints at a deeper and unexpected market dynamic, challenging the current wave of enthusiasm around Solana. Behind this metric, a change in investor perception appears to be unfolding—returning XRP to a central role in the altcoin arena.

▪️ XRP shows a +4.2% increase in realized capitalization vs. +1% for Solana over the past 30 days
▪️ The difference suggests a rapid capital rotation toward XRP, signaling short-term renewed investor confidence
▪️ Webus International, VivoPower, and Wellgistics have committed over $470 million to XRP treasury strategies
▪️ XRP is aligning with institutional standards, while Solana enters a consolidation phase

The Indicator Reshaping the Map: XRP Leads Solana

While ETFs may eventually push both XRP and Solana to new highs, Ripple’s token has already surged ahead in terms of realized capitalization—a key on-chain metric. According to Glassnode, XRP is up +4.2% in 30 days, while Solana has risen just +1%.

This clear differential shows accelerated fund inflows into XRP, suggesting traders and investors are showing short-term renewed conviction in the asset.

In contrast, Solana’s slower pace comes despite being a focal point in ETF discussions. This divergence implies that real capital flows are favoring XRP, which may not yet be reflected in market buzz.

Understanding Realized Capitalization

To grasp the importance of this evolution, it’s essential to understand the metric itself:

▪️ Realized capitalization represents the aggregated value of tokens based on their last transaction price—a more accurate reflection of “activated wealth”
▪️ XRP: +4.2% increase signals not just speculation, but committed capital inflows
▪️ Solana: +1% suggests a consolidation phase or waning buyer momentum
▪️ The direct read: investors may be shifting into XRP for yield, stability, or tactical repositioning

In fast-moving markets where technical indicators carry weight, this shift in realized cap could mark the early stages of a broader trend.

Institutional Adoption & Legal Clarity Boost XRP

A major driver behind XRP’s momentum may be institutional engagement:

• Webus International ($300M)

• VivoPower ($121M)

• Wellgistics ($50M)
  Together, these firms have committed over $470 million to XRP treasury strategies.

Additionally, Trident, a Nasdaq-listed company in Singapore, is planning to raise $500 million, also focused on XRP.

These moves come amid a dramatically improved legal climate for Ripple. The SEC and Ripple recently filed a joint motion to dissolve an injunction and cancel a $125 million penalty, signaling potential resolution of long-standing regulatory hurdles.

Unlike Solana, which relies on its developer ecosystem and ETF hype, XRP is increasingly viewed as an operational treasury asset—bridging traditional finance and crypto.

From Speculative Token to Strategic Reserve

By combining:

• Rising technical indicators

• Institutional capital allocation

• Legal resolution with the SEC

XRP appears to be undergoing a strategic transformation—from a speculative token to a practical institutional-grade reserve asset.

If sustained, this shift could mark a lasting turning point in XRP’s role within the global financial system, far beyond temporary price movement.

@ Newshounds News™
Source: Cointribune   

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room 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 6-13-25

Good Morning Dinar Recaps,

SEC Axes Biden-Era Proposed Crypto Rules in Flurry of Repeals

The U.S. Securities and Exchange Commission (SEC) has rescinded a wide slate of proposed rules introduced under the Biden Administration, including two that directly targeted crypto custody and DeFi protocols.

In a move reflecting President Donald Trump’s regulatory rollback agenda, the SEC said on Thursday that it is officially withdrawing several notices of proposed rulemaking issued between March 2022 and November 2023, during former Chair Gary Gensler’s tenure.

The agency emphasized that it “does not intend to issue final rules with respect to these proposals,” but left the door open to propose new rules in future regulatory actions if deemed necessary.

“Down goes 3b16, qualified custodian, and all the other unfinished Gensler rule proposals,”
— Paul Grewal, Coinbase Chief Legal Officer

Exchange Definition Rule Nullified

Among the 14 rules withdrawn, a key proposal was Rule 3b-16, which aimed to expand the definition of “exchange” to include decentralized finance (DeFi) protocols. The amendment also intended to tighten crypto custody standards for investment advisers.

The rule sought to include in the definition of “exchange” systems that offer non-firm trading interest and communication protocols to connect buyers and sellers of securities. If implemented, this could have classified many DeFi platforms as securities exchanges, subjecting them to federal oversight.

First introduced in March 2022, the proposal drew strong criticism. In March 2025, SEC Commissioner Mark Uyeda recommended abandoning the rule, which attempted to fold crypto firms into the “alternative trading system” classification.

Crypto Custody Rule Rescinded

Another major repeal was the SEC’s Safeguarding Advisory Client Assets rule, first proposed in March 2023, which would have expanded custody requirements for crypto assets.

The rule proposed expanding the Custody Rule under the Investment Advisers Act of 1940 to cover all client assets, including digital assets. It mandated that all such assets be held with a “qualified custodian”—typically meaning a regulated bank or broker-dealer.

This posed a serious threat to the crypto sector, as most crypto exchanges and wallet providers did not qualify as “qualified custodians.” Investment advisers would have been forced to either change providers or exit the crypto space altogether.

Commissioner Uyeda had previously asked SEC staff to consider withdrawing the crypto custody proposal, which has now been officially rescinded.

Other Rules Rescinded

In addition to the high-profile crypto rules, the SEC also repealed several non-crypto rules with indirect implications for the digital asset industry, including:

• Cybersecurity risk management and reporting rules for investment advisers and funds—important for crypto fund managers and custodians.

• A rule on position reporting for large security-based swaps, which could have affected firms with large crypto derivatives exposure.

• A rule requiring enhanced ESG (environmental, social, and governance) reporting for public companies—widely criticized by conservative policymakers.

These repeals mark a major shift in the regulatory tone coming from Washington, aligning with the Trump Administration’s broader commitment to deregulation in financial and crypto markets.

@ Newshounds News™
Source:  Cointelegraph

~~~~~~~~~

US Senate Schedules Final GENIUS Stablecoin Bill Vote for June 17

The U.S. Senate is scheduled to cast its final vote on the GENIUS Act next Tuesday, a key legislative move that could shape the future of stablecoin regulation in the United States.

According to an official notice posted on Thursday by Senate Democrats, the final vote on the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) will take place on June 17, with the exact time to be determined by the Majority Leader in consultation with the Democratic Leader.

If passed, the bill will then proceed to the House of Representatives for further voting. The GENIUS Act seeks to establish a comprehensive legal framework for stablecoins and their issuers within the U.S. financial system.

Key Provisions of the GENIUS Act:

• Requires stablecoins to be fully backed by U.S. dollars or other liquid assets.

• Imposes mandatory annual audits for issuers managing over $50 billion in market capitalization.

• Introduces compliance requirements for foreign-based issuers operating within U.S. markets.

The Senate's procedural vote on Wednesday cleared the way for the upcoming final decision, which comes amid growing bipartisan interest in regulating the digital asset space.

If passed in the Senate, the GENIUS Act will move to the House, where lawmakers have introduced their own bill—the Stablecoin Transparency and Accountability for a Better Ledger Economy Act (STABLE Act). This bill was advanced out of committee in May but differs from the GENIUS Act in critical areas, including jurisdictional control (state vs. federal) and oversight of foreign issuers like Tether.

Despite these differences, momentum is building. Stablecoin legislation has gained strong backing from President Donald Trump, who has publicly endorsed the GENIUS Act and expressed hopes for final passage by August.

Adding to the push, Treasury Secretary Scott Bessent stated earlier this week that stablecoin legislation could set the stage for massive market expansion. He forecasted that the USD stablecoin market could exceed $2 trillion by the end of 2028, a significant leap from its current size of $252 billion, according to CoinGecko.

The upcoming vote on June 17 is seen as a pivotal moment that could establish the United States as a leader in global stablecoin regulation while providing much-needed clarity and security to issuers, investors, and the broader financial sector.

@ Newshounds News™
Source:  The Block

~~~~~~~~~

BRICS: 71 Countries Settled Trade Without the US Dollar  

The BRICS alliance is making significant strides in its de-dollarization strategy, actively sidelining the U.S. dollar in favor of local currencies for international trade. This movement is gaining traction worldwide, with countries like Nigeria and Iraq now banning the use of the USD in foreign exchange markets and oil settlements.

If BRICS unveils a transformative plan at its upcoming summit in Rio de Janeiro, the U.S. dollar’s long-standing global dominance could face serious pressure. As momentum grows, the question is no longer “if” the dollar will lose its stronghold, but “when.”

71 Countries Had Settled Trade Before BRICS Started De-Dollarization

A total of 71 countries had already moved away from using the U.S. dollar for trade settlements before BRICS formally launched its de-dollarization agenda. Recent data shows that these efforts include:

• Settling trade in local currencies

• Diversifying foreign currency reserves

• Reducing reliance on U.S. foreign exchange

• Conducting oil and commodity payments in non-USD terms

The earliest recorded shift came in 2011, when China — a founding BRICS member — began favoring the gold-backed yuan over the U.S. dollar in its oil purchases. That initial move sparked a gradual and calculated transition to alternative currencies in trade deals throughout the following years.

BRICS Drives the Agenda — With Global Participation

These dollar-free transactions span a wide range of nations across Europe, South America, Asia, Africa, and Australia. Both allies and adversaries of the U.S. have participated, leaving Washington increasingly isolated on the world financial stage.

While this global trend began well before 2022, BRICS greatly accelerated its commitment to de-dollarization following sweeping U.S. sanctions on Russia in the wake of the Ukraine invasion.

July Summit Could Mark a Turning Point

The upcoming 17th BRICS Summit, scheduled for July 6–7 in Brazil, could bring the dollar’s future under the global spotlight. Many developing countries are pushing back against Western financial dominance and seeking to chart their own paths toward financial independence.

If the BRICS bloc unveils a new framework for trade and reserves — one that cuts out the dollar entirely — a fundamental shift in global finance could be underway.

As BRICS continues to gain influence, the next decade may usher in a multipolar currency system, diminishing U.S. leverage and expanding financial sovereignty for dozens of emerging economies. 

@ Newshounds News™
 Source: Watcher.Guru   

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

"Silver Suggests Upside Breakout For GOLD" –

"Silver Suggests Upside Breakout For GOLD" –

Mike Maloney:  6-12-2025

Silver May Be Signaling a Major Move in Gold — Are You Paying Attention?

 In this explosive new update from Mike Maloney, you’ll discover why silver's recent strength could be a leading indicator for an imminent breakout in gold prices.

 Mike revisits historic silver price spikes and analyzes what made them possible—comparing the retail frenzy of 2011 to today’s industrial scarcity and institutional awakening.

You'll also learn about: The gold-silver ratio and how it could multiply your gold holdings

Central banks ditching fiat for gold — not crypto

The staggering math behind a hypothetical gold-backed U.S. debt

 Why hoarding cash may be the wrong move in this economic climate

 Are we on the cusp of another financial turning point?

Dive into this timely analysis and arm yourself with the knowledge to act.

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

Seeds of Wisdom RV and Economic Updates Thursday Morning 6-12-25

Good Morning Dinar Recaps,

GENIUS Stablecoin Bill Passes Key Vote, Advances in US Senate

Weeks after a stablecoin bill stalled over Trump-linked concerns, the Senate has advanced the GENIUS Act — a major step in shaping digital asset regulation in the United States.

In a 68-30 vote, the U.S. Senate voted to advance the Guiding and Establishing National Innovation for U.S. Stablecoins, or GENIUS Act, more than a month after its introduction.

Speaking from the Senate floor on Wednesday, Majority Leader John Thune urged lawmakers to back the bill, echoing many of former President Donald Trump’s talking points on digital assets — including claims that the legislation would help position the U.S. as the “crypto capital of the world.”

“We want to bring cryptocurrency into the mainstream, and the GENIUS Act will help us do that,” said Thune.

A majority of senators — including several Democrats — voted to invoke cloture, setting up the bill for debate and a full floor vote, before potentially sending it to the House of Representatives for further consideration.

Thune acknowledged that there is still “more work to be done” in Congress regarding digital assets, referencing a separate market structure bill in the House: the CLARITY Act, which was recently advanced by two committees and may face a floor vote soon.

Pushback From Democrats

Massachusetts Senator Elizabeth Warren voiced sharp criticism, calling the bill “riddled with loopholes” and warning it lacked adequate safeguards for consumers, national security, and financial stability.

“Through his crypto business, Trump has created an efficient means to trade presidential favors like tariff exemptions, pardons, and government appointments for hundreds of millions, perhaps billions of dollars,” Warren said.
“By passing the GENIUS Act, the Senate is not only about to bless this corruption, but to actively facilitate its expansion.”

Warren also condemned the Senate for not addressing bipartisan amendments and cited ongoing concerns about Trump’s family-linked crypto platform, World Liberty Financial, which rewards memecoin holders with perks such as dinner and access to the president.

Path to Becoming Law

Though many Democrats supported the cloture motion, some are still pressing Republicans for further amendments. It remains uncertain whether the bill will clear the Senate, where Republicans hold only a slim majority.

Following the initial cloture failure in May, David Sacks, Trump’s so-called “AI and crypto czar,” stated that the White House expected bipartisan Senate approval. Meanwhile, the House companion bill — the STABLE Act — was still under consideration by the Financial Services Committee as of May.

@ Newshounds News™
Source:  Cointelegraph

~~~~~~~~~

BRICS: The Global Bombshell That Shifts Power Away From the West

The BRICS power shift has catalyzed a critical turning point, as the expanded alliance now includes Saudi Arabia, Iran, UAE, Egypt, and Ethiopia as full members. The bloc has revolutionized global energy control, now commanding over 40% of global oil production, and has surpassed the G7 in purchasing power parity GDP.

Major economic indicators from 2025 reveal that BRICS countries settled over $400 billion in trade without US dollars last year alone, accelerating the move away from traditional currency systems. This shift has helped pioneer an alternative global economic system that strategically bypasses Western financial infrastructure.

How BRICS Power, Oil, and Currency Are Reshaping the Global Map

Energy Dominance Shifts Global Control

BRICS now oversees more than 40% of global oil production, thanks to the inclusion of Saudi Arabia and Iran, whose massive reserves have been pulled under the bloc’s umbrella. Russia contributes significantly to natural gas supply, bolstering BRICS' energy dominance. This alliance was no accident—it was strategically architected through several development phases.

In 2024, Russia began settling LNG trades with India in rupees, and Iran optimized an expansive barter system with China. Meanwhile, Qatar has expressed interest in a “BRICS energy coordination mechanism” that could further transform the global energy landscape.

“Trump’s erratic trade policy decisions and the dollar’s sharp depreciation are probably encouraging a more rapid shift towards other currencies.” — Francesco Pesole, ING

Currency Revolution Accelerates Global Changes

The de-dollarization trend has led BRICS to construct a sweeping network of alternative financial pathways. China and Brazil are now settling bilateral trade in yuan, while India and Russia use a rupee-ruble payment mechanism. Saudi Arabia’s decision to accept yuan for oil sales to China marks one of the most historic developments in global finance.

BRICS has also spearheaded the creation of alternative payment systems that bypass SWIFT. As a result, the U.S. dollar’s share in global reserves dropped to 57.8% in 2024—a substantial decline with far-reaching consequences.

“Countries are looking at the fact that the dollar has been, and can be used as a sort of weapon on trade, direct sanctions, etc… That’s been the real change, I think, in the last several months.”
— Mitul Kotecha, Barclays

Economic Realignment Outpaces Western Response

The shift in global economic power between BRICS and the G7 has accelerated faster than most analysts predicted. Bank of America research shows that institutional capital is actively moving away from dollar dependency, and more than 40 countries have submitted membership applications to BRICS.

This expansion is not just economic—it is about sovereignty. BRICS members can now trade freely across major jurisdictions without external approvals. Countries like Nigeria, Thailand, Pakistan, and Venezuela are actively seeking to join the bloc, creating a global network spanning four continents.

“De-dollarization in ASEAN is likely to pick up pace, primarily via conversion of FX deposits accumulated since 2022.”
— Abhay Gupta, Bank of America

“There’s notable FX hedging activity; Japanese life insurers raised their hedge ratio from 44% to 48% in recent months.”
— Craig Chan, Nomura Securities

What began as a five-nation group has evolved into an economic superpower that dominates essential energy supplies and facilitates hundreds of billions in non-dollar trade. Though the U.S. dollar still holds a dominant share of global reserves, its role as the default trade currency is quickly eroding.

The BRICS power shift represents a systematic circumvention of Western financial dominance—not through confrontation, but through construction of an entirely new infrastructure.  

@ Newshounds News™
Source:  Watcher.Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Fed's 'Shady' Gold Secrets Spark Audit Bill; A 'Reckoning is Near'

Fed's 'Shady' Gold Secrets Spark Audit Bill; A 'Reckoning is Near'

Daniela Cambone:  6-11-2025

“The gold might be there—but who owns it? That’s the real question,” asks Jp Cortez of the Sound Money Defense League.

In today’s interview with Daniela Cambone, Cortez calls for a comprehensive audit of U.S. gold holdings, highlighting the recent reintroduction of the Gold Reserve Transparency Act of 2025 by Rep. Thomas Massie.

“An ounce of gold can change hands a thousand times without moving a single inch,” Cortez explains.

 With Florida recently eliminating its sales tax on gold and silver, and more than 40 other U.S. states partially or fully exempting sales tax on these metals, Cortez views this growing trend of tax exemption as a reaffirmation of “the constitutional role of gold and silver as real, tangible money in our modern economy.”

Chapters:

00:00 Why the gold reserve transparency act matters?

 5:54 Jp’s take on whether the gold is really there.

7:07 Why gold isn’t liquid?

8:45 How the bill could restore confidence?

 9:48 Challenges the bill might face.

11:41 What’s next for Florida?

15:40 Fed: Rising interest in sound money may challenge policy.

https://www.youtube.com/watch?v=7ETOO-nh-H4

Seeds of Wisdom RV and Economic Updates Wednesday Morning 6-11-25

Good Morning Dinar Recaps,

CRYPTO INDUSTRY LEADERS RAISE CONCERNS OVER CLARITY ACT’S ‘GENSLER-ERA’ AMENDMENT AHEAD OF MARKUP

Crypto industry players are raising red flags over a new section added to the Digital Asset Market Clarity (CLARITY) Act of 2025 ahead of today’s markup session, warning that it closely resembles the aggressive regulatory posture of the prior administration.

Crypto Industry Players Raise the Alarm

On Tuesday, crypto stakeholders voiced their concerns over the newly amended text of the CLARITY Act. According to journalist Eleanor Terret, industry leaders have described the added provision as a “Gensler-era” measure, reviving fears about unclear and burdensome oversight.

The legislation, introduced on May 29 by Chairman of the House Financial Services Committee French Hill, is intended to build a comprehensive regulatory framework for digital assets in the U.S., promising the clarity and protection long sought by the crypto industry.

The bipartisan bill aims to:

• Protect consumers by requiring developers and customer-facing companies to provide essential disclosures.

• Safeguard client assets by mandating separation of customer and corporate funds.

• Support innovation, offering developers a regulated path to raise capital under government oversight.

“Our bill brings long-overdue clarity to the digital asset ecosystem, prioritizes consumer protection and American innovation, and builds off our work in the 118th Congress,” Hill said in a statement last month.

However, Terret reported that the new amendment would “eliminate exemptions for previously issued tokens,” thereby giving the Securities and Exchange Commission (SEC) broad discretionary power to determine on a case-by-case basis whether each token constitutes a security.

Critics argue this move undermines the entire purpose of the bill, warning it may reintroduce regulatory uncertainty that the bill was initially designed to resolve. Some investors fear the amendment could enable a system of “winners and losers” determined by the SEC’s discretion.

Political Opposition Grows

The legislation has also drawn sharp criticism from Democrats. Some argue that it could create opportunities for former President Donald Trump to benefit financially through crypto-related ventures.

Rep. Maxine Waters (D-Calif.) was especially vocal, stating:

“This rushed, overly complicated bill will increase investor harm, which already runs rampant in today’s crypto market.”

She continued:

“Some of the riskiest activities are broadly exempted from the bill, leaving our constituents with no one to turn to when their money vanishes. The bill puts our national security at risk and contains no penalties for crypto criminals.”

Momentum Builds with the BRCA Inclusion

Despite the controversy, the bill gained momentum with the inclusion of the Blockchain Regulatory Certainty Act (BRCA), which provides legal protections for non-custodial software developers and infrastructure providers.

As reported by Bitcoinist, eight major crypto policy groups signed a joint statement urging Congress to add the BRCA to the CLARITY Act. The BRCA was reintroduced on May 21, 2025, by Rep. Tom Emmer (R-MN) and Rep. Ritchie Torres (D-NY).

On June 8, the revised version of the CLARITY Act incorporated the BRCA, clarifying that non-custodial, peer-to-peer developers should not be regulated as money transmitters. In a joint statement, the crypto policy groups said:

“This is a meaningful step toward protecting developers of non-custodial, peer-to-peer technologies while maintaining strong oversight of custodial financial institutions.”

They added that the updated bill reflects a balanced regulatory approach, building on FinCEN’s 2019 guidance.

Industry Support Persists Despite Concerns

Even with the inclusion of the controversial amendment, major crypto firms such as Coinbase remain supportive. The company issued a statement asserting:

“Bipartisan momentum is building. Lawmakers from both sides agree: it’s time to protect consumers and unlock American innovation with clear crypto legislation. As Congress prepares for a key vote to advance the CLARITY Act, the message is clear: vote YES.”

Next Steps for the CLARITY Act

As of the time of writing, the CLARITY Act passed the House Committee on Agriculture markup with a decisive 47–6 vote, following nearly three hours of debate. The bill will now move to the House Financial Services Committee for further review, as reported by Terret.

@ Newshounds News™
Source: Bitcoinist

~~~~~~~~~

XRP LEDGER DEVS PLAN SIDECHAIN LAUNCH IN Q2 FOR ETHEREUM COMPATIBILITY

▪️ XRP Ledger plans to launch an EVM sidechain in Q2 2025 to gain Ethereum compatibility.
▪️ Ripple CTO David Schwartz announced the timeline at the Apex 2025 event in Singapore.

The XRP Ledger (XRPL) — a blockchain closely associated with cross-border payments company Ripple — is preparing to launch an Ethereum Virtual Machine (EVM) sidechain in the second quarter of 2025, in a significant move to bridge Ethereum smart contracts into its ecosystem.

This EVM-compatible sidechain aims to enable Ethereum-based smart contract functionality while preserving XRPL’s signature low-cost and high-speed transaction model.

Ripple’s Chief Technology Officer David Schwartz formally announced the upcoming launch during the ongoing Apex 2025 event in Singapore, according to Peersyst, one of the project’s principal development partners.

What the Sidechain Will Do

The EVM sidechain is a parallel blockchain that will run alongside the XRP Ledger. It is being developed by contributors Ripple and Peersyst, and is built using the evmOS software stack.

▪️ The sidechain is already live on testnet, serving as a trial environment to ensure functionality and performance.
▪️ A mainnet launch is expected to follow in Q2 2025 after further testing and the onboarding of validator partners.

Why Ethereum Compatibility Matters

While XRPL has its own support for native smart contracts, it does not currently support the Ethereum Virtual Machine (EVM) — the dominant development environment for decentralized applications (dApps) on Ethereum.

This limitation has meant that Ethereum developers could not easily port their applications to the XRP Ledger. The EVM sidechain solves that by bringing Ethereum-style programmability directly to the XRPL ecosystem.

Other projects like Flare Network also provide EVM-compatible smart contract capabilities that integrate with XRPL, but this new native sidechain represents a first-party, in-house solution from Ripple contributors.

Bridge Connectivity: Powered by Axelar

The EVM sidechain will connect to the XRP Ledger mainnet through a bridge mechanism. Specifically, Axelar has been selected as the exclusive bridge provider for the sidechain.

This bridge will enable transfer of assets, such as wrapped XRP, which will act as the native gas token on the sidechain.

This initiative represents a strategic leap toward greater interoperability between XRPL and the wider Ethereum ecosystem, expanding XRPL’s reach and relevance in the world of decentralized finance (DeFi) and smart contract-based applications.

@ Newshounds News™
Source:  Source: The Block

~~~~~~~~~

🇷🇺 BRICS: Oil Giant Eyes Chinese Yuan Bonds, Ignores US Dollar Assets
Kazakhstan’s KazMunayGas makes landmark shift toward de-dollarization

In a major financial pivot, Kazakhstan’s state oil and gas giant KazMunayGas is preparing to ditch US dollar bonds in favor of Chinese yuan-denominated debt, including dim sum and panda bonds.

Why the shift?
Yuan-based bonds offer cheaper debt options compared to US Treasuries — aligning with BRICS’ push to reduce USD dependence.

 “We looked at all options… Currently, there is a possibility to sell dim sum and panda bonds,” said CEO Askhat Khassenov to Bloomberg. “They offer rather good conditions.”

The move follows growing BRICS influence encouraging global firms to explore non-dollar financial instruments.

• Dim sum bonds = yuan bonds traded offshore

• Panda bonds = yuan bonds issued by foreign entities inside China

This marks the first time KazMunayGas sidelines US dollar assets — and may signal a larger trend among other BRICS-aligned oil firms.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Economist’s “News and Views” 6-10-2025

S&P To Hit 6,250 Then 30% Drop: 'Market Running Out Of Energy' Says Gareth Soloway

David Lin:  6-10-2025

Gareth Soloway, Chief Market Strategist at Verified Investing, examines whether the S&P 500’s sharp rebound marks a true bull market or a fleeting bounce while dissecting Fed policy shifts, tariff impacts, Bitcoin’s resistance ceiling, precious‑metal breakouts, and looming bond‑market risks.

0:00 - Intro

0:30 - China trade talks

2:32 - Labor market cracks

3:44 - Fed rate cuts?

4:51 - Bullish sentiment

8:30 - Breakout levels

13:21 - Why do we need a pullback?

15:36 - Triggers for move down

18:15 - Bitcoin

24:45 – Gold

 27:01 - Silver and other metals

30:18 - 10-year bond yield

31:34 - Favorite asset class

https://www.youtube.com/watch?v=G3-2z1wnOqw

BREAKING: China To Imminently Announce a Gold To Yuan Fixed Exchange Rate! - Alasdair Macleod

Financial Wisdom:  6-10-2025

0:00 - China aims to control global gold pricing from Shanghai

0:36 - How SGE vaults enable gold-yuan trade bypassing the dollar

 1:50 - China's strategic need to decouple from the US dollar

3:20 - Why China's survival may depend on linking yuan to gold

 4:34 - China's recognition of gold-backed economic stability

6:02 - Lessons from the UK gold standard and China's future plans

 7:14 - China's accumulation of gold reserves since the 1980s

8:55 - Shift of global gold from West to East

10:00 - China’s regional trade strategy post-Trump tariffs

11:08 - International expansion of the Shanghai Gold Exchange

 11:45 - Opening Shanghai Futures Exchange to foreign banks

12:10 - China’s push to move gold price control to Shanghai

https://www.youtube.com/watch?v=PiaXX2h3elE

Gold to $6,000 and Why the US Dollar is Losing Its Power, Part 2

Wealthion:   6-9-2025

Renowned economist David Rosenberg, known for his sharp insights and contrarian calls, recently returned to Wealthion with a powerful message for investors: prepare for a significant shift in the financial landscape.

 In Part II of his interview, Rosenberg laid out his compelling case for a gold surge to $6,000, a weakening U.S. dollar, and the compelling opportunity presented by Treasury bonds.

Rosenberg, now with Rosenberg Research & Associates, pulls no punches in his assessment of the current environment. He argues that the U.S. financial system is increasingly fragile, burdened by unsustainable debt and deficits, ultimately leading to a devaluation of the dollar and a scramble for safe havens.

Rosenberg’s boldest prediction is undoubtedly his forecast for gold. He believes the precious metal is poised for a significant rally, projecting a target of $6,000 this cycle.

This conviction stems from the growing global uncertainty, the rising cost of living, and the central banks’ accelerating accumulation of gold reserves. As global trust in fiat currencies wanes, gold is expected to become an increasingly attractive alternative.

Contrary to the prevailing narrative, Rosenberg believes Treasury bonds are currently mispriced, offering investors asymmetric upside.

 In a world grappling with economic slowdown and potential recession, he argues that the safety and liquidity of Treasuries make them a crucial asset for portfolio protection. He contrasts this with the prevailing mantra of the past decade, “There Is No Alternative” (TINA), where investors were forced into riskier assets like stocks in search of yield.

Rosenberg declares TINA dead, arguing that Treasuries now offer a compelling alternative for risk-averse investors seeking stability and potential appreciation.

The erosion of the U.S. dollar’s dominance is another key theme of Rosenberg’s analysis. He warns that America’s reserve currency status may be under threat as central banks worldwide are increasingly diversifying their holdings and accumulating gold. This trend, fuelled by concerns about U.S. debt and deficits, could further weaken the dollar and exacerbate inflationary pressures.

Adding further weight to Rosenberg’s thesis, Jonathan Wellum, CEO of Rocklinc, provides a special addendum reinforcing the importance of preparing for a world where the U.S. can no longer spend without consequences.

He emphasizes the need for investors to understand the underlying vulnerabilities of the U.S. financial system and proactively adjust their portfolios to mitigate potential risks.

David Rosenberg’s return to Wealthion offers a timely and thought-provoking perspective on the future of the global economy.

While predictions should always be approached with caution, his insights provide valuable guidance for navigating an increasingly uncertain financial landscape. Now is the time for investors to carefully assess their portfolios and prepare for the potential shifts ahead.

https://youtu.be/_Qr5AApfzKA

The Last Silver Bull Market Before The Reset | Clive Thompson

The Last Silver Bull Market Before The Reset | Clive Thompson

Liberty and Finance:  6-9-2025

Clive Thompson argues that the current bull market in gold and silver is unlike previous cycles and may be the final one before a major monetary reset.

 He suggests that this run doesn’t have a clear price target because it will continue until the collapse or replacement of the current fiat currency system.

 According to Thompson, the endgame will be triggered by a loss of confidence in fiat currencies, leading people to rush into tangible assets like precious metals and essential goods.

He believes that in any future currency reset, those holding physical gold or silver will retain their wealth, while holders of fiat financial assets will face severe losses or limited convertibility.

 This, he says, marks a historic transition where gold and silver won't just rise in price—they'll serve as a bridge to the next monetary system.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Silver

4:12 Gold

12:00 Platinum

13:49 US debt crisis

https://www.youtube.com/watch?v=k-hpN5IaMxc

Seeds of Wisdom RV and Economic Updates Tuesday Morning 6-10-25

Good Morning Dinar Recaps,

SEC Chair Paul Atkins says the right to self-custody is a 'foundational American value'

▪️SEC Chair Paul Atkins hinted at more of an openness toward self-custody, marking a departure from the previous administration.

▪️Since President Donald Trump took office and following former Chair Gary Gensler’s departure, the agency has taken a warmer approach to crypto.

A New Crypto Vision Under the Trump and Atkins Era

U.S. Securities and Exchange Commission Chairman Paul Atkins is turning a new page at the agency in how it views self-custody, describing it as a "foundational American value."

In remarks delivered Monday at the SEC’s final Crypto Task Force Roundtable, titled "DeFi and the American Spirit," Atkins hinted more of an openness toward self-custody, marking a departure from the previous administration.

"The right to have self-custody of one’s private property is a foundational American value that should not disappear when one logs onto the internet," Atkins said Monday. "I am in favor of affording greater flexibility to market participants to self-custody crypto assets, especially where intermediation imposes unnecessary transaction costs or restricts the ability to engage in staking and other on-chain activities."

Since President Donald Trump took office and following former SEC Chair Gary Gensler's departure, the agency has taken a warmer approach to crypto in part through dropping enforcement actions against major crypto industry players and creating the crypto task force.

The task force has hosted five roundtable discussions over the past few months with a focus on tokenization, custody, trading, and defining securities.

Atkins has criticized the agency's previous approach, and on Monday, accused the agency of undermining the innovation in self-custody by asserting that developers could be brokers, and therefore, need to follow the SEC's rules.

"I do not believe that we should allow century-old regulatory frameworks to stifle innovation with technologies that could upend and most importantly improve and advance our current, traditional intermediated model," Atkins said. "We should not automatically fear the future."

Atkins also said he asked SEC staff to look into next steps.

"I have asked the Commission staff to explore whether further guidance or rulemaking may be helpful for enabling registrants to transact with these software systems in compliance with applicable law," he said.

@ Newshounds News™
Source:  The Block

~~~~~~~~~

Trump's CFTC pick Quintenz pledges clear crypto classification in written remarks for Senate hearing

▪️Brian Quintenz, nominee for new CFTC chair, said he would support bringing clarity to crypto classification and jurisdiction for market oversight.
▪️Quintenz said he would utilize his experience as head of policy at a16z crypto to shape future regulations around crypto.

Brian Quintenz, nominee to lead the U.S. Commodity Futures Trading Commission, has pledged to provide clear classification and jurisdictional clarity for digital asset market regulation in a written statement shared ahead of his nomination hearing.

The former CFTC commissioner was nominated by President Donald Trump in February, and is scheduled to appear before the Senate Agriculture Committee for a nomination hearing on Tuesday.

"It is time for a comprehensive regulatory framework for crypto assets, including token classification clarity and clear jurisdiction for trading market oversight," said Quintenz. "I am fully prepared to use my experience and expertise to assist in that effort as well in executing any expanded mission should legislation pass into law."

@ Newshounds News™
Source:  The Block

~~~~~~~~

Nigeria Calls on BRICS To Switch Trading in Local Currencies

Nigeria has called on BRICS to switch to trading in local currencies and refrain from using the US dollar for cross-border transactions. During a meeting at the BRICS trade forum held in Brazil, Nigeria’s House Committee on Foreign Affairs, Wole Oke, said that the alliance must begin investing in each other’s economy to maintain equal economic stability for all.

At the trade forum, he urged BRICS to reduce usage of US dollar transactions and begin payments in local currencies. He also urged the bloc to reduce dependency on Western powers and uplift the economies of developing countries.

“Strengthening BRICS trade is no longer optional, it is a necessity. We must trade more with each other, invest in one another, and build a trade ecosystem that puts our people first,” he said, stressing that the time to use local currencies for trade is ripe.

The lawmaker proposed BRICS to create a new establishment for local currency settlements that cuts exposure to “volatile currency politics”. He added that investments must be made in all business sectors including pharmaceuticals, agriculture, manufacturing, and clean energy.

The foreign minister stressed that BRICS members have an overall GDP of 40% of the global economy, and the potential to make it even bigger is untapped and can be a success if local currencies are made the norm. Nigeria is among the 13 partner members of BRICS and is considering reshaping the global finances.

Nigeria Follows the Footsteps of BRICS, Makes Local Currencies Official

Just recently, the government of Nigeria announced that only their local currency, the Nigerian naira will be the official tender for oil trade in the country, ending dependency on the US dollar. 

All oil-refiners must use the local currency and the move could boost its prospects in the forex markets. The African country is looking to tackle the US dollar’s dominance by putting it second in line for oil payments.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Monday Morning 6-9-25

Good Morning Dinar Recaps,

ETF ISSUERS PUSH SEC TO RESTORE ‘FIRST-TO-FILE’ APPROVAL PROCESS—CRITICIZE REGULATORY DELAYS ON STAKING & ALTCOIN ETFS

A group of leading ETF firms is urging the SEC to return to the “first-to-file” approval model, claiming the current system undermines innovation and rewards passive behavior.

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

VanEck, 21Shares & Canary Capital Fire Back at the SEC

📨 ETF issuers VanEck, 21Shares, and Canary Capital have submitted a formal letter to the U.S. Securities and Exchange Commission (SEC) calling for a reinstatement of the first-to-file approval system for ETFs.

🔍 Their main arguments:

• Skipping the queue discourages innovation

• Delays stifle investor choice

• The current system hurts competition

“The reduced incentive for pioneering product development… compromises market efficiency and fundamentally undermines the commission’s mission.”

They also warned that regulatory inconsistency may cost the U.S. its leadership in financial innovation.

Crypto ETF Momentum Grows Under Trump Administration

Since President Trump’s inauguration, there has been a noticeable surge in crypto ETF applications, reflecting growing expectations for a more favorable regulatory climate.

Yet, despite increased activity, SEC delays are widespread.

SEC Slow-Walks Approval on Staking & Altcoin ETFs

Staking and altcoin ETF filings have multiplied — but so have SEC postponements.

 Notable delays include:

• Grayscale’s spot Solana ETF – Now pushed to October

• Staking and XRP ETFs – Delayed with no early approvals expected

Analyst Insight:

“Almost all of these filings have final due dates in October. Early decisions are out of the norm.” — James Seyffart, Bloomberg ETF Analyst

📉 Even REX-Osprey’s staked ETF products, which had effective registration statements, were halted due to SEC concerns over fund structure — dimming expectations for near-term launches.

Why It Matters

With institutional interest booming and crypto markets expanding, regulatory clarity and efficiency are now mission-critical.

 Returning to a transparent and orderly “first-to-file” process could:

• Reinvigorate innovation

• Restore trust among issuers

• Accelerate broader crypto ETF adoption

Final Thought

As crypto ETFs evolve into a pillar of digital asset investing, the SEC’s next moves could define U.S. market leadership for years to come.

@ Newshounds News™
Source:  Cointelegraph

~~~~~~~~~

Ripple Launches Japan-Focused Web3 Program Backed by JETRO

Ripple teams with Web3 Salon to fund XRPL-based innovation in Japan—grants up to $200K, major events planned through 2026, and a bold push to accelerate real-world Web3 adoption in Asia.

Ripple Backs Japan’s Web3 Startups with Grants and Mentorship

Ripple is expanding its footprint in Asia with a dedicated initiative to support Web3 startups in Japan, in partnership with Web3 Salon, a program powered by Asia Web3 Alliance Japan and supported by JETRO (Japan External Trade Organization). The new program is designed to drive real-world development on the XRP Ledger (XRPL) by equipping Japanese entrepreneurs with capital, technical mentorship, and regulatory guidance.

▪️ Ripple & Web3 Salon will award up to $200,000 per startup

▪️ Program backed by Ripple’s Japan & Korea Fund

▪️ Four major events planned across Japan through March 2026

$200K Grants to Fuel XRPL Innovation in Japan

At the core of the program is Ripple’s Japan & Korea Fund, part of its broader $1 billion commitment to the XRP ecosystem announced in 2022. Japanese startups building solutions in DeFi, tokenized real-world assets (RWA), and digital payments on the XRPL are eligible to receive grants of up to $200,000.

Along with capital, startups will gain access to Ripple’s global investor and advisor network, offering early-stage founders strategic advantages in funding, business development, and scaling.

Mentorship & Market Strategy Led by Web3 Salon

While Ripple drives capital support and network access, Web3 Salon will take the lead on founder mentorship, compliance support, and go-to-market readiness. In a country with stringent but transparent crypto regulations, this collaboration is positioned to help startups navigate legal complexities and build sustainable, regulation-ready ventures.

Four Major Events Planned Through Early 2026

Ripple’s regional strategy is also reinforced through an ambitious event roadmap. Community leader WrathofKahneman confirmed that this initiative aligns with Ripple’s long-term expansion in Asia.

From now through March 2026, Ripple and Web3 Salon will co-host four major events in Japan, featuring:

• Pitch competitions

• Policy and regulatory panels

• Investor networking

• Web3 workshops and education

These events are designed to accelerate ecosystem growth and encourage collaboration among developers, policymakers, and enterprise partners.

Japan’s Web3 Opportunity: Clarity Meets Innovation

With its tech-savvy market, supportive institutions, and clear regulatory structure, Japan is uniquely positioned to become a Web3 powerhouse in Asia. Ripple’s strategic alignment with JETRO-backed Web3 Salon represents an institutional push to remove entry barriers for blockchain innovators.

As Ripple continues to invest in foundational technologies and ecosystems, Japan could emerge as a regional leader in real-world blockchain adoption—powered by the XRP Ledger.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

BRICS: 50+ Nations Now Use Yuan, Rupee, Ruble—Not US Dollar in Trade

BRICS-led de-dollarization deepens as over 50 countries shift to local currencies in energy and defense sectors, replacing dollar-based trade systems with yuan, rupee, and ruble.

BRICS Powers Global Shift Away from US Dollar

A global financial shift is accelerating as over 50 nations now conduct trade in yuan, rupee, and ruble, especially within oil and defense sectors, reducing reliance on the U.S. dollar. BRICS nations are at the center of this transformation, using currency trade agreements and new payment infrastructures to bypass the petrodollar system.

India and Russia Drive the Local Currency Trade Boom

The strategic cooperation between India and Russia has shown that local currency settlements are not only viable but efficient. India continues to buy Russian oil using rupees, directly paying energy giant Rosneft without the traditional SWIFT-based, dollar-centered mechanisms.

In defense trade, Russia supplies nearly 66% of India’s military imports, and these deals are increasingly settled in yuan, rupee, or ruble. Bilateral agreements have made national currency transactions standard, demonstrating that large economies can shift away from the dollar without friction.

India–Russia trade surged from $13B in 2021 to $27B in 2022—largely due to local currency payments.

Saudi Arabia Joins the De-Dollarization Movement

Saudi Arabia, long seen as a pillar of the petrodollar system, is now engaging in currency swaps with China and discussing yuan-based oil settlement mechanisms. This marks a historic turning point in global energy markets.

Russian President Vladimir Putin emphasized this shift during the BRICS Summit in Kazan:

“The dollar is being used as a weapon. We really see that this is so. I think that this is a big mistake by those who do this.”

Commonwealth Nations Embrace National Currencies

The Commonwealth of Independent States (CIS) has reached an advanced stage of de-dollarization: over 85% of cross-border trade within the bloc now uses local currencies, directly reflecting the BRICS influence in shaping regional currency practices.

Brazilian President Luiz Inacio Lula da Silva also criticized dollar hegemony, stating:

“Resorting to unilateralism undermines the international order… the consistent defense of multilateralism is the only path we must follow.”

BRICS Pay and Dollar-Free Infrastructure Expansion

To facilitate this growing currency shift, BRICS is rapidly developing BRICS Pay, a payment system that supports multinational trade in local currencies. While a single unified BRICS currency remains under discussion, BRICS Pay already allows seamless transactions outside the dollar system.

This infrastructure also helps countries circumvent sanctions while maintaining legal trade, contributing to the ongoing decline of petrodollar dominance.

Over 50 nations are now engaging in non-dollar trade across key sectors—marking a turning point in the global financial order.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

More News, Rumors and Opinions Sunday PM 6-8-2025

KTFA:

Clare:  The President of the Republic of Iraq arrives in France

6/8/2025

Iraqi President Abdul Latif Jamal Rashid arrived in France on Sunday on an official visit to participate in the third United Nations Ocean Conference in Nice.

The President is accompanied on his visit by First Lady Shanaz Ibrahim Ahmed, Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein, and a number of officials and advisors. LINK

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

Clare:  Al-Sudani: 80 locally manufactured goods are being exported, and the development path will create a new Iraq.

6/8/2025

Prime Minister Mohammed Shia al-Sudani announced on Sunday that approximately 80 locally manufactured goods are currently being exported abroad, considering the vital "Development Road" project to enable Iraq to become an economic corridor serving the entire world.

Al-Sudani said in a statement during his meeting with a number of sheikhs and tribal leaders in Iraq, on the occasion of Eid al-Adha, that: “The fields of work are witnessing today a great deal of effort and the treatment of poor management and planning, and they have been returned to their proper path.”

He added that there are significant economic reforms underway, and that we have focused on the parallel economic sectors to oil, activating their contribution to the economy. He added, "We have been able to identify 80 Iraqi-made products that are currently being exported."

Al-Sudani continued, saying that Iraq could be an economic corridor serving global trade and the countries of the region, and that the path to development would create a new Iraq. He added, "We have established Iraq's position on various issues and the independence of its political decision-making."

In April 2024, Iraq, Turkey, the UAE, and Qatar signed a quadripartite agreement on the Iraq Development Road Project, under the auspices of Iraqi Prime Minister Mohammed Shia al-Sudani and Turkish President Recep Tayyip Erdoğan.

The agreement aims to enhance cooperation regarding Iraq's strategic development project, as the four countries will work to establish the necessary frameworks for its implementation, according to a statement issued by the Prime Minister's Office.

The strategic development road project is expected to contribute to stimulating economic growth and strengthening regional and international cooperation, achieving economic integration and sustainability between East and West.

The project will also increase international trade, facilitate the movement of goods, provide a new competitive transportation route, and enhance regional economic prosperity.

It's worth noting that the "Development Road" project is a land and railway route extending from Iraq to Turkey and its ports. The road and railway span 1,200 kilometers within Iraq and are primarily intended to transport goods between Europe and the Gulf states.

The project's investment budget is approximately $17 billion, including $6.5 billion for the expressway and $10.5 billion for the electric train. It will be completed in three phases, the first of which will end in 2028, the second in 2033, and the third in 2050.

The project is expected to provide approximately 100,000 job opportunities in the first phase, and one million job opportunities upon completion.   LINK

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

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

Militia Man  Iraq is under sanctions and is not actively traded globally at any significant means.  But when they are, when they do have a real effective exchange rate, there's going to be an impact to all [their] trading partners...When Iraq hits the Forex they're going to be monitoring all those [trading] countries to play by the rules with a level playing field...They're going to have to play fair with real fundamentals...They're not going to want anybody taking advantage of when Iraq has a real effective exchange rate.  They want a stable exchange rate.

MarkZ   [via PDK]  Article:  “The coordination framework calls for resolving disputes between the centre and the region through the legislation of the Oil and Gas Law” ...15 years ago – I was told that when this was done - we go…and quickly. I love seeing this enormous amount of political pressure. This law should be before parliament before the middle of June. 

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

Using Gold to Preserve Wealth & Rebuild After the Reset

Gold Rush Hour:  6-8-2025

In this episode of Gold Rush Hour, we break down how gold and silver protect your wealth during economic resets and currency collapses.

Fiat currency experiments eventually fail, and as inflation surges and national debt grows, more people are turning to gold for true financial security.

https://www.youtube.com/watch?v=u6IBeS50uzM

Seeds of Wisdom RV and Economic Updates Sunday Morning 6-8-25

Good Morning Dinar Recaps,

Europe Gears Up to Regulate DeFi in 2026 as MiCA Leaves Sector in Limbo

As the EU’s sweeping MiCA framework rolls out, decentralized finance remains in regulatory gray space — but not for long.

DeFi’s Legal Status Under MiCA Still Unclear

European regulators are preparing to address decentralized finance (DeFi) directly in 2026, but the foundational challenge remains: what does “decentralization” actually mean?

The Markets in Crypto-Assets Regulation (MiCA) — the world’s first comprehensive crypto regulatory framework — came into force on December 30, 2024, aiming to protect investors, fight fraud, and strengthen stablecoin oversight. But DeFi protocols are still operating in a legislative gray zone.

Speaking on Cointelegraph’s Chain Reaction X Spaces on June 4, Vyara Savova, senior policy lead at the European Crypto Initiative (EUCI), pointed out the core issue:

“No one actually knows what EU policymakers mean by DeFi.”

Although MiCA outlines detailed licensing and compliance obligations for centralized actors, DeFi has been left largely undefined — and potentially out of scope.

Mid-2026: The Year of DeFi Regulation in the EU

Savova noted that starting mid-2026, EU authorities will begin the process of legally defining decentralization — a prerequisite for regulating DeFi in earnest. Until then, DeFi platforms operate in uncertainty.

One of the most contested elements of the original MiCA rollout was its treatment of decentralized protocols. Critics argued it imposed the same Know Your Customer (KYC) and licensing requirements on DeFi as it does on traditional financial entities — a problematic mismatch.

However, Recital 22 in MiCA offers some hope. It states that fully decentralized crypto-asset service providers “should not fall within the scope of this Regulation.” The challenge? There’s still no working definition of “fully decentralized.”

MiCA 2? Not Happening, Says EUCI

Despite prior calls — even from European Central Bank President Christine Lagarde — for a MiCA II to address these gaps, that sequel regulation appears to be off the table.

According to Marina Markezic, executive director and co-founder of EUCI:

“You have probably heard about a potential MiCA II. It’s not happening.”

Instead, any updates are expected to be narrow and targeted — particularly around stablecoins — rather than a full legislative overhaul.

MiCA continues to undergo rolling revisions every 12 to 18 months, allowing the EU to respond to emerging gaps without reopening the entire framework.

The Bottom Line

Europe’s crypto regime is evolving — and DeFi is finally in the spotlight. But until lawmakers can clearly define what counts as decentralized, protocols will remain caught between legal categories.

With 2026 shaping up to be a turning point, the EU must now strike a balance between innovation, security, and clarity.

@ Newshounds News™
Source:  Cointelegraph

~~~~~~~~~

XRP Has Privileged Role on XRPL, Ripple CTO Explains Key Advantages

Ripple’s chief technologist underscores XRP’s indispensable position in the XRPL ecosystem, affirming its critical role in liquidity, decentralization, and fee mechanisms.

XRP’s Core Role in the XRPL Ecosystem Reaffirmed by Ripple CTO

Ripple Chief Technology Officer David Schwartz took to X (formerly Twitter) on June 4 to clarify XRP’s foundational place within the XRP Ledger (XRPL).

Responding to community debate about XRPL’s evolving token ecosystem, Schwartz outlined why XRP remains uniquely essential despite the ledger’s growing diversity.

“The XRPL is more than just XRP. There are stablecoins, there will be tokenized real world assets, loans of all kinds of things. A DEX doesn’t work with just one asset.”

That said, Schwartz emphasized that XRP maintains a privileged role in the protocol’s architecture that no other token can replicate.

Why XRP Is Still Indispensable

Schwartz detailed several ways XRP is structurally embedded into XRPL’s functionality:

• Universal Reception: “It’s the only asset that any account can receive.”

• No Counterparty Risk: XRP doesn’t require trust lines or third-party issuers.

• Liquidity First: “Pathfinding checks for XRP liquidity first.”

• Autobridging: The system prioritizes XRP for bridging trades between other assets.

• Fee Payments: XRP is the only asset that can be used to pay XRPL transaction fees.

These design features give XRP an architectural advantage in routing liquidity, powering decentralized exchanges (DEXs), and facilitating trustless payments across the ledger.

Market Value vs. Ledger Utility

Schwartz concluded with a reflection on the difficulty of quantifying XRP’s market value as a function of XRPL’s utility:

“The question to ponder is how much value XRPL can generate and to what extent that can turn into XRP value.”

He noted the challenge in measuring how XRPL adoption directly translates into demand for XRP — but reiterated that its native, non-replicable role within the network is fundamental to any such growth.

While critics have questioned XRP’s dependency on Ripple or the need for a native token, the protocol’s technical framework continually reinforces XRP’s status as the central asset for liquidity, fees, and routing across a growing DeFi landscape.

Bottom Line

As the XRPL expands to support stablecoins, tokenized assets, and loans, XRP remains its keystone. The core functions of the ledger — from payment settlements to DEX operations — are still fundamentally tied to XRP, reinforcing its long-term strategic relevance.

@ Newshounds News™
Source:  Bitcoin News

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

News, Rumors and Opinions Saturday 6-7-2025

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 Sat. 7 June 2025

Compiled Sat. 7 June 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Tues. 3 June 2025 MarkZ: “I have a number of Bond Contacts who are very excited that things will happen this week. They won’t give specifics, but are very excited.”

Sun. 1 June 2025 Wolverine: “I can’t tell you specifics, but my contacts are very excited that things were happening this week.”

Thurs. 5 June 2025 Bruce: According to Iraqi sources the Iraqi Dinar will be revalued over the weekend in a four day holiday ending Mon. 9 June – and expected to come out on Tues. 10 June. By Sun. night 8 June our Federal Reserve USD accounts will be transferred to a USTN account. USTN will be out by Tues. 10 June. Tier4b notifications should come out on Tues. 10 June, so we could start exchanging on Tues. 10 June or Wed. 11 June.

Thurs. 5 June 2025: MAJOR NEWS: RV/GCR is HERE – The Gold Reset is HAPPENING – The Fed is D**D – The Fiat Illusion is Collapsing – Are You Ready? – amg-news.com – American Media Group

Thurs. 5 June 2025: BOOM!!! TRUMP ERASES IRS, LAUNCHES EXTERNAL REVENUE SERVICE – AMERICANS FREED FROM INCOME TAX FOREVER! VIDEO – amg-news.com – American Media Group

~~~~~~~~~~~

Fri. 6 June 2025 INTEL: Quantum Financial System, Global Currency Reset – Trust the Plan! …Ron Watkins on Telegram

The Quantum Financial System (QFS), Global Currency Reset (GCR), and revolutionary Med Beds are no longer whispers—they are becoming reality. We are witnessing the collapse of the old systems and the rise of a new global order. Buckle up, because this will reshape the world as we know it.

Quantum Internet and QFS: A Game-Changer: Elon Musk has hinted at a quantum internet rollout by the end of the year, aligning with the activation of the Quantum Financial System (QFS). This system promises to secure and decentralize global transactions, wiping out the corruption of central banks and empowering the people.

A mysterious black swan event is expected to trigger the shift, unleashing a domino effect of currency revaluations worldwide. The GCR will redistribute wealth, expose hidden cures, and restore freedom.

Global Currency Reset: A New Dawn: Currencies across the world are preparing for a monumental revaluation. Iraq’s golden dinar, backed by gold, has already been unveiled, signaling the start of the new financial era. This shift isn’t just about money; it’s about taking power away from the elites and returning it to the people. The old systems controlled by the Rothchilds and central banks are crumbling under the weight of this revolution.

Read full post here:  https://dinarchronicles.com/2025/06/07/restored-republic-via-a-gcr-update-as-of-june-7-2025/

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

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

Frank26   Everybody is waiting for the new exchange rate ...When you see that everything is frozen from coming in, being activated...it's telling you it's waiting on one thing, one thing only and we're this much away from it.

Militia Man  These guys are really gearing to integrate into the international world.  Are they going to do it at 1310?  Well if they were going to why didn't they do that 2 years ago or back in 2018.  We don't know.  The bottom line is they probably weren't going to because it just wouldn't work.

Clare  Article: "Al-Ghariri: Iraq is getting closer to membership in the World Trade Organization."  Quote: "Minister of Trade, Atheer Al-Ghurairi, announced that Iraq has made significant progress in its path towards joining the World Trade Organization, stressing Baghdad's serious commitment and transparency in meeting the requirements of this important international process."

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

This Basel III Rule Goes Live in July & It’s the Final Nail in Paper Gold’s Coffin | Andy Schectman

Two dollars Investing:  6-6-2025

Basel III is about to flip the entire gold market on its head—and no one in mainstream finance is talking about it.

In this explosive interview, Andy Schectman reveals how a key rule going live in July could expose the paper gold scam, trigger mass delivery failures, and unleash a flood of demand for physical metal.

Will this be the event that finally breaks COMEX?

Get the full breakdown now—before Wall Street tries to bury it.

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