Seeds of Wisdom RV and Economic Updates Thursday Afternoon 6-26-25

Good Afternoon Dinar Recaps,

BRICS Inspires 15 African Nations to Adopt Homegrown Payment System
By Watcher.Guru | June 2025

Africa is now taking a decisive step toward de-dollarization, inspired by the BRICS bloc. A group of 15 African countries has turned to the Pan-African Payments and Settlements System (PAPSS)—a homegrown payment network that allows trade settlements in local currencies, bypassing the US dollar entirely.

Key Highlights:

▪️ 15 African nations, including Kenya, Malawi, Tunisia, and Zambia, are using PAPSS to settle trade.
▪️ 150+ commercial banks are now connected to PAPSS.
▪️ The system can cut foreign exchange costs from 10–30% down to just 1%.
▪️ PAPSS leverages regional currencies like the Nigerian naira, Ghanaian cedi, and South African rand.
▪️ Estimated $5 billion in savings in FX costs if scaled across Africa.

PAPSS: Africa’s Answer to the US Dollar

PAPSS—created to enable real-time gross settlement of cross-border transactions—is becoming the financial backbone of intra-African trade. It reduces reliance on USD, which traditionally dominated African trade deals due to lack of direct currency convertibility.

With BRICS as its model, PAPSS aims to shift African economies toward currency sovereignty. It eliminates the need for costly third-party currencies and reinvests saved foreign exchange into local development.

“A trade worth $200 million in USD could cost up to 30% in FX fees. PAPSS drops that to just 1%.”

A Growing Threat to USD Dominance

The Pan-African system mirrors the BRICS vision: creating a multipolar financial world with decentralized currency power. In fact, BRICS itself is exploring a similar platform, aligning closely with PAPSS to reduce reliance on Western-led financial systems.

As more countries across Africa adopt PAPSS, the pressure on the U.S. dollar’s international dominance will only increase. Combined with BRICS initiatives, the global financial structure is pivoting toward regional cooperation and currency independence.

The Big Picture:

Africa’s use of PAPSS is a quiet revolution that could become one of the most significant economic stories of the decade. By bypassing the dollar, reducing transaction costs, and increasing autonomy, Africa is joining a global movement toward local currency empowerment—one spearheaded by BRICS and now embraced continent-wide.

The future of trade may not revolve around the dollar, but around locally-led, digitally connected networks like PAPSS.

@ Newshounds News™
Source:  Watcher Guru

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Why Nations Are Moving Gold Out of the U.S. and Back Home

Why Nations Are Moving Gold Out of the U.S. and Back Home | Peter Boehringer

Kitco News:   6-26-2025

Central banks around the world are accelerating a quiet but powerful shift — pulling their gold reserves out of U.S. and foreign custody.

 Germany led this move over a decade ago, repatriating 674 tonnes of gold from the Federal Reserve and Banque de France. Now others are following. Why?

 In this exclusive Kitco News interview, Jeremy Szafron speaks with Peter Boehringer, Member of the German Bundestag and former Chair of the Budget Committee, who spearheaded Germany’s gold repatriation.

 Boehringer breaks down why trust, control, and monetary sovereignty are pushing countries to rethink their reserve strategies — and why this trend is only gaining speed in 2025.

Key topics:

-Germany’s gold repatriation: why it began and how it unfolded

-The risks of outsourcing custody to the U.S. and U.K.

 -OMFIF 2025 survey: 70% of central banks cite U.S. instability as a concern

-Why more central banks are buying gold and reducing dollar exposure

-Is a sovereign gold movement underway?

-Could gold become a new anchor of credibility in a fragmenting world?

-The future of the euro, digital currencies, and Bitcoin in national reserves

00:00 Introduction

01:57 Germany's Gold Repatriation

04:05 Concerns About Foreign Gold Custody

 07:21 Audit and Transparency Issues

 13:32 Global Gold Movement

18:25 Euro and Global Reserve Dynamics

21:12 Germany's Fiscal Policy and Gold Reserves

23:50 Germany's Missed Gold Opportunity

24:54 Bitcoin vs. Gold: A Libertarian Perspective

25:18 The Future of Sovereign Crypto Reserves

25:48 Gold's Historical Value and Bitcoin's Uncertainty

 27:25 Challenges of Using Gold to Offset National Debt

30:43 The Independence of Central Banks

32:14 The Case for a European Gold Depository

36:44 Central Bank Digital Currencies: A Dystopian Future?

42:06 Public Influence on Gold Repatriation

43:25 Gold Market Dynamics and Central Bank Strategies

 44:43 Conclusion

https://www.youtube.com/watch?v=gw7Y2YoL0T4

Seeds of Wisdom RV and Economic Updates Thursday Morning 6-26-25

Good Morning Dinar Recaps,

U.S. Regulator Orders Fannie Mae, Freddie Mac to Consider Crypto in Mortgage Risk Assessments
By Cointelegraph | June 2025

In a major development for crypto adoption in real estate, the Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to begin evaluating cryptocurrency as an asset class in their single-family mortgage loan risk assessments.

Crypto Assets May Soon Count Toward Mortgage Applications

FHFA Director William J. Pulte issued the directive in a formal letter this week, stating the government-sponsored enterprises (GSEs) must:

“Prepare a proposal for consideration of cryptocurrency as an asset for reserves in their respective single-family mortgage loan risk assessments, without conversion of said cryptocurrency to U.S. dollars.”

This marks the first time U.S. housing authorities have opened the door to counting crypto holdings as qualifying assets for mortgage applications, a move that could reshape risk models and eligibility standards for millions of Americans.

Eligibility Limited to Regulated Crypto Holdings

The guidance includes a critical restriction:
Only cryptocurrencies that are:

▪️ Evidenced and stored on U.S.-regulated centralized exchanges
▪️ Subject to all applicable federal laws and compliance standards

will be considered under the new proposal.

This standard excludes unhosted wallets and decentralized platforms, underscoring regulators’ desire for traceability and compliance within the financial system.

Aligns With Trump Administration’s Pro-Crypto Agenda

Director Pulte noted that the shift toward crypto inclusion follows “significant studying” by the agency and aligns with Donald Trump’s stated goal of making the U.S. the “crypto capital of the world.”

The FHFA has been overseeing Fannie Mae and Freddie Mac since both were placed into conservatorship following the 2008 financial crisis. These institutions have since played a central role in stabilizing the mortgage market by buying loans from private lenders, which frees up capital for more lending.

Part of a Broader Crypto Integration Trend

This development is just the latest sign of crypto gaining traction in traditional finance. Recent headlines include:

▪️ JPMorgan’s plans to let select wealth clients use Bitcoin ETFs as collateral
▪️ Circle’s USDC stablecoin being approved as eligible collateral for futures trading starting next year
▪️ Crypto-backed mortgages becoming more common, with firms like Ledn enabling clients to leverage Bitcoin and Ether to purchase real estate without liquidating holdings

“Many Bitcoin holders have already used their digital assets as collateral to purchase property,” said Mauricio Di Bartolomeo, co-founder of Ledn.

Bottom Line:

The FHFA’s crypto guidance for Fannie Mae and Freddie Mac marks a pivotal turning point. If implemented, it could allow crypto-savvy borrowers to leverage their digital assets directly for homeownership, without having to convert to cash—a key win for holders, and another step toward mainstream crypto integration.

Let me know if you'd like a shortened Telegram version or a mobile-friendly newsletter layout.

@ Newshounds News™
Source:  Cointelegraph

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Russia Declares Digital Ruble Mandatory for Major Banks and Retailers
By The Coin Tribune | June 2025

Russia is no longer testing its central bank digital currency (CBDC)—it is mandating it. In a sweeping shift, Moscow has ordered that the digital ruble become a compulsory component of its financial and commercial infrastructure, marking a new era of centralized monetary control and programmable currency.

Key Directives:

▪️ By September 1, 2026, all major Russian banks and retailers generating over 120 million rubles (~$1.9 million USD) must support digital ruble payments.
▪️ Full implementation by 2028, eventually reaching nearly all businesses.
▪️ Goal: Strengthen state control over domestic financial flows and reduce reliance on foreign payment systems.

From Pilot to Policy: A Tectonic Monetary Shift

What began as a controlled experiment is now a national directive. The Bank of Russia has released a structured rollout plan:

• 2026: Largest banks and high-revenue retailers begin integration.

• 2027: Obligations expand to all licensed banks and businesses with revenue above 30 million rubles.

• 2028: Mandatory use reaches nearly the entire commercial sector, excluding only very small enterprises.

Russia’s plan to shift its entire economic infrastructure toward the digital ruble reflects not just a technical evolution, but a political statement. The digital currency is not merely a payment tool—it’s a state-controlled, programmable financial system that could track, restrict, or block transactions in real time.

“The obligation is clear, calibrated, progressive, and relentless.”

A Tool of Power—Not Just Progress

This move is as ideological as it is economic. In the face of Western sanctions, Moscow sees the digital ruble as a pathway to financial sovereignty and geopolitical insulation. But critics warn it comes at a steep cost:

▪️ Unlike decentralized cryptocurrencies like Bitcoin, the digital ruble is traceable, programmable, and blockable.
▪️ It offers the state unprecedented control over private financial behavior.
▪️ Universal QR codes issued by Russia’s National Payment Card System will serve as the primary interface for consumers and merchants.

Though officials cite efficiency and modernization, the real power lies in surveillance and regulation—a far cry from the decentralization ethos of blockchain technology.

Delayed Launch, Strategic Calculations

Originally scheduled for July 2025, the launch has been postponed to mid-2026, not only due to technical adjustments but to manage institutional resistance and political friction. The central bank is walking a fine line between ensuring adoption and avoiding systemic disruption.

Bottom Line:

Russia is embarking on one of the world’s most ambitious national CBDC rollouts—not by suggestion, but by decree. This isn't just about embracing digital currency; it's about building a monetary firewall, one that empowers the state and potentially restricts individual freedom.

As the digital ruble becomes mandatory, Russia is redefining the role of money in society—and raising questions globally about the future of financial autonomy in an era of programmable currency.

@ Newshounds News™
Source:  Cointribune

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De-dollarization has been Quietly Rolling

De-dollarization has been Quietly Rolling

Gold Telegraph:   6-24-2025

BREAKING NEWS: ONE OF THE COPPER MARKET’S BIGGEST-EVER SQUEEZES IS UNFOLDING ON THE LONDON METAL EXCHANGE

The glue of the economy. The biggest story you probably have not heard of.

“Spot copper traded at a $345-a-ton premium to three-month futures on Monday…”

Source: https://www.bloomberg.com/news/articles/2025-06-23/copper-faces-historic-squeeze-with-lme-stockpiles-depleting-fast

The United States now faces the prospect of foreign nations repatriating $245 billion worth of gold. Countries around the world are sending America a big message. Remember this if you see negative press on gold in the main stream media.

BREAKING NEWS: THE CUSTODIANS OF TRILLIONS OF DOLLARS OF GLOBAL CENTRAL BANK RESERVES ARE EYEING A MOVE AWAY FROM THE GREENBACK INTO GOLD ACCORDING TO THE OMFIF

The trend continues…

“Gold seen as biggest winner from dollar diversification…”

Source: https://www.reuters.com/world/china/central-banks-eye-gold-euro-yuan-dollar-dominance-wanes-2025-06-24/

Just wow. @judyshel

The interest payments on US debt = 3% of the United States GDP.

Judy Shelton:  Powell asked if he is worried about high cost of financing U.S. national debt? No comment, he pleads, because that would be commenting on a fiscal matter.

If the head of the Federal Reserve can’t grasp how monetary policy helps enable the national debt in America… You have a problem.

Germany and Italy hold the world’s second and third-largest gold reserves, right behind the United States, and they are making moves to repatriate it. Meanwhile, we all know China owns more than they disclose. The U.S? They keep promising to audit Fort Knox. The stage is set.

As @LukeGromen points out, why are central banks suddenly so vocal about piling into gold and easing away from the dollar? The de-dollarization trend has been quietly rolling for years, with gold at its heart. It was initially mocked because physical gold is the one thing the West can’t print or sanction. That represents a threat to the current system.

1971: The U.S. ditched gold tied directly to the system because it couldn’t cover its promises.

2025: The promises are bigger, and the creditors are watching.

Gold Telegraph:  President Nixon “temporarily” suspended the gold standard in 1971 because the U.S. couldn’t cover foreign dollar claims. Today, The U.S. holds just over $800 billion in gold, which has NOT been audited, but owes over $7 trillion to foreign creditors. Just think about this for a second.

BREAKING NEWS: CHINESE COPPER SMELTERS RAMP UP EXPORTS TO ESCAPE SQUEEZE ON THE LONDON METAL EXCHANGE.

Things are getting intense… The glue of the economy.

“At least 30,000 tons of copper from smelters including Jiangxi Copper and Tongling Nonferrous Metals Group are poised to be delivered to LME warehouses…”

Source: https://www.bloomberg.com/news/articles/2025-06-25/chinese-copper-smelters-ramp-up-exports-to-escape-squeeze-on-lme

Source(s):   https://x.com/GoldTelegraph_/status/1937163508619067712

https://dinarchronicles.com/2025/06/25/gold-telegraph-de-dollarization-has-been-quietly-rolling/

Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 6-25-25

Good Afternoon Dinar Recaps,

BIS: Stablecoins Fail as Money, Call for Strict Limits on Their Role
By Cointelegraph | June 2025

The Bank for International Settlements (BIS) has issued a sharp critique of stablecoins, asserting they fail to meet key monetary standards and pose risks to financial integrity and sovereignty.

According to the newly released BIS Annual Economic Report 2025, stablecoins fall short of three essential criteria that define money in a modern financial system: “singleness,” “elasticity,” and “integrity.”

“Stablecoins perform poorly when assessed against the three tests for serving as the mainstay of the monetary system,” the BIS wrote. Rather than functioning as true money, stablecoins are described as “digital bearer instruments” that more closely resemble financial assets.

Three Failures: Singleness, Elasticity, and Integrity

• Singleness: Central bank-issued money is accepted at par and universally trusted. In contrast, stablecoins are issued by private entities and often trade at fluctuating rates, undermining monetary uniformity.

• Elasticity: Traditional banking systems allow for liquidity expansion as needed. By contrast, the BIS noted, stablecoins require full upfront payment, making them a “strict cash-in-advance setup” ill-suited for absorbing market shocks or handling high-volume payments.

• Integrity: The report raised the most serious concerns about financial crime.
Stablecoins, especially those used with unhosted wallets on public blockchains, were flagged as vulnerable to money laundering, sanctions evasion, and terrorist financing.

“Stablecoins have significant shortcomings when it comes to promoting the integrity of the monetary system,” the BIS warned.

Stablecoins Should Play a Limited Role

Despite recognizing the appeal of stablecoins—particularly for cross-border transactions and lower fees—the BIS advised that their role in the financial system be strictly limited and tightly regulated.

“Society can re-learn the historical lessons about the limitations of unsound money,” the report cautioned.
“Bold action by central banks and other public authorities can push the financial system along the right path.”

Market Impact and Crypto Reactions

Following the BIS report, Circle (CRCL)—issuer of USDC—saw its stock drop over 15%, closing at $222 on Tuesday after hitting a record high of $299 the day before.

The crypto community responded critically.

Jim Walker, chief economist at Aletheia Capital, remarked:

“The BIS is hysterical in its opposition to crypto. The first criterion—being backed by a central bank—should make it a laughing stock given the historical failures of those institutions.”

Tokenization Praised

Not all digital finance was dismissed. The BIS praised tokenization as a “transformative innovation”, calling it a promising path for next-generation monetary infrastructure.

Rather than replacing the financial system, tokenization was described as building upon it—a nuanced but important distinction from the harsh critique of stablecoins.

@ Newshounds News™
Source:  Cointelegraph

~~~~~~~~~

GENIUS Act May Be Tied to CLARITY Bill in the U.S. House: A Turning Point for Crypto Regulation
By Coinpedia | June 2025

The U.S. House of Representatives is considering merging two landmark crypto bills—the recently passed GENIUS Act and the CLARITY Act—into a single legislative package that could reshape digital asset regulation across the United States.

“Together, these two bills could finally bring the structure and national guidelines the crypto industry has long demanded.”

What’s Happening?

▪️ The GENIUS Act (Government-Enacted National Infrastructure for Uniformity in Stablecoins) passed the Senate on June 17 with a 51–23 vote—marking the first major crypto bill to clear the chamber.

▪️ In the House, Republican Majority Whip Tom Emmer is now leading efforts to tie the GENIUS Act to the CLARITY Act (Digital Asset Market Clarity Act of 2025), which has already cleared the House Financial Services Committee and awaits a full vote.

Emmer believes passing both bills together is the only way to bring “a full and unified framework” to the U.S. crypto ecosystem.Why the CLARITY Act Matters

The CLARITY Act would clearly define how digital assets are categorized—such as securities vs. commodities—and outline federal rules for usage, trading, and issuance of crypto tokens across all 50 states.

Currently, crypto firms face a patchwork of conflicting state regulations, slowing innovation and increasing compliance costs. By creating one national rulebook, the combined legislation would unlock a simpler, safer environment for businesses and consumers alike.

Trump’s Push for Quick Passage

Former President Donald Trump has publicly urged the House to pass the GENIUS Act as-is, without adding the CLARITY Act. His supporters argue that swift action is needed to give stablecoin issuers regulatory clarity.

But critics, including Democratic lawmakers, see political risks. Trump has ties to World Liberty Financial, a stablecoin project, and some allege he stands to benefit personally if the law passes in its current form.

Political Pushback: The COIN Act

In response, Senator Adam Schiff introduced the COIN Act (Curbing Officials’ Income and Nondisclosure) on June 23, aiming to prevent presidents, vice presidents, and senior officials from profiting through crypto while in office or shortly after.

Schiff’s proposal adds another layer of complexity—and raises questions about whether crypto regulation can proceed without addressing potential political conflicts of interest.

What Most People Don’t Know

If passed, the merged bills could eliminate the need for crypto startups to navigate 50 different legal systems, significantly lowering the barrier to entry for innovation in the U.S.

For users, this could mean wider access to digital assets, fewer transaction barriers, and greater consumer protections—all under one consistent national framework.

Bottom Line:
The merging of the GENIUS and CLARITY Acts represents a critical moment for crypto legislation in the U.S. While support is growing for comprehensive regulation, political tensions and personal interests could complicate the path forward.

@ Newshounds News™
Source: Coinpedia

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

Good Morning Dinar Recaps,

India Reveals New Details About BRICS Currency: Launch Still Years Away
By Watcher Guru | June 2025

The much-anticipated BRICS common currency, once touted as an imminent challenger to the U.S. dollar, remains far from launch. Despite attention-grabbing announcements and mock-ups from leaders like Russian President Vladimir Putin, new statements from Indian officials reveal the project is still in its infancy.

BRICS Currency Still in 'Very Early Stage'

India’s Sherpa and Secretary of Economic Relations, Dammu Ravi, has publicly acknowledged that the development of a BRICS currency is “at a very early stage.”

“The discussions are still in their nascent steps and have a long way to go for the formation,” Ravi stated.

Despite the BRICS bloc—Brazil, Russia, India, China, and South Africa—floating the idea as early as 2023, real progress remains limited. Ravi’s remarks suggest that a BRICS currency may take years—if not decades—to become reality.

Challenges Ahead: Framework, Consensus, and Central Bank

The formation of a common currency within a multi-nation bloc like BRICS is a consensus-based effort, meaning all member nations must agree on every element—from economic frameworks to geopolitical implications.

Key requirements still missing include:

▪️ A unified policy framework
▪️ A functioning central monetary authority or central bank
▪️ Clear guidelines for currency management and cross-border transactions

This level of coordination across five (or more) sovereign economies is complex and unprecedented.

Geopolitical Catalyst: U.S. Sanctions Sparked the Idea

The original push for a BRICS currency stemmed from a growing backlash against U.S. sanctions, particularly those impacting developing nations. The BRICS bloc began exploring alternatives to the dollar-dominated financial system, with currency independence seen as a strategic defense mechanism.

While the White House’s use of economic sanctions prompted this movement, U.S. policymakers shouldn’t dismiss the potential threat—even if the currency launches decades from now.

“Even if it is launched after 25 years, it still poses a threat to the U.S. dollar’s global supremacy,” the report notes.

A Symbol vs. Substance—For Now

At the 16th BRICS Summit in Kazan, Putin publicly showcased a mock-up BRICS banknote, sparking media speculation that the project was nearing launch. However, this now appears to have been more symbolic than substantive.

Despite over two years of discussion, the BRICS currency remains in the conceptual phase. India’s remarks signal that public hype may be running far ahead of institutional readiness.

Bottom Line:
While the idea of a BRICS currency continues to grab headlines and stir speculation, officials now admit the project is still in the brainstorming phase. The dream of challenging dollar dominance remains alive—but reality is still far over the horizon.

@ Newshounds News™
Source:  Watcher Guru

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Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 6-24-25

Good Afternoon Dinar Recaps,

Ledger Unveils 'Recovery Key' — A Tap-to-Recover Hardware Option for Crypto Wallets

As crypto adoption soars, Ledger introduces a new physical key to simplify wallet recovery while keeping self-custody secure.

Ledger has introduced Recovery Key, a new physical “spare key” designed to help users recover access to their crypto wallets with just a tap and PIN entry — no intermediary required.

◾ The feature is specifically compatible with Ledger Flex and Ledger Stax, the company’s e-ink touchscreen wallet products.
◾ Recovery Key works via secure NFC wireless communication, leveraging the same hardware-grade security that powers Ledger’s main devices.
◾ Users can now pair Recovery Key with their existing 24-word seed phrases or opt to use Ledger Recover, the company’s encrypted key-splitting recovery service. All are optional.

A Modern Approach to Backup and Recovery

As crypto’s market cap grew by nearly $1 trillion over the past year, Ledger says the demand for secure, practical recovery tools is more urgent than ever.

◾ Users can generate an always-offline backup key, secured with its own PIN and stored on tamper-resistant hardware.
◾ There is no limit to the number of Recovery Keys users can create — each requires device-side confirmation.
◾ “Too many people are compromising by keeping their assets on exchanges and insecure software wallets,” said Ian Rogers, Ledger’s Chief Experience Officer.

“With Ledger Recovery Key we are making secure self-custody easy-to-use for everyone.”

Built for Transparency and Trust

Ledger emphasized that transparency and auditability are foundational to the new feature’s rollout.

◾ The Recovery Key’s code and whitepaper are publicly available for community review.
◾ It has passed multiple rounds of internal security testing, including scrutiny by Ledger’s in-house white-hat team, the Donjon.
◾ Third-party external security audits were also conducted, and Ledger reports “extremely positive feedback” from experts.

“We’re excited to reveal it to the world for even more feedback ahead of its launch,” said Ledger CTO Charles Guillemet.

Complementary Options: Recovery Key, Ledger Recover, or 24-Word Phrase

Ledger is expanding its self-custody toolkit by offering layered options that address the needs of different users without compromising on control.

◾ The new Recovery Key joins Ledger Recover, a paid service launched in 2023 that splits, encrypts, and stores seed phrases across multiple jurisdictions.
◾ Recovery Key is standalone and optional, and users may use one, both, or neither, depending on their security preferences.
◾ Despite community concerns about personal data and custodial risk, Ledger maintains that its multi-path recovery strategy offers flexibility and safety.

Ledger Surpasses 7.5 Million Devices Sold

The launch follows successful adoption of Ledger Stax and Ledger Flex, which helped drive total device sales past the 7.5 million mark. The Paris-based firm says its expanding ecosystem reflects growing global interest in secure self-custody tools.

@ Newshounds News™
Source: The Block

~~~~~~~~~

Democrats Push COIN Act to Regulate Trump’s Crypto Influence

Senator Adam Schiff targets Donald Trump’s growing ties to crypto with a bill designed to curb political profiteering in digital assets.

Former President Donald Trump’s private dinner for memecoin holders has ignited a political backlash, triggering new legislation aimed at restricting crypto activity by political leaders. Democratic Senator Adam Schiff has introduced the COIN Act — Curbing Officials’ Income and Nondisclosure — to close what he calls an emerging loophole between digital finance and political power.

▪️ The COIN Act would bar current and former top U.S. officials from creating, promoting, or investing in cryptocurrencies, NFTs, or stablecoins during and for two years after their terms.
▪️ Schiff directly targets Trump’s alleged $57 million gains from the family-linked crypto platform World Liberty Financial (WLF).
▪️ The bill follows a Trump-hosted dinner that rewarded top holders of his personal memecoin.

Crypto Influence: A New Political Battleground

Senator Schiff warns that Trump’s crypto engagements mark a dangerous fusion of personal enrichment and institutional authority.

▪️ Schiff claims Trump is using crypto as “a lever for private financial gain” through World Liberty Financial, in which the Trump family held a majority stake before reducing it to 40%.
▪️ A controversial turning point: WLF’s launch of the USD1 stablecoin, later cited in a $2 billion Abu Dhabi investment announcement involving Binance.
▪️ Trump’s estimated $3 billion in digital assets — nearly 40% of his total net worth — raises red flags for Democrats who view this as financial soft power cloaked in populism.

“This is not just a tech issue — it’s a political integrity crisis,” Schiff said, framing the bill as a moral firewall between officeholders and DeFi ventures.

Democratic Counteroffensive: TRUMP in Crypto Act

Schiff is not alone in his push to draw a regulatory line. In the House of Representatives:

▪️ Maxine Waters has proposed the provocatively named TRUMP in Crypto Act, designed to explicitly ban political use of memecoins.
▪️ The bill’s timing? It dropped the same day Trump hosted his memecoin backers — a deliberate statement, not a coincidence.

Congressional Reality and Electoral Optics

Despite the bold proposals, both bills face major hurdles:

▪️ Democrats remain in the minority in Congress.
▪️ A presidential veto remains highly likely if either bill reaches Biden’s desk.
▪️ A two-thirds majority needed to override such a veto seems mathematically unreachable.

Still, Schiff and Waters are playing a longer game: influencing public opinion and reframing crypto as a 2024 campaign battleground.

Crypto: Campaign Currency or Conflict of Interest?

Trump’s crypto strategy, once seen as novel, now appears as a calculated expansion of influence and fundraising reach. Schiff sees crypto as:

▪️ A soft power tool used by political elites to reward loyalty.
▪️ A bypass around traditional financial disclosure norms.
▪️ A growing threat to transparency in both governance and elections.

“Crypto is no longer just code — it’s campaign capital, it’s a narrative weapon, it’s contested political territory.”

Conclusion: The Future of Political Crypto Regulation

The COIN Act and its House counterpart may struggle legislatively, but their symbolic value is growing. These proposals:

▪️ Reframe blockchain technology as a governance issue, not just a financial tool.
▪️ Signal that crypto oversight may soon become a partisan wedge issue.
▪️ Reflect the shifting reality: the blockchain is now electoral infrastructure.

@ Newshounds News™
Source: CoinTribune   

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Basel 3, The BRICS & Financial Disorder

Basel 3, The BRICS & Financial Disorder

Miles Harris:  6-23-2025

As Western regulators tighten liquidity rules under Basel III, gold—the oldest store of value—has been quietly sidelined from modern banking.

 Yet at the same time, BRICS nations are accumulating it with strategic intent. Is this a regulatory oversight... or part of a deeper global shift?

 In this analysis, we’ll explore how Basel III shapes financial behaviour in the West—while BRICS nations operate on an entirely different playbook.

What emerges is not just a regulatory gap, but a structural divergence that may well redefine the future of money.

00:00 Intro

00:38 Basel 3 Technicalities

 03:56 Gold: Capital Efficient; Liquidity Inefficient

04:47 Basel III: Scope & Application

05:36 Opaque Channels Beyond Basel

 07:14 The East West Regulatory Divergence

https://www.youtube.com/watch?v=pMmO6T9JKNs

Seeds of Wisdom RV and Economic Updates Tuesday Morning 6-24-25

Good Morning Dinar Recaps,

Iran Stands Firm as BRICS Calls US Strikes a Global Turning Point

Iran’s defiance in the face of US military action strengthens BRICS unity, marks a pivotal moment in the global economic and geopolitical order.

Amid escalating tensions, Iranian President Masoud Pezeshkian has emerged as a symbol of resistance, leading mass protests in Tehran following U.S. military strikes on Iran’s nuclear facilities in Isfahan, Natanz, and Fordo. In response, the BRICS bloc has rallied behind Iran, framing the attacks as a turning point in Western aggression against emerging powers.

▪️ The U.S. actions have been denounced as violations of international law by BRICS nations.
▪️ Iran’s resilience has reinforced BRICS unity and accelerated its push toward a multipolar world order.
▪️ BRICS views Iran’s handling of sanctions and pressure as a model for financial independence and strategic realignment.

A Defiant Iran Within a Strengthened BRICS Framework

Iran's president and foreign ministry have presented a firm front, signaling that the U.S. attack has only deepened Iran’s commitment to BRICS values.

▪️ Iranian Foreign Minister Abbas Araghchi accused the U.S. of deciding to “blow up diplomacy” and challenged calls for renewed negotiations:

“How can Iran return to something it never left?”
▪️ In Istanbul, Araghchi declared the U.S. and Israel had crossed “a big red line”:
“There is no red line that they have not crossed.”

▪️ Iran’s response aligns with BRICS’ multipolar vision and reinforces its stance on sovereignty, self-determination, and non-interference.

Russia’s Condemnation Signals BRICS Cohesion

Russia swiftly condemned the strikes, reinforcing the growing strategic alignment within the bloc.

▪️ The Russian Foreign Ministry stated the U.S. had violated the UN Charter and international law:

“This reckless decision… constitutes a blatant violation of international law, the UN Charter, and relevant UN Security Council resolutions.”
▪️ Moscow’s response places BRICS in direct opposition to unilateral U.S. military action, deepening its appeal among developing nations seeking alternatives to Western institutions.

Economic Reorientation: Iran's Sanctions and BRICS Integration

Iran’s economy, long impacted by U.S.-led sanctions, is undergoing structural realignment through BRICS support.

▪️ Chinese purchases of Iranian oil using yuan, and Russian technology transfers, are creating practical alternatives to the dollar-based system.
▪️ Iran is becoming a case study in how emerging economies can resist Western financial pressure by joining new global partnerships.
▪️ BRICS support extends beyond diplomacy, offering concrete economic lifelines and access to alternative markets.

Regional Impact and Ceasefire

While a ceasefire brokered via Qatar has paused hostilities, tensions remain high.

▪️ Former President Trump stated Iran “must now agree to end this war,” while President Pezeshkian labeled the U.S. “the main factor behind” Israel’s campaign.
▪️ Iranian forces reportedly continued military operations until 4 a.m., demonstrating readiness and resolve.

Strategic and Geopolitical Implications

The crisis has crystalized BRICS’ long-term goals:

▪️ Sovereignty, non-interference, and financial independence are now strategic imperatives.
▪️ The economic power shift from West to East continues gaining momentum, driven by BRICS' expanded influence and appeal.
▪️ New members are increasingly attracted to BRICS, not just for economic benefits, but for protection from Western-led interventions.

“The BRICS response to U.S. strikes will likely strengthen, not weaken, the alliance. This is a watershed moment for global realignment.”

Conclusion: A New Global Order Takes Shape

The unified BRICS stance following U.S. strikes on Iran marks a defining moment in the shift toward a multipolar world. As Iran models how resilience and realignment can neutralize Western leverage, other nations may follow, accelerating the de-dollarization movement and reinforcing BRICS as a viable global counterweight.

@ Newshounds News™
Source: Watcher Guru

~~~~~~~~~

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Silver Is Set to Explode, Gold Has Surpassed the Euro - We’re Just Getting Started

Silver Is Set to Explode, Gold Has Surpassed the Euro - We’re Just Getting Started | Randy Smallwood

Kitco News:  6-23-2025

Silver is trading above $36, and Wheaton Precious Metals CEO Randy Smallwood says “it’s the most explosive metal right now.”

In this Kitco News interview, Smallwood explains why the setup for silver and gold is the strongest he’s seen in 20 years, how central banks are driving a structural shift in global reserves, and why Wheaton is positioned to grow 40% without lifting a shovel.

Kitco News anchor Jeremy Szafron also asks about the Middle East escalation, the new ECB data showing gold has overtaken the euro as the world’s second-largest reserve asset, and whether the U.S. dollar’s dominance is at risk.

Wheaton, a $40 billion streaming and royalty firm, has deals across gold, silver, copper, and platinum group metals.

 Smallwood breaks down current strategy, macro tailwinds, and where long-term value is hiding in the precious metals space.

Key topics:

-Silver’s explosive upside and price potential

-Why gold has overtaken the euro in global FX reserves

 -Central bank gold buying led by China, India, Turkey

-Wheaton’s 40% projected growth and no-capex model

-De-dollarization and global trust erosion in fiat

-Why this is the best setup for metals in decades

00:00 Introduction and Current Middle East Tensions

01:05 Market Reactions to Geopolitical Events

01:35 Gold's Role in Global Instability

 02:13 Interview with Randy Smallwood: Precious Metals Insights

 04:03 Gold vs. US Dollar: A Deeper Analysis

08:17 Silver Market Trends and Predictions

 12:07 Wheaton Precious Metals' Strategic Approach

19:25 Global Resource Race and Policy Challenges

28:10 Conclusion

https://www.youtube.com/watch?v=h6-z0w0kx2U

More News, Rumors and Opinions Monday PM 6-23-2025

Gold Telegraph: The Strait of Hormuz

6-22-2025

BREAKING NEWS: IRAN PARLIAMENT REPORTEDLY BACKS CLOSING STRAIT OF HORMUZ

Big.

“About 30 percent of global seaborne oil shipments pass through the narrow passage…”

Source: https://www.politico.eu/article/iran-reportedly-moves-shut-strait-hormuz-us-attacks/

The United States is pressuring China to persuade Iran not to shut down the Strait of Hormuz. Unbelievable but this is real.

BREAKING NEWS: TWO SUPERTANKERS, EACH CAPABLE OF HAULING ABOUT 2 MILLION BARRELS OF CRUDE, U-TURNED IN THE STRAIT OF HORMUZ

Energy…

“The Coswisdom Lake and South Loyalty both entered the waterway and abruptly changed course…”

Source: https://www.bloomberg.com/news/articles/2025-06-22/two-supertankers-u-turn-in-strait-of-hormuz-after-us-strikes

BREAKING NEWS: GERMANY AND ITALY ARE FACING CALLS TO MOVE THEIR GOLD OUT OF THE UNITED STATES

The pressure is on.

“Germany and Italy hold the world’s second- and third-largest national gold reserves…”

Source: https://www.ft.com/content/e39390cc-ea02-4197-843a-1e4c242422cc

Source(s):   https://x.com/GoldTelegraph_/status/1936835226136694906

https://dinarchronicles.com/2025/06/23/gold-telegraph-the-strait-of-hormuz/

 ************

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

Militia Man  With Middle East tensions, what we're seeing in the news on a daily basis...gives a little bit of anxiety...to a lot of people...I understand it...But the ultimate thing is commerce and trade still keeps going.  That cog is still going to turn...On a good note Iraq is still pushing forward.  We have evidence of that...The borders are still open.  They're still doing commercial trade through trading partners.  They're still focusing in on progress. 

Frank26   What do we need in order for the Iraqi dinar to finally show the world it does have the potential, right, support to have value?  According to Dr. Shabibi...security and stability.  What was born yesterday in the Middle East?  ...Do we have security and stability in the Middle East to bring forth the new exchange rate?  No. What is happening is the start.  It is the start of the security and stability...It was born.  We don't have it yet...It's coming...We are on the cusp.

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

"Gold AND the Dollar Could Rise Simultaneously" - Brent Johnson w/ Mike Maloney

6-23-2025

Find Brent at SantiagoCapital.com Mike Maloney recently spoke at George Gammon's Rebel Capitalist event in Orlando.

While there, he was able to catch up with his friend (and once neighbor!) Brent Johnson. Enjoy this behind the scenes discussion where Mike quizzes Brent on his thoughts about gold, the US dollar, China, the 'Dollar Milkshake Theory' and what lies ahead for the global economy.

https://www.youtube.com/watch?v=KH4L5D_kDZ0

SILVER ALERT! BRACE FOR SILVER SLAM as COMEX Silver Riggers Need to Close July Shorts!

(Bix Weir)   6-23-2025

There are 5 trading days left before the start of the COMEX July delivery month and the Silver Riggers are currently short 350M ounces! Will they roll over the majority of contracts or will this be the END of their game? We will find out in 5 days!

https://www.youtube.com/watch?v=7hCRxX_RJjM

Why the Treasury is Buying its Own Debt and What it means for Gold

Why the Treasury is Buying its Own Debt and What it means for Gold

APMEX:   6-22-2025

The financial world is constantly evolving, with power players making moves that can ripple through the global economy. One such move recently made by the U.S. Treasury has raised eyebrows and sparked debate: a record-setting buyback of its own debt.

While on the surface it might appear as a straightforward attempt to manage debt, a deeper analysis suggests something far more complex might be at play. Could this be a hidden financial intervention designed to stabilize the dollar in a world increasingly questioning its dominance?

APMEX, a leading precious metals retailer, recently released a video breaking down the multifaceted implications of this Treasury action. They argue that it’s crucial to look beyond the immediate headlines and consider the broader context of inflation, geopolitical tensions, and the growing trend of de-dollarization.

The initial reaction to the Treasury’s buyback might be suspicion. Does this action resemble a bailout, propping up struggling banks and financial institutions burdened by U.S. debt?

While that might be a contributing factor, APMEX suggests a more strategic motive: bolstering demand for the U.S. dollar in the face of weakening global confidence.

The global landscape has been shifting dramatically. Inflation continues to plague economies worldwide, forcing central banks to grapple with rising interest rates and potentially triggering recessions. Concurrently, geopolitical instability, fueled by conflicts and escalating tensions, is creating uncertainty and pushing nations to reconsider their reliance on the dollar for international trade and reserves.

This shift away from the dollar, known as de-dollarization, is perhaps the most significant pressure facing U.S. institutions. Countries like Russia, China, and others are actively seeking alternative currencies for trade, challenging the dollar’s longstanding role as the world’s reserve currency.

This trend, if continued, could significantly weaken the dollar’s value and impact the U.S. economy.

The Treasury’s debt buyback, according to APMEX, can be seen as a proactive attempt to combat this erosion of confidence. By reducing the supply of U.S. debt in the market, the Treasury aims to increase its demand, thereby supporting the dollar’s value and maintaining its global influence.

The U.S. Treasury’s debt buyback might be more than just a debt management strategy. It could be a calculated maneuver to shore up the dollar’s value in the face of mounting global pressures.

By understanding the underlying factors driving this action, investors can better navigate the evolving financial landscape and make informed decisions to protect their wealth.

The spotlight is on gold and silver, but the real story is how the complex relationship between inflation, geopolitics and de-dollarization plays out on a global stage.

https://youtu.be/2MgR4VMlsHg

Seeds of Wisdom RV and Economic Updates Monday Morning 6-23-25

Good Morning Dinar Recaps,

Senator Lummis’ RISE Act: A Step Toward AI Accountability or a Shield for Developers?

The RISE Act aims to define liability boundaries for AI in professional settings—but critics say it leaves too much unsaid and too many developers untouched.

A “Timely and Needed” Start—But Is It Enough?

Senator Cynthia Lummis introduced the Responsible Innovation and Safe Expertise (RISE) Act of 2025, which seeks to define civil liability protections for AI developers in professional settings like healthcare, law, and finance. While some view the bill as an essential first step, others are concerned that it places too much risk on professionals and not enough responsibility on developers.

Lummis calls it the nation’s “first targeted liability reform legislation for professional-grade AI.” But critics argue that the bill protects AI creators more than the users or the public.

“It puts the bulk of the burden of risk on ‘learned professionals’… and provides [developers] with broad immunity otherwise,” said Hamid Ekbia, professor at Syracuse University.

What the RISE Act Proposes

• AI developers would be shielded from certain civil lawsuits unless negligence or intent is proven.

• Developers would be required to publish model specifications (e.g., model cards), enabling professionals to make informed decisions.

• It does not address use cases where AI interacts directly with consumers, including vulnerable groups like minors.

The bill is narrow in scope, focusing primarily on AI used by professionals. Cases like a Florida teen’s suicide after extended chatbot interaction are not covered.

Critics Warn of a “Giveaway” to Big Tech

Platforms such as the Democratic Underground have labeled the bill a potential “giveaway” to AI companies looking to evade accountability.

However, legal experts like Felix Shipkevich argue the bill is not overly lenient but “rational,” especially considering the unpredictability of large language models:

“Without some form of protection, developers could face limitless exposure for outputs they have no practical way of controlling,” he said.

Transparency: A Missing Link?

The AI Futures Project, a nonprofit consulted during the bill’s drafting, supports the bill's intent but criticizes its weak transparency provisions. Executive Director Daniel Kokotajlo stated:

“The public deserves to know what goals, values, agendas, biases, instructions, etc., companies are attempting to give to powerful AI systems… this bill does not go far enough.”

He also warns companies can simply accept liability instead of complying with transparency rules, making key safeguards optional.

A U.S. Risk-Based Approach vs EU’s Rights-Based Model

The RISE Act follows a risk-based approach, emphasizing documentation and oversight, rather than providing explicit legal rights to users. This differs sharply from the EU’s rights-based AI framework, which empowers individuals—particularly vulnerable populations.

The EU initially proposed an AI liability directive in 2022 but withdrew it in 2025, reportedly due to industry lobbying, leaving the bloc’s liability stance in flux.

“AI can create new kinds of potential harms,” noted Ryan Abbott, professor of law and medicine at the University of Surrey. “The healthcare arena is going to be particularly challenging.”

Abbott emphasized emerging evidence that AI-only systems might outperform “human-in-the-loop” models in certain medical scenarios—raising thorny liability questions.

A Constructive Beginning, Not the Final Word

Policy experts see potential if the bill evolves. Justin Bullock of Americans for Responsible Innovation (ARI) said the act is a “constructive first step,” but warned:

“Publishing model cards without robust third-party auditing and risk assessments may give a false sense of security.”

Similarly, Shipkevich believes the RISE Act could serve as a foundation for balanced AI oversight, but only if modified to include stronger transparency and risk-management requirements.

What’s Next?

If enacted, the RISE Act would take effect on December 1, 2025. In the meantime, public debate continues over whether the bill prioritizes innovation over accountability, or if it's simply the first draft of a more comprehensive AI regulatory framework.

@ Newshounds News™
Source: Cointelegraph

~~~~~~~~~

Coinbase Secures MiCA License via Luxembourg to Cement European Expansion

The U.S.-based crypto giant gains regulatory clarity across all 27 EU member states under the MiCA framework.

Coinbase has officially secured a MiCA license in Luxembourg, marking a major step in its European growth strategy. The license, granted by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), allows the exchange to offer its full suite of crypto services across all 27 European Union member states.

The approval effectively designates Luxembourg as Coinbase’s regulatory hub for Europe under the Markets in Crypto-Assets (MiCA) regime.

"Now, with MiCA, we're uniting these efforts under a single framework, enabling millions of Europeans to access regulated, trusted, and secure crypto services," Coinbase said in a Friday statement.

MiCA: A Game-Changer for EU Crypto Regulation

MiCA, which came into full effect at the end of 2024, provides the EU’s first comprehensive regulatory framework for crypto assets, covering everything from stablecoins and exchanges to custody and consumer protection.

Coinbase had already secured regulatory licenses in Germany, France, Ireland, Italy, the Netherlands, and Spain—but the MiCA license consolidates these approvals under one EU-wide structure, simplifying operations and compliance.

Coinbase Isn’t Alone in the Race

Other major crypto firms are also making moves in the region under the MiCA regime:

• Gemini, the exchange founded by Cameron and Tyler Winklevoss, is in the final stages of securing a MiCA license in Malta. The company submitted its application in January 2025.

• OKX, another global exchange, has similarly chosen Malta as its MiCA operational base.

A New Chapter for Crypto in Europe

With regulatory certainty now in place across the EU, Coinbase and its competitors are positioning themselves for a new wave of crypto adoption in Europe, where MiCA is expected to serve as a model for global crypto regulation.

@ Newshounds News™
Source: The Block   

~~~~~~~~~

BRICS Bank Issues $2.1 Billion in Local Currency Loans as De-Dollarization Push Accelerates

The New Development Bank boosts non-dollar financing, with 22% of disbursements now in national currencies.

The New Development Bank (NDB)—commonly known as the BRICS Bank—has disbursed $2.1 billion worth of loans in local currencies, part of a broader effort to reduce reliance on the U.S. dollar. The move reflects the bloc’s response to ongoing Western sanctions, particularly those levied against Russia since 2022.

According to newly released figures, the BRICS Bank lent a total of nearly $10 billion, with 22% of that amount issued in currencies such as the Chinese yuan and South African rand.

The NDB plans to increase local currency lending to 30% by the end of 2026, aiming to surpass $3 billion in de-dollarized loans.

De-Dollarization in Action: China, South Africa, and India Take Lead

• The Chinese yuan accounted for $1.8 billion of the local currency loans.

• The South African rand was used for loans totaling $284 million.

• The Indian rupee is next in line, with preparations underway for rupee-based loan disbursements starting in 2026.

This marks a significant evolution in the BRICS financial strategy, as more countries in Africa and Southeast Asia increasingly accept national currencies to avoid costly foreign exchange conversions.

U.S. Sanctions Spur Shift Toward Financial Sovereignty

The NDB’s pivot was accelerated after U.S. sanctions on Russia in 2022, imposed in response to the war in Ukraine. The sanctions remain in place through 2025, even under the Trump administration, reinforcing the alliance's motivation to find alternative financial mechanisms.

“The BRICS bank is not just lending money—it’s building a foundation for sovereign economic cooperation, independent of Western financial pressure,” analysts say.

NDB’s Growing Influence

With Russia actively collaborating with the NDB on managing finances through local currencies, the bank is becoming a critical vehicle for BRICS’ broader economic strategy. Its policies signal growing monetary coordination among member nations and challenge the U.S. dollar’s long-standing dominance in global trade and finance.

@ 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