Seeds of Wisdom RV and Economic Updates Monday Evening 3-10-25

Good Evening Dinar Recaps,

UTAH’S SENATE PASSES BITCOIN BILL — BUT SCRAPS KEY PROVISION

Utah lawmakers have passed a Bitcoin bill after amending it to remove a section that would have authorized the state treasurer to invest in Bitcoin.

Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve.

The HB230 “Blockchain and Digital Innovation Amendments” bill now only provides Utah citizens with basic custody protections, the right to mine Bitcoin, run a node and participate in staking, among other things.

The 19-7-3 vote to pass the measure on March 7 means the bill is now headed to Utah Governor Spencer Cox’s desk to be signed into law.

The reserve clause would have authorized Utah’s treasurer to invest up to 5% of digital assets with a market cap above $500 billion over the last calendar year in five state accounts — with Bitcoin as the only digital asset that currently meets this criteria.

The reserve clause passed the second reading but was scrapped in the third and final reading. Utah’s House then concurred with the amendment in a 52-19-4 vote.

“There was a lot of concern with those provisions and the early adoption of these types of policies,” one of the bill’s sponsors, Senator Kirk A. Cullimore, said in Utah’s March 7 floor session.

“All of that has been stripped out of the bill."

Up until March 7, Utah looked likely to become the first US state to adopt a Bitcoin reserve, Satoshi Action Fund’s CEO Dennis Porter predicted on Feb. 2.

Two Arizona Bitcoin reserve bills and a Texas bill are now the closest to being passed into law, Bitcoin Laws data shows. Each of those bills obtained a successful vote in their respective Senate committees and is now awaiting a final floor vote in the Senate.

Of the 31 Bitcoin reserve state bills introduced, 25 remain live, including bills from Illinois, Iowa, Kentucky, Maryland, Massachusetts, New Hampshire, New Mexico, North Dakota, Ohio and Oklahoma.

Bills from the likes of Pennsylvania, Montana, Kentucky and North Dakota have failed.

@ Newshounds News™

Source:  CoinTelegraph

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EL SALVADOR CONTINUES ACCUMULATING BITCOIN AND NOW HOLDS 6,111 BTC DESPITE IMF PRESSURE

▪The Central American nation acquired an additional 6 BTC on Sunday, boosting its total holdings to 6,111.18 BTC.
▪The country agreed to scale back the public sector’s bitcoin activities in a deal with the IMF for a $1.4 billion loan.

El Salvador continues to acquire bitcoin despite its deal with the International Monetary Fund to curb its bitcoin acquisition.

The Central American nation purchased an additional 6 BTC on Sunday, expanding its total bitcoin holdings to 6,111.18 BTC, worth about $504 million at current market prices, compared to 6,072 BTC on Feb. 9, according to the country's Bitcoin Office.

In December, El Salvador reached a deal with the IMF for a $1.4 billion loan, with the total package expected to be over $3.5 billion, and agreed to scale back its bitcoin engagement in exchange for the financing. Then, in January, the country's Legislative Assembly approved a bill to comply with the IMF requirements set out in the deal, according to Reuters.

On March 3, the IMF released a new document outlining conditions as part of the extended arrangement for its fund facility to El Salvador.

"Going forward, program commitments will confine government engagement in Bitcoin-related economic activities, as well as government transactions in and purchases of Bitcoin," said Nigel Clarke, deputy managing director of the IMF, in the document.

El Salvador's strategic reserve, however, continued to accumulate bitcoin. El Salvador President Nayib Bukele said last week that the country will not stop purchasing bitcoin. "No, it's not stopping," Bukele said in an X post on March 5. "If it didn’t stop when the world ostracized us and most 'bitcoiners' abandoned us, it won’t stop now, and it won’t stop in the future."

@ Newshounds News™

Source:  The Block

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Economist’s “News and Views” Monday 3-10-2025

CENTRAL BANK COLLAPSE ALERT!  Rafi Farber's 2025 Gold & Silver PRICE PREDICTION You Can't Miss!

Wall Street Bullion:  3-10-2025

Is a silver squeeze 2.0 incoming?

What does this mean for the silver price?

Is central bank collapse imminent?

Rafi Farber joins us to discuss gold & silver prices that are set to skyrocket!

https://www.youtube.com/watch?v=WNhFsDTmW1g

THE ODDS OF A US INFLATIONARY DEPRESSION SKYROCKET... STOCK MARKET CRATERING.

Greg Mannarino:  3-10-2025

https://www.youtube.com/watch?v=0NUTFLJodnw

EU 'Accelerates' Digital Euro Launch: Revealed Date of Programmable Digital Currency Roll Out

Lena Petrova:  3-10-2025

https://www.youtube.com/watch?v=nHd_1QEC5r4

Seeds of Wisdom RV and Economic Updates Monday Afternoon 3-10-25

Good Afternoon Dinar Recaps,

Seeds of Wisdom RV Announcement and Info

The steps to the Global Currency Reset (GCR) funding process have been widely speculated upon, but based on the structured flow reported by insiders and experts, it generally follows this order:

1. Historic Bonds Redemption (Sovereign-Level)
German Bonds (and other historic bonds like Chinese Dragon Bonds, Super Petchilis, Railroad Bonds, etc.)
These were issued long ago and have been held by sovereign groups, large institutions, and select individuals.
Bondholders go through a vetting and redemption process, where bonds are verified and then paid out.
Payments may be staggered in tranches over time.

2. Other Bonds & Private Placements
Zim Bonds (Zimbabwe Bonds) – Considered high-yield and separate from currency exchanges.
Other sovereign bonds (Venezuelan, Peruvian, etc.) follow similar redemption protocols.
Private placements & tiered settlements involve structured payouts to high-net-worth individuals and institutions.

3. Digital & Crypto Assets Integration
Some theories suggest asset-backed crypto may play a role in new financial systems.
Quantum Financial System (QFS) may transition assets into a blockchain-secured environment.
There could be a shift from fiat-based digital assets to gold or commodity-backed digital currencies.

4. Currency Exchange & Revaluation (RV)
Currencies like the Iraqi Dinar (IQD), Vietnamese Dong (VND), Indonesian Rupiah (IDR), Zimbabwean Dollar (ZWL), and others are expected to undergo revaluation.
Exchange centers, banks, or designated locations will facilitate conversions.

Tiers (1-5) dictate when different groups receive access to funds.
Tier 1: Sovereigns & elite institutions.
Tier 2: Governments & select large groups.
Tier 3: Humanitarian & pre-approved projects.
Tier 4: Public holders with pre-arranged agreements (Tier 4B includes internet groups).
Tier 5: General public after revaluation is public.

5. Wealth Management & Project Disbursement
Funds are distributed based on agreements, NDAs, and structured payouts.
Humanitarian projects are expected to receive allocations.
Wealth managers, trusts, and legal structures assist in handling funds post-exchange.

Each phase unfolds in a controlled manner, ensuring that funding flows through proper channels before mass liquidity is released to the public.

Seeds of Wisdom Team

@ Newshounds News™

Source:  From a compilation of sources throughout the Dinar Community.

Important Update from Seeds of Wisdom Team

As the revaluation takes place and when Isaac post "VICTORY" for his Bonds payments, all Seeds of Wisdom Team rooms will be set to read-only. You will still have access to all our valuable resources and guidance. 

Some links are below and you can find more valuable resources, project information, writing projects, and more on the Seeds of Wisdom Team Website.  Bob Lock will open his room as he has time to field questions.  To ensure you still have access to valuable resources and guidance, we are sharing links to key rooms where you can follow along:

Planning Room Link  
Planning Room Docs Link 
Bob Lock’s Room (Common Law) Link
Bob Lock’s Docs Room Link

Our website under the Planning section provides essential tools to help you move forward. We strongly encourage you to finalize your plans and assemble a strong, knowledgeable team to support your journey.

We wish everyone the very best in this new chapter. While we will be stepping back, we will still be around. Should we decide to reopen the rooms, we will announce it via Telegram and on the website. 

Stay prepared, stay wise, and take care.

~ Seeds of Wisdom Team

@ Newshounds News™

When Isaac posts 'Victory' it will mean that he has received funding for his German Bonds which he has always said will go first. This means the process has started and no one knows the exact timing of the GCR but it will happen. We will post Isaac's announcement here on Dinar Recaps so keep watching. 

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3/10/25 Isaac's Update

Isaac N, [3/10/2025 1:10 PM]
"Hello 👋🏻 hope all good

Great news coming this week , I will keep you posted as soon as I get the confirmation

Blessings"

3/10/25 Isaac's Update Link 

Isaac's Room Link

Isaac Website Link

@ Newshounds News™

Source:  Seeds of Wisdom Team Telegram Isaac's Room

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Q & A Classroom Link  

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Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps 

Seeds of Wisdom RV and Economic Updates Monday Morning 3-10-25

Good Morning Dinar Recaps,

FIFA SHOWS INTEREST IN DEVELOPING A FIFA TOKEN, US MARKET IN CONSIDERATION

Fédération Internationale de Football Association (FIFA) President Gianni Infantino has suggested the organization may develop its own cryptocurrency token.

Infantino made the remarks while attending President Trump’s White House Crypto Summit on March 7. Standing alongside Trump, Infantino expressed FIFA’s interest in creating a digital token to interact with its global fanbase.

“FIFA is very, very interested to develop a FIFA coin, to do it from here, from America, and to conquer the 5 billion soccer fans in the world,” Infantino stated. “If there is anyone here who is interested to team up with FIFA, here we are, together with the United States of America, and we will conquer the world of soccer with the FIFA coin.”

The announcement, though lacking specific details or timelines, hints at FIFA’s exploration of blockchain technology as a potential avenue for fan engagement and revenue generation. Trump responded positively to Gianni stating: “That coin may be worth more than FIFA in the end. It could be quite a coin, actually.”

FIFA token surges 357,000%

Following the summit, market confusion led to a surge in an unaffiliated cryptocurrency named “FIFA. This coin saw a 357,000% daily price increase, reaching a market capitalization of approximately $8.2 million. However, this token has no connection to FIFA.

The recent summit was one of the primary steps for a major cryptocurrency regulation change under the Trump administration.

Key initiatives announced during the event included the establishment of a U.S. Strategic Bitcoin Reserve. This approach would create a government cryptocurrency position without requiring taxpayer funding.

While Infantino’s announcement provided few details, it shows FIFA’s recognition of cryptocurrency’s potential impact on the future of sports business and fan engagement. The announcement comes particularly as the organization prepares for the 2026 World Cup, which the United States, Canada, and Mexico will jointly host.

@ Newshounds News™
Source:  CryptoNews

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RIPPLE CEO SEES 'INCREDIBLE' CRYPTO SUPPORT FROM TRUMP ADMINISTRATION

Ripple’s CEO praised the Trump administration’s embrace of crypto, highlighting support for regulatory clarity, crypto reserves, and digital asset innovation backed by U.S. Treasuries.

Ripple’s CEO Applauds Trump Administration’s Embrace of Crypto

Brad Garlinghouse, CEO of Ripple, reflected on a significant week for the cryptocurrency industry, highlighting key events such as the first-ever White House Crypto Summit and a U.S. Commodity Futures Trading Commission (CFTC) CEO Roundtable. He noted the rapid developments in the space, including policy discussions and regulatory shifts.

“There’s been a lot of talk about what this White House has and will prioritize with their crypto agenda – most importantly, regulatory clarity through Congressional action, as well as a BTC reserve & crypto stockpile, support for stablecoin innovation backed by U.S. Treasuries, and more,” Garlinghouse stated on social media platform X on March 7. He also expressed optimism, emphasizing:

I was extremely pleased to see the incredible support from this administration.

He also acknowledged several key figures for their roles in shaping the week’s discussions. Garlinghouse thanked President Donald Trump for welcoming crypto industry leaders to the White House, contrasting it with what he described as the “hostility of the Biden administration.”

Garlinghouse also expressed gratitude to White House AI and Crypto Czar David Sacks and Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets at the White House, for organizing the crypto summit, and to CFTC Commissioner Caroline Pham for hosting discussions at the agency. These engagements, he suggested, marked a turning point in the relationship between policymakers and the crypto industry.

The Ripple executive urged the crypto community to focus on broader industry goals rather than engaging in internal conflicts between different cryptocurrencies. He reaffirmed his commitment to advocating for a fair regulatory framework, stating:

We will – as we’ve always done — continue to champion the need for a level playing field (and it was great to hear others in the room echo this as well!) and for the industry to come together to move much needed legislation forward in the U.S.

@ Newshounds News™

Source:  Bitcoin News

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Thank you Dinar Recaps

“Tidbits From TNT” Monday Morning 3-10-2025

TNT:

Tishwash:  Between security stability and economic challenges... the last year of Al-Sudani's government

As the government of Mohammed Shia al-Sudani enters its final year, many challenges emerge on the scene, despite the achievements made in various fields.

MP Hussein Al-Azirjawi confirmed in an interview with "Baghdad Today", Sunday (March 9, 2025), that "the security situation is stable and has not been affected by regional events," pointing to the readiness of the security forces to confront any emergency.

On the economic level, Al-Azirjawi pointed out that “there are some difficulties, but they are less severe than what previous governments faced,” stressing that “the government is continuing to address the crises, especially with regard to paying salaries and reviving development projects in various governorates.”

He also pointed out that "Al-Sudani's government has achieved broad popular satisfaction, thanks to the resumption of work on a number of vital projects, such as bridges, hospitals and factories.

Despite the challenges of low oil prices, he stressed that "the government has the solutions to overcome the obstacles," expecting that "the economic or security file will not constitute a major obstacle in the next stage."

Prime Minister Mohammed Shia al-Sudani assumed office in October 2022 amid complex political and economic conditions, as his government came after a long formation crisis following the early parliamentary elections in 2021.

Since then, his government has faced sensitive issues, most notably improving the economic situation, enhancing security, and combating corruption, in addition to trying to achieve internal and external political balance in light of the tense regional situation.

As the current government enters its final year, new challenges emerge, particularly in light of the fluctuations in oil prices and their impact on the general budget, in addition to the continued need to implement economic reforms and combat corruption to ensure sustainable improvement in government performance  link

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Tishwash:  $100 billion annually.. Iraq's spending exceeds the 3 most powerful economies in the world

The head of the Iraq Future Foundation, Munar Al-Obaidi, revealed the rate of Iraq’s revenues and expenditures during the last ten years. While he explained that the country spends $100 billion annually, which is higher than the annual expenditure of three countries with strong economies, he indicated that the country’s problem is not with resources, but with the way they are managed.

Al-Obaidi said, "Over the course of ten years, Iraq's total revenues amounted to 1,028 trillion Iraqi dinars, with oil revenues accounting for 92% of the total revenues, while tax, customs and other sources contributed only 8%."

He added, "In contrast, Iraq spent 1,007 trillion Iraqi dinars during the same period, in addition to unliquidated loans ranging between 100-150 trillion dinars, which means that total spending exceeded 1,100 trillion Iraqi dinars, which is approximately equivalent to 1 trillion US dollars."

He continued, "Therefore, Iraq's annual spending rate becomes around $100 billion, which is higher than the spending rate of many developed countries, as the annual spending rate for each of the following reached: the United Arab Emirates: $65 billion, Malaysia: $82 billion, and Singapore: $77 billion."

He stressed that "although Iraq spends more than these countries, its GDP still depends almost entirely on the oil sector, compared to these countries that have succeeded in diversifying their economies to reach a GDP of $500 billion annually."

He pointed out that "the great paradox lies in the fact that these three countries do not possess the enormous natural resources that Iraq possesses, nor do they possess the same size of the human population, and yet they were able to build strong and prosperous economies with budgets less than what Iraq spends, while Iraq is still suffering under the burden of oil control, the rentier economy, disguised unemployment, and many economic problems that are growing and getting bigger year after year."

He pointed out that "the problem was never in the resources, but in the way they were managed and employed to achieve sustainable development," adding that "Iraq needs deep economic reforms that focus on diversifying the economy, improving spending efficiency, and combating financial waste to ensure a sustainable economic future."

He concluded his post with, “Iraq needs five words mentioned by a famous program about development a few days ago, which are (a stable government to improve development management). Any loss of any word in this phrase will lead to the collapse of the entire sentence.”  link

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Tishwash:  US National Security Advisor to Sudan: Ending Exception for Electricity Supply from Iran Linked to Maximum Pressure Policy

Prime Minister Mohammed Shia Al-Sudani received a phone call today, Sunday, from US National Security Advisor Michael Waltz, where both sides affirmed their commitment to strengthening and deepening the strategic partnership between Iraq and the United States.

The Prime Minister's media office said in a statement received by {Euphrates News} that "the discussions focused on enhancing bilateral cooperation in the economic and security fields, as the Prime Minister affirmed Iraq's commitment to expanding economic relations with the United States, encouraging American companies to invest in the growing Iraqi market. He also reviewed the important reforms and initiatives implemented by his government to create a more stable, transparent and attractive environment for investors."

 For his part, the US National Security Advisor encouraged the Prime Minister to rely more on American companies, and to work to solve the problems and remove the obstacles facing those companies operating in Iraq, including the Kurdistan Region of Iraq, to ​​encourage them to work and invest in Iraq.

The two sides also stressed the importance of joint efforts to build a strong Iraq capable of relying on itself. The discussions also included addressing issues and the role of American companies operating in this field. In this context, the United States renewed its commitment to supporting Iraq’s energy independence and expressed its readiness to cooperate in accelerating the achievement of this goal.

Regarding the security file, National Security Advisor Waltz affirmed the United States' firm commitment to the security and stability of Iraq in the face of regional and international challenges. The two sides also stressed the importance of continuing cooperation to ensure Iraq's sovereignty and stability in the long term, especially in light of the turbulent conditions in the region.

Waltz added that ending the exemption for electricity supplied from Iran is linked to the maximum pressure policy, which confirms the importance of bilateral coordination to avoid any potential negative effects on Iraq's stability.

The call reaffirmed the strong partnership between Iraq and the United States, with both sides expressing their shared vision for a secure, prosperous, and sovereign Iraq. link

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Mot: Continue to Amazed at the ole ""History"" We Learn frum da Net!!

Mot: ole ""Mot"" Letting Yas Know

Iraq Economic News and Points to Ponder Sunday Afternoon 3-9-25

In Numbers.. Iraq's Expenditures Amount To One Trillion Dollars In A Decade, And 92% Of Its Revenues Depend On Oil

Time: 2025/03/09 12:27:23 Read: 1,230 times  {Economic: Al-Furt News} Economic expert, Manar Al-Obaidi, revealed details of the financial situation in Iraq during the past decade.

Al-Obaidi said in a statement received by {Euphrates News}, a copy of which, "Total revenues amounted to 1,028 trillion dinars, of which oil exports accounted for 92%, while tax and customs revenues and other sources accounted for only 8%."

Al-Obaidi explained in an economic analysis that "total government spending during the same period amounted to 1,007 trillion dinars, in addition to unliquidated loans ranging between 100-150 trillion dinars, so that total spending exceeded 1,100 trillion dinars (about one trillion US dollars)."

He pointed out that Iraq's annual spending rate is estimated at $100 billion, exceeding its counterpart in countries such as the UAE ($65 billion), Malaysia ($82 billion), and Singapore ($77 billion).

Al-Obaidi pointed out the paradox in economic performance, as countries such as Singapore and Malaysia rely on diversified economies that have achieved a GDP of nearly $500 billion annually, while the Iraqi economy remains hostage to the oil sector, with continuing challenges represented by disguised unemployment, financial waste, and inefficient spending.

He stressed that "Iraq's problem is not a scarcity of resources, but rather their mismanagement," calling for urgent reforms focused on diversifying the economy, improving spending efficiency, and combating corruption. He also highlighted the need to implement the famous development program saying: "A stable government improves development management," warning that "losing any word in this phrase will bring down the entire sentence."

Iraq faces deep structural challenges, with a rentier economy unable to absorb its growing population, while its vast resources are being spent without achieving sustainable development, according to the analysis.  LINK

Iraq's Oil Exports To America Fell Sharply Last Week
Sunday 09 March 2025 11:02 | Economic Number of readings: 228  Baghdad / NINA / The US Energy Information Administration announced today, Sunday, that Iraq's oil exports decreased significantly during the past week.

The administration said in a table, "The average US imports of crude oil during the past week from 8 major countries amounted to 5.577 million barrels per day, up by 42 thousand barrels per day from the previous week, which amounted to 5.535 million barrels per day."

It added that "Iraq's oil exports to America decreased significantly, reaching an average of 46 thousand barrels per day, down by 182 thousand barrels per day from the previous week, which averaged 228 thousand barrels per day.

" The administration indicated that "most of America's oil revenues during the past week came from Canada, followed by Brazil, Mexico, Colombia, Saudi Arabia, Venezuela and Ecuador." / End
https://ninanews.com/Website/News/Details?key=1190828

US Ambassador To Iraq: Importing Natural Gas Outside The Sanctions System

energy  Economy News – Baghdad   The head of the Parliamentary Finance Committee, Atwan Al-Atwani, confirmed today, Sunday, that the Iraqi government is serious about achieving independence in the field of energy, while the Chargé d'Affairs of the US Embassy in Iraq, Daniel Rubinstein, indicated that the import of natural gas is outside the sanctions system.

A statement by the Finance Committee, received by "Al-Eqtisad News", stated that "the Chairman of the Finance Committee, Atwan Al-Atwani, received today, Sunday, the Chargé d'Affairs of the US Embassy in Iraq, Daniel Rubinstein, and the accompanying delegation," indicating that "the meeting discussed ways to enhance joint cooperation between Iraq and the United States of America in terms of managing and developing the work of the financial and banking sector."

He added, "The meeting focused on discussing the US sanctions file and their impact on the electricity sector, especially in light of talk about the end of the deadline for Iraq's exemption from importing Iranian gas."

Al-Atwani stressed, according to the statement, "the importance of this visit at this sensitive time, and stressed the need for continuous communication to correct the course of Iraqi-American relations," charging "the Chargé d'Affairs with an important message to his country's government, which is that stopping the import of gas will have disastrous consequences for the Iraqi people, especially in the summer, as it will cause the collapse of the national electricity system, due to the lack of any alternatives at the present time."

He pointed out that "the Iraqi government is serious about achieving energy independence through many promising projects related to investing in associated gas, for the purpose of using it in generating electricity and achieving self-sufficiency, but these projects will enter service in the coming years."

He called on "the US administration to review the policy of pressure exerted by the US Treasury on the financial and banking sector in Iraq by imposing continuous sanctions on local banks."

He stated that "Iraq has achieved a qualitative shift in the policy of compliance and financial transfers, and despite that, we are surprised by collective sanctions targeting Iraqi banks without prior warning and without any declared justification or even notifying the Central Bank of Iraq about it, and this has created a major problem for us, and has affected the work and activity of the banking sector."

For his part, Rubinstein expressed his "understanding of what Al-Atwani had raised during the meeting regarding the energy and banking sanctions files, and promised to convey these messages to his country's government in the hope of finding permanent treatments and solutions that would achieve the interests of the two friendly peoples," noting that "the import of natural gas is,so far,outside the sanctions system." https://economy-news.net/content.php?id=53231

Prime Minister's Advisor: Investment Boosts Economic Growth, Keeps Iraq Away From Oil Price Fluctuations
09/03/2025  Mawazine News – Economy  The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Salih, confirmed today, Sunday, that foreign investment is an important step towards enhancing economic growth in Iraq, and isolating the country from the fluctuations of oil asset cycles and the problems of oil price fluctuations, explaining that linking the international economy to the Iraqi economy contributes to achieving sustainable economic growth, based on the indicators of the National Development Plan 2024-2028.

Salih said, in a statement to the official agency: "The influx of foreign investment to Iraq means the development of linking international economic activity to the country's productive economy, which enhances the environment that encourages investment thanks to what Iraq possesses in terms of material and human resources."

He added that this link contributes to enhancing economic growth in accordance with the development plan, which aims to diversify the national economy, stressing that foreign direct investment contributes to introducing advanced technology and improving organizational and administrative thinking, which leads to reducing unemployment, increasing job opportunities and improving the level of income in the country.

Salih pointed out that foreign investment plays a major role in developing infrastructure in many vital sectors such as electricity, energy, transportation, communications and information technology, and it also contributes to protecting the national economy from economic fluctuations that affect the oil sector.

Saleh concluded his statements by stressing that the benefits of foreign investment are clearly embodied when this investment is integrated into the local labor market, which maximizes the economic benefit and increases the employment of the local workforce, thus contributing to strengthening the movement of the national economy.

https://www.mawazin.net/Details.aspx?jimare=260064

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Sunday Afternoon 3-09-25

Good Afternoon Dinar Recaps,

THE GROWING AI ROLE IN CRYPTO – REWIRING THE LANDSCAPE

The world is facing a new technological race, with AI development growing into a national priority. The recent launch of the Stargate project in the US is a high proof of that.

While Trump’s presidency is still in its early stages, we can already see the emergence of a trend towards tech-centricity, as he plans to pour $500 billion worth of investments into AI infrastructure.

At the same time, this technological boom is set to reshape another industry – crypto.

AI (artificial intelligence) has already been introduced into crypto in the form of AI agents, trading bots, automated risk analysis and more.

The question isn’t whether AI will change crypto – it’s doing it even now.

The real question is – what does this mean for crypto and blockchain in the long run?

Will AI’s involvement strengthen this space or undermine the decentralized principles the crypto community holds dear?

Here is my take on this.

AI and crypto today – The shift has begun

The way things are now, I’d say that AI’s presence in crypto hasn’t progressed far – it’s still in the ‘infancy’ stage, so to speak.

But this state of things won’t last – progress is happening at a rapid pace.

This industry is moving beyond simple trading bots. Artificial intelligence is now being used to drive market-making strategies and risk assessment.

We are even seeing cases of decentralized venture funding powered by AI.

Projects like Moby AI, Griffain AI and HeyAnonAI are becoming more prolific – and while these are just early iterations of AI-based financial intelligence in crypto, they are already outperforming human traders in speed and efficiency.

As AI models continue to grow in complexity and gain greater autonomy, I believe that soon they will no longer just follow market trends – they will shape them.

What’s next on the horizon

The next few years will redefine what it means to participate in crypto, and AI is going to be at the center of this transformation, bringing changes in all sectors.

Autonomous AI trading agents are already optimizing market strategies in real-time with a level of speed and precision that far exceeds human capabilities.

The more these bots advance, the greater competitive edge investors and traders will get from using them.

In the field of DeFi compliance, AI-powered tools will become essential for maintaining security.

Fraud and illicit transactions are always a point of concern, but AI-driven monitoring systems can analyze activities in blockchain networks and detect suspicious patterns in real time.

This will allow them to flag potential risks before they escalate, making this space safer.

At the same time, AI-integrated DeFi services will help streamline lending and borrowing by removing human intermediaries.

AI models can be leveraged to automatically match borrowers and lenders and adjust interest rates dynamically as market conditions change.

And all of that can be done without the need for human participation.

I can also see on-chain AI agents playing a prominent part in governance.

They can provide real-time market insights, manage portfolios and even contribute to DAO decision-making by enabling more data-driven governance choices.

Beyond financial applications, AI could also solve long-standing blockchain inefficiencies.

For example, one major issue with PoW (proof-of-work) networks is high energy use.

AI can address this by analyzing and predicting network demand, dynamically adjusting energy consumption to reduce waste and optimize performance.

Moreover, AI can facilitate ‘sharding,’ where blockchain data is divided across multiple nodes, allowing parallel processing and faster transaction times.

This can help effectively scale blockchain networks, which is a critical step if cryptocurrencies are to see broader adoption.

While AI today is still only a support tool, incapable of truly making effective decisions in place of humans, it will not always be so.

To my mind, AI has all the chances of evolving into a dominant force that will actively shape the future of DeFi.

The risks – Can AI undermine decentralization

While AI promises a great upturn in efficiency, it is admittedly not without risks. And one of the biggest threats that I can foresee now is AI-driven market manipulation.

Imagine a scenario where AI-powered trading firms control DeFi, making it that much harder for retail investors to compete.

This is already something that we’re seeing in TradFi (traditional finance), as high-frequency trading firms use AI to exploit market inefficiencies.

The same could happen in DeFi, resulting in an arms race between AI bots, while human traders remain outmatched and essentially get left behind.

That said, DeFi has a bit of an advantage in this regard. Its high spreads and transaction fees act as a natural barrier against immediate AI domination.

Since trading bots in DeFi must deal with significant costs, it creates a chicken-and-egg situation.

As long as fees and spreads remain high, AI-driven trading won’t scale easily. And on the other hand, without a large trading volume, those costs will stay high.

This may actually prevent AI-driven market manipulation, since everyone in DeFi has to operate on equal terms.

Beyond that, there’s also the issue of AI-generated smart contracts to consider. AI can write entire contracts, but what happens if those contracts contain hidden vulnerabilities?

Hackers could exploit AI-generated code, using adversarial inputs to bypass security audits.

A single compromised AI-generated contract could mean millions of dollars’ worth of losses in crypto assets.

This is a threat that DeFi developers will have to take very seriously – you absolutely should not rely on AI to write the code for you.

The future of AI and crypto

The AI race is not just a competition for dominance between nations – the real battle is between open-source and closed-source AI.

The introduction of DeepSeek R1 has already become the basis for a major shift in this regard.

It broke traditional assumptions about AI development, proving that billion-dollar budgets of BigTech companies aren’t always necessary for groundbreaking innovation to take place.

AI development is no longer centralized, and I think that open-source models could align well with crypto’s values, as opposed to a more centralized approach.

The idea that AI will take over the crypto sector is no longer a matter for debate. The only question now is how fast it will happen.

@ Newshounds News™

Source:  DailyHodl

~~~~~~~~~

COINBASE HIRING SPREE: 1,000 JOBS INCOMING AS CRYPTO REGULATIONS IMPROVE

Coinbase is preparing to grow. In 2025, the company intends to add 1,000 new workers in the US, according to CEO Brian Armstrong. This decision comes as the nation’s cryptocurrency laws become more defined, allowing businesses like Coinbase to function with greater assurance.

A Change In Regulations Instills Confidence

Armstrong claims that the additional hires are a direct result of US President Donald Trump’s administration’s improved crypto laws. The CEO attributed Coinbase’s expansion into the US to the government’s efforts to provide a more transparent environment for the sector.

Compared to prior years, this is a significant shift. Tough market conditions forced the exchange to lay off 1,100 workers in 2022, or around 18% of its global workforce. Now that the legal landscape is more solid, Coinbase is adopting a new strategy by investing in new manpower.

SEC Steps Back From Enforcement

Another major development is the US Securities and Exchange Commission (SEC) dropping its enforcement action against Coinbase. This means that instead of the SEC making regulatory decisions, Congress will now take charge of setting crypto laws.

For Coinbase, this change eliminates a major barrier. The company can now concentrate on business expansion rather than legal disputes as the SEC is no longer putting any legal pressure on it. Armstrong’s announcement of onboarding new staff reflects this renewed optimism.

White House Crypto Conference Affects Choices

The disclosure came after Friday’s Crypto Summit at the White House. Government representatives and business executives gathered at the summit to talk about how to regulate digital assets in a way that benefits investors and companies alike. According to Armstrong, the conversations influenced Coinbase’s employment decisions.

Crypto supporters have long pushed for clearer rules in the US. Many believe that regulation will help the industry grow while ensuring companies operate within legal boundaries. Armstrong’s remarks indicate that the government is finally moving in the right direction.

A Positive Turn For Coinbase?

According to the employment timeline, Coinbase is in a better situation than it was a few years back. The company has been through layoffs, legal battles, and market downturns. Now, though, with regulatory clarity and less SEC intervention, the company now has its sights set on expansion.

All eyes will be on the crypto exchange behemoth as it prepares to accept a new batch of workforce.


@ Newshounds News™

Source:  Bitcoinist

~~~~~~~~~

BRICS MAY BE IN TROUBLE AS EXPERTS PROJECT ‘TARIFF-DRIVEN’ US DOLLAR SURGE

Although we are just two months into the year, geopolitical tension has reached a fever pitch. With the United States adopting an aggressive economic policy, a host of nations are concerned over a brewing trade war. However, it could work out in their favor, as BRICS may be in trouble with experts projecting a potential tariff-driven US dollar surge.

Under the direction of US President Donald Trump, the nation is enacting a host of tariffs through new policy. Indeed, it is not only BRICS, as Mexico and Canada have suffered from the new administration’s effort to balance trade. In turn, it could have a positive effect on the US dollar.

BRICS and Global Market Could See US Dollar Enjoy Tariff-Driven Surge

Since his return to the White House, Donald Trump has sought to do away with decorum and delicacy. In an effort to balance the nation’s international standing, Trump has adopted increased import taxes on a host of countries. The question is, will it pay off?

The answer could surprise many. Indeed, BRICS may be in trouble as experts project a ‘tariff-drive’ US dollar surge in the near future. If it does take place, it could see the President rewarded for his policy and ensure the reserve status of the greenback, something that Trump has focused on since his return.

According to Goldman Sachs analysts, the US dollar could increase from protectionist trade policies. Moreover, the movement could make the asset even more attractive to currency traders, experts state.

The bank states that entities that take long positions in the US dollar will see increased profits as tariffs strengthen its appeal. This could be dangerous for the BRICS group. Not only does it reinforce increased tariffs, but it reverses the work they’ve done in the last several years to de-dollarize global markets.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

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Seeds of Wisdom RV and Economic Updates Sunday Morning 3-09-25

Good Morning Dinar Recaps,

TRUMP ADMINISTRATION SPURS CREDIT UNIONS' RETURN TO CRYPTOCURRENCY

DALLAS—The Trump Administration is bringing more credit unions back to offering cryptocurrency, says Bank Social, which offers advice to CUs considering stepping into this space.

The return to offering the service by more credit unions follows a sharp decline in cooperatives offering crypto services to members following the collapse of FTX in late 2022 and the sudden departure of NYDIG within the CU industry not long afterward.

Becky Reed, COO of crypto platform Bank Social, said the two primary reasons credit unions are coming back is the Trump Administration’s pro-crypto agenda and its emphasis on deregulation.

“The last six months we have seen interest begin to gain ground in digital assets—not just for investing but for payments, fractional lending and more,” said Reed.

GlobalData banking analyst Harry Swain said FIs could face fewer crypto regulatory hurdles under the Trump Administration.

“As you'll, recall back in 2022 there was quite a bit of interest in cryptocurrency among credit unions, and there were some folks in the credit union space offering a crypto wallets, including us,” Reed said. “And then, FTX happened, and everyone kind of scattered to the wind.”

What also left a bad taste in the mouths of credit unions regarding digital currency is crypto platform NYDIG backing out of its agreements with credit unions in late 2023—forcing many members to sell their cryptocurrency—some at a loss—damaging member relationships with CUs that had been working with NYDIG.

Non-Custodial Crypto Wallet

Bank Social offers a non-custodial crypto wallet, where consumers control their digital money, not the crypto platform, owning their currency from day one.

“Credit unions were really starting to see the use cases for crypto. In fact, when I would speak at meetings I would ask people, just like I did in ’22 and ’23, how many people in the room felt like crypto was a scam. In ’22 and ’23, a third to half the room would raise their hands. Now, no one is raising their hand,” Reed said. “People are starting to understand that crypto is not just about speculative investing, but there are real use cases.”

Reed pointed to the momentum that has been building for cryptocurrency, noting that an a16Z study on the state of crypto in 2024 shows that in the second quarter of 2024, dollars in stablecoin transactions exceeded total Visa dollars.

“In the same period, Visa had more transactions. But, the transaction dollars are smaller,” Reed said. “The dollars in crypto transactions are massive.”

Reed said to expect crypto to lead to market disruption this year.

“I believe the theme song for 2025 is going to be payments, and of course cryptocurrency and stablecoins,” Reed said. “With the Trump Administration there's going to be a more bullish approach to crypto adoption, because, as you know, the FDIC has come out and said you don't want to play in this space unless you get our permission.”

Reed pointed out that credit unions have taken a wait-and-see approach, adding that NCUA has said to do what's best for members, making sure the CU is doing its due diligence.

“The message to credit unions is don't be afraid to test, try, pilot,” she said.

Reed asserted that every candidate from the November elections that had a pro-crypto stance was elected.

“That speaks about what is actually happening on the ground,” Reed said. “Here at Bank Social, we already started to see more interest in crypto among credit unions before the election.”

Bullish Prediction

Reed explained that Bank Social had about 25 credit unions in its pipeline when the FTX collapse happened, and only about five moved forward afterward.

“Today, several dozens of credit unions are interested,” Reed said. “We are getting calls from credit unions about once a day. I am being bullish on this prediction, but by the end of ’25 I project we will be working with more than 100 credit unions.”

Reed shared advice for credit unions considering playing in the crypto space.

 “Credit union leadership, as well as boards, need to have what I call a digital roadmap that includes all things digital,” she said. “Credit unions these days, and all financial institutions, are really interacting with their members in the digital world.”

Reed said CUs must be learning how cryptocurrency fits best into what their members are doing.

“Are their members using it as an investment? Or are they using it as a basis for payments? Can they hold stablecoin deposits? They need to understand the ownership economy of Web3, union boards don't know what Web3 is,” she said. “I think it's important to understand that's the next iteration, the next wave of the Internet.”

@ Newshounds News™

Source:  CU Today

~~~~~~~~~

BRICS: WHY CRYPTO MAY BE CLEAREST PATH THROUGH US TRADE WAR

2025 has come with rising geopolitical tensions that have created no shortage of uncertainty for global markets.

However, with BRICS and the United States set to face reciprocal tariffs, crypto may be the clearest pay through a US-driven trade war. Indeed, the emerging asset class could provide something that both sides want.

US President Donald Trump has maintained his aggressive economic policy stance since returning to the White House. 

Specifically, he has targeted the growing BRICS economic alliance. With his eyes set on securing the end of de-dollarization and the global south seeking alternate trade currencies, they could have a joint solution in digital assets.

BRICS & US Could Use Crypto to Find Way Through Budding Trade War

Donald Trump’s contentious relationship with the BRICS alliance is undeniable. The economic bloc has been on the receiving end of several threats, as the President has promised to levy 150% tariffs on the collective. Specifically, he has targeted the group for its past attempts to de-dollarize global markets.

However, there could be a solution present for both sides. For BRICS, crypto may be the clearest path through a potential US trade war. Indeed, the asset class may provide a simple answer that gets both sides what they want, in the short and long term.

Trump’s main point of issue with BRICS is its efforts to move away from the US dollar. However, his weaponization of it reaffirms the necessity of that action. Moreover, the alliance has recently affirmed its decision to find alternative trade settlement currencies outside of the greenback.

Bitcoin could be an answer worth exploring for both sides. Adoption of the digital currency could ensure that the blocs don’t disregard the US dollar in favor of an alliance-denominated asset. Meanwhile, it is still a de-dollarization shift in its truest sense

Alternatively, the Trump administration has shown an affinity for Bitcoin. With a BTC reserve strategy to be released today, the adoption of the asset class could be beneficial to the United States.

A common ground in promoting the use of Bitcoin on a global scale could be the best answer to curtail any brewing trade war between the US and BRICS.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Follow the Roadmap

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“Tidbits From TNT” Sunday Morning 3-9-2025

TNT:

Tishwash:  Until further notice.. Parliament postpones its session

The Media Department of the Council of Representatives announced today, Saturday, the postponement of the parliamentary session until further notice.

The media department of the House of Representatives stated in a statement received by / Al-Maalouma / that “Parliament postponed its session until further notice due to the lack of a legal quorum.”

It is noteworthy that the State of Law and Al-Sadiqoun parliamentary blocs have announced a boycott of the sessions of the House of Representatives until the Popular Mobilization Law is included in its regulations.  link

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

Tishwash:  Parliamentary Oil Committee reveals urgent solutions for Iranian gas

The Parliamentary Oil and Gas Committee revealed, on Sunday, the Iraqi government's intention to import Gulf gas instead of Iranian gas after the recent US sanctions, announcing a project that is being worked on at high speed in Basra, the far south of the country.

The spokesman for the committee, Ali Shaddad, said, "The problem with the Ministry of Electricity is that it has established stations in the Iraqi provinces that depend on gas only, while the stations in Basra are complex and operate on gas, crude oil, and black oil, and this is what contributed to the stability of the electrical system in the province."

He explained that "the Prime Minister personally follows up on the completion of the gas pipeline project from the floating platform in Basra on a daily basis," indicating that "the Ministry of Oil began working on it about thirty days ago and it will be completed at high speed within 120 days."

He added that "the completion rate has exceeded 30% so far," stressing that "the project will contribute to transporting Gulf gas in quantities of up to 200 cubic meters   link

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

Tishwash:  Regional oil companies seek agreements to resume oil exports.. and America is "interested" in reopening the Ceyhan pipeline

 The global oil company, APIKUR, operating in the Kurdistan Region, seeks to sign clear agreements with Baghdad and Erbil that guarantee the payment of its past and future financial dues in preparation for the resumption of oil exports, as it confirmed that the United States is still very interested in reopening the Iraq-Turkey Ceyhan export pipeline from the Kurdistan Region’s fields.

In an interview with the K24 news website, translated by (Al-Mada), the spokesman for the APIKUR group, Miles Caggins, described the recent meeting in Baghdad as a step forward in discussing the resumption of oil exports from the Kurdistan Region, stressing the need for clear agreements and written guarantees.

Caggins said in a statement to the news website that the meeting allowed the member companies of the APIKUR group to directly convey their conditions to the federal government authorities in Baghdad and the Kurdistan Regional Government.

Among the main issues discussed in the meeting was the selection of an international consultant to evaluate the costs of oil production and export.

The APIKUR group has urged the Iraqi government to define the scope of the consultant’s work, his responsibilities, and the timetable for his activity. The Epicor Group provided the Ministry of Natural Resources of the Kurdistan Regional Government with a list of independent experts specialized in the assessment process.

The report indicated that other meetings are planned to establish agreements through which oil exports can be allowed to resume through the Iraq-Turkey Ceyhan export pipeline, which is a priority emphasized by Iraqi Prime Minister Mohammed Shia al-Sudani.
The member companies of the APICORP group called for the conclusion of transparent and fair agreements regarding future financial payments, in addition to settling and paying the debts due for invoices amounting to $1 billion.

Caggins, an APICORP spokesman, said: “We need written guarantees and we have proposed solutions,” noting that “APICOR is open to receiving financial payments, whether through the companies selling their allocations of produced oil, or through cash payments through escrow accounts to ensure that the amounts due are paid on time.”

He stressed the need for “financial agreements not to be affected by political aspects and atmospheres.”
While Turkey announced that the Iraq-Turkey Ceyhan pipeline is ready for operation following inspections, the APICORP group stressed the need for agreements between Baghdad and Erbil to allow exports to resume.

The APICORP spokesperson highlighted the strategic importance of oil exports from both the Kurdistan Region and southern Iraq, stressing that a stable energy sector would strengthen the country’s economic and security position.
He also reiterated that APICORP has no oversight role over exports, which are the responsibility of the State Oil Marketing Organization (SOMO) and the Iraqi Ministry of Oil.

Caggins added that the United States remains very interested in reopening the export pipeline, and that the Trump administration is discussing the matter with the previous administration. Given the important development, and the humanitarian and military assistance that the United States provides to Iraq, APICORP calls on the Iraqi authorities to treat American and other foreign oil companies fairly, especially those operating in the Kurdistan Region.

“The only obstacle to resuming oil exports is the need for clear agreements,” Caggins stressed, noting that “a simple three-page document could solve the problem and allow exports to resume according to standard commercial procedures and practices.”
While negotiations on this matter continue, the Epicor Group expressed its readiness to meet again and reach an agreement that benefits all parties.

Oil exports from the Kurdistan Region’s fields via the Iraq-Turkey-Ceyhan pipeline were halted on March 23, 2023, following a ruling by the International Chamber of Commerce in Paris in favor of Baghdad against Turkey for facilitating oil exports between 2014 and 2018 without the approval of the federal government. Turkey must pay Iraq $1.5 billion in outstanding amounts, according to the court ruling, which Turkey refused to implement and closed the pipeline.

Reports indicated that the chronic closure of the Ceyhan export pipeline has caused significant losses to both Baghdad and Erbil, as it has halted crude oil exports at a rate of 450,000 barrels per day, a figure that represents 0.5% of global market supplies. link

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

Tishwash:  Iraq, Finland Discuss Strengthening Economic and Investment Ties

Ambassador Mohammed Hussein Bahr Aluloom, Undersecretary of the Iraqi Foreign Ministry for Bilateral Relations, met in Helsinki with Jarno Syrjälä, Under-Secretary of State for International Trade of Finland, to discuss ways to enhance economic, trade, and investment cooperation between the two countries.

Ambassador Bahr Aluloom highlighted Iraq's economic progress, emphasizing security stability and an improved business environment, which have made Iraq an attractive destination for foreign investments.

 He cited the United Kingdom's decision to lower travel warnings to Iraq as an example of international confidence in Iraq's progress. The Ambassador also encouraged Finnish companies to invest in strategic projects, particularly the Development Road and the energy sector.

Under-Secretary Syrjälä welcomed Iraq's economic reforms, acknowledging their role in enhancing the investment climate. He expressed Finnish companies' interest in returning to the Iraqi market.

The two sides agreed to develop practical mechanisms to strengthen cooperation, including a delegation of Finnish companies visiting Iraq to explore investment opportunities in renewable energy, electricity, digital transformation, and artificial intelligence. link

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

Mot:  the ""lost an hour"" Delima!!!

Mot: . darn time change. I had to go around and fix all my clocks.

Iraq Economic News and Points to Ponder Saturday Afternoon 3-8-25

Central Bank Governor: We Will Witness A Comprehensive Digital Transformation In The Financial Sector

Economy | 03/08/2025   Mawazine News – Baghdad   The Governor of the Central Bank, Ali Al-Alaq, announced today, Saturday, that banks will soon be transformed into smart platforms using artificial intelligence, noting that Iraq will witness a comprehensive digital transformation in the financial sector.

Al-Alaq said: "Despite the great strides that have been made to activate electronic payment methods, which are an essential step in digital transformation, we will soon put this stage behind us, because even the current electronic payment methods and tools are being changed and developed very quickly."

He pointed out that "soon we will notice a big difference in the tasks and functions of banks, and we will see many banks changing the nature of their work, and there will be a digital financial identity for every citizen through which they can conduct many operations in their accounts or check their balances or even invest inside and outside Iraq," stressing that "banks will soon transform into smart platforms that organize financial operations and benefit from technologies and artificial intelligence."

He added, "This great work is accompanied by the work of the Central Bank, like other central banks, in thinking about having a digital currency under the supervision of the Central Bank. We are not talking about cryptocurrencies that are outside the framework of central banks, but about a digital currency issued by the Central Bank.

This is a great work being done at the Central Bank in coordination with international and Arab organizations and specialized bodies, and directly with the Arab Monetary Fund."

He continued, "We believe that this trend is what will be in the near future and will impose itself. This represents solutions to major economic, financial and social problems, and will also establish a strict framework for monitoring funds and limiting corruption, money laundering and terrorist financing, because all financial movements will be within a strict and transparent system that can monitor all financial operations, and at the same time facilitate its holders to conduct extensive operations even in other countries of the world."

He added: "We expect that young people will benefit from these tools, through the tools and human resources that we have. Indeed, we are following that many young people are investing through these portfolios and tools in various fields outside Iraq, but some need to be careful and cautious because there is a lot of fraud that is happening, and we are working to prevent the citizen from falling victim to any fraud."   https://www.mawazin.net/Details.aspx?jimare=260044

Central Bank: Comprehensive Digital Transformation In The Financial Sector Is Coming Soon

Buratha News Agency1492025-03-08   The Governor of the Central Bank of Iraq, Ali Al-Alaq, stated today, Saturday, that Iraqi banks are close to transforming into smart platforms using artificial intelligence, noting that Iraq will witness a comprehensive digital transformation in the financial sector. Al-Alaq confirmed, in a statement to the official agency, that "Iraq has made great strides in activating electronic payment methods, which is an essential step in digital transformation," noting that this stage will be overcome soon, as current electronic payment tools and methods are witnessing very rapid development.

Al-Alaq explained that in the near future, a big difference will be observed in the tasks of banks, as the nature of their work will change radically, stressing that banks will transform into smart platforms that organize financial operations using modern technologies and artificial intelligence.

He also added that every citizen will have a digital financial identity that will enable him to carry out many financial transactions easily, such as viewing balances or making investments inside and outside Iraq.

He stressed that the Central Bank is working on developing a digital currency under its supervision, noting that this currency will be different from cryptocurrencies that are not subject to the supervision of central banks.

He explained that this digital currency will be part of the Central Bank's efforts to combat corruption, money laundering and terrorist financing, as it will provide a tight and transparent financial system that helps monitor all financial operations.

Al-Alaq also stressed that this approach will provide solutions to major economic, financial and social problems, and will also allow digital currency holders to conduct extensive financial transactions, even outside Iraq.

He added that Iraqi youth will greatly benefit from these modern financial tools, noting that many of them invest through these portfolios and tools in various fields outside Iraq.

At the same time, he warned that fraud may occur, explaining that the Central Bank is working to protect citizens from these risks.   https://burathanews.com/arabic/economic/457291

Al-Hakim And Al-Khazaali Stress The Necessity Of Approving Important Laws

Saturday 08 March 2025 19:32 | Politics Number of readings: 64  Baghdad / NINA / The head of the National Wisdom Movement, Ammar al-Hakim, and the Secretary-General of the Asa'ib Ahl al-Haq Movement, Qais Khazali, stressed today, Saturday, the necessity of enacting important laws that contribute to providing services to the citizen and reforming his economic reality.

The media office of the head of the National Wisdom Movement stated in a statement that "al-Hakim received al-Khazali, and the two parties exchanged congratulations on the advent of the holy month of Ramadan, while discussing developments in the political scene in Iraq and the region."

According to the statement, al-Hakim reiterated the importance of preserving the stability achieved in the country at the political, security and social levels, as well as Iraq preserving its regional and international role, stressing "rejecting the tense discourse," stressing that "what was achieved was through the sacrifices of all Iraqis and from all components."

Al-Hakim stressed "the role played by the Coordination Framework in the political scene, as it is part of the State Administration Coalition."

The two parties stressed, according to the statement, "the necessity of enacting important laws that contribute to providing services to the citizen and reforming his economic reality." / End

https://ninanews.com/Website/News/Details?key=1190747

Iraq ranks second in the Arab world in exporting oil to America

Saturday 08 March 2025 09:51 | Economic Number of readings: 181   Baghdad / NINA / The US Census Bureau announced today that the total value of Iraqi oil exports to the United States during January 2025 amounted to more than $ 400 million, according to its monthly report.

The report stated that Iraq exported 5.62 million barrels of oil to America during the same month, at a value of $ 442 million, noting that Iraq ranked second among Arab countries exporting oil to the United States after Saudi Arabia, while Libya came in third place, Kuwait fourth, while the UAE was in fifth place with exports of one million barrels. / https://ninanews.com/Website/News/Details?key=1190645

Fluctuations In Dollar Exchange Rates With The Closing Of The Stock Exchange In Iraqi Markets

 08/03/2025  Mawazine News – Economy  The US dollar exchange rates witnessed a rise in the markets of the capital Baghdad today, Saturday, while they stabilized in Erbil, the capital of the Kurdistan Region, with the closure of the main stock exchange in the country.

The dollar prices rose with the closing of the Al-Kifah and Al-Harithiya stock exchanges to record 148,400 dinars per 100 dollars, while the prices were 148,350 dinars per 100 dollars this morning.

As for the selling prices in exchange shops in the local markets in Baghdad, they stabilized, as the selling price reached 149,500 dinars per 100 dollars, while the purchase price reached 147,500 dinars per 100 dollars.

In Erbil, the dollar recorded stability, as the selling price in exchange shops reached 148,000 dinars per 100 dollars, while the purchase price reached 147,800 dinars per 100 dollars.

https://www.mawazin.net/Details.aspx?jimare=260047

Basra Crude Closes With Heavy Losses

Saturday 08 March 2025 | Economic Number of readings: 104  Baghdad / NINA / Basra heavy and medium crude oil recorded significant losses during the past week.

Basra heavy crude closed in its last session, yesterday, Friday, with a slight decrease of one cent to reach $76.78, and recorded a weekly loss of $4.67, equivalent to 6.45%.

Basra medium crude also closed in its last session with a decrease of one cent to reach $70.83, and recorded a weekly loss of $4.37, equivalent to 5.81%.

Brent and American crudes recorded a weekly loss of more than 5%, with Brent crude closing at $70.36 and American crude closing at $64.4. / https://ninanews.com/Website/News/Details?key=1190624

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Iraq Economic News and Points to Ponder Saturday AM 3-8-25

Central Bank: Enhancing Financial Inclusion Through Three Main Pillars
 
Economy   Yesterday, 18:16  Baghdad - WAA - Wissam Al-Mulla  The Central Bank of Iraq confirmed, today, Friday, its   continued work to enhance financial inclusion through three main pillars, while indicating the launch of  initiatives to enhance financial awareness and increase the integration of individuals into the banking sector.
 
The Director of the Financial Inclusion Department at the Central Bank, Hussein Abdul Amir, said in a statement to the Iraqi News Agency (INA): "The Central Bank seeks to achieve financial inclusion by increasing those involved in the banking sector through three main pillars, including  ease  of access, use, and cost," indicating that  "the Financial Inclusion Department will support any project that is consistent with these three pillars."

He pointed out that "the Central Bank has launched many initiatives and activities at the level of all Iraqi governorates, the aim of which is to increase    awareness,   knowledge and   financial capacity 
of individuals, whether individuals or companies," noting that
 
"efforts are being made to  
     accelerate the integration of individuals or the public with the financial sector and
     obtain great benefit for both parties, whether individuals or financial institutions."

He added that "the integration of individuals and financial institutions achieves great value in terms of providing

 liquidity to financial institutions in addition to providing
 lending means to the public, as well as
 developing projects, thus  achieving a significant increase in economic growth in Iraq." 
  
https://www.ina.iq/229516--.html

Parliamentary Oil Committee Rules Out Passing Oil And Gas Law During Current Session

energy  Economy News – Baghdad  The Parliamentary Oil and Gas Committee confirmed today, Friday, that there are disagreements over the management of resources, which led to the obstruction of passing the Oil and Gas Law, while it ruled out passing it in the current electoral cycle.

"The oil and gas law has been a demand since 2007, but attempts to legislate it have failed due to political differences and lack of agreement with the Kurdistan Region," said Bassem Naghmish Al-Gharibawi, a member of the parliamentary oil and gas committee, in an interview with the Iraqi News Agency, followed by "Al-Eqtisad News."

He explained that "the law was part of the current ministerial program, and it was supposed to be legislated during this parliamentary session, as committees were formed since 2023 to discuss it, and two drafts were presented: the first from the federal government and the second from the region, and joint committees were formed to hold meetings between the two parties."

He pointed out that "most of the technical issues were agreed upon, but the differences focused on administrative aspects, powers, and representation of the region and governorates in the Federal Oil Council, in addition to how to manage and distribute resources, as well as previous and current rights."

He explained that "the parliamentary oil committee has made intensive efforts with the leaders of the political blocs to clarify the importance of enacting the law, as it regulates the oil wealth that fully funds the state, and contributes to resolving the disputes between the federal government and the region, which contributes to achieving political and economic stability."

He added that "the most prominent point of disagreement between Baghdad and Erbil is related to oil resources and the region's commitment to the decisions issued by the Federal Court and the International Court," noting that "this law is one of the laws that complement the constitution."

Despite all the attempts, Al-Gharibawi stressed that "the committees that were formed were unable to reach a political consensus, which makes passing the law during this electoral cycle an unexpected matter."   https://economy-news.net/content.php?id=53206

Oil Prices Set For Biggest Weekly Loss In Months

energy  Economy News – Baghdad  Oil prices were little changed in early trading on Friday, but were set for their biggest weekly decline since October, as uncertainty over U.S. tariff policy raised concerns about demand growth at a time when major producers are preparing to boost output.

Brent crude futures rose 13 cents, or 0.19 percent, to $69.59 a barrel by 0217 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 8 cents, or 0.08 percent, to $66.44 a barrel.

However, Brent crude is down 4.9 percent so far this week and is on track for its biggest weekly decline since October 14.

West Texas Intermediate crude is also heading for a 4.8 percent decline, also its biggest weekly drop since that period, according to Reuters.

Markets, including oil, have been volatile due to the volatile trade policy in the United States, the world's largest oil consumer.

US President Donald Trump on Thursday suspended 25 percent tariffs on most goods from Canada and Mexico until April 2, while tariffs on steel and aluminum will go into effect on March 12 as scheduled.

The amended order does not include all Canadian energy products, which are subject to a separate 10 percent tax.

Tariffs themselves are a drag on economic growth and hence on oil demand growth. Policy uncertainty slows investment decisions, which also weighs on the economy.

Brent prices fell on Wednesday to their lowest levels since December 2021 after US crude inventories rose and following a decision by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, in the OPEC+ alliance, to increase production quotas.

The alliance said it had decided to go ahead with a planned production increase in April, adding 138,000 barrels per day to the market.   https://economy-news.net/content.php?id=53200

Oil Prices Rise Slightly After 4 Sessions Of Decline

Thursday 06 March 2025 11:24 | Economic Number of readings: 140  Baghdad / NINA / Oil prices recorded a slight rise today, Thursday, after falling during the past four sessions.

Brent crude futures rose 42 cents, or 0.61 percent, to $69.72 a barrel, and US West Texas Intermediate crude rose 40 cents, or 0.6 percent, to $66.71 a barrel.

Brent crude fell 6.5 percent in the previous four sessions to reach its lowest levels since December 2021 on Wednesday, while West Texas Intermediate crude fell 5.8 percent during the same period to its lowest levels since May 2023. / End  https://ninanews.com/Website/News/Details?key=1190275

New Decline In Basra Oil Prices

Friday 07 March 2025 13:58 | Economic Number of readings: 168  Baghdad / NINA / The prices of Basra Heavy and Medium crude oil recorded a new decline during morning trading in the global market.

Basra Medium crude oil recorded $ 70.84 per barrel, while Heavy crude recorded $ 67.79 per barrel, with a change rate of -0.86 for both, for May 2025 delivery.

The data also showed a decrease in global crude prices, as British Brent crude recorded $ 69.57, while US West Texas Intermediate crude recorded $ 66.42 per barrel, with a change rate of -0.11, respectively. / End   https://ninanews.com/Website/News/Details?key=1190488

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Saturday Morning 3-08-25

Good Morning Dinar Recaps,

THE EMERGENCE OF LAYER-TWO SOLUTIONS – HOW THEY’RE TRANSFORMING BLOCKCHAIN SCALABILITY AND USHERING IN A NEW ERA OF CRYPTO INNOVATION

In the ever-evolving world of blockchain technology, scalability has been one of the most significant challenges.

As blockchain networks like Ethereum (ETH) continue to see exponential growth, layer-two solutions are emerging as a vital component in addressing issues of network congestion and high transaction fees.

In this post, we’ll dive into the latest developments in layer-two technology, its impact on blockchain scalability and how it’s paving the way for a more efficient and sustainable future for DeFi (decentralized finance) and beyond.

Understanding layer-two solutions

Blockchain networks like Bitcoin (BTC) and Ethereum have often been criticized for their limited transaction throughput and scalability.

Layer-two solutions aim to solve this problem by providing a secondary framework that operates on top of the main blockchain (layer one), allowing for faster, cheaper and more scalable transactions.

There are different types of layer-two solutions, including the following.

▪State channels – These allow two parties to transact off-chain and only settle the final state on the blockchain, reducing congestion.
▪Rollups – Rollups bundle multiple transactions into one, significantly improving transaction speed and lowering fees.
▪Plasma and optimistic rollups – Plasma offers a framework for building scalable applications, while optimistic rollups enable faster execution by assuming transactions are valid until proven otherwise.

Layer-two in action – Ethereum’s road to scalability

Ethereum – one of the most popular blockchain networks – has been at the forefront of layer-two innovation.

The Ethereum network has struggled with high gas fees and slow transaction times due to its PoW (proof-of-work) consensus mechanism.

However, Ethereum 2.0 and the integration of layer-two solutions, such as Optimism (OP) and Arbitrum (ARB), have shown tremendous promise in scaling Ethereum without compromising security.

These layer-two solutions are helping to reduce Ethereum’s gas fees by processing transactions off-chain and only committing essential data to the Ethereum mainnet, making Ethereum more accessible to users across the globe.

In fact, as Ethereum embraces a hybrid model of layer-one and layer-two, it’s enabling DApps (decentralized applications) to run more efficiently and cost-effectively.

Recent updates – Layer-two adoption in the real world

▪Polygon’s expanding ecosystem – Polygon (MATIC), one of the most notable layer-two platforms on Ethereum, has recently seen explosive growth. With major projects like Aave (AAVE), Decentraland (MANA) and even Starbucks utilizing Polygon to enhance scalability and reduce fees, it’s clear that layer-two solutions are becoming an integral part of the DeFi and non-fungible token (NFT) ecosystem.

▪Arbitrum’s airdrop and rise in popularity – Arbitrum’s recent airdrop was one of the most highly anticipated events in the crypto space. This optimistic rollup solution has gained substantial traction for its low-cost transactions and high throughput, making it a go-to choice for developers and users in the Ethereum ecosystem.

▪Solana’s layer-two integration – While Solana (SOL) is a layer-one blockchain known for its high-speed and low-cost transactions, it has also been exploring layer-two solutions to enhance its ecosystem further. With the introduction of layer-two protocols like zk-Rollups, Solana is continuing its push to become a global blockchain platform.

Why layer-two is the key to unlocking crypto’s potential

Layer-two solutions are set to play a critical role in driving the mass adoption of blockchain technology.

By reducing transaction costs, improving transaction speed and minimizing network congestion, layer-two platforms are making DeFi, gaming and NFTs more accessible to the broader population.

In addition to scalability, layer-two solutions offer enhanced privacy and security.

As blockchain adoption grows, and more people enter the world of DeFi and crypto, layer-two will continue to bridge the gap between traditional financial systems and the decentralized world, ensuring that blockchain technology can scale for years to come.

The road ahead – A fully scalable blockchain ecosystem

As blockchain technology continues to evolve, it’s clear that layer-two solutions are not just a temporary fix but a long-term solution for scalability.

The next phase of blockchain innovation will involve further integration of layer-two solutions across multiple blockchain ecosystems, leading to faster, cheaper and more efficient DApps.

In the coming years, we can expect even more innovative layer-two protocols to emerge, offering a range of functionalities from secure cross-chain interoperability to privacy-preserving technologies.

These developments will play a pivotal role in shaping the future of DeFi, NFTs and beyond.

Conclusion

Layer-two solutions are a game changer for the blockchain industry. As Ethereum, Polygon and other layer-one blockchains integrate these technologies, we’re seeing real-world applications for DeFi, NFTs and DApps thrive.

By tackling scalability and reducing transaction costs, layer-two is helping bring blockchain into the mainstream.

For investors, developers and blockchain enthusiasts, keeping an eye on layer-two’s development is crucial to understanding where the future of crypto and blockchain innovation is headed.

@ Newshounds News™

Source:  DailyHodl

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U.S. BANKS CAN NOW OFFER CRYPTO SERVICES WITHOUT OCC APPROVAL

▪The OCC now allows federally regulated banks to engage in crypto activities (custody, stablecoins, nodes) without prior approval.

▪This reverses previous stricter guidance and removes regulatory warnings against bank involvement in crypto.

▪The move, coinciding with a White House crypto summit and Trump's executive order, signals a shift towards less restrictive crypto regulation.

For years, U.S. banks wanting to engage with cryptocurrency faced regulatory roadblocks. But that’s changing. In a major shift, the regulator overseeing national banks has now made it clear: federally regulated banks can offer crypto services without needing prior approval.

This decision could open the doors for more banks to enter the crypto space, making digital assets more accessible than ever. But what led to this policy change?

Let’s break it down.

Crypto Custody and Stablecoins Get the Greenlight

The OCC clarified in a new interpretive letter that national banks and federal savings associations are allowed to offer crypto custody services, manage stablecoin activities, and even operate blockchain nodes.

“The OCC expects banks to have the same strong risk management controls in place to support novel bank activities as they do for traditional ones,” said Acting Comptroller of the Currency Rodney E. Hood.

This move is expected to ease pressure on banks involved in crypto, ensuring that these activities are treated consistently, regardless of the technology used.

OCC Reverses Biden-Era Crypto Restrictions

Alongside this decision, the OCC withdrew previous guidance from President Joe Biden’s administration that had imposed extra steps for banks wanting to engage in crypto. Earlier rules required banks to notify regulators, explain their risk management plans, and obtain approval before offering crypto services.

The OCC also revoked past warnings from U.S. regulators that had discouraged banks from dealing with crypto. A 2023 statement did not ban crypto activities outright but cautioned that the sector is highly volatile and would face strict oversight.

While the crypto industry welcomed the OCC’s new stance, some remain cautious. Custodia Bank CEO Caitlin Long tweeted on March 7 that “Operation Chokepoint 2.0 isn’t over” until the U.S. Federal Reserve and the FDIC also lift their anti-crypto policies.

It’s the Crypto Era Now

The announcement came on the same day as a major development from the White House. President Donald Trump signed an executive order creating a strategic reserve for Bitcoin and other cryptocurrencies.

At the White House Crypto Summit, Trump declared he was “ending Operation Chokepoint 2.0,” accusing the program of unfairly pressuring banks to cut off crypto businesses and block transfers to exchanges. He claimed the crackdown was politically motivated and was being lifted for votes rather than the right reasons.

With the OCC easing restrictions and the White House showing support for crypto, U.S. regulations on digital assets are shifting. However, with the Federal Reserve and FDIC still maintaining their policies, the fight over crypto banking is far from over.

@ Newshounds News™

Source:  Coinpedia

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“Tidbits From TNT” Saturday Morning 3—8-2025

TNT:

Tishwash:  Sudanese advisor: The upcoming digital currency is easy to trade and does not differ in exchange rate

The Iraqi Prime Minister's Advisor for Economic Affairs, Mazhar Muhammad Salih, reassured that the digital currency intended to be launched in the future in Iraq is easy to trade and does not differ in exchange rate.

Mazhar Mohammed Saleh told Rudaw Media Network, "The digital currency that is intended to be introduced in the future is consistent with the general trends of central banks in the world, not just in Iraq," indicating that "the idea started with the Bank for International Settlements, which is the international bank of banks in Basel."

 He explained that "there is a project called (M. Bridge) that deals with settling financial transactions between central banks with this digital currency, so this external reflection must also be reflected internally," believing that "the central bank is more in need of entering (M. Bridge) in its settlements with the major global oil trade areas in China, India, Southeast Asia and some European countries."

 It is noteworthy that the "M Bridge" project was launched in 2021 at the initiative of the Bank for International Settlements in cooperation with China and a number of central banks, with the aim of accelerating international payments using digital currencies, reducing transaction costs and ensuring their security.

 Mazhar Muhammad Salih pointed out that “the importance of this currency is that it is generally easy to trade for banks, and it does not require what is called liquidity risks,” adding: “Theoretically, if all the currency within banks is digital, there are no risks in bank credit, no risks in money laundering, and so on.”

Al-Sudani's advisor pointed out that "90% of the monetary mass is outside the banking system, so Iraqi society deals with paper money, and it is unreasonable to immediately switch to digital currency overnight," adding that "it is the project of hope for Iraq, and is directly proportional to the progress and development of the uses of digital currency in the world, and it is equivalent and proportional in terms of value to the issued paper currency."

 Mazhar Muhammad Salih confirmed that the digital currency "does not differ from the paper currency at all, and the exchange rate does not differ with it, and there is no difference except that its efficiency is higher, and it comes in line with the development of the world, and I believe that Iraq is keeping pace with the world in this matter."  link

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Tishwash:  Iraq, Finland Discuss Strengthening Economic and Investment Ties

Ambassador Mohammed Hussein Bahr Aluloom, Undersecretary of the Iraqi Foreign Ministry for Bilateral Relations, met in Helsinki with Jarno Syrjälä, Under-Secretary of State for International Trade of Finland, to discuss ways to enhance economic, trade, and investment cooperation between the two countries.

Ambassador Bahr Aluloom highlighted Iraq's economic progress, emphasizing security stability and an improved business environment, which have made Iraq an attractive destination for foreign investments. He cited the United Kingdom's decision to lower travel warnings to Iraq as an example of international confidence in Iraq's progress. The Ambassador also encouraged Finnish companies to invest in strategic projects, particularly the Development Road and the energy sector.

Under-Secretary Syrjälä welcomed Iraq's economic reforms, acknowledging their role in enhancing the investment climate. He expressed Finnish companies' interest in returning to the Iraqi market.

The two sides agreed to develop practical mechanisms to strengthen cooperation, including a delegation of Finnish companies visiting Iraq to explore investment opportunities in renewable energy, electricity, digital transformation, and artificial intelligence.   link

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Tishwash:  Economist warns: Oil prices falling below $70 only cover salaries

Economic expert Nabil Al Marsomi warned of the repercussions of the decline in oil prices on the government’s financial situation, stressing that Iraq is facing an escalating financial crisis with the start of the decline in oil revenues since last February.

Al-Marsoumi told Al-Furat News Agency that "expectations of the financial crisis have begun to materialize on the ground, as the government has imposed strict restrictions on investment spending, and decided not to include new projects in the 2025 budget and to suffice with completing the current projects included in the current budget."

He pointed out that the current price of an Iraqi barrel, which is about $67, is only enough to cover about two-thirds of the general budget, explaining that "current oil revenues are allocated entirely to paying salaries and social welfare programs, while vital governing and sovereign paragraphs related to the lives of citizens and the national economy are marginalized.

Al-Marsoumi pointed out that the situation requires proactive measures to avoid the exacerbation of the crisis, calling for rationalizing public spending and strengthening non-oil sources of income to ensure the stability of public finances. link

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Mot:  . Here Weeeeeeeeeeeee Go Again!!!! 

motL .... dont know why!!!! - But!!!