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UK’s Bond Collapse Sends a Major Warning to the World, US Treasuries are Next
UK’s Bond Collapse Sends a Major Warning to the World, US Treasuries are Next
Sean Foo: 9-5-2025
Something’s brewing in the heart of the global financial system, and it has economists and investors alike paying close attention.
A recent video from economic analyst Sean Foo shines a harsh spotlight on the unfolding crisis gripping the British bond market – and why it’s far more than just a local problem. He argues it’s a chilling precursor to deeper economic distress on a global scale.
Imagine a government caught in a financial vise. That’s precisely the precarious situation the British government finds itself in.
UK’s Bond Collapse Sends a Major Warning to the World, US Treasuries are Next
Sean Foo: 9-5-2025
Something’s brewing in the heart of the global financial system, and it has economists and investors alike paying close attention.
A recent video from economic analyst Sean Foo shines a harsh spotlight on the unfolding crisis gripping the British bond market – and why it’s far more than just a local problem. He argues it’s a chilling precursor to deeper economic distress on a global scale.
Imagine a government caught in a financial vise. That’s precisely the precarious situation the British government finds itself in.
Despite multiple interest rate cuts from the Bank of England, bond yields are soaring to a staggering 27-year high. This signals a deep lack of confidence from investors in the UK’s ability to manage its burgeoning debt.
The numbers are stark: the UK’s debt-to-GDP ratio stands at a daunting 100%. What makes this particularly alarming for Britain, unlike the United States, is its lack of a global reserve currency.
This crucial difference severely limits its options to navigate this debt crisis without risking the perilous path of hyperinflation.
The government is caught in a classic fiscal bind. Increase taxes significantly without major spending cuts? You risk shrinking the private sector, suffocating economic growth, and ultimately creating a vicious cycle of rising borrowing costs and declining investor confidence. It’s a no-win scenario that demands drastic action.
The crisis isn’t solely internal. External forces are also playing a significant role. The ongoing trade war with the United States, for instance, imposes tariffs that undermine UK exports, further straining public finances already under immense pressure.
Compounding this, the pound sterling has suffered a sharp decline. While a weaker currency can sometimes boost exports, in this scenario, it’s primarily adding inflationary pressures and raising the cost of essential imports and production. Businesses face higher input costs, which inevitably get passed on to consumers already battling a cost-of-living crisis.
Sean Foo meticulously draws unsettling parallels between the UK’s predicament and looming challenges in the US Treasury market.
While the US benefits immensely from the dollar’s global reserve currency status – a significant advantage the UK lacks – it’s not immune to the debt spiral fueled by unprecedented government spending and borrowing. Rising bond yields and massive refinancing needs aren’t unique to London; they represent a significant risk for Washington too.
The video serves as a sobering reminder: without drastic fiscal adjustments, including significant spending cuts, both the UK and US debt markets could face severe crises.
The urgent need for fiscal discipline, cautious monetary policy, and the resolution of trade conflicts are not just buzzwords; they are critical lifelines to prevent a deepening crisis in sovereign debt markets worldwide.
The UK’s bond market isn’t just a local concern; it’s a flashing red light for global debt market instability, particularly highlighting the imminent risks facing the US Treasury market. Understanding these dynamics is crucial for anyone navigating today’s economic landscape.
For a deeper dive into the mechanics of this crisis and its global implications, you absolutely need to watch Sean Foo’s full video. Don’t miss out on these vital insights.
Seeds of Wisdom RV and Economic Updates Friday Afternoon 9-5-25
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Currency Selection: JP Morgan Flags BRICS Push, US Dollar Loses Value
Bank warns of accelerating de-dollarization as BRICS strengthens gold-backed frameworks.
JP Morgan’s Warning on the Dollar
JP Morgan’s latest currency analysis has raised fresh concerns about the U.S. dollar’s long-term role as the world’s reserve currency. The bank highlighted that the dollar’s share of global foreign exchange reserves has slipped from 71% in 2000 to 58% today, a decline that has accelerated over the past two decades.
Good Afternoon Dinar Recaps,
Currency Selection: JP Morgan Flags BRICS Push, US Dollar Loses Value
Bank warns of accelerating de-dollarization as BRICS strengthens gold-backed frameworks.
JP Morgan’s Warning on the Dollar
JP Morgan’s latest currency analysis has raised fresh concerns about the U.S. dollar’s long-term role as the world’s reserve currency. The bank highlighted that the dollar’s share of global foreign exchange reserves has slipped from 71% in 2000 to 58% today, a decline that has accelerated over the past two decades.
The research points to three major forces behind the shift:
Commodity trades increasingly priced in non-USD currencies.
New cross-border payment systems bypassing U.S. banks.
Ongoing reductions in central bank dollar reserves.
“In the commodities space, energy transactions are more often being priced in non-USD currencies,” the report stated, underscoring the trend toward de-dollarization.
BRICS Multi-Currency Strategy
Rather than creating a single rival to the dollar, BRICS nations are developing a multi-currency framework backed by gold. Russian Foreign Minister Sergey Lavrov emphasized: “No one in the BRICS community is raising the issue of replacing the dollar. The alternative is to switch to settlements in national currencies.”
This structure allows member nations to peg their currencies to gold reserves while maintaining monetary sovereignty. It is viewed as a more practical model than an immediate single BRICS currency.
China’s Cross-Border Interbank Payment System (CIPS) now links nearly 5,000 banks worldwide and offers settlement times as fast as 7 seconds — a direct challenge to SWIFT’s dominance.
Gold-Backed Developments
Gold plays a central role in BRICS’ evolving monetary system:
BRICS central banks are purchasing directly from domestic miners, bypassing Western supply chains.
The Shanghai Futures Exchange introduced T+0 gold settlement in March 2024, transforming physical gold trading.
World Gold Council data shows 19 of 36 central banks have increased gold purchases through local partnerships.
Analysts now estimate fair value for gold at around $8,000 per ounce, reflecting tightening supply conditions. Short-term lease rates have surged — gold at 9.4% and silver at 6.5% — pointing to demand pressure across global markets.
A Gradual Transition
JP Morgan’s assessment suggests the future is unlikely to bring a single replacement for the dollar. Instead, multiple reserve alternatives may emerge, with BRICS’ gold-backed multi-currency system playing a pivotal role.
While timelines remain fluid, analysts point to 2026 as a possible target for fuller BRICS rollout. This multipolar approach underscores a deeper geopolitical realignment as emerging markets reduce their reliance on U.S. financial infrastructure.
Why This Matters
The dollar remains dominant, but its gradual erosion signals a future where trade and reserves are distributed across a basket of currencies. BRICS’ gold-backed strategy is accelerating this trend, forcing global institutions to rethink assumptions about the dollar’s permanence at the center of global finance.
@ Newshounds News™
Source: Watcher.Guru
~~~~~~~~~
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Iraq Economic News and Points To Ponder Friday Morning 9-5-25
Not Exceeding 20%... The Culture Of Cash Transactions Hinders The Electronic Transformation In Kurdistan.
Baghdad Today - Kurdistan Financial expert Othman Karim confirmed on Thursday (September 4, 2025) that the percentage of electronic financial transactions in the Kurdistan Region is still below the required level, and has not exceeded 20% so far.
Karim told Baghdad Today that manual transactions are still the norm in government departments when it comes to receiving taxes and invoices, and that the use of electronic cards in daily transactions between citizens is limited to large shopping centers.
Not Exceeding 20%... The Culture Of Cash Transactions Hinders The Electronic Transformation In Kurdistan.
Baghdad Today - Kurdistan Financial expert Othman Karim confirmed on Thursday (September 4, 2025) that the percentage of electronic financial transactions in the Kurdistan Region is still below the required level, and has not exceeded 20% so far.
Karim told Baghdad Today that manual transactions are still the norm in government departments when it comes to receiving taxes and invoices, and that the use of electronic cards in daily transactions between citizens is limited to large shopping centers.
The expert attributed this decline to several main reasons, including the continued manual payment of salaries by employees, a lack of trust in banks within the region, and the absence of a culture of electronic financial transactions. https://baghdadtoday.news/282512-20.html
Exciting Figures: Iraq Ranks High Globally In Its Use Of Cryptocurrencies.
Economy 2025-09-04 | 06:28 817 views Alsumaria News The Global Cryptocurrency Adoption Index revealed that Iraq ranked relatively high, ranking among the top third of countries worldwide using cryptocurrencies.
The sixth edition of the Global Cryptocurrency Adoption Index reveals the extent of cryptocurrency adoption at the grassroots level. The index consists of four sub-indices and ranks 151 countries, with a final score ranging from 1 to 0.
The closer a country's score is to 1, the higher its cryptocurrency adoption rate. LINK
Customs: Our Revenues Will Reach 3 Trillion Dinars By The End Of This Year.
Yesterday, 10:34 Baghdad - INA - Mohammed Al-Talibi The General Authority of Customs announced on Thursday that it has taken measures to eliminate tampering with invoices for imported goods. While indicating that revenues will reach 3 trillion dinars by the end of the current year, it confirmed that the memorandum of understanding with the Saudi side is in its final stages.
The head of the authority, Qasim Thamer, told the Iraqi News Agency (INA):
"Customs revenues have increased in light of the recent customs reforms and are at their best this year," noting that
"customs revenues have not exceeded one trillion in 20 years."
He added, "Following the implementation of the ASYCUDA system and the Prime Minister's launch of the customs reform file, revenues increased to 2 trillion dinars in 2024.
This year, customs revenues have reached 1.7 trillion dinars to date," expecting that "customs revenues will reach 3 trillion dinars by the end of the current year."
He stressed that "the advance customs declaration will be implemented starting December 1st,
requiring traders to submit a declaration regarding the goods they will import before transferring hard currency abroad.
This way, we will have advance customs information, from which the value of the goods will be calculated.
This will positively reflect on increased customs revenues, as every dollar that leaves Iraq
will be matched by goods entering through border crossings."
He explained that "there will be a full link with the Central Bank of Iraq through submitting invoices to the Central Bank for auditing and verification, thus eliminating manipulation of invoices."
He pointed out that "the relationship is directly proportional between the value of the goods and the
customs duty, and since the prices of goods will be real, the customs duty will be real, leading to an increase in the customs duty."
Regarding the memorandum of understanding with the Saudi side, Thamer confirmed that
"the memorandum of understanding with the Saudi side is in its final stages, and a draft has been prepared but has not yet been completed."
He noted that "the opening of the Jamima border crossing between Iraq and Saudi Arabia will take place during November or December, and this depends on the administrative and legal procedures between the two countries."
He pointed out that "the agreement includes the
exchange of information and trade during this season, as well as
facilitating the movement of trade, the entry of goods, and the
exchange of information regarding the customs aspect, in addition to
facilitating the passage of goods through the global TIR system,
in addition to other services." https://ina.iq/ar/economie/242537-3.html
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com
Seeds of Wisdom RV and Economic Updates Friday Morning 9-5-25
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SEC’s Agenda Proposes Crypto Safe Harbors, Broker-Dealer Reforms
Regulatory shift could reduce oversight and give crypto firms room to operate in the U.S.
A Softer SEC Approach
The U.S. Securities and Exchange Commission (SEC) has unveiled a sweeping set of proposed rules that could reshape how digital assets are regulated. SEC Chair Paul Atkins announced roughly 20 rule proposals as part of the agency’s spring 2025 agenda, signaling a departure from the heavy-handed enforcement tactics of recent years.
Good Morning Dinar Recaps,
SEC’s Agenda Proposes Crypto Safe Harbors, Broker-Dealer Reforms
Regulatory shift could reduce oversight and give crypto firms room to operate in the U.S.
A Softer SEC Approach
The U.S. Securities and Exchange Commission (SEC) has unveiled a sweeping set of proposed rules that could reshape how digital assets are regulated. SEC Chair Paul Atkins announced roughly 20 rule proposals as part of the agency’s spring 2025 agenda, signaling a departure from the heavy-handed enforcement tactics of recent years.
“The agenda covers potential rule proposals related to the offer and sale of crypto assets to help clarify the regulatory framework for crypto assets and provide greater certainty to the market,” Atkins said. He added that the new approach would focus on “smart, effective, and appropriately tailored” regulation within statutory limits.
What’s in the SEC’s Agenda
Key items in the proposal include:
Introducing exemptions and safe harbors for the offer and sale of crypto assets.
Amending the Exchange Act to account for trading of digital assets on alternative trading systems (ATS) and national securities exchanges.
Revising broker-dealer financial responsibility rules to lessen reporting and compliance burdens.
“Modernizing” custody requirements under the Investment Advisers Act of 1940 to account for digital assets.
If implemented, these reforms could reduce legal risks for crypto companies, lighten regulatory overhead, and encourage innovation within U.S. markets.
Broker-Dealers in Focus
Broker-dealer rules have long been contentious in the crypto space, particularly requirements around Know Your Customer (KYC) and Anti-Money Laundering (AML). Many decentralized networks struggle to meet these standards due to the absence of centralized data collection. Adjusting these rules could ease operational pressures while maintaining compliance pathways.
From Gensler to Atkins: A Regulatory Reversal
The SEC’s shift comes less than a year after former Chair Gary Gensler’s resignation in January 2025. Under Gensler, the commission pursued aggressive enforcement, filing lawsuits and pushing stricter custody requirements. By contrast, Atkins has overseen the withdrawal of many of those initiatives, dropping investigations and signaling a more collaborative stance toward the industry.
Why This Matters
The SEC’s evolving agenda suggests that U.S. regulators may be moving toward a more balanced framework for digital assets. While proposals still face a lengthy approval process — including public comment and review — the direction under Atkins appears clear: easing barriers for crypto while preserving investor protections.
@ Newshounds News™
Source: Cointelegraph
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Fintech Giant Stripe Rolls Out New Payments-Focused Layer-1 Blockchain for ‘Real-World Financial Services Applications’
Stripe and Paradigm launch Tempo, a blockchain optimized for high-speed stablecoin payments.
Introducing Tempo
Stripe, in collaboration with Paradigm, has unveiled Tempo, a new layer-1 blockchain designed specifically for payments. Announced by Stripe CEO Patrick Collison, Tempo promises to support global financial services with a throughput exceeding 100,000 transactions per second and sub-second finality.
“We think of Tempo as the payments-oriented L1, optimized for high-scale, real-world financial services applications,” Collison said.
Stablecoin Fees and User Experience
Unlike many blockchains that require native tokens for transaction fees, Tempo will allow fees to be paid directly in fiat-pegged stablecoins. This feature is aimed at simplifying user adoption and enhancing the overall financial services experience.
Backed by Major Partners
Tempo is being incubated as an independent company, led by Paradigm co-founder Matt Huang. The initiative has already secured high-profile partners including:
Anthropic
Deutsche Bank
DoorDash
OpenAI
Revolut
Shopify
Standard Chartered
Visa
These firms will contribute to the blockchain’s design and deployment, ensuring it meets the needs of both traditional finance and next-generation digital services.
Technology and Features
Tempo is being built with:
A diverse validator set, with a roadmap toward permissionless validation.
Compatibility with the Ethereum Virtual Machine (EVM).
An automated market maker (AMM) for stablecoins to streamline liquidity.
The blockchain is currently in private testing, focusing on use cases such as cross-border payments, remittances, microtransactions, and AI-driven payments.
Why This Matters
The launch of Tempo marks a major step in the convergence of fintech and blockchain. By targeting payments rather than trading, Stripe and Paradigm are positioning Tempo as a global backbone for financial services — one that could rival both legacy payment networks and existing crypto infrastructure.
@ Newshounds News™
Source: Daily Hodl
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We Are Going to Take XRP to New Heights, Says Flare Founder
Flare CEO Hugo Philion outlines bold plans to unlock billions in XRP liquidity through DeFi.
Taking XRP to New Heights
Flare co-founder and CEO Hugo Philion has doubled down on his mission to expand XRP’s role in decentralized finance. In a Thursday post, Philion said his team is “going to take XRP to new heights,” underscoring Flare’s vision to turn XRP into a yield-bearing asset.
Philion highlighted XRP as the core asset and FLR as the enabling token, positioning Flare as the bridge that connects XRP with DeFi infrastructure.
Building the Framework: From Staking to Firelight
Flare’s plans have gained traction throughout 2025:
March – Philion announced low-risk staking opportunities for XRP holders, offering rewards while minimizing validator risks.
June – The project unveiled Firelight, a liquid staking protocol that lets XRP holders wrap tokens into FXRP and mint stXRP for use in DeFi. Partners included VivoPower, which committed $100 million in XRP, and Uphold, a launch collaborator.
By August, Flare revealed that Firelight could deliver annual yields of 4–7% on XRP, a breakthrough for an asset that traditionally generated no yield.
A Non-Custodial, DeFi-Ready System
Firelight is designed as a decentralized and non-custodial protocol, addressing risks seen with centralized exchanges. With wrapped XRP (FXRP) secured on Flare and represented by stXRP, holders can:
Participate in lending and borrowing.
Mint stablecoins.
Access Ethereum-style DeFi markets thanks to Flare’s EVM compatibility and oracle integrations.
This approach could unlock over $100 billion in previously idle XRP liquidity, giving XRP new utility beyond cross-border payments.
Community and Market Reactions
Legal analyst Bill Morgan has long argued that XRP needs to expand its use cases. “XRP has to work harder to grow its utility beyond payments,” he said earlier this year. Firelight, he noted, may be the path forward.
Market watchers are also speculating on price implications. EasyA co-founder Dom Kwok emphasized that XRP, which once peaked at a $200 billion market cap without DeFi integration, could achieve four-figure valuations if it experiences a true DeFi breakout driven by institutional adoption, ETFs, and stablecoin payments.
Why This Matters
Flare’s innovations could mark the beginning of a new era for XRP. By enabling staking, lending, and stablecoin issuance, Firelight positions XRP as a DeFi-ready asset and challenges perceptions of it as solely a payments token. If institutions continue to adopt, XRP may finally step into the broader world of on-chain finance.
@ Newshounds News™
Source: The Crypto Basic
~~~~~~~~~
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“Tidbits From TNT” Friday Morning 9-5-2025
TNT:
Tishwash: Al-Sudani directs employees of the Ministry of Finance and relevant government banks to work on Fridays and Saturdays.
Prime Minister Mohammed Shia al-Sudani directed Finance Ministry employees on Thursday to report to work on Friday and Saturday to complete the distribution of retirees' salaries.
A government source said, "The Prime Minister has directed employees of the Ministry of Finance and relevant government banks to report to work on Friday and Saturday to complete the distribution of retirees' salaries."
TNT:
Tishwash: Al-Sudani directs employees of the Ministry of Finance and relevant government banks to work on Fridays and Saturdays.
Prime Minister Mohammed Shia al-Sudani directed Finance Ministry employees on Thursday to report to work on Friday and Saturday to complete the distribution of retirees' salaries.
A government source said, "The Prime Minister has directed employees of the Ministry of Finance and relevant government banks to report to work on Friday and Saturday to complete the distribution of retirees' salaries." link
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Tishwash: Coming Soon to Iraq: Launch of the Globally Recognized Electronic Signature to Boost Digital Transformation
Minister of Communications, Hiyam Al-Yasiri, announced today, Thursday, the imminent launch of electronic signatures, while affirming that these signatures are internationally recognized.
Al-Yasiri said in a statement to the official media, followed by (Al-Mada), that "the government has been working very quickly, and digital transformation has been one of its priorities," indicating that "electronic payment is now available everywhere, in addition to the complete localization of salaries and the delivery of a unified card to almost all Iraqis."
She added, "The Ministry of Communications is the unknown soldier of the digital transformation project, as the ministry is the one providing the infrastructure for the unified card. We are the ones providing the infrastructure for the electronic passport, and all institutions working on the electronic transformation originally rely on the infrastructure of the Ministry of Communications. We have made a significant contribution to the digital transformation in Iraq."
She emphasized, "We have strategic plans and major projects that we want to complete in the future. Our ministry is focused on three main success stories, including the national mobile phone license project, the fiber optic cable project, and its widespread deployment. We are continuing with expansion and submarine cable and transit projects." She noted that, "Electronic signatures will soon be launched in Iraq for the first time, and have become globally recognized, representing a fundamental pillar of digital transformation in Iraq link
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Tishwash: KRG's 'MyAccount' Digital Salary Project Surpasses 900,000 Registrations
The KRG's "MyAccount" digital salary project has surpassed 900,000 registered employees, a major milestone in its push to modernize banking and enhance transparency. The initiative is a key part of the government's reform agenda, praised for its efficiency and positive impact.
The Kurdistan Regional Government's (KRG) landmark "MyAccount" initiative, a cornerstone of its ambitious public service modernization and financial transparency agenda, has reached a major milestone, with the number of registered government employees and salary recipients now exceeding 900,000.
This significant achievement marks a pivotal moment in the KRG's strategic shift away from a cash-based economy and toward a secure, efficient, and modern digital banking ecosystem for its public sector workforce.
In a release issued on Wednesday, September 3, 2025, the KRG announced that a total of 900,600 government employees have successfully registered for the program. The statement described the project as a "major effort by the Kurdistan Regional Government to digitalize banking services and reduce reliance on cash, moving towards the development of modern public services."
This transition is being meticulously implemented in full coordination with the Central Bank of Iraq and involves a partnership with seven private banks and their extensive branch networks. The ultimate goal of the project is to provide secure digital salary services to more than one million beneficiaries.
The registration data reveals widespread adoption across the Kurdistan Region.
The provincial breakdown shows that Erbil leads with 401,815 registered beneficiaries, followed by Sulaimani with 278,630, and Duhok with 220,155. The tangible impact of this digital transition is already being felt on a massive scale.
This month alone, more than 465,000 beneficiaries received their salaries digitally through a rapidly expanding network of nearly 450 Automated Teller Machines (ATMs) strategically placed across the region. In a further expansion of the program, thousands of pensioners are also currently participating in a pilot phase to begin receiving their pensions through the same digital system.
The "MyAccount" project, officially announced by KRG Prime Minister Masrour Barzani in February 2023, is a central component of the ninth cabinet's comprehensive reform strategy. It is designed not only to modernize banking but also to enhance financial inclusion, increase transparency, and streamline government operations.
The initiative has garnered international praise for its vision and execution. During a meeting in Erbil on August 31, the newly appointed U.S. Consul General, Wendy Green, specifically praised the KRG's reform efforts, highlighting the "MyAccount" digital initiative alongside the "Runaki" 24-hour electricity program as particularly significant achievements.
The project's impact extends far beyond simple administrative efficiency, reaching deep into the fabric of public life and directly enhancing other critical sectors, most notably education.
As previously reported by Kurdistan24, KRG Minister of Education Alan Hama Saeed identified the "MyAccount" initiative as one of three key government projects that are fundamentally revolutionizing the education sector. He described the previous salary distribution system as archaic and fraught with risk, where a school principal and other staff members would have to physically collect large sums of cash from a bank.
"Previously, a school principal and two other people would have to visit the bank and bring the salary money in a sack. If the money was short, it would create problems for them," the minister explained. The "MyAccount" project has eliminated this precarious and inefficient practice, empowering educators with financial autonomy and security. "But now, the teacher has their own account and receives the salary themselves," he noted, framing it as one of the most impactful projects for the dignity and professionalism of the teaching workforce.
The successful implementation of "MyAccount" is a testament to the KRG's strategic planning and its commitment to meeting rigorous international standards.
The project adheres to strict financial regulations, excluding any sanctioned institutions and requiring participating banks to make substantial investments in their retail infrastructure, including the deployment of ATMs and Point of Sale (POS) devices, as well as enhancing customer service to ensure a seamless transition for all beneficiaries.
As the program continues to expand toward its goal of including over one million public sector employees and pensioners, it stands as a clear and powerful example of the KRG's forward-looking governance. By building a modern, transparent, and secure financial infrastructure, the "MyAccount" project is not only improving the daily lives of hundreds of thousands of citizens but is also laying a critical foundation for the Kurdistan Region's long-term economic stability and development.
For further information, citizens are encouraged to visit the official website at this link or contact the dedicated service center at 1991. link
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Mot: ... For all you city slickers out there !!!!!
Mot: and the Problem is ?????
Iraq Economic News and Points To Ponder Thursday Afternoon 9-4-25
Fluctuations In The Dollar Exchange Rate In Iraqi Markets
economy | 04/09/2025 Mawazine News - Baghdad - The exchange rate of the US dollar against the Iraqi dinar witnessed fluctuations on Thursday in the markets of the capital, Baghdad, and Erbil.
The dollar price rose on the two main stock exchanges, Al-Kifah and Al-Harithiya, in Baghdad, to 143,050 dinars for every $100, while it recorded 142,800 dinars for every $100 on Wednesday.
Fluctuations In The Dollar Exchange Rate In Iraqi Markets
economy | 04/09/2025 Mawazine News - Baghdad - The exchange rate of the US dollar against the Iraqi dinar witnessed fluctuations on Thursday in the markets of the capital, Baghdad, and Erbil.
The dollar price rose on the two main stock exchanges, Al-Kifah and Al-Harithiya, in Baghdad, to 143,050 dinars for every $100, while it recorded 142,800 dinars for every $100 on Wednesday.
Selling prices in exchange shops in the local markets in Baghdad rose, with the selling price reaching 144,000 dinars for every $100, and the buying price reaching 142,000 dinars for every $100. https://www.radionawa.com/Babetekan.aspx?Babet=1
Gold, Palladium, And Platinum Decline With Market Volatility
economy | 04/09/2025 Mawazine News - Follow-up: Gold fell on Thursday due to profit-taking after hitting an unprecedented peak, supported by expectations of a US interest rate cut, while investors awaited important US jobs data scheduled for release this week.
Spot gold fell 0.3% to $3,546.73 per ounce, as of 01:53 GMT, after reaching a record high of $3,578.50 on Wednesday. US futures for December delivery also fell 0.8% to $3,605.60 per ounce.
US stocks were mostly higher on Wednesday, with the Dow Jones Industrial Average closing almost flat, the S&P 500 rising about 0.5%, and the Nasdaq Composite rising 1%. https://www.mawazin.net/Details.aspx?jimare=266187
Oil Falls More Than 2% Amid Anticipation Of OPEC+ Decisions
economy | 04/09/2025 Mawazine News - Follow-up: Oil prices fell on Thursday, continuing their more than 2% decline in the previous session, as investors and traders looked ahead to the OPEC+ meeting at the end of the week, where producers are expected to consider further increases in production targets.
Brent crude fell 27 cents, or 0.40%, to $67.33 a barrel by 01:14 GMT, while US West Texas Intermediate crude fell 28 cents, or 0.44%, to $63.69 a barrel.
Two sources familiar with the matter said that eight members of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, will consider further production increases at their meeting on Sunday, in an attempt by the group to regain market share.
OPEC+ had already agreed to raise production targets by about 2.2 million barrels per day from April to September, in addition to increasing the United Arab Emirates’ quota by 300,000 barrels per day. https://www.mawazin.net/Details.aspx?jimare=266185
Iraq Ranks High Globally In The Use Of Cryptocurrencies.
economy | 01:42 - 04/09/2025 Mawazine News - Baghdad - The Global Cryptocurrency Adoption Index (GCI) revealed that Iraq ranked relatively high, ranking among the top third of countries worldwide using cryptocurrencies.
The sixth edition of the GCI reveals the extent of cryptocurrency adoption at the grassroots level. The index consists of four sub-indices and ranks 151 countries, assigning a final score between 1 and 0. The closer a country's score is to 1, the higher its ranking in cryptocurrency adoption.
Iraq ranked 44th globally out of 151 countries, placing it among the top third in cryptocurrency adoption. With a score of 0.05, Iraq outperformed Saudi Arabia, Oman, Kuwait, the UAE, Qatar, and Bahrain. However, Turkey, Yemen, and Jordan outperformed Iraq.
Data indicates that the Asia-Pacific region was the fastest-growing region for cryptocurrency supply chain activity, with a 69% year-on-year increase in value received over the past 12 months.
Total cryptocurrency transaction volume in the Asia-Pacific region rose from $1.4 trillion to $2.36 trillion. https://www.mawazin.net/Details.aspx?jimare=266202
German Ambassador: Access To Finance Guide Will Develop Iraq's Financial Sector
Buratha News Agency1582025-09-03 The Chargé d'Affaires of the German Embassy in Iraq, Roland Westebe, confirmed on Wednesday that the Access to Finance Guide is a strategic step for small and medium-sized enterprises (SMEs).
He pointed out that the cooperation with the Central Bank aims to strengthen and support the financial sector in Iraq for the coming years. Westebe told the official agency, "The Access to Finance Guide offers many financial services, but SMEs are unable to access them because there is a lack of information available to them, or it may be offered privately."
He also pointed out that "the guide will be the primary reference for small and medium-sized enterprises to understand the types of services provided and how to access and evaluate them."
He added, "The project is a major strategic step towards improving access to financing for small and medium-sized enterprises and enhancing the financial sector in Iraq, in cooperation with the Central Bank and the Association of Banks," noting that "we will continue to provide support to the Iraqi financial sector in the coming years." https://burathanews.com/arabic/news/464616
MP: More Than 30 International Companies Are Interested In Entering The Renewable Energy Market In Iraq.
E+conomy | 04/09/2025 Mawazine News - Baghdad - MP Mudhar Al-Karwi revealed on Thursday the desire of more than 30 international companies to invest in the renewable energy sector in Iraq.
Al-Karwi said, "Iraq represents a locomotive for renewable energy, especially in the field of electricity generation from solar panels, given its ideal climate for this purpose, the possibility of supplying the produced energy to the national grid, and the large space available for local consumption."
He added, "Iraq has been suffering for many years from a worsening electricity crisis, with total consumption exceeding 40,000 megawatts," noting that "more than 30 countries and international companies have expressed their desire to engage in the renewable energy investment market, with efforts to establish strategic partnerships that will become more evident in 2026 through the implementation of more than ten important projects in stations with different production capacities in Diyala, Salah al-Din, and Kirkuk, in addition to some governorates of the middle and southern Euphrates."
Al-Karwi emphasized that "Iraq is capable, within the next five years, if renewable energy projects are implemented, of securing between 10 and 15% of its electricity needs through renewable energy, once all established plants are operational and producing."
For years, Iraq has relied on Iranian gas to operate a large portion of its power plants, given its weak domestic production and the delay in associated gas investment projects. Despite Baghdad's attempts to diversify its energy sources, US sanctions imposed on Tehran complicate this issue. Washington grants temporary waivers to Iraq allowing it to import, but these are subject to periodic reviews, keeping the energy file hostage to geopolitical tensions.
This comes at a time when Iraq is suffering from a chronic electricity crisis that worsens during the summer, making any sudden decision to halt Iranian supplies a threat to the stability of the electricity system.
Between US pressure and the urgent need for energy, the Iraqi government is searching for alternative solutions that guarantee its energy security without compromising its international obligations. https://www.mawazin.net/Details.aspx?jimare=266218
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com
Seeds of Wisdom RV and Economic Updates Thursday Afternoon 9-4-25
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BRICS News: Sri Lanka, Kenya, Panama Snub US Dollar, Take BRICS Loan in Yuan
Emerging economies turn to China’s cheaper yuan financing as an alternative to the dollar, raising questions about the future of U.S. currency dominance.Cheaper Loans, Strategic Savings
Developing nations are increasingly looking to Beijing for funding—and specifically in Chinese yuan. Kenya, Panama, and Sri Lanka are the latest to strike loan deals with China, bypassing the U.S. dollar in favor of cheaper financing.
Good Afternoon Dinar Recaps,
BRICS News: Sri Lanka, Kenya, Panama Snub US Dollar, Take BRICS Loan in Yuan
Emerging economies turn to China’s cheaper yuan financing as an alternative to the dollar, raising questions about the future of U.S. currency dominance.Cheaper Loans, Strategic Savings
Developing nations are increasingly looking to Beijing for funding—and specifically in Chinese yuan. Kenya, Panama, and Sri Lanka are the latest to strike loan deals with China, bypassing the U.S. dollar in favor of cheaper financing.
Panama saved over $200 million by switching its loan currency to yuan, citing lower foreign exchange costs.
Kenya secured a $5 billion yuan-denominated loan from China’s Exim Bank for a major railway project.
Sri Lanka has requested yuan financing to revive stalled infrastructure projects, a request Beijing is expected to approve.
For these governments, the decision is not ideological but financial: yuan loans simply cost less.
BRICS Leverages Yuan Appeal
China, a leading member of BRICS, is actively promoting yuan lending as a competitive alternative to dollar debt.
Borrowing costs in U.S. dollars currently range between 4.25%–4.50%.
Loans in yuan are offered at rates near 1.4%, a dramatic difference.
By providing cheaper financing, Beijing not only secures influence in the Global South but also accelerates the yuan’s international use.
Experts note that these arrangements, while pragmatic, fall short of full-scale de-dollarization. For most borrowers, it is about lowering costs rather than permanently shifting away from the dollar.
Dollar Demand at Risk
Still, the optics are significant. Each yuan loan chips away at the dollar’s role in global finance. By positioning the yuan as a low-cost borrowing currency, China offers developing countries a financial lifeline that Washington cannot easily match.
While U.S. officials dismiss these moves as temporary, the trend points toward a slow erosion of dollar demand, particularly in regions where infrastructure and debt relief dominate political priorities.
Global Context: U.S. Debt Meets BRICS Strategy
This comes at a time when U.S. debt exceeds $36 trillion, with interest costs ballooning due to higher rates. The juxtaposition is stark:
Washington is paying more to service its own debt.
Meanwhile, BRICS nations are extending cheap yuan loans abroad, undercutting the dollar’s financing appeal.
This dual dynamic—rising U.S. fiscal strain vs. BRICS yuan lending—amplifies the global conversation on de-dollarization. While not yet a structural shift, these financing decisions strengthen BRICS’ broader campaign to diversify away from dollar dominance in trade, energy, and now sovereign debt.
Why This Matters
Kenya, Sri Lanka, and Panama may see yuan loans as a practical cost-saving measure, but the broader effect is strategic: BRICS is normalizing non-dollar financing. The more countries choose yuan debt, the more the global system adapts to multiple reserve currencies—a development that could accelerate pressure on the U.S. to defend the dollar’s role in world markets.
@ Newshounds News™
Source: Watcher Guru
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MilitiaMan and Crew: IQD Update-Road to Freedom- A Revolution-Digital Dinar
MilitiaMan and Crew: IQD Update-Road to Freedom- A Revolution-Digital Dinar
9-3-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Follow MM on X == https://x.com/Slashn
Be sure to listen to full video for all the news……..
MilitiaMan and Crew: IQD Update-Road to Freedom- A Revolution-Digital Dinar
9-3-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Follow MM on X == https://x.com/Slashn
Be sure to listen to full video for all the news……..
Iraq Economic News and Points To Ponder Thursday Morning 9-4-25
US Official Confirms They Will Not Withdraw From Iraq
United States has reiterated its lack of plans to withdraw from Iraq, emphasizing that its forces remain in the country at the official invitation of the government.
A US military official said in press statements that “Washington is not making any withdrawal from Iraq, and US forces are remaining at the invitation of the government,” noting that “any redeployment of these forces will be subject to an assessment of the security situation.”
US Official Confirms They Will Not Withdraw From Iraq
United States has reiterated its lack of plans to withdraw from Iraq, emphasizing that its forces remain in the country at the official invitation of the government.
A US military official said in press statements that “Washington is not making any withdrawal from Iraq, and US forces are remaining at the invitation of the government,” noting that “any redeployment of these forces will be subject to an assessment of the security situation.”
The US official affirmed the United States’ commitment to “a sustainable relationship with Iraq on the security and military levels.”
This US position comes after media reports in recent days spoke of a complete withdrawal of US forces from Baghdad. The US embassy also denied this, stating that its presence in Iraq is based on “bilateral agreements” aimed at supporting Iraqi forces.
For months, discussions have been ongoing between Baghdad and Washington to reorganize the US presence within the framework of an “advisory and training mission” rather than a direct combat role.
https://www.radionawa.com/all-detail.aspx?jimare=42536
Economist: Iraq Enjoys Financial Stability Thanks To The Central Bank's Reserves.
Economy | 04:47 - 03/09/2025 Mawazine News - Baghdad - Economic advisor, Mazhar Mohammed Saleh, confirmed on Wednesday that financial stability in Iraq is solid, and no worrying indicators have emerged so far, despite the external challenges and geopolitical shocks witnessed worldwide.
Saleh said, "Financial concerns are mainly due to the repercussions of external shocks such as trade wars and fluctuations in energy prices, but Iraq has proven its resilience thanks to the Central Bank's foreign currency reserves."
He added, "Monetary policy plays a pivotal role in stimulating the domestic financing market and supporting public liquidity, ensuring the implementation of government development programs and infrastructure projects, which is directly reflected in stimulating the labor market and enhancing economic activity."
He pointed out that "the strong coordination between fiscal and monetary policies dispels any fears of recession and even enhances the sustainability of economic stability, in light of low inflation and unemployment rates, high growth rates, and the launch of the social market strategy that balances protecting livelihoods and supporting investment and reconstruction."
https://www.mawazin.net/Details.aspx?jimare=266165
Gold Prices Rise In Baghdad And Erbil Markets
Wednesday, September 3, 2025, | Economic Number of reads: 116 Baghdad / NINA / The prices of foreign and Iraqi gold rose in the local markets of the capital, Baghdad, and Erbil, on Wednesday.
The selling prices of gold, in the wholesale markets on Al-Naher Street in Baghdad this morning, for one mithqal of 21 karat Gulf, Turkish and European gold was recorded at 719 thousand dinars, and the purchase price was 715 thousand dinars.
The selling price of one mithqal of 21 karat Iraqi gold was recorded at 689 thousand dinars, and the purchase price was 685 thousand.
As for the prices of gold in goldsmiths, the selling price of one mithqal of 21 karat Gulf gold ranged between 720 thousand and 730 thousand dinars, and the selling price of one mithqal of Iraqi gold was between 690 thousand and 700 thousand dinars.
As for the prices of gold in Erbil, it also recorded an increase, as 22 karat gold was sold for 738 thousand dinars, 21 karat gold was sold for 705 thousand dinars, and 18 karat gold was sold for 605 thousand dinars. / End https://ninanews.com/Website/News/Details?key=1249868
Oil Prices Touch $70 Per Barrel
Energy Economy News – Baghdad Oil prices stabilized in Asian trading on Wednesday, maintaining the previous session's gains driven by US sanctions, as the market looks ahead to the OPEC+ meeting early next week.
Brent crude fell 1 cent, or 0.01%, to $69.13 a barrel by 00:32 GMT.
While US West Texas Intermediate crude rose four cents, or 0.06%, to $65.63 a barrel.
Crude oil had risen more than 1% at settlement in the previous session after the United States imposed sanctions on a network of ships and shipping companies run by a businessman with dual Iraqi and St. Kitts and Nevis citizenship for smuggling Iranian oil under the guise of Iraqi crude.
A preliminary Reuters poll showed on Tuesday that U.S. crude oil inventories fell last week, along with distillate and gasoline stocks.
Three analysts polled by Reuters before the release of the weekly inventory data estimated that crude oil inventories fell by an average of about 3.4 million barrels in the week ending August 29.
weak data
Weak economic data kept prices range-bound.
The US manufacturing sector contracted for the sixth consecutive month as tariffs imposed by US President Donald Trump weighed on business confidence and economic activity, which in turn impacted expectations for crude demand.
The market is awaiting the results of a meeting of eight members of the Organization of the Petroleum Exporting Countries (OPEC) and its allies on September 7.Analysts say the group is unlikely to approve further changes to production at this time. https://economy-news.net/content.php?id=59584
New Rise In The Exchange Rate In Baghdad
Economy |03/09/2025 Mawazine News - Baghdad - The US dollar exchange rate rose in Baghdad markets on Wednesday.
The dollar price rose on the Al-Kifah and Al-Harithiya stock exchanges to 142,800 Iraqi dinars for every $100, while it recorded 142,600 dinars for every $100 on Tuesday.
Selling prices also rose in exchange shops in Baghdad's local markets, where the selling price reached 143,750 Iraqi dinars for every $100, and the buying price reached 141,750 dinars for every $100. https://www.mawazin.net/Details.aspx?jimare=266146
China Estimates Its Trade Volume With Iraq At Nearly $200 Billion.
Economy | 03/09/2025 Mawazine News - Baghdad - The Counselor of the Chinese Embassy in Iraq, Xu Haifeng, confirmed today, Wednesday, that Iraq is a key partner for his country, noting that China imported about 64 million tons of crude oil from Iraq in 2024.
Haifeng said in a press conference held in Baghdad on the occasion of the 80th anniversary of the victory over Japan that Chinese companies have been working in the energy sector in Iraq for many years, especially after 2003, and have contributed to the reconstruction of the oil sector and the export of crude oil to foreign markets. He stressed the readiness of both the Iraqi and Chinese sides to enhance cooperation in the fields of oil and electricity, with expectations of more diverse partnerships in the future.
The Chinese diplomat added that his country has invited 26 countries, including heads of government, parliaments, political and military leaders, to participate in China's celebrations of its victory over Japan.
He pointed out that the Chinese president stressed in his speech that the resistance of the Chinese people was the first struggle against foreign aggression and contributed to saving human civilization. He affirmed his country's commitment to working with countries around the world to build a bright future for humanity.
Haifeng explained that China's relations with its neighboring countries during World War II were intertwined, as the peoples of the region fought battles against Japanese aggression.
In response to our correspondent, the Chinese diplomat indicated that his country is today open to economic cooperation in Iraq, through its companies operating in the fields of energy, electricity and communications.
He pointed out that cooperation between China and Iraq includes combating terrorism, as Beijing provides training programs for Iraqi security forces.
The Chinese official concluded his remarks to the agency by pointing out that the volume of trade between the two sides reached approximately $200 billion in 2024. He explained that Chinese companies have also participated in the reconstruction of the Kurdistan Region's economy, with financial cooperation expanding over the past two years.
https://www.mawazin.net/Details.aspx?jimare=266161
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Thursday Morning 9-4-25
Good Morning Dinar Recaps,
Federal Reserve to Put Stablecoins at Center of October Payments Conference
Fed sets October 21 summit to examine tokenization, AI, and stablecoin business models as Congress advances digital asset regulation.
Fed Puts Stablecoins in the Spotlight
The U.S. Federal Reserve has announced a high-profile conference on October 21 to explore the future of payments innovation, with stablecoins taking center stage.
Good Morning Dinar Recaps,
Federal Reserve to Put Stablecoins at Center of October Payments Conference
Fed sets October 21 summit to examine tokenization, AI, and stablecoin business models as Congress advances digital asset regulation.
Fed Puts Stablecoins in the Spotlight
The U.S. Federal Reserve has announced a high-profile conference on October 21 to explore the future of payments innovation, with stablecoins taking center stage.
The event will bring together regulators, financial institutions, and technology leaders to discuss how tokenization, decentralized finance, and artificial intelligence could reshape the global payments system.
Federal Reserve Governor Christopher J. Waller described the conference as part of the Fed’s commitment to balance innovation with stability:
“Innovation has been a constant in payments to meet the changing needs of consumers and businesses.”
Conference Agenda: Tokenization, AI, and DeFi
The Payments Innovation Conference will feature panels on:
Stablecoin business models and their role in global finance
The convergence of traditional banking and decentralized finance
Tokenization as a tool for transforming asset ownership and transfers
Artificial intelligence in the payments sector
The event will be livestreamed on the Fed’s website, with further details to be released closer to the date.
Stablecoins Gain Ground in Financial Markets
The conference comes amid rapid growth in stablecoins, which now exceed $230 billion in circulation globally. Tokens such as Tether’s USDT and Circle’s USDC have become essential to crypto markets and are increasingly viewed as bridges to traditional finance.
Policymakers are weighing whether stablecoins could improve efficiency in payments—or risk destabilizing banking systems if they begin to replace deposits or disrupt existing financial infrastructure.
Shifting U.S. Regulatory Landscape
The Fed’s move follows Congress’ passage of the first federal stablecoin legislation in July, giving banks clearer rules for issuing dollar-backed tokens. Vice Chair for Supervision Michelle Bowman has urged regulators to take a more hands-on approach, even suggesting that Fed staff hold small amounts of crypto to better understand blockchain technology.
Bowman warned that an “overly cautious mindset” could leave the U.S. banking system less relevant, while tokenization could offer efficiency gains in asset transfers.
Fed Pulls Back Specialized Crypto Oversight
The October conference also comes against the backdrop of the Fed scaling back its oversight of banks’ crypto activities.
In April, the Fed rescinded supervisory letters requiring banks to seek approval before engaging in stablecoin or crypto services.
In August, it ended its Novel Activities Supervision Program, which had closely monitored banks’ digital-asset ventures.
The Fed said the program had achieved its goal of better understanding risks, while critics had called it a barrier to innovation.
Lawmakers like Senator Cynthia Lummis hailed the rollback as a victory over what she and others called “Operation Chokepoint 2.0.” President Donald Trump has also criticized excessive oversight, framing it as part of a “debanking” agenda.
Legislative Push for Clarity
At the same time, lawmakers have advanced several bills during “Crypto Week” in July:
CLARITY Act – Distinguishes securities from commodities.
GENIUS Act – Provides federal oversight for stablecoin issuers.
Anti-CBDC Surveillance State Act – Blocks creation of a U.S. central bank digital currency.
Together, these moves reflect Washington’s pivot toward a more crypto-friendly policy environment.
Why This Matters
The Federal Reserve’s October conference signals a major step in placing stablecoins at the center of U.S. financial policy discussions. With Congress pushing forward legislation and the Fed scaling back restrictive oversight, the stage is set for a recalibration of how digital assets and traditional banking will coexist.
The outcome could shape not only the role of stablecoins but also the future of payments innovation in the U.S. and beyond.
@ Newshounds News™
Source: CryptoNews
~~~~~~~~~
Lagarde Warns EU Stablecoin Rules Could Leave Europe Exposed
ECB chief calls for stronger legislation and global coordination to address liquidity risks in the fast-growing stablecoin market.
ECB Flags Stablecoin Risks
European Central Bank (ECB) President Christine Lagarde has urged lawmakers to accelerate legislative action to address vulnerabilities tied to stablecoins.
Speaking at the European Systemic Risk Board (ESRB) conference on Sept. 3, Lagarde cautioned that while stablecoins represent innovation, they also bring back long-recognized risks in new forms.
“The categories of risk they create are not new. They are risks long familiar to supervisors and regulators,” she said.
Liquidity as the Immediate Concern
Lagarde stressed that liquidity mismatches pose the most pressing threat. Stablecoin issuers often promise instant redemption at par value, even while investing in assets that may not be liquid enough to withstand sudden redemption demands.
Such mismatches can trigger destabilizing runs.
She pointed to the 2007 Northern Rock collapse in the UK as a cautionary tale, where a withdrawal demand of just 5% of assets triggered failure.
By contrast, Tether managed redemptions of nearly 30% of its reserves in 2022 without collapsing, underscoring the varied resilience of issuers.
Weakness in MiCA Framework
Lagarde also flagged gaps in the EU’s Markets in Crypto-Assets (MiCA) regulation.
Under current “multi-issuance schemes,” an EU entity can issue fungible stablecoins jointly with a non-EU partner. However, MiCA requirements do not extend to the non-EU issuer.
This could mean:
EU issuers bear disproportionate redemption pressure.
Reserve adequacy may fall short during stress.
The structure mirrors earlier problems in cross-border banking, where regulators imposed liquidity standards like the net stable funding ratio to prevent mismatches.
Without equivalent safeguards for stablecoins, Europe could become the weak link in global redemption flows.
Call for Stronger Legislation and Global Standards
Lagarde called on lawmakers to close loopholes by tightening rules around cross-border stablecoin schemes.
“We must take concrete steps now. European legislation should ensure that such schemes cannot operate in the EU unless supported by robust equivalence regimes in other jurisdictions and safeguards relating to the transfer of assets between the EU and non-EU entities,” she said.
She also emphasized the need for international coordination, warning that without global standards, risks could migrate to jurisdictions with the weakest protections—undermining European financial safeguards.
Why This Matters
Stablecoins have grown into a $230+ billion market globally, making them a central pillar of the digital asset economy. Lagarde’s remarks highlight Europe’s concern that without stronger protections, the EU could face disproportionate financial risk while becoming a regulatory soft spot in global markets.
@ Newshounds News™
Source: CryptoSlate
~~~~~~~~~
Congress Prepares Market Structure Bill as Stablecoin and Tokenization Debates Intensify
Lawmakers return from recess with crypto regulation high on the agenda, building on the GENIUS and CLARITY Acts while the Fed prepares its October Payments Innovation Conference.
Congress Returns With Heavy Agenda
Crypto may be in its last quiet period before major regulatory activity begins in Washington. According to Ron Hammond, Head of Policy and Advocacy at Wintermute, this week could be the final lull before Congress moves forward with sweeping action on digital assets.
Lawmakers returned from recess in early September facing the threat of a government shutdown. Yet crypto remains near the top of the list. The Senate is preparing its own version of a market structure bill, aiming to define how digital assets are regulated in the U.S.
The House already passed the bipartisan CLARITY Act earlier this year, establishing clearer definitions between securities and commodities. The Senate, however, wants to draft its own approach. A first draft is expected by mid-to-late September, with committee review likely to follow in the fall.
Market Structure Bill: What to Expect
The House has worked on market structure proposals for nearly eight years, but the Senate only began serious hearings this year. Senators want greater ownership of the process, including revisiting definitions of ancillary assets and decentralization tests.
If momentum continues, a Senate vote could happen in late October or November, with the House potentially taking it up before year-end. That timeline means a bill could pass before Christmas—or be pushed into 2026.
TradFi vs. Crypto: The Tokenization Debate
Alongside market structure, tokenization of traditional assets is drawing sharper focus.
Wall Street firms like Citadel have voiced skepticism, citing risks tied to tokenized securities.
Firms such as Galaxy Digital, meanwhile, argue tokenization enhances efficiency and expands investor access.
The SEC is expected to release guidance on tokenized equities, further intensifying the debate in Washington.
Banks Push Back Against Stablecoins
Stablecoins are another flashpoint. The House’s GENIUS Act, passed in July, provided a framework for dollar-backed stablecoin issuance. But banks are lobbying to go further, particularly against interest-bearing stablecoins.
Banks fear these products could drain deposits from the financial system.
Earlier compromises limited stablecoin issuers, but banks now want tighter restrictions extending to affiliates, brokers, and dealers.
The crypto industry counters that stablecoins promote efficiency, transparency, and lower cross-border payment costs.
The Senate’s market structure draft is expected to revisit these issues, potentially expanding or refining GENIUS Act provisions.
Fed’s Role in the Debate
Congress is not acting in isolation. The Federal Reserve has scheduled a Payments Innovation Conference on October 21, where stablecoins will take center stage alongside tokenization and AI in payments.
The timing underscores how legislative and regulatory momentum are converging. As lawmakers debate new rules, the Fed is also exploring the risks and opportunities of stablecoin business models—signaling that digital asset oversight is becoming a coordinated priority across branches of government.
Global Context: Europe’s Stablecoin Alarm
The U.S. debate comes just as Europe raises its own red flags. Earlier this month, ECB President Christine Lagarde warned that gaps in the EU’s MiCA framework could leave Europe vulnerable to destabilizing redemption flows from cross-border stablecoin schemes.
Lagarde urged lawmakers to close loopholes that allow non-EU issuers to sidestep European liquidity standards.
She cautioned that without stronger safeguards, the EU could become the “weak link” in global financial stability.
Her call highlighted the urgent need for international coordination on stablecoin rules.
While the U.S. is moving toward a pro-innovation stance with the GENIUS Act, CLARITY Act, and pending Senate bill, Europe is focused on tightening safeguards to prevent systemic risks. Together, these parallel moves show how both Washington and Brussels are racing to shape the next phase of digital asset regulation—but with sharply different priorities.
Odds of Passage
Prediction markets currently place the odds of a U.S. market structure bill passing this year at around 40%. Hammond, however, believes the chances are stronger, citing bipartisan momentum and the recent passage of both the GENIUS Act and CLARITY Act as proof that crypto legislation is finally gaining traction.
“The right people are talking,” he said, suggesting the Senate and House could align before year-end.
Why This Matters
The next few months could be decisive for U.S. digital asset policy. With the CLARITY Act clarifying asset classifications, the GENIUS Act establishing stablecoin oversight, and the Fed’s October conference spotlighting payments innovation, the stage is set for a comprehensive framework to emerge.
Globally, as Lagarde’s warnings underscore, the U.S. and EU are taking different but complementary paths—America leaning into innovation, Europe focusing on risk prevention. Together, these efforts may determine how stablecoins and tokenized assets reshape the financial system worldwide.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
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“Tidbits From TNT” Thursday Morning 9-4-2025
TNT:
Tishwash: Economist: Iraq enjoys financial stability thanks to the Central Bank's reserves.
Economic advisor, Mazhar Mohammed Saleh, confirmed on Wednesday that financial stability in Iraq is solid, and no worrying indicators have yet emerged, despite the external challenges and geopolitical shocks facing the world.
Saleh told Al-Maalouma that "financial concerns are mainly due to the repercussions of external shocks such as trade wars and energy price fluctuations, but Iraq has proven its resilience thanks to the Central Bank's foreign currency reserves."
TNT:
Tishwash: Economist: Iraq enjoys financial stability thanks to the Central Bank's reserves.
Economic advisor, Mazhar Mohammed Saleh, confirmed on Wednesday that financial stability in Iraq is solid, and no worrying indicators have yet emerged, despite the external challenges and geopolitical shocks facing the world.
Saleh told Al-Maalouma that "financial concerns are mainly due to the repercussions of external shocks such as trade wars and energy price fluctuations, but Iraq has proven its resilience thanks to the Central Bank's foreign currency reserves."
He added that "monetary policy plays a pivotal role in stimulating the domestic financing market and supporting public liquidity, ensuring the implementation of government development programs and infrastructure projects, which is directly reflected in stimulating the labor market and enhancing economic activity."
He pointed out that "the strong coordination between fiscal and monetary policies dispels any fears of recession and even enhances the sustainability of economic stability, in light of low inflation and unemployment rates, high growth rates, and the launch of the social market strategy that balances protecting livelihoods and supporting investment and reconstruction." link
***************
Tishwash: Exciting figures: Iraq ranks high globally in its use of cryptocurrencies.
The Global Adoption Index for Cryptocurrencies revealed solutions Iraq It ranks relatively high, as it is among the top third of countries in the world that use cryptocurrencies.
The sixth edition of the Global Cryptocurrency Adoption Index reveals the extent of cryptocurrency adoption at the grassroots level. The index consists of four sub-indices and ranks 151 countries, with a final score ranging from 1 to 0. The closer a country's score is to 1, the higher its cryptocurrency adoption rate.
And he came Iraq It is ranked 44th globally out of 151 countries, which makes it among the top third globally in the use of cryptocurrencies, and achieved points of 0.05, outperforming Saudi Arabia And Oman, Kuwait, the Emirates, Qatar, and Bahrain, but Türkiye Yemen and Jordan outperformed Iraq.
Data indicate that the region Asia and the ocean The guide It was the fastest-growing region for cryptocurrency activity on the supply chain, with value received increasing by 69% year-on-year over the past 12 months, and total cryptocurrency transaction volume in the region rose Asia Pacific From US$1.4 trillion to US$2.36 trillion. link
************
Tishwash: Capital and global confidence: Iraq is on a journey to find global partners to build a diversified economy.
Economic and financial expert Rashid Al-Saadi stressed, on Wednesday (September 3, 2025), the importance of increasing foreign investment in Iraq during the next phase, emphasizing its vital role in promoting sustainable economic growth and diversifying sources of income away from reliance on oil.
Al-Saadi told Baghdad Today, "Attracting foreign capital is a fundamental pillar for revitalizing the productive and service sectors. It enables technology transfer and national capacity building, as well as enhancing the competitiveness of the local market."
He added, "Iraq possesses promising investment potential, including natural resources, a strategic geographic location, and a young workforce. However, improving the business environment, simplifying bureaucratic procedures, and enhancing transparency and the rule of law remain essential to attracting investors and achieving long-term partnerships."
Al-Saadi continued, "Increasing foreign investment is a vital step to support economic stability and create new job opportunities, particularly in the industrial, agricultural, renewable energy, and information technology sectors. This requires formulating incentive policies and flexible legislation that align with international standards and give global companies the confidence to enter the Iraqi market."
In recent years, Iraq has witnessed a growing effort to diversify its sources of income and reduce its dependence on oil, particularly following the economic challenges posed by fluctuating energy prices and the global financial crisis.
Although Iraq possesses strong investment potential, such as abundant natural resources, a strategic geographic location, and a young workforce, challenges related to the business environment, bureaucratic procedures, and lack of transparency remain barriers to foreign capital flows.
Accordingly, economists and experts emphasize the need to adopt stimulating legislative policies and ensure legal stability to encourage international companies to confidently enter the Iraqi market and establish long-term partnerships link
************
Tishwash: Baghdad, Erbil agree on ASYCUDA customs system and unified company ID
The Iraqi federal government and the Kurdistan Regional Government have agreed to implement the ASYCUDA customs system and adopt a unified economic number for companies, aiming to settle years of disputes that have slowed trade and investment.
The Kurdistan Region’s Ministry of Trade and Industry said the meeting brought together directors general of company registration, industrial development, customs, and quality control, along with representatives from the Interior Ministry and Sami al-Sudani, adviser to the federal prime minister.
Officials decided to enforce the 14-digit Unified Economic Number as a prerequisite for using ASYCUDA services. Companies in the Kurdistan Region will no longer need a separate tax ID, and will now be able to conduct import and export activities under the same conditions as firms in central and southern Iraq. link
*************
Mot: Just Saying !!! -- Eat Whatever -- Cause~~~
Mot: Played a New Game Today!! -- Tomorrow As Well!!!
Currencies Shifting, USD, IQD, VND, JPY, EUR, INR
Currencies Shifting, USD, IQD, VND, JPY, EUR, INR
Edu Matrix: 9-3-2025
The foreign exchange (forex) market is a dynamic beast, constantly shifting with global economic winds, political developments, and monetary policy changes. Keeping up can feel like a full-time job, but fortunately, experts like Sandy Ingram from Edu Matrix regularly provide clarity and strategic insights.
In a recent Edu Matrix video, Sandy Ingram offered an insightful overview of the forex market, specifically highlighting currency recommendations for September. If you’re looking to understand where the smart money might be moving, here’s a breakdown of her key observations:
Currencies Shifting, USD, IQD, VND, JPY, EUR, INR
Edu Matrix: 9-3-2025
The foreign exchange (forex) market is a dynamic beast, constantly shifting with global economic winds, political developments, and monetary policy changes. Keeping up can feel like a full-time job, but fortunately, experts like Sandy Ingram from Edu Matrix regularly provide clarity and strategic insights.
In a recent Edu Matrix video, Sandy Ingram offered an insightful overview of the forex market, specifically highlighting currency recommendations for September. If you’re looking to understand where the smart money might be moving, here’s a breakdown of her key observations:
Sandy Ingram kicked off her discussion by shining a spotlight on two lesser-known but increasingly promising currencies: the Iraqi Dinar (IQD) and the Vietnamese Dong (VND). These aren’t your typical major players, but both are gaining traction thanks to compelling economic stories:
Iraqi Dinar (IQD): Iraq is experiencing positive economic developments, fueled by growing foreign investments and significant infrastructure projects. While liquidity might still be a factor, the underlying economic improvements offer an optimistic long-term outlook.
Vietnamese Dong (VND): Vietnam continues to be an economic darling, with its expanding export sector and an increasingly vital role in global trade. This robust economic activity strengthens the case for the VND.
While these currencies might not have the same trading volume as their major counterparts, their improving economic fundamentals make them worth watching for those with a higher risk tolerance and longer investment horizon.
A major theme dominating the September outlook is the US Dollar’s recent weakening. This decline isn’t arbitrary; it’s largely driven by:
Expectations of Fed Rate Cuts: The market is increasingly anticipating that the Federal Reserve will cut interest rates soon, which typically devalues a currency.
Political Instability & Fed Independence Concerns: Broader political uncertainties and concerns regarding the Fed’s independence are also contributing to a softer dollar.
This decline in the dollar’s strength is a significant catalyst, allowing several other currencies to appreciate against it.
With the dollar easing, European currencies are standing tall:
British Pound (GBP): The British Pound stands out as one of the strongest performers. Supported by a stable UK economy, it shows potential to reach $1.38 to $1.40 against the US dollar.
Euro (EUR): The Euro is also gaining momentum, starting the month above $1.17 and possibly moving closer to $1.18 if upcoming US economic data proves disappointing.
The positive ripple effect of an easing US dollar and growing global trade is also benefiting several Asian and Oceanic currencies:
Chinese Yuan (CNY)
Australian Dollar (AUD)
Singapore Dollar (SGD)
South Korean Won (KRW)
Taiwan Dollar (TWD)
These currencies are strengthening, supported by an overall easing US dollar, robust global trade flows, and stable economic fundamentals within their respective regions.
However, not all currencies are thriving in this environment. Sandy Ingram pointed out that the Indian Rupee (INR) remains weak. This is attributed to factors like ongoing tariffs, reduced foreign investment, and persistent long-term economic challenges within India. It’s a reminder that even in a generally positive environment for many currencies, individual economic headwinds can dictate performance.
Overall, Sandy Ingram’s analysis from Edu Matrix powerfully underlines the dynamic and interconnected nature of currency markets. US monetary policies and political developments wield significant influence over global currency valuations, creating both challenges and opportunities across the board.
For a deeper dive into these analyses, including specific strategies and further details, make sure to watch the full video from Edu Matrix. It’s an invaluable resource for anyone looking to make informed decisions in the ever-evolving world of foreign exchange.
Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 9-3-25
Good Afternoon Dinar Recaps,
BRICS Members Refuse to Back Down in US Market Push
Despite aggressive Trump tariffs, BRICS nations are doubling down on U.S. market access while accelerating their de-dollarization strategy.
Tariffs Strengthen BRICS Unity
President Trump’s tariff escalation has targeted BRICS nations with unprecedented increases:
Good Afternoon Dinar Recaps,
BRICS Members Refuse to Back Down in US Market Push
Despite aggressive Trump tariffs, BRICS nations are doubling down on U.S. market access while accelerating their de-dollarization strategy.
Tariffs Strengthen BRICS Unity
President Trump’s tariff escalation has targeted BRICS nations with unprecedented increases:
India: tariffs doubled to 50%, largely due to continued Russian oil imports.
Brazil: tariffs raised to 50%.
China: sweeping tariffs of up to 145% on imports.
Rather than dividing the bloc, these moves are strengthening BRICS coordination. Russian President Vladimir Putin and Brazilian President Luiz Inácio Lula da Silva have been aligning strategies with Indian Prime Minister Narendra Modi. Modi’s recent trip to China for the SCO summit — his first in seven years — signals a renewed effort at BRICS cohesion in response to tariff pressure.
Chinese officials have been blunt:
“Using tariffs as a weapon to suppress other countries violates the UN Charter, undermines WTO rules, and is both unpopular and unsustainable,” said Foreign Minister Wang Yi.
Ambassador to India Xu Feihong added: “Give the bully an inch, he will take a mile.”
An Expanding Economic Powerhouse
BRICS has grown into an economic and geopolitical force:
Territory: 39.75 million sq km vs. the G7’s 20.05 million.
Population: 3.3 billion people.
Economy: 28.9% of global GDP, rising to 42.5% measured by purchasing power parity (PPP).
Defense: $567 billion in spending compared to NATO’s $1.47 trillion.
The expanded BRICS-Plus now includes Egypt, Ethiopia, Indonesia, Iran, and the UAE, with over 40 additional countries expressing interest — including NATO member Turkey. This growing appeal underscores demand for alternatives to Western-dominated market structures.
De-dollarization Gains Momentum
At the same time, BRICS is accelerating its de-dollarization mission:
Roughly 20% of oil trading among members now takes place in non-dollar currencies.
India and China are paying for Russian oil through alternative systems, including Rupee-Vostro accounts.
Saudi Arabia is considering yuan-denominated oil contracts.
Indian companies have already settled coal purchases in yuan without intermediaries.
Prime Minister Modi stated at the Kazan summit:
“Economic cooperation could be strengthened through local currencies rather than relying on the dollar.”
Central banks across BRICS continue to reduce dollar reserves, driving the U.S. dollar’s global share to its lowest level in two decades. While the question of a unified BRICS currency remains unresolved, bilateral settlement mechanisms are already weakening dollar dominance.
Why This Matters
The Trump administration’s tariffs were intended to curb BRICS trade leverage, yet they have reinforced the bloc’s unity and economic determination. By pressing forward with de-dollarization while maintaining U.S. market access, BRICS is signaling that the dollar-led system is no longer unquestioned.
Key Takeaway
BRICS is not retreating under pressure — it is leveraging tariffs to consolidate strength, expand partnerships, and accelerate de-dollarization. Even without a single BRICS currency, the bloc is reshaping global trade and finance through alternative systems that bypass the U.S. dollar.
@ Newshounds News™
Source: Watcher Guru
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