Goldilocks' Comments and Global Economic News Thursday Evening 11-16-23

Good Evening Dinar Recaps,

"FDIC Chairman Martin Gruenberg said today that proposed interagency rulemaking to implement incentive pay requirements in the Dodd-Frank Act likely won’t happen before the end of the year."

The Dodd-Frank Act protects retail investors in foreign currency exchanges. Section 956 restricts those making exchanges with retail investors' money from creating excessive risks on the money you place inside a bank. This new rule has been pushed up to early next year for implementation.

© Goldilocks 
BankingJournal Link
SEC Link
Thomson Reuters Link

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Iraqi Prime Minister, Mohammed Shia al-Sudani, led a meeting on Tuesday to monitor the progress of banking reforms.   Iraq Business News Link

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Iraq has become the latest member of the European Bank for Reconstruction and Development (EBRD).

The bank recently approved amendments to its statutes to enable the limited and incremental expansion of its operations to Iraq.   Iraq Business News Link

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Continuing Jobless Claims continue to rise..Ira’s Morning Flash Video for 11 16 2023

https://youtu.be/eFGGYbLJyCo?feature=shared

 👆 Goldilocks pointed to this video

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Introducing the LC Labs Artificial Intelligence Planning Framework | The Signal
https://blogs.loc.gov/thesignal/2023/11/introducing-the-lc-labs-artificial-intelligence-planning-framework/

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Proof of Concept Under MAS’ ‘Project Guardian’ Explores Using DeFi Tools To Efficiently Administer Alternative Assets

Amid the ongoing crypto rally, major financial institutions continue to explore how blockchain technology can make their operations more efficient.

JP Morgan's Onyx digital assets unit and $500B asset manager Apollo Global have joined forces with the Monetary Authority of Singapore for a proof-of-concept demonstrating how tokenization can streamline and automate portfolio management. The PoC aims to address the historical challenges of trading and administering alternative assets, often seen as operationally intensive and cumbersome to manage within traditional portfolios.

“By leveraging the power of blockchain technology, we have shown how the construction and management of discretionary portfolios could be revolutionized,” said Tyrone Lobban, Head of Onyx Digital Assets, which currently processes billions of dollars in trades on a daily basis. TheDefiant Link

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IQM Partners with NVIDIA for Hybrid Quantum Applications
https://analyticsindiamag.com/iqm-partners-with-nvidia-for-hybrid-quantum-applications/

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Iraqi PM Orders Reform of Banking Sector 

 Where do we currently stand?

Iraq is still working on their banking reforms.

Presently, they are expanding their banking capacities into Europe on a limited basis.

And, we already know that they are going to work with India on going International in trade utilizing only the Iraqi dinar at the first of the year.

© Goldilocks
Iraq Business News Link 1
Iraq Business News Link 2

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🚨STELLAR XLM🚨100 PROJECTS COMING, THIS IS HUGE🚨XRP & XLM, YOU WON'T BELIEVE THIS

https://youtu.be/Zuykcg1c_3A?feature=shared

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Top 10 Artificial Intelligence (AI) Cryptocurrencies – Forbes Advisor UK  Forbes Link

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ALERT! Here We Go!! Silver Breaks ABOVE Moving Averages & Eyes $30..Then $50..Then...$??! (Bix Weir)   https://www.youtube.com/watch?v=Txj18xCRWIc

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Is the Goldilocks Forecast Too Good to be True? With Cem Karsan

https://www.youtube.com/live/oIyULC1UHBw?feature=shared 

 👆 Goldilocks pointed to this video

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💥MY TOP 5 ISO CRYPTO PICKS AND WHY💥XRP XDC XLM & MORE💥ONLY A FEW DAYS LEFT TO ISO 20022

https://youtu.be/A6habMd8oHQ?feature=shared

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BRICS: Iraq to Ditch US Dollar for Imported Goods

https://watcher.guru/news/brics-iraq-ditch-us-dollar-imported-goods-use-local-currency

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👆Import only. Export and import of only the dinar begins January 1st 2024. It is their export use of their dinar that will make them International using their dinar only.
This is not new news. We already knew they were only using the Iraqi dinar in country for over a month now.

@Goldilocks

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A Global Perspective on Digital Asset Innovation ft. Tajinder Singh, Deputy Secretary General-IOSCO

https://youtu.be/M1UkV59S8yo?feature=shared

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De-dollarization Has Already Started, Says Russia’s Foreign Minister Lavrov – Bitcoin News
Bitcoin Link

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Stellar Protocol 20 Upgrade Unleashes the Power of Soroban CryptoNewsFlash Link

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Moscow and Caracas are making progress towards de-dollarization and hope to switch to national currencies in trade soon, Venezuelan Foreign Minister Yvan Gil Pinto announced on Thursday.

https://www.rt.com/business/587408-russia-venezuela-confirm-dedollarization-plans/

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