Ross: Iraq’s Oil is the Dinar’s Revaluation

Ross: Iraq’s Oil is the Dinar’s Revaluation

8-11-2026

Iraq running on a 51 year old oil & gas law is actually crazy and so is IQD being worth $.00076.

It is a no-brainer for Iraq to finally pass the HCL and increase the purchasing power of the dinar.

Inevitable if Iraq is to ever prosper.

Kurdistan 24 English:"WE NEED A MODERN OIL & GAS LAW": Prime Minister Masrour Barzani Highlights outdated 1975 Legislation In an exclusive interview with Al Jazeera, Kurdistan Region Prime Minister Masrour Barzani emphasized the urgent need for Iraq to enact a comprehensive federal Hydrocarbon Law, revealing that current energy sector regulations in Iraq still rely on legislation dating back to 1975.

Japan’s XRP depth + Iraq’s live digitization pressure creates a logical area of overlap that goes beyond traditional oil-and-construction diplomacy.

Japan sits at the institutional end of XRP and regulated stablecoin rails.

Iraq is simultaneously forced by liquidity stress to modernize payments and reduce reliance on physical IQD cash circulation.

A serious Japanese commercial presence that includes fintech, payments infrastructure, or digital identity/onboarding know-how would be additive to the digitization track already underway at the CBI.

The liquidity crises on both sides make the timing less coincidental than it might appear.

The market still prices Iraq as a high-risk single-outlet producer.

Every credible step that changes that perception — especially ones that bring Western capital and alternative Mediterranean access — moves the dial on what a sustainable dinar rate can look like once the political and legal scaffolding is finished.

Iraqi News:Iraq's Ministry of Oil unveiled plans Monday for a major new pipeline network with two export routes toward Faysh Khabur and the Syrian port of Baniyas, aiming to diversify crude exports beyond the southern Gulf terminals.

For the first time, the Iraqi government has begun preparing a program- and performance-based budget.

This is explicitly framed as a roadmap for Iraq’s economic future that links government spending directly to measurable goals and outcomes, rather than the traditional opaque line-item budgeting that has long enabled waste and leakage.

Key points from the statements:

• The shift is designed to improve the efficiency of public funds and create accountability.

• Electricity sector gets “exceptional attention.”

• No red lines on pursuing corruption cases.

• Broader state-building strategy: build a new economic Iraq, corruption-free government institutions, and constitutional security institutions.

• Major global companies are showing strong interest in investing; international financial institutions are ready to support the economy.

• Goal is to create a suitable environment for investment and revitalize economic sectors.

Performance-based budgeting is exactly what the IMF, World Bank, and serious FDI players look for.

External catalysts (HCL progress, banking sector overhaul, regional deals, oil policy) matter enormously, but internal fiscal credibility is what keeps IQD from immediately unraveling after any rate change and what attracts the long-term capital that actually supports a higher rate.

Zoom News: Iraqi PM Ali al-Zaidi hosted the Parliamentary Finance Committee, alongside the finance minister and central bank governor on Monday, to discuss fiscal and economic policies, saying the government has, for the first time, begun preparing a program- and performance-based budget serving as a roadmap for Iraq’s economic future by linking government spending to goals and outcomes - statement Al-Zaidi also says the government is working on a state-building strategy focused on building a new economic Iraq, corruption-free government institutions and constitutional security institutions, while major global companies are showing strong interest in investing in Iraq and international financial institutions are ready to support its economy.

Read full post here:  https://dinarchronicles.com/2026/08/11/ross-iraqs-oil-is-the-dinars-revaluation/

What The Digital Dinar Means For Dinar Investors

What The Digital Dinar Means For Dinar Investors

The Dinar Den: 8-10-2026

For years, the Iraqi dinar (IQD) has been a subject of intense interest and speculation among global currency investors. While online forums are often filled with sensational claims of overnight riches and imminent currency revaluations, seasoned investors take a more analytical approach.

In a recent video from the popular YouTube channel The Dinar Den, Stephen—an entrepreneur and long-time Iraqi dinar investor—provides a grounded, realistic perspective on the current state of Iraq’s economy. Instead of focusing on unverified rumors, Stephen highlights a far more critical development: Iraq’s rapid transition toward a digitized financial infrastructure.

For anyone tracking the progress of the Iraqi dinar, understanding this digital evolution is essential. Here is a comprehensive breakdown of Stephen’s insights, the current realities of the Iraqi exchange rate, and why modernization is the true catalyst for Iraq’s economic future.

To understand where the Iraqi dinar is going, investors must first acknowledge where it currently stands. Stephen begins his analysis by addressing the persistent rumors circulating within the investor community. He clarifies that, despite various online claims of secret rate changes or premature currency exchanges, the official exchange rate set by the Central Bank of Iraq (CBI) remains firmly at 1,310 Iraqi dinars per US dollar.

To illustrate the dangers of falling for unchecked hype, Stephen shares a cautionary tale about the risks of following unreliable “gurus” in the dinar community. Many of these sources routinely predict exact dates and rates for a revaluation (RV), leading to cycles of hope and disappointment for unsuspecting investors. Stephen emphasizes that relying on speculative claims rather than verifiable economic data can lead to poor financial decisions.

 In reality, currency adjustments are not dictated by forum rumors; they are the result of deliberate, structural economic reforms.

Rather than waiting for an overnight miracle, Stephen urges investors to look at the tangible progress happening on the ground in Baghdad. Chief among these developments is Iraq’s accelerating shift toward a digital currency system. For decades, Iraq has operated primarily as a cash-based society, with vast sums of currency held outside the formal banking system.

Stephen argues that establishing a robust digital financial infrastructure is a crucial prerequisite for any future currency adjustment or revaluation. A modern, digital economy provides the stability and transparency that international markets require before they can fully trust a national currency. By transitioning away from physical cash, Iraq is laying the groundwork for a more resilient and globally integrated economy.

This digital push does not exist in a vacuum. It is deeply interconnected with Iraq’s broader banking reforms and highly anticipated legislative changes, such as the national Hydrocarbon Law. The Hydrocarbon Law aims to establish a transparent framework for distributing the country’s vast oil revenues among its provinces.

For this revenue-sharing model to work efficiently and without corruption, a modern banking infrastructure is vital. The ongoing reforms within Iraqi commercial banks—such as adopting international accounting standards and partnering with global financial institutions—are designed to support this transition. Together, these legislative and technological advancements represent the true pillars of Iraq’s economic revival.

Ultimately, Stephen’s message is one of patience, education, and realism. He advises Iraqi dinar investors to look past the sensationalized headlines and instead focus on the tangible, verifiable milestones of Iraq’s financial modernization.

The transition to a digital economy, the restructuring of the banking sector, and the implementation of key economic legislation are the true indicators of progress.

https://www.youtube.com/watch?v=Irqtvr6OUrs

News, Rumors and Opinions Tuesday 8-11-2026

‍Ariel:  This Timeline Now Makes Perfect Sense

8-11-2026

People keep this in mind. Under Article 70 of the Iraqi Constitution, major financial reforms specifically altering the exchange rate require a seated government and parliamentary consensus.

The factional disputes between Shia blocs and Kurdish parties over cabinet positions weren’t just drama; they were a legal blockade.

The Sept 30 Convergence

This Timeline Now Makes Perfect Sense:

• August 17: EOs 14405/14406 force U.S. digital asset compliance

• September 15: Clarity Act vote (or Executive mandate enforcement)

• September 30: U.S. fiscal year end + troop withdrawal deadline + Iraqi government fully operational

Without a fully seated government, any RV attempt would face immediate constitutional challenge and potential reversal. Now this seems to be something that is about to be resolved quickly.

Do you all see where this is headed?

AnnMarieF:The Prime Minister announces the imminent completion of the government's formation. Sudani and Maliki present today.

Source(s):
• https://x.com/Prolotario1/status/2086953705174126621

https://dinarchronicles.com/2026/08/11/prolotario-this-timeline-now-makes-perfect-sense/

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

Jeff   The two currencies will coexist together, large notes and small notes for a period of time...Deleting three zeros is the phasing out of larger notes.  You got to phase out the larger 3-zero notes because Iraq has perfect inflation right now, 3%.  That allows them to phase out and remove the large 3-zero notes and bring smaller notes in to simplify everything. 

Militia Man[The CBI and GOI] are prepping people, putting a seed in their head that change is coming.  They're opening up the conversation about the digital dinar.  They're opening up the conversation about delete the zeros.  They've been doing this for this past week.  When we put all this together without exaggeration the picture to me is clear.  There is a real cash pressure inside the government enough for the finance minister to take the lead...Talk of removing of the zeros and issuing new notes is happening in official newspapers after years of waiting.  Careful explanations are helping manage what people expect...

Reset Intelligence  On Sunday, Iraq's Finance Minister sat down with the Central Bank Governor...The same day...state television kept repeating that the government is weighing removing the three zeros from the currency...The signals are converging. Apple, Google and Meta are being licensed into Iraq's payment system...A note swap changes the paper.  A revaluation changes what the paper is worth.  Baghdad has activated neither, but a government does not repeat the quiet option on television day after day by accident.  This is conditioning, a population being prepared for money that moves differently and carries a different  number, while Washington builds the rails that money would travel. The signals are louder than ever.

Gold & Silver Breakout! Endgame Is Near | David Morgan

Liberty and Finance: 8-10-2026

David Morgan warns that the global financial system may be closer to a major breaking point than ever before. He argues that silver prices have been manipulated in the short term, pointing to spoofing, options expiration, and extreme leverage as evidence of market distortion.

 Morgan also challenges claims that COMEX silver is being drained, while warning that the freely available physical silver supply may be far tighter than headline inventory numbers suggest.

 He says the unwinding of the yen carry trade could have devastating consequences for international debt and credit markets.

Morgan says he now believes “we’re near the end game” and urges investors to focus on protecting purchasing power.

INTERVIEW TIMELINE:

0:00 Intro

1:00 Gold & silver breakout

5:00 Is the COMEX being drained?

11:45 Gold & silver manipulation

16:30 What's happening on the exchanges?

20:50 Wealth preservations

23:50 Silver: Critical Mineral

28:30 Shanghai Gold Exchange

30:10 Yen intervention

https://www.youtube.com/watch?v=2x8DppOdMtY

Rob Cunningham: What if Humanity was Given a Genuine Choice?

Rob Cunningham: What if Humanity was Given a Genuine Choice?

8-10-2026

What if humanity were finally given a genuine choice?

Not Left vs Right
Not capitalism vs socialism
Not one central bank against another
Something far more fundamental

How should humanity account for value itself?

Would you prefer a monetary infrastructure in which transactions can be independently verified rather than merely reported?

Where the ledger is public?

Where the rules are inspectable?

Where reconciliation occurs 24/7/365?

Where no single corporation, government, bank or individual possesses unilateral authority over the shared ledger?

Where mathematics, cryptography and distributed consensus make altering the accounting extraordinarily difficult if not impossible?

Where different nations can retain their own currencies… different people can retain their property, different institutions can retain their autonomy, and open protocols simply allow value to move between them?

If such infrastructure can be built, tested and scaled, shouldn’t humanity at least ask:

Why would we choose anything less?

And then comes the uncomfortable second question

For generations, enormous influence over money, liquidity, credit and international finance has accumulated around institutions such as the Federal Reserve System, IMF, BIS, central banks and a constellation of governmental, political, intelligence, banking and nongovernmental institutions

Whatever one believes about their historical necessity, let’s ask ourselves:

1 – What happens to centralized institutional power when superior transparency becomes technologically possible?

2 – What happens when ordinary people can inspect the ledger?

3 – What happens when settlement becomes continuously auditable?

4 – What happens when assets can move across borders and networks through open protocols?

5 – What happens when interoperability reduces dependence upon privileged intermediaries?

6 – What happens when cryptographic verification begins replacing institutional assurances of:

“Trust us. The books are right.”

And perhaps the most revealing question of all:

7 – Who should fear such a system?

The farmer?
The worker?
The saver?
The entrepreneur?
The pensioner?
The merchant?
The honest banker?
The honest government?
The honest corporation?

8 – Why would any honest steward of humanity’s wealth fear greater transparency, greater accountability and greater verifiability?

9 – Wouldn’t an honest institution welcome technologies capable of proving its honesty?

So turn the question around

10 – If an institution fiercely resisted a transition toward genuinely open, independently verifiable financial infrastructure… what exactly would it be protecting?

Its customers?
Financial stability?
National sovereignty?
Legitimate confidentiality?

These are serious possibilities and deserve serious consideration

11 – But could it also be protecting something else?

Information asymmetry?
Intermediary rents?
Preferential access?
Institutional opacity?

Or simply the extraordinary power that accompanies being one of the few entities permitted to see – and influence – the machinery behind the curtain?

Now ask the question at civilization scale:

Should humanity serve its monetary system?

Or should the monetary system serve humanity?

Should honest weights and measures depend upon the character of whoever controls the scale?

Or should we engineer the scale so that everyone can verify the weight?

That may be the defining monetary question of our generation

Not:
“Which institution should we trust?”

But:
“How much trust should technology still require us to surrender to any institution?”

Knowledge asks the question.

Understanding examines the architecture

Wisdom follows the incentives.

Life remembers who the system was supposed to serve.

If open, decentralized, interoperable & independently verifiable infrastructure can deliver a more accountable system of value.

Maybe the losing institutions will teach us something about the system we’re leaving behind.

Source(s):
• https://x.com/KuwlShow/status/2086578043901071641

https://dinarchronicles.com/2026/08/10/rob-cunningham-what-if-humanity-was-given-a-genuine-choice/

Coffee with MarkZ, joined by Bob Lock. 08/10/2026

Coffee with MarkZ, joined by Bob Lock. 08/10/2026

MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions

MZ:  Iraq's cabinet, Iran, and Bob Lock joins us to take your questions on Trusts.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

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THANK YOU FOR JOINING.  HAVE A BLESSED DAY.  SEE YOU IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!   FOR UPDATES ON MARK’S PODCAST GO TO: https://t.me/+b3hYhYlhKM1hYzcx

Youtube:   https://www.youtube.com/watch?v=arE83AtC2Es

News, Rumors and Opinions Monday 8-10-2026

Ross: All of this is Necessary Before the Revaluation of IQD

8-10-2026

Al-Zaidi is using the provincial coordination body to push land reform, electricity restructuring, fiscal caution, and service delivery while the regional environment is putting pressure on the budget.

All of this is necessary before the revaluation of IQD:

1. Executive procedures for the 1 million residential land plots project start 1 September 2026.

This is real volume. Land reform + mass housing release = construction stimulus, local economic activity, and a tangible delivery item the government can point to.

2. New committee (chaired by the Head of Advisors) tasked with amending the technical model for privatizing electricity distribution.

Chronic electricity losses, collection failures, and political interference have been a drag for years.

3. Private generators crackdown (Baghdad focus)

Oil Ministry can no longer issue fuel quotas for private generators without going through Baghdad Governorate.

This hits the parallel/fuel-diversion economy that has been a long-standing leakage and corruption vector.

4. Agriculture – Diwaniyah rice (shaleb) support

Increased water releases from Abbasiya and Kufa barrages, adjusted Ya’u regulator, 8 hours of dedicated power for pumps on the river axis, no exceptions from the irrigation rotation, and excavators for cleaning. Practical food-security / rural support move.

Al-Zaidi continues to operate as an active executive rather than a caretaker.

The meeting had real ministers and real governors in the room — producing dated action items trying to look competent on housing, power, agriculture, and money discipline while regional conditions are tight.

Source(s):
• https://x.com/Ross_ptm/status/2086508226863136992

https://dinarchronicles.com/2026/08/10/ross-all-of-this-is-necessary-before-the-revaluation-of-iqd/

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

Stephen  Sometimes people look at everything happening inside of Iraq through the lens of a revaluation tomorrow.  That's not the case.  However, we're seeing economic reform, monetary reform, banking restructuring, financial restructuring.  We are seeing so many exciting things that are all culminating and coming together, fingers crossed, for that glorious day where we can all exchange our Iraqi dinar into US dollars...In my last 15 years since I have been invested in the Iraqi dinar I have not seen this much movement happening.  If you have been in this investment a long time you will agree with me.  We have never seen Iraq move this quickly.  A huge piece of this is the amount of corruption being cleaned up.

Jeff  The money sent from the United States to Iraq this week was dollars.  We don't pay Iraq's salaries.  They don't pay their own salaries in dollars.  The $500 million is their oil money from the United States to Iraq.  It's to purchase imports and travelers leaving the country can turn in dinar and get dollars to exit the country. The $500 million was not for salaries.  Salaries are not paid in dollars. 

Bruce   [via WiserNow]  ...redemption centers might be connected right to a bank, or it could be a completely separate building or location that's not connected to a bank, but everyone in the United States is overseen by Wells Fargo, and they will have a representative there. You'll have a Treasury representative there, and you'll have people that will be there to count and verify your currencies with a De La Rue machine, and then banks have sometimes another brand of machine that they'll be using... and they're getting new machines and training bank personnel on how to do these exchanges.  

IQD Update on Exchange Rate Including HTG ARS VES

Edu Matrix:  8=9=2-26

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

Ross: News Coming out of Iraq Right Now is Non-stop

Ross: News Coming out of Iraq Right Now is Non-stop

8-9-2026

Funny how the crypto bros are mourning right now meanwhile the IQD & XRP conspiracy theorists are at the edge of their seats.

The news coming out of Iraq right now is a non-stop INSANE barrage of BANGERS.

Can’t help but stay giddy.

MP Saad al-Awadi is calling for urgent joint sessions between the government, CBI, and parliament to build the legal and technical framework for a digital dinar:

• Central Bank issues a digital Iraqi dinar.

• Salaries and pensions get deposited as encrypted digital currency into wallets.

• People spend it electronically immediately — no more waiting for physical cash at banks or distribution points.

• Force service and commercial sectors to accept digital payments.

• Cut the massive costs of printing, transporting, and securing paper notes.

• Avoid more domestic borrowing to cover the same recurring problem.

Parliament is openly floating a sovereign digital dinar solution while salaries are delayed and cash is being hoarded.

That is not the behavior of a system that plans to stay stuck in the old parallel-market mess forever.

The rails are being discussed and prepared.

The pressure is real. The direction is clear.

Source(s):
• https://x.com/Ross_ptm/status/2085975512363786738

https://dinarchronicles.com/2026/08/08/ross-news-coming-out-of-iraq-right-now-is-non-stop/

THE GLOBAL CURRENCY RESET: Things That Must Happen FIRST

THE GLOBAL CURRENCY RESET: Things That Must Happen FIRST

Liberty Crusade Official:  8-8-2026

The modern financial landscape is undergoing a profound transformation. From persistent inflation and record-breaking national debt to shifting geopolitical alliances and technological disruptions, the global economy appears to be at a critical turning point.

In a featured commentary from Liberty Crusade Official, analyst Larry Ballard offers an expansive breakdown of these interconnected macroeconomic trends, proposing that seemingly isolated financial challenges are actually part of a synchronized global currency reset designed to reshape the international monetary framework.

A central theme of Ballard’s analysis is that today’s major economic issues cannot be evaluated in a vacuum. Interest rates, sovereign debt levels, currency valuation fluctuations, and precious metal prices are all deeply intertwined components of a broader system.

For decades, the global monetary architecture has relied heavily on fiat currencies—money not backed by physical commodities—which has driven unprecedented levels of public and private debt.

Ballard argues that this reliance on expanding debt is fundamentally unsustainable. As major central banks struggle to manage interest rates without triggering broader economic disruptions, the limitations of the current fiat system become increasingly obvious.

Understanding these dynamics requires looking beyond daily market fluctuations and viewing the global financial system as a complex, highly managed macro-environment undergoing a necessary structural realignment.

As faith in paper currencies faces challenges, tangible assets have returned to the forefront of financial discussion. While gold has traditionally served as the primary safe-haven asset for nations and central banks, Ballard places a unique emphasis on the strategic value of silver.

Beyond its historic role as money, silver is a vital industrial component in modern electronics, medical devices, and manufacturing. The analysis suggests that establishing robust national reserves of precious metals like silver could play a pivotal role in backing future monetary models.

By reintroducing real, tangible value into the reserve system, economies can build a stronger defense against currency devaluation and hyperinflationary pressures.

The shift away from legacy banking mechanics is not merely about returning to historical assets; it also involves adopting advanced technology. The presentation highlights the critical role of next-generation financial infrastructure, specifically referencing digital asset technology and the XRP ledger.

As international commerce demands faster, lower-cost, and more secure cross-border settlement mechanisms, legacy systems like SWIFT are facing pressure to modernize.

Decentralized and enterprise-grade blockchain solutions offer a potential framework for a frictionless global ledger. In this emerging paradigm, digital assets facilitate instant liquidity and asset transfer, serving as the technological backbone for a restructured international financial system.

Ballard’s commentary extends into the realm of trade policy and industrial strategy, pointing toward Donald Trump’s economic policies as a framework designed to navigate these systemic shifts. Key to this strategy is the revitalisation of national manufacturing through targeted tariffs and trade rebalances. By encouraging domestic production and reducing reliance on fragile global supply chains, nations can establish greater economic self-reliance.

Additionally, the presentation offers a critical view of current “green energy” initiatives, arguing that rapid mandates often overlook industrial realities and energy grid stability. True economic sustainability, according to the analysis, requires affordable, reliable energy access to power advanced manufacturing and sustain long-term prosperity. Re-evaluating these initiatives is presented as a necessary step toward eliminating systemic inefficiencies and preventing economic stagnation.

Ultimately, the analysis framed by Larry Ballard presents a strategic blueprint aimed at avoiding systemic economic collapse. By addressing national debt, transitioning toward asset-backed monetary stability, leveraging efficient blockchain technology, and prioritizing domestic production, nations can move away from debt-driven models toward sustainable growth.

While the transition to a reset financial framework involves navigating significant volatility, it also opens the door for historic economic restructuring and long-term stability.

https://www.youtube.com/watch?v=pg_IfWi88Ws

News, Rumors and Opinions Sunday 8-9-2026

KTFA:

Clare:  Apple Pay Coming Soon to Iraq as Digital Payments Expand

Credit Bank of Iraq says Apple Pay will soon be available in Iraq, adding an international digital-payment option as the country modernizes its banking sector.

ERBIL

- Apple Pay will soon be available in Iraq, Credit Bank of Iraq announced Friday via its website, opening the prospect of contactless payments through compatible Apple devices as the country's financial sector moves toward wider use of digital banking services.

The announcement means customers will be able to register eligible NBK cards on Apple devices and use them for electronic purchases where Apple Pay is supported. Credit Bank of Iraq, an Iraqi subsidiary of National Bank of Kuwait (NBK), operates branches in Baghdad, Basra and Erbil.

NBK already offers Apple Pay in markets including Kuwait and Bahrain.

The bank did not provide a specific launch date or details on participating cards, merchants, fees or transaction limits, so the announcement should not be understood as confirmation that Apple Pay is already operational nationwide.

Apple Pay Comes to Iraq

For Iraqi consumers, the planned introduction would bring an internationally established digital-payment platform into the country's increasingly evolving electronic payments environment.

The development also places Credit Bank of Iraq, which is majority-owned by NBK, at the center of a shift toward payment services that rely less on physical cash and more on digital transactions.

The announcement itself, however, does not establish a direct connection between Apple Pay and the broader U.S.-backed banking reform process.

Instead, the two developments illustrate different aspects of Iraq's financial modernization: the expansion of digital services for consumers and efforts to strengthen the regulatory and institutional foundations of the banking system.

Banking Reform Underway

The broader banking sector is undergoing a lengthy reform process led by the Central Bank of Iraq, with compliance, governance and transparency becoming increasingly important to international financial relationships.

The U.S. Treasury's Office of Terrorism and Financial Intelligence said in July that Iraqi banks could become eligible for reintegration into non-U.S.-dollar correspondent banking channels after completing the first phase of the Central Bank's reform program and meeting required compliance and governance standards.

Treasury said banks seeking eventual access to U.S.-dollar transactions would face additional requirements, including a satisfactory third-party compliance audit, a qualified institutional investor and international "fit and proper" standards.

The reforms are intended to improve the integrity and international connectivity of Iraq's banking sector, according to Treasury. They also reflect concerns that have prompted U.S. action against individual Iraqi banks and financial executives.

Why Some Iraqi Banks Faced U.S. Restrictions

The U.S. measures have targeted specific institutions and individuals that Washington says were involved in money laundering, sanctions evasion or financing Iran-aligned armed groups, rather than imposing a blanket restriction on Iraq's banking sector.

In January 2024, the U.S. Treasury identified Al-Huda Bank as a "primary money laundering concern," alleging that the institution had been used by Iran and its proxy groups to move funds and support terrorist organizations. Treasury said the bank's activities could divert resources away from legitimate Iraqi commerce and undermine the country's financial system.

Treasury has also accused Iraqi banking executives of using their positions to generate revenue and launder money for Iran's Islamic Revolutionary Guard Corps-Quds Force and Iran-aligned Iraqi militias, including Kata'ib Hizballah and Asa'ib Ahl al-Haq.

In 2025, Treasury said those individuals had exploited several Iraqi commercial banks for such purposes.

The concerns have a longer history. In an earlier case, Treasury said Al-Bilad Islamic Bank had been used to facilitate the movement of funds from Iran's Quds Force to Hezbollah, resulting in U.S. sanctions against the bank and its chairman.

Reuters has likewise reported that U.S. and Iraqi authorities have restricted a number of Iraqi banks from conducting U.S.-dollar transactions amid efforts to combat money laundering, dollar smuggling and sanctions evasion, while those institutions remain able to operate in other currencies.

US-Iraq Financial Cooperation

Against that backdrop, Washington has increasingly linked access to international financial channels with stronger banking controls.

The Treasury said in July that its cooperation with Baghdad is aimed at improving transparency and integrity while combating money laundering and illicit finance.

It also said that banks authorized to conduct international-currency transactions would have an opportunity to establish correspondent relationships with international financial institutions after meeting the required standards.

Treasury Secretary Scott Bessent made the broader relationship explicit during his July 16 meeting with Iraqi Prime Minister Ali Al-Zaidi, reaffirming U.S. cooperation with Baghdad and the Central Bank of Iraq to combat illicit finance and strengthen the country's financial sector.

The planned arrival of Apple Pay is separate from those regulatory measures, but it comes at a time when Iraq's banking system is seeking greater integration with modern digital and international financial infrastructure.

For consumers, the immediate significance is straightforward: a major global digital-payment service is preparing to enter the Iraqi market.

For the banking sector, the announcement comes amid a broader effort to build institutions capable of supporting more secure, transparent and internationally connected financial services. LINK

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

Bruce   [via WiserNow]  One of our contacts, one of our sources, came out and said Saturday, Sunday, and added Monday as a possibility.  I really wanted want you guys to get the feeling that we are close, that we could be there this weekend...Saturday, Sunday...Monday has been added as a possibility, and it could be we get notified over the weekend. 

Stephen If Iraq ever moved to a stronger exchange rate, which all the signs are pointing to, the average Iraqi citizens would likely benefit through greater purchasing power, lower cost of imported goods, more stable currency.  That doesn't mean all citizens in Iraq becomes millionaires overnight. Foreign investors by contrast would experience a large capital gain because they acquired the currency before the appreciation of that currency.  That's what it comes down to.

Jeff   Most news is about unpaid salaries and what they're going to do to work towards resolving that. But I want you to realize brokers are also coming out telling us they can't get currency hardly anymore.  They're struggling.  It's a lot harder.  It's going to take them a lot longer.  This is all suggestive the rate change is extremely close and might be happening this month of August.  We have to see the cabinet completed and the government formed first.

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Iraq Dinar, Clarity Act & New $100 Bill Update!

Jon Dowling & Chris Real World

The latest weekly report from Jon Dowling offers a deep dive into several critical sectors, ranging from the legislative halls of Baghdad to the high-tech banking corridors of the United States.

This update provides a comprehensive look at the intersection of traditional fiat systems, emerging digital assets, and the macroeconomic pressures currently shaping our financial future.

https://youtu.be/byxNI_QSQqg?si=Ojm12B4XqRkR4Ltv

Ariel: The Sovereign Currency Exemption

Ariel: The Sovereign Currency Exemption

8-8-2026

Why POTUS Is Unbothered About The Clarity Act:

1.4B crypto holdings creating an ethics conflict that stalls the bill. Let them. While the Deepstate blocks the Clarity Act to “protect” the system from his wallet, they are accidentally freezing the Cabal’s off-ramps.

If Trump pushed the bill hard, the Senate would just water it down with centralized carve-outs. By letting Thune stall, Trump forces the SEC to keep its enforcement posture.

The SEC’s existing securities framework is stricter and has zero Congressional loopholes. Trump is using Democratic obstruction to get a harder regulatory framework than legislation would ever allow.

We Are Giving Congress Way Too Much Credit

Trump learned from his first term that rushing legislation gives the Deepstate time to embed sabotage. He is letting them exhaust their resources fighting a legislative battle that is already obsolete.

The Clarity Act is the public-facing door; the SEC enforcement and the sovereign digital rail (Iraq/Apple) are the back window. The Cabal is guarding the door while the actual reset climbs through the window.

We Mentioned This Earlier:

SEC would be way more strict on crypto regulation. Warren’s “not industry-written” line is pure D.C. extraction theater. She isn’t protecting consumers; she is protecting the bribery pipeline. When politicians write the rules, they write the escape hatches for themselves.

“Industry-written” in Warren’s lexicon means code written by developers that is mathematically absolute, permissionless, and immune to political carve-outs. She hates that.

• She can’t bribe a smart contract.

• She can’t lobby a blockchain.

• She can’t filibuster favoritism from Wall Street.

Politicians writing rules guarantees the Cabal retains the master keys to the financial system.

Warren’s push for “strict infrastructure rules” is a smokescreen for centralized control. She wants the SEC to act as the gatekeeper so her donors in the legacy banking sector can extract rent on every digital transaction.

Strict rules don’t hurt BlackRock; they hurt decentralized competitors who can’t afford the compliance overhead. Warren is lobbying to price out the competition under the banner of consumer protection. It is pure, uncut rent-seeking.

CoinTelegraph:INSIGHT: Senator Elizabeth Warren says the U.S. needs crypto legislation, but not legislation "written by the crypto industry to protect and advance the crypto industry."

The Sovereign Currency Exemption:

You All Need To Understand This One Thing

The Clarity Act regulates digital assets, securities, and tokens. The Iraqi Dinar is a sovereign foreign currency. When Iraq drops the three zeros and pegs the new tokenized dinar to their gold, it enters the global market as a foreign exchange instrument, not a crypto security. Forex operations fall under Treasury and CFTC jurisdiction, not the SEC.

The Clarity Act could die tomorrow and the IQD RV still executes flawlessly. Trump isn’t pushing the Act because he doesn’t need it to cash out the currency reset specifically the Iraqi Dinar.

This Will Not Get Any Clearer Than This

Iraq is not panicking.

The SEC is not panicking.

The president is not panicking.

You are the ones that are losing your wits. Understand what the Clarity Act is and what it is not. You are already in prime position to take advantage of what is going to occur. You already know the conditions POTUS set forth for complete US Troop removal out of Iraq. None of that has changed. This is why you are watching Iraq take continuous steps to resolve their liquidity crisis.

Majeed KSA:MP Saad al-Awadi proposed launching a central bank-issued digital Iraqi dinar to deposit salaries into electronic wallets, resolving Iraq’s cash liquidity crisis and ensuring timely payments without reliance on physical currency.

Read full post here:  https://dinarchronicles.com/2026/08/08/prolotario-the-sovereign-currency-exemption/

News, Rumors and Opinions Saturday 8-8-2026

Ross: October will be a Big Month for Iraq

8-8-2026

Iraq’s authorities ordered all security posts to intensify vehicle inspections nationwide and take legal action against any driver transporting prohibited items.

This includes civilian and military/security vehicles. No exceptions. The order came less than 24 hours after Prime Minister Ali Al-Zaidi (as Commander-in-Chief) raised the nationwide alert level, combat readiness, and canceled leave for commanders and unit leaders.

Stability + state monopoly on force creates the foundation for the revaluation of IQD:

• Foreign investment does not flow into a country where parallel armies can still move weapons at will.

• Banking and fiscal reforms, budget discipline, and any serious currency work require the central government to actually control the territory and the institutions.

• HCL / oil law progress, Kurdistan deals, and long-term reserves management all get easier when the state is visibly asserting control rather than negotiating with factions.

• International perception shifts when Baghdad is seen enforcing its own red lines instead of issuing statements.

This fits the pattern since he took office in May:

• Reviving real Commander-in-Chief authority

• Anti-corruption “Dawn Crackdown” (arrests of political/business figures, inspections of official convoys, recovery of public funds)

• Forcing the weapons-under-state question into the open instead of kicking it down the road

• Making clear that Iraq will not be used as a launchpad against neighbors

Pay attention to what happens between now and SEPTEMBER 30th.

October will be a big month.

This meeting sits in a clear sequence of activity under the same leadership and converging quickly toward the September 30th deadline which I predict lines October up to be a big month for IQD.

• Late July: Ministry of Finance announced formation of a national digital transformation team for public finance automation, aligned with the government’s financial/administrative reform program and international standards.

• July 27: Same Undersecretary reviewed stages of the TSA platform development — building a digital system for government bank accounts with real-time cash flow visibility.

• August 5: Ali Karim met a World Bank team (led by Emmanuel Salinas) and formally started work on the executive digital transformation roadmap for MoF, including assessment of the current institutional reality, priorities, timelines, and performance indicators.

• Today: Follow-up execution meeting on the concrete systems (IFMIS + TSA + tax/customs).

The fact that the same senior official is driving the national team, the World Bank roadmap, the TSA platform, and today’s prioritization meeting shows focused attention rather than box-checking.

Keep watching implementation metrics and the speed at which these systems actually go live.

I predict between now and September 30th.

AnnaMarieF:Ministry of Finance: In confirmation of institutional reform efforts, the Undersecretary of the Ministry of Finance, Dr. Ali Karim Hussein, chaired a meeting of the Digital Transformation Team to follow up on the automation of public finance, and to discuss the priorities of (IFMIS) projects and the Unified Treasury Account (TSA), as well as the automation of taxes and customs to enhance transparency and efficiency.

Starlink didn’t just appear in Iraq overnight.

The groundwork had been in motion for months.

But the new government flipped the switch — license signed July 17, live service by July 29.

Under two weeks.

That’s why the CMC is already warning the public: there are still no official agents, and anyone claiming to be one is a scammer.

Demand outran the regulated channels.

The sense of urgency to get the Iraqi population online is a clue to the work being done behind the scenes that will set IQD up for revaluation.

Read full post here:  https://dinarchronicles.com/2026/08/08/ross-october-will-be-a-big-month-for-iraq/

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

Frank26  There's only one option for the monetary reform of the Iraqi dinar, raise the value of the exchange rate and add value to it...

Jeff  We saw two articles that said the completed formed government is what allows Iraq to enact the major reforms...A completed government is going to happen very close to the timing of the rate change...I personally think once they complete the cabinet, they'll change the rate within days of that.  They'll be very close to each other.

Reset Intelligence  Back in April, Washington blocked its cash shipments to Iraq to force Baghdad's hand on the militias. This week the plane was reloaded with $500 million. Nobody freezes half a billion dollars as punishment and then quietly releases unless they got what they want.Somewhere between April and August, Baghdad did the thing Washington asked of them.  Meanwhile the salaries are late, parliament is being dragged in on its day off, the street dollar is at its widest gap in weeks, and the US Senate is headed for an extra long weekend. ICYMI, Nixon closed the gold window on a Sunday night. 55 years ago. Keep one eye open on this weekend.

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BRICS Nations Developing Alternative Gold and Silver Markets - The Freedom Report

Kinesis Money: 

In this episode of The Freedom Report, Rob Kientz explores how BRICS nations are building alternative gold and silver markets designed to challenge the long-dominant Western duopoly of Comex and the LBMA.

Across two back-to-back presentations, he walks through the new Hong Kong gold gateway, Singapore's physically-settled exchanges, Russia's expanding Moscow Exchange and the BRICS gold-backed settlement network known as "the Unit".

Rob then turns to silver, arguing its recent sell-off is a mid-cycle lull rather than the end of the run.

He points to China's grip on refining, its shift to net importer, and silver's critical-mineral status — and what the West-to-East shift could mean for anyone holding gold and silver.

https://www.youtube.com/watch?v=sTYIhtk2-Ck