Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Tuesday AM 1-23-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 23 Jan. 2024

Compiled Tues. 23 Jan. 2024 12:01 am EST by Judy Byington

Timing:  (RUMORS)

On 21 Nov. 2022 (Thanksgiving) a Global Currency Reset agreement was (Allegedly) signed by 209 nations in Geneva Switzerland and the US Treasury signed an agreement with the Chinese Elders. …Dave XRP Lion

Thurs. 11 Jan. was the (Allegedly) start of a worldwide financial Armageddon as it was the end of the Deep State Banks Reverse Repurchase Agreements they had created to cover up bank bankruptcies.

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 23 Jan. 2024

Compiled Tues. 23 Jan. 2024 12:01 am EST by Judy Byington

Timing:  (RUMORS)

On 21 Nov. 2022 (Thanksgiving) a Global Currency Reset agreement was (Allegedly) signed by 209 nations in Geneva Switzerland and the US Treasury signed an agreement with the Chinese Elders. …Dave XRP Lion

Thurs. 11 Jan. was the (Allegedly) start of a worldwide financial Armageddon as it was the end of the Deep State Banks Reverse Repurchase Agreements they had created to cover up bank bankruptcies.

On Mon. 15 Jan. the Global Financial System (Allegedly) moved from the old fiat SWIFT System to the gold/asset-backed Quantum Financial System.

By Tues. 23 Jan. the Deep State’s giant JP Morgan Bank, along with all Central Banks across the World that were not Basel III Compliant (have gold/asset-backed monies), were bankrupt and would be (Allegedly) closed – setting the stage for a Global Financial Collapse – that would be saved by a Global Currency Reset.

By the end of this week all Navy ships are in (Allegedly) position around the world waiting for the go signal. Confirmed by Military sources. …Amiel Alston on Telegram Fri. 19 Jan.

The fiat US Dollar was (Allegedly) expected to be considered useless by around 11 March 2024.

Global Currency Reset:

Sat. 20 Jan. Wolverine: “Ok guys this is what it is at the moment. Charlie has been told to remain silent which is a good sign. Mauricio is under NDA. D1 has been released fully. D2 we have not received confirmation if it has been finished yet as it’s huge. Basel III gets finalized on 23rd January and it’s going to be huge.

Mon. 22 Jan. BEWAKING! Quantum Phones: A Game-Changer by Q, StarLink QG and Steve Jobs in the United States of America – Quantum Phones and GESARA Applications – GESARA and UBI Distribution – American Media Group (amg-news.com)

Read full post here:  https://dinarchronicles.com/2024/01/23/restored-republic-via-a-gcr-update-as-of-january-23-2024/

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

Frank26  The monetary reform IMO is at a stage right now where it is educating the citizens on the next step...Based on what we're seeing what do you think is the next step the Central Bank of Iraq, Sudani and the board of directors are going to enact/activate/push the button of the monetary reform?  New small category notes - I agree.  The float - I agree.  LD's and rate - I agree.  Revalue - I agree.  HCL - I don't agree.  Not yet.  Although everything will be poured out of the bucket the moment the new exchange rate occurs and that's the HCL too.

Sandy  China has decided to take up interest in Iraq and Turkey's Development Road Project.  This is exciting and excellent news because China in the picture means Iraq is on the path to success with this entire project.  We as investors are looking for the development Road Project to increase the GDP of Iraq and provide another high stream of annual income per the IMF's recommendation.  All of this posts to a higher value in the Iraqi currency.

The Currency Is Failing; Here's The ONLY Solution | Patrick Holland

Liberty and Finance:  1-22-2024

"The Dollar is dying. Everyone knows it now," says Patrick Holland, founder of the Missouri Freedom Initiative (MoFree.org). He explains that rising prices are simply a sign the currency is rapidly losing value.

Gold and silver, "are the only tried and true, time-tested ways to actually hedge against a failing fiat currency."

He discusses the latest developments in his organization's efforts in collaboration with key leaders in the Missouri legislature to:

 - make precious metals legal tender in Missouri,

- ensure businesses can pay employees in gold and silver, and that contracts can be written payable in gold & silver, and

 - prevent confiscation of people’s precious metals by government.

INTERVIEW TIMELINE:

 0:00 Intro

 1:26 Gold & silver initiative

 19:30 State depositories

25:13 Resources

28:14 The urgency

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

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

Economist's "News and Views" Monday 1-22-2024

What Does $684 Billion In Unrealized Bank Losses Mean For You? 🧐 More Than You Might Realize.

Taylor Kenny:  1-22-2024

Taylor Kenney uncovers the alarming reality of U.S. banks hiding over half a trillion dollars in potential losses, setting the stage for a widespread financial crisis.

With parallels drawn to the Great Depression, Kenney reveals hidden vulnerabilities in the banking system, masked by accounting rule changes.

Download the shocking chart and stay prepared for the looming financial storm.

What Does $684 Billion In Unrealized Bank Losses Mean For You? More Than You Might Realize.

Taylor Kenny:  1-22-2024

Taylor Kenney uncovers the alarming reality of U.S. banks hiding over half a trillion dollars in potential losses, setting the stage for a widespread financial crisis.

With parallels drawn to the Great Depression, Kenney reveals hidden vulnerabilities in the banking system, masked by accounting rule changes.

Download the shocking chart and stay prepared for the looming financial storm.

CHAPTERS:

0:00 Bank Loss Coverups

03:37 Commercial Real Estate Losses

06:41 Investment Security Gains & Losses

07:52 Bank Of America

https://www.youtube.com/watch?v=7vJdrVyjoF4

The Next Stock Market Wealth Transfer has Begun

Heresy Financial:  1-22-2024

TIMECODES

 0:00 Video Overview

 0:15 The Difference in Wealth Held by Americans

 0:47 the Stock Market is a Wealth Transfer Machine

1:44 Ownership Concentration of Stock Shares

5:20 Big Money is Currently Selling

7:18 Problems with Retail Investors

 8:37 the Problem Started in 1971

10:43 The Market Playbook

https://www.youtube.com/watch?v=yDCkW1602a0

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Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Monday Evening 1-22-24

Goldilocks' Comments and Global Economic News Monday Evening 1-22-24

Good Evening Dinar Recaps,

"Digital Assets Set to Disrupt Dollar Dominance"

Bitcoin, the growth of Stablecoins, and Central Bank Digital Currencies are expected to chip at the dollar dominance this year.

These disruptions will cause a recalculation and a refactoring of the dollar value in relation to other currencies around the world.

Price pressures on these new assets will begin to formulate new patterns and support levels for these new assets, and this is when you start to see the markets begin to price in new valuations.

We will be monitoring these changes as they take place.

© Goldilocks

Goldilocks' Comments and Global Economic News Monday Evening 1-22-24

Good Evening Dinar Recaps,

"Digital Assets Set to Disrupt Dollar Dominance"

Bitcoin, the growth of Stablecoins, and Central Bank Digital Currencies are expected to chip at the dollar dominance this year.

These disruptions will cause a recalculation and a refactoring of the dollar value in relation to other currencies around the world.

Price pressures on these new assets will begin to formulate new patterns and support levels for these new assets, and this is when you start to see the markets begin to price in new valuations.

We will be monitoring these changes as they take place.

© Goldilocks

https://www.cryptotimes.io/digital-assets-set-to-disrupt-dollar-dominance/

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US Virginia State Senator Proposes Bill Protecting Digital Asset Miners and Validators |  Finance Yahoo

~~~~~~~~~~

U.S. Senators Unveil Innovative Legislation to Foster Collaboration Against Crypto Crimes

In an effort to navigate the evolving landscape of crypto assets, U.S. Senators Bill Hagerty and Cynthia Lummis have introduced the Preventing Illicit Finance Through Partnership Act of 2024.

The bill, designed to combat the misuse of crypto assets, aims to foster collaboration between federal regulators and the private sector. Senators Hagerty and Lummis, both members of the Senate Banking Committee, emphasize the importance of distinguishing bad actors without stifling the growth of the emerging crypto industry.

The Preventing Illicit Finance Through Partnership Act proposes the establishment of an information-sharing pilot program dedicated to combating the illicit use of crypto assets. The primary focus is on enhancing communication between federal law enforcement agencies and private companies, allowing regulators to gain insights into the crypto world and identify and eliminate bad actors.
Thecurrencyanalytics 

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Sebi to use in-house developed generative AI tool to clear IPO applications

Markets regulator Sebi will be using a generative AI tool, which has been developed in-house, to clear IPO applications on time, as it has been found to be effective in cutting the time lag massively.  

"One of our junior officers in the tech team has just developed a generative AI tool that can check the various compliances in the LODR (listing obligations and disclosure requirements) in no time.  

"So, we want to deploy this and within the next few months, hopefully as much as 80 per cent of the LODR compliance checks in DRHPs, which are done manually now, will be automated using this tool," its chairperson Madhabi Puri Buch said here on Friday while addressing an event organised by investment bankers lobby AIBI.  Business-Standard 

~~~~~~~~~~

"BRICS Poses A Threat To America’s Ability To Weaponize The Dollar To Sanction Nations"

We talked about this a while back. There will be a need to have a governing body to oversee countries not being compliant under the new guidelines of the new digital economy.

AI and smart contracts will capture a great deal of compliance issues, but the need to govern these mechanisms is still in process.

Actions are being taken through several countries to govern their AI mechanisms.

© Goldilocks

Bitcoinik Link
AI Accelerator Institute Link 

~~~~~~~~~~

Navigating the financial landscape: Trends reshaping banking for SMEs in 2024 | Daily Herald 

~~~~~~~~~~

The world’s crypto user base crossed half a billion in 2023 – Crypto.com |  Page One 

~~~~~~~~~~

Institutional money is beginning to create new price pressures on digital assets.

These will be priced into the market.

© Goldilocks

~~~~~~~~~~

I am aware that a lot of you would like to see this become more than just a read-only room, but there are dangers in doing that for you.

One is that you become prey for those who want to take your information out of this room for their own selfish intentions. You will not go on my email list for any reason. I do plan on creating a history book from these articles, so I have purposefully used factual information in this room to help me pull together it's contents into a book. No, you will not go on to my email list even for this book. Just look for the author under the name of Goldilocks, and I will be there.

This is why you see my work copyrighted in this room just for that purpose as instructed by my publisher in protecting my work. You are free to take my information outside of this room to anyone, but the use of any content in this room belongs to my copyrighted material being gathered for the general public to read when this venture is over.

Two, it is tempting to share information that comes out of an opinion rather than actual facts the Government, the Banking System, the Markets, the Legislative process, International Lawyers, and Developers Technical understanding of the new Digital Economy.

This is a read-only room so that people can focus and learn about the new factual economy, so it can clearly help you in the projects you choose to share with your bankers down the road.

I want you to have clarity from this room to the degree it is possible for me and you to understand.

God Bless you my friends.

© Goldilocks

~~~~~~~~~~

Message from Isaac today!

"Hello 👋 I will have an update tomorrow , blessings"

Isaac's Telegram Room

~~~~~~~~~~

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More News, Rumors and Opinions Monday Afternoon 1-22-2024

Inspirational Word From Holly: 

Back in the day, Stallone was a struggling actor in every definition. At some point, he got so broke that he stole his wife’s jewelry and sold it. Things got so bad that he even ended up homeless. Yes, he slept at the New York bus station for 3 days.

Unable to pay rent or afford food. His lowest point came when he tried to sell his dog at the liquor store to any stranger. He didn’t have money to feed the dog anymore. He sold it for $25 only. He says he walked away crying.

Two weeks later, he saw a boxing match between Mohammed Ali and Chuck Wepner and that match inspired him to write the script for the famous movie, ROCKY. He wrote the script for 20 hours! He tried to sell it and got an offer for $125,000 for the script. But he had just ONE REQUEST. He wanted to STAR in the movie. He wanted to be the MAIN ACTOR, Rocky himself. But the studio said NO. They wanted a REAL STAR.

Inspirational Word From Holly: 

Back in the day, Stallone was a struggling actor in every definition. At some point, he got so broke that he stole his wife’s jewelry and sold it. Things got so bad that he even ended up homeless. Yes, he slept at the New York bus station for 3 days.

Unable to pay rent or afford food. His lowest point came when he tried to sell his dog at the liquor store to any stranger. He didn’t have money to feed the dog anymore. He sold it for $25 only. He says he walked away crying.

Two weeks later, he saw a boxing match between Mohammed Ali and Chuck Wepner and that match inspired him to write the script for the famous movie, ROCKY. He wrote the script for 20 hours! He tried to sell it and got an offer for $125,000 for the script. But he had just ONE REQUEST. He wanted to STAR in the movie. He wanted to be the MAIN ACTOR, Rocky himself. But the studio said NO. They wanted a REAL STAR.

They said he “Looked funny and talked funny”. He left with his script. A few weeks later, the studio offered him $250,000 for the script. He refused. They even offered $350,000. He still refused. They wanted his movie, but NOT him. He said NO. He had to be IN THAT MOVIE.

After a while, the studio agreed, gave him $35,000 for the script, and let him star in it! The rest is history! The movie won Best Picture, Best Directing, and Best Film Editing at the prestigious Oscar Awards. He was even nominated for BEST ACTOR! The Movie ROCKY was even inducted into the American National Film Registry as one of the greatest movies ever!

NO ONE KNOWS WHAT YOU ARE CAPABLE OF EXCEPT YOURSELF! People will judge you by HOW you look. And by WHAT you have. But Fight on! Fight for Your place in history. Fight for your glory. NEVER EVER GIVE UP!

Even if it means selling all your clothes and sleeping with the dogs, IT’S OKAY! But AS LONG AS YOU ARE STILL ALIVE, Your STORY IS NOT OVER.

Keep Up the Fight. Keep your dreams and hope alive. Go get it!!!!

P.S. After the movie came out he tracked down the guy who bought his dog and bought it back for 10k.

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

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

Militia Man  The whole thing is basically doing what?  Restoring confidence, engaging the private sector.  Iraq's going to be going international.  What we expect to see is that Iraq has an IMF article VIII compliant currency that has a Real Effective Exchange Rate (REER) that supports the value of the currency and does restore that confidence...Is 1310 exchange rate going to restore confidence? ...In my belief absolutely not.

Frank26   For any Iraqi that lives outside of Iraq they will take advantage and exchange their 3-zero notes for American dollars.  The monetary reform is getting louder and louder everyday and very direct.  There is no confusion.  There's no need to wonder when it's going to happen because they're telling you it's happening.  IMO the lower denoms, new exchange rate and the float in the basket is the next phase of your monetary reform...Prime Minister Sudani is bragging about it right now...

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

KTFA:

Clare:  The Prime Minister's advisor reveals the implications of the government's vision to activate non-oil resources

1/22/2024

Baghdad - IA - Nassar Al-Hajj

Today, Monday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed the contents of the government’s vision to activate non-oil resources in Iraq, and while he stressed that the Prime Minister will be the basic nucleus of the strategic partnership between the state and the private sector, he indicated that the economic reform law has made its way to Parliament for legislation.

Saleh said to the Iraqi News Agency (INA): “Prime Minister Muhammad Shia al-Sudani’s presidency of the Private Sector Council will be the basic nucleus for launching the principle of strategic partnership between the state and the private sector, with the aim of activating the country’s human and material resources and on foundations that serve the renaissance of Iraq in Diversifying its sources of national income, whether in modern agriculture, manufacturing industries, or other non-oil natural resources, which will be supported by important legislation under the name (Economic Reform Law), which has made its way to the House of Representatives.”

He added, “The national strategic objectives for the development of the private sector, whose paths will be launched from the decisions of the Private Sector Council soon, have taken into account the contribution of the national market to the gross domestic product to more than 55% of the composition of the country’s national income in the coming years, instead of its current percentage, which is By about 37%.

He pointed out, “This will be achieved through the state’s support for investment in private sector projects themselves, especially those that operate jobs and generate value-added chains on a large scale, as well as the launch of partnership projects in manufacturing industries, in addition to the state’s financial support for them with sovereign guarantees that are consistent with Iraq’s entry into the industrial age.” "Modern digital technology, in accordance with the requirements and principles of accelerating economic growth, is a strategy that will be included in the national development plan for the next five years." LINK

Good non oil revenue it’s gonna help a lot # Iqd

Nader:  1-22-2024

https://www.youtube.com/watch?v=iRd8kJ91uFY

Thousands Of Bank Branches Are Shutting Down, Big Retailers Are Closing Thousands Of Stores!

Atlantis Report:  1 21-2024

In a time of economic turbulence, the government assures a soft landing but Americans find themselves grappling with the harsh realities of a shifting financial landscape. While U.S. Treasury Secretary Janet Yellen paints a picture of economic optimism, the ground reality tells a different story. Rising inflation, soaring living costs, and bleak future expectations are converging to create a challenging environment for the average American.

https://www.youtube.com/watch?v=rnEZQHNB4To

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Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Monday AM 1-22-24

Goldilocks' Comments and Global Economic News Monday AM 1-22-24

Good morning Dinar Recaps,

"SEC Updates Digital Token Regulations and Asset Custodial Services"

The Securities and Exchange Commission has updated some rules to governing digital tokens and digital asset custodial services.

Key Changes:

* lifting investment restrictions on certain digital tokens

* establishment of criteria for businesses that provide custodial wallet services

* required to seek permission prior to engaging in other business activities

* SEC has also made more noticeable service standards

Goldilocks' Comments and Global Economic News Monday AM 1-22-24

Good morning Dinar Recaps,

"SEC Updates Digital Token Regulations and Asset Custodial Services"

The Securities and Exchange Commission has updated some rules to governing digital tokens and digital asset custodial services.

Key Changes:

* lifting investment restrictions on certain digital tokens

* establishment of criteria for businesses that provide custodial wallet services

* required to seek permission prior to engaging in other business activities

* SEC has also made more noticeable service standards

These took effect on January the 16th, 2024. It shows a commitment to move forward with the new Digital Asset Based Trading System by the SEC.

© Goldilocks

BNN Breaking

~~~~~~~~~~

🔴 BRICS DILEMMA: Saudi Arabia Sends Mixed Messages On BRICS, Deletes Media Reports of It Joining

https://youtu.be/9iW8pyZ2KIU?feature=shared

👆  Goldilocks pointed to this article

~~~~~~~~~~

China and Russia test ‘hack-proof’ quantum communication link for BRICS countries

Scientists in Russia and China have established quantum communication encrypted with the help of secure keys transmitted by China’s quantum satellite, showing that a Brics quantum communication network may be technically feasible.

The scientists were able to span 3,800km (2,360 miles) between a ground station close to Moscow and another near Urumqi in China’s western Xinjiang region to send two encoded images secured by quantum keys.   SCMP Link

~~~~~~~~~~

US bank regulator: new liquidity rules needed to handle bank runs

Jan 18 (Reuters) - A top U.S. banking regulator on Thursday called for new liquidity rules to help lenders respond to runs by depositors of the kind that felled Silicon Valley Bank and other mid-size banks last year.

"I believe a new targeted regulatory requirement for mid-size and large banks to have sufficient liquidity to cover stress outflows over a five-day period warrants serious consideration," Acting Comptroller of the Currency Michael Hsu said, according to a copy of prepared remarks.

Hsu's remarks were the latest sign that regulators are continuing to tinker with the rule book after a spate of bank failures in the spring of 2023. (Reporting by Douglas Gillison; Editing by Chizu Nomiyama)

https://finance.yahoo.com/news/us-bank-regulator-liquidity-rules-143000226.html

~~~~~~~~~~

Follow Goldilocks' Roadmap

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

"Tidbits From TNT" Monday 1-22-2024

TNT:

Tishwash:  Parliamentary Finance reveals the most prominent amendments that will be made to the 2024 budget

Today, Monday, the Parliamentary Finance Committee revealed the amendments that will be made by the government to the 2024 budget tables, noting that the variables in the 2024 budget tables will be sent to Parliament next month for approval.

Committee member, Moeen Al-Kadhimi, said in a statement followed by Al-Eqtisad News, that “the Finance Committee met yesterday, Sunday, with the Minister of Finance, in which many topics were discussed related to the changes that will be made in the 2024 budget tables.”

He added, "The most important variables are an increase in the allocations for rations, social care, and allocations for purchasing rice and wheat from farmers, in addition to an increase in allocations related to the electricity sector and the costs of oil production."

TNT:

Tishwash:  Parliamentary Finance reveals the most prominent amendments that will be made to the 2024 budget

Today, Monday, the Parliamentary Finance Committee revealed the amendments that will be made by the government to the 2024 budget tables, noting that the variables in the 2024 budget tables will be sent to Parliament next month for approval.

Committee member, Moeen Al-Kadhimi, said in a statement followed by Al-Eqtisad News, that “the Finance Committee met yesterday, Sunday, with the Minister of Finance, in which many topics were discussed related to the changes that will be made in the 2024 budget tables.”

He added, "The most important variables are an increase in the allocations for rations, social care, and allocations for purchasing rice and wheat from farmers, in addition to an increase in allocations related to the electricity sector and the costs of oil production."

Al-Kadhimi indicated that “the amendments to the 2024 budget will be submitted to the House of Representatives next month for approval.”   link

CandyKisses:  Sudani: Victory over ISIS necessitates changing the mission of the international coalition

Information/BaghdadPrime Minister Mohammed Shia al-Sudani stressed on Monday his rejection of any aggression on Iraqi soil or prejudice to its autonomy, while pointing out that the reason for the expansion of the conflict in the region is due to the continuation of the war in Gaza.

The media office of the Prime Minister, in a statement received by the information, that "Sudanese, received today the Dutch Minister of Defense Casey Olonggreen and her accompanying delegation."He added that "during the meeting, they discussed bilateral relations between the two countries, and ways to enhance cooperation in all fields, as well as the joint files that will be discussed during the Prime Minister's visit to the Netherlands, based on the official invitation submitted by the Dutch Prime Minister."

The prime minister praised "the efforts of the Netherlands in helping Iraq during its war against terrorism, within NATO," stressing his rejection of "any aggression on the territory of Iraq or prejudice to its autonomy."He renewed "the government's commitment to providing protection for diplomatic missions and advisors working in Iraq," pointing to "the government's decision to rearrange the relationship with the international coalition and move to another level of bilateral relations and cooperation with the coalition countries."

The Prime Minister stressed that "the reason for the expansion of the conflict in the region is due to the continuation of the war in Gaza and the brutal crimes committed by the occupation authorities against the Palestinian people," calling on "the international community to exert Pressure to stop genocide and policies of killing and starvation, as well as pressure to limit the opening of other fronts that lead to destabilization in the region and the world.

"For her part, Olonggren expressed her thanks "for the efforts of the Prime Minister in maintaining security and stability, and activating the good relations between Iraq and the Netherlands."

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

CandyKissses:  A scandal of high caliber. UN staff in Iraq took bribes to help businessmen

Baghdad Today - Follow-up

An investigation conducted by the British newspaper The Guardian revealed on Monday (January 22, 2024) that employees working for the United Nations in Iraq are demanding bribes to help businessmen win contracts in post-war reconstruction projects in the country, noting that United Nations employees Required 15% of the value of contracts.

The alleged commissions are one of a number of allegations of corruption and mismanagement revealed by The Guardian at the Stabilization Financing Facility, a $1.5 billion UNDP scheme launched in 2015 from more than 30 donors.

Interviews with more than two dozen current and former UN staff, contractors and Iraqi and Western officials suggest that the UN is nurturing the culture of bribery that has permeated Iraqi society since the overthrow of Saddam Hussein in 2003.

The Guardian found that "UNDP staff demanded bribes of up to 15 per cent of the contract value, according to three staff members and four contractors," and in return, the employee helps the contractor navigate the UNDP's complex bidding system to ensure that the vetting process passes.

The newspaper quoted one of the contractors, saying that "no one can get a contract without paying, and there is nothing in this country that you can get without paying, neither from the government nor from the United Nations Development Program," noting that " UNDP employees contacted them asking for bribes."

One UNDP staff member said the deals were made in person rather than on paper to avoid being discovered, with influential Iraqis sometimes acting as guarantors, noting that "the third party also takes a share of the bribes," adding that contractors "will choose people with connections and power."

Government officials entrusted by UNDP with supervision of construction projects are allegedly also receiving a share.

Contractors and UNDP staff who oversaw the projects explained that officials used that power to "extort" to obtain bribes from companies in exchange for signing projects completed, with two contractors tellingThe Guardianthat they were forced to make such payments.

The interviewees, many of whom spoke on the condition of anonymity for fear of retaliation, said the program had seen unwarranted expansion and extension that mostly preserved the UNDP footprint while relieving the Iraqi government of its own obligations to rebuild the country.

The newspaper also indicates that most of those interviewed described the training and workshops run by the United Nations Development Program within the framework of these initiatives as "trivial" and "lacking strategic coherence."

The Guardian was told that the sessions were attended by government officials and community members mostly to enjoy a free trip and cash in, with one former staff member saying: "UNDP just wants to burn money and show donors that they are doing workshops."

A former staff member described the UNDP Livelihood Initiative to teach displaced women to sew as "unrealistic" because Iraqis tend to buy cheap imported clothes from local markets: "They were trying to create an economy that doesn't exist." "It was like going back to the Middle Ages," they added.

UNDP said initiatives such as skills training were developed based on community needs and in full consultation with local authorities or community leaders.

Donors have appreciated the difficulty of tracking how their funding is and relying on UNDP to carry out monitoring and evaluation through an internal unit that the agency described as "fully independent", even though it is managed by UNDP.

Five interviewees familiar with the UNDP reported they did not reflect the reality on the ground.

One consultant who conducted an external audit of another UNDP program said: "A lot of these documents are mostly for PR purposes, when you actually go to these districts and sit down with the beneficiaries of these funds and actually look at the projects, it's very different from what you imagine by reading these reports."

Isolated behind concrete walls and allowed only limited field visits due to strict security protocol, embassy staff appear to lack the means to challenge the information, with a Western official noting, "Everyone only stays for two years, and when they find out, they leave " " "That's how these programs continue year after year."

Responding to the Guardian's request for comment, an advisor to the Iraqi prime minister, Mohammed Shia al-Sudani, said that if allegations of corruption at the UNDP and the involvement of government agencies were proven to be true, legal action would be taken. .

Farhad Aladdin added, "We will communicate with the highest authorities in the United Nations to discuss the details of these allegations, investigate them and refer those involved in corruption to the competent authorities." We will also review all programs to find out the truth."

Mot:  SSiiiiiigggggggghhhhhhhhhhhh 

Mot:…SiiiIIIggggghhhhhhh again

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News, Rumors and Opinions Monday AM 1-22-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 22 Jan. 2024

Compiled Mon. 22 Jan. 2024 12:01 am EST by Judy Byington

Timing: (RUMORS) 

On 21 Nov. 2022 (Thanksgiving) a Global Currency Reset agreement was signed (allegedly by 209 nations in Geneva Switzerland and the US Treasury signed an agreement with the Chinese Elders. …Dave XRP Lion

Thurs. 11 Jan. was the start of a worldwide financial Armageddon as it was the end (allegedly of the Deep State Banks Reverse Repurchase Agreements they had created to cover up bank bankruptcies.

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 22 Jan. 2024

Compiled Mon. 22 Jan. 2024 12:01 am EST by Judy Byington

Timing: (RUMORS) 

On 21 Nov. 2022 (Thanksgiving) a Global Currency Reset agreement was signed (allegedly by 209 nations in Geneva Switzerland and the US Treasury signed an agreement with the Chinese Elders. …Dave XRP Lion

Thurs. 11 Jan. was the start of a worldwide financial Armageddon as it was the end (allegedly of the Deep State Banks Reverse Repurchase Agreements they had created to cover up bank bankruptcies.

On Mon. 15 Jan. the Global Financial System (allegedly) moved from the old fiat SWIFT System to the gold/asset-backed Quantum Financial System.

On Tues. 23 Jan. the Deep State’s giant JP Morgan Bank to (allegedly announce bankruptcy, and all banks across the World that were not Basel III Compliant (have gold/asset-backed monies) would be closed – setting the stage for a Global Financial Collapse – that would be saved by a Global Currency Reset.

By the end of this week all Navy ships are in position (allegedly around the world waiting for the go signal. Confirmed by Military sources. …Amiel Alston on Telegram Fri. 19 Jan.

The fiat US Dollar was expected to be (allegedly considered useless by around 11 March 2024.

Global Currency Reset: (RUMORS)

Sat. 20 Jan. Wolverine: “Ok guys this is what it is at the moment. Charlie has been told to remain silent which is a good sign. Mauricio is under NDA. D1 has been released fully. D2 we have not received confirmation if it has been finished yet as it’s huge. Basel III gets finalized on 23rd January and it’s going to be huge.

Sat. 20 Jan. Dave XRP Lion received word of the Green Light this morning, get ready people, and pray.

Read full post here:  https://dinarchronicles.com/2024/01/22/restored-republic-via-a-gcr-update-as-of-january-22-2024/

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

Frank26  [Iraq boots-on-the-ground report] FIREFLY:  On the economic news an economic specialist is saying Iraq needs to use a basket of currencies to add value to the dinar against the dollar.  FRANK:  Sudani sends out another expert in the financial field that you know and trust...Exactly what we've been telling you.  This is the next phase IOO...This is the most powerful part of the monetary reform education to you as an Iraqi citizen...The basket of currencies is required in order to add value to the Iraqi dinar. [Post 1 of 2]

Frank26  [Iraq boots-on-the-ground report]  FRANK cont:  They will never talk to you about something that needs to be done.  They will talk to you about it after it is done.  That is what is called the float and that is what is going to take you back to your RI.  Your currency rate has to be reinstated back to $3.22 but that's the international side of Iraq...The goal of the CBI is to reach the Real Effective Exchange Rate.  In doing so it adds value to you even thought it's 1 to 1 in country...It will stay at 1 to 1 to the American dollar in Iraq but you will finally have your purchasing power that you have long waited for.  [Post 2 of 2]

Good …inflation gone down

Nader:  1-21-2024

https://www.youtube.com/watch?v=Uuk6XKFirpc

BRICS DILEMMA: Saudi Arabia Sends Mixed Messages On BRICS, Deletes Media Reports of Joining

Lena Petrova:  1-22-2024

https://www.youtube.com/watch?v=9iW8pyZ2KIU

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Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Sunday Evening 1-21-24

Good evening Dinar Recaps,

"When you trade FX forwards, you are agreeing to trade a currency pair at a set price on a set date in the future. This means you intend to buy one currency (base currency) and sell another (quote currency)at a predetermined price because you believe one of the currencies will strengthen against the other by a specific date."

Here we have it. It looks like traders are anticipating currency changes.

Let's look at a couple of reports:
1. "CLS REPORTS METEORIC 67.8% SURGE IN FX FORWARDS TRADING"

2. "CLS has reported a significant uptick in foreign exchange trading activity for December 2023."

This is a huge shift for traders. Most traders stay away from Forex opportunities because there is far more to be made in the rest of the market.

Something is changing to create this kind of shift in the minds of investors who usually stay away from this sector of the market.  

© Goldilocks

Goldilocks' Comments and Global Economic News Sunday Evening 1-21-24


Good evening Dinar Recaps,

"When you trade FX forwards, you are agreeing to trade a currency pair at a set price on a set date in the future. This means you intend to buy one currency (base currency) and sell another (quote currency)at a predetermined price because you believe one of the currencies will strengthen against the other by a specific date."

Here we have it. It looks like traders are anticipating currency changes.

Let's look at a couple of reports:
1. "CLS REPORTS METEORIC 67.8% SURGE IN FX FORWARDS TRADING"

2. "CLS has reported a significant uptick in foreign exchange trading activity for December 2023."

This is a huge shift for traders. Most traders stay away from Forex opportunities because there is far more to be made in the rest of the market.

Something is changing to create this kind of shift in the minds of investors who usually stay away from this sector of the market.   Finance Feeds    IG Link

© Goldilocks

~~~~~~~~~~

In an era defined by rapid technological advancements, the logistics industry is experiencing a transformative shift through the integration of digital solutions.

Digital freight forwarding, a cutting-edge approach to managing and optimising cargo transportation, is proving to be a game-changer for businesses worldwide. 

Talk Business Link
The GWW Link
Forbes Link
Seatrade Maritime Link
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SEC Publishes Risk Alert: Observations Related to Security-Based Swap Dealers.

On January 10, the SEC’s Division of Examination published a Risk Alert presenting examination and outreach observations concerning compliance with rules applicable to security-based swap dealers.

The SEC stated that in sharing these observations, the Division seeks to remind security-based swap dealers of their obligations under relevant security-based swap rules and encourage security-based swap dealers to consider improvements in their compliance programs, as may be appropriate, to further compliance with Exchange Act requirements.

The Risk Alert presents observations in the following areas:

(1) reporting of security-based swap transactions and correction of reporting errors;

(2) business conduct standards;

(3) security-based swap trading relationship documentation and portfolio reconciliation; and

(4) recordkeeping.  

Gibson Dunn Link      JDSupra Link

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Ten spot bitcoin ETFs launched on Jan. 11.

Eight days later, two funds have distinguished themselves in terms of net inflows: BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Investments’ Wise Origin Bitcoin Fund (FBTC).

While the BlackRock offering reached $1 billion in assets after four days of trading, Fidelity’s fund hit the milestone on its fifth trading day.     BlockWorks Link

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For the last 15 years, people have been spending their money on Bitcoin and other cryptocurrencies. This has led to a significant rise in money leaving the banking system.

Bringing Bitcoin into the markets and soon other tokenized assets backed by a real value such as gold will add value to our assets and banking system that supports these new digitized portfolios.

Currently, money is coming back to the banks through a new digital asset-based trading system with spot Bitcoin ETF being the first to step into the game.

The difference is going to be in the area of our new virtual assets having a real-world value going forward with the ability for AI and crypto networks to standardize the protocols inside our banking system under a fixed value of gold and other commodities.

This move from a fiat-based debt system to a sound money system gives the new QFS real numbers to work with in computing trades between countries and Cross-border International Trading and Bank the Bank transfers.

Standard protocols will provide security and efficiency and the ability to move our money at the push of a button.     Investopedia Link

© Goldilocks

~~~~~~~~~~

Amid Collapsed Demand for Existing Homes, Prices Drop Further, Supply Highest for any December since 2018, New Listings Come out of the Woodwork | Wolf Street

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Africa stuck in debt trap as restructuring efforts continue - Business News

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Watch the Debt Clock at 6pm ET tonight!   A Secret Message appears every Sunday, Tuesday, and Thursday at 6pm ET.   Join the discussions in the Living Room as we try to decode the message!

Discussions ON THE DEBT CLOCK Topic begin at 6pm ET
Join in the fun with your decoding ideas.
While the Debt Clock topic is being discussed please stay on topic. Off-topic comments during this time are subject to being removed. Thank you   The Living Room 
Link    The Debt Clock Link 

The Debt Clock on the SOWT Website Link

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"Breaking: US Banks Adopt Ripple’s XRP for International Payments" | ZA Investing

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Sunday Afternoon 1-21-2024

TNT:

CandyKisses:  Today.. the framework holds a meeting to agree on the candidate for the Speaker of Parliament

Information/Baghdad...

Representative, Muhammad Al-Zayadi, confirmed on Sunday the intention of the coordination framework to hold a meeting this evening to reach a final agreement on the candidate for the position of Speaker of the House of Representatives. 

Al-Ziyadi said in an interview with Al-Maalouma that "the meeting of the leaders of the forces of the coordination framework to be held will discuss one paragraph related to the unification of the position of political forces within the coordination framework on the selection of the new speaker of the House of Representatives, pointing out that "the discussion of the agreement on the selection of governors and the exception of some governors will take place after the approval of the judiciary on the winners of the elections."

TNT:

CandyKisses:  Today.. the framework holds a meeting to agree on the candidate for the Speaker of Parliament

Information/Baghdad...

Representative, Muhammad Al-Zayadi, confirmed on Sunday the intention of the coordination framework to hold a meeting this evening to reach a final agreement on the candidate for the position of Speaker of the House of Representatives. 

Al-Ziyadi said in an interview with Al-Maalouma that "the meeting of the leaders of the forces of the coordination framework to be held will discuss one paragraph related to the unification of the position of political forces within the coordination framework on the selection of the new speaker of the House of Representatives, pointing out that "the discussion of the agreement on the selection of governors and the exception of some governors will take place after the approval of the judiciary on the winners of the elections."

He added, "The meeting to be held for the leaders of the Coordination Framework forces on Sunday will discuss one paragraph related to unifying the position of the Coordination Framework forces on choosing a specific figure and voting for her to occupy the position of Speaker of the House of Representatives."

He pointed out that "the issue of discussing the agreement of the forces of the coordination framework on governorates for the next stage has been postponed until the judicial body decides on the results of the final provincial council elections."

He continued, "The forces of the coordination framework are serious in accelerating the formation of local governments in light of the results of the provincial council elections, where understandings will be based on basic principles, but the file of excluding some governors has not yet been decided."

The House of Representatives had adjourned its session on Saturday last week after disagreements over the decision to nominate candidates for the presidency of the House of Representatives in its second round.

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Tishwash:  2024 and “Curse the corrupt”... Investigations into the “outrageous wealth” of 9 Iraqi officials and “important” decisions within weeks

 Today, Sunday (January 21, 2024), a parliamentary source revealed the existence of unannounced investigations into the wealth of nine Iraqi officials in several governorates.

The source said in an interview with "Baghdad Today", "A lot of evidence was presented by representatives and figures about the file of the extreme wealth of some officials in Baghdad and the provinces, amid questions to know the source of that money, especially since they are government employees."

The source, who preferred not to reveal his name, added, “Indeed, there are investigations currently underway into the file of 9 officials,” pointing out that “extreme wealth is a real source of concern that has prompted the regulatory authorities to open important files in the past months in order to clarify the sources of that money, which some have tried to do.” It involves purchasing real estate and land.

He pointed out that "2024 will witness a qualitative shift in the fight against corruption, especially in the suspicious wealth of some," expecting "important decisions to be issued in the coming weeks."

The head of the Federal Integrity Commission, Haider Hanoun, called on Saturday (January 20, 2024) to support the regulatory system and cooperate with it in its endeavor to eradicate the scourge of corruption and prosecute its perpetrators.

A statement by the Commission, received by “Baghdad Today”, stated that “Hanoun stressed, in his speech at the First Conference of Legal and Political Sciences, which was held by the College of Law and Political Sciences - Iraqi University, entitled (The Relationship between Democracy and Regimes), the necessity of preserving the foundations of the democratic system in Iraq and protecting its institutions.” Constitutionalism is one of the dangers facing it, the most dangerous of which is corruption,” pointing out that “the Constitution, which is the supreme legal document, went to establish independent federal bodies, the most important of which is the Federal Integrity Commission, in accordance with Article (102) thereof, with the aim of protecting the gains of that democratic system.”

While the Deputy President of the Karkh Court of Appeal and the competent judge of the Supreme Anti-Corruption Committee, Judge Zia Jaafar, explained, on Monday (January 15, 2024), the nature of the decisions and judicial procedures taken in the past period to fight corruption, while pointing to the strategy to combat this scourge  link

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

Militia Man  .0006 or .0007 as far as exchange rates concerned, when they drop the 3 zeros off of that it makes a big difference.  Do a little math.  Get a calculator and see what the difference is when you have .0007 to the dollar and you drop those 3 zeros and see what the calculation is.  You can see there's a big difference...It's phenomenal wonderful stuff.

Frank26  [Iraq boots-on-the-ground report] FIREFLY: Banking news today on Channel One for the first time ever they're telling us our bank in Iraq have recorded assets over 200 trillion dollars.  News says accounts are up all over the place.  FRANK:  I kept telling you, you have no idea how much they have to back up their currency.  That's just assets.  You also have futures in the ground, contracts that have been signed, supply and demand of the basket...I get the chills thinking about the power of this nation. 

MARKETS A LOOK AHEAD: "The System." With What We Know Now, WE ARE INVINCIBLE!

Greg Mannarino:  1-21-2024

https://www.youtube.com/watch?v=YHiBV6Vw4SQ

Economy Showing 'Cracks', Here's What The Fed, Markets Will Do Next | Cameron Dawson

David Lin:  1-20-2024

Cameron Dawson, CIO of NewEdge Wealth, gives her outlook for the economy and markets for 2024.

0:00 - Intro

2:00 - NewEdge Wealth

4:00 - Market technicals

8:00 - Valuations

11:20 - Large vs. small caps

14:00 - Economic outlook

18:00 - Fed monetary policy

21:10 - Preferred sector

23:00 - Asset allocation

24:45 - Bitcoin 25:22 - Wealth preservation

28:44 - Risks

32:00 – Banks

34:00 - Career advice

37:22 - Lessons learned

https://www.youtube.com/watch?v=VUILvURCG10

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

"Tidbits From TNT" Sunday 1-21-2024

TNT:

Tishwash:  A new reading of ending the foreign presence.. Will the Sudanese government go through with it?

 Journalist Halim Salman suggested on Saturday that the government of Muhammad Shiaa Al-Sudani would proceed with pushing the House of Representatives to issue a law to gradually end foreign presence in the country.

Salman said in a statement  “Issuing the law (ending the foreign presence) will oblige all parties not to deviate from the circle of obedience to the Commander-in-Chief of the Armed Forces, and the Iraqi government bears full responsibility for protecting and defending all citizens at home and abroad, and does not allow any An international or local body may exercise its arbitrariness and tyranny against Iraqi sovereignty.”

He pointed out that “the Americans, according to the statements of their officials, are serious this time about responding, in the language of killing, to the parties that target their bases or headquarters in Iraq or Syria.

TNT:

Tishwash:  A new reading of ending the foreign presence.. Will the Sudanese government go through with it?

 Journalist Halim Salman suggested on Saturday that the government of Muhammad Shiaa Al-Sudani would proceed with pushing the House of Representatives to issue a law to gradually end foreign presence in the country.

Salman said in a statement  “Issuing the law (ending the foreign presence) will oblige all parties not to deviate from the circle of obedience to the Commander-in-Chief of the Armed Forces, and the Iraqi government bears full responsibility for protecting and defending all citizens at home and abroad, and does not allow any An international or local body may exercise its arbitrariness and tyranny against Iraqi sovereignty.”

He pointed out that “the Americans, according to the statements of their officials, are serious this time about responding, in the language of killing, to the parties that target their bases or headquarters in Iraq or Syria.

Warnings have been sent through the media and the ambassador about (responding to the factions that are involved in attacking the American presence in the region).”

He continued, "The Iraqi government, despite its condemnation of the recent American strikes that targeted one of the leaders of the Mobilization Forces, and the Prime Minister's call to gradually end the foreign presence in Iraq, is embarrassed by the involvement of some Iraqis in drone strikes on the headquarters of the American presence."

Salman expected that “the Sudanese government will continue to push the House of Representatives to gradually issue a law to end foreign presence. This approach, if serious, will oblige all parties to adhere to and not violate and deviate from the circle of obedience to the Commander-in-Chief of the Armed Forces.” link

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CandyKisses:  Washington will allow its combat forces to leave again. The government decides and internal opponents oppose

Information/private.

After the popular, political and official statements and demands from the government for the need for the withdrawal of US combat forces from the country, Washington still dominates the Iraqi airspace with its military aircraft and combat bases, as the Iraqi side is waiting for the completion of the members of the joint committee formed by the government in order to set time limits for the removal of those forces. 

*Washington's procrastination

Talking about this file, a member of the House of Representatives, Muhammad al-Sayhoud, reveals the completion of the members of the Iraqi joint committee with the United States of America to remove foreign combat forces from the country, while he stressed that the government is waiting for the completion of the members of the American committee in order to pave the way for the removal process and the start of bilateral meetings.

Al-Sayhoud said in an interview with the agency / Information /, that "the seriousness of the government to remove Washington forces will be applied on the ground through the time periods that will be agreed upon by the parties," noting that "the Iraqi committee was formed from a government team and those with diplomatic competence."

He continued, "The government has taken a final decision to set a timetable for the removal of combat forces from the country during the coming period," adding that "members of the Iraqi joint committee with the United States of America to remove its combat forces from the country has been completed."

The member of the House of Representatives concludes, his speech: "There is no interest for Iraq from the continued presence of combat forces of Washington in military bases," noting that "the government is waiting for the completion of the members of the American committee In order to pave the way for the removal of combat forces."

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Tishwash:  Indonesia expresses its desire to invest in Iraq: trade exchange reaches $272 million

The Indonesian ambassador to Iraq, Almar A. Lewis, indicated today, Sunday, that the volume of trade exchange between the two countries has reached 271 million and 800 thousand dollars annually, and it is likely that a meeting of the Indonesian-Iraqi Friendship Committee will be held in the first quarter of this year.

Lewis said, “Indonesia has great cooperation with Iraq, especially in the food field, and it seeks to establish two factories for manufacturing Indomie noodles in the provinces of Babil and Sulaymaniyah, in addition to the desire of a private company to invest in the field of medicine, as well as street maintenance and rehabilitation companies.” And infrastructure after the agreement with the Iraqi government,” according to the official newspaper

The Indonesian ambassador added, “The volume of trade exchange between the two countries amounts to 271 million and 800 thousand dollars, and most of the balance of exchange is Indonesia’s purchase of Iraqi crude oil, while Iraq’s purchases from Indonesia are medicines, stationery, furniture, and coal,” describing the current figures as “negligible if "It was not compared to other Arab countries."

He stated that "Indonesia has programs to train Iraqis in the fields of oil and aviation, as one of the private companies provides maintenance service for one of the Iraqi airline companies, in addition to cooperation in the field of education between an Indonesian university and its counterpart in Erbil," pointing out that "the two countries have a plan to hold a meeting." The Indonesian-Iraqi Friendship Committee was held in the first quarter of this year, after being postponed for years due to the “Corona” pandemic. link

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CandyKisses:  Including Saudi Arabia. 3 countries submit offers to invest in modern irrigation technologies in Iraq

Economy News - Baghdad

The Ministry of Agriculture announced on Sunday the desire of some countries to offer partnership and investment in Iraq, especially in the field of modern irrigation techniques, while revealing contracts for the purchase of thousands of modern irrigation systems of various sizes from emergency security allocations and the operational budget.

Iyad al-Bolani, director general of the ministry's agricultural investment department, said that "investment offers have been submitted to the ministry from many countries in the field of agricultural projects, and they have not yet been decided, because investment in the agricultural sector needs time, in order to choose the right place and analyze the soil, the nature of the water, its quantities or stocks, especially since most of the new investments are in areas that depend on groundwater."

Al-Bolani explained that "the countries that applied for investment diversified their projects, including investment in strategic crops and complementary projects," stressing that "all offers are now in the process of discussion."

He added that "the directives of Prime Minister Mohammed Shia Al-Sudani, and Minister of Agriculture Abbas Al-Alawi, emphasize the trend towards the use of modern irrigation techniques," noting that "Iraq needs intensive efforts in order to move to modern technologies and keep pace with the climate challenges that have occurred worldwide."

Mot: .. Trust Me -- Has to do with that ""Marital Thingy"" !!! 

Mot: Sleep Problems

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Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Saturday Evening 1-20-24

Goldilocks' Comments and Global Economic News Saturday Evening 1-20-24

Good evening Dinar Recaps,

Graham Steele, U.S. Treasury Assistant Secretary for Financial Institutions, calls for establishing crypto regulation standards to preempt potential crises.

U.S. Treasury Assistant Secretary for Financial Institutions Graham Steele emphasized establishing standards before potential crises occur. Speaking at a George Washington University Law School event, Steele highlighted the opportunity for policymakers to learn from past financial crises, like those leading to the Dodd-Frank Act and the National Bank Act.

“For crypto-assets, policymakers have a chance to act before a crisis to adopt higher standards that support responsible innovation,” Steele said.

He stressed the balance needed in legislative proposals, advocating for regulations that bolster innovation without compromising existing financial regulations.

Goldilocks' Comments and Global Economic News Saturday Evening 1-20-24

Good evening Dinar Recaps,

Graham Steele, U.S. Treasury Assistant Secretary for Financial Institutions, calls for establishing crypto regulation standards to preempt potential crises.

U.S. Treasury Assistant Secretary for Financial Institutions Graham Steele emphasized establishing standards before potential crises occur. Speaking at a George Washington University Law School event, Steele highlighted the opportunity for policymakers to learn from past financial crises, like those leading to the Dodd-Frank Act and the National Bank Act.

“For crypto-assets, policymakers have a chance to act before a crisis to adopt higher standards that support responsible innovation,” Steele said.

He stressed the balance needed in legislative proposals, advocating for regulations that bolster innovation without compromising existing financial regulations. (https://twitter.com/steelewheelz

https://coinmarketcap.com/community/articles/65a99bdd0e7cd25ca6b0970b/

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Sergey Nazarov, Co-Founder, Chainlinksaid:
“We’re excited to support the adoption of stablecoins across a variety of cross-chain use cases. I’m pleased to see that the defense-in-depth security infrastructure of CCIP, with multiple layers of decentralization, is something highly valued by developers building with USDC. It’s also exciting to see CCIP’s advanced risk management features have such a value-added role to play in how USDC can be sent in a way that complies with various key user requirements.”—

Here we go. The USDC coin was tested all last year and found to have a stable value based on use case scenarios and its support through the commodity sector.

At this time, USDC coin has been integrated and approved to be on several networks across the Digital Asset Based Trading System. The USDC coin is currently going through the SEC process to be sold as a tokenized asset in the new digital markets.

The USDC is now capable of crossing various lines of networks securely through Chainlink's Cross-Chain Interoperability Protocol CCIP. The system has its own messaging system capable of giving instructions about the transaction.     Crowd Fund Insider Link       Chain Link

© Goldilocks

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Court decisions could scale back SEC authority over crypto industry |  Fox Business

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Technology Cooperation Is Set to Radically Improve Global Trade -  Modern Diplomacy

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Protocol 20 is moving forward January 30th, 2024. It looks like all the pieces of the puzzle are put together at this point on the Stellar Network. Real-life sectors of all markets will be tested. Let the games begin.    https://youtu.be/T9lTA54TJVo?feature=shared

© Goldilocks

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What are Asset-Backed Tokens? Definition, Types & Advantages | Techopedia

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Regulator adjusts rules for digital token investment  |   Bangkok Post

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Follow Goldilocks' Roadmap

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