Seeds of Wisdom RV and Economic Updates Wednesday Morning 2-5-25
Good Morning Dinar Recaps,
REPUBLICAN LAWMAKERS LAUNCH BICAMERAL WORKING GROUP TO BRING CLARITY TO CRYPTO
Republican lawmakers announce a bicameral working group to fast-track crypto regulations, focusing on stablecoins and digital asset market rules in a major push for long-awaited industry clarity.
Republican lawmakers are stepping up their efforts to bring clear rules to the crypto industry, forming a bicameral* working group to push legislation on stablecoins and digital asset market structures.
Good Morning Dinar Recaps,
REPUBLICAN LAWMAKERS LAUNCH BICAMERAL WORKING GROUP TO BRING CLARITY TO CRYPTO
Republican lawmakers announce a bicameral working group to fast-track crypto regulations, focusing on stablecoins and digital asset market rules in a major push for long-awaited industry clarity.
Republican lawmakers are stepping up their efforts to bring clear rules to the crypto industry, forming a bicameral* working group to push legislation on stablecoins and digital asset market structures.
The move, announced on Feb. 4 at a Capitol Hill press conference, marks a coordinated effort between key House and Senate leaders to create a structured framework for crypto regulation, an issue that has remained in legal limbo for years.
The working group includes members from four major committees—the House Financial Services Committee, the House Agriculture Committee, the Senate Banking Committee, and the Senate Agriculture Committee—showing that lawmakers see crypto regulation as an issue that spans multiple sectors of financial oversight.
Representative French Hill of Arkansas, along with Senators Tim Scott and John Boozman and Representative Glenn Thompson, will play leading roles in shaping these policies, drawing from existing legislative efforts while introducing new proposals.
Lawmakers plan to build on the Financial
Innovation and Technology for the 21st Century Act (FIT21), which passed a House committee in 2024, while also using a new stablecoin bill introduced by Senator Bill Hagerty on Feb. 4 as a starting point for further discussions.
Senate Banking Chair Tim Scott has made it clear that speed is a priority, saying he wants to push the crypto bills through the Senate within the first 100 days of the congressional session.
Conversations with Democratic colleagues are already underway, raising the possibility that some elements of these bills could gain bipartisan support.
At the press conference, David Sacks, Trump’s crypto and artificial intelligence czar, spoke about the broader vision for digital assets, calling this a key moment to create a “golden age” for crypto in the U.S.
His role extends beyond Congress, as he is also overseeing a separate initiative within the White House to assess the possibility of a government-held Bitcoin reserve.
Trump’s executive order on Jan. 23 laid the foundation for that discussion, along with directives to prevent the creation of a central bank digital currency.
For years, the lack of clear rules has driven many crypto firms to set up operations overseas, where regulations have been more clearly defined. If successful, this working group could finally give the crypto industry the clarity it has long been waiting for.
*Bicameral legislature is a lawmaking body that's divided into two separate chambers. The two chambers work together to pass laws. A bicameral legislature in the United States Congress: The House of Representatives and the Senate are the two chambers of the U.S. Congress.
@ Newshounds News™
Source: Crypto News
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ROBINHOOD HALTS SUPER BOWL BETS A DAY AFTER LAUNCH ON CFTC REQUEST
Robinhood Markets has suspended Super Bowl betting after receiving a request from the Commodities and Futures Trading Commission to nix its customers’ access to the event contracts.
The halt comes just a day after Robinhood launched the product in partnership with prediction market Kalishi, allowing wagers on the outcome of the Philadelphia Eagles versus Kansas City Chiefs Feb. 9 game in the National Football League’s championship Super Bowl.
In a Feb. 4 announcement, Robinhood said it would suspend the rollout of the Pro Football Championship market as it continues to work with the CFTC to understand its concerns.
The firm said it had rolled out the product to around 1% of its customers, some of who had already placed trades.
“We are disappointed by this outcome, especially given that we had been in regular communication with the CFTC about our intent and plans to offer this product,” Robinhood said.
It comes just a day after reports that the CFTC was probing Crypto.com and Kalshi over their offerings of Super Bowl event contracts and whether they comply with derivatives regulations.
Event contracts differ from traditional betting in that the odds come from a pool of users betting on the likely winner rather than a bookmaker creating the odds.
Crypto.com told Cointelegraph it would continue to offer the wagers despite the probe.
Robinhood made its first foray into event contracts in October, offering trades based on the outcome of the US presidential election.
The announcement followed a court win by prediction platform Kalshi against the CFTC, allowing the platform to offer US-based users contracts for betting on election outcomes.
@ Newshounds News™
Source: CoinTelegraph
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“Tidbits From TNT” Wednesday Morning 2-5-2025
TNT:
Tishwash: Finance announces the launch of national bonds (first issue) for public subscription
The Ministry of Finance, represented by the Public Debt Department, announced the launch of national bonds (first issue) for public subscription, with a total value of (2) trillion Iraqi dinars, for the period from February 10 to March 10, 2025, as part of its plan to enhance local investment and provide savings tools for citizens and investors.
The ministry's statement stated that the bonds are distributed into two categories: ️The first bond is worth 500,000 dinars with an annual interest of 6%, and is due after two years, with interest paid every six months.
The second bond is worth 1,000,000 dinars with an annual interest of 7.5%, and is due after four years, with interest paid every six months. It explained
TNT:
Tishwash: Finance announces the launch of national bonds (first issue) for public subscription
The Ministry of Finance, represented by the Public Debt Department, announced the launch of national bonds (first issue) for public subscription, with a total value of (2) trillion Iraqi dinars, for the period from February 10 to March 10, 2025, as part of its plan to enhance local investment and provide savings tools for citizens and investors.
The ministry's statement stated that the bonds are distributed into two categories: ️The first bond is worth 500,000 dinars with an annual interest of 6%, and is due after two years, with interest paid every six months.
The second bond is worth 1,000,000 dinars with an annual interest of 7.5%, and is due after four years, with interest paid every six months. It explained
The bonds are characterized by their tradability on the Iraq Stock Exchange, which provides a distinct investment opportunity for citizens and companies looking for stable financial instruments.
She explained that the bond offering comes based on Article 77 first of the Federal General Budget Law No. (13) for the years 2023, 2024, and 2025, with the aim of supporting the national economy and enhancing confidence in the Iraqi financial system. link
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Tishwash: Governor of the Central Bank of Iraq receives the French Ambassador accompanied by a delegation from the French business sector
The Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received the French Ambassador to Iraq, Mr. Patrick Dorrell, and a French delegation, which included a number of French banks and companies in various sectors, in the presence of officials from the Central Bank of Iraq and the Director General of TBI Bank.
His Excellency the Governor reviewed the investment opportunities in all sectors, especially after the security stability witnessed by Iraq.
He explained the priorities, plans and initiatives that the Central Bank is working on to achieve general stability in prices by controlling the inflation rate, and supporting economic growth through its financing initiatives to achieve economic diversification.
He pointed to the role of the Central Bank in expanding financial inclusion, moving to electronic payment, digitizing the economy, integrating into the global economy and its financial system, and the great success in moving foreign transfer operations to the latest international practices and standards.
His Excellency explained the laws that facilitate the movement of investors' funds into and out of Iraq, stressing the endeavor to overcome the difficulties facing investment companies wishing to work in Iraq, within the area of specialization.
For his part, His Excellency the French Ambassador stressed that French companies have an important and great opportunity to invest in Iraq and deal directly with the private sector, especially with the existence of laws that support investors and commercial projects.
The French delegation also participated in the dialogue and raised the most important questions that contribute to understanding investment opportunities, while His Excellency took the initiative to answer the delegation’s inquiries as well as the officials present at this meeting.
Central Bank of Iraq
February 4, 2024
Media Office link
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Tishwash: Joint statement by the Sudanese Office and the Central Bank on the modernization of the banking sector
Joint statement from the Office of the Prime Minister and the Central Bank of Iraq,
Banking reforms constitute an important pillar of the economic reform adopted in the government program. In order to complete the important steps that the government has started in this framework since it began its work, and in order to achieve a package of development targets that require banking development, the government, in cooperation with the Central Bank of Iraq, has embarked on a comprehensive initiative that includes a comprehensive strategic banking reform process that constitutes a turning point in the history of economic development in Iraq, and is consistent with the extent of commitment to raising the level of banking standards, enhancing financial flexibility, and supporting the competitiveness of the financial system.
These comprehensive reforms aim to keep pace with developments in the countries of the region and the world, and contribute to opening partnerships and prospects for communication with the outside world on a broad scale in modern banking and financial transactions, as the Central Bank works to implement and develop regulatory and supervisory frameworks with international partners, which contributes to achieving sustainable growth and development of the banking sector, just as the government works to support the reforms and efforts of the Central Bank of Iraq in developing the state of the banking sector.
These reform efforts focused on the following main areas:
1- Strengthening ownership structures and governance frameworks, by enhancing transparency and accountability, through measures including the creation of diverse ownership structures, and ensuring independent oversight by boards of directors over operations and committees.
2- Raising the level and standards of service, by increasing access to basic financial services for all members of the Iraqi people, through enhancing efficiency, increasing the supply of products, and modernizing the infrastructure of the banking sector.
3- Harmonization and conformity with international standards, by imposing adherence to recognized frameworks and practices in the areas of combating money laundering and combating the financing of terrorism, as well as commitment to financial transparency in order to ensure smooth banking services and support businesses and citizens’ needs.
4- Enhancing financial flexibility, by enhancing the financial safety of Iraqi banks and setting strong requirements regarding capital and cash liquidity, to protect customer deposits and protect the economy in the face of local and international challenges.
This initiative comes within the framework of a broader strategy aimed at modernizing the banking sector, which the Central Bank of Iraq is currently developing in partnership with Oliver Wyman, a leading global management consulting firm. The ongoing reforms being implemented with government banks enhance the integration of this strategy, representing a turning point in the future of the Iraqi financial system.
The implementation details of these reforms will be presented later.
From this standpoint, the government and the Central Bank affirm the adoption of a common reform vision, which is to establish a modern, transparent and comprehensive banking system that supports the aspirations of the dynamic economy of the Iraqi state. link
Mot: . poor ole ""Earl"" -- the abuse!! – LOL
FRANK26….2-4-25…..SUNDAY…..LAWS PASSED
KTFA
Tuesday Night Conference Call
FRANK26….2-4-25…..SUNDAY…..LAWS PASSED
This video is in Frank’s and his team’s opinion only
Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
KTFA
Tuesday Night Conference Call
FRANK26….2-4-25…..SUNDAY…..LAWS PASSED
This video is in Frank’s and his team’s opinion only
Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
Seeds of Wisdom RV and Economic Updates Tuesday Evening 2-4-25
Good Evening Dinar Recaps,
BREAKING: DAVID SACKS’ VISION FOR DIGITAL ASSETS, EVERYTHING HE PROMISED IN HIS CRYPTO CONFERENCE
David Sacks, the newly appointed Crypto Czar, recently addressed the nation in a press conference, laying out the U.S. government’s strategy to become a global leader in the digital asset space.
Good Evening Dinar Recaps,
BREAKING: DAVID SACKS’ VISION FOR DIGITAL ASSETS, EVERYTHING HE PROMISED IN HIS CRYPTO CONFERENCE
David Sacks, the newly appointed Crypto Czar, recently addressed the nation in a press conference, laying out the U.S. government’s strategy to become a global leader in the digital asset space.
Clear Regulatory Framework for Digital Assets
The primary goal, as outlined by Sacks, is to develop a clear federal regulatory framework for the operation of digital assets, including stablecoins, within the U.S. This comes after years of uncertainty, with many crypto founders expressing frustration over unclear regulations from the Securities and Exchange Commission (SEC). Sacks said that clarity on the rules is the number one request he’s heard from industry leaders.
The Impact of Unclear Regulations
For years, crypto companies have faced arbitrary prosecutions, with some founders even being personally targeted, simply for engaging in the crypto space. According to Sacks, this lack of clarity led to many companies relocating their operations overseas. The new strategy aims to keep digital innovation on U.S. soil, ensuring that the country doesn’t miss out on the next wave of technology.
Promoting Innovation and Consumer Protection
Sacks said that having a regulatory framework in place will not only foster innovation but also improve consumer protection. By bringing these operations back onshore, it will be easier for regulators to monitor activities and separate good actors from bad ones.
Stablecoins and U.S. Dollar Dominance
Another key point Sacks discussed was the potential of stablecoins to bolster the global dominance of the U.S. dollar. He believes that digital assets could increase the usage of the dollar internationally, making it a key reserve currency and driving demand for U.S. Treasury bonds.
This could ultimately lead to lower long-term interest rates.. “This is a priority for the administration, and we’re committed to ensuring that America leads the way in digital assets,” Sacks concluded.
@ Newshounds News™
Source: Coinpedia
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WAR AGAINST CRYPTO NOT DEAD AS DIGITAL ASSET DEVELOPERS STILL BEING PROSECUTED: LAWYER JOHN DEATON
Digital asset lawyer and advocate John Deaton says the “war against crypto” isn’t dead despite the recent shift in US presidential administrations.
Deaton says on the social media platform X that there are still important cases going on even though Gary Gensler isn’t running the U.S. Securities and Exchange Commission (SEC) anymore.
The lawyer notes there is still an active case against Roman Storm, one of the founders of Tornado Cash, an Ethereum (ETH)-based coin mixing system that helps users conceal their digital asset transactions.
Storm was arrested in 2023 and slapped with charges related to allegedly laundering $1 billion in criminal proceeds, including hundreds of millions of dollars for the Lazarus Group, the sanctioned North Korean cybercriminal outfit. Storm’s trial is scheduled for April.
Deaton also points to the case against Keonne Rodriguez and William Lonergan Hill, the co-founders of the crypto mixer Samourai Wallet. Authorities arrested them last April for allegedly operating an unlicensed money-transmitting business that executed more than $2 billion in unlawful transactions.
The U.S. Department of Justice (DOJ) also alleges Samourai laundered more than $100 million worth of criminal proceeds.
Deaton notes both cases involve Section 1960 of Title 18 of the United States Code, which prohibits the operation of unlicensed money-transmitting businesses.
“Section 1960 requires money-transmitting businesses to register with FinCEN (Financial Crimes Enforcement Network).
In 2019, FinCEN published guidance around Section 1960 that caused almost everyone to believe that control over user funds is required in order to be considered engaging in a money-transmitting business.
Since, at least 2019, if not earlier, the crypto industry has believed that someone who develops software and that software operates without the developer touching the money that’s flowing through the software, the developer is NOT a money transmitter. Therefore, that developer would never need to get a license from the federal government and thus, never be required to submit reports to regulators.
But that is NOT the law, according to federal prosecutors at the DOJ. The DOJ’s interpretation in prosecuting Tornado Cash developer Roman Storm and the two developers of the Samourai Wallet is that the developers could be considered money transmitters under Section 1960 even if they never took or assumed control of any of the software’s users’ funds.”
Deaton says the cases are an “existential threat” to the decentralized finance (DeFi) sector.
“If Roman Storm is found guilty and loses a single day of his freedom, imagine the chilling effect it would have on the DeFi industry. DeFi scares both regulators and incumbent legacy players, there will be resistance to dismissing these cases. The fight continues.”
@ Newshounds News™
Source: DailyHodl
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TRUMP SAYS U.S. WILL TAKE OVER GAZA STRIP
WASHINGTON, Feb 4 (Reuters) - President Donald Trump said on Tuesday that the United States will take over and own the Gaza Strip, adding that "the same people" should not be in charge of rebuilding and occupying the land.
@ Newshounds News™
Source: Reuters
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More News, Rumors and Opinions Tuesday PM 2-4-2025
Ariel : The Green Light, Flip the Switch
2-4-2025
A Digital Asset Conference: The Green Light (Flip The Switch)
I am hearing that there is a big press meeting tomorrow by Chairman John Boozman House Financial Services Committee Chairman French Hill and House Agriculture Committee Chairman G.T. Thompson who will hosting.
Tuesday, February 4 at 2:30PM ET, to discuss how the Trump Administration and Congress will work together to secure America as a leader in the digital asset ecosystem. I think this will be the official kick off point. Because we now know Iraq is ready.
Ariel : The Green Light, Flip the Switch
2-4-2025
A Digital Asset Conference: The Green Light (Flip The Switch)
I am hearing that there is a big press meeting tomorrow by Chairman John Boozman House Financial Services Committee Chairman French Hill and House Agriculture Committee Chairman G.T. Thompson who will hosting.
Tuesday, February 4 at 2:30PM ET, to discuss how the Trump Administration and Congress will work together to secure America as a leader in the digital asset ecosystem. I think this will be the official kick off point. Because we now know Iraq is ready.
• Budget (Passed)
• Kurdistan Oil Agreement (Settled)
• Salaries Payments (Covered For The Year)
Which means the exchange rate has been inked. And once this digital conference takes place we should know where we stand in this investment. Because Paper/Digital are 1-1 parity. Everything will be tokenized.
Meaning USD will have a digital version RLUSD. Which will be equal in value. This is why it’s important to watch the development of the digital assets like XRP. Because Iraq will use this for international transactions.
You do not have to own digital currency in order to exchange your paper Iraqi Dinar. Once XRP becomes a part of the Strategic Reserve the value will go up in my opinion.
Majeed: Since Japan will use crypto as of today (it’s already Wednesday there) for Cross for the payment Sounds like tomorrow Trump will flip the switch for crypto …. Marking the beginning of the new financial system. IQD will follow suit
Chad Steingrabber: From Yoshitaka Kitao directly “XRP begins in Japan today”
I told you all that everything will be tokenized. I also showed you all last year that the Iraqi Dinar was paired to XRP. Now you know why we had to wait this long.
Everything will be on Blockchain. Which is what DOGE will use to record all payments in the US Treasury. So I do not know why Dems are crying about USAID being shutdown. It’s not like they would be able to use it anymore without the American people knowing what they are doing.
Tune in for some potential announcements tomorrow. We should be hearing major news on Digital Asset ecosystem. Donald Trump has a lot planned for the World Fair I presume and it will need some funding. So much innovation coming our way.
Source(s):
https://x.com/Prolotario1/status/1886460787553603882
https://x.com/Prolotario1/status/1886609683353354606
https://dinarchronicles.com/2025/02/04/ariel-prolotario1-the-green-light-flip-the-switch/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 It was Dr. Shabibi that said to our BlueStar, that's his user name, his name is John, when he met Dr. Shabibi at the United Nations...John asked Dr. Shabibi what do you need in order to bring back the value of your currency. After a long pause...he says, well John, my country needs security and stability to be able to bring back the value of our currency. The United Nations just declared it. The whole world knows it. Everybody you can think of, from IMF, World Bank, BIS, everybody is proclaiming the security and stability that is in Iraq. If you think that's by coincidence, you're wrong.
Militia Man Article quote: "Al-Sudani and Barzani welcome the passage of the budget law amendment while considering the vote on the law a very responsible step" Will they expose the results of this outcome...? I believe they will. They have yet to expose the...'23,'24,'25 budget tables...Even though we haven't seen it yet, is probably just not public information.
LIVE! FED INTERVENES! 10 YEAR YIELD DROPS AND STOCKS RISE. ECONOMY CRATERS FASTER AGAIN.
Greg Mannarino: 2-4-2025
Is No Income Tax Actually Going to Happen?
Heresy Financial: 2-4-2025
TIMECODES
00:00 Trump’s Income Tax Plan
01:17 Funding vs. Spending
01:38 Life Before 1913
02:25 Half Your Pay Gone
03:08 Where Does the Money Come From?
04:03 Slashing Taxes & Spending
05:17 Could Wealth Boom or Bust?
07:29 Borrowing & Inflation
10:00 Taxes vs. Inflation
11:28 Protecting Wealth & Final Thoughts
Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 2-4-25
Good Afternoon Dinar Recaps,
JUST IN: SENATOR HAGERTY INTRODUCES GENIUS ACT TO REGULATE STABLECOINS
In a latest development, FOX Business journalist Eleanor Terrett revealed in an X post that Senator Bill Hagerty is set to introduce legislation to establish a regulatory framework for stablecoins, representing the latest effort to promote crypto-friendly policies for an industry prioritized by Donald Trump. This signals clear regulations and a massive boost for stablecoin adoption in the U.S.
Good Afternoon Dinar Recaps,
JUST IN: SENATOR HAGERTY INTRODUCES GENIUS ACT TO REGULATE STABLECOINS
In a latest development, FOX Business journalist Eleanor Terrett revealed in an X post that Senator Bill Hagerty is set to introduce legislation to establish a regulatory framework for stablecoins, representing the latest effort to promote crypto-friendly policies for an industry prioritized by Donald Trump. This signals clear regulations and a massive boost for stablecoin adoption in the U.S.
Regulatory Framework For Stablecoins
The bill aims to create a clear regulatory framework for stablecoins, which are cryptocurrencies pegged to the US dollar or other stable assets. Supporters believe federal regulation will legitimize the asset class leading to broader adoption.
The bill is called the GENIUS (Guiding and Establishing National Innovation in U.S. Stablecoins) Act and aims to provide clear regulations for stablecoins.
The GENIUS Act sets rules for issuing stablecoin payments and requires backing with US currency, Treasury bills, Federal Reserve notes and other assets. Stablecoins are key in connecting crypto to traditional finance, according to the bill’s draft seen by Bloomberg.
She also shared the bill’s key points, based on Hagerty’s October draft. The bill sets clear rules for stablecoins, digital assets pegged to the U.S. dollar, ensuring stability in value.
Stablecoin issuers must meet specific licensing and reserve requirements to ensure they have sufficient backing. Issuers with over $10 billion in stablecoin assets will follow Federal Reserve rules, while smaller issuers will follow state regulations.
The bill aims to promote financial inclusion, make transactions more efficient, and strengthen the U.S. dollar globally.
Unleashing Innovation!
“My legislation establishes a safe and pro-growth regulatory framework that will unleash innovation and advance the President’s mission to make America the world capital of crypto,” Hagerty, a Tennessee Republican, noted in a statement.
Senators Kirsten Gillibrand, a New York Democrat, Tim Scott of South Carolina and Cynthia Lummis of Wyoming, both Republicans, are co-sponsoring the bill. The legislation also requires stablecoin issuers to provide audited monthly reports on the reserves backing their stablecoins. Falsifying reports would lead to criminal penalties.
Senate staffers expect the bill to move through committees quickly, and it will be discussed further in an upcoming press conference with David Sacks.
Trump’s Order Backs Dollar-Backed Stablecoins
Nonbank stablecoin issuers would be regulated by the Office of the Comptroller of the Currency, part of the Treasury Department. Last month, Trump signed an executive order encouraging the development of lawful, dollar-backed stablecoins globally.
The order also blocked further progress on a central bank digital currency, seen as a competitor to stablecoins.
While it set up a group to recommend a digital asset regulatory framework, the actual policy change would have to be approved by Congress. Both Democrats and Republicans are interested in regulating stablecoins.
@ Newshounds News™
Source: Coinpedia
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CONGRESS INVESTIGATES BANKING RESTRICTIONS ON CRYPTOCURRENCY COMPANIES
▪️Congress is examining restrictions on cryptocurrency banking access.
▪️Operation Choke Point 2.0 targets banking services for crypto firms.
▪️Investigation results may prompt new regulations for the industry.
On February 6, the U.S. Congress’s Financial Services Committee will scrutinize the Biden administration’s banking access restrictions imposed on cryptocurrency companies. This examination will focus on the political and financial implications of the initiative dubbed “Operation Choke Point 2.0.” Leaders and experts from the cryptocurrency sector will provide testimony during the hearing.
What is Operation Choke Point 2.0?
Operation Choke Point 2.0 is characterized by the obstruction of banking services for cryptocurrency firms. Unlike its predecessor from 15 years ago, this initiative targets political dissenters and technology startups. Some experts argue that these restrictions hinder the industry’s growth.
In the past four years, over 30 cryptocurrency companies have lost access to banking services. Marc Andreessen remarked, “This situation contradicts the principles of a free market.” Financial institutions cite risks associated with the cryptocurrency market as justification for these restrictions, while industry representatives claim the motivations are politically driven.
Objectives of the Investigation
The subcommittee will analyze the economic impact of the cessation of banking services on the cryptocurrency market. It will also investigate whether political pressure has influenced the decisions of financial institutions. Congress members are expected to request documentation from federal agencies and industry representatives during the session.
The U.S. House Oversight Committee is conducting a parallel investigation into the legal basis for financial access restrictions. Cryptocurrency companies highlight that current regulations disrupt innovative projects. The findings of the investigation are anticipated to lead to new regulations for the sector.
@ Newshounds News™
Source: Cointurk News
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Jaime Carrasco: Gold at the Heart of the New President's Agenda?
Jaime Carrasco: Gold at the Heart of the New President's Agenda?
Palisades Gold Radio: 2-3-2025
In this episode on Palisades Gold Radio, Tom Bodrovics welcomes back Jaime Carrasco. Jaime is Senior Portfolio Manager & Senior Investment Advisor at Harbourfront Wealth Management.
They discuss the global economic landscape and the significance of gold in today's context.
Carrasco expresses his belief that Trump's election and proposed policies could lead to a reset of debt and potential devaluation of US dollars held in treasuries around the world
Jaime Carrasco: Gold at the Heart of the New President's Agenda?
Palisades Gold Radio: 2-3-2025
In this episode on Palisades Gold Radio, Tom Bodrovics welcomes back Jaime Carrasco. Jaime is Senior Portfolio Manager & Senior Investment Advisor at Harbourfront Wealth Management.
They discuss the global economic landscape and the significance of gold in today's context.
Carrasco expresses his belief that Trump's election and proposed policies could lead to a reset of debt and potential devaluation of US dollars held in treasuries around the world
He emphasizes the importance of understanding history, as previous periods saw significant increases in dividends from gold mining companies during times of monetary instability.
Carrasco encourages investors to consider gold as a hedge against inflation, purchasing power loss, and political instability. He also recommends silver mining companies due to their current undervaluation compared to gold.
Central banks are increasingly buying gold as a safe haven asset, and Trump's actions are aimed at rebuilding America for Americans, possibly necessitating a full reset.
The location of US gold reserves and geopolitical issues like China's policy in Latin America, Europe's response to immigration, and the US-China-Russia alignment are significant sociological factors affecting the global economy.
Despite the current uncertainty, Jaime advocates for a decentralized world where nations can thrive and encourages investors to consider gold, silver, and Bitcoin as financial lifeboats.
Talking Points From This Episode
0:00 - Introduction
0:42 - Current World State
3:30 - S&P Bond Chart
10:12 - Gold Bonds & Treasury
15:45 - Free Cash Flow Chart
19:23 - Hyper Financial World
26:00 - Gold & Silver
31:02 - Silver Volatility
34:02 - Shelton & Blockchain
36:20 - Resource Sec. Valuations
38:13 - 40-Year Shift?
42:22 - A Financial Reset?
44:52 - Bonds in a Reset
46:22 - PMs & Tariff Risks
49:18 - A Double Edged Sword
51:53 - Trump Implementation
53:30 - European Problems
56:00 - Negotiating Peace?
1:02:09 - Surviving Inflation
1:04:10 - Wrap Up
News, Rumors and Opinions Tuesday 2-4-2025
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. 4 Feb. 2025
Compiled Tues. 4 Feb. 2025 12:01 am EST by Judy Byington
Global Currency Reset
Month of Feb: “The Plan Never Changed. It was Always February. The Chest Will Open Very Soon!” …John F. Kennedy Jr. on Telegram
Mon. 3 Feb. QFS set to Activate Worldwide
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. 4 Feb. 2025
Compiled Tues. 4 Feb. 2025 12:01 am EST by Judy Byington
Global Currency Reset
Month of Feb: “The Plan Never Changed. It was Always February. The Chest Will Open Very Soon!” …John F. Kennedy Jr. on Telegram
Mon. 3 Feb. QFS set to Activate Worldwide
Mon. 3 Feb. 2025 Jon Dowling: The shift has officially occurred! The key infiltrators within the Treasury that have help up our blessings have been (allegedly) officially removed. Once it’s confirm in the Iraqi Gazette concerning the gas law in Iraq has been passed, we’ll see the new rate come forth publicly. Just a matter of time at this point. Standby for victory after victory to commence!
Sun. 9 Feb. QFS set to become fully operational with intense military operations.
On Wed. 29 Jan. 2025 an Open Letter was (allegedly) published addressed to President Donald Trump and the US Congress asking them to recognize the Sovereign Nation of the Kingdom of Hawaii. There was (allegedly) 170,000 metric tons of Gold sitting in the Bank of Hawaii that cannot be used by any government entity until the Kingdom Nation is returned properly to The People. The request was accompanied by a plea to help the over 3,000 victims of the 2023 Kula and Lahaina Maui Hawaii Fires who remain homeless, many living on beaches since 2023. (Signed) Sir Don Kauli’a, Sovereign Regent, Kingdom of the Hawaiian Islands
Read full post here: https://dinarchronicles.com/2025/02/04/restored-republic-via-a-gcr-update-as-of-february-4-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Fnu Lnu The Dinar is now getting International attention. I was just on a conference call with a very small group of arbitrage experts based in Singapore...Imagine my surprise when the call mentioned Dinar and the second part of the call was about the Dinar...The good news? The moderator said the RV was completed, which many of us have believed but couldn't prove...The final steps of the RV are contingent upon the completion of the "Financial Integrity and Cross-Border Payments" training program... [Post 1 of 3....stay tuned]
Fnu Lnu The "Institute for Financial Integrity" (IFI) based in Washington DC, has announced an initiative aimed at enhancing Iraq's banking systems...in collaboration with the CBI and K2 Integrity, will provide training to the NBI (National Bank of Iraq). This will be a huge boost for the banking sector, provide essential training, and drive value. This training is vital to insure to the investing world, that Iraq is up to International standards. Though the RV is completed, this last important step is what is causing, what we perceive, as a delay. It is no delay at all. It is about how to distribute the funding. This also signals that we are now so close you can just smell the greenbacks as they are distributed, cross borders, to eagerly awaiting American Dinar investors. [Post 2 of 3....stay tuned]
Fnu Lnu This call was so information dense that I will have to listen to it several more times to digest all of the content. The function of revaluing the currency is completed. The rate is decided. All the numbers are calculated. What is left to do is to be trained on the physical task of properly distributing it. Crossing the T's and dotting the I's...We are so close now it is crazy. This training can be done in a matter of days. This is why the UST and others are in Iraq right now. This is all brand new ground and you are on the inside of this knowledge. [Post 3 of 3]
The Giant Credit Bubble & Why Gold Still Rules | Alasdair Macleod
Monetary Metals: 2-3-2025
Timecodes
00:00 Money vs. Credit
00:35 Is This the Biggest Bubble in History?
01:36 The Pin That Pops the Bubble
03:15 Credit Crunch: How Banks Are Rationing Loans
05:32 Governments in Debt Traps
07:22 Global Overleverage & Its Consequences
10:55 Equities & Real Estate: The Credit Illusion
12:00 Why Gold Stands Apart (No Counterparty Risk)
18:09 Can Currencies Survive This Debt Bubble?
21:00 Lightning Round: Alasdair’s Rapid-Fire Insights
Seeds of Wisdom RV and Economic Updates Tuesday Morning 2-4-25
Good Morning Dinar Recaps,
RIPPLE AND ISDA SET TO BEGIN FACILITATING THE $1.2 QUADRILLION DERIVATIVES MARKET
Ripple’s membership in ISDA and its strategic partnerships with BlackRock and JPMorgan reinforce the growing influence of digital assets in global finance.
Ripple has joined the prestigious International Swaps and Derivatives Association (ISDA) alongside BlackRock and JPMorgan. This strategic partnership positions XRP to facilitate the $1.2 quadrillion derivatives market, with global debt driving trillions into XRP.
Good Morning Dinar Recaps,
RIPPLE AND ISDA SET TO BEGIN FACILITATING THE $1.2 QUADRILLION DERIVATIVES MARKET
Ripple’s membership in ISDA and its strategic partnerships with BlackRock and JPMorgan reinforce the growing influence of digital assets in global finance.
Ripple has joined the prestigious International Swaps and Derivatives Association (ISDA) alongside BlackRock and JPMorgan. This strategic partnership positions XRP to facilitate the $1.2 quadrillion derivatives market, with global debt driving trillions into XRP.
The CryptoTradingFund (CTF) Payment Rewards system, already launched and onboarded by Amazon and Walmart, will further funnel trillions into the XRP Ledger, offering users CTF tokens as rewards for crypto transactions.
XRP’s Expansion into the Derivatives Market
Ripple’s entry into ISDA opens up significant opportunities for XRP in the $1.2 quadrillion derivatives market. With support from BlackRock and JPMorgan, XRP is poised to play a key role in cross-border payments on an unprecedented scale, showcasing the growing acceptance of blockchain in traditional finance.
This integration allows XRP to handle massive derivatives transactions more efficiently, positioning it as a crucial asset in mainstream financial systems.
The Role of CryptoTradingFund (CTF) in XRP’s Future
Ripple’s integration with ISDA enhances the XRP Ledger through the CryptoTradingFund (CTF), which rewards XRP users with CTF tokens for purchases at participating merchants. These tokens can be redeemed for fiat or used to buy goods and services, fostering greater interaction with digital assets.
With Amazon and Walmart already on board, the CTF Payment Rewards system is set to channel billions into the XRP Ledger, increasing adoption and value for XRP users.
CTF Framework Transaction Soars as Demand Increases
CTF token value has garnered significant attention, with projections suggesting it could rise from $1.02 to $748.98. The limited supply of CTF tokens, combined with growing demand from companies like Amazon and Walmart, could drive a massive increase in value. Experts predict that the CryptoTradingFund system could attract up to $9 trillion, impacting CTF token prices substantially.
With trillions flowing into the XRP Ledger, CTF tokens are poised for major growth, establishing a new financial ecosystem centered around Ripple’s blockchain.
The Future of XRP and Blockchain in Global Finance
Ripple’s collaboration with ISDA, BlackRock, and JPMorgan signals a new era for digital currencies in global finance. The ability to handle $1.2 quadrillion in derivatives transactions highlights blockchain’s transformative potential. XRP, along with CTF tokens, stands at the forefront of this financial revolution, offering a new framework for global payments and financial transactions.
Conclusion: A New Era for Digital Assets and Global Finance
Ripple’s membership in ISDA and its strategic partnerships with BlackRock and JPMorgan reinforce the growing influence of digital assets in global finance. With XRP set to facilitate trillions in derivatives transactions and the CTF Payment Rewards system offering innovative rewards, Ripple is well-positioned to shape the future of global finance.
As the XRP Ledger continues to evolve, the financial world is on the brink of a significant transformation, with Ripple at the heart of this blockchain-powered revolution.
@ Newshounds News™
Source: CryptoNewsLand
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XRP JUMPS 20% AMID SEC’S MAJOR POLICY CHANGE ON CRYPTO INVESTIGATIONS
On Monday, February 3, the U.S. Securities and Exchange Commission (SEC) implemented a new policy that could slow down its crypto-related investigations.
According to Reuters, sources familiar with the matter revealed that SEC lawyers are now required to get approval from politically appointed leadership before formally initiating probes.
This change marks a shift in the SEC’s previous procedures and comes under the agency’s new leadership following President Donald Trump’s administration.
Typically, the SEC is overseen by five commissioners, including the chair, though the commission currently operates with only three members — two Republicans and one Democrat. Commissioners are appointed by the president.
The agency recently saw the departure of former chair Gary Gensler and fellow Democrat Jaime Lizárraga. Currently, Acting Chair Mark Uyeda holds the position until Paul Atkins, nominated by Trump to be SEC chairman, is officially confirmed.
Reacting to the same, former SEC lawyer Marc Fagel wrote, “I was heavily involved in the policy allowing formal order authority to be delegated to the staff, enacted in the wake of the Madoff debacle. So for those whose response to Madoff was “the SEC should move more slowly,” this is great news.”
Amid this news, XRP surged by 19.90% in the last 24 hours, reaching a price of $2.71 after previously dropping to a low of $2.14 and peaking at $2.78. The initial dip in XRP’s value was driven by fears of a trade war following U.S. President Donald Trump’s announcement of high tariffs on Mexico, Canada, and China.
However, analysts now suggest that this drop may have created a solid foundation for a potential strong recovery in the coming days.
@ Newshounds News™
Source: Coinpedia
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“Tidbits From TNT” Tuesday Morning 2-4-2025
NT:
Iraqi Oil: Starting to deliver Kurdistan’s production to SOMO.. Procedures with Türkiye for export via Ceyhan
Iraqi Oil Minister Hayan Abdul Ghani announced on Monday, February 3, 2025, the start of procedures to deliver Kurdistan Region oil to the marketing company "SOMO", while indicating that there are government procedures towards exporting oil through the port of Ceyhan.
Abdul Ghani said in a press statement followed by "Al-Jabal", "The Ministry of Oil began its movements with the regional government by sending an official letter to deliver oil in a legal manner to the marketing company (SOMO)."
He pointed out that "there are procedures with the Turkish government to prepare the Iraqi-Turkish pipeline to export oil through the port of Ceyhan.
TNT:
Iraqi Oil: Starting to deliver Kurdistan’s production to SOMO.. Procedures with Türkiye for export via Ceyhan
Iraqi Oil Minister Hayan Abdul Ghani announced on Monday, February 3, 2025, the start of procedures to deliver Kurdistan Region oil to the marketing company "SOMO", while indicating that there are government procedures towards exporting oil through the port of Ceyhan.
Abdul Ghani said in a press statement followed by "Al-Jabal", "The Ministry of Oil began its movements with the regional government by sending an official letter to deliver oil in a legal manner to the marketing company (SOMO)."
He pointed out that "there are procedures with the Turkish government to prepare the Iraqi-Turkish pipeline to export oil through the port of Ceyhan.
Abdul Ghani explained that "the specified quantities are not less than 300 thousand barrels per day of the region's oil, delivered to the federal Ministry of Oil, to be exported via the Iraqi-Turkish pipeline link
Tishwash: Iraq and Jordan discuss work stages in joint border economic city
Prime Minister Mohammed Shia Al-Sudani received today, Monday, the Minister of Industry, Trade and Supply in the Hashemite Kingdom of Jordan, Yarub Al-Qudah, who confirmed the Jordanian government's support for Iraq's efforts to host the Arab Summit in Baghdad, scheduled for this year.
During the meeting, according to a statement by the Prime Minister's Office, a copy of which was received by {Euphrates News}, "the bilateral relations between the two countries were discussed, and ways to strengthen them in various economic and commercial fields, in addition to discussing mechanisms for developing industrial and commercial cooperation between Iraq and Jordan, in light of the work of the Iraqi-Jordanian Joint Trade Committee, as well as confirming cooperation between the Jordanian and Iraqi private sectors."
The meeting touched on the stages of work in the joint border economic city between Iraq and Jordan, which aims to enhance economic integration, stimulate investments and activate partnership, and the returns and benefits it will achieve for the two countries, especially with the continuation of work on the development road project, with its strategic axes and projects. link
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Tishwash: To discuss military and strategic files.. A "high-ranking" American official will visit Baghdad soon
An Iraqi government official reported on Monday that a high-ranking American official is about to visit Baghdad soon, and that preparations are underway for the visit, noting that the official will discuss the American presence in Iraq and the structuring of the relationship between the two countries.
The official told Shafaq News Agency, "Special preparations are now underway for a visit by a high-ranking American official to Baghdad in the coming period."
The official pointed out that "the file of the American presence in Iraq will be discussed in parallel with adjusting the rhythms of the region, in line with the recent changes in Syria, Lebanon and Gaza."
He said, "The American official will discuss the mechanism for restructuring the relationship between the United States of America, in addition to understandings in the areas of security and defense, along with files related to the US Federal Reserve."
It is noteworthy that Baghdad and Washington announced months ago an agreement stipulating the withdrawal of the US-led international coalition forces by September 2025.
The Washington Post quoted an Iraqi official as saying that he expected Iraq to request an extension of the stay of US forces, in light of the recent developments in the region following the fall of the Assad regime in Syria.
Since mid-October 2023, armed factions began targeting American bases in Iraq, coinciding with the Gaza War, as the factions announced that their targeting of American forces was in response to American support for Israel.
The previous escalation between the armed factions and America witnessed military responses from Washington, the latest of which was the bombing of the city of Al-Qaim, adjacent to the Syrian border. The US Central Command confirmed at the time that its forces launched air strikes in Iraq and Syria targeting sites of the Quds Force of the Iranian Revolutionary Guard Corps and its affiliated faction groups.
The command said that the US military forces struck more than 85 targets with many aircraft, including long-range bombers, launched from the United States.
The American responses to the targeting of the armed factions also included assassinations of leaders of those factions in the center of the capital, Baghdad, using guided and accurate missiles. link
Mot: . Sooooo Many ""Helpful Hints"" Ya gets frum da Internet!!!
Mot: and as Ya Season! - ""The Senility Prayer""
Seeds of Wisdom RV and Economic Updates Monday Evening 2-3-25
Good Evening Dinar Recaps,
CBOE TO LAUNCH 24-HOUR STOCK TRADING
Traditional exchanges are seeking to expand trading hours as 24/7 onchain trading gains momentum.
Cboe Global Markets, one of the world’s largest derivatives and securities exchanges, has tipped plans to roll out 24-hour per day trading on weekdays, according to a Feb. 3 announcement.
The planned change “aims to meet growing global customer demand for expanded access to U.S. equities markets,” the exchange said. It comes as real-world asset (RWA) tokenization platforms increasingly offer a 24/7 alternative to traditional securities markets.
Good Evening Dinar Recaps,
CBOE TO LAUNCH 24-HOUR STOCK TRADING
Traditional exchanges are seeking to expand trading hours as 24/7 onchain trading gains momentum.
Cboe Global Markets, one of the world’s largest derivatives and securities exchanges, has tipped plans to roll out 24-hour per day trading on weekdays, according to a Feb. 3 announcement.
The planned change “aims to meet growing global customer demand for expanded access to U.S. equities markets,” the exchange said. It comes as real-world asset (RWA) tokenization platforms increasingly offer a 24/7 alternative to traditional securities markets.
“We continue to hear from market participants globally – particularly those in Asia Pacific markets like Hong Kong, Japan, Korea, Singapore and Australia – that they want greater access to U.S. equities trading,” Oliver Sung, Cboe’s head of North American equities, said in a statement.
Sung said Cboe’s experience operating 24-hour exchanges in other markets means the exchange “can seamlessly support a 24x5 trading model for U.S. equities.” It plans to support 24-hour trading Monday through Friday, but not on weekends.
Cboe already offers nearly round-the-clock trading hours for certain derivatives, including S&P 500 Index options, and for its global forex markets.
Demand for extended trading hours
Other traditional US equities exchanges are also seeking to deliver round-the-clock trading for clients. In August, 24X National Exchange filed an amended application to US regulators to launch a securities exchange that could potentially bring 24/7 trading to cryptocurrency exchange-traded funds (ETFs).
In the US, spot cryptocurrency exchanges such as Coinbase operate continuously, but securities exchanges — where crypto ETFs are traded — only handle trades between 9:30 am and 4:00 pm Eastern Time.
Meanwhile, RWAs — tokens representing claims on assets such as stocks, bonds or real estate — surged in popularity after US President Donald Trump’s November election win ushered in a friendlier regulatory environment for cryptocurrencies.
Decentralized exchanges (DEXs) on blockchain networks enable 24/7 trading of RWA tokens
On Feb. 3, RWAs reached a cumulative all-time high of more than $17.1 billion across over 82,000 total asset holders, excluding the value of stablecoins, according to data from RWA.xyz.
RWAs could grow more than 50-fold by 2030, according to a Tren Financial report, which compiled predictions from financial institutions and consulting firms. They represent a $30-trillion market opportunity globally, Colin Butler, Polygon’s global head of institutional capital, told Cointelegraph in an interview.
The most popular RWA funds are the tokenized money market funds Hashnote Short Duration Yield Coin (USDY), BlackRock USD Institutional Digital Liquidity Fund (BUIDL) and Franklin OnChain US Government Money Fund (FOBXX). Tokenized money market funds collectively command more than $3 billion as of Feb. 3, according to RWA.xyz.
On Jan. 30, private equity firm Apollo Global Management said it had partnered with Securitize to launch a tokenized private credit fund.
@ Newshounds News™
Source: CoinTelegraph
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COINBASE CLO TO TESTIFY IN OPERATION CHOKEPOINT 2.0 HEARING
The first Operation Chokepoint 2.0 hearing is set to hold soon with Coinbase CLO Paul Grewal among the listed testifies
▪️Coinbase CLO to participate in Operation Chokepoint 2.0 hearing
▪️Anchorage and MARA Holdings CEO also joins the witness list
▪️Industry proponents sees the Chokepoint investigation as a major win
Paul Grewal, Coinbase Chief Legal Officer (CLO) is one of the testifiers at the forthcoming Operation Chokepoint 2.0 hearing with the Senate Banking Committee. Billed to take place later this week, Grewal will join other experts includes MARA Holdings CEO Fred Thiel in testifying against the crackdown on the crypto industry.
Operation Chokepoint 2.0 Hearing Witness List
It is worth noting that the hearing regarding the Operation Chokepoint 2.0 claims will be conducted by both the House and Senate respectively. As shared in an X post, the Coinbase CLO features in the witness list for both hearing set for February 6.
Besides Grewal, WSPN CEO Austin Campbell, Fred Thiel will participate in the House Financial Services Committee hearing. Per the update from, the lawmakers noted that more witnesses may still be added to the list.
For the Senate Banking GOP hearing, Nathan McCauley, the founder and CEO of Anchorage Digital will also take part in the hearing. In addition, Stephen Gannon from Davis Wright Tremaine LLP, Mike Ring from Old Glory Bank and Aarond Klein from the Brookings Institution will also take part.
As the Coinbase CLO noted, the lawmakers’ hearing will conduct an “oversight hearing looking into the past clandestine and undemocratic campaign to cut off crypto from banking.”
Coinbase CLO and Industry Leaders Have a Lot to Say
Just like Anchorage Digital, Coinbase also suffered from the impacts of the Operation Chokepoint 2.0. Over the past few weeks, the exchange has uncovered Letters from the US FDIC that shows the role played by the Federal Deposit Insurance Commission (FDIC) in the chokepoint agenda.
Per the content of the unredacted documents, the FDIC instructed banks to cut financial services for the crypto industry. With Paul Grewal running the legal team that got these unredacted files from FDIC in a legal battle, he might shed many insight in the hearing.
Anchorage Digital also potentially faced the Operation Chokepoint as a broad-based financial services provider in the industry. With claims of crackdown in the Bitcoin mining sector, Fred Thiel may also be an invaluable witness in the hearing.
Operation Chokepoint 2.0: Promises Kept
Prior to his election victory, President Donald Trump promised that the war on crypto will be over under his tenure. The appointed Crypto and AI Czar Davids Sacks promised to probe Chokepoint claims from industry leaders.
Also, Rep French Hill also made similar promises in December with confirmation that Reps will investigate the claims in January. Crypto proponents have celebrated the move by the current administration to check regulatory agencies’ excesses.
@ Newshounds News™
Source: CoinGape
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ONDO FINANCE LAUNCHES ONDO NEXUS TO EXPAND TOKENIZED TREASURY
Ondo Finance has introduced Ondo Nexus, a new initiative aimed at enhancing liquidity for tokenized Treasuries through expanded issuer partnerships and 24/7 redemption capabilities.
The Nexus leverages OUSG’s instant minting and redemption features to provide third-party issuers with improved liquidity for tokenized Treasuries, or “yieldcoins.”
The initiative expands OUSG’s backing to include tokenized Treasuries from Franklin Templeton, WisdomTree, Wellington Management, and Fundbridge Capital.
Additionally, Ondo Nexus integrates liquidity from existing partners like BlackRock and PayPal.
Nathan Allman, CEO of Ondo Finance, said that Ondo Nexus represents a significant advancement in tokenized Treasuries and the broader real-world asset category, emphasizing that by diversifying eligible collateral, they are developing modular infrastructure that enables shared redeemability of tokenized Treasuries to stablecoins across various products.
Ondo Finance is the only tokenized Treasury provider offering 24/7 redemptions at no cost to investors. Currently, OUSG allows redemptions against USDC, with PayPal USD expected to be added soon.
Ondo Nexus will enable seamless redemption of tokenized Treasuries from partner issuers into various stablecoins, further enhancing the asset class’s liquidity and utility.
The tokenized Treasuries sector has grown rapidly, surpassing $3 billion in total value locked in 2024. With Ondo Nexus, Ondo Finance aims to strengthen onchain financial infrastructure, bridging the gap between traditional finance and decentralized finance.
@ Newshounds News™
Source: Crypto News
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