Economics, Gold and Silver DINARRECAPS8 Economics, Gold and Silver DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Friday Morning 3-14-25

Good Morning Dinar Recaps,

TRUMP FAMILY ALLEGEDLY IN TALKS TO ACQUIRE BINANCE US STAKE AS CZ ‘SEEKS’ PARDON – REPORT

A recent report alleges that the Trump Family has been in talks to take a stake in crypto exchange Binance’s US arm, which could facilitate the company’s return to the country. Simultaneously, the exchange’s co-founder, Changpeng Zhao, also known as “CZ,” has allegedly been “pushing” for a pardon from the Trump administration
.

Good Morning Dinar Recaps,

TRUMP FAMILY ALLEGEDLY IN TALKS TO ACQUIRE BINANCE US STAKE AS CZ ‘SEEKS’ PARDON – REPORT

A recent report alleges that the Trump Family has been in talks to take a stake in crypto exchange Binance’s US arm, which could facilitate the company’s return to the country. Simultaneously, the exchange’s co-founder, Changpeng Zhao, also known as “CZ,” has allegedly been “pushing” for a pardon from the Trump administration
.

Trump Family In ‘Deal Talks’ For Binance US Stake?

On ThursdayThe Wall Street Journal (WSJ) reported that representatives of US President Donald Trump’s family have held talks to acquire a financial stake in Binance US since 2024According to people familiar with the matter, the talks allegedly began as part of the global exchange’s plan to return to the US.

Binance reportedly contacted Trump’s camp, offering a business deal with the Presidential Family. The company “began exploring a return to the U.S. market last year around the time of Trump’s election win” and “told people it was willing to make a deal with Trump’s company and wanted to eliminate its legal problems,” the report states.

However, it was unclear how the Trump family stake would come together if they struck a deal. The WSJ sources said the options included the deal going through the Trump family crypto venture, World Liberty Financial (WLF).

Moreover, Steve Witkoff, the United States Special Envoy to the Middle East, was seemingly involved in the deal talks. Witkoff is a co-founder of WLF, but a Trump administration official denied any involvement, adding that he is “in the process of divesting from his business interests.

The report claims that “After Trump won, Binance set up a working group under CEO Richard Teng, which included senior legal and compliance staff, to assess options. Executives knew that Zhao’s conviction complicated any return, as it would be difficult to sign up new commercial partners in the U.S. with a felon as a majority shareholder.”

As a result, the company executive “saw a potential legal playbook in the saga of Justin Sun,” who recently had the Securities and Exchange Commission (SEC) pause its lawsuit against him. This route consisted of “a cash infusion into World Liberty Financial in exchange for a pardon for Zhao,” the sources told the news media outlet.

CZ Denies Claims Of “Pushing” For A Pardon

The report also stated that Changpeng Zhao, Binance’s co-founder and largest stakeholder, has been “pushing for the Trump administration to grant him a pardon” amid the deal talks, which allegedly continued after the US President’s inauguration.

The news caused outrage among several crypto investors, who considered the potential financial deal for a pardon “the cherry on top” of the recent TRUMP and MELANIA memecoin controversies.

CZ responded to the reportdenying the allegations. In an X post, he stated, “The WSJ article got the facts wrong.” He explained that over 20 people informed him they had been asked to confirm the “deal for a pardon” by the WSJ and other media outlets.

According to the Binance founder, he has not discussed a Binance US deal with anyone but noted, “No felon would mind a pardon, especially being the only one in US history who was ever sentenced to prison for a single BSA charge.

To him“they tried hard to make a story to report,” while the article feels like “an attack on the President and crypto, and the residual forces of the ‘war on crypto’ from the last administration are still at work.”

Meanwhile, Bloomberg reported on Thursday that WLF “has discussed doing business with the world’s largest digital-asset exchange, Binance Holdings Ltd., according to four people with knowledge of the talks.

The article stated that it is unclear what stage these discussions reached but included the possibility of the crypto exchange developing a US-backed stablecoin with the Trump Family’s crypto venture.


@ Newshounds News™
Source:  
Bitcoinist

~~~~~~~~~

BRAZIL TO PUSH CRYPTOCURRENCY AS A PRIORITY FOR INTERNATIONAL BRICS TRADE

Brazil will push crypto initiatives, including a blockchain payment system, to expedite international trading as part of its presidency at BRICS this year. Local media stated this would be a priority for the South American giant’s plans for the organization.

Brazil to Push Hard for Crypto Implementation in BRICS Trade


The agenda of Brazil as president 
of the BRICS bloc will feature an unlikely topic: crypto
Brazilian authorities are preparing to introduce proposals for the organization to consider cryptocurrency as a solution for international settlements both inside and outside the bloc.

Local journal “O Globo” noted that this topic would be a priority as Brazil is now the President of BRICS, taking the mantle from RussiaThe proposal would support the need to expedite financial transactions among group members, and reduce the dependence on foreign currencies like the U.S. dollar.

While the idea of a BRICS common currency was floated before, with economists like Jim Rickards predicting it would leverage gold to undermine the dollar, this has not been suggested. Instead, BRICS is focusing on designing an efficient payment system to make use of digital national currencies or even stablecoins, which are already being used in international settlements, though informally.

President Donald Trump opposed the BRICS currency ideaproposing a 100% tariff regime if the organization abandoned the U.S. dollar for a new currency, defending the dollar’s role as the world’s trading coin.

Brazil could also present a system like Pixthat uses different networks and systems based on fiat currencies. Nonetheless, this might raise worries about the sovereignty and independence of the system, as fiat currencies might be subject to different regulatory standards.

Russian officials have confirmed that BRICS is indeed taking this as a priorityhosting talks to determine the best course of action in this regardLast monthRussian Foreign Minister Sergey Lavrov stressed that President Luis Inacio Lula Da Silva had taken the initiative in this field, examining the creation of a so-called transborder payment initiative, the creation of a reinsurance company, and the BRICS Clear settlement and depositary infrastructure.

@ Newshounds News™
Source:  
BitcoinNews

~~~~~~~~~

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Thursday Evening 3-13-25

Good Evening Dinar Recaps,

BREAKING XRP NEWS: SEC REVEALS SWIFT REPLACEMENT WITH XRP!

Big news is shaking up the financial world! The Securities and Exchange Commission (SEC) just dropped a bombshell by publishing a document that suggests the potential replacement of the SWIFT system with XRP. This could be a game-changer for international money transfers and the entire banking system. Let’s dive into what this means and why it matters.

Understanding the SWIFT System

First off, let’s discuss what SWIFT is. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has been the backbone of international banking for decades.

Good Evening Dinar Recaps,

BREAKING XRP NEWS: SEC REVEALS SWIFT REPLACEMENT WITH XRP!

Big news is shaking up the financial world! The Securities and Exchange Commission (SEC) just dropped a bombshell by publishing a document that suggests the potential replacement of the SWIFT system with XRP. This could be a game-changer for international money transfers and the entire banking system. Let’s dive into what this means and why it matters.

Understanding the SWIFT System

First off, let’s discuss what SWIFT is. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has been the backbone of international banking for decades.

It allows banks and financial institutions to send and receive information about financial transactions in a secure and standardized way. However, with the rise of blockchain technology and cryptocurrencies, there have been increasing calls for a more efficient system.

What is XRP?

XRP is a digital currency created by Ripple Labs, designed specifically for fast and low-cost international transactions. Unlike Bitcoin, which can take several minutes to confirm a transaction, XRP transactions are settled in just a few seconds. This speed and efficiency make it a strong contender for replacing traditional systems like SWIFT.

Why the SEC’s Document is Significant


The SEC’s recent publication is significant for multiple reasons. First, it indicates a shift in perception within regulatory bodies about the use of cryptocurrencies in mainstream finance. By mentioning XRP as a potential replacement for SWIFT, the SEC is acknowledging the growing influence of digital currencies and their capacity to transform the financial landscape.

Potential Benefits of Replacing SWIFT with XRP

Imagine conducting cross-border transactions without the delays and high fees associated with traditional banking systems. Replacing SWIFT with XRP could lead to:

Faster Transactions: As mentioned earlier, XRP processes transactions in seconds, which is a massive improvement over SWIFT’s typical processing times.
Lower Costs: Transaction fees for using XRP are significantly lower than those associated with SWIFT, which could save banks and consumers money.

Increased Accessibility: With XRP, individuals and businesses without access to traditional banking systems may find it easier to engage in international trade.

Challenges Ahead

While the prospects of replacing SWIFT with XRP are exciting, there are challenges to consider. Regulatory hurdles remain a significant concern. The SEC and other regulatory bodies will need to establish clear guidelines for how cryptocurrencies can be used in traditional finance.

Additionally, banks and financial institutions would need to invest in new technology to support XRP transactions, which could be a barrier to adoption.

The Future of International Transactions
As we look to the future, the idea of integrating XRP into the global financial system is becoming more viable. The SEC’s document is a pivotal step toward legitimizing the use of cryptocurrencies in mainstream finance. If XRP can effectively replace SWIFT, it could lead to a more efficient, transparent, and equitable global financial system.

Community Reactions


The community’s reaction to this news has been overwhelmingly positive. Many XRP enthusiasts are expressing their excitement on social media platforms, envisioning a future where XRP is widely accepted for international transactions. As JackTheRippler tweeted, the implications of this announcement could be massive for holders of XRP and for the crypto market as a whole.

Conclusion: What’s Next?

So, what’s next? The world will be closely watching how the SEC navigates this groundbreaking moment in financial history. Will other countries follow suit? What will be the response from traditional banks? The possibilities are endless, and it’s clear that the landscape of international finance is evolving rapidly.

In the meantime, it’s essential for investors and consumers to stay informed. The potential shift from SWIFT to XRP could redefine not just how we think about money, but also how we interact with the global economy. As always, do your research and stay updated on the developments surrounding XRP and the SEC’s ongoing activities.

@ Newshounds News™
Source: 
TrendsNewsLine

~~~~~~~~~

US LAW ENFORCEMENT CONFISCATES 749 BITCOIN TIED TO DECADE-OLD SILK ROAD CRIMES

U.S. authorities seized approximately 749 Bitcoin, valued at $62.5 million, tied to a Silk Road drug trafficking and money laundering operations, according to a March 12, 2025, Forbes report.

Silk Road Legacy Continues: $62.5M Bitcoin Seized in Latest Crackdown

The seizure, ordered by the U.S. Attorney for the Western District of Texas, targeted assets connected to two unnamed individualsa former Silk Road drug vendor and an accomplice who laundered proceeds through cryptocurrency exchanges. Alongside bitcoinForbes reported that authorities confiscated hundreds of thousands in foreign currencies, gold coins, and bars.

The illicit funds were traced to transactions on Silk Road, a dark web marketplace shuttered in 2013 after its founder was arrested.

Despite its closure, law enforcement has continued recovering digital assets tied to the platform. The recent operation marks the latest in a series of seizures, including a record multi-billion-dollar bitcoin confiscation in 2021.

Investigators uncovered the operation after the suspects moved bitcoin from Silk Road through multiple accounts and converted it to cash via the now defunct peer-to-peer platform Localbitcoins.

Suspicious deposits flagged by Gemini, a U.S.-based cryptocurrency exchange, alerted authorities, enabling the seizure through a civil forfeiture action.

The case shows law enforcement’s advancing ability to trace cryptocurrency transactions, even years after crimes occur. The report stressed that blockchain analysis, combined with cooperation from exchanges implementing anti-money laundering protocols, played a critical role. Gemini’s involvement highlights exchanges’ evolving role in combating financial crimes.

Silk Road, once a hub for anonymous drug sales using bitcoin, generated an estimated 9.5 million bitcoin in sales before its shutdown.

While its founder Ross Ulbricht has been fully pardoned, the Forbes report said that authorities remain committed to pursuing residual assets.

This seizure aligns with broader efforts to deter dark web activity by demonstrating that crypto gains are not beyond reach.

The $62.5 million recovery adds to over $4 billion in Silk Road-linked assets seized since 2013. Proceeds from such actions often fund victim compensation or law enforcement initiatives. Experts note the operation reinforces the dual realities of cryptocurrency: its potential for anonymity and its vulnerability to forensic scrutiny.

No criminal charges have been filed against the individuals involved, suggesting the investigation remains activeThe U.S. Department of Justice has yet to comment on potential further actions.

@ Newshounds News™
Source:  
Bitcoin News

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

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Follow the Timeline 

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Gold and Silver, Economics Dinar Recaps 20 Gold and Silver, Economics Dinar Recaps 20

The #1 Asset for Market Crashes—Do You Own It?

The #1 Asset for Market Crashes—Do You Own It?

Gold has long been considered one of the best hedges against economic downturns due to its unique properties and historical performance.

Here’s a detailed explanation, backed by numbers and facts, of why gold is a reliable safe-haven asset:

Gold’s Performance During Economic Crises

2008 Financial Crisis: During the global financial crisis, gold prices surged as investors sought safety. From November 2007 to March 2009, the S&P 500 fell by approximately 56%, while gold prices rose by about 25%.

The #1 Asset for Market Crashes—Do You Own It?

Gold has long been considered one of the best hedges against economic downturns due to its unique properties and historical performance.

Here’s a detailed explanation, backed by numbers and facts, of why gold is a reliable safe-haven asset:

Gold’s Performance During Economic Crises

2008 Financial Crisis: During the global financial crisis, gold prices surged as investors sought safety. From November 2007 to March 2009, the S&P 500 fell by approximately 56%, while gold prices rose by about 25%.

COVID-19 Pandemic (2020): In the early stages of the pandemic, global markets experienced a sharp sell-off. Gold initially dropped due to a liquidity crunch but quickly rebounded. From March 2020 to August 2020, gold prices rose by over 35%, reaching an all-time high of $2,075 /oz in August 2020.

1970s Stagflation: During the stagflation period of the 1970s (high inflation and stagnant economic growth), gold prices skyrocketed. From 1971 to 1980, gold prices increased by over 2,300%, from $35/oz to apeakof850 /oz.

Gold as a Hedge Against Inflation

Gold is often seen as a store of value during periods of high inflation. Unlike fiat currencies, which can lose value due to excessive money printing, gold maintains its purchasing power over time.

Example: During the high inflation years of the 1970s, the U.S. dollar lost significant value, but gold prices surged. From 1971 to 1980, the U.S. inflation rate averaged 7.1% annually, while gold prices increased by an average of 30% per year.

2021-2023 Inflation Surge: In 2021-2022, global inflation spiked due to supply chain disruptions and post-pandemic recovery. Gold prices remained resilient, averaging $1,800−$2,000/oz, as investors turned to gold to protect against eroding purchasing power.

Gold’s Low Correlation with Other Assets

Gold has a low or negative correlation with stocks and bonds, making it an effective diversifier in a portfolio. During economic downturns, when equities and other risk assets typically decline, gold often performs well.

Correlation Data:

Gold vs. S&P 500: Historically, the correlation between gold and the S&P 500 has been close to zero or slightly negative.

Gold vs. U.S. Treasuries: Gold’s correlation with bonds is also low, making it a complementary asset in a diversified portfolio.

Gold’s Role in Currency Devaluation

Gold is priced in U.S. dollars, so when the dollar weakens, gold prices tend to rise. This makes gold a hedge against currency devaluation.

Example: From 2001 to 2011, the U.S. dollar index (DXY) fell by approximately 33%, while gold prices rose by over 600%, from around $250/oz to a peak of $1,920/oz in 2011.

Central Bank Demand for Gold

Central banks around the world hold gold as part of their reserves to diversify away from fiat currencies and reduce reliance on the U.S. dollar. This institutional demand supports gold prices during economic uncertainty.

Fact: In 2022, central banks purchased 1,136 tons of gold, the highest level of annual demand since 1950. This trend continued into 2023, with central banks adding 228 tons of gold in Q1 alone.

Gold’s Long-Term Performance

Over the long term, gold has consistently preserved wealth and outperformed many other asset classes during periods of economic instability.

Fact: From 1971 (when the gold standard was abandoned) to 2023, gold prices have increased from $35/oz to over $1,900 /oz, representing an annualized return of approximately 7.8%.

Gold’s Liquidity and Universality

Gold is a highly liquid asset that can be easily bought or sold in global markets. It is universally recognized as a store of value, making it a reliable hedge in times of crisis.

Fact: The global gold market is one of the largest and most liquid markets, with an average daily trading volume of over $150 billion.

Gold’s Performance During Geopolitical Crises

Gold tends to perform well during geopolitical tensions or conflicts, as investors seek safety.

Example: During the Russia-Ukraine war in 2022, gold prices surged to $2,070 /oz in March 2022 as investors fled to safe-haven assets.

Why Gold is a Top Hedge

Preserves Wealth: Gold maintains its value over time, especially during inflation and currency devaluation.

Performs Well in Crises: Gold has historically risen during economic downturns, stock market crashes, and geopolitical tensions.

Diversifies Portfolios: Its low correlation with other assets reduces overall portfolio risk.

Central Bank Support: Institutional demand for gold provides a strong floor for prices.

Liquidity and Universality: Gold is easy to trade and recognized globally as a store of value.

Key Numbers to Remember:

2008 Financial Crisis: Gold rose 25% while the S&P 500 fell 56%.

1970s Stagflation: Gold surged 2,300% from $35 to $850/oz.

2020 Pandemic: Gold hit an all-time high of $2,075 /oz.

Central Bank Demand: Over 1,100 tons of gold purchased in 2022, the highest since 1950.

Gold’s historical performance and unique characteristics make it one of the best hedges against economic downturns, inflation, and market volatility. Including gold in your portfolio can help protect your wealth during uncertain times.  LINK

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More News, Rumors and Opinions Thursday PM 3-13-2025

Ariel : We are on the Cusp of a Revamp of Civilization

Watcher.Guru:  JUST IN: SEC preparing to end lawsuit against Ripple $XRP.

What did we all cover on this topic?

Do you know how your entire world is about to change forever once this happens?

We are on the cusp of a revamp of civilization as we know it. And you all are witnesses this 1st hand.

Ariel : We are on the Cusp of a Revamp of Civilization

Watcher.Guru:  JUST IN: SEC preparing to end lawsuit against Ripple $XRP.

What did we all cover on this topic?

Do you know how your entire world is about to change forever once this happens?

We are on the cusp of a revamp of civilization as we know it. And you all are witnesses this 1st hand.

You have every right to be excited about this. We are moving away from the archaic banking predatory practices.

You will be dealing with a Peer-to-Peer financial traction that will eliminate the middle man.

And you can do this with a 24 hour financial system that takes no breaks or some drawn out process to transfer money while the banks play around with it.

This is amazing news for all of us. We should be seeing Iraq make their moves very soon. I think this is on schedule to happen tomorrow.

Glitch The Yorkie:  We are standing at the edge of an economic paradigm shift—one that decentralizes power, eliminates unnecessary friction, and hands financial sovereignty back to the people. The death grip of archaic banking systems is loosening, and what comes next is nothing short of revolutionary. A peer-to-peer, 24/7 financial ecosystem isn’t just an upgrade; it’s a full-scale liberation from institutional control. If Iraq moves forward as expected, this could be the catalyst that ignites a global financial transformation. Stay sharp—history is unfolding in real time.

https://dinarchronicles.com/2025/03/12/ariel-prolotario1-we-are-on-the-cusp-of-a-revamp-of-civilization/

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

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

Frank26  [Iraq boots-on-the-ground report]  FIREFLY: Television is saying...there will be another meeting...Why they keep having these meetings?  FRANK:  IMO they have agreed upon a target date of when to show the new exchange rate.  IMO right now what Mr. Sammy's bank is doing is applying a new software...that deals with foreign currency.  Because your currency must be recognized by the world.  Your new Iraqi dinar will be one of a few currencies that will turn.  This software is being presented to all the banks...exchange centers in preparation...

Walkingstick [Iraqi bank friend Aki update]  AKI: Busy, very busy.  We are finishing up a training on a new software that we have applied to all of our banks.  Here, my private bank is also now being part of it.  This software is called multi-currency sync software.  The purpose of this software is to update the world, the banks, Forex, everybody that will need to know this, to update them on the new currency that we will be purring out...It is going to include the pictures of the lower denominations... WALKINGSTICK:  Hasn't this software been around for a while?  AKI:  Yeah, but this is a new updated software...We're pretty much done with this.  We've been at it for a long time.

Gold & Silver Prices Skyrocket: Is the Financial System on the Brink of Collapse?

Wall Street Bullion:  3-13-2025

Gold Price & Silver Price are skyrocketing this week! Will Gold hit $3,000? Why is this happening?!? Is central bank collapse imminent? Florian Grummes joins us to discuss gold & silver prices that are set to skyrocket!

https://www.youtube.com/watch?v=G_eQVvZxH9w

LIVE! YES... ITS WAY WORSE THAN WE THINK! (AND WITH THAT, BE READY FOR ANYTHING).

Greg Mannarino:  3-13-2025

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

 

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Seeds of Wisdom RV and Economic Updates Thursday Afternoon 3-13-25

Good Morning Dinar Recaps,

SENATE BANKING COMMITTEE VOTES TO ADVANCE STABLECOIN BILL, COLLECTING SUPPORT FROM BOTH DEMOCRATS AND REPUBLICANS

▪️The bill would establish a regulatory framework for stablecoins and create standards for when stablecoin issuers would be regulated by the state or the federal government.

▪️Some Democrats, including Sen. Elizabeth Warren, have expressed unease toward the bill.

Good Afternoon Dinar Recaps,

SENATE BANKING COMMITTEE VOTES TO ADVANCE STABLECOIN BILL, COLLECTING SUPPORT FROM BOTH DEMOCRATS AND REPUBLICANS

▪️The bill would establish a regulatory framework for stablecoins and create standards for when stablecoin issuers would be regulated by the state or the federal government.

▪️Some Democrats, including Sen. Elizabeth Warren, have expressed unease toward the bill.

The Senate Banking Committee voted to advance a monumental stablecoin bill, advancing it to the full Senate and gaining support from Democrats along the way.

Introduced in February by Sen. Bill Hagerty, R-Tenn., the "GENIUS Act" (Guiding and Establishing National Innovation for US Stablecoins) aims to create a regulatory framework for stablecoins, defining when issuers fall under state or federal oversight. It has bipartisan support from Democratic Sens. Angela Alsobrooks of Maryland and Kirsten Gillibrand of New York.

 .  Democrats Sens. Mark Warner and Andy Kim were among others to support the bill

"The GENIUS Act is a bipartisan step forward in ensuring stablecoins are safe and reliable tools in the financial system," said Senate Banking Committee Chair Tim Scott, R-S.C., at the beginning of Thursday's markup.

A handful of lawmakers in Washington have worked on a bill to regulate stablecoins for years, but those efforts, like other crypto-related bills to regulate the industry, have not come to fruition.

 Now, almost two months into Donald Trump's presidency, Congress is seemingly prioritizing crypto, including investigating claims of industry-wide debanking and repealing the controversial "DeFi Broker rule."

Work is also underway in the House to regulate stablecoins. Though the GENIUS Act is not a companion to the House's version, lawmakers say it shows an effort among Republicans to work on key issues.

The GENIUS Act has garnered support from some in the crypto industry, including the Blockchain Association which called the bill "a thoughtful step forward for commonsense, response guardrails for stablecoin innovation," in a post on X on Wednesday.

On the other side of the aisle, some Democrats have expressed unease toward the GENIUS ActSen. Elizabeth Warren's staff circulated a memo outlining their opposition to the bill, which they say "fails" to protect consumers, competition and national security, according to Politico. The memo also includes arguments that the bill would allow firms, such as big tech companies, to issue their own currencies, Fortune reported.

Warren offered several amendments on Thursday, including one involving firms being able to issue their own stablecoins. Big tech billionaires like Elon Musk could use their own currencies to compete with the U.S. dollar, Warren said.

"My most pressing concern is Elon Musk's attempt to build an empire that rivals the power of most nation states," Warren later added.

In the past, some Democrats have been critical of companies' previous plans to launch a stablecoin. Meta Platforms, formerly Facebook, looked to launch stablecoin Libra, later renamed Diem, a few years ago, but quickly prompted concern among regulators and lawmakers who were hesitant about a stablecoin with ties to the social media company.

The committee voted 13-11, therefore not agreeing to Warren's amendment.

Tensions flare

Sen. Catherine Cortez Masto raised concerns over Democrats showing up to the markup and holding a quorum for the committee but not Republicans.

"We're taking the time to talk about our amendments, but there's no debate," the Nevada Democrat said. "And there's some very good amendments here by the way, and I'm hopeful that we have a good product coming out of here, but it is the Democrats now holding the quorum here instead of the Republicans."

Cortez Masto called the bill a "great startbut said it was not ready for prime time.

"There are many that want to provide a good product at the end of the day, but it looks like to me — the die is already cast, you get what you get," she said.


Sen. Warren called the markup a "show trial" and criticized the lack of debate. However, Warren also showed willingness to work on the bill and said it had a "strong base
."

"This feels like show trial here that we get up and we read our little part about each of the amendments and the Republicans, clearly a majority of the Republicans have already decided their vote without even hearing anyone make an argument for why this might be an amendment that would be appropriate for this bill," Warren said.

Sen. Bill Hagerty, one of the authors of the bill, countered and said the bill had gone through a "very robust bipartisan process."

"We're going to continue to work to improve this," he said. "I've already acknowledged my willingness to do that here today to the extent that there are additional technical corrections, or in many cases, valid issues are being raised that I think are far more appropriate for a market structure piece of legislation."

In the HouseRep. Stephen Lynch, D-Mass.criticized the GENIUS Act on Tuesday during a hearing focused on stablecoins and said it needed to be amended "vigorously."

"I read the GENIUS Act over in the Senate — I'm a little weary about anything called genius coming out of the United States Senate — but there were so many problems with that and I'm hopeful, hopefully my colleagues, Mr. Hill, and others will amend that vigorously because it had huge, huge problems," Lynch said

@ Newshounds News™

Source:  The Block

~~~~~~~~~

TREASURY MET WITH THREE CRYPTO FIRMS TO DECIDE CUSTODY OF BITCOIN RESERVE

Firms including Anchorage Digital are advising the U.S. government on best practices for safeguarding billions of dollars worth of crypto assets.

The U.S. Treasury Department held meetings this week with top executives from three crypto custody firms to discuss safeguarding the country’s Strategic Bitcoin Reserve
, sources familiar with the matter told Decrypt.

Anchorage Digital was one such custodian that met with Treasury Department officials on Monday, according to multiple sources with direct knowledge of the matter.

When asked about the meeting, Anchorage CEO Nathan McCauley told Decrypt that government officials asked him detailed questions about best practices for custodying a national Bitcoin reserve and digital asset stockpile. McCauley said the officials also inquired about how custody could impact stablecoins and market structure, two hot-button topics currently before Congress.

The Treasury Department is asking all the right questions,” the Anchorage CEO told Decrypt. “It’s clear that Treasury officials are treating this move into the digital asset space with care, recognizing that the United States is quite literally writing history.”

The Treasury Department did not respond to a request for comment on this story.


A Capitol Hill source with knowledge of the meetings told Decrypt the Treasury Department is in the early stages of figuring out how best to tackle questions of security involved in the U.S. government indefinitely holding billions of dollars worth of digital assets.  

I don't think they have a view yet, and they're trying to figure out what their view is going to be,” they said. “But they are actively seeking additional information from industry participants on the best way to custody the strategic reserve and the stockpile.

The source elaborated that key decision makers in the industry appear to be in favor of one or multiple third parties assisting with custodying the U.S. government’s Bitcoin reserve in the interim, with the long-term goal of the government eventually self-custodying when ready.

Self custody refers to the practice of independently holding crypto in cold wallets accessed with private keys, as opposed to relying on third parties to manage the assets.

The national digital assets stockpile, however, will consist of a wide variety of seized crypto assets on various blockchain networks, and therefore will likely be permanently custodied by a third party.

How are the nearly 200,000 BTC in the government’s possession currently being held? Last summer, the U.S. Marshals Service announced it had tapped Coinbase to custody its large cap digital asset holdings.  

When asked by Decrypt whether the company currently custodies the U.S. government’s Bitcoin, however, a Coinbase representative declined comment, pointing only to a recent, vague X post on the subject by Coinbase CEO Brian Armstrong.

In the post, Armstrong boasts that his company “works with 145 government entities in the U.S. and 29 government entities outside the U.S.” and that Coinbase has seen increased interest in its custody services following President Donald Trump’s announcement establishing a Bitcoin Reserve.

During an event in Washington held Tuesday by the Bitcoin Policy Institute, BitGo CEO Mike Belshe, Casa CEO Nick Neuman, and Anchorage Digital’s Nathan McCauley convened a panel on “Safeguarding America’s Bitcoin.

During the talk, the executives opined as to the current state of the government’s current BTC stash, which is worth some $16.4 billion at writing.

“It’s maybe sitting in a closet at the U.S. Marshals Office,” Casa’s Neuman said.

“Or in a drive at somebody’s desk,” BitGo’s Mike Belshe added.

@ Newshounds News™

Source:  Decrypt

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

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Gold and Silver, Economics Dinar Recaps 20 Gold and Silver, Economics Dinar Recaps 20

Economist’s “News and Views” Thursday 3-13-2025

Gold Nears the $3,000 Level Again

Arcadia Economics:  3-13-2025

With the gold futures now above $2,950, it's almost as if last week's selloff is a distant memory.

 And with PPI wholesale prices rising in line with expectations this morning, we may not be far off from seeing the gold price crack the $3,000 level.

Gold Nears the $3,000 Level Again

Arcadia Economics:  3-13-2025

With the gold futures now above $2,950, it's almost as if last week's selloff is a distant memory.

 And with PPI wholesale prices rising in line with expectations this morning, we may not be far off from seeing the gold price crack the $3,000 level.

https://www.youtube.com/watch?v=p6XTMNAyQLQ

CRASH... THE WORLD ECONOMY IS FREE-FALLING. (AND YOU ARE A CASUALTY OF WAR).

Greg Mannarino:  3-13-2025

https://www.youtube.com/watch?v=_8-DnCVXaO0

The Enemy’s Plan to Seize YOUR MONEY “Is RIGHT on Schedule,” Warns Jekyll Island Author

Daniela Cambone:  3-13-2025

Everything is on schedule for our enemies," says G. Edward Griffin, author of The Creature from Jekyll Island.

 In this exclusive interview with Daniela Cambone, Griffin argues that politicians who repeatedly make promises but fail to deliver substantial change ultimately leave people worse off over time.

 "The American people now have made the president a king… We are in trouble, not because of the enemy but from the inside of our nation."

Griffin also envisions a future where traditional money may cease to exist, replaced entirely by digital currency or digits—drastically altering how economic systems function.

 Watch the interview now to learn how you can navigate these turbulent times.

00:00 Ideology fights

10:52 Executive orders

12:11 Creating fear

14:41 CBDC ban

17:02 Fort Knox gold auditing

19:00 Cashless society

22:00 Turning point

23:26 Gold movement

25:05 System collapse

28:14 How to stop the system from collapsing

30:09 Health

https://www.youtube.com/watch?v=oyVsfnLrno0

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Thursday Morning 3-13-25

Good Morning Dinar Recaps,

SEC VS RIPPLE: XRP LAWSUIT WRAPPING UP AS NEGOTIATIONS REACH FINAL STAGE—REPORT

Ripple’s high-stakes legal battle with the SEC may soon end, as negotiations reportedly center on vacating a key ruling that imposed a $125 million fine.

SEC vs. Ripple Nears Settlement? Report Suggests a Resolution Is Closer Than Eve

The U.S. Securities and Exchange Commission (SEC) case against Ripple regarding the sale of XRP could be nearing its conclusion, according to recent reports. The lawsuit, which has lasted over multiple years, has been a major point of contention in the cryptocurrency industry

Good Morning Dinar Recaps,

SEC VS RIPPLE: XRP LAWSUIT WRAPPING UP AS NEGOTIATIONS REACH FINAL STAGE—REPORT

Ripple’s high-stakes legal battle with the SEC may soon end, as negotiations reportedly center on vacating a key ruling that imposed a $125 million fine.

SEC vs. Ripple Nears Settlement? Report Suggests a Resolution Is Closer Than Eve

The U.S. Securities and Exchange Commission (SEC) case against Ripple regarding the sale of XRP could be nearing its conclusion, according to recent reports. The lawsuit, which has lasted over multiple years, has been a major point of contention in the cryptocurrency industry

Fox Business journalist Eleanor Terrett reported on social media platform X on March 12 that two sources indicated the case is in the process of wrapping up and may soon reach a resolution.

Two well-placed sources tell me that the SEC vs. Ripple case is in the process of wrapping up and could be over soon,” she shared, adding:

My understanding is that the delay in reaching an agreement is due to Ripple’s legal team negotiating more favorable terms regarding the August district court ruling, which imposed a $125M fine on the company and included a permanent injunction preventing the company from selling XRP to institutional investors.

The argument, I’m told, is that if the new SEC leadership is wiping the enforcement slate clean for all previously-targeted crypto firms because it believes regulatory clarity will resolve the underlying issue, why should Ripple still be penalized?” she explained. 

“Accepting the Torres ruling as it stands would mean that Ripple is essentially agreeing to admit to wrongdoing — but now the SEC itself is seemingly unsure whether any wrongdoing occurred.”

Terrett noted that Ripple’s argument revolves around the SEC’s shifting stance on cryptocurrency regulation. With new leadership at the agency reportedly reconsidering enforcement actions against crypto firms, Ripple contends that it should not be penalized for alleged past violations. 

Since there is no precedent for this kind of legal situation, the case may be taking longer to resolve than other crypto-related enforcement actions.

Earlier this month, lawyer James Murphy, known as Metalawman on X, similarly speculated that the delay may stem from Ripple’s efforts to negotiate vacating Judge Torres’ decision rather than the SEC. While the ruling largely favored XRP holders, he noted that findings of securities law violations and an injunction could hinder Ripple’s future plans, such as an exempt securities offering or an IPO. Murphy suggested the SEC might have agreed to a settlement involving both parties dropping their appeals and Ripple paying a $125 million fine, but Ripple may be seeking better terms.

The SEC sued Ripple in December 2020, alleging it conducted an unregistered securities offering by selling XRP. The case has since become a pivotal legal battle in U.S. cryptocurrency regulation. However, the agency itself is undergoing substantial changes, with many crypto-related enforcement cases, such as those against Coinbase, Kraken, and Robinhood, being dropped.

The regulator’s stance on crypto appears to be shifting following the departure of former SEC Chair Gary Gensler. Under the new leadership, the SEC has established a task force to reassess its approach to crypto regulation. This shift may have influenced the negotiations between Ripple and the SEC as they work toward a resolution.

@ Newshounds News™
Source:  
Bitcoin News

~~~~~~~~~

TEXAS DOUBLES DOWN ON CRYPTO WITH NEW $250 MILLION BITCOIN RESERVE BILL

Texas' second crypto bill seeks to enhance state and local government participation in digital asset investments.

Texas has introduced a second crypto reserve bill, marking another significant step toward integrating Bitcoin into its financial framework.

According to a document released on March 11, the proposed legislation, HB 4258, seeks to allocate up to $250 million from the state’s economic stabilization fund for Bitcoin and other digital assets.

This marks the second attempt by the state to establish a digital asset reserve, following the earlier SB 778, which recently secured bipartisan support in the Senate.

Unlike the previous proposal, HB 4258 explicitly caps investment and extends participation to municipalities and counties, allowing them to allocate up to $10 million to digital assets. If approved and signed into law, the bill would take effect on Sept. 1, 2025.

Texas’ push for a Bitcoin reserve aligns with broader trends across the US, where 21 states are exploring similar frameworks at different legislative stages. Some states have active proposals, while others are still conducting evaluations.

President of the Texas Blockchain Council, Lee Bratcher, highlighted the state’s strategic position for Bitcoin adoption. He pointed to the Texas TriangleHouston (energy)Austin (tech), and Dallas (capital markets)as a convergence of industries that makes Bitcoin integration particularly viable.

Texas’ first Bitcoin bill

As previously statedSB 778 focuses on integrating crypto into the state’s financial system by enabling tax payments and donations in digital assets.

It also seeks to impose a five-year restriction on selling state-owned Bitcoin. With Senate approval secured, the bill awaits a decision in the Texas House, expected by May 24.

Meanwhile, support for the initiative has been strong, with Texas Lieutenant Governor Dan Patrick calling the establishment of a Bitcoin reserve a strategic move that could set an example for other states.

He emphasized Bitcoin’s decentralized nature and finite supply, describing it as a valuable asset for Texas’ financial future. Patrick added:

“President Trump has stated unequivocally that he intends to make the United States the cryptocurrency capital of the world. His visionary leadership on Bitcoin and digital assets has paved the way for rapid American innovation, and Texas is leading the way.”

@ Newshounds News™

Source:  CryptoSlate

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

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

News, Rumors and Opinions Thursday AM 3-13-2025

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 Thurs. 13 March 2025

Compiled Thurs. 13 March 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Tues. 11 March 2025 Wolverine: “Big Bond Holders are flying to the US right now. We have big news that this is the week we have been waiting for. There is good news from Iraq that it’s going to get released. We’re hearing good news from lots of platforms.”

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 Thurs. 13 March 2025

Compiled Thurs. 13 March 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Tues. 11 March 2025 Wolverine: “Big Bond Holders are flying to the US right now. We have big news that this is the week we have been waiting for. There is good news from Iraq that it’s going to get released. We’re hearing good news from lots of platforms.”

Tues. 11 March 2025: DINAR REVALUATION: WALKINGSTICK: He got a rumor that there’s a rate and a date!! @DINARREVALUATION #iraqidinarinvestor

Tues. 11 March 2025 Bruce:

On Sunday 9 March 2025 a valid source reported that Iraq had a new Dinar rate that has been moving up in value ever since.

Today Tues. 11 March the same source said that they were about to pay out on Wed. 12 March back pay for three months to Iraqis at the new Dinar Rate.

Bond Holders (Tier 3) started today Tues. 11 March to be paid out and will continue for the next five days.

Tier4b was to receive notifications for appointments within the next 24-48 hours.

When the toll free numbers come out Redemption Centers are to be ready for exchanges within the next three hours.

Other sources reported that exchanges were to start next Friday, Sat. or Sunday.

Tues. 11 March 2025: The IRS is distributing a one time Disability Payment of $7,500 in stimulus checks in 2025 to eligible seniors and individuals with qualifying disabilities as part of the senior tax credit for Elderly and Disabled receiving taxable Disability Income.

Mon. 10 March 2025: BOOOMB OF THE YEAR! Trump Uncovers the Truth About Fort Knox – WHERE IS AMERICA’S GOLD?! – amg-news.com – American Media Group

Wed. 12 March 2025: US DEBT CLOCK: SILVER DESTROYS THE FEDERAL RESERVE’S LIES – THE MONETARY REVOLUTION HAS BEGUN! BOOOM!!! – amg-news.com – American Media Group

The Quantum Financial System (QFS) has been operating behind the scenes, monitoring all banking transactions in preparation for its full activation.   …JFK Awakening on Telegram

The End of the Cabal’s Banking Empire: The QFS will replace the Swift system with an un-hackable, AI-driven network supported by the Secret Space Program.

It was designed to dismantle the Deepstate’s control, preventing illigal wealth accumulation through usury, fraud, and theft.

The days of corruptt politicians and bankers laundering money in secrecy are over—QFS monitors every transaction in real time.

The QFS has been running parallel to the existing system, exposing financial corruption.

~~~~~~~~~~~~~

Global Financial Crisis:

Wed. 12 March 2025: Breaking News: BlackRock Files for Bankruptcy! The Unbelievable Collapse of a Financial Giant …JFK Awakening Q17 on Telegram

BREAKING NEWS: BlackRock, the world’s largest asset manager, has shockingly filed for bankruptcy, marking the downfall of a financial giant built on corruption. Global sanctions and internal mismanagement have toppled this financial titan, sending shockwaves through the global economy.

BlackRock has officially collapsed in one of the most shocking turns in financial history. Yes, the company that shaped economies and influenced global markets is now crumbling under the weight of its misdeeds. This colossal downfall raises a burning question: how could such a powerful firm fall so spectacularly?

The answer lies in the collapse of the corrupt financial machinery that fueled BlackRock’s rise. Sanctions have smashed the web of secret deals and hidden financial backdoors that once sustained it. BlackRock relied on unregulated strategies and opaque investment tactics, ignoring the warning signs as the world moved toward transparency.

The beginning of the end came with sanctions targeting offshore banking and shadow financial systems. These bureaucratic tools cut off the dirty money that had propped up BlackRock’s operations. The firm could no longer thrive in a world where secrecy was currency; it was exposed, leaving its business model unviable.

Arrogance and Overconfidence: BlackRock’s Fatal Flaw. For years, BlackRock operated under the illusion of invincibility, believing it was untouchable. This arrogance blinded them to the changing tides of regulation and transparency. As internal chaos grew, with executives divided over the firm’s direction, indecision sealed its fate.

BlackRock’s bankruptcy isn’t just a story about one company’s failure; it’s a global financial earthquake. The implications are far-reaching, likely triggering a domino effect across the world economy. From pension funds to government bonds, the fallout will be immense.

You might wonder, “How does BlackRock’s bankruptcy affect me?” The answer is simple: its collapse will likely cause significant losses for pension funds heavily invested in its products. Global markets, already shaky, could experience further turmoil as the reality of BlackRock’s downfall sinks in.

A Cautionary Tale for Other Financial Giants. The collapse of BlackRock serves as a stark reminder that even the mightiest giants can fall. As we stand on the brink of a new financial order, companies built on secrecy and corruption will struggle to survive. We could be witnessing the beginning of a new era where transparency and accountability take center stage.

In the end, BlackRock’s bankruptcy is a tale of greed, corruption, and a refusal to adapt. As the dust settles, the world will be left to rebuild a broken financial system—one that emerges stronger, more transparent, and more accountable in the wake of BlackRock’s spectacular failure.

Read full post here:  https://dinarchronicles.com/2025/03/13/restored-republic-via-a-gcr-update-as-of-march-13-2025/

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

Frank26 1310 is no longer top secret.  The new exchange rate is top secret.  The fact that there's a new rate is not secret and it's not a top secret...Why Digital currency?  Because the whole world now knows that it's not a secret that Iraq has a new exchange rate...The world know the truth about the CBI...  

Mnt Goat    ...it is important to see and understand just what is really happening in Iraq and what has to change...They need to peg the dinar to a basket to prevent these wide swings every time there is a hiccup in the oil market pricing of oil...the value of the Iraqi dinar is already there...they have large quantities of oil reserves...along with the other products ...gold stockpiles and the monetary CBI reserves, the assets can [make] the dinar rate far greater than 1/6 of a penny for a dinar...they are still artificially suppressing the dinar and I believe they are still holding to this Obama/Biden foreign policy due to the economic war between Iran and the US, at lease for the time being. The currency resetting has to take place as some point...

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

LBMA & COMEX Drained Of Gold/Silver | Phil Low

Liberty and Finance:  3-12-2025

Phil Low discusses the current financial landscape, touching on critical issues such as the potential for a gold revaluation and the doomed mark-to-market proposal.

He delves into understanding gold as a price matrix, highlighting its importance in navigating economic uncertainty. Low warns about an impending hyperinflationary panic, explaining the stages of the "Crack-Up Boom" and the early signs of its onset.

He also explores the broader societal effects of inflation, particularly its impact on morality and societal values.

 The conversation wraps up with Low's insights into the future economic outlook and what individuals and institutions should anticipate moving forward.

INTERVIEW TIMELINE:

0:00 Intro

1:54 The Endgame & hyperinflation

 30:00 Inflation & societal degradation

39:46 The Bitter Draught

https://www.youtube.com/watch?v=VpC-385vTcs

 

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“Tidbits From TNT” Thursday Morning 3-13-2025

TNT:

Tishwash:  IMF Discusses Strengthening Iraqi Dinar

Iraq's delegation concluded its meetings with the International Monetary Fund (IMF) in Amman (February 24-26), with participants including Minister of Finance Taif Sami and the Governor of the Central Bank of Iraq (CBI).

Discussions focused on Iraq's economic performance and sustainable growth prospects, with the IMF acknowledging the progress made.

Key discussions included:

Non-oil GDP growth of 5% in 2024, driven by agriculture expansion and increased public spending, with 3.5% growth expected in 2025.

TNT:

Tishwash:  IMF Discusses Strengthening Iraqi Dinar

Iraq's delegation concluded its meetings with the International Monetary Fund (IMF) in Amman (February 24-26), with participants including Minister of Finance Taif Sami and the Governor of the Central Bank of Iraq (CBI).

Discussions focused on Iraq's economic performance and sustainable growth prospects, with the IMF acknowledging the progress made.

Key discussions included:

Non-oil GDP growth of 5% in 2024, driven by agriculture expansion and increased public spending, with 3.5% growth expected in 2025.

Reduced dependence on oil revenues, improving economic diversification and stability.

Review of actual 2024 expenditures and 2025 revenue forecasts, alongside strategies for deficit financing.

Public debt strategy update, ensuring fiscal sustainability and investor confidence in government bonds.

Financial sector reforms, with the IMF stressing the importance of banking modernization to attract foreign capital.

Expanded collaboration with international correspondent banks to facilitate trade financing.

Increased use of the Iraqi dinar in major transactions to strengthen the national currency.

The IMF reaffirmed its support for Iraq's financial policy development, offering advisors and experts to assist the Ministry of Finance in public debt management and tax system improvements.

The meetings underscored Iraq's commitment to fiscal reforms, promoting economic stability and investment-friendly policies, in line with its strategic partnership with the IMF. link

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

Tishwash:  It amounts to 216 trillion... A date has been set for submitting the budget tables to Parliament. 

Deputy Chair of the Parliamentary Finance Committee, Ikhlas al-Dulaimi, ruled out the government's submission of budget schedules within the next two months on Wednesday, while confirming that the 2025 budget amounts to 216 trillion Iraqi dinars.

Al-Dulaimi said, "The Ministry of Finance has not yet sent the 2025 budget tables to the Council of Ministers, even though they were supposed to be sent in October 2024, in accordance with the Financial Management Law, for approval before the start of the new year."

She added, "The total budget amount is 216 trillion dinars, while actual spending is estimated at about 160 trillion dinars."

Al-Dulaimi ruled out "sending the tables to the House of Representatives within the next two months," noting that "the Ministry of Finance has not yet completed their preparation, which could lead to the postponement of budget approval until after the elections."

Last February, the Iraqi Parliament voted on the draft law amending the first law of the Federal General Budget Law of the Republic of Iraq for the fiscal years (2023 - 2024 - 2025) No. (13) of 2023.  link

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

Tishwash:  Kurdistan Region confirms oil sales through SOMO: We will give our money to Baghdad

The Kurdistan Regional Government (KRG) on Wednesday affirmed the region's firm position to implement an amendment to the budget law, allowing the region's oil to be exported and sold through SOMO, with the proceeds returned to the federal Ministry of Finance.

A statement issued by the Kurdistan Regional Government's Council of Ministers, seen by Al-Eqtisad News, said, "The President of the Council, Masrour Barzani, held a meeting attended by his deputy, Qubad Talabani, during which the Prime Minister instructed the Ministry of Finance and Economy to prepare a schedule for distributing salaries to Kurdistan Region employees for the month of February, after the deposit of 958 billion dinars into the ministry's account for that month."

The Council decided to begin distributing salaries starting tomorrow. All ministries and institutions were also tasked with preparing March payrolls as soon as possible and sending them to the Federal Ministry of Finance, with the goal of disbursing them before the Eid al-Fitr holiday.

The statement confirmed that "in the first part of the meeting, Kamal Mohamed Saleh, Acting Minister of Natural Resources, reviewed the latest developments in the joint meetings between the Ministry of Natural Resources and the Federal Ministry of Oil, in the presence of representatives of oil companies."

The minister explained the efforts being made to resume the region's oil exports within the framework of the federal budget law. The Council of Ministers commended the Ministry of Natural Resources' efforts to accelerate the process of resuming oil exports and its joint work with the Iraqi Ministry of Oil to resolve the obstacles related to the process. 

The Council also affirmed the "regional government's firm position to implement the amendment to the budget law so that the region's oil is exported and sold through SOMO and its revenues are returned to the federal Ministry of Finance." link

Mot: .... Allllllllll Aboard!!!! 

Mot: poooor ole ""Earl"" 

 

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

More News, Rumors and Opinions Wed. PM 3-12-2025

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 Wed. 12 March 2025

Compiled Wed. 12 March 2025 12:01 am EST by Judy Byington

Possible Timing:

Tues. 11 March 2025: GLOBAL FINANCIAL EMERGENCY! GLOBAL CURRENCY RESET IS HERE! …John F. Kennedy Jr. on Telegram

The world is on the brink of a catastrophic financial collapse! The Global Currency Reset (GCR), NESARA GESARA, and the Quantum Financial System (QFS) are no longer whispers in the dark.

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 Wed. 12 March 2025

Compiled Wed. 12 March 2025 12:01 am EST by Judy Byington

Possible Timing:

Tues. 11 March 2025: GLOBAL FINANCIAL EMERGENCY! GLOBAL CURRENCY RESET IS HERE! …John F. Kennedy Jr. on Telegram

The world is on the brink of a catastrophic financial collapse! The Global Currency Reset (GCR), NESARA GESARA, and the Quantum Financial System (QFS) are no longer whispers in the dark. The Storm is here, and the elites are scrambling to contain the fallout before the truth reaches YOU!

The Black Swan Event is unfolding before our eyes! The world’s top economies are INSOLVENT! The U.S., Canada, Europe, Japan, Israel, the U.K., Taiwan, Australia, and New Zealand CANNOT sustain their debt any longer. The financial system is crumbling, and a monumental shift is coming that will change everything!

THE GREAT RESET VS. THE PEOPLE’S RESET! They want you distracted while they rewrite the financial order behind closed doors. But here’s the TRUTH: The QFS is set to replace the corruptt banking system that has enslaved us for centuries! This system, rumored to be gold-backed and fully decentralized, will eliminate the central banks and their criminal grip on global finance.

The elites know they are running out of time. They NEED the crash to happen on THEIR terms. They NEED you to be unprepared. But we see through their deception!

THE EMERGENCY BROADCAST SYSTEM (EBS) IS COMING! In the midst of this chaos, the EBS is primed for activation! Why? Because when the markets implode, when the banks fail, when the truth about NESARA GESARA is finally revealed, the world will enter a new era of financial sovereignty!

We are at the point of no return. The Federal Reserve is dead. The IMF is scrambling. The dollar is collapsing, and the fiat money system is burning to the ground. What will rise from the ashes? A fair, asset-backed system that restores power to the people!

WHAT YOU NEED TO DO NOW! Get cash in hand before bank closures hit! Exit fiat currency NOW – gold, silver, and cryptos (XRP, XLM, XDC) will be the new financial foundation!

Watch for EBS activation – the final revelation is coming! The elites are terrified because the people are waking up. The storm is here, and NOTHING can stop what’s coming! Prepare for impact, because the financial war is about to reach its climax!

~~~~~~~~~~~~

Global Currency Reset:

Tues. 11 March 2025 Wolverine: “Big Bond Holders are flying to the US right now. We have big news that this is the week we have been waiting for. There is good news from Iraq that it’s going to get released. We’re hearing good news from lots of platforms.”

~~~~~~~~~~~

Tues. 11 March 2025 Bruce:

On Sunday 9 March 2025 a valid source reported that Iraq had a new Dinar rate that has been moving up in value ever since.

Today Tues. 11 March the same source said that they were about to pay out on Wed. 12 March back pay for three months to Iraqis at the new Dinar Rate.

Bond Holders (Tier 3) started today Tues. 11 March to be paid out and will continue for the next five days.

Tier4b was to receive notifications for appointments within the next 24-48 hours.

When the toll free numbers come out Redemption Centers are to be ready for exchanges within the next three hours.

Other sources reported that exchanges were to start next Friday, Sat. or Sunday.

~~~~~~~~~~~~~~

Tues. 11 March 2025: DINAR REVALUATION: WALKINGSTICK: He got a rumor that there’s a rate and a date!! @DINARREVALUATION #iraqidinarinvestor

Read full post here:  https://dinarchronicles.com/2025/03/12/restored-republic-via-a-gcr-update-as-of-march-12-2025/

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

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

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  The governor of the Central Bank Alaq just announced that on Saturday there is an imminent transformation of banks…pointing out that Iraq will witness a comprehensive digital transformation in the financial sector.  On a program rate?  FRANK:  No not on a program rate.  This is another indication, another hint, another clue that points in the direction of where we’re going.  All of this is preparation.  All this preparation we are witnessing is not for a program rate and the world knows it.

Mnt Goat    …it is important to see and understand just what is really happening in Iraq and what has to change…They need to peg the dinar to a basket to prevent these wide swings every time there is a hiccup in the oil market pricing of oil…the value of the Iraqi dinar is already there…they have large quantities of oil reserves…along with the other products …gold stockpiles and the monetary CBI reserves, the assets can [make] the dinar rate far greater than 1/6 of a penny for a dinar…they are still artificially suppressing the dinar and I believe they are still holding to this Obama/Biden foreign policy due to the economic war between Iran and the US, at lease for the time being. The currency resetting has to take place as some point…

The Coming Economic Reset in 2025 with Edward Dowd

WTFinance:  3-12-2025

On this episode of the WTFinance podcast I had the pleasure of welcoming on Edward Dowd. Edward is the Founder of Phinance Technologies and author of Cause Unknown.

During our conversation we spoke on his current views on the markets, why the economy is struggling, Mainstreet vs Wallstreet, Biden immigration policy, shift from capital to labour, economic reset, which assets to perform and more. I hope you enjoy!

0:00 - Introduction

1:34 - Current view of markets?

5:55 - Why was economy struggling?

8:56 - Biden immigration policy

11:14 - Mainstreet vs Wallstreet

13:42 - Government spending, regulation, spending

16:02 - Shift from capital to labour?

18:00 - Global Economy

22:00 - Force Powell to cut rates?

 23:12 - Secular shift?

25:20 - System leverage

27:22 - Which assets to perform?

 30:07 - One message to takeaway?

https://www.youtube.com/watch?v=vhM-g3Ijd60

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 3-12-25

Good Afternoon Dinar Recaps,

IRAQ’S 2025 BUDGET WON’T REACH PARLIAMENT IN NEXT TWO MONTHS

Shafaq News/ Iraq’s government is unlikely to submit the 2025 budget tables to parliament within the next two months, a senior lawmaker said on Wednesday.

Ikhlas al-Dulaimideputy head of the Parliamentary Finance Committeetold Shafaq News that the Finance Ministry had yet to send the budget tables to the cabinet, despite a legal requirement to do so by October 2024 for approval before the new fiscal year.

Good Afternoon Dinar Recaps,

IRAQ’S 2025 BUDGET WON’T REACH PARLIAMENT IN NEXT TWO MONTHS

Shafaq News/ Iraq’s government is unlikely to submit the 2025 budget tables to parliament within the next two months, a senior lawmaker said on Wednesday.

Ikhlas al-Dulaimideputy head of the Parliamentary Finance Committeetold Shafaq News that the Finance Ministry had yet to send the budget tables to the cabinet, despite a legal requirement to do so by October 2024 for approval before the new fiscal year.

"The total budget amounts to 216 trillion dinars (about $165B), while actual expenditures are estimated at around 160 trillion dinars (about $122,)al-Dulaimi saidruling out the possibility of sending the tables to parliament soon, which could push the approval process into Iraq’s election period.

In FebruaryIraq’s parliament passed the first amendment to the federal general budget law for the fiscal years 2023–2025, originally enacted as Law No. 13 of 2023.

@ Newshounds News™
Source:  
Shafaq

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AMERICA MUST BACK PRO-STABLECOIN LAWS, REJECT CBDCS — US REP. EMMER

Emmer called CBDCs a “threat to American values” and reintroduced the Anti-Surveillance State Act to block a federal digital dollar.

US Representative Tom Emmer argued for prioritizing pro-stablecoin legislation in a March 11 House Financial Services Committee hearing, while calling central bank digital currencies (CBDC) a threat to American values.

On March 6
Emmer reintroduced the CBDC Anti-Surveillance State Act in the House of Representatives. Emmer renewed his call for Congress to pass the legislation at the March 11 hearingThe legislation aims to block future administrations from launching a US CBDC without explicit approval from Congress.

CBDC technology is inherently un-American,” Emmer said at the hearing, warning that allowing unelected bureaucrats to issue a CBDC “could upend the American way of life.”

On Jan. 23President Donald Trump signed an executive order prohibiting “the establishment, issuance, circulation, and use” of a CBDC in the US. Emmer said that the legislation he reintroduced could “prevent a future administration from creating such an obvious tool for financial surveillance against its own citizens” if signed into law, citing concerns about privacy and financial independence.

At the same hearingPaxos CEO Charles Cascarilla urged lawmakers to create consistent stablecoin regulations across jurisdictions to avoid regulatory arbitragePaxos, a significant issuer of stablecoins, recommended clear guidelines and reciprocal rules with global regulators:

“We want to make sure we have the same set of rules in the US as we have around the world so that there isn’t some arbitrage that is possible to issue from another jurisdiction. And by having that same set of rules that everyone has to meet in order to access the US market, it will actually create a race to the top, not a race to the bottom.

Emmer, a Minnesota Republican, also criticized inherent privacy risks associated with CBDCs, saying that stablecoins could bring traditional finance onchain at a global scale while reserving privacy:

This underscores why we must prioritize pro-stablecoin legislation alongside anti-CBDC legislation.”

Against the backdrop of rapid pro-crypto developments, a report by the Center for Political Accountability (CPA) raised concerns about the growing political influence of crypto companies in the US and potential risks to regulatory stability.

Cryptocurrency firms shelled out a cumulative $134 million on the 2024 US elections in “unchecked political spending,” which presents some critical challenges, the March 7 report said.

@ Newshounds News™

Source:  CoinTelegraph

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