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.
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.
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.
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.
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.
Gold, Silver & Sound Money Legislation Is Surging—More States Are Opting In | Jp Cortez
Gold, Silver & Sound Money Legislation Is Surging—More States Are Opting In | Jp Cortez
Gold and silver are gaining momentum in state legislatures across the U.S. as more states move to eliminate taxes, recognize precious metals as legal tender, and establish bullion reserves.
Jp Cortez, Executive Director of the Sound Money Defense League, breaks down the latest developments in sound money legislation, why states are de-dollarizing, and how Trump’s return to the White House could impact monetary policy.
With inflation fears, central bank uncertainty, and growing distrust in fiat currencies, states are taking action.
Will we see a return to gold and silver-backed money?
Seeds of Wisdom RV and Economic Updates Monday Afternoon 2-3-25
Good afternoon Dinar Recaps,
IT'S DONE Article 2 - This law shall be implemented from the date of its publication in the Official Gazette.
THE LAW PDF attached
In the name of the people
Presidency
Based on what was approved by the House of Representatives and ratified by the President of the Republic based on the provisions of Clause (First) of Article 61 and Clause (Third) of Article 73 of the Constitution.
Traceable, Credible Gold for Saudi Arabia
Traceable, Credible Gold for Saudi Arabia
Kitco News: 2-3-2024
Saudi Arabia is undergoing a significant economic transformation, moving beyond its traditional reliance on oil and gas. A key element of this diversification strategy is the development of its mining sector, with the Kingdom aiming to establish itself as a major player in the global mineral supply chain and, more specifically, a “global intermediary” in the critical minerals market.
This ambition was highlighted in a recent interview conducted by Kitco’s Senior Mining Editor and Anchor, Paul Harris, with His Excellency Bandar Alkhorayef, Minister of Industry and Mineral Resources of Saudi Arabia, on the sidelines of the Future Minerals Forum in Riyadh.
Seeds of Wisdom RV and Economic Updates Monday Morning 2-3-25
Good Morning Dinar Recaps,
CRYPTO CATASTROPHE: WORLD RECORD BROKEN, WORST BLOODBATH IN HISTORY
Market in shambles after introduction of trading tariffs sparks enormous liquidation surge
One of the worst bloodbaths in the history of the cryptocurrency market just occurred, with liquidations skyrocketing past $2.24 billion in the last day.
With Bitcoin plummeting to $94,000 and the entire market collapsing along with it, this massive wipeout has destroyed leveraged traders. The magnitude of the losses has broken all previous records, making this one of the most vicious sell-offs in the history of cryptocurrency.
Seeds of Wisdom RV and Economic Updates Sunday Afternoon 2-2-25
Good Afternoon Dinar Recaps,
INDIAN CRYPTO HOLDERS FACE 70% TAX PENALTY ON UNDISCLOSED GAINS
India will impose tax penalties of up to 70% on undisclosed crypto gains as part of new regulations under Section 158B of the Income Tax Act.
Cryptocurrency traders in India may face significant tax penalties on previously undisclosed profits under new amendments to the country’s tax laws.
Cryptocurrencies will be included under Section 158B of the Income Tax Act, which reports undisclosed income, according to Indian Finance Minister Nirmala Sitharaman’s Union Budget 2025 announcement.
Seeds of Wisdom RV and Economic Updates Sunday Morning 2-2-25
Good Morning Dinar Recaps,
TRUMP-IMPOSED TARIFFS TO BEGIN TUESDAY AS MEXICO, CANADA ANNOUNCE RETALIATORY RESPONSE
▪️President Trump on Saturday signed an executive order imposing 25% tariffs on imports from Canada and Mexico, with a 10% tariff on Canadian energy and oil, and an additional 10% tariff on China.
▪️The implementation of the tariffs was delayed to Tuesday at 12:01 am.
▪️Mexico’s President Sheinbaum announced the country would implement both tariff and non-tariff retaliatory measures, while Canadian PM Trudeau said Saturday night Canada would implement 25% tariffs on a swath of American goods in response.