Seeds of Wisdom RV and Economic Updates Tuesday Morning 5-20-25
Good Morning Dinar Recaps,
SENATE STABLECOIN BILL PASSES KEY VOTE AS GENIUS ACT REGAINS MOMENTUM
The GENIUS Act passed a cloture vote Monday evening less than two weeks after failing one. It will now head to a full floor vote.
Against all odds, the Senate’s stablecoin bill has regained political momentum, passing a key procedural vote Monday evening that has set the legislation on track for passage within days.
Good Morning Dinar Recaps,
SENATE STABLECOIN BILL PASSES KEY VOTE AS GENIUS ACT REGAINS MOMENTUM
The GENIUS Act passed a cloture vote Monday evening less than two weeks after failing one. It will now head to a full floor vote.
Against all odds, the Senate’s stablecoin bill has regained political momentum, passing a key procedural vote Monday evening that has set the legislation on track for passage within days.
Less than two weeks ago, the bill, dubbed the GENIUS Act, failed to pass the same procedural cloture vote—which ends debate on a measure and advances it towards full floor consideration. At the time, a perfect storm of political winds conspired to derail support for the bill among pro-crypto Democrats. Chief among them: mounting anger in the Democratic Party over President Donald Trump’s perceived crypto-related conflicts of interest.
But tonight, key Democrats jumped back aboard the measure. Ruben Gallego (D-AZ), Mark Warner (D-VA), Lisa Blunt Rochester (D-PA), Kirsten Gillibrand (D-NY), and Angela Alsobrooks (D-MD)—all of whom voted against cloture on the GENIUS Act earlier this month—supported the measure tonight. Alsobrooks and Gillibrand initially co-sponsored the bill.
Having received more than 60 votes, the bill will now cruise towards a full floor vote, which could happen as soon as tomorrow, one Senate source familiar with the matter told Decrypt. If all goes according to plan, the vote on the bill itself should see the same margin of passage as tonight’s procedural vote.
The bill would then need to pass a vote in the House before heading to President Trump’s desk. If signed into law, the GENIUS Act would establish a framework for legally issuing stablecoins in the United States.
Stablecoins are crypto tokens, generally pegged to the U.S. dollar, that allow holders to enter and exit digital asset trades without accessing fiat currencies directly. They can also be used to easily send payments and remittances across borders. It is anticipated that once stablecoin legislation passes, once-hesitant Wall Street giants will flood the sector, bringing billions of dollars, if not trillions, into crypto.
What gave the GENIUS Act new wings just days after the bill nearly death spiraled? Last week, Senate Democrats ironed out a new draft of the legislation, which they touted as containing major concessions from Republicans on issues like conflicts of interest, national security protections, and Big Tech.
But it's unclear if those measures will have enough teeth to make them enforceable. While the new draft forbids all senior executive branch officials from launching their own stablecoins, for example, it still allows the president and vice president to do so—sidestepping the Trump-related concerns that made ethics a prominent issue for the legislation in the first place.
In a similar vein, new language added to the bill in the eleventh hour would prevent Big Tech corporations from launching stablecoins if said corporations tracked and sold users’ sensitive financial data—unless they got customers’ consent to do so in their terms of service.
Another factor that may have shifted political calculus enough to get the GENIUS Act over the 60-vote hump: increased lobbying pressure from industry leaders, who realized that if the bill didn’t pass, hopes for passing any crypto legislation on Capitol Hill this year might die along with it.
Coinbase, for instance, which boasts a tremendous lobbying presence in Washington, had previously dragged its feet in supporting standalone stablecoin legislation—a move intended to increase the likelihood of Congress passing a single crypto bill covering several industry sectors, but that nonetheless frustrated other digital asset policy players. In recent days, with crypto’s entire legislative agenda on life support, Coinbase notably turned up the heat in a push to get the GENIUS Act over the finish line.
The firm’s CEO, Brian Armstrong, made explicit pleas for the bill to be passed immediately. Stand With Crypto, a pro-industry political watchdog launched by Coinbase, warned it would lower politicians’ grades if they voted against cloture on the GENIUS Act tonight—a move the organization notably did not make after the initial cloture vote on the bill earlier this month.
Over the weekend, an in-app notification sent out by Coinbase, and seen by Decrypt, urged American users to send their senators a letter demanding the GENIUS Act be passed immediately.
Behind such signifiers churns an immense amount of money. Last year Coinbase, along with a handful of other major American crypto companies, raised over $300 million for pro-crypto super PACs that spent heavily on congressional races. The same super PACs have already raised tens of millions of dollars for the 2026 midterms.
@ Newshounds News™
Source: Decrypt
~~~~~~~~~
BRICS: 5 COUNTRIES PAY 93% OF TRADE IN NATIONAL CURRENCIES
BRICS member Russia is advancing the de-dollarization agenda with every alliance it is a part of, and convincing them to settle trade payments in national currencies. In the latest, Russia confirmed that 93% of cross-border payments within the Eurasian Economic Union (EAEU) alliance have been settled in national currencies, not the US dollar.
After BRICS, every other alliance is teaming up for trade settlements in national currencies. The development will add strain on the US dollar and dampen its prospects as the world’s reserve currency. Emerging economies are reshaping the global financial order on their terms and not following the dictation of Western powers.
BRICS: Eurasian Economic Union EAEU Sidelines US Dollar, Pays 93% Trade in National Currencies
The EAEU alliance comprises five countries: Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan. In 2015, the bloc announced that it used 70% of payments in national currencies.
Now, 10 years down the line in 2025, the trade settlements have increased to 93%. Russia has used the BRICS ideology on the EAEU alliance to push national currencies ahead of the US dollar.
“If in 2015 the share of the ruble and other national currencies was about 70% in settlements with our partners in the EAEU, then by the end of last year we reached a record 93%,” said Russian Deputy Minister of Economic Development Dmitry Volvach.
Now, BRICS, CIS, SCO, GCC, ASEAN, and EAEU are using national currencies and ending reliance on the US dollar.
Volvach explained that no country was forced to indulge in de-dollarization, and the switch to national currencies was in their interest.
“It is impossible to artificially force participants in foreign economic activity to switch to one currency. This is a good foundation for further growth,” he said.
BRICS and EAEU are now at the forefront of de-dollarization, where national currencies take the lead over the US dollar.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Seeds of Wisdom RV and Economic Updates Monday Evening 5-19-25
Good Evening Dinar Recaps,
PAUL ATKINS: 'CRYPTO MARKETS HAVE BEEN LANGUISHING IN SEC LIMBO'
The new SEC chair said the regulator "should not be in the business" of stifling innovation at companies like those involved in digital assets.
In one of his first speeches since becoming chair of the US Securities and Exchange Commission (SEC) in April, Paul Atkins addressed some of the regulatory concerns around the cryptocurrency industry.
Good Evening Dinar Recaps,
PAUL ATKINS: 'CRYPTO MARKETS HAVE BEEN LANGUISHING IN SEC LIMBO'
The new SEC chair said the regulator "should not be in the business" of stifling innovation at companies like those involved in digital assets.
In one of his first speeches since becoming chair of the US Securities and Exchange Commission (SEC) in April, Paul Atkins addressed some of the regulatory concerns around the cryptocurrency industry.
In prepared remarks for a May 19 speech, Atkins said it was a “new day” for the crypto industry under the current leadership of the SEC. He suggested that the financial regulator would be more open to “adapt to and accommodate new developments” while still abiding by its statutes.
“The crypto markets have been languishing in SEC limbo for years,” said Atkins, adding:
“While I have directed Commission staff across our policy Divisions to begin drafting rule proposals related to crypto, the staff continue to ‘clear the brush’ through staff-level statements.”
Even before Atkins stepped into the role of SEC chair, the commission’s actions under Donald Trump suggested that it would radically depart from the direction of former chair Gary Gensler.
In 2025, the SEC has dropped several investigations and enforcement actions against crypto companies and issued guidance on memecoins and security tokens.
“As I begin my tenure as Chairman, I can tell you that we are getting back to our roots of promoting, rather than stifling, innovation,” said Atkins. “The markets innovate, and the SEC should not be in the business of telling them to stand still.”
Looking to Congress for market structure
Atkins’ remarks came as US lawmakers considered draft legislation to establish a regulatory structure for crypto markets. The proposed bill, moving through the House of Representatives, could clarify the roles the SEC and Commodity Futures Trading Commission (CFTC) have in overseeing and regulating digital assets.
Until the legislation passes Congress and is signed into law, the SEC’s rules and guidelines over crypto could face pushback from affected parties.
The SEC chair has given opening remarks and overseen the commission’s roundtable events, discussing regulatory issues surrounding digital assets and blockchain. The next event, scheduled for June 9, will cover decentralized finance.
@ Newshounds News™
Source: Cointelegraph
~~~~~~~~~
BRICS: TANZANIA OFFICIALLY BANS THE US DOLLAR
Taking a leaf straight from the BRICS playbook, Tanzania announced an official ban on the US dollar in local transactions. The Bank of Tanzania (BoT) has put a blanket ban on all foreign currencies in local transactions, and only the Tanzanian Shilling (TZS) is made legal tender. The ban comes after an influx of foreign currencies circulated the market for local transactions, leaving the TZS behind.
Tanzania is inspired by the BRICS agenda of de-dollarization and is striving to keep the US dollar in the back seat. Individuals, traders, business owners, and large corporations in the country are not allowed to use the US dollar for transactions. The ban includes both receiving and sending foreign currencies, making it a legal offense to initiate the payments. Every individual, bank, and business entity must use the Tanzanian Shillings and not foreign currencies.
“Under these Regulations, pricing and payment for all goods and services within the country must be in Tanzanian Shillings. Therefore, it is an offense to quote, advertise, or indicate prices in foreign currency, to compel, facilitate, or accept payment in foreign currency (US dollar), or to refuse payment made in Tanzanian Shillings,” read the statement mimicking the BRICS ideology.
BRICS: Tanzania & the US Dollar
The ban on the US dollar also includes foreigners who visit the country as tourists, making Tanzanian Shillings mandatory. Only a few authorities are permitted to use foreign currencies, and the regulation makes it clear that they need to specify the transactions. Those include government contributions to regional organizations, embassies, and transactions by international firms.
What BRICS failed to do to the US dollar, Tanzania got accomplished.
Developing countries are inspired by the BRICS agenda of using local currencies and forging ahead in banning the US dollar. The move will prove costly to the American economy if many countries join in on the de-dollarization bandwagon. The popularity of using local currencies for trade is growing and signals a major warning to the American economy.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Seeds of Wisdom RV and Economic Updates Monday Afternoon 5-19-25
Good Afternoon Dinar Recaps,
CIRCLE COURTING ACQUISITION BIDS FROM COINBASE AND RIPPLE, ASKS FOR AT LEAST $5 BILLION: FORTUNE
Circle Internet Financial, the issuer of the second-largest stablecoin, is reportedly courting acquisition bids at a valuation of at least $5 billion, according to a report by Fortune.
The alleged sales talks involve Coinbase, Circle’s longtime partner, and Ripple, a recent rival in the stablecoin space. These discussions are happening even as Circle pursues a public listing.
Good Afternoon Dinar Recaps,
CIRCLE COURTING ACQUISITION BIDS FROM COINBASE AND RIPPLE, ASKS FOR AT LEAST $5 BILLION: FORTUNE
Circle Internet Financial, the issuer of the second-largest stablecoin, is reportedly courting acquisition bids at a valuation of at least $5 billion, according to a report by Fortune.
The alleged sales talks involve Coinbase, Circle’s longtime partner, and Ripple, a recent rival in the stablecoin space. These discussions are happening even as Circle pursues a public listing.
In April, Circle filed a prospectus for an initial public offering, although the valuation remains undisclosed. Shortly after, Ripple offered between $4 billion and $5 billion to acquire Circle. However, Circle rejected the offer, stating the bid was too low.
This isn’t Circle’s first attempt at going public. Back in 2022, during the crypto bear market, the company canceled its SPAC merger that would have valued it at a staggering $9 billion.
Circle joins several other crypto firms like Kraken and BitGo in signaling public listing intentions under the pro-crypto economic climate of President Donald Trump. However, some analysts question whether Trump’s economic agenda may eventually dampen IPO appetite.
Trump has also publicly pushed for stablecoin legislation to be passed by the end of the summer—a development that could directly affect Circle’s strategic decisions.
Circle and Coinbase have maintained a long-standing partnership, dating back to the formation of the CENTRE Consortium, which initially managed the USDC stablecoin. USDC remains the most used stablecoin on Coinbase, and Circle reportedly paid Coinbase around $900 million in distribution costs in 2024.
Coinbase, meanwhile, is expanding aggressively, pursuing deals with Deribit (a derivatives exchange) and IronFish (a privacy platform). It also just became the first pure-play crypto firm to join the S&P 500.
Ripple is also building its stablecoin presence. It recently launched RLUSD on Kraken, integrating it into the platform’s payment infrastructure.
@ Newshounds News™
Source: The Block
~~~~~~~~~
US DOLLAR DETHRONED: ONLY 60% GLOBAL RESERVES STILL BET ON ITS REIGN
The US dollar has been dethroned from its long-held position as the world’s undisputed reserve currency—a reality now backed by measurable data. Recent findings show that the dollar’s share of global reserves has declined to approximately 60%, down from 67% two decades ago. This gradual but persistent shift signals a transformational change in global finance, as central banks increasingly diversify their holdings away from the greenback. At present, the ongoing de-dollarization trend is considered one of the most consequential changes in the international monetary system in decades.
The Decline of Dollar Dominance in Numbers
The dollar’s share in global reserves has been steadily eroding over the past 20 years, reflecting a global strategy by central banks to reduce reliance on any single currency and to protect themselves from geopolitical risk.
Historical Context of the Dollar’s Weakening
Since the euro’s introduction in 1999, central banks have actively trimmed their dollar holdings. The British pound and Canadian dollar have gained modest ground, while global trade disputes and rising geopolitical tensions have accelerated a move away from U.S. currency dominance.
Economically stressed nations and those seeking greater monetary independence are contemplating a shift from using the U.S. dollar as the primary trade currency. As a result, “de-dollarization” has become a central topic in financial markets.
Paradox of Dollar Strength Amid Declining Reserve Status
Even as reserve status declines, the dollar has remained remarkably resilient. Its strength is driven by:
Higher U.S. interest rates
Strong capital inflows
Safe-haven appeal during global turmoil
As a result, the dollar has climbed to new highs in real terms, reflected in the Federal Reserve Trade Weighted Real Broad Dollar Index.
Market Reactions to Dollar Uncertainty
This year, the U.S. dollar weakened by 8% against a basket of major foreign currencies—fueling debate over its long-term reliability.
“It is hard to put the genie back in the bottle once such concerns are raised.”
— Vishwanath Tirupattur, Morgan Stanley strategist
With this uncertainty, investors are reallocating assets into gold, German bonds, and emerging markets, signaling a desire to diversify away from dollar-denominated investments.
Structural Challenges for Alternative Currencies
Despite this shift, replacing the dollar is no easy feat. Only a few alternatives come close to meeting the requirements of a reserve currency.
“There is really no alternative to the dollar. The Euro is very fragmented, China’s currency doesn’t float freely in markets, and the yen doesn’t have the scale to compete.”
— Brent Coggins, CIO, Triad Wealth Partners
A true reserve currency must be:
Freely convertible
Backed by deep and liquid bond markets
Readily accessible in times of crisis
The U.S. Treasury market continues to provide these essentials, despite the dollar’s recent challenges.
Future Outlook for the Global Reserve System
While a complete abandonment of the dollar seems unlikely in the near term, the trend is clear: the world is moving toward a multipolar currency system.
“We ultimately think this shift is tactical rather than a fundamental reassessment of U.S. assets.”
— Nick Bennenbroek, International Economist, Wells Fargo
Yet, what truly worries White House economists is not short-term volatility—but the potential for a long-term structural reallocation of global savings away from U.S. assets. Such a move would undermine America’s ability to borrow cheaply, long considered an “exorbitant privilege.”
The global financial order is evolving. While no immediate successor to the dollar exists, the momentum of de-dollarization is unmistakable and growing.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Seeds of Wisdom RV and Economic Updates Monday Morning 5-19-25
Good Morning Dinar Recaps,
TRUMP CONGRATULATES REPUBLICANS AFTER ‘BIG BEAUTIFUL BILL’ PASSES HOUSE PANEL
President Donald Trump praised House Republicans after a narrow but pivotal vote late Sunday night advanced what he called the “One Big Beautiful Bill Act,” containing many of his top legislative priorities.
“CONGRATULATIONS REPUBLICANS!!!” the president posted on Truth Social just before 1 a.m. Monday. “MAKE AMERICA GREAT AGAIN!!!”
Good Morning Dinar Recaps,
TRUMP CONGRATULATES REPUBLICANS AFTER ‘BIG BEAUTIFUL BILL’ PASSES HOUSE PANEL
President Donald Trump praised House Republicans after a narrow but pivotal vote late Sunday night advanced what he called the “One Big Beautiful Bill Act,” containing many of his top legislative priorities.
“CONGRATULATIONS REPUBLICANS!!!” the president posted on Truth Social just before 1 a.m. Monday. “MAKE AMERICA GREAT AGAIN!!!”
The House Budget Committee voted 17-16 in a rare late-night session to move the bill forward. The proposed legislation aims to:
Extend Trump’s 2017 tax cuts
Boost immigration enforcement funding
Cut spending on select social programs
House Republicans had spent the previous week negotiating details, particularly around spending cuts and the bill’s potential impact on the long-term national debt.
Notably, four GOP members who had previously blocked the bill’s advancement — Reps. Ralph Norman (S.C.), Chip Roy (Texas), Andrew Clyde (Ga.), and Josh Brecheen (Okla.) — shifted their stance and voted present, allowing the bill to proceed.
Speaker Mike Johnson (R-La.) said the process is far from over, stating the House will continue refining the measure as it moves to the Rules Committee:
“There’s a lot more work to do, we’ve always acknowledged that towards the end there will be more details to iron out, we have several more to take care of,” Johnson told reporters.
@ Newshounds News™
Source: The Hill
~~~~~~~~~
DUBAI REGULATOR SETS COMPLIANCE DEADLINE FOR UPDATED CRYPTO RULES
Dubai’s Virtual Assets Regulatory Authority (VARA) has issued Version 2.0 of its activity-based Rulebooks, giving all licensed virtual asset service providers (VASPs) until June 19, 2025, to comply. The updated framework aims to strengthen market integrity, standardize regulatory terms, and enhance risk management across the digital asset ecosystem.
The revised rules, announced on May 19, tighten oversight for key activities including margin trading, token distribution, brokerage, custody, exchange, lending and borrowing, virtual asset management, and transfer and settlement services. VARA has harmonized compliance obligations across these areas, reducing ambiguity and streamlining operational expectations for VASPs.
Among the most notable updates are enhanced supervisory mechanisms and clearer definitions of core concepts such as “client assets,” “qualified custodians,” and “collateral requirements.” VARA also aligned disclosure obligations where service categories overlap, aiming to ease cross-functional compliance.
Margin trading regulations have been specifically tightened. Leverage thresholds have been reduced, and VASPs are now subject to stricter collateralization standards and real-time monitoring obligations. These measures are designed to curb systemic risks associated with overleveraged trading, particularly in volatile markets.
The new Rulebooks also introduce a dedicated section on token distribution. This includes clear licensing prerequisites, investor protection requirements, and robust marketing restrictions—especially for retail-facing offers—intended to align with global regulatory standards.
A VARA spokesperson emphasized that the updates aim to close observed regulatory gaps and create a consistent, secure environment for virtual asset activity in Dubai.
VASPs must comply within the 30-day transition period to avoid penalties. VARA’s supervisory team will be engaging directly with regulated firms to facilitate the transition and ensure readiness by the June 19 deadline.
@ Newshounds News™
Source: CoinTelegraph
~~~~~~~~~
BRICS: 5 COUNTRIES PAY 93% OF TRADE IN NATIONAL CURRENCIES
BRICS member Russia is advancing the de-dollarization agenda, convincing economic alliances to settle trade payments in national currencies instead of the US dollar. In the latest move, Russia confirmed that 93% of cross-border payments within the Eurasian Economic Union (EAEU) are now settled in national currencies.
This significant shift reflects a growing global trend away from the U.S. dollar as the dominant medium for international trade. After BRICS, several other economic alliances are following suit, putting further pressure on the dollar’s global reserve status. Emerging economies are asserting greater control over the global financial order, independently of Western influence.
BRICS: Eurasian Economic Union (EAEU) Sidelines the US Dollar
The EAEU alliance consists of five countries: Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan. In 2015, only 70% of the bloc’s trade was conducted in national currencies. A decade later, that figure has climbed to a record 93%, reflecting a steady transition fueled by BRICS-inspired monetary strategies.
“If in 2015 the share of the ruble and other national currencies was about 70% in settlements with our partners in the EAEU, then by the end of last year we reached a record 93%,”
— Dmitry Volvach, Russian Deputy Minister of Economic Development
Russia has extended the BRICS ideology to the EAEU, pushing national currencies ahead of the US dollar in global trade. Today, BRICS, CIS, SCO, GCC, ASEAN, and EAEU are increasingly transacting in their own currencies, significantly reducing reliance on the dollar.
No Force—Only Incentives to De-Dollarize
Volvach stressed that no nation was coerced into de-dollarization. Instead, the transition was driven by practical benefits and national interests:
“It is impossible to artificially force participants in foreign economic activity to switch to one currency. This is a good foundation for further growth,”
— Dmitry Volvach
BRICS and EAEU now stand at the forefront of de-dollarization, marking a pivotal moment where national currencies gain global relevance over the long-dominant U.S. dollar.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Seeds of Wisdom RV and Economic Updates Sunday Afternoon 5-18-25
Good Afternoon Dinar Recaps,
US COMPLETELY LOSES PERFECT CREDIT RATING FOR FIRST TIME IN OVER A CENTURY
Moody's Ratings downgraded the U.S. government's credit rating on Friday, citing repeated failures by successive administrations to control the country's growing debt. The agency lowered the rating from its highest grade, Aaa, to Aa1, noting that while the U.S. still benefits from key strengths—such as a dynamic economy and the global dominance of the U.S. dollar—its fiscal outlook has significantly deteriorated.
Good Afternoon Dinar Recaps,
US COMPLETELY LOSES PERFECT CREDIT RATING FOR FIRST TIME IN OVER A CENTURY
Moody's Ratings downgraded the U.S. government's credit rating on Friday, citing repeated failures by successive administrations to control the country's growing debt. The agency lowered the rating from its highest grade, Aaa, to Aa1, noting that while the U.S. still benefits from key strengths—such as a dynamic economy and the global dominance of the U.S. dollar—its fiscal outlook has significantly deteriorated.
Why It Matters
The shift means the United States no longer enjoys a fully stable top-tier rating from any major agency for the first time in more than 100 years. Moody's becomes the third and final major credit agency to reduce its assessment of the federal government's creditworthiness. Standard & Poor's made its first-ever downgrade in 2011, and Fitch Ratings followed in 2023.
What to Know
In its announcement, Moody's—led by chief economist Mark Zandi—projected the federal deficit will rise to nearly 9% of GDP by 2035, up from 6.4% in 2024, driven by:
mounting interest payments,
rising entitlement costs, and
sluggish revenue growth.
Moody's also warned that extending President Donald Trump's 2017 tax cuts—now a key priority for the Republican-led Congress—would add $4 trillion to the federal primary deficit over the next decade. Political gridlock remains a major obstacle to fiscal reform, with:
Republicans opposing tax increases, and
Democrats resisted spending cuts,
leaving little room for bipartisan solutions.
What to Know About the Three Major Credit Agencies
The three major credit rating agencies—Moody's Investors Service, S&P Global Ratings, and Fitch Ratings—play a critical role in assessing the creditworthiness of sovereign nations, including the United States. These agencies assign ratings that influence:
borrowing costs,
investor confidence, and
global economic perceptions.
A top-tier credit rating signals low risk, while a downgrade can lead to increased borrowing costs and financial instability.
Historically, the U.S. maintained a perfect credit rating from all three agencies for decades, reflecting the country's economic strength and political stability. That changed in 2011 when S&P downgraded the U.S. from AAA to AA+ following a contentious debt ceiling standoff. Fitch followed in 2023, citing fiscal deterioration and repeated political brinkmanship. Moody's had been the last to maintain a stable AAA rating—until now.
Moody's, founded in 1909, is the oldest of the three.
S&P, established in 1860, is known for its market indices and ratings.
Fitch, founded in 1914, is the smallest but still influential.
Together, these agencies hold immense sway over global finance, and their recent assessments of the U.S. reflect growing alarm over debt levels and political instability.
What People Are Saying
🔹 Democratic strategist Chris Jackson posted on X (formerly Twitter):
"BREAKING: In a stunning move, Moody's has downgraded the U.S. credit rating from Aaa to Aa1—for the first time in history. That's right: the only major credit agency that hadn't downgraded us under Trump just did. Who else enjoying all this 'economic winning' under Trump?"
🔹 Steven Cheung, assistant to President Trump and White House Director of Communications, replied:
"Mark Zandi, the economist for Moody's, is an Obama advisor and Clinton donor who has been a Never Trumper since 2016. Nobody takes his 'analysis' seriously. He has been proven wrong time and time again."
@ Newshounds News™
Source:
Newsweek – Moody’s Downgrades U.S. Credit Rating
~~~~~~~~~
CHINA SELLS $19B IN U.S. TREASURIES AS TRADE WAR ESCALATES
Beijing Cuts Holdings Amid Tariff Tensions and U.S. Credit Concerns
China has significantly reduced its holdings of U.S. government debt, shedding $18.9 billion in Treasuries in March, according to newly released data from the U.S. Department of the Treasury. This move aligns with rising tensions in the ongoing U.S.–China trade conflict.
Sharp Drop in Holdings
China’s Treasury holdings fell to $765.4B in March, down from $784.3B in February.
This is one of the steepest monthly reductions in recent years.
China is now the third-largest U.S. debt holder, behind the U.K. and Japan.
This reduction comes amid growing speculation that China may use its U.S. debt holdings as a geopolitical tool—or to reduce risk as bilateral relations deteriorate.
Trade War Fueling Financial Maneuvers
China’s actions follow the U.S.'s aggressive tariff measures, which have escalated into what many now consider a de facto trade embargo, with tariffs exceeding 100% on some imports.
Chinese economist and former central bank adviser Yu Yongding commented:
“China must have a set of countermeasures through repeated scenario planning to safeguard the security of its overseas assets.”
Global Credit Concerns Deepen
China's debt selloff coincides with mounting concerns over the U.S.’s fiscal health:
Moody’s downgraded U.S. debt from ‘AAA’ to ‘Aa1’, citing unsustainable debt levels.
Interest payments and debt ratios are now “significantly higher than similarly rated sovereigns,” Moody’s warned.
Interestingly, China increased its U.S. Treasury holdings by $20B in February, despite the early tariff rounds. March’s reversal signals a shift in strategy as tensions spike.
@ Newshounds News™
Source: Full article on Bitcoin.com
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Wall Street is Completely Ignoring Silver’s Potential
Wall Street is Completely Ignoring Silver’s Potential
Liberty and Finance: 5-17-2025
The recent U.S. debt downgrade has sent ripples of unease throughout the financial world, and expert analyst Don Durrett believes it’s just the tip of the iceberg.
In a recent interview with Liberty and Finance, Durrett dives deep into the precarious future of gold and silver, painting a compelling picture of economic instability and a potential financial reset.
Wall Street is Completely Ignoring Silver’s Potential
Liberty and Finance: 5-17-2025
The recent U.S. debt downgrade has sent ripples of unease throughout the financial world, and expert analyst Don Durrett believes it’s just the tip of the iceberg.
In a recent interview with Liberty and Finance, Durrett dives deep into the precarious future of gold and silver, painting a compelling picture of economic instability and a potential financial reset.
His predictions are bold: gold soaring to $5,000 and silver breaking past $100, driven by a confluence of factors eroding the foundation of the current financial system.
Durrett doesn’t shy away from discussing the forces of economic manipulation at play. He argues that the persistent intervention in markets has created an artificial environment, masking underlying weaknesses and delaying the inevitable reckoning.
He also delves into the complexities of Triffin’s dilemma, highlighting the inherent contradictions in a system where a national currency also serves as the global reserve currency. This tension, he contends, contributes significantly to global economic imbalances and instability.
The bond market, a cornerstone of the modern financial system, is also under increasing strain, according to Durrett. Rising interest rates and inflationary pressures are jeopardizing its stability, potentially triggering a cascade of negative consequences for investors and the broader economy.
He emphasizes the importance of understanding these vulnerabilities and taking proactive steps to protect one’s wealth.
But amidst the concerns, Durrett offers a pathway to navigate the storm: precious metals, particularly silver. He makes a strong case for a fundamental economic reset, arguing that the current system is unsustainable in its present form.
He believes that gold and silver, traditionally seen as safe-haven assets, will play a crucial role in this transition, serving as a hedge against inflation and a store of value during periods of economic turmoil.
While gold is often touted as the ultimate safe haven, Durrett highlights silver’s unique potential. He points to its increasing industrial demand, particularly in green technologies like solar panels and electric vehicles.
This growing demand, coupled with a limited supply, could propel silver prices to levels unseen before. He positions silver not just as a store of value, but as a critical component of the future economy, further solidifying its position as a valuable asset.
The interview with Durrett serves as a stark warning about the challenges facing the global financial system.
He encourages investors to educate themselves, understand the forces at play, and consider diversifying their portfolios with precious metals.
While the predictions of $5,000 gold and $100 silver may seem ambitious, Durrett’s analysis provides a compelling rationale for their potential realization, driven by economic manipulation, systemic vulnerabilities, and the growing demand for silver in the new economy.
As the current system teeters, understanding the potential of precious metals, and particularly silver, might be crucial for navigating the uncertain times ahead.
Seeds of Wisdom RV and Economic Updates Sunday Morning 5-18-25
Good Morning Dinar Recaps,
THE LATEST STABLECOIN GENIUS ACT DRAFT: ADDRESSING KEY DEMOCRAT OBJECTIONS?
Yesterday, Punchbowl News reported that Senate leader John Thune had filed for a procedural vote (cloture) on the Stablecoin GENIUS Act — the same vote that failed last week. Hence, another vote is likely to be held next week. Democrat Senator Kirsten Gillibrand claimed major progress on the bill, indicating that several Democrats were gearing up to support it.
However, last night, Punchbowl published a memo from Senator Elizabeth Warren highlighting ongoing problem areas.
Good Morning Dinar Recaps,
THE LATEST STABLECOIN GENIUS ACT DRAFT: ADDRESSING KEY DEMOCRAT OBJECTIONS?
Yesterday, Punchbowl News reported that Senate leader John Thune had filed for a procedural vote (cloture) on the Stablecoin GENIUS Act — the same vote that failed last week. Hence, another vote is likely to be held next week. Democrat Senator Kirsten Gillibrand claimed major progress on the bill, indicating that several Democrats were gearing up to support it.
However, last night, Punchbowl published a memo from Senator Elizabeth Warren highlighting ongoing problem areas.
Ongoing Concerns About Trump Family Interests
Firstly, she objected that there’s nothing in the Bill stopping elected officials and their families from issuing stablecoins. The involvement of President Trump’s sons with crypto firm World Liberty Financial is viewed as controversial by some. That concern was exacerbated when its new stablecoin, USD1, was used in a $2 billion transaction by a firm chaired by the UAE’s national security adviser.
Regarding families, earlier this week, Senator Gillibrand implied that family members are legally permitted to issue stablecoins. However, officials themselves cannot. Since early May, there has been a GENIUS Act clause that states:
“For the avoidance of doubt, existing Office of Government Ethics laws and the ethics rules of the Senate and the House of Representatives prohibit any member of Congress or senior executive branch official from issuing a payment stablecoin during their time in public service.”
BigTech Stablecoin Issuance
Senator Warren’s second objection is that BigTech firms, such as Meta or X, are still allowed to issue stablecoins.
While the latest draft does not have a blanket ban, it includes a significant clause addressing issuance by public non-financial corporations. These firms must be approved by the Stablecoin Certification Review Committee, which will assess:
Financial stability concerns
Protection of consumer data
Avoiding tying stablecoin services to other business activities
However, this only applies to public companies. For example, it would not apply to X, Stripe, or other unlisted unicorns. The Committee will consist of the:
Secretary of the Treasury
Federal Reserve Chair or Vice Chair
Chair of the FDIC
Terrorism and Criminal Activities
Senator Warren is also concerned about the use of stablecoins for terrorist and criminal activities. She wrote:
“New language in the draft bill imposing restrictions on when foreign companies can issue stablecoins in the United States makes no material difference, given that the coins could still be issued offshore and moved through domestic decentralized exchanges accessed by terrorists and criminals.”
Her concern might relate to a change in wording — replacing “any person” with “digital asset service provider” (DASP) in several places. This was likely done to align with the upcoming crypto market infrastructure legislation. However, individuals involved in decentralized exchanges may not be covered under the DASP definition — potentially creating a loophole.
Stablecoins and Financial Stability
Stablecoins offer many potential benefits, but they also carry significant financial stability risks. Senator Warren believes these risks are not sufficiently addressed in the current draft:
“[The bill] would still allow issuers to actually invest their reserves in riskier assets, hold them in offshore accounts, engage in dangerous financial and commercial activities, and prevent regulators from applying strong safeguards — inviting a future crash and costly bailouts.”
Other jurisdictions generally require onshore reserve holdings for stablecoins, whereas the GENIUS Act is different in this respect. Some argue that reserves should only be invested in direct government securities, not in money market funds that add a layer of risk.
There is also growing interest in using tokenized assets for stablecoin reserves. These are often tokenized money market funds, which raises the need for clear tokenization standards, including:
Secure custody providers
Transparent audits
Prohibitions on rehypothecation (lending of underlying assets)
There’s no point in banning stablecoin issuers from lending reserves if the tokenization firm can do so instead.
Political Landscape and Path Forward
Despite these concerns, it’s important to consider the broader political context. Senator Warren has long held strong opposition to cryptocurrencies and stablecoins. Her support for any such legislation remains unlikely.
The key to successful regulation lies in garnering Democratic support from lawmakers like Gillibrand, who understand that regulating existing stablecoins is critical. Without a clear framework, the regulatory vacuum may only increase the risks posed by this growing financial sector.
@ Newshounds News™
🔗Source: Ledger Insights
~~~~~~~~~
🚫 JUDGE DENIES JOINT BID FROM RIPPLE AND THE SEC TO END XRP LEGAL BATTLE
A U.S. judge has rejected a joint request from Ripple and the SEC that sought to end their long-running legal dispute over XRP, saying their bid failed to meet legal requirements.
⚖️ What happened?
Ripple and the SEC filed a joint motion for an “indicative ruling” to reduce Ripple’s $125 million civil penalty to $50 million, and potentially vacate the penalty altogether.
But District Judge Analisa Torres shut it down, saying the parties failed to address the legal burden required to change or vacate the prior judgment.
🧾 Judge Torres wrote:
"Relief from judgment under Rule 60 is granted ‘only upon a showing of exceptional circumstances’… The parties have made no effort to satisfy that burden here; their request does not even mention the rule."
She concluded:
"If jurisdiction were restored, the court would deny the parties’ motion as procedurally improper."
📜 Background on the case:
The SEC sued Ripple in late 2020, alleging it sold XRP as an unregistered security.
In 2023, Judge Torres ruled that Ripple’s open-market XRP sales were NOT securities, but said institutional sales WERE.
🧨 In August 2023, Ripple was hit with a $125 million penalty. Both Ripple and the SEC have appealed the amount.
📉 Post-Gensler Fallout:
Since Donald Trump took office and Gary Gensler exited the SEC, the agency has walked back several crypto enforcement actions. But this case continues to hang in the balance.
📌 Judge Torres' ruling keeps the legal penalties in place — and the battle continues.
@ Newshounds News™
📎 Source: DailyHodl
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Seeds of Wisdom RV and Economic Updates Saturday Afternoon 5-17-25
Good Afternoon Dinar Recaps,
GENIUS ACT VOTE ON MAY 19: WILL THE U.S. FINALLY REGULATE STABLECOINS?
The U.S. Senate is preparing to vote on the GENIUS Act (Guaranteed Electronic USD Issuance and Safeguards Act) on May 19, 2025. The bipartisan bill, co-sponsored by Senator Bill Hagerty (R-TN) and Senator Kirsten Gillibrand (D-NY), aims to establish the first-ever regulatory framework for payment stablecoins in the United States.
Good Afternoon Dinar Recaps,
GENIUS ACT VOTE ON MAY 19: WILL THE U.S. FINALLY REGULATE STABLECOINS?
The U.S. Senate is preparing to vote on the GENIUS Act (Guaranteed Electronic USD Issuance and Safeguards Act) on May 19, 2025. The bipartisan bill, co-sponsored by Senator Bill Hagerty (R-TN) and Senator Kirsten Gillibrand (D-NY), aims to establish the first-ever regulatory framework for payment stablecoins in the United States.
Hagerty Eyes Bipartisan Breakthrough
Senator Hagerty remains optimistic despite the bill’s rocky journey. On May 8, the GENIUS Act fell short of the 60-vote threshold required for cloture—only 48 senators voted in favor, while 49 opposed. Concerns from Democrats included:
▪️ Weak anti-money laundering (AML) measures
▪️ Lack of oversight on foreign-issued stablecoins
▪️ Insufficient consumer protection mechanisms
In response, bipartisan negotiations have led to key amendments. FOX Business reporter Eleanor Terrett confirmed on X that the revised version includes:
▪️ Enhanced customer safeguards
▪️ Clearer bankruptcy protection for stablecoin holders
▪️ Ethical restrictions, barring Big Tech firms (like Meta, Google) and individuals like Elon Musk from issuing stablecoins
These additions aim to win support from cautious lawmakers and ensure the bill aligns with investor protection and national security goals.
Stablecoin Market: A $246 Billion Sector Awaits Regulation
The timing is crucial. The global stablecoin market is now worth over $246 billion, with Tether’s USDT ($151B) and Circle’s USDC ($61B) leading the charge. These tokens, pegged 1:1 with fiat currency, are essential for traders, institutions, and fintech innovators.
Use cases are growing fast. Mastercard’s partnership with MoonPay is enabling stablecoin payments for 150 million merchants worldwide—further validating the need for regulation.
Senator Hagerty argues the GENIUS Act would:
▪️ Cement the U.S. dollar’s dominance in the digital economy
▪️ Increase demand for U.S. Treasuries
▪️ Encourage fintech innovation to stay within U.S. borders
Can the GENIUS Act Pass?
To pass, the Senate requires 60 votes. As of May 17, 2025, the chamber makeup is:
▪️ Democrats (including Independents): 51 seats
▪️ Republicans: 49 seats
With no party holding a filibuster-proof majority, the bill’s success hinges on bipartisan cooperation. If 9–11 moderate Democrats or Republicans flip in favor, the GENIUS Act could mark a historic regulatory milestone for crypto.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
BRICS NEWS: THIS US SECTOR WILL CRASH FIRST IF BRICS ABANDONS THE DOLLAR
The BRICS alliance has turned aggressive in advancing the de-dollarization initiative to bring down the US dollar’s global hegemony. They are forging new trade deals with other developing countries to settle cross-border transactions in their respective local currencies. The long-term goal of the 10-member bloc is to diminish the Western powers and tilt the financial authority towards the East.
The main objective of BRICS is to usher the world into a new financial era where the US, the dollar, and other Western allies have no power in global affairs and the overall markets.
The roadmap is already set, and the developing nations are working towards making it a reality. Whether they will be successful in bringing the US dollar down or not, only time will tell.
However, if BRICS manages to abandon the dollar, one important US sector will be the first to crash. It holds the keys to the American economy and global superiority, and without its support, America might never be a superpower. In this article, we will explain the top sector that will crash first if BRICS ditches the dollar.
Top US Sector To Crash If BRICS Ditches the Dollar
The US banking sector will be the first to come crashing down if BRICS ditches the dollar for cross-border transactions. Leading global banking giants such as JP Morgan, Bank of America, Citigroup, and several others will lose trillions of wealth. These US banks are heavily exposed to the US dollar through foreign exchange and dollar-denominated debt.
If BRICS decides to pull the plug on the dollar, US banks will face a liquidity crunch affecting interest rates and profits. These banks supply the US dollar “forward and backward” into America, and failing to do so will add greater pressure. It would expose the stock market to an extensive decline that has never been seen before.
In conclusion, the first US sector to crash if BRICS sidelines the dollar is the American banking system.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
News, Rumors and Opinions Saturday 5-17-2025
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 Sat. 17 May 2025
Compiled Sat. 17 May 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Wed. 14 May 2025 What to Expect Next – This Week’s Timeline: Many of you are asking what comes next. Barring any unforeseen delays, here’s a general sequence anticipated in the coming days. …Nesara Gesara QFS on Telegram
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 Sat. 17 May 2025
Compiled Sat. 17 May 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Wed. 14 May 2025 What to Expect Next – This Week’s Timeline: Many of you are asking what comes next. Barring any unforeseen delays, here’s a general sequence anticipated in the coming days. …Nesara Gesara QFS on Telegram
1. Final Briefings & Tests (Early Week): In the first part of this week, last-minute system tests and briefings have been underway behind closed doors. Technical teams and military alliance members are making sure everything is 100% prepared. Quiet confirmations have been flowing in, signaling that “all systems are go.”
2. Initial Public Alerts (Mid-Week): By mid-week, we expect the first public confirmations to start surfacing. This could include subtle announcements or emergency test messages that prepare the way for broader disclosures. Keep an eye out for any unusual “breaking news” or official statements. The aim here is to get the word out gently without causing panic, while bypassing the main stream media blackout.
3. Major Disclosures Begin (Late Week): Toward the end of the week, coordinated public disclosures are likely to kick off. We anticipate a series of global announcements revealing the activation of NESARA/GESARA reforms and the launch of the QFS to the world.
This might involve the Emergency Broadcast System or special televised briefings so that everyone, everywhere, hears the truth. Expect clarity on debt forgiveness, new currencies, and the restored freedoms that come with this shift. The main stream media won’t be able to stay quiet at this point – the news will be simply too big.
4. QFS Access & Rollout (Weekend & Beyond): Once the announcements are made, the Quantum Financial System goes live for the public. You’ll receive official guidance on accessing your QFS wallet and any exchange/redemption appointments if applicable. Funds from global prosperity programs may start to be distributed in phases. Simultaneously, NESARA provisions (like relief from certain debts and taxes) will quietly begin implementation. Life-changing blessings will roll out step by step, in a controlled manner, to ensure a smooth and joyous transition for all.
Each stage of this process will bring more confirmations out in the open. Every day, new proof of this grand plan is emerging – whether through insider leaks, minor news reports, or your own personal experiences (many are already noticing things like odd bank quirks or hints of financial changes). Stay alert but calm as events unfold. I will continue updating you with verified information as I receive it.
Remember, we are on the threshold of an amazing new world. Stay unified, positive, and prepared. More confirmations are coming, and with each passing day, the vision of GESARA becomes less theory and more reality. We’ve got this, together!
Thurs. 15 May 2025 Bruce The Big Call: Notification to Bond Holders and Tier4b (us, the Internet Group) was supposed to happen over the weekend with exchange appointments beginning next week. DOGE checks & increases in Social Security payments should come this month of May. R&R payments will be in our accounts at the Redemption Center.
Read full post here: https://dinarchronicles.com/2025/05/17/restored-republic-via-a-gcr-update-as-of-may-17-2025/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 If they decide to release at 1 to 1, it's instant as quick as light because it's just a button that every bank, every exchange center, everybody gets the new rate to be on par with everybody else.
Mnt Goat Perhaps the best word to describe the news for today is “climax”. Having the privilege of holding the Arab Summit in Iraq alone shows prestige and honors from the Arab community. This climax is in part from all the reforms necessary to satisfy their plan laid out in the White Paper implementing the Pillars of Financial Reform. All this investment money pouring into the U.S. and Iraq from the U.S. is nothing but amazing. Remember I always asked the question as to when will the U.S. finally step up and realize the investment potential in Iraq. Well…now is the time under President Trump.
************
SILVER ALERT! COMEX Riggers Struggle to Find Physical Silver to Deliver Against Shorts!!
(Bix Weir) 5-16-2025
Looks like we will have ANOTHER 80Moz+ delivery month when all is said and done for the COMEX May Silver delivery month! That's twice in 3 months with another huge month in the works for June!! WHERE WILL THEY GET THE PHYSICAL SILVER TO COVER SHORTS?!
Seeds of Wisdom RV and Economic Updates Saturday Morning 5-17-25
Good Morning Dinar Recaps,
Article: Europe’s MiCA Law Is in Motion — But Can the Crypto Industry Keep Up?
• MiCA enters a critical implementation phase across the European Union.
• Stablecoin rules spark industry shake-up, with Tether refusing to comply.
• BitGo steps in with MiCA-compliant licensing in Germany.
The European Union’s Markets in Crypto-Assets regulation — better known as MiCA — is now in its critical implementation phase. Designed to harmonize crypto regulation across all 27 EU member states, MiCA aims to bring clarity, consumer protection, and long-term market stability. But as implementation begins, challenges are already surfacing.
Good Morning Dinar Recaps,
Article: Europe’s MiCA Law Is in Motion — But Can the Crypto Industry Keep Up?
• MiCA enters a critical implementation phase across the European Union.
• Stablecoin rules spark industry shake-up, with Tether refusing to comply.
• BitGo steps in with MiCA-compliant licensing in Germany.
The European Union’s Markets in Crypto-Assets regulation — better known as MiCA — is now in its critical implementation phase. Designed to harmonize crypto regulation across all 27 EU member states, MiCA aims to bring clarity, consumer protection, and long-term market stability. But as implementation begins, challenges are already surfacing.
This week’s Byte-Sized Insight episode explores MiCA’s newly active provisions, focusing particularly on stablecoins, and why some of the industry's largest players are pushing back.
As of January 2025, crypto asset service providers (CASPs) have begun acquiring licenses to legally operate within the EU. A transitional or “grandfathering” period grants existing firms up to 18 months (depending on the member state) to comply. However, with regulatory deadlines looming, firms must act swiftly.
Stablecoins Under Fire
One of MiCA’s earliest — and most controversial — provisions focuses on stablecoins.
Under the regulation, no stablecoin may be offered to EU users unless the issuer is authorized within the EU and publishes a white paper approved by regulators.
Additional requirements include:
• Strict reserve asset mandates
• Robust governance structures
• Conflict of interest policies
• Tight marketing rules
• A ban on offering interest-bearing tokens
This puts the world’s most-used stablecoin — Tether’s USD₮ — at odds with MiCA.
Tether has publicly announced that it will not seek MiCA compliance, which could force exchanges to delist it across the EU.
💬 Tether CEO Paolo Ardoino told Cointelegraph’s Gareth Jenkinson at Token2049:
“The reason is not, uh, fear of regulations, fear of compliance… The problem that I had with, um, with MiCA is that [the] license is very dangerous when it comes to stablecoins and I believe that it's even more dangerous for the small medium banking system in Europe.”
Compliance Players Step In
While some resist, others are embracing the new landscape.
BitGo, a major crypto custody firm, has obtained a MiCA-compliant license in Germany.
This positions BitGo to serve institutional players throughout the EU.
💬 Brett Reeves, Head of Go Network and European Sales at BitGo, shared:
“We found that both BaFin and the European regulators have been relatively straightforward to deal with. Sometimes they have difficult questions, but they're there to make sure that our processes are in place and up to scratch.”
Industry voices are also calling for clarity at the national level.
Erwin Voloder, Head of Policy at the European Blockchain Association, emphasized the importance of consistent interpretation and guidance from EU regulators.
Without it, there's a risk of fragmented enforcement and uncertainty for market participants.
MiCA marks a turning point for crypto regulation in Europe — but its success hinges on how well the industry adapts and how effectively regulators coordinate implementation.
@ Newshounds News™
Source: Cointelegraph
~~~~~~~~~
Article: XRP News Today – Bank of France Officially Testing Ripple’s Ledger for Digital Euro
• Bank of France is officially testing Ripple’s private ledger for a Euro-based CBDC.
• Marks the first confirmed trial of Ripple’s blockchain for a national digital currency in France.
• Could give Ripple a first-mover advantage in the EU’s digital finance future.
A new academic study from Ulster University reveals that the Bank of France is actively testing Ripple’s private ledger as the underlying blockchain for a potential Central Bank Digital Currency (CBDC) based on the euro.
💬 The update was shared by crypto analyst @WrathofKahneman on X (formerly Twitter), highlighting what may be the first confirmed government trial of Ripple’s ledger for a European national digital currency.
Ripple’s Private Blockchain Gets a Seat at the Table
According to the academic findings, the Bank of France is currently conducting live tests on Ripple’s enterprise-grade private ledger.
This development significantly strengthens Ripple’s reputation as a top-tier blockchain infrastructure provider for national-level digital currencies.
France’s involvement is particularly notable due to its leadership role within the European Union, adding weight to any potential adoption discussions surrounding the digital euro.
Why This Trial Is a Major Milestone
🔹 Institutional Validation:
The Bank of France trial signals that Ripple’s blockchain is gaining serious institutional trust, despite past regulatory scrutiny in the United States.
🔹 EU-Wide Implications:
If successful, this test could pave the way for Ripple’s technology to be considered for EU-wide digital euro initiatives.
🔹 Tech Over Token:
The trial emphasizes Ripple’s value as a blockchain infrastructure provider, not just a cryptocurrency issuer.
🔹 First-Mover Advantage:
Ripple’s ready-to-deploy ledger gives it a potential edge over competitors still developing their CBDC platforms.
The Bigger Picture: Ripple in the Global CBDC Race
Countries like China are already moving aggressively on CBDC development. Europe, by contrast, risks falling behind — unless it can adopt a scalable, secure solution quickly.
Ripple’s blockchain is uniquely positioned to fill this gap, offering speed, compliance, and reliability.
Why This Matters
Ripple’s entry into CBDC trials in France may mark the start of a much broader shift. As central banks globally search for trusted partners to usher in the next generation of money, Ripple is clearly positioning itself as a frontrunner in the digital financial revolution.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Will Trump Return To A Gold Standard? | John Rubino
Will Trump Return To A Gold Standard? | John Rubino
Liberty and Finance: 5-16-2025
John Rubino highlighted how Donald Trump’s second term is shaping up very differently from his first, with Trump now cutting major international deals and gaining political momentum, particularly in the Middle East.
Rubino praised Trump’s bold geopolitical moves, suggesting that his direct, transactional style is helping stabilize global trade tensions, despite lingering economic risks.
He pointed out that Trump’s aggressive approach could even extend to monetary reform, speculating that a return to the gold standard isn’t out of the question.
Will Trump Return To A Gold Standard? | John Rubino
Liberty and Finance: 5-16-2025
John Rubino highlighted how Donald Trump’s second term is shaping up very differently from his first, with Trump now cutting major international deals and gaining political momentum, particularly in the Middle East.
Rubino praised Trump’s bold geopolitical moves, suggesting that his direct, transactional style is helping stabilize global trade tensions, despite lingering economic risks.
He pointed out that Trump’s aggressive approach could even extend to monetary reform, speculating that a return to the gold standard isn’t out of the question.
On gold, Rubino noted its surprising strength in breaking past $3,000 without major resistance, attributing this to institutional buying and a growing distrust in fiat currencies.
He advised that while short-term corrections are likely, the long-term trajectory for gold remains bullish due to systemic financial instability and the inevitable devaluation of global currencies.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Trump's deal making
10:45 Gold market
21:00 Artificial Intelligence
30:10 Preparedness & health