Seeds of Wisdom RV and Economic Updates Monday Afternoon 6-30-25

Good Afternoon Dinar Recaps,

BRICS Aims To Topple US Dollar With a Currency That Doesn’t Exist

While headlines claim that a new BRICS currency is poised to dethrone the U.S. dollar, the reality tells a very different story: the currency doesn’t exist—at least not yet. What is being presented as a revolutionary step in de-dollarization is, for now, a political spectacle without substance.

A Currency Born From Hype—Not Policy

During the 16th BRICS summit in Kazan, Russian President Vladimir Putin unveiled what appeared to be a new BRICS banknote. The dramatic reveal sparked headlines and speculation about a fast-tracked effort to create a common currency for cross-border trade.

However, after inquiries from journalists, officials clarified that the bill was merely a mock-up, a publicity stunt with no real monetary backing. According to sources close to the event, the display was designed to “grab eyeballs,” rather than mark any true policy milestone.

In truth, no such BRICS currency exists—and no concrete development is underway.

India Confirms: Currency Talks Are Still in Infancy

Adding to the confusion, India’s BRICS Sherpa recently admitted that talks on a shared currency are still in “very early stages.” No drafts have been circulated. No frameworks have been agreed upon.

And more importantly, India has already signaled strong opposition to a shared banknote with China. Officials in New Delhi have expressed concerns that such an arrangement would serve Beijing’s interests disproportionately—undermining India’s own monetary autonomy and risking significant economic repercussions.

“India cannot support a currency that helps China undermine the U.S. dollar while harming its own economic base,” analysts noted.

Internal Friction Undermines BRICS Currency Ambition

Despite public declarations of unity, deep cracks within the BRICS bloc threaten the future of any shared currency:

▪️ India opposes China-led monetary dominance.
▪️ No operational design or reserve structure has been proposed.
▪️ National interests remain divided across economies that rely on USD-based trade.

Even if the BRICS currency materializes in the future, internal disunity could doom it from the start. Without alignment from key players like India, any such currency may lack credibility and liquidity in global markets.

Conclusion: BRICS Currency Remains a Phantom

The BRICS alliance may be vocal about challenging the U.S. dollar’s supremacy, but as of now, their most potent weapon—a shared currency—is purely fictional. The Kazan summit offered more theater than substance, and the much-hyped “BRICS banknote” remains a symbolic gesture rather than a real instrument of change.

For now, the BRICS currency is more myth than monetary threat.

@ 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

The Hidden Financial Reset: How Basel III Quietly Divided the World

The Hidden Financial Reset: How Basel III Quietly Divided the World

Miles Harris:  6-30-2025

It’s not de-dollarization. It’s not collapse. It’s a redesign — a regulatory one — that’s driving a hidden financial reset.

No tanks. No headlines. Just a quiet change in banking rules — and suddenly, the global financial system is reset into two.

Basel III flipped the script. In the West: gold sidelined, debt supercharged.

 In the East: a quiet buildup of gold and digital escape hatches. Two systems. One breaking point?

Since the 2008 financial crisis, banking regulation has gone through a quiet revolution. It didn’t make headlines. It didn’t trigger protests. But it redrew the incentives that shape how central banks and commercial banks manage money — and it did so in a way that now reveals a growing divergence between East and West.

00:00 Intro

01:23 Basel II Vs. Basel III

04:23 The Strategic Impact

 04:58 Summary of the Regulatory Shift

 06:53 The Bigger Picture

07:53 Summary

https://www.youtube.com/watch?v=hsRgTu5UEFg

Seeds of Wisdom RV and Economic Updates Monday Morning 6-30-25

Good Morning Dinar Recaps,

The End of Bank Branches: How Europe’s Digital Euro and Stablecoins Are Reshaping Finance

The financial world is undergoing a radical digital shift—and physical bank branches are quickly becoming obsolete.

Banking Faces a Digital Reckoning

The slow disappearance of local bank branches across Europe reflects a much deeper transformation. Digitalization, AI, and automation are now reshaping how we work, shop, and save—leaving traditional banking struggling to keep pace.

▪️ In Germany, over 560 branches were closed in 2023 alone, a 2.8% drop.
▪️ This is part of a decades-long contraction: from nearly 60,000 branches in the 1990s to just 18,933 today.
▪️ High rents, shrinking populations, and the dominance of e-commerce have hit brick-and-mortar services hard.

The quiet death of Germany’s bank branches is just one symptom of this evolution—but it's a global story now playing out in real time.

Deutsche Bank: Leading the Downsizing

In March, Deutsche Bank announced a wave of layoffs and branch closures.

“We are witnessing a fundamental transformation in the German banking sector,” said CEO Christian Sewing.

▪️ The bank will cut 2,000 jobs and shutter a “significant number” of branches this year.
▪️ Client consultations are moving to video calls and digital platforms, trading human interaction for efficiency.

This paradigm shift threatens the personal trust built through face-to-face banking—once considered the bedrock of retail finance.

Crushed by Policy, Not Just Progress

Technological change is not the only culprit. The European Central Bank’s (ECB) ultra-loose monetary policy has had devastating effects:

▪️ More than a decade of negative interest rates crushed banks’ ability to earn profit through traditional lending.
▪️ Banks were squeezed by regulatory costs, penalty interest, and flattened yield curves.
▪️ The ECB’s moves helped heavily indebted Eurozone countries like Spain, Italy, and France—but at the expense of private banks and savers.

The branch closures, layoffs, and pivot to digital aren’t just market-driven—they are also policy-driven.

Stablecoins and the Digital Euro: The Final Blow?

The next major disruption comes from stablecoins and the proposed digital euro—two innovations that could sideline banks entirely.

▪️ Stablecoins, pegged to fiat currencies, offer fast, low-cost global payments—no need for banks or wire transfers.
▪️ DeFi (Decentralized Finance) lets users transact via smart contracts, bypassing traditional credit and payment systems.
▪️ As adoption spreads, the need for checking accounts, branches, and bank-issued cards may vanish.

The digital euro, being developed by the ECB, may deliver the final push:

▪️ It’s programmable, blockchain-based, and bypasses commercial banks entirely.
▪️ Retail customers could hold digital euros directly in digital wallets—making bank intermediaries irrelevant.
▪️ Bank branches, long seen as hubs of trust and cash access, could become completely redundant.

A New Financial Era

Europe's digital currency ambitions and the rise of decentralized technologies signal a permanent departure from legacy banking infrastructure. In this new landscape:

• Banking becomes faster—but more impersonal.

• Traditional financial institutions lose control.

• Retail customers migrate to central bank-backed platforms.

The local branch, once a staple of every town square, may soon be no more than a memory.

@ Newshounds News™

Source: ZeroHedge

~~~~~~~~~

US Dollar Faces Historic Stress Test as BIS Issues Dire Warning on Global Fragility

The U.S. dollar, long considered the world’s most reliable safe haven, is facing a historic credibility crisis as global financial trust deteriorates. Amid rising policy turbulence in Washington, the Bank for International Settlements (BIS) has issued a stark warning on the fragility of the global economic order.

BIS: “New Era of Heightened Uncertainty”

At the BIS Annual General Meeting in Basel on June 29, General Manager Agustín Carstens declared that a once-promising recovery is now faltering.

“The global economy has entered a new era of heightened uncertainty,” Carstens warned, noting a reversal from earlier optimism driven by easing inflation and modest growth.

The catalyst: U.S. policy chaos. A sudden pivot toward broad-based tariffs and aggressive fiscal expansion has shocked global markets—undermining confidence and weakening the dollar’s standing.

Dollar Depreciates as Yields Rise—An Alarming Signal

“The US dollar depreciated even as government bond yields rose—an extraordinary, troubling combination,” Carstens stated.

▪️ Typically, rising yields strengthen the dollar.
▪️ This time, however, investors fled the currency, shaken by erratic policy shifts and unpredictable rhetoric from Washington.
▪️ Market volatility soared, and the dollar’s safe-haven image cracked.

Carstens added that discussions about penalizing foreign holders of U.S. securities, challenges to central bank independence, and legal system uncertainty further deepened the crisis.

Structural Risks and Global Fragility

Carstens emphasized that the world’s financial system was already under stress:

• Weak productivity growth

• Unsustainable fiscal positions

• The rise of unregulated non-bank financial institutions (NBFIs)

Now, tariff-driven trade fragmentation is making matters worse, fueling inflation and limiting economic flexibility.

“These measures often fail to achieve intended goals and instead deepen structural challenges,” Carstens warned.

He called for credible reforms aimed at:

▪️ Reducing trade barriers
▪️ Improving regulatory clarity
▪️ Investing in public infrastructure to support sustainable growth

A Call for Financial Reform in the Digital Age

Carstens also turned his focus to emerging technological threats and opportunities:

“Major innovations like the entry of big tech into finance, central bank digital currencies, and artificial intelligence are challenging and reshaping the financial system.”

He warned that unregulated innovation could magnify systemic risk, particularly if NBFIs continue to operate without proper oversight.

To meet this moment, Carstens proposed a new global financial architecture built on:

▪️ Tokenized central bank reserves
▪️ Government bonds integrated into digital ecosystems
▪️ Stronger oversight parity between banks and non-banks

The goal: restore trust, increase transparency, and future-proof global finance.

Conclusion: A Turning Point for the Dollar

As market dynamics shift and investor confidence wanes, the dollar’s status as a global safe haven is being seriously questioned for the first time in decades. The BIS’s warning is clear: without serious reform, the world may be heading into a prolonged era of economic instability and fragmentation.

The dollar isn’t just facing market pressure—it’s confronting a global reckoning of trust.

@ Newshounds News™
Source: 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

More News, Rumors and Opinions Sunday PM 6-29-2025

KTFA:

Clare:  Iranian President: We are ready to start a new page in relations with neighboring Gulf countries

6/29/2025

Iranian President Masoud Pezeshkian announced on Sunday that Iran is ready to begin a new chapter in relations with the Gulf states.

 "We are ready to start a new page in relations with the Gulf states," Masoud Pezeshkian was quoted as saying by the Iranian news agency.

Pezeshkian said that strengthening our relations with the Gulf states carries a message of peace, brotherhood, and development for the entire Islamic world, and we are ready to cooperate with the Gulf Cooperation Council, thus opening a new chapter in our relations with the Gulf states.  LINK

Clare:   #BREAKING: The Iraqi Federal Government will release May salaries for the Kurdistan Region’s civil servants this week, while the KRG is required to transfer its domestic revenues to Baghdad, a high-level source from the Kurdistan Region’s Council of Ministers told Zoom News.

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

Clare:  The Central Bank concludes a course on basic standards for detecting counterfeit currency.

June 29, 2025

The Central Bank of Iraq's Basra branch concluded the "Basic Standards for Detecting Counterfeit Currency" course. The course, organized by the Central Bank's Banking Studies Center, lasted three days, from June 23-25, 2025.

The course was attended by 13 government and private banks from the southern governorates. It also covered key aspects related to recent developments in detecting counterfeit currency and its basic standards.

For their part, the participants praised the training courses organized by the Central Bank of Iraq for their significant impact on developing their job performance.

 Central Bank of Iraq
Media Office
June 29, 2025

https://cbi.iq/news/view/2921

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

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

Frank26  [Article of the budget] 12-2c the judge is holding on to it because he's protecting the new exchange rate.  Even the gazette, two of them, are holding 12-2c.  Why? It's the new exchange rate...This judge holds the future of Iraq's monetary reform in his hands...

Sandy Ingram  My ex-husband retired from the Federal Reserve bank.  He and his peers have always talked down about an IQD revalue or currency adjustment...Iraq is fixing these flaws...for global inclusion ...Countries and International banks didn't trust doing business with Iraq.  Now Iraq's central bank is working to fix these problems.  They're updating their  systems...If Iraq continues on this path it has the potential to fully integrate into the global banking system...Now we know shy bankers said the IQD would never revalue.  It looks like Iraq is plugging the holes and there will be sufficient economic gains for a higher currency value.

CEO Called $3,300 Gold, Predicts $5,000 Next | Morgan Lekstrom

David Lin:  6-29-2025

Morgan Lekstrom, CEO of NexMetals, discusses the global debt crisis and the future of gold and critical metals in light of geopolitical tensions and economic uncertainties.

0:00 - Intro.

 0:53 - Previous gold predictions

2:33 - Geopolitics and markets

 6:04 - Gold forecast

7:54 - Catalysts for upside

9:53 - Iran

13:28 - Other market hedges and Bitcoin

17:14 - Debt cycle 23:26 - Hodling comparisons

26:42 - Gold miners 28:14 - NexMetals

30:09 - Rebrand and market drivers

 31:55 - Trade war and China

33:55 - Copper shortage and mines

37:25 - New mines timeline

39:10 - Botswana mine

https://www.youtube.com/watch?v=2srkaecReMs

Seeds of Wisdom RV and Economic Updates Sunday Afternoon 6-29-25

Good Afternoon Dinar Recaps,

USA No Longer Default Market: BRICS Attracts Global Capital
By Watcher Guru | June 2025

Global capital is shifting. The U.S. is losing its traditional grip as the world’s default investment hub, with institutional funds now flowing steadily toward BRICS nations. As the U.S. Dollar Index (DXY) dropped to the 96 range early Thursday, a report from Bank of America revealed that exposure to dollar-based assets is at its lowest level since 2005.

BRICS Rising: Global Investors Shift Capital South

▪️ Countries like China, India, Brazil, and South Africa are now attracting capital once destined for the U.S.
▪️ The U.S. dollar's weakening position is making assets in the global south more appealing, especially in the face of recent Trump-imposed tariffs.
▪️ Investors are eyeing early-stage growth in BRICS nations, seeking better returns than U.S. Treasuries or bonds.

The global investment spotlight has moved to the BRICS bloc, where developing markets are benefiting from macro shifts—especially amid growing skepticism toward U.S. monetary dominance.

USA Still Leads, But BRICS Is Catching Up

▪️ The U.S. remains the strongest financial player, but institutional clients are now diversifying away from dollar dominance.
▪️ In 2025, for the first time in two decades, major global investors “went all-in” on non-U.S. assets.

This trend marks a major inflection point in financial history—particularly as China and India move to internationalize the yuan and rupee, respectively.

China alone has drawn $17 billion in foreign inflows, capitalizing on the dollar’s weakening global influence.

The De-Dollarization Era Has Momentum

The de-dollarization movement continues to accelerate as BRICS expands both its economic influence and financial ecosystems.

▪️ BRICS+ aims to solidify a multipolar financial world, weakening the U.S. dollar’s role as the sole reserve currency.
▪️ Dozens of countries, including allies and neutral states, are now watching BRICS as a credible financial alternative.

Unless addressed, this trend could reshape the world’s financial order over the next two decades, and further dilute U.S. influence in global markets.

“The White House needs to act swiftly to maintain leadership on the global financial curve,” the article concludes.

@ 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

IT IS NOT STOPPING! This Is The Biggest Bullish News I've Heard From The BRICS Ever - Andy Schectman

IT IS NOT STOPPING! This Is The Biggest Bullish News I've Heard From The BRICS Ever - Andy Schectman

HTZ CAP:  6-29-2025

The London Bullion Market Association (LBMA) and WGC had partnered to develop and implement an international system of gold bar integrity (GBI).

The GBI programme aims to put all legitimate gold onto an immutable blockchain-based database where buyers will be able to clearly see that the investment bar, coin, and – when technology allows – jewellery they purchase was resourced responsibly, refined reputably, and only passed through the hands of legitimate actors.

Andy Schectman, president of Miles Franklin, remains decidedly bullish on both gold and silver. In recent commentary, he argues that the ongoing accumulation by major players and strong demand for physical metal signal a continued upward trajectory, irrespective of short-term price fluctuations.

Schectman highlights the Ripple effect of developments within the BRICS bloc, especially the launch of new gold settlement platforms via the Shanghai Gold Exchange in Hong Kong and Saudi Arabia—a clear indicator of a global shift toward bullion as a trusted reserve.

 Schectman sees the first week of July as a pivotal moment for the future of BRICS: this is when several member nations are expected to reveal concrete plans for gold and silver integration into their financial systems.

Referencing his chart analysis—particularly the recent technical breakout in silver—he suggests that these developments could catalyse a powerful price surge in both metals, reinforcing the shift away from dollar dominance .

 In his view, investors should closely monitor early July announcements as they may mark the start of a new phase in the global gold‑silver bull market.

https://www.youtube.com/watch?v=oaaymSmCE7U

Seeds of Wisdom RV and Economic Updates Sunday Morning 6-29-25

Good Morning Dinar Recaps,

Senate Passes Trump’s “Big, Beautiful Bill” With 51–49 Vote
By Coinpedia | June 2025

In a dramatic late-night session, the U.S. Senate narrowly approved President Donald Trump’s signature tax and spending legislation—dubbed the “Big, Beautiful Bill”—by a razor-thin 51–49 margin. The bill marks a cornerstone of Trump’s second-term agenda, with sweeping implications for tax policy, defense, energy, healthcare, and even cryptocurrency regulation.

Two GOP Senators Break Ranks

The bill passed with only two Republican senators—Thom Tillis and Rand Paul—voting against it, citing concerns over spending levels and government overreach.

Vice President JD Vance was on standby to cast a tie-breaking vote, though his intervention wasn’t needed. The tight margin highlights growing intra-party divides, even as Trump’s influence over the GOP remains strong.

On Truth Social, Trump criticized Senator Tillis and vowed to back a primary challenger in 2026, signaling an ongoing campaign to reshape the Republican Party around his core policy objectives.

What’s in Trump’s “Big, Beautiful Bill”?

The wide-reaching legislation includes several hallmark provisions:

• ✅ Permanent extension of the 2017 tax cuts

• ✅ Elimination of taxes on tips and overtime pay

• ✅ $150 billion in new defense and border security funding

• ✅ $5 trillion increase to the federal debt ceiling

• ✅ Cuts to Medicaid and SNAP, with a new $25 billion rural Medicaid fund (2028–2032)

• ✅ Repeal of green energy tax credits

• ✅ Phase-out of SALT (State and Local Tax) deductions

• ✅ Sale of 1.2 million acres of federal land

The mix of tax relief, spending boosts, and entitlement cuts has generated both praise from fiscal conservatives and criticism from progressive lawmakers.

Crypto Regulation Tied to Legislative Package

One of the bill’s more consequential side developments could soon affect U.S. crypto markets.

A proposed merger of the GENIUS Act and the CLARITY Act—two major crypto bills currently in progress—has gained new traction in the House of Representatives. These bills aim to establish a stablecoin framework (GENIUS Act) and market structure clarity for digital assets (CLARITY Act).

“This could be the most important moment for U.S. crypto policy since the SEC’s early actions,” said one policy analyst tracking the legislation.

House leadership is reportedly considering packaging the crypto bills together to ensure passage before the August recess, possibly delivering a major win for President Trump’s pro-crypto agenda.

Looking Ahead

With the Senate now on board, the bill heads to the House of Representatives, where Republicans hold a majority. If passed, it could lead to one of the most significant fiscal overhauls in recent U.S. history—and potentially reshape the global view of America’s crypto leadership.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

Ripple Co-Founder Chris Larsen Claims XRP Is a ‘Better Bitcoin’
By Crypto News Flash | June 2025

Ripple’s co-founder Chris Larsen has reignited the long-standing debate in the crypto community by claiming that XRP was designed to outclass Bitcoin in core metrics such as speed, efficiency, and energy usage.

Speaking on the “When Shift Happens” podcast, Larsen praised Bitcoin’s foundational role while insisting that XRP was engineered to be a next-generation improvement over it.

XRP: Built to Surpass Bitcoin

▪️ XRP was developed with the specific intent of improving upon Bitcoin’s transaction speed, cost-effectiveness, and environmental footprint.

▪️ Larsen noted that XRP’s architecture came from a team of “really, really smart people” and was intended to be more efficient without losing the decentralization ethos of blockchain technology.

“We wanted to build a system that addressed Bitcoin’s limitations—faster settlement, lower energy, and long-term scalability,” Larsen explained.

He admitted that XRP still has limitations, but stressed that its core value has remained intact through consistent development and community support.

Criticism of Stellar and Ethereum

Larsen took aim at Stellar Lumens, co-founded by former Ripple executive Jed McCaleb, accusing the project of lacking direction and predictability.

▪️ He referenced McCaleb’s 50% token burn and a history of “constant changes, airdrops, and impulsive pivots” as a red flag for institutional trust.

▪️ “Successful currencies are built on stability, not sudden directional shifts,” Larsen remarked.

On Ethereum, Larsen questioned the long-term dedication of its community, implying it lacks the consistent loyalty seen among XRP and Bitcoin holders.

Will Ripple Go Public? ‘Not Yet,’ Says Larsen

While many in the industry speculate about Ripple's IPO potential, Larsen pushed back on the idea—citing the bureaucratic red tape and short-term market manipulation by misinformed retail sellers.

▪️ Ripple President Monica Long also echoed this sentiment recently, saying the company doesn’t need external capital and is focused on strategic acquisitions instead.

▪️ Ripple’s latest purchase of prime brokerage firm Hidden Road for $1.25 billion further confirms that strategy.

Analysts: XRP Price Could Surge

The comparison between XRP and Bitcoin is being mirrored by top analysts:

• Charles Shrem predicts Bitcoin’s dominance is being actively challenged.

• Edoardo Farina, founder of Alpha Lions Academy, believes XRP’s growth trajectory is more realistic than Bitcoin’s.

• Dustin Layton estimates a 23x return is possible, projecting XRP could hit $52 by year-end.

• Zach Rector places a nearer-term target at $15.

“You’d have to be insane to think Bitcoin at $106K is a better investment than XRP,” Farina claimed.

As the SEC case nears closure and Ripple refocuses on global expansion, the firm appears poised to position XRP not only as a better Bitcoin in function—but perhaps soon, in adoption and valuation.

@ Newshounds News™
Source:  CryptoNewsFlash

~~~~~~~~~

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

EMERGENCY: MASSIVE Silver Delivery Failure COMING in 72 Hours!

EMERGENCY: MASSIVE Silver Delivery Failure COMING in 72 Hours! - Bill Holter

Financial Wisdom:  6-27-2025

0:00 - Silver Exchange Delivery Failure: 250 Million Ounces at Stake

 0:34 - Bull Market Status and Technical Support Levels

1:30 - Inverted Head and Shoulders Pattern in Silver Charts

2:18 - Silver as the Trigger for a Derivatives Collapse

3:04 - Silver’s Dual Role: Industrial vs. Investment Demand

4:02 - Silver's Potential to Outperform Gold

5:16 - Gold Price Calculations Based on U.S. Debt

6:00 - Global Instability and Safe Haven Shifts

6:35 - U.S. Debt Expansion and Economic Consequences

7:02 - Overbought Gold, Oversold Oil, and Market Corrections

7:40 - Dollar Breakdown and Long-Term Support Violation

 8:24 - Fed Losing Control of the Yield Curve

9:31 - Risks of Rising Yields and the Government’s Borrowing Crisis

10:11 - Final Warning: Economic System on the Brink

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

Seeds of Wisdom RV and Economic Updates Saturday Afternoon 6-28-25

Good Afternoon Dinar Recaps,

Serbia Confirms Strong Interest in Joining BRICS at 2025 Summit
By Watcher.Guru | June 2025

As the 17th BRICS Summit approaches, Serbia has officially reaffirmed its intention to join the expanding BRICS alliance. The summit will take place on July 6–7 in Rio de Janeiro, Brazil, and could mark a pivotal moment for the bloc’s next wave of expansion.

Serbian Prime Minister: “It Is of Strategic Interest”

Serbian Prime Minister Duro Macut made the country’s position clear, stating that:

“We consistently advocate the need to deepen cooperation with our traditional partners and friends. The BRICS countries are the most important players on the world stage, and the development of strong, mutually beneficial relations with them is of a strategic interest to us.”

Serbia formally submitted its application to join BRICS in 2023, when the alliance last opened its doors for expansion.

BRICS Expansion: Who’s In—and Who’s Waiting

In 2024, BRICS added 13 new “Partner Countries”, including:

Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Nigeria, Thailand, Turkey, Uganda, Uzbekistan, and Vietnam.

While Serbia was not included in that group, it remains among the 23 countries that have formally applied to join the bloc. An additional 22 countries have expressed informal interest, reflecting the growing global momentum around BRICS.

Balancing BRICS and the EU

In a noteworthy diplomatic move, PM Macut also reiterated Serbia’s parallel ambition to join the European Union:

“Serbia continues its path towards membership in the European Union,” he stated in a recent interview with foreign media.

Serbia continues to navigate complex post-Yugoslav geopolitics, including past sanctions, while seeking stronger ties with both Eastern and Western alliances.

Decision Expected in July—But Not Guaranteed

Whether Serbia will be invited to join BRICS will likely be decided during the July summit in Brazil. The BRICS expansion process is consensus-driven, meaning all existing member states must agree to admit new countries.

A key question remains: What value can Serbia bring to BRICS that strengthens the bloc's collective influence?

As the BRICS alliance seeks to redefine the global geopolitical landscape—especially amid rising tensions with Western institutions—Serbia's bid could serve as a strategic pivot between Europe and the multipolar order BRICS envisions.

@ 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 Saturday Morning 6-28-25

Good Morning Dinar Recaps,

Crypto Momentum Builds: US House Passes Landmark Bill to Boost Blockchain Adoption
By Bitcoinist | June 2025

In a bipartisan push to strengthen U.S. competitiveness and innovation, the U.S. House of Representatives has passed new legislation aimed at accelerating the adoption of blockchain and distributed ledger technologies (DLT) across public and private sectors.

Blockchain Promotion Bill Clears the House

On Thursday, policy platform Bitcoin Laws reported that the House approved HR 1664 — the Deploying American Blockchains Act of 2025. This bill directs the U.S. Secretary of Commerce to lead national efforts in advancing blockchain use cases and ensuring U.S. leadership in this strategic technology.

Originally introduced in February by Rep. Kat Cammack (R-FL) and co-sponsored by Rep. Darren Soto (D-FL), HR 1664 outlines the creation of a Blockchain Deployment Program. The program is tasked with:

• Developing best practices for blockchain integration

• Advising the President on blockchain deployment and competitiveness

• Promoting national security and economic interests through secure DLT use

• Coordinating across federal agencies to provide unified support for blockchain adoption

“This is a forward-thinking bill that places blockchain on the national agenda as a tool for innovation, transparency, and strategic advantage,” said Rep. Cammack during committee discussions.

Advisory Committees and National Oversight

If enacted, the legislation mandates the formation of advisory committees within 180 days to assist in blockchain adoption strategy. These bodies will help shape regulatory, technical, and economic guidance for implementation across industries.

Senate Takes Up Crypto Legislation

The bill now moves to the Senate for consideration, continuing what many see as a wave of legislative momentum around digital assets. HR 1664 follows on the heels of two major crypto-related efforts:

• The GENIUS Act, a bill focused on stablecoin regulation, which recently cleared the Senate

• The CLARITY Act, the House’s crypto market structure bill, which advanced through committee markups

Although discussions continue about merging GENIUS and CLARITY, some lawmakers prefer to keep them separate for strategic passage.

White House Crypto & AI Czar David Sacks summarized the expected timeline:
“July will be a big month — with a bill signing for GENIUS and CLARITY going to the Senate!”

A New Legislative Roadmap for Crypto in America

According to Senate Banking Committee Chair Tim Scott, lawmakers are now targeting a markup in early September and final passage by September 30, staying ahead of the August recess.

With President Donald Trump voicing support for both GENIUS and CLARITY, the stage is set for a landmark summer in U.S. crypto policy.

“President Trump supports CLARITY on market structure as well as GENIUS on stablecoins,” said Sacks, reinforcing the administration’s commitment to crypto innovation.

@ Newshounds News™
Source:  Bitcoinist

~~~~~~~~~

Ripple Ends Legal Fight With SEC: “We’re Closing This Chapter Once and for All,” Says CEO
By The Block | June 2025

In a significant development for the crypto industry, Ripple Labs is officially ending its years-long legal battle with the U.S. Securities and Exchange Commission (SEC). The decision, announced Friday by CEO Brad Garlinghouse, marks a definitive conclusion to one of the longest and most closely watched regulatory disputes in crypto.

Ripple Drops Cross-Appeal in SEC Lawsuit

Taking to X (formerly Twitter), Garlinghouse stated:

“We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value. Lock in.”

Garlinghouse confirmed that Ripple is dropping its cross-appeal, which would have challenged separate elements of the court’s decision. A cross-appeal allows a party to contest different parts of a ruling not addressed in the original appeal.

Background: Ripple’s $1.3 Billion SEC Battle

The case began in 2020, when the SEC accused Ripple of conducting an unregistered securities offering by selling $1.3 billion worth of XRP. The commission claimed that XRP was a security under U.S. law.

In a landmark 2023 ruling, Judge Analisa Torres of the U.S. District Court for the Southern District of New York issued a mixed decision:

• Programmatic XRP sales on exchanges did not violate securities laws, due to the blind bid/ask process.

• Direct institutional sales did constitute securities transactions, exposing Ripple to penalties.

This second finding led to a $125 million civil penalty against the company.

Ripple and SEC Motion Rejected by Judge Torres

Garlinghouse’s announcement came one day after Judge Torres rejected a joint motion from Ripple and the SEC to modify the existing injunction. The two parties had requested a ruling to:

• Dissolve the existing injunction

• Allow $50 million of the $75 million penalty to be paid to the SEC

• Allocate $25 million to Ripple as part of the resolution

The court denied the motion, maintaining its previous rulings.

Ripple Moves On From Legal Saga

Though Ripple had already stated back in March that it would not pursue a cross-appeal, Friday’s statement puts an official capstone on the case. A Ripple spokesperson declined to comment further.

The conclusion of this legal chapter may allow Ripple to re-focus its resources on international expansion and XRP Ledger development, free of the uncertainty that has loomed over the company since 2020.

With the cross-appeal dropped, Ripple now stands fully compliant with the court’s rulings and regulatory penalties, potentially setting a new precedent for future crypto-related enforcement actions.

@ Newshounds News™
Source:  The Block

~~~~~~~~~

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

BRICS Summit Preview, China to Move Towards Internationalizing Yuan, with Gold as Collateral

BRICS Summit Preview, China to Move Towards Internationalizing Yuan, with Gold as Collateral

Arcadia Economics:  6-27-2025

As the much-anticipated BRICS Summit draws near, global financial circles are buzzing with speculation about the key announcements and strategic shifts likely to emerge.

 Among the most intriguing prospects, according to insights shared by Vince Lanci on Arcadia Economics, is a significant move by China to bolster the international standing of its currency, the Yuan, leveraging the age-old bedrock of value: gold.

Lanci’s analysis, detailed in a recent Arcadia Economics show, reveals that Beijing is poised to begin unveiling the foundational infrastructure for its ambitious plan to internationalize the Yuan (CNY). What makes this initiative particularly noteworthy – and potentially game-changing – is the explicit intention to use gold as collateral for the Chinese currency.

This strategic pivot could fundamentally reconfigure global financial dynamics. By backing the Yuan with gold, China aims to enhance its credibility and stability on the world stage, offering a tangible alternative to the prevailing fiat currency systems.

 The move underscores a broader trend within the BRICS bloc (Brazil, Russia, India, China, and South Africa) towards establishing alternative economic frameworks and reducing reliance on traditional Western-dominated financial structures.

The integration of gold as a foundational asset for the Yuan not only lends an unprecedented level of perceived security but also harks back to a more tangible form of currency backing, potentially appealing to nations seeking greater transparency and stability in their trade and reserve assets.

This initiative could represent a significant step towards diversifying global reserve assets and trade settlements away from traditional benchmarks, offering new pathways for international commerce and investment.

As the BRICS Summit unfolds, the world will be watching closely to see the initial steps of this potentially transformative financial architecture take shape.

For those seeking deeper understanding and real-time analysis of these pivotal developments, Vince Lanci’s full discussion on Arcadia Economics offers invaluable further insights and information.

https://youtu.be/xS3d2q9m_jk