Goldilocks' Comments and Global Economic News Friday AM 11-24-23
Goldilocks' Comments and Global Economic News Friday AM 11-24-23
Good Morning Dinar Recaps,
As we enter into 2024, many changes are going to come to the banking system we have not seen in a long time. We are moving from a closed banking system where information is kept quiet to a controlled open banking system that allows information to flow from bank to bank.
This open banking system is going to be secured through artificial intelligence and smart contracts that enable transactions to take place based upon both sides of a trade being capable of finishing their contract together.
Goldilocks' Comments and Global Economic News Friday AM 11-24-23
Good Morning Dinar Recaps,
As we enter into 2024, many changes are going to come to the banking system we have not seen in a long time. We are moving from a closed banking system where information is kept quiet to a controlled open banking system that allows information to flow from bank to bank.
This open banking system is going to be secured through artificial intelligence and smart contracts that enable transactions to take place based upon both sides of a trade being capable of finishing their contract together.
Third-party payments will be included in the new Financial System to be on a Level Playing Field along with traditional banking protocols. This is designed to bring in cryptocurrency into the mainstream Financial System.
To support these transactions and the assets that are going to be tokenized late January, we will be implementing final rules of Basel 3 on January the 16th 2024 with new operational rules to be carried out going forward.
Many legislative transitions are going to take place in 2024, and the banking system as we know it will move into Quantum Technologies that will push most people into having to learn something they have never understood before.
It looks like the transition we are looking for will begin to move at a rapid pace in 2024 and take us to the place many of us want. The question still remains for most countries will be how quickly they can mobilize these changes and work together with networks around the world at Quantum speeds and Quantum levels bringing forth multi bridges into areas of the economy not ever accessed before.
© Goldilocks
Morgan Lewis Link
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Just recently, we have become aware that JP Morgan and Warren Buffett are selling billions of their stocks now and early next year. This will give them a significant amount of cash to invest in new Quantum Technologies that are coming into play in 2024.
Moves like this create new directions in our markets going forward. When you have institutional money and whales clearly making changes to their investment portfolios happening right now, it is important to take notice.
The movement from a stock-driven Market to a commodity lead Market through digital Technologies on Quantum levels is a reset in the making on every level of the market that affects all sectors including Forex.
We are truly living in a Time whereby movement forward is no longer a choice. It is inevitable. The trick has been trying to pinpoint the timing of this event.
Everything is a process and not a push of the button. The market reset will begin in January and take us to a new place of existence we have never lived before within it.
I hope everyone had a wonderful Thanksgiving Day and pray that the rest of our Holiday season is one filled with joy and abundance on levels we have never experienced before.
© Goldilocks
The Truth Reporter Link
Barrons Link
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2024: Under the radar trends for Banks, Credit Unions and Financial Institutions planning their embedded cross-border payment strategy American Banker Link
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Several articles are coming out this morning about banking reforms.
These new changes are designed to make room for new rules in the Forex Market along with minimizing investor risks for banks and clients.
© Goldilocks
Economic Times India Link
RegulationAsia Link
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Goldilocks' Comments and Global Economic News Wednesday Afternoon 11-22-23
Goldilocks' Comments and Global Economic News Wednesday Afternoon 11-22-23
Good Afternoon Dinar Recaps,
On November the 15th, 2023, the London Clearing House launched on it's Forex Clear System the market's first Forex smart clearing service.
A smart contract looks at both sides of a trade to clear the transaction based on the terms of a contract between them through artificial intelligence. It is designed to reduce the amount of Capital Requirements needed in an Exchange. This minimizes counterparty risk between the two parties and allows a trade to move forward on the London Clearing House platform.
Goldilocks' Comments and Global Economic News Wednesday Afternoon 11-22-23
Good Afternoon Dinar Recaps,
On November the 15th, 2023, the London Clearing House launched on it's Forex Clear System the market's first Forex smart clearing service.
A smart contract looks at both sides of a trade to clear the transaction based on the terms of a contract between them through artificial intelligence. It is designed to reduce the amount of Capital Requirements needed in an Exchange. This minimizes counterparty risk between the two parties and allows a trade to move forward on the London Clearing House platform.
The LCH clears a broad range of asset classes including foreign currency exchange protocols.
The London Clearing House is the largest Global supplier of clearing services for the derivatives Market.
© Goldilocks
AssetServicingTimes Link
BOC Link
FinanceMagnates Link
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Iraq is beginning to sell US dollars to investors coming into Iraq for trade.
This is done to devalue another country's currency while maintaining principal value in Iraq's own currency. It looks like the de-dollarization process has begun for Iraq inside trading platforms.
As the dollar depreciates inside Iraq, it will give Iraq the opportunity to appreciate (raise in value) its own national currency.
Watch the water.
© Goldilocks
Rudaw Link
Money US News Link
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So far, we have seen country after country begin the process of De-dollarization. Clearly, there is a war on the dollar taking place, but the final battles will be in the digital space.
The move toward a Central Bank Digital Currency has already began in the narratives spoken by some of the highest leaders in our financial fields.
We all know that a retail Central Bank Digital Currency would bring about total control over the finances of the people. This is why the final battleground will take place in a place where both fear and faith will come into play.
The choices we make during this final battle will determine the course of history. It is currently being written. I truly hope everyone is paying attention.
© Goldilocks
Rumble Link
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China’s copper market is tightening, with premiums over exchange prices spiking due to demand from the renewable industry.
Cracks are emerging.
We need more copper mines to feed the upcoming transition.
Billionaire Robert Friedland has warned we are heading for a train wreck.
Read: https://x.com/goldtelegraph_/status/1727133998353113120?s=46
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Banking Announcement:
12 USC 531: Exemption from taxation. Text contains those laws in effect on November 21, 2023
From Title 12-BANKS AND BANKINGCHAPTER 4-TAXATIONSUBCHAPTER I-FEDERAL RESERVE BANKS.
§531. Exemption from taxation
Federal reserve banks, including the capital stock and surplus therein and the income derived therefrom shall be exempt from Federal, State, and local taxation, except taxes upon real estate.
https://www.law.cornell.edu/uscode/text/12/1433#
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Banking Announcement:
12 USC 531: Exemption from taxation. Text contains those laws in effect on November 21, 2023
From Title 12-BANKS AND BANKINGCHAPTER 4-TAXATIONSUBCHAPTER I-FEDERAL RESERVE BANKS.
§531. Exemption from taxation
Federal reserve banks, including the capital stock and surplus therein and the income derived therefrom, shall be exempt from Federal, State, and local taxation, except taxes upon real estate.
https://www.law.cornell.edu/uscode/text/12/1433#
USCodeHouse Link 1
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Several articles are coming out this morning about banking reforms.
These new changes are designed to make room for new rules in the Forex Market along with minimizing investor risks for banks and clients.
© Goldilocks
EconomidTimesIndia Link
RegulationAsia Link
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In an effort, it describes as intended to help “level the playing field” between banks and nonbank consumer financial service providers that are sometimes characterized as “Big Tech”, the Consumer Financial Protection Bureau (“CFPB”) has issued a proposal to directly supervise large non-bank providers of digital consumer payment applications.[1] The CFPB announced the proposal on November 7. Comments must be submitted by January 8, 2024.[2]
https://www.jdsupra.com/legalnews/cfpb-proposes-to-level-the-playing-4054285/
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Home Sales Collapse, Prices Drop Further, Supply Jumps. People Are Finally on Buyers’ Strike
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Loan applications dropped in 2023, Federal Reserve says Marketplace
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Fed hikes may have concluded, as central banks purchase gold at a record level Kitco News Link
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This room will be closing at 12:00 noon today, and it will open up again on Friday morning.
I hope you and your family have a wonderful Holiday and find many reasons to be thankful for what you already have. Just the gift of life itself and the ability to participate in it is more than any of us could have ever imagined.
© Goldilocks
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Goldilocks' Comments and Global Economic News Tuesday Evening 11-21-23
Goldilocks' Comments and Global Economic News Tuesday Evening 11-21-23
Good Evening Dinar Recaps,
It looks like lines have been drawn in the sand between Russia and the US regarding sanctions on Russia's Arctic LNG 2 project. This project is a huge money maker for Russia and a lifeline for its economic stability in Global Trade. Russia has warned the US that it would do everything possible to keep sanctions on this project from happening. We are at a crossroads.
Escalated tensions such as these have the tendency to raise the price of oil and other Commodities in the markets. Price distortions emerge in situations such as these creating incredible volatility inside a market. Alliances are formed and trade relations are often altered. Look for many stressors to begin hitting the market.
Goldilocks' Comments and Global Economic News Tuesday Evening 11-21-23
Good Evening Dinar Recaps,
It looks like lines have been drawn in the sand between Russia and the US regarding sanctions on Russia's Arctic LNG 2 project. This project is a huge money maker for Russia and a lifeline for its economic stability in Global Trade. Russia has warned the US that it would do everything possible to keep sanctions on this project from happening. We are at a crossroads.
Escalated tensions such as these have the tendency to raise the price of oil and other Commodities in the markets. Price distortions emerge in situations such as these creating incredible volatility inside a market. Alliances are formed and trade relations are often altered. Look for many stressors to begin hitting the market.
The stressors often shift price correlations. In this case, it has the potential to move our stocks into real values along with commodity prices going to their actual values.
This conflict has the potential to move our Market into a commodity-driven economic system that will be a catalyst for taking us into the new Digital Economy based on tokenized assets backed by Commodities of real value.
© Goldilocks
OioPrice Link
https://www.nsenergybusiness.com/projects/arctic-lng-2-project/
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The Central Bank of Iraq has warned that some people are misusing the electronic payment cards it makes available to meet the legitimate natural needs of citizens.
The bank stressed its commitment to implementing strict measures to limit this phenomenon, protect the financial system, and ward off risks from it, indicating that it will include the names of bank card holders whose misuse or smuggling is caught on black lists and take legal measures against this group.
The bank noted that they will be deprived of issuing other cards and all financial products, and that all necessary measures will be taken against violators, based on the Anti-Money Laundering and Terrorist Financing Law No. 39 of 2015 and the instructions and controls issued pursuant thereto.
Central Bank of Iraq Information Office November 20, 2023 https://cbi.iq/news/view/2470
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BREAKING NEWS
CHINA AND SAUDI ARABIA HAVE SIGNED A LOCAL-CURRENCY SWAP AGREEMENT WORTH AROUND $7 BILLION, DEEPENING THEIR TIES AS NATIONS THROUGHOUT THE MIDDLE EAST AIM TO DIVERSIFY MORE OF THEIR NON-OIL TRADE AWAY FROM THE DOLLAR.
Major news.
The trend is accelerating.
Read: https://x.com/goldtelegraph_/status/1726628254679998808?s=46
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Mastercard has gotten approval to run a yuan-denominated bank card clearing service in China through a joint venture (JV), the central bank said, giving the U.S.-based company a shot at a slice of the fees generated by the trillions of dollars in card transactions made in the country each year.
“Mastercard NUCC is committed to being in China as an active partner, working to expand issuance and acceptance of Mastercard-branded products for the benefit of local businesses and consumers,” Ling Hai, chairman of the board of Mastercard NUCC and co-president of international markets at Mastercard, said in the release.
Mastercard has already built a cross-border portfolio in China, with tens of millions of bank cards and millions of acceptance points across the country, according to the release. The infrastructure has facilitated connectivity to the global economy and has driven cross-border and inbound commerce in China.
Pymnts Link
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"Global Blockchain Business Council (GBBC), the largest and leading industry association for the blockchain technology and digital assets ecosystem, and U.S. Blockchain Coalition (USBC), a non-profit coalition of state-focused blockchain associations, influencers and organizations, today announced their merger at North American Blockchain Summit.
Under the merger’s terms, USBC will become a national initiative of GBBC and USBC’s non-profit members will become observing members of GBBC. The combined association will have nearly 600 institutional members. Launched as the only organization focused on multi-state collaboration to promote American leadership in digital assets and blockchain, USBC brings together organizations from 46 states, including the Texas Blockchain Council, hosts of the North American Blockchain Summit."
Newswire Link
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Are you reading what I am reading? Several governing bodies in the financial system are coming into play implementing new rules and guidelines today.
Some of these have moved from the Federal Government to the State level.
As Banks continue to find reasonable Capital Requirements inside new Basel 3 guidelines set for final rules of implementation on January the 16th 2024, these governing bodies will be set to manage these new Basel 3 guidelines inside a new digital asset-based trading system.
Everything is built on layers. You can't have one without the other.
© Goldilocks
Jdsupra Link
Sidley Link
Newswire Link
MayerBrown Link
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Binance in the Spotlight as US Department of Justice Announces Crypto Enforcement Action
According to the crypto news aggregator, tier10k, the DoJ is set to announce significant cryptocurrency enforcement actions at 3PM ET (20:00UTC) today.
The lineup will feature the following officials:
Attorney General Merrick Garland
Secretary of the Treasury Janet Yellen
Deputy Attorney General Lisa Monaco
CFTC Chairman Rostin Behnam
This is a developing story.
US DOJ is Set to Announce Significant Crypto Enforcement Action
https://beincrypto.com/us-doj-crypto-enfocement-action/
👆 Goldilocks pointed to this.
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China’s State Administration of Foreign Exchange (SAFE) is embarking on a significant policy revision with the release of a draft titled, “Guidance for Foreign Exchange Business of Capital Account (2023 Edition)”. This draft, currently open for public consultation, aims to enhance the management of foreign exchange transactions and streamline business processes, particularly for enterprises and entities dealing in foreign exchange.
China's SAFE Drafts New Guidance for Foreign Exchange Business BNN Network Link
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US Attorney General Merrick Garland will hold a press conference at 3pm ET to announce “separate but related cryptocurrency enforcement actions,” the Department of Justice said in a statement.
The announcement will involve a settlement with Binance, according to two people familiar with the matter. The Justice Department is seeking more than $4 billion from the cryptocurrency exchange as part of a resolution of a years-long investigation, Bloomberg News reported Monday.
Read More: US Is Seeking More than $4 Billion From Binance to End Case Bloomberg Law Link
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Court unseals indictments against Binance and CZ, detailing expected guilty pleas
https://cointelegraph.com/news/binance-indictment-unsealed-cz-guilty-plea
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Goldilocks' Comments and Global Economic News Late Monday Evening 11-20-23
Goldilocks' Comments and Global Economic News Late Monday Evening 11-20-23
Good Evening Dinar Recaps,
"There are three main routes that connect the Atlantic and the Pacific oceans: the Northeast Passage, the Northwest Passage, and the mostly unused Transpolar Sea Route."
Are we rerouting the shipping trade industry? Who has the greater access to these pathways? Will the BRICS system create these new pathways into the sea? What will be the main trading currency/currencies that will lead the way?
Goldilocks' Comments and Global Economic News Late Monday Evening 11-20-23
Good Evening Dinar Recaps,
"There are three main routes that connect the Atlantic and the Pacific oceans: the Northeast Passage, the Northwest Passage, and the mostly unused Transpolar Sea Route."
Are we rerouting the shipping trade industry? Who has the greater access to these pathways? Will the BRICS system create these new pathways into the sea? What will be the main trading currency/currencies that will lead the way?
80% of all trades and currency exchange rates happen on the sea.
Watch the water.
© Goldilocks
Wikipedia Link
https://www.congress.gov/bill/118th-congress/house-bill/556
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IBBC Autumn Conference 2023 in Dubai to unveil visionary insights to propel Iraq's prosperity
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Regulatory Developments
Securities and Exchange Commission). Swaps. SEC adopted a set of rules and forms (see fact sheet under the Securities Exchange Act of 1934 that would create a regime for the registration and regulation of security-based swap execution facilities and address other issues relating to security-based swap executions generally.
The rule is effective 60 days after publication in the Federal Register, and the compliance dates are specified in Section XVI of the rule. Separately, Chair Gensler provided remarks in support of the rulemaking, while Comm'r. Uyeda issued a brief dissent.
Commodity Futures Trading Commission. Futures Commission Merchants (FCMs) & Derivatives Clearing Organizations (DCOs). CFTC proposed a rule (see fact sheet) to amend its regulations governing the types of investments that FCMs and DCOs may make with funds held for the benefit of customers trading futures, foreign futures, and cleared swap transactions.
The deadline for comments is January 17, 2024. Chairman Behnam and Comm'r. Pham issued statements of support, while Comm'r. Goldsmith Romero and Comm'r. Johnson supported the proposal with caveats.
Department of Labor & White House. Retirement Savings Advice and "Junk Fees." DOL's Employee Benefits Security Administration proposed a retirement security rule updating the definition of an investment advice fiduciary under the Employee Retirement Income Security Act. The deadline for comments is January 2, 2024. Separately, the White House released a fact sheet on the rulemaking.
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Research and Analysis
Financial Industry Regulatory Authority. Securities & Quantum Computing. FINRA issued a report entitled "Quantum Computing and the Implications for the Securities Industry."
Michael Buckalew is a regulatory analyst with Davis Wright Tremaine LLP.
https://youtu.be/H1DfTVDl-uI?feature=shared
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Dutch Central Bank Admits It Has Prepared For A New Gold Standard
https://www.zerohedge.com/markets/dutch-central-bank-admits-it-has-prepared-new-gold-standard
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Western currencies have been almost completely phased out in Russia-China trade, as nearly all payments between the countries are now carried out in rubles and yuan, Russian First Deputy Prime Minister Andrey Belousov announced on Monday.
https://www.rt.com/business/587666-russia-china-trade-national-currencies/
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Local currency swaps are surfacing everywhere. Trading in local currencies in the Eastern half of our world and Asian countries are climbing.
These new trading venues will create demand and raise the values of these currencies.
This is why I keep sharing with you to watch the water.
© Goldilocks
Reuters Link
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LIVE! Dollar Continues To Fall And Bond Yields Drop! A "Goldilocks Scenario" For Stocks. Mannarino
https://www.youtube.com/live/Wv3d3Dhg_YU?feature=shared
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Goldilocks' Comments and Global Economic News Monday AM 11-20-23
Goldilocks' Comments and Global Economic News Monday AM 11-20-23
Good Morning Dinar Recaps,
The JPM Coin is continuing to grow by doing another pilot study with Avalanche. The Onyx coin is a deposit token that upgrades existing traditional banking system payments.
It does cross-border international trading, foreign currency exchanges, bank-to-bank transfers, and more. This network system is the same one JP Morgan used to set up Iraq and other countries in the Middle East inside their Banks.
Goldilocks' Comments and Global Economic News Monday AM 11-20-23
Good Morning Dinar Recaps,
The JPM Coin is continuing to grow by doing another pilot study with Avalanche. The Onyx coin is a deposit token that upgrades existing traditional banking system payments.
It does cross-border international trading, foreign currency exchanges, bank-to-bank transfers, and more. This network system is the same one JP Morgan used to set up Iraq and other countries in the Middle East inside their Banks.
The use of this network is beginning to really expand in its net worth and level of trust with banks who are used to using this line of payment making it a preferred digital system for traditional banking clients and soon-to-be customers.
© Goldilocks
CrowdFundInsider Link
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GAME OVER! BIS & SWIFT Just COMPLETED A STRESS TEST With RIPPLE/XRP! [MUST SEE]
https://www.youtube.com/watch?v=h1WOa73GLJk
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Soaring U.S. government debt is reaching a point where it will begin creating larger problems, Bridgewater Associates founder Ray Dalio said Friday.
The hedge fund titan warned during a CNBC appearance that the need to borrow more and more to cover deficits will exacerbate the political and social problems the country is facing. CNBC Link
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Many investors believe that the Chinese economy has bottomed. This is creating a rise in the metal market and especially in the Copper Market. Iron ore is also beginning to show signs of rising in their Market.
We are currently witnessing the US Dollar and Chinese Yuan pair go into decline. China is witnessing a shift from a stock market-driven economy to a commodity-driven Market.
These are the inflection points we need to see in order to transition all of our markets into a commodity-based economy.
China keeps putting money into their Gold Market while we keep putting money into our stock market. At the current time, the Eastern half of the world is beginning to show signs of driving the price of gold and other commodities instead of the West.
Are you still saving those copper pennies?
© Goldilocks
https://www.investorsobserver.com/news/qm-news/6905388922418277
GLEscrap Link
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While the adoption of CBDCs is not immediate, about 60% of countries are exploring them and recognizing their potential to enhance financial inclusion, she said—especially in regions where traditional banking is scarce. The IMF's own—and newly released — CBDC Virtual Handbook echoes this sentiment, noting that CBDCs, if well-designed, could help bridge financial divides and promote more inclusive growth. (https://www.imf.org/en/Topics/fintech/central-bank-digital-currency/virtual-handbook)
https://www.nation.lk/online/cbdcs-could-replace-cash-in-global-finance-says-imf-240329.html
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A leading global standard-setter for securities market regulators has released its highly anticipated Final Report with Policy Recommendations for Crypto and Digital Asset (CDA) Markets.
This development marks a significant step in providing a coordinated global regulatory response to the evolving landscape of crypto-assets.
The 18 policy recommendations (by the International Organization of Securities Commissions (IOSCO) aim to address significant investor protection and market integrity risks posed by crypto-asset activities, particularly those involving centralized crypto-asset intermediaries, known as crypto-asset service providers (CASPs). https://www.iosco.org/library/pubdocs/pdf/IOSCOPD747.pdf)issued
These recommendations are aligned with IOSCO's widely accepted global standards for securities markets regulation and follow a lifecycle approach, encompassing activities from offering admission to trading to ongoing trading, settlement, market surveillance, custody, and retail distribution.
Benzinga Link
👆 Goldilocks pointed to this.
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GAME OVER! BIS & SWIFT Just COMPLETED A STRESS TEST With RIPPLE/XRP! [MUST SEE]
https://youtu.be/h1WOa73GLJk?feature=shared
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U.S. Department of the Treasury, IRS Propose New Rules to Drive Clean Energy Investments | U.S. Department of the Treasury
https://home.treasury.gov/news/press-releases/jy1920
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Gold Is the Next 13-Year Breakout | GoldSeek
https://goldseek.com/article/gold-next-13-year-breakout
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DTCC Handles $464 Trillion In Settlements..XRP ONLY Needs $2.2 Tn In DAILY VOLUME To PASS $100!
https://youtu.be/h-v8Noq2nL4?feature=shared
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Banks that survive the housing market crash will move forward into the new QFS.
© Goldilocks
NoradaRealEstate Link 1
NoradaRealEstate Link 2
NoradaRealEstate Link 3
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Baghdad (IraqiNews.com) – "The Iraqi President, Abdul Latif Rashid, confirmed on Sunday that Iraq is eager to establish balanced relations with everyone, calling on foreign companies and businessmen to invest in the Iraqi market."
Iraq is ready to do business with the world again in Iraqi Dinar come January 1st 2024. Their president is calling for foreign companies to do business with them.
As they continue to prepare their Banks for the coming year, we see in this article their eagerness to work with investors outside of their own country.
This will require foreign currency exchanges in and out of Iraq with new banking reforms established to help them meet their goals.
One of the ways to help them meet these goals came in an article that stated "CBI to open accounts in euros in Turkish banks to enhance transfers."
Another way to achieve these goals came in another article that stated they were going to increase the balances of 5 Iraqi banks in UAE Dirham.
© Goldilocks
Iraqi News Link 1
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"In the latest adherence to the BRICS de-dollarization efforts, India and Egypt have held discussions in attempts to ditch the US dollar within their trade relations. Indeed, Egypt was one of six nations invited to join the bloc at its 2023 annual summit. Now, its trade with the original BRICS member is set to be settled in local currencies."
More countries are ditching the dollar's use in trade and moving towards local currencies. Iraq is also looking to work with India in doing the same.
This is becoming a very common theme in the Eastern and Asian countries. Abandoning the use of the dollar in trade will increase demand on local currencies giving more value to these countries' currency.
Remember, over 80% of trade that takes place around the world is carried over the sea.
Watch the water.
© Goldilocks
https://watcher.guru/news/brics-india-egypt-ditch-us-dollar-for-trade#google_vignette
UNCTAD Link
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"Sri Lanka central bank to move to a floating rate, end foreign reserve collection: report"
Sri Lanka used to utilize the dollar in trade and found that skyrocketing inflation has hurt their economy, so they are making a change.
Sri Lanka is moving to a floating exchange rate allowing demand for their local currency to determine their exchange rate going forward.
This new monetary policy change allows them to hold less foreign currency reserves in their banking system and utilize less currency intervention giving free trade the opportunity to determine their currency's value.
The IMF has recommended that they hold at least 3 months of foreign currency value in their reserves.
Watch the water.
© Goldilocks
https://economynext.com/sri-lanka-central-bank-to-move-to-a-floating-rate-end-foreign-reserve-collection-report-140561/
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Goldilocks' Comments and Global Economic News Saturday Evening 11-18-23
Goldilocks' Comments and Global Economic News Saturday Evening 11-18-23
Good Evening Dinar Recaps,
"Al-Sudani directs government bank managers to submit a plan within one month to develop the banks’ work."
Here we have a banking benchmark from Iraq. Bank managers from Iraq are being told to finish their banking reforms within a month of November 14th, 2023. At that time, their staff will need to go through logistics training on the new digital asset-based trading system.
We already know that Iraq on January 1st, 2024 will begin using their Iraqi dinar only in trades around the world. The use of the dollar in their International trades will no longer be allowed.
Goldilocks' Comments and Global Economic News Saturday Evening 11-18-23
Good Evening Dinar Recaps,
"Al-Sudani directs government bank managers to submit a plan within one month to develop the banks’ work."
Here we have a banking benchmark from Iraq. Bank managers from Iraq are being told to finish their banking reforms within a month of November 14th, 2023. At that time, their staff will need to go through logistics training on the new digital asset-based trading system.
We already know that Iraq on January 1st, 2024 will begin using their Iraqi dinar only in trades around the world. The use of the dollar in their International trades will no longer be allowed.
A meeting followed this meeting to go over electronic mechanisms and procedures that would be used to carry this out on an international level.
They are expecting to do a comprehensive economic reform. A comprehensive economic reform takes control away from the government's power over an exchange rate and allows the market to determine it by demand.
In other words, this move will be a dropping of a programmed rate to a rate determined by market analysis and Market flow. It will be a move that reinstates the Iraqi dinar into a real value.
This will be a movement from paper recording to electronic recording of all aspects of their Banking system. Advanced electronic programs and modern technology will serve as their new way of service to the people of Iraq and abroad.
© Goldilocks
https://www.caclubindia.com/forum/reinstatement-of-foreign-currency-38068.asp
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We have always said we would tell you the truth here and we continue to stick by that. So with all the hype around this weekend and the upgrades I wanted to reiterate that we are not to the "RV" yet.
We still have a ways to go, after all "gold has to be free" before we see the "RV". So what is the hype this weekend - ISO20022 comes fully online for SWIFT and multiple other banks and financial institutions.
What this means - simply stated it brings all those finishing their upgrades under one standard used worldwide for financial messaging. The very fabric of the payment systems we have been learning so much about. Is this a big deal - absolutely.
However, this is part of the completion of the digital revaluation that we have been seeing over the last few months. What happens now - once the ISO standards are implemented they will work together with legacy messaging to fulfill payments to those institutions that have upgraded.
How does this change things - with all financial messaging coming under one standard it eliminates the cross-border inefficiencies. This is part of the regulations that is NEEDED in order for us to move forward with the blessing we have all been waiting on.
Please stay grounded, stay focused, and know that we are all in this together. We are here for you and will help answer any of those concerns you may have. Remember, we want the best for everyone, even those that don't care for us because that is what HUMANITARIANS do, we support and love one another. Have a great night and an excellent weekend. See you all Monday morning. M 🔥
👆 Goldilocks pointed to this.
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I know it's exciting to hear about the news coming out from Iraq, but we must remember that Protocol 20 is not finished until the end of January 2024.
At that time, we will have a month of circulating volumes that support a rate determined by the demand for Iraq that can be placed on the new digital asset-based trading system.
Protocol 20 connects Quantum Technologies from around the world.
Let's see what happens.
© Goldilocks
~~~~~~~~~~
Three things have to happen in order for the QFS to be fully activated:
* All Banking Protocols have to be finished leading up to Quantum Technologies being activated.
* All regulations to secure the new digital asset-based trading system have to be passed through legislation.
* And finally, we need to see gold move into a real value.
© Goldilocks
~~~~~~~~~~
AI To Enhance Central Banks’ Supervision: Deutsche Bundesbank
ByJill Wong, Regulation Asia Published on 16th November 2023
Joachim Wuermeling of the Deutsche Bundesbank says AI will help central banks do a better job in supervising banks. PrivateBankJPMorgan Link
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Banking Announcement in the Philippines:
Philippines Set to Issue Maiden Tokenised Treasury Bonds
ByMark Johnston, Regulation AsiaPublished on 17th November 2023
The Philippines will issue the country's first tokenised treasury bonds next week, available in PHP 10 million denominations. CoinDesk Link
~~~~~~~~~~
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Goldilocks' Comments and Global Economic News Friday AM 11-17-23
Goldilocks' Comments and Global Economic News Friday AM 11-17-23
Good Morning Dinar Recaps,
Citi Bank has developed a digital application utilizing blockchain infrastructure to price and execute bilateral spot foreign exchange trades. This digital mechanism is part of Project Guardian. It is a collaborative initiative by the Monetary Authority of Singapore and the financial industry.
The USD/SGD pair was tested and found to be successful. The application can be used for any fiat currency pair. This mechanism is currently not available to clients, but it is known to work.
© Goldilocks
Goldilocks' Comments and Global Economic News Friday AM 11-17-23
Good Morning Dinar Recaps,
Citi Bank has developed a digital application utilizing blockchain infrastructure to price and execute bilateral spot foreign exchange trades. This digital mechanism is part of Project Guardian. It is a collaborative initiative by the Monetary Authority of Singapore and the financial industry.
The USD/SGD pair was tested and found to be successful. The application can be used for any fiat currency pair. This mechanism is currently not available to clients, but it is known to work.
© Goldilocks
https://www.citigroup.com/global/news/press-release/2023/citi-develops-blockchain-fx-solution-under-the-monetary-authority-of-singapore-project-guardian
~~~~~~~~~~
"The firm’s new product equips banks with a choice in post-trade FX messaging, and provides the security of a backup plan."
CobaltFX is a part of United Fintech. It has launched a trade notification network as a backup plan for sending and receiving messages on Forex Trading in case of attempts at hacking and security breaches.
This system will allow a trade to go through as an alternative to other means of messaging services in cross-border international trades on Forex.
© Goldilocks
AssetServicingTimes Link
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Washington D.C., Nov. 16, 2023 —
Trade Announcement:
The Securities and Exchange Commission has adopted new rules to improve the governance of all registered clearing agencies by reducing the likelihood that conflicts of interest may influence their boards of directors or equivalent governing bodies.
https://www.sec.gov/news/press-release/2023-236
~~~~~~~~~~
HSBC Goes Live on Broadridge’s DLT Repo Platform - Markets Media
https://www.marketsmedia.com/hsbc-goes-live-on-broadridges-dlt-repo-platform/
~~~~~~~~~~
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Goldilocks' Comments and Global Economic News Thursday Evening 11-16-23
Goldilocks' Comments and Global Economic News Thursday Evening 11-16-23
Good Evening Dinar Recaps,
"FDIC Chairman Martin Gruenberg said today that proposed interagency rulemaking to implement incentive pay requirements in the Dodd-Frank Act likely won’t happen before the end of the year."
The Dodd-Frank Act protects retail investors in foreign currency exchanges. Section 956 restricts those making exchanges with retail investors' money from creating excessive risks on the money you place inside a bank. This new rule has been pushed up to early next year for implementation.
© Goldilocks
Goldilocks' Comments and Global Economic News Thursday Evening 11-16-23
Good Evening Dinar Recaps,
"FDIC Chairman Martin Gruenberg said today that proposed interagency rulemaking to implement incentive pay requirements in the Dodd-Frank Act likely won’t happen before the end of the year."
The Dodd-Frank Act protects retail investors in foreign currency exchanges. Section 956 restricts those making exchanges with retail investors' money from creating excessive risks on the money you place inside a bank. This new rule has been pushed up to early next year for implementation.
© Goldilocks
BankingJournal Link
SEC Link
Thomson Reuters Link
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Iraqi Prime Minister, Mohammed Shia al-Sudani, led a meeting on Tuesday to monitor the progress of banking reforms. Iraq Business News Link
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Iraq has become the latest member of the European Bank for Reconstruction and Development (EBRD).
The bank recently approved amendments to its statutes to enable the limited and incremental expansion of its operations to Iraq. Iraq Business News Link
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Continuing Jobless Claims continue to rise..Ira’s Morning Flash Video for 11 16 2023
https://youtu.be/eFGGYbLJyCo?feature=shared
👆 Goldilocks pointed to this video
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Introducing the LC Labs Artificial Intelligence Planning Framework | The Signal
https://blogs.loc.gov/thesignal/2023/11/introducing-the-lc-labs-artificial-intelligence-planning-framework/
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Proof of Concept Under MAS’ ‘Project Guardian’ Explores Using DeFi Tools To Efficiently Administer Alternative Assets
Amid the ongoing crypto rally, major financial institutions continue to explore how blockchain technology can make their operations more efficient.
JP Morgan's Onyx digital assets unit and $500B asset manager Apollo Global have joined forces with the Monetary Authority of Singapore for a proof-of-concept demonstrating how tokenization can streamline and automate portfolio management. The PoC aims to address the historical challenges of trading and administering alternative assets, often seen as operationally intensive and cumbersome to manage within traditional portfolios.
“By leveraging the power of blockchain technology, we have shown how the construction and management of discretionary portfolios could be revolutionized,” said Tyrone Lobban, Head of Onyx Digital Assets, which currently processes billions of dollars in trades on a daily basis. TheDefiant Link
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IQM Partners with NVIDIA for Hybrid Quantum Applications
https://analyticsindiamag.com/iqm-partners-with-nvidia-for-hybrid-quantum-applications/
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Iraqi PM Orders Reform of Banking Sector
Where do we currently stand?
Iraq is still working on their banking reforms.
Presently, they are expanding their banking capacities into Europe on a limited basis.
And, we already know that they are going to work with India on going International in trade utilizing only the Iraqi dinar at the first of the year.
© Goldilocks
Iraq Business News Link 1
Iraq Business News Link 2
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🚨STELLAR XLM🚨100 PROJECTS COMING, THIS IS HUGE🚨XRP & XLM, YOU WON'T BELIEVE THIS
https://youtu.be/Zuykcg1c_3A?feature=shared
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Top 10 Artificial Intelligence (AI) Cryptocurrencies – Forbes Advisor UK Forbes Link
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ALERT! Here We Go!! Silver Breaks ABOVE Moving Averages & Eyes $30..Then $50..Then...$??! (Bix Weir) https://www.youtube.com/watch?v=Txj18xCRWIc
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Is the Goldilocks Forecast Too Good to be True? With Cem Karsan
https://www.youtube.com/live/oIyULC1UHBw?feature=shared
👆 Goldilocks pointed to this video
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💥MY TOP 5 ISO CRYPTO PICKS AND WHY💥XRP XDC XLM & MORE💥ONLY A FEW DAYS LEFT TO ISO 20022
https://youtu.be/A6habMd8oHQ?feature=shared
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BRICS: Iraq to Ditch US Dollar for Imported Goods
https://watcher.guru/news/brics-iraq-ditch-us-dollar-imported-goods-use-local-currency
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👆Import only. Export and import of only the dinar begins January 1st 2024. It is their export use of their dinar that will make them International using their dinar only.
This is not new news. We already knew they were only using the Iraqi dinar in country for over a month now.
@Goldilocks
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A Global Perspective on Digital Asset Innovation ft. Tajinder Singh, Deputy Secretary General-IOSCO
https://youtu.be/M1UkV59S8yo?feature=shared
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De-dollarization Has Already Started, Says Russia’s Foreign Minister Lavrov – Bitcoin News
Bitcoin Link
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Stellar Protocol 20 Upgrade Unleashes the Power of Soroban CryptoNewsFlash Link
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Moscow and Caracas are making progress towards de-dollarization and hope to switch to national currencies in trade soon, Venezuelan Foreign Minister Yvan Gil Pinto announced on Thursday.
https://www.rt.com/business/587408-russia-venezuela-confirm-dedollarization-plans/
~~~~~~~~~~
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Goldilocks' Comments and Global Economic News Wednesday Morning 11-15-23
Goldilocks' Comments and Global Economic News Wednesday Morning 11-15-23
Good Morning Dinar Recaps,
The Collapse of the Health Insurance CPI (How it Became Chicken** ) Wolf Street Link
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Digital Assets and Blockchain Hub LINK
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FACT SHEET: President Joseph R. Biden and President Joko Widodo Announce the U.S.-Indonesia Comprehensive Strategic Partnership The White House Link
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Goldilocks' Comments and Global Economic News Wednesday Morning 11-15-23
Good Morning Dinar Recaps,
The Collapse of the Health Insurance CPI (How it Became Chicken**) Wolf Street Link
~~~~~~~~~
Digital Assets and Blockchain Hub LINK
~~~~~~~~~~
FACT SHEET: President Joseph R. Biden and President Joko Widodo Announce the U.S.-Indonesia Comprehensive Strategic Partnership The White House Link
~~~~~~~~~~
On November 15, 2023—the statutory deadline—the Federal Communications Commission (FCC) will vote on rules to prevent so-called “digital discrimination,” i.e., discrimination in access to broadband services. Akin Gump Strauss Hauer & Feld LLP Link
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Legislative Research: US HB6365 | 2023-2024 | 118th Congress | LegiScan
https://legiscan.com/US/research/HB6365/2023
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The Committee is now considering H.R. 6365, the Stopping Illicit Oil Shipments Act of 2023, sponsored by @RepMaxineWaters.
https://twitter.com/FinancialCmte/status/1724500323669016667?t=AWWI0ZwmNKB7Z2-ePNsSMw&s=35
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The Iraqi government has been implementing strict measures to protect the Iraqi dinar, and is planning to ban all USD cash transactions by the start of 2024.
Iraq is set to implement several new economic measures to strengthen the country’s currency against the US dollar further, a government source told the Iraqi News Agency (INA) on 14 November.
https://new.thecradle.co/articles/baghdad-reveals-new-economic-package-to-further-de-dollarize-trade
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China and the United States have agreed to pursue efforts to triple renewable energy capacity globally by 2030.
Triple?
We are going to need a lot more copper and silver.
We better get mining.
Read: https://x.com/goldtelegraph_/status/1724650450152988989?s=46
~~~~~~~~~~
"The SEC Adopts Security-Based Swap Execution Facility Rules that Closely Resemble Existing CFTC Swap Execution Facility Rules"
Not long ago we had the CFTC approve the Security-Based Swap Execution Facility Rules. Now, we have the SEC doing the same with similar rules.
Both the CFTC and the SEC work together in securing, registering, and executing foreign currency swaps among other assets.
It looks like we have an agreement to move forward on rules both entities can work with going forward.
"The Final Rules also implement Section 765 of the Dodd-Frank Act to mitigate conflicts of interest at SBSEFs and national securities exchanges (NSEs) that list security based swaps."
© Goldilocks
https://www.natlawreview.com/article/copy-and-paste-sec-adopts-security-based-swap-execution-facility-rules-closely
~~~~~~~~~~
"USDV stablecoin backed by tokenized treasuries launches"
The USDV Coin is backed by the US Treasury and an equivalent to the US dollar. It is supported by short term US Treasury Bills converted into digital tokens on the blockchain.
Stablecoins are digital tokens that are equivalent to a country's currency value. At the present time, qualified registered investors are able to buy this product.
Holders of this coin are able to verify the Treasuries backing the coin in real time.
© Goldilocks
https://crypto.news/usdv-stablecoin-backed-by-tokenized-treasuries-launches/
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Stellar Protocol 20 Upgrade Unleashes the Power of Soroban CryptoNewsFlash Link
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MUMBAI, India, Nov. 14, 2023 /PRNewswire/ -- Yodaplus DocuTrade, in a collaborative endeavor with its ecosystem partner XDC Trade Network, has successfully executed a pioneering transaction by converting traditional paper Bills of Lading (BL) to electronic BL (eBL). This groundbreaking transaction demonstrates DocuTrade's prowess in digitizing trade documents, thereby also facilitating capital provisioning against the fractionalized eBL for a shipment duration of 7 days. PRNewswire Link
~~~~~~~~~~
The Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rulemaking this week that seeks to expand its authority to supervise and examine providers of digital wallets and payment applications.
The proposal is the latest “larger participant” rule issued by the CFPB, and the first since 2015. Prior rules defined larger participants for student loan servicing, consumer reporting, automobile financing, debt collection and remittance markets.
https://www.jdsupra.com/legalnews/cfpb-takes-next-step-in-its-big-tech-9901404/
https://www.fintechlawblog.com/2023/11/08/cfpb-wants-to-oversee-large-nonbank-digital-payment-providers/
~~~~~~~~~~
Now is the time to digitalise trade finance and restore confidence, Banking & Finance
👆 Goldilocks pointed to this article
~~~~~~~~~~
Climate Activists Stress the Importance of Negotiating a Formal Agreement to Replace Fossil Fuels at COP28 EnergyPortal EU Link
~~~~~~~~~~
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Goldilocks' Comments and Global Economic News Tuesday Evening 11-14-23
Goldilocks' Comments and Global Economic News Tuesday Evening 11-14-23
Good Evening Dinar Recaps,
CHICAGO, Nov. 13, 2023 /PRNewswire/ -- "Cboe Digital today announced plans to launch trading and clearing in margin futures on Bitcoin and Ether, beginning January 11, 2024."
It looks like Bitcoin and Ether are going prime time on the Futures Trading Market. What makes this an important date is that crypto is about to be given regulated clarity and validity inside the markets.
If this is successful, tokenized assets that brings the digital world and traditional markets together would be the next step assuming regulatory clarity goes through to make it possible.
Goldilocks' Comments and Global Economic News Tuesday Evening 11-14-23
Good Evening Dinar Recaps,
CHICAGO, Nov. 13, 2023 /PRNewswire/ -- "Cboe Digital today announced plans to launch trading and clearing in margin futures on Bitcoin and Ether, beginning January 11, 2024."
It looks like Bitcoin and Ether are going prime time on the Futures Trading Market. What makes this an important date is that crypto is about to be given regulated clarity and validity inside the markets.
If this is successful, tokenized assets that brings the digital world and traditional markets together would be the next step assuming regulatory clarity goes through to make it possible.
If so, we will be well on our way to witnessing the new digital economy begin networking across all sectors of the market taking baby steps into the future.
© Goldilocks
PRNewswire Link
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BREAKING: 🇺🇸 US inflation falls to 3.2%, lower than expectations.
@WatcherGuru
~~~~~~~~~~
Key dates for Stellar Protocol 20 upgrade.
These dates are estimates, intended to help you plan to take necessary steps to prepare for the Protocol 20 upgrade. They may change over the next few weeks as audits and engineering tests are completed, and as new information comes in. When dates become definite, we will update this guide to let you know.
December 11 — Stellar Core, Horizon, and Soroban RPC pre-releases / Stellar SDK releases
December 18 — Testnet network upgrade readiness date and reset
December 19 — Stellar Core, Horizon, and Soroban RPC stable releases
January 30, 2024 — Public network upgrade readiness date
What do you need to do to prepare?
Before the January 30, 2024 readiness date, plan to install up-to-date versions of any and all Stellar-related software you use. If you fail to do so, your Stellar integration will be incompatible with Protocol 20, and it will likely break if and when an upgrade occurs.
https://stellar.org/blog/developers/protocol-20-upgrade-guide
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👆 Sorry folks, Protocol 20 has been pushed to January 30th 2024.
If all goes well with the first article I sent to you today, we will be able to move forward with the tokenization of assets. I was wondering if this would get pushed back due to the first article I wrote this morning for you guys.
© Goldilocks
~~~~~~~~~~
We have not seen any major shifts in the Forex Market due to the dollar being the world Reserve Currency and pegged to most of the major currencies, but things are changing.
As countries are moving to the utilization of their own local currencies in trade as a payment source, this is why you are seeing 4X reforms take place at this time to adjust to these new changes.
Yes, new values will come because of these changes, and we are waiting on them to still finish these changes due to the tokenization of these assets and the implementation of Protocol 20.
© Goldilocks
Forbes Link
~~~~~~~~~~
When the traditional Market is transitioned over to the Digital Market being backed by real assets of real value, we can then begin looking for the final touches and conditions to be placed on what we are waiting for in currency revaluations.
© Goldilocks
~~~~~~~~~~
"Gold will set us free, and all roads lead to gold."
© Goldilocks
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Fitch Affirms Inter-American Development Bank at 'AAA'; Outlook Stable
Fitch Ratings Link
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If you are following closely to the change of events today taking place, you will realize that gold and digital tokens will affect the Forex Market.
These two sectors of the market are in process of being reformed and revalued. We are getting closer, but we are not there yet.
© Goldilocks
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CFTC’s Energy and Environmental Markets Advisory Committee to Meet November 13
https://www.cftc.gov/PressRoom/Events/opaeventeemac111323
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Live updates: Federal government shutdown news CNN Link
~~~~~~~~~~
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Goldilocks' Comments and Global Economic News Tuesday AM 11-14-23
Goldilocks' Comments and Global Economic News Tuesday AM 11-14-23
Good morning Dinar Recaps,
"Saturday, informed government sources revealed an Iraqi-American agreement regarding foreign transfers to cover imports"
Iraq is currently raising Capital Requirements in their banking system to cover imports and foreign transfers to several countries.
They are expecting to be able to follow through on this request with JPMorgan's guidance within the next few days.
Goldilocks' Comments and Global Economic News Tuesday AM 11-14-23
Good morning Dinar Recaps,
"Saturday, informed government sources revealed an Iraqi-American agreement regarding foreign transfers to cover imports"
Iraq is currently raising Capital Requirements in their banking system to cover imports and foreign transfers to several countries.
They are expecting to be able to follow through on this request with JPMorgan's guidance within the next few days.
This will help them move money in and out of Iraq enhancing their private sector merchants with liquidity through cross-border trades.
© Goldilocks Zawya Link
~~~~~~~~~~
When the government needs to borrow money, they utilize a t-bill scheme. They formulate new treasury bonds with the anticipation of Market investors buying them. They are considered a safe bet on returns inside of Market that is struggling.
"The 30-year U.S. Treasury yield climbed above 4.8% on Thursday, from 4.655% the prior day, after a sale of $24 billion in bonds received far less demand from investors than the government is used to."
In other words, Market liquidity is drying up. This moves us closer to a flip in the market whereby gold provides liquidity going forward. Time will tell if they hold to the date of January 16th, 2024 in moving to the final implementation stage of capital requirements for banks to hold gold in reserve for events such as this taking place.
When a crisis develops in the markets hardcore banking benchmarks become flexible. We will have to watch this one.
© Goldilocks
WSJ Link
Corporate Finance Institute Link
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Liquidity gridlock worsens in US commercial real estate sector Reuters Link
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US Credit-Rating Outlook Changed to Negative by Moody’s Bloomberg Link
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To enhance foreign investment in Chinese financial markets, the People's Republic of China has recently implemented substantial changes to the regulations overseeing foreign institutional investors. These changes specifically pertain to managing funds used for trading in domestic securities and futures, focusing on streamlining processes related to fund registration and currency conversions.
https://www.indrastra.com/2023/11/china-streamlines-reforms-for-foreign.html
👆Goldilocks pointed to this article
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China-led global CBDC platform, mBridge intends to introduce a minimum viable project in the middle of 2024 as the next step for the blockchain-based cross-border payments solution.
The initiative was founded by the central banks of Thailand, Hong Kong, China, and the United Arab Emirates, and it operates under the umbrella of the Hong Kong BIS Innovation Hub. Participants include the International Monetary Fund, the World Bank, and 23 central banks from across the world.
https://bitcoinke.io/2023/11/mbridge-to-launch-mvp-in-2024/
👆Goldilocks pointed to this article
~~~~~~~~~~
The ISO 20022 crypto-list encompasses compliant digital coins and tokens adhering to the standards set by the International Organization for Standardization (ISO) under ISO 20022. These cryptocurrencies are poised to be integrated into a novel financial system known as ISO 20022-compliant cryptocurrencies, with widespread anticipation that their value will surge upon the standard’s implementation.
News4Social Link
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"How Central Banks Can Use Gold Revaluation Accounts in Times of Financial Stress"
When the Central Banks make a decision to turn their gold holdings into real-valued liquidity prices, it has the ability to turn the markets around forging a path into the future led by the metal markets.
The suppression of gold and other commodities has allowed inflation to move into directions whereby the only choice left to us is releasing caps on the commodity sector of the market.
At this point, a revaluation in gold is rapidly approaching. "Gold will set us free and all roads lead to gold.
© Goldilocks
GoldSeek Link 1
GoldSeek Link 2
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JUST IN: 🇺🇸 Largest US options exchange Cboe to launch margined Bitcoin and Ethereum futures.
@WatcherGuru
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~~~~~~~~~~
"Goodyear’s Q3 sales decreased 3.2% to $5.142 billion compared with $5.311 billion the prior year on the back of commercial truck industry weakness and, to a lesser extent, other tire-related sales declines, the company said."
If the Trucking industry is not on the road moving products, we have a problem. The trucking industry is one of those indicators that allows data reporting agencies to know and understand certain sectors of the market.
This one measures our goods and services sector of the economy, and it is beginning to turn downward in significant degrees.
This is another reason why Libor lending services shifted to SOFR lending services on July 1st, 2023. Remember, SOFR lending is a collateralized-based lending service based on gold as a backing for support. Gold is the new liquidity inside all sectors of the market.
"Gold will set us free and all roads lead to gold."
© Goldilocks
https://www.ttnews.com/articles/goodyear-earnings-q3-2023
~~~~~~~~~~
On the US Debt Clock, watch what happens to the price of gold and silver when the dollar supply runs out.
© Goldilocks
https://www.usdebtclock.org/
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Why the US money supply is shrinking for the first time in 74 years
https://www.goldmansachs.com/intelligence/pages/why-the-us-money-supply-is-shrinking.html
~~~~~~~~~~
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