DINARRECAPS8 2/14/24 DINARRECAPS8 2/14/24

Goldilocks' Comments and Late Breaking Global Economic News Late Wednesday Evening 2-14-24

Goldilocks' Comments and Late Breaking Global Economic News Late Wednesday Evening 2-14-24

Good Evening Dinar Recaps,

Franklin Templeton filed for a spot ether ETF, becoming the latest company to enter the race.

“The Shares are intended to offer a convenient means of making an investment similar to an investment in ether relative to acquiring, holding and trading ether directly on a peer-to-peer or other basis or via a digital asset platform,” the filing said.

Other issuers, such as Ark 21Shares and BlackRock, submitted S-1s for their potential funds at the end of last year.

Franklin was one of nearly a dozen firms to launch a bitcoin ETF back in January after the Securities and Exchange Commission gave the issuers the green light.

According to the Monday filing, Franklin is also interested in staking the ether (ETH) held by the proposed fund. Ark 21Shares updated its prospectus last week to include language around staking. The language had not been included in earlier filings, nor does it appear in filings from BlackRock.
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Goldilocks' Comments and Late Breaking Global Economic News Late Wednesday Evening 2-14-24

Good Evening Dinar Recaps,

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EUROPEAN PARLIAMENTARY HAS ENDORSED THE REGULATION MANDATING "INSTANT PAYMENTS" MARCH 2024 A REMINDER........

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👆 Finally, instant payments are here. Look for them in March, 2024.

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Coinbase & Ledger Collaborate, Increasing Access to Crypto | FintechMagazine

Crypto onramp and infrastructure provider Coinbase partners with Ledger to streamline crypto purchases and increase accessibility for new users.

Coinbase the leading onramp and infrastructure provider for on-chain builders, has partnered with global digital assets provider Ledger to help streamline the crypto purchasing process and increase the accessibility of crypto to new users.

The partners say together they can bring accessible, seamless and secure purchases to crypto users, creating easier pathways for the exchange of self-custody.

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Twitter

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The Eurosystem is gearing up for wholesale settlement trials for DLT networks using central bank money. It opened the call for applications in December, with tests to start in earnest in May. Last month it held its sixth meeting of the industry contact group. As with most previous sessions, various companies outlined potential use cases One of them was Onyx by JP Morgan.

This sixth contact group meeting will be the last until June, which will be an in-person meeting, presumably to get feedback about the trials.

When the DLT initiative first launched, the emphasis was on securities settlement. As tokenized deposits (https://www.ledgerinsights.com/tokenized-deposits/) and deposit tokens have moved up the agenda, there are likely to be multiple use cases where central bank money (CeBM) will be used to settle interbank payments. In the most recent contract group meeting, two groups proposed this use case – the ABI Lab which is part of the Italian Banking Association and Onyx by JP Morgan. Ledger Insights

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A Glossary Of Basic Banking Terms – Forbes Advisor

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DINARRECAPS8 2/14/24 DINARRECAPS8 2/14/24

Goldilocks' Comments and Global Economic News Wednesday Evening 2-14-24

Goldilocks' Comments and Global Economic News Wednesday Evening 2-14-24

Good Evening Dinar Recaps,

Yesterday's CPI index reading or inflation index did not reveal what the Federal Reserve or Investors wanted to see. This caused a pullback in the market from investors whose hopes of a first or second-quarter pivot or reduction of interest rates have been threatened.

Many are beginning to ask themselves, is the debt so great that inflation may never go back to 2% as the Federal Reserve hopes under the current system?

At this point, traders are reassessing how they are going to approach the market. Many investors are putting their money inside tokenized assets such as gold and crypto. This is why we didn't see crypto follow the market yesterday.

A great deal of investors have been investing in crypto, but we have yet to see many move over into hard assets such as gold and silver like we have crypto. It's coming.

Goldilocks' Comments and Global Economic News Wednesday Evening 2-14-24

Good Evening Dinar Recaps,

Traders are realizing that the Federal Reserve's tools for reducing inflation may not come soon enough without draining their personal reserves and holding on to a dream that may never come.

At this point, we can expect the markets to get even more volatile than they already are and more distorted due to money flowing into other countries from ours in aid to support them.

This will prop the dollar up until that flow of money is cut off or the flow of institutional money and whales become so great inside the new digital asset-based economy that influences on the market begin to change.

Consumers make up 70% of the US economy. It's time for the people to speak and make their opinions known. When crypto and commodities become the choice of the people, voices will be heard. New choices will be made. The new people's economy will emerge. https://www.bls.gov/cpi/

© Goldilocks
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"The mission discussions covered policies to restore macroeconomic stability and improve growth prospects, focusing on finalizing the transfer of the RBZ’s quasi-fiscal operations to the Treasury and addressing other sources of fiscal pressures; liberalizing the foreign exchange market and establishing an effective framework for exchange rate and monetary policies; and progressing on reforms to improve economic governance."

IMF Staff Completes 2024 Article IV Mission to Zimbabwe. Article 4 with the IMF is a bilateral discussion on monetary policies that will allow them to move forward with direction. It will allow a country's consultation with them to fully inform all involved of a good path forward.

This is the second country in Africa to be given the green light to move forward with free-floating exchange rates. This will allow Zimbabwe to put their money on a supply and demand platform allowing the markets to determine their new exchange rates. IMF

© Goldilocks

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"Regulatory licensing is a process by which businesses obtain permission from government authorities to operate within a specific industry or jurisdiction."

Simply put, cryptocurrency custody solutions are digital storage providers that store and secure services for cryptocurrencies in large amounts of an asset class to be held in a custody wallet safely.

In this case, Ripple is agreeing to acquire Standard Custody & Trust Company. It is an enterprise-grade regulated platform for digital assets. Ripple is moving forward with regulated compliance protocols that will make this asset a trusted virtual asset in the new digital banking economy.

Standard Custody & Trust Company is a custody and escrow service, chartered under a grant given by the New York State Department of Financial Services. This service is under compliance with federal legislation. CoinTelegraph LawInsider

© Goldilocks

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Trade Announcement:

"Nigeria-Vietnam trade chamber partners UNILAG to revolutionize microchip industry."

Nigeria and Vietnam are making bilateral trade agreements to move forward with the microchip industry.

As we learned just a few days ago, Nigeria is moving to a free floating rate exchange allowing supply and demand to determine their exchange rate.

Microchips and semiconductors play a critical role in the Global Economy, and these new demands will increase new economic influences in each other's countries and the world.

There is no doubt that this particular move between Nigeria and Vietnam in the microchip industry will influence the exchange rate in both countries. Business AM Alive. Wikipedia

© Goldilocks

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In recent years, a transformative wave has been sweeping the financial industry, reshaping the credit landscape in emerging markets. Credit scoring in these regions has historically relied heavily on factors such as employment history and income, with the underbanked and those without formal employment finding themselves excluded due to rigid criteria. New innovations are set to be the turning point for financial freedom in these regions.

At the forefront of this innovation drive are alternative data, artificial intelligence/machine learning (AI/ML) algorithms, and agile cloud platforms employed to build credit scores for underbanked communities. Utilizing new technologies allows banks to offer better financial solutions and increase access to individuals and communities traditionally excluded from formal financial institutions.
InternationalBanker

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Understanding Stablecoins:

Price stability: Unlike volatile cryptocurrencies, stablecoins are pegged to real-world assets like fiat currencies (USD, EUR) or a basket of assets. This stability attracts investors seeking refuge from volatile price swings.

Bridging the gap: Stablecoins act as a bridge between traditional finance and crypto, enabling easier entry and exit from crypto markets.

Diverse use cases: From facilitating payments and lending to powering decentralized finance (DeFi) applications, stablecoins have broad utility.

Liquidity and Stablecoin Expansion:
Increased investment: As stablecoin adoption grows, more capital flows into crypto markets, boosting overall liquidity.

Efficient trading: Stablecoins provide readily available assets for buying and selling other cryptocurrencies, reducing friction and improving trading efficiency.

Deeper DeFi markets: DeFi protocols rely heavily on stablecoins for lending, borrowing, and other financial activities. Increased stablecoin supply fuels these activities, expanding DeFi market sizes and functionalities.

Reduced volatility: A larger pool of stablecoins can help absorb market shocks, potentially dampening overall crypto market volatility, and attracting further investment. Blockchain Magazine

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WELCOME TO THE FUTURE? 🤔

The Central Bank in Zimbabwe has accumulated nearly a ton of gold since introducing a law that forces mining companies to pay part of their royalties using gold.

Now, they are working on backing the nation’s currency with gold.

Zimbabwe has applied to join the BRICS New Development Bank.

The BRICS development bank has said they aim to start loans in local currencies to lessen dollar dependency and foster a multipolar global financial system.

Gold will play a massive role in the future, just like it has in the past.

We are living in transformational times.

Grab a seat.

Read: https://x.com/goldtelegraph_/status/1757560869079425206?s=46

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Yellow Card known for its user-friendly platform and expansive presence across 20 African countries, is set to elevate user experience by integrating USDC on the Stellar network. This integration combines the robust features of the Stellar network, such as low transaction fees and lightning-fast transactions with the rapid growth of one of the world's fastest-growing digital currencies, USDC, offering users a seamless, near-instant, and cost-effective solution for various financial transactions. With this integration, users on the Yellow Card app can now send USDC on the Stellar network.

https://stellar.org/press/yellow-card-introduces-usdc-on-stellar

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DINARRECAPS8 2/13/24 DINARRECAPS8 2/13/24

Goldilocks' Comments and Global Economic News Tuesday Evening 2-13-24

Good Evening Dinar Recaps,

"Over 44 Million Contracts Deployed to Ethereum Since Genesis: Research." This is on the Ethereum platform alone. These numbers were accumulated back in 2022, and many have been employed since that time on several other platforms.

Remember, smart contracts secure agreements being capable of fulfillment on both sides of a trade. Just recently, Cardano has already added over 5,000 contracts just this month. These smart contracts are continuing to expand as we approach Protocol 20 where Quantum Technologies from around the world will begin to populate their Networks and interface tokenized assets.

These tokenized assets will need payment systems such as stablecoins to pay for their use. These stablecoins will create money velocity adding value to a country's currencies being exchanged on the QFS.

As of last September, over 200 different stablecoins have been minted. Many of these are in process of being regulated at this time.

Goldilocks' Comments and Global Economic News Tuesday Evening 2-13-24

Good Evening Dinar Recaps,

From many of the reports I have read, the housing market is expected to put a squeeze on liquidity in March and going forward. It will begin to create price pressures on gold that backs the tokens being minted on the QFS.

The timing of the old system leaving and the new one coming into play is uncanny. This synchronized event will create much volatility in the coming months. Don't forget, we will all be going through this transition together.

© Goldilocks
Finbold
TheCryptoBasic
FinExtra
BitPay

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"UAE now among top 3 global hubs for finance, Standard Chartered CEO tells World Governments Summit in Dubai.

Dubai’s connector role is crucial when trade flows are fundamentally changing. The trade flow between Asia to South Asia and the Middle East, including China, becomes critically important,” said Winters while speaking on the first day of the Summit."

The rerouting of trade flows which comprise 70% of trades that happen in the world are becoming hot topics of opportunity and growth in the Eastern half of our world.

The ability to foster trade relations utilizing local currencies between nations building digital foundations in the area of finance is formulating new bilateral trade relationships involving exchange rate pressures on currencies not utilized in a long time. Gulf News

Watch the water.

© Goldilocks

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"The Markets in Crypto-Assets (MiCA) regulation is a landmark framework created by the European Commission (EC) that focuses on maintaining financial stability."

The European Commission is currently in process of classifying stablecoins. A paper is being proposed that will outline and protect certain criteria to inform banking systems they trade with of the dangers and benefits of moving forward with this new digital product.

Stablecoins are currently in review and looking to be regulated in the near term among many nations around the world. Some of these stablecoins will require more support than others at the beginning stages of this process.

Working to achieve a Level Playing Field is the purpose of this proposal, but outlining a process is a start into a new direction we have not reached until this point. Digitizing the Forex Market is an idea whose time has come. Ledger Insights Investopedia

© Goldilocks
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The Vote
PROTOCOL 20

On the day of the vote, the network's validators will cast their votes, and if they approve the upgrade, the Stellar network will immediately switch from Protocol 19 to Protocol 20.

After more than two years of technical discussions, hundreds of thousands of lines of code, and over 150 projects (that we know of) deployed on Testnet, the upgrade will mark the era of a new Stellar smart contracts tech stack, one that delivers productivity through a batteries-included developer experience built to scale.

However, unlike an immediate zero to 100 rollout, validators are opting to increase capacity for Soroban transactions on Mainnet through a phased approach. The limited capacity for Soroban transactions on Mainnet means that Soroban dapps won’t be ready for use at scale until later phases.

This deliberate strategy will allow network participants to monitor smart contract functionality's impact on network performance, security, and stability. As we progress through the phases, ledger limits for Soroban transactions will increase, ultimately building up to full capacity worthy of builders and users alike.

To be clear, these phases and the accompanying limits apply to smart contract functionality only. Limits on transactions that make use of existing Stellar operations won't be impacted, which means existing applications will continue uninterrupted. Stellar

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Crypto is decoupling from the markets. Usually crypto goes down with the markets to the same percentage levels.

Today, crypto did not go down nearly as far as the markets did when they dropped.

This is an indicator of where money is going and who is creating support levels for the two sets of markets that are currently integrating themselves together.

© Goldilocks

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Crypto Announcement:

The demand for Bitcoin is currently outpacing supply. This is an indicator regarding price pressures that are about to be put on the crypto markets. When demand outpaces supply, you have rising prices for the asset not able to keep up with demand. Coindesk

© Goldilocks

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Great potential for Vietnam – UK future cooperation: Ambassador Iain Frew | Vov VN

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Venezuela increasingly becoming immune to US sanctions | Al Mayadeen

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How many smart contracts on Ethereum? How do Ethereum smart contracts work? - Bitkan

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Rising Sales of Electric Vehicles and Growing Emphasis on Safety to Surge Brake System Market at 5.4% CAGR by 2034 | Future Market Insights, Inc. | ForexTV

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Instant Debit Payments: The Next Phase of Real-Time Payments - PaymentsJournal

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Fednow Banking Announcement:

Local banks and credit unions are beginning to implement FedNow, a service provided by the Federal Reserve Bank of the United States to allow the transfer of funds from one institution to another in a matter of seconds. | BizJournals
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India's Forex Announcement:

India’s forex reserves jumped $5.736 billion to $622.469 billion for the week ended February 2, according to the latest RBI data. In the previous week, the overall reserves had increased by $591 million to $616.733 billion. Office Newz

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Estate Planning: Monitoring and Protecting Assets Online - TechBullion

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Senate passed $95 billion foreign aid overnight for U-kran, IS-RA-EL, Ti-wan.

Markets are adjusting...

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Watch Out!! New CBDC System Could End The US Dollar! | YouTube

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Central Bank Digital Currencies (CBDCs) are being explored by several countries and central banks for potential use on the Ethereum blockchain platform. Using Ethereum for CBDCs offers benefits such as enhanced security, transparency, efficient cross-border transactions, and programmable money. Oct 6, 2023 -- Doubloin
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DINARRECAPS8 2/12/24 DINARRECAPS8 2/12/24

Goldilocks' Comments and Global Economic News Monday Evening 2-12-24

Goldilocks' Comments and Global Economic News Monday Evening 2-12-24

Good Evening Dinar Recaps,

Viet Nam’s exports surge 42% in January

"Việt Nam’s exports reached nearly US$33.6 billion in January, a 42 percent surge over the same period last year and the highest level since April 2022.

According to a report by the Ministry of Industry and Trade, Việt Nam’s total imports and exports of goods in the first month they surpassed $64 billion, up 38 percent year-on-year.

The surge in exports was mainly driven by the agriculture-forestry-fisheries, and processing industries, which increased nearly 97 percent and 38 percent, respectively."

These numbers are significant increases, but the one number that is the most encouraging is coming from their "process industry."

Companies that extract, transport, and process raw materials for manufacturing semi-finished or high-quality end products such as physical, mechanical, and/or chemical processes are classified as process industries.

This significant increase in demand for this particular industry indicates an ongoing service that can be provided to the Global economy. The increase in their goods and services will begin to increase price pressures on their currency to meet these demands through digitized payment systems.

© Goldilocks

Source: VNA/SGT/VNS/VOV/Dtinews/SGGP/VGP/Hanoitimes

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Goldilocks' Comments and Global Economic News Monday Evening 2-12-24

Good Evening Dinar Recaps,

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12:58 Baghdad – 964 The Securities Commission announced on Monday that the acceptance of cash payments is through electronic payment methods only, while revealing a trend to list electronic payment companies on the stock market. Search 4 Dinar

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It is the future demand for US Treasuries being used as a debt instrument by other countries that is the concern for the US dollar going forward.

The lower demand for the US dollar to be used as a World Reserve Asset will force the Federal Reserve to engage in quantitative easing or the lowering of interest rates to produce more purchasing power on our currency.

Current price distortions between the US dollar and other currencies utilizing their own resources and purchasing power through the use of their own local currencies will begin the process of leveling the playing field in a Global Currency Reset.

Through the use of tokenized assets utilizing gold/local currency opportunities for countries around the world will establish new demands inside the new digital asset-based trading system.

It is a process that is currently underway and about to shift into much higher gear as we approach the end of this month. WTOP Radio

© Goldilocks

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"The renewables bubble has burst | The Spectator"

The movement from oil to solar power and electronic vehicles has begun. This transition has redirected much monetary supply into new directions and towards clean energy.

This transition is ongoing, and it will take some time. It is causing distortions in oil prices and the redirecting of new local currencies aligning themselves with this transition is causing new speculation prices on oil and energy.

Look for free-floating rates to begin as we transition from oil to solar power and other energy sectors of the market paving the way into new developments inside a digital economy.

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A Goldilocks Economy represents an idea whose time has come. We are currently adjusting Payment Systems and Global Economies seeking out price patterns that will allow us to move into the future with systematic digital protocols that will align our Global Economy with numbers we can grow from going forward.

Just like the story of Goldilocks and the Three Bears, we are looking for value adjustments that are "just right." Our entire Financial System around the Globe is just simply looking for a home. As we journey through this transition, the place we live will be determined by real values and real numbers paved with streets of gold.

© Goldilocks

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The Chinese Yuan just replaced the US Dollar in foreign currency trades for Russia.
In just the last 2 years, the Yuan was used less than 1% to now over 34%.

© Goldilocks
https://www.youtube.com/shorts/peH0vxSfEg4

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The world needs more copper.
This will be one of the biggest stories in the years ahead.

Read: https://x.com/goldtelegraph_/status/1756382475276918961?s=46

👆 Goldilocks pointed to this article

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BREAKING NEWS

ZIMBABWE MAY BACK ITS CURRENCY WITH GOLD IN AN EFFORT TO END EXCHANGE-RATE INSTABILITY

Here it comes…
It always starts with one.

Read: https://x.com/goldtelegraph_/status/1757081932373062101?s=46

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Zimbabwe’s Government Considers Using Gold to Back Its Currency | Bloomberg

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Zimbabwe to link exchange rate to hard assets which includes gold.

People laugh at the country but don't grasp the blueprint.
It is starting…

Read: https://x.com/goldtelegraph_/status/1757135386110013612?s=46

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Ripple says it’s planning to expand its payments business in the U.S.
Right now, 90% of the blockchain company’s business is based outside the U.S., Ripple senior director and head of product marketing, W. Oliver Segovia, said on LinkedIn last week.

“After being relatively quiet for the past 3 years in the US for Ripple Payments, we’re geared up to announce new product updates powered by our money transmitter licenses (MTLs) that cover the majority of US states,” Segovia wrote. Pymnts

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Is a Recession Imminent? The Fed's Leading Indicator, Which Hasn't Been Wrong Since 1966, Offers a Clear Answer. | Fool Investing

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The $2 Trillion in Goods the US Exported in 2023: Led by Energy Products, Capital Goods, Pharmaceuticals, and Automotive | Wolf Street

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Even Banks in Asia-Pacific (APAC) on the Hook for US Office CRE: Fitch | Wolf Street

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Acting Comptroller Discusses Bank Mergers | YouTube

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DINARRECAPS8 2/12/24 DINARRECAPS8 2/12/24

Goldilocks' Comments and Global Economic News Monday AM 2-12-24

Goldilocks' Comments and Global Economic News Monday AM 2-12-24

Good morning Dinar Recaps,

"The changes to operations in the country’s FX market imply that Nigeria has eased its control of the Naira, allowing the local currency to float freely."

Nigeria is moving to a free-floating exchange rate. In other words, Nigeria is allowing their currency to be determined by supply and demand inside the market.

Here, the Central Bank will not be influencing the external value of their currencies' exchange rate.

© Goldilocks
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Goldilocks' Comments and Global Economic News Monday AM 2-12-24

Good morning Dinar Recaps,

Investing in Gold: Is Gold Still a Good Inflation Hedge in a Recession? | Bloomberg
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CURRENT SITUATION

1. Stocks are trading like the Fed already cut rates

2. Bonds are trading like rate cuts aren't happening

3. Gold is trading like we are on track for a "soft landing"

4. Oil prices are trading like we are entering a recession

5. Housing markets are trading like nothing is happening

Nothing adds up here.

@KobeissiLetter

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MC Explains: All you need to know about programmability and offline functionality proposed in CBDC pilot. | Moneycontrol

During monetary policy review, Reserve Bank of India (RBI) Governor Shaktikanta Das on February 8 proposed additional use cases for central bank digital currency (CBDC) pilot projects.

To make it attractive and increase the adoption of CBDC, Das said that the digital currency would be programmed to help cater to specific end uses and also make it usable in areas with poor or no internet.
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15 Strongest Currencies in the World in 2024 - Insider Monkey

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Bidenomics is failing, the people know it now. The farmers are now feeling the pain. When Trump was in the WH he gave the tariffs to the farmers to help them. Now the farmers are in trouble. Putin is now letting everyone know the world is moving away from the Federal Reserve note. | X22report

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DINARRECAPS8 2/11/24 DINARRECAPS8 2/11/24

Goldilocks' Comments and Global Economic News Sunday Evening 2-11-24

Good Evening Dinar Recaps,

I have been watching several countries from around the world going through Article 4 consultations with the IMF. Many of these were held last year to determine new fiscal plans for the coming year that we are now living in at this time.

Article 4 meetings with the IMF happen every year, but this time is different. They are discussing inclusion of Commodities and Digital Assets to implement.

I noticed several articles this past week and yesterday talking about revealing and implementing new fiscal sustainability plans. These new plans will govern the economy of their people.

These new fiscal sustainability plans are indicators the countries are preparing to move forward with our new digital economy. It's getting out in the open my friends.

Below are just a few articles from countries that are beginning to inform their people about monetary policy changes that are coming.

© Goldilocks

Goldilocks' Comments and Global Economic News Sunday Evening 2-11-24

Good Evening Dinar Recaps,

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"From Coal to Clean: The Economic Challenge of Shifting Energy Paradigms"

Our world is transitioning into clean energy paradigms. It is causing some of our fossil fuel communities to be vulnerable. People will be moving into new companies leaving old ones behind during this process. There will be many adjustments that will need to be done on so many levels inside our new economy.

This will cause a shift in monetary policies and prices on energy sectors of the market. Commodities are expected to go into a bull market for several years when this transition is fully complete due to the fact of this change in the way we work and live.

This is another reason why it is important to watch The Debt Clock. Watch for a resetting of prices in gold, silver, and oil. What used to be the oil sector now reads "from oil to solar." Interesting don't you think?

Each week, my friend Freedom Fighter spends time with people going over the debt clock. I hope you seek out this room through "Seeds of Wisdom." It is both fun and enlightening for the people who are working together to understand the changes taking place on the debt clock. Oil Price

© Goldilocks

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BRICS: 159 Countries Eyeing Russia's New Payment System | Watcher Guru

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RBI Tests Asset Tokenization in Wholesale CBDC Pilot | Crypto Times

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ARTICLE 19 contributed to ‘Voices for the DMA’, a call in video format from 20+ stakeholders in the Coalition for App Fairness for effective enforcement of the Digital Markets Act (DMA) ahead of the 6 March 2024 deadline for compliance. Article 19

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Instant payments are finally here: Milestone vote by European Parliament | Worldline

"Marking a pivotal moment in European payments, the European Parliament has endorsed the regulation mandating instant payments, requiring credit transfers to be executed within ten seconds across the EU. This endorsement paves way to the approval by EU Finance Ministers in Council, with the final text anticipated to be published in the Official Journal of the European Union (OJEU) by March 2024."

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Devastating impact of Evergrande’s $532 billion collapse | News AU

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DINARRECAPS8 2/10/24 DINARRECAPS8 2/10/24

Goldilocks' Comments and Global Economic News Saturday Evening 2-10-24

Good Evening Dinar Recaps,

"OSL, a Hong Kong-licensed digital asset platform, has successfully executed the first transaction of a tokenized warrant issued by UBS in Hong Kong."

Tokenized Warrants interface Traditional Finance and Blockchain Technology transactions. The transaction took place on the Ethereum Blockchain.

Ethereum is a peer-to-peer transaction network allowing digital monetary transactions to talk to one another (through codes) executing payments without the intermediary function of a centralized system.

UBS tokenize is a part of the Swiss Bank's tokenization service utilizing the Distributed Ledger Technological System to tokenize bonds, funds, and other structured products.

© Goldilocks

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Goldilocks' Comments and Global Economic News Saturday Evening 2-10-24

Good Evening Dinar Recaps,

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Banking Announcement:

"Hong Kong Proposes Regulatory Framework for OTC Crypto Venues. Firms providing "spot trade of any virtual assets for money" such as physical shops and ATMs would have to be licensed by the Commissioner of Customs and Excise."

Hong Kong is moving from their pilot phase of testing through a sandbox of several virtual assets from around the world to proposing regulations on these virtual assets they used to examine use case scenarios for payments.

These over-the-counter virtual assets will begin their movement onto the QFS through a broker-dealer relationship until they are nationalized further into this process.

This proposed regulatory framework will impact providers of services enrolled in the benefits of CMS programs. A Content Management System helps companies manage digital content, and it's purpose is to eliminate fraud moving through their networks.

After a period of comments through this proposed regulation, Hong Kong will move on to their final regulations. The Final Regulations will implement the new virtual asset regulations for Hong Kong.

© Goldilocks
RegulationAsia
News HK

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Statement on Approval of FINRA Proposed Rules to Establish Post-Trade Transparency in the Treasury Markets | SEC

Today, the Commission approved a rule change proposed by the Financial Industry Regulatory Authority (FINRA) to provide for the first time public dissemination of U.S. Treasury transactions on a trade-by-trade basis.

Post-trade transparency promotes liquidity and helps investors. There is something about that sunshine. It gives everyone a sense of where the current market is. The public gets to see details of the last trade that two counterparties just negotiated in that market.

The FINRA rule approved today brings greater post-trade transparency to those shopping for or selling Treasury securities.
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Look for Global Regulations on Stablecoins to begin populating during Protocol 20 (Global Network Integration) as it expands after the vote on February the 20th to move forward. You can't have one without the other.

One is a payment system that will pay for the Tokenized Assets being populated. It will begin the process of synchronizing the banking system with our markets Globally.

© Goldilocks

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Global Payment Orchestration Platform Market Review 2018-2023 And Forecast To 2028: Surge In Cross-Border Transactions Fuelling Market Growth | MENAFN

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Local currencies dominate Russia-China trade – Putin aide — RT Business News

Russia and China have brought the share of mutual trade settlements in the national currencies to 90%, Yury Ushakov, a senior foreign policy aide to Russian President Vladimir Putin, said on Thursday following a phone call between Putin and his Chinese counterpart Xi Jinping.

The official added that during the call the two leaders emphasized the importance of creating a reliable joint financial infrastructure.

"It has been stated that over 90% of settlements between our countries are carried out in rubles and yuan," Ushakov told journalists after the conversation between Putin and Xi.

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NSE’s consolidated Q3 operating revenue up by 25% YoY at Rs.3,517 crores | NewsroomPost

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Broadridge's DLT repo platform transacts $1 trillion a month. Just getting started | Ledger Insights - blockchain for enterprise
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Bitrue Introduces Tether Gold and Euro Tether to its Platform | BlockchainReporter

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Silver the New Gold in the East, then West | YouTube

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Digging into the Future: The Role of Precious Metals and Sustainable Industry Practices | Nasdaq

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Treasury secretary won't say whether dept surveils Americans' purchases: 'Concerning' | The National Desk

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Which Banks are using Quantum Financial System?

"No bank uses the Quantum Financial System at the moment. However, it might be worth noting that large banks like JPMorgan (JPM) and Goldman Sachs (GS) are piloting the use of quantum computers for advanced financial models." Jan 10, 2024

As we discussed about 2 years ago, JP Morgan was the lead Bank assigned to take our Banking System into Decentralized Finance through Web 3 applications.

We are approaching some of the final developmental stages of this new digital asset-based trading system. Currently, we are in the pilot phase of this development, and Protocol 20 will begin to populate Financial Networks around the world inside this new QFS this month. CoinCodex

© Goldilocks.

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Cryptodollar Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries | CoinDesk

M^0 white paper has set rules to allow crypto institutions to mint and issue fully decentralized and fungible stablecoins backed by U.S. Treasury bills.

The team is backed by Pantera and led by stablecoin pioneers from MakerDAO and Circle.

The M^0 protocol aims to recreate the $5 trillion-$20 trillion offshore dollar market for the digital age.

~~~~~~~~~~

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DINARRECAPS8 2/8/24 DINARRECAPS8 2/8/24

Goldilocks' Comments and Global Economic News Thursday Evening 2-8-24

Good Evening Dinar Recaps,

Joint Statement on the U.S.-UK Financial Regulatory Working Group

Folks, several financial governing bodies have been working together to create new leverage mechanisms that will level the playing field between countries around the world.

There is a growing understanding that these new Digital Payment Systems will create new Global Currency Values going forward.

The following article represents an accumulation of several working bodies in the financial payment sector collaborating new efforts for equalizing trade mechanisms on a Global scale going forward.

This is all part of leveling the playing field we have talked about many times among countries to allow everyone to move forward together inside a new Digital Asset Based Trading System. Treasury UK Gov

© Goldilocks
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Goldilocks' Comments and Global Economic News Thursday Evening 2-8-24

Good Evening Dinar Recaps,

Joint Statement on the U.S.-UK Financial Regulatory Working Group

"The WTO's Global Review of Aid for Trade, scheduled for 26-28 June, aims to integrate trade into development strategies under the theme 'Mainstreaming Trade'. This event addresses supply-side constraints that hinder the participation of developing economies and LDCs in global trade."

LDC stands for least developed countries. In 2021, the least developed countries have been exporting primarily oil, gold, copper, and clothes. The shift to encouraging agricultural exports has been underway ever since that time, and this is beginning to help encourage more trading revenue in the commodity sector that will allow them to compete with some of the larger countries.

This article is telling us that Economic Development between countries are in process of being reformed through the World Trade Organization. Economic development effects currency appreciation as changes to trade ratios create improvement in the standard of living through the World Trade Organization.

We talked about this not too long ago. Countries are working with the WTO in making some of these changes since the early part of this year in late part of last year. These changes improve the quality of living in a country's revenue inspiring new demands on their currency and their values.

There is a meeting this month to go over contracts and establish new trade ratios based upon new demands in countries around the world for goods and services.

Later this year we are reading about a conference that will be held to focus on supply side issues in these Global Trade mechanisms. These shifts will create a More Level Playing Field between countries and new price pressures on their local currencies fulfilling these orders. BNN Breaking ACS AEC

Watch the water.
© Goldilocks

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World’s Best Supply Chain Finance Providers 2024

Technological advancements in digitalization and automation have made supply chain finance (SCF) more accessible and efficient, which has led to a proliferation of platforms and solutions that streamline the processing of invoices and payments, making it easier for companies of all sizes to implement SCF programs.

The increased complexity of supply chains makes managing working capital efficiently much more challenging. SCF can bridge the gap between payment terms and the actual flow of goods—helping buyers and suppliers improve their cash flow by accelerating receivables for suppliers and extending payables for buyers. https://gfmag.com/banking/worlds-best-supply-chain-finance-providers-2024/

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Cybersecurity remains number one risk for global banks | Fin Extra

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Hong Kong General Chamber Of Commerce Urges Government To Consider Yuan-Linked Stablecoin

The Hong Kong submitted proposals for the city’s upcoming budget, asking policymakers to allow the issuance of a stablecoin in China’s yuan.

It said in a Feb. 6 statement that the stablecoin could be be backed by the yuan or a basket of various fiat currencies, including the yuan, Hong Kong dollar and USD stablecoins. Inside Bitcoins

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Swiss Fintech Trade Group Details Vision of “Tokenized Finance” - Fintech Schweiz Digital Finance News - FintechNewsCH

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5G Promises Connected Consumers More Personalized Banking | Pymnts

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"Established in 1964 as a permanent intergovernmental body United Nations Conference on Trade and Development (UNCTAD) is the main authority of the General Assembly in the sphere of trade and development. Its purpose is promotion of trade and development, particularly in developing countries."

The UNCTAD is currently calling for immediate reforms to the global debt framework such as the WTO we have been talking about today to avoid a widespread debt crisis within developing countries.

Many of the decisions you are seeing today on payment systems have had their roots in many years of discussions to get to this point. We are witnessing an implementation stage in the new digital economy taking place as we speak.

When Protocol 20 begins to connect Quantum Technologies from around the world, you are going to see many of the workings of these collective payment bodies from around the world began to implement and formulate new value structures on our new Global economy.

We are witnessing pressures to move forward with a new Financial System from all sides of the world at this time. Volatility in the market is expected, and it will shake out old price patterns and formulate new ones in the transformation of these traditional assets becoming tokenized inside a new commodity-based system. UNCTAD Economy Gov

© Goldilocks
~~~~~~~~~~

How does the Soroban Smart Contract Platform work?

https://youtu.be/vV8FLaz1gXY?feature=shared

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Stellar | Soroban | Smart Contracts Platform on Stellar | Stellar

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"Hong Kong is among first to propose crypto reserve requirements for banks aligned with new international standards."

This will go a long way to help approve those stablecoins that are in Hong Kong's current pilot program.

Creating synergistic payment programs between the banking system and crypto through pegging their stablecoins with commodity assets will give a real value to their digital economy and those that trade with them in the sandbox being tested and soon to be regulated. SCMP

© Goldilocks

~~~~~~~~~~

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DINARRECAPS8 2/7/24 DINARRECAPS8 2/7/24

Goldilocks' Comments and Global Economic News Wednesday Evening 2-7-24

Good evening Dinar Recaps,

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received a delegation from the World Bank headed by the Director of the World Bank’s office in Iraq, Mr. Richard Abdel Nour.

During the meeting, they discussed enhancing bilateral cooperation between the Central Bank of Iraq and the World Bank and discussing electronic payment projects and financial inclusion, as well as reform programs to enhance the stability and development of the financial sector.

The two parties also discussed the support of the World Bank to provide advice in establishing the Riyada Bank dedicated to financing small projects in Iraq, with the support of the International Finance Corporation.

In turn, the World Bank delegation praised the procedures of the Central Bank of Iraq in facilitating financial transfers to different segments in Iraq, noting that the infrastructure of electronic payment systems and software systems in Iraq are among the best systems in the region.

Central Bank of Iraq Information Office 7 February – 2024

Goldilocks' Comments and Global Economic News Wednesday Evening 2-7-24

Good evening Dinar Recaps,

~~~~~~~~~~

Economic Reforms in Iraq are currently being implemented. This does not mean it will happen all in one month. Some of these reforms will take place throughout this year.

In other words, the Central Bank of Iraq and the World Bank are currently in process of implementing their new digital asset-based trading system into the Global Markets. https://cbi.iq/news/view/2511
© Goldilocks

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Those of you who have been in this process for some time can remember when Iraq said the following words, "...they would wait for a suitable environment for the re-entrance into the Global Markets." Well, they are beginning the process this month.
© Goldilocks

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Watch interest rates. This is where the game begins.
© Goldilocks

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Commercial real estate is crashing. Workspace offices are on sale globally in almost all businesses you can think of at this time. Regional banks are extremely stressed - again. Business Insider
© Goldilocks

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Janet Yellen: Some banks may be ‘quite stressed’ by empty office building trouble | CNN

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The report noted that “Even if only half of the uninsured depositors decide to withdraw, almost 190 banks are at potential risk of impairment to insured depositors, with potentially $300 billion of insured deposits at risk. Norada Real Estate Investments

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The US dollar currently has a lot of downward pressure on it due to a lack of demand for its use.

This does not mean it cannot be pushed up due to war utilizing the dollar to support those efforts.

Just so you know, the real technicals on the dollar if war wasn't taking place would have brought the dollar to a much lower value by now.

A lot of technical values will begin to change during this war. They certainly will need to be adjusted when they are done. Investopedia
© Goldilocks

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Auto Loan Balances, Subprime, Delinquencies, and Income: Who Are Those Drunken Sailors? | Wolf Street

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Credit-card and car-loan delinquencies are at their highest point in more than a decade | Morningstar
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Janet Yellen: Some banks may be ‘quite stressed’ by empty office building trouble | CNN

~~~~~~~~~~

Dow theory is flashing a warning | Finance Yahoo

~~~~~~~~~~

Crypto Risks Demand Congressional Action, Treasury Secretary Sounds Alarm | Tron Weekly

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Inflation constricts growth and liquidity in 2024 for banks and credit unions, according to new Wipfli reports | PR Newswire

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The Central Banks all around the world have been accumulating gold for some time. There is a good reason for this, which, we are witnessing take place at this time.

Central Banks provide liquidity for the banking system during times of turmoil and downturns such as the one we are experiencing.

As our Global Economy begins to feel a greater force of inflation creating liquidity squeezes on our banking systems going forward, it will be the role of the Central Banks to utilize our gold holdings to add net worth and value to our banks the dollar can no longer provide.

This movement forward into a greater and greater dependence on gold to deflate our inflated economy will create a bridge into our new economy. ICICI Direct

"All roads lead to gold, and gold will set us free."
© Goldilocks

~~~~~~~~~~

When our economy begins to lower interest rates, we will see the Metal Markets begin to rise. At that time, many of our tokenized assets that are backed by gold and other commodities will begin to add value to our new tokenized assets in the new digital economy.

Protocol 20 will bring these new assets into the market through Quantum Technologies interfacing networks that will allow them to work together. This will be again creating real world assets of authentic values going forward.

Depending on where we are in interest rate cuts as our Quantum Technologies begin the process of populating new asset values into the market, we will begin to witness synchronizing efforts between the banking system and the markets begin to flow into them new mechanisms that will guide us forward in our new digital asset based trading system.

For instance, some of the highest demands on Silver going forward ever recorded will begin to raise the price of assets this particular commodity is backing.

Throughout history, silver and gold has been used at times to represent monetary values. They are both coming into play along with other commodity metal assets and rare earth minerals.

Lower interest rates will begin the process of infusing higher values and more liquidity into our markets. All reports continue to tell us to expect great changes as we near the second half of the year.

Everything is going to be tokenized before it's over my friends. Everything. What this tells us is values on these new tokenized assets are about to see new values when the markets pivots or changes direction into the new financial system. Silver Institute
© Goldilocks

~~~~~~~~~~

Isaac Posted a Message today!

Hello I will have a great update tomorrow. Blessings!

Isaac's Telegram Room

~~~~~~~~~~

On Thursday, the Supreme Court will hear arguments over whether Section 3 of the 14th Amendment bars former President Donald Trump from the ballot in Colorado — the outcome of which could upend the 2024 presidential election.

The court will hear oral arguments in the case on Thursday, Feb. 8.

Both Trump and the Colorado voters who sued to bar him had asked the high court to weigh in and determine whether a part of the 14th Amendment designed to keep Confederates out of government after the Civil War should apply to the former president — and leading contender for the GOP nomination — later this year. NPR

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👆 If you think this doesn't have anything to do with the economy, you better think again.

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Large cryptocurrency miners in US now have to report energy use to the government | Ars Technica

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Used-Vehicle Wholesale Prices Give Up 55% of Pandemic Spike: Historic Plunge after Crazy Spike | Wolf Street

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U.S. SEC Clears 'Dealer' Rule Expansion That Could Rope in DeFi | Coin Desk

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Today, the Commission is considering whether to adopt final rules further defining a dealer and government securities dealer. I am pleased to support this adoption because it requires that firms that act like dealers register with the Commission as dealers, thereby protecting investors as well as promoting market integrity, resiliency, and transparency.

The registration, oversight, and regulatory regime for dealers is a cornerstone of the federal securities laws. It was amongst the first authorities that Congress gave the SEC as part of the Securities Exchange Act of 1934.

When dealers register, they become subject to a variety of important laws and rules that help protect the public, promote market integrity, and facilitate capital formation. Amongst these are meeting minimum capital requirements, reporting data to regulators, and keeping books and records. This regime benefits investors, issuers, and markets alike—and has done so for nearly 90 years. SEC Link 1 SEC Link 2

~~~~~~~~~~

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DINARRECAPS8 2/6/24 DINARRECAPS8 2/6/24

Goldilocks' Comments and Global Economic News Tuesday Evening 2-6-24

Good Evening Dinar Recaps,

“Chinese authorities told state-owned banks to step up intervention in the currency market this week, in a push to prevent a surge in yuan volatility, according to people familiar with the matter.”

In 2023 until now, The People's Bank of China has been manipulating their currency exchange rate more than usual. As the dollar has become more unstable, their State Banks have stepped up to the plate to buy some of their assets from the markets themselves to stabilize the Yuan.

Several tools have been utilized to control their currency fluctuations as of late, and the Exchange Stabilization Fund has been called in to assess the situation and give them supportive direction. "China academic calls for US $1.4 trillion stock stabilisation fund."

As the global wars continue to expand, the volatility of all the Global Markets are beginning to create havoc in the foreign currency exchange markets. Currency interventions like these are common during wartime efforts.

Goldilocks' Comments and Global Economic News Tuesday Evening 2-6-24

Good Evening Dinar Recaps,

This is why old play books no longer apply when distortions in the market begin to affect economic stability and job creation opportunities.

The BRICS Nations, of which China belongs, sets them apart through a backing of gold to support their local currencies. These efforts adds to the net worth of a country's revenue holdings.

The use of gold to stabilize currency exchange rates and demand bring in greater value in exchange processes between countries.

As Global wars continue to expand, you can expect a rise in volatility inside the Markets and Forex. Old contracts between nations may no longer hold accurate trade values going forward. Look for gold and other Exchange Stabilization Fund interventions to come into play.

© Goldilocks
CFR NCUA TheEdgeMalaysia

~~~~~~~~~~

There is a good reason why stablecoins were left until last to be regulated. One, you have to have tokenized assets to pay for in using them. And two, you have to provide liquidity for these digital currencies that represent paper currencies inside a country's banking system.

When you back stablecoins by a real world asset such as gold and other commodities, these real values create standardized behaviors in the marketplace the banking system can correlate with economic tools designed to grow them in their liquidity i.e. staking. (See Article Below)

Restaking is a process where you commit your cryptos to aid in the development of a blockchain network. In return, you get a reward for staking and holding this asset in the network. CryptoSlate

~~~~~~~~~~

Stablecoin expansion is bringing liquidity to crypto, but JPMorgan warns of challenges ahead

The stablecoin market cap is growing again, which is a good sign for crypto market liquidity, but it hasn't fully recovered and could face regulatory challenges this year, according to JPMorgan. Stablecoins expanded by $60 billion between their May 2022 peak and their October 2023 low of $122 billion.

The top came just before the collapse of the Terra network, which created the contagion that spread to other stablecoins and crypto lenders that year. But as investors anticipated the Securities and Exchange Commission's approval of spot bitcoin ETFs in the U.S., the market expanded by $9 billion between October 2023 and January 2024.

This is generally a "positive sign" for crypto, according to JPMorgan analyst Nikolaos Panigirtzoglou. "Stablecoins link the traditional financial system to the crypto ecosystem and by being the equivalent of 'cash' in the crypto ecosystem are both the 'lubricant' and major source of collateral," Panigirtzoglou said in note Thursday. Stablecoins are cryptocurrencies that have prices pegged to an underlying asset Knowledia News

~~~~~~~~~~

Yellen urges Congress to pass stablecoin regulation in Senate Banking testimony | https://youtu.be/QoLSwJcFAwQ?feature=shared

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LIVE: Treasury Secretary Yellen testifies before the House Financial Services Committee — 2/6/24 | https://www.youtube.com/live/gZ0tziMRaK4?feature=shared

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Vietnam is pushing the US to grant it 'market economy' status.

"A market economy is a type of economic system where supply and demand regulate the economy, rather than government intervention."

A market economy would allow supply and demand to determine the value of the following criteria in their economy:

* degree of currency convertibility

* degree of salary determination by negotiation between employers and employees

* degree of freedom for foreign companies’ investment

* degree of ownership or production methods of enterprises controlled

As you can see, this change would open up a path for new exchange rates in Vietnam. Vietnam has a strong indication that these changes will be made before the next election in the US.

© Goldilocks
Taiwan News World Scientific Hickman Mills

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Stabilization funds do not necessarily have to revolve around large commodity revenue. Such national funds might instead seek to influence currency exchange rates without affecting domestic money supply. Wikipedia

~~~~~~~~~~

LONDON (Reuters) - A new report has called for a radical global effort this year to help vulnerable countries fend off financial meltdown and climate change, including widespread debt relief and even a China-led version of the Brady Bond plan.

The report by the Boston University Global Development Policy Center warned that 62 developing economies, including most of Africa and Oceania, are already in a full-blown debt crisis or in immediate need of restructurings.

Last year's surge in world interest rates combined with underwhelming post-pandemic economic recoveries and the costs of climate change mean a near record number of countries now spend at least 20% of their government revenues servicing their debt.

That is widely regarded as unsustainable. US News

~~~~~~~~~~

Venezuela: Sanctions Actions and Supporting Democracy - United States Department of State

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One of the most touted benefits of distributed ledger technology (DLT) for securities is atomic settlement. This is the blockchain equivalent of delivery versus payment (DvP) – the securities and cash are exchanged simultaneously, preventing either of the parties from being out of pocket if the other side defaults.

However, it’s also known to impose higher cash or liquidity requirements on the counterparties, eliminating the benefit. A new research paper argues that if settlement is delayed for as little as ten minutes to an hour, with netting it’s possible to achieve most of the benefits of a one or two day settlement window. Ledger Insights

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the Financial Institutions and Monetary Policy Subcommittee, Andy Barr (KY-06), sent letters to Federal Reserve Bank of San Francisco President Mary Daly and Federal Reserve Bank of New York President John Williams regarding their banks’ ongoing relationships with opaque and unaccountable global governance organizations, including the Network for Greening the Financial System (NGFS) and Bank of International Settlements (BIS).

The lawmakers are requesting information related to the Federal Reserve (Fed) regional banks’ past work and written agreements with these organizations, which cede authority over U.S. financial regulation while putting our financial system at a competitive disadvantage. Financial Services

~~~~~~~~~~

Divergence is when the asset price moves in the direction opposite to what a technical indicator indicates. When a stock is diverging, it signals weaker price trends and the beginning of a reversal. The two types of divergence are: Positive: A positive divergence is a sign of higher price movement in the asset. Corporate Finance Institute Zerohedge Twitter
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~~~~~~~~~~

More on this tomorrow. I want to see if more warning signals are flashing in the morning.

~~~~~~~~~~

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DINARRECAPS8 2/5/24 DINARRECAPS8 2/5/24

Goldilocks' Comments and Global Economic News Monday Evening 2-5-24

Good Evening Dinar Recaps,

BAGHDAD, Feb 4 (Reuters) - "Iraq has banned eight local commercial banks from engaging in U.S. dollar transactions, taking action to reduce fraud, money laundering and other illegal uses of U.S. currency days after a visit by a top U.S. Treasury official."

The Iraqi Banks have been banned from accessing the Iraqi Central Bank's daily dollar auction.

The daily dollar auction has become a way of smuggling dollars for Iran, and this is expected to restrain much of those activities.

This is part of the economic and financial reforms Iraq is going through to meet International Banking Standards and achieve International connectivity.

As you can see, Iraq has begun implementing some of their economic reforms as promised. Reuters

© Goldilocks

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Goldilocks' Comments and Global Economic News Monday Evening 2-5-24

Good Evening Dinar Recaps,

~~~~~~~~~~

"A casual search through digests and the reading of case head- notes may leave the searcher with the vague impression that the outbreak of war has some peculiar effect upon contracts, not to be accounted for by any of the well established principles of contract law.

Thus, it is frequently said that war suspends contracts and that the cessation of war revives the same.

On the other hand, it is stated elsewhere in no less positive terms that war dissolves and abrogates all contracts between subjects of belligerent nations.

An attempt will here be made to show that cases arising upon contracts affected by war may in fact be classified by an application of the broad principles of the common law relating to contracts."

We have said in this room a few times before that history has shown us that exchange rates change during wartime or soon after.

Price distortions create contract breaches between nations and even the people within the banking system. These distortions make it difficult for obligations to be met between all parties.

As we continue to involve ourselves in wars, the likelihood of more distortions will create a need to revalue assets and their real values when this is done.

This is a day by day situation, and changes can come at a moment's notice. It is important that we stay alert going forward for these changes. https://www.jstor.org/stable/1111481

© Goldilocks

~~~~~~~~~~

When we begin to move from quantitative tightening to quantitative easing through lower interest rates, this will begin to give room for technological advancement and an increase in gold prices.

This is the move we need to see to increase the value of our new tokenized assets coming onto the market. It will be our signal for increasing the value of our new digital asset based trading system.

Here, lending restrictions will lessen giving way to collateralized lending services whereby an digital asset growth economy will open a path forward into the new economy. Forbes

© Goldilocks
~~~~~~~~~~

As we discussed a few weeks back, Hong Kong was in the process of testing several digital currencies around the world in their sandbox.

A sandbox is a place where assets can be piloted, tested, and see how they will react with each other. We talked about how this would lead to regulation going forward on the stablecoins that were in this sandbox.

Below is an article for your perusal. It states how oversight and regulation is needed for their digital OTC or over the counter assets going forward. This is an indication that they are beginning to move forward with stablecoins that represent a country's currency.

© Goldilocks
The Currency Analytics

ZeroCap

~~~~~~~~

Digital Assets Association Launches: Building a Bridge Between Traditional Finance and RWA Tokenization | Crypto-Reporter

~~~~~~~~~~

While Powell said the Fed tries not to comment on fiscal policy, which is determined by Congress and the White House, he did comment on the debt. "The U.S. federal government's on an unsustainable fiscal path," he said. "And that just means that the debt is growing faster than the economy. So, it is unsustainable." | CBS News

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Feb 4 SDF Protocol20 update: Post 1 of 2
Most of you know by now the P20 vote was delayed until Feb20 due to a "refundable fee bump bug" that was discovered just a few days before the intended public vote. But what yall probably don't know -- and what SDF wont say -- and what all those non-white hat Stellar devs & crypto journalists don't understand -- is the WHY behind the WHY of this delay

Issue:
Wallet sending transaction should get a certain fee refunded when a certain action takes place, but instead of the SENDER getting the refund, the RECEIVER is getting the refund

SDF's Initial Public narrative (to start the discussion):
It's not a big deal, and we don't think it will impact that many, but it could potentially impact everyone, but who knows it probably won't, and even if it does the resulting unintended lack of returned fees are not so significant, it's more of a nuisance than anything, but we don't want negative press because people are soooo complainy these days, so let's delay the vote and make things nice and clean.

Happy happy, no one can blame us for anything!

NON-QSFS Stellar dev discourse on Discord + Articles:
I think we should proceed with the vote, as you said it's not a big deal, so why delay? We will do what we can to mitigate the bug on our end for our app programming too. But the fees are so nominal it just doesn't matter at the end of the day if it's not fixed, but it would be nice if you eventually fixed it. kthxbai

Tomer Weller, KanayeNet, MonsieurNicolas forced to guide the direction:
nonono, I think it could really potentially impact more people than we thought because even wallets that are NOT "OFFICIALLY" supporting Soroban can still be affected 🤣🤣🤣 but really there is no worry if everyone decides to "DO THE RIGHT THING" AND NO ONE DECIDES TO EXPLOIT THIS to INTENTIONALLY DRAIN sender wallets

Justin Rice ninjas his way in:
ok at first I will just present the bug to the community and ask for your opinion while I stay totally neutral on this topic, next I will pretend that your opinions influenced our decision to delay, and finally I will pretend to be shocked the delay really happened since it was a nail-biter (even though I was already busy prepping to group call to discuss this AND writing another SDF blog post officially announcing said delay). oh BTW, thanks for the engagement and for working together to reach this consensus 😊

📱 QSI Channel
📱 Stellar & QFS Training App

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Feb 4 SDF Protocol20 update: Post 2 of 2
Declas:
White Hats in charge behind the scenes carefully guided the convo in this direction using puppets like OrbitLens (remember: WHH March 2023 😂😂😂 relisten to WHH interview #1 @ min 17-19 "we have an informant"💥🔨 -- and undoubtedly more puppets by now too).

This is CRITICAL TO UNDERSTAND FOR PSYOPS BECAUSE THIS SAME STRATEGY IS BEING USED ON THE ENTIRE WORLD VIA MEDIA AND SOCIAL MEDIA.

Recall how white hats now control Mockingbird Media (yes even especially FakeNewsMedia) so they decide which stories break and use it to guide public discourse to slowly awaken people to the past monstrosities and current ridiculousness of how fake everything is for the Awakening process

Now that you understand how hilarious this entire bug delay narrative is, let's go back and re-analyze with a clear mind and break down how the psyops works and what their end goal is:

- Account Abstraction + Targeted Wallets drained of funds = is ______ 🍑🍑🍑🍑🍑🍑🍑🍑🍑
😅 didn't I keep repeating in 2023 that prettier.js is one of my absolute favorite sneaky ninjas in this game?? reread 🍑🍑🍑🍑🍑🍑🍑🍑🍑

📱 QSI Channel
📱 Stellar & QFS Training App

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Thanks for explaining this to us QSI. You are very appreciated. Thanks for all you are doing to move our digital economy forward with love and light.

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FINRA Continues Focus on Crypto Asset Securities | Blockchain Legal Resource

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An ancient trade route whose time has come once more – Aze.Media

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House reps press CFPB to reopen comments on larger participant rule | News | Dodd Frank Update

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Freedom Fighter ©

🇮 IRAQI northern port -Umm Qasr has received the largest & newest ship (MSC Berangere) built in 2023 carrying 2,659 containers has entered Iraq's ports for the first time! https://en.964media.com/11516/
🚢WATCHING THE WATER

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BRICS nations to drag US back into the gold standard? Feat. Ron Branstetter | ZeroHedge

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Germany’s Largest DZ Bank To Pilot Bitcoin Trading After Crypto Custody Services | CoinGape

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STELLAR XLM🚨HUGE DELAY, BUT DON'T WORRY🚨WHY XLM CAN MAKE YOU RICH | https://youtu.be/VxiU2liTbtM?feature=shared

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