Seeds of Wisdom RV and Economic Updates Thursday Afternoon 3-20-25

Good Afternoon Dinar Recaps,

PRESIDENT TRUMP PLEDGES US LEADERSHIP IN CRYPTOCURRENCY AT DIGITAL ASSET SUMMIT

President Donald Trump outlined his administration’s vision for U.S. leadership in cryptocurrency and financial technology during the Digital Asset Summit.

Trump Touts Crypto as Key to U.S. Economic Growth

Addressing the summit’s attendees via video feed, Trump declared his commitment to making America the global center for digital assets. “Together we will make America, the undisputed bitcoin superpower and the crypto capital of the world,” he stated. He also highlighted the recent White House Digital Asset Summit, where top crypto executives met with White House AI and Crypto Czar David Sacks.

Trump announced the creation of a strategic bitcoin reserve and a U.S. digital asset stockpile, a move aimed at maximizing the government’s holdings. “Instead of foolishly selling them for a fraction of their long-term value, which is exactly what Biden did,” he asserted.

The president also vowed to end what he described as the previous administration’s “regulatory war on crypto,” including halting Operation Choke Point 2.0. “It was a form of lawfare through government weaponization. Frankly, it was a disgrace,” he said, pledging that such policies ended on January 20, 2025.

Trump called on Congress to pass legislation establishing clear regulations for stablecoins and market structure, arguing that a strong legal framework would allow institutions to invest and innovate freely. “You will unleash an explosion of economic growth,” he told the audience.

He concluded by reinforcing his belief that crypto will drive financial innovation in the U.S. “It’s going to be right here in the USA, the good old USA,” he said.

@ Newshounds News™

Source:  Bitcoin News

~~~~~~~~~

XRP JUST HIT MAJOR MILESTONE WITH FIRST US REGULATED FUTURES

The first-ever regulated XRP futures in the U.S. are live, delivering compliant, physically settled contracts that enhance market integrity and strengthen price discovery.

Regulated XRP Futures Are LIVE in the US

Bitnomial, a U.S.-based digital asset derivatives exchange, has launched the first-ever U.S. Commodity Futures Trading Commission (CFTC) regulated futures contract for XRP, the company announced on March 20. The announcement states:

"This marks the first-ever CFTC-regulated XRP futures product in the United States, providing traders with a compliant, transparent, and capital-efficient way to gain exposure to XRP".

The newly introduced XRP US Dollar Myra (XRUY) Futures are designed to enhance market integrity by ensuring contracts are physically settled in actual XRP rather than cash. This approach strengthens price discovery by directly linking derivatives trading to the real supply and demand dynamics of XRP.

Along with the product launch, Bitnomial Exchange, LLC voluntarily dismissed its lawsuit against the U.S. Securities and Exchange Commission (SEC), which was initially filed in October 2024. The company shared:

"Bitnomial is also pleased to announce that yesterday, Bitnomial Exchange LLC filed a notice of voluntary dismissal of its case against the U.S. Securities and Exchange Commission (SEC)."

The lawsuit questioned whether Bitnomial’s XRP futures should be classified as security futures contracts. With the SEC’s evolving stance on crypto assets providing greater clarity, Bitnomial decided to withdraw the case, emphasizing the importance of regulatory certainty for fostering innovation in digital asset markets.

Bitnomial has been broadening its range of physically settled futures, now offering contracts on solana, avalanche, chainlink, bitcoin cash, litecoin, ethereum, polkadot, and hedera. The company detailed:

"Bitnomial’s physically settled futures ensure contracts are delivered in actual XRP upon settlement, distinguishing them from cash-settled alternatives that do not have direct interaction with the underlying asset."

“This structure enhances market integrity and strengthens price discovery by tying derivatives trading directly to XRP’s supply and demand dynamics,” the company added.

 CEO Luke Hoersten highlighted the significance of physically settled contracts in reinforcing market transparency, while President Michael Dunn noted that the introduction of XRP futures solidifies Bitnomial’s role as a leader in regulated crypto derivatives trading.

Bitnomial’s announcement of launching the first CFTC-regulated XRP futures contracts came a day after Ripple CEO Brad Garlinghouse revealed that the SEC is dropping its appeal in the company’s long-running lawsuit over XRP.

@ Newshounds News™

Source:  BitcoinNews

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Thursday Morning 3-20-25

Good Morning Dinar Recaps,

DUBAI LAND DEPARTMENT BEGINS REAL ESTATE TOKENIZATION PROJECT

The Dubai government has started the pilot phase of a project that will convert real estate assets into digital tokens on the blockchain.

The Dubai Land Department (DLD), a government entity responsible for registering, organizing and promoting Dubai real estate, announced that it started the pilot phase of its real-estate tokenization project.

The project was launched in collaboration with the Dubai Future Foundation (DFF) and the Virtual Assets Regulatory Authority (VARA), Dubai’s crypto regulator.

The token launch makes the DLD the first real-estate registration entity in the UAE to implement tokenization on property title deeds.

DLD expects the sector to grow $60 billion by 2033

In the announcement, the DLD said the initiative is expected to drive growth in real estate tokenization. The government agency predicts that its market value could reach over $16 billion by 2033. According to the agency, this represents 7% of Dubai’s total real estate transactions.  

DLD Director-General Marwan Ahmed Bin Ghalita said in the announcement that real estate tokenization drives a fundamental change in the sector.

“By converting real estate assets into digital tokens recorded on blockchain technology, tokenization simplifies and enhances buying, selling, and investment processes,” he said.

The official said this aligns with the DLD’s vision to become a global leader in real estate investment and use technology to develop innovative real estate products.

Tokenization to open up Dubai real estate to global investors

Tokinvest co-founder and CEO Scott Thiel said the initiative is a “transformative moment” for the sector. Thiel told Cointelegraph:

“The initiative not only reinforces Dubai’s leadership in blockchain adoption but also paves the way for a more inclusive, liquid, and efficient real estate market.” 

The executive working in a VARA-regulated RWA platform told Cointelegraph that DLD’s new project would open Dubai’s real estate market to a global pool of investors.

“Tokenisation is no longer a concept. It’s a reality that will open up Dubai’s real estate market to a global pool of investors like never before,” Thiel told Cointelegraph.

In a previous interview, Thiel told Cointelegraph that the UAE’s proactive regulations paved the way for the country’s real-world asset (RWA) tokenization boom. The executive said there was a genuine desire from government agencies to develop clear guidelines for the sector.

@ Newshounds News™
Source:  CoinTelegraph

~~~~~~~~~

BRICS: ANALYST REVEALS IF THE US DOLLAR CAN MAINTAIN ITS DOMINANCE

The BRICS alliance is looking to uproot the US dollar from the world’s reserve currency position. The bloc wants to put local currencies in the top slot and reduce dependency on the greenback. The power struggle has ignited fresh debates about the use of the USD among developing nations. Eastern nations want to tilt power from the West and usher into a new financial era.

The move will shake the foundation of the US dollar and weaken its dominant position in the currency markets. Local currencies are getting stronger in 2025 as the USD is down against all leading currencies this year as the DXY index fell to the 103.2 mark.

BRICS: The US Dollar Will Maintain Its Dominance

Ashishkumar Chauhan, the Managing Director of the National Stock Exchange (NSE) spoke about the US dollar’s prospects. He spoke at a Singapore panel on capitalism and technology highlighting the importance of geopolitics and the global stock markets. He also touched on the subject of de-dollarization where BRICS aims to replace the US dollar with local currencies.

Chauhan stressed that BRICS cannot shake the foundation of the US dollar and it will remain the dominant currency. “After World War II, the US meticulously positioned itself to replace the British pound as the global reserve currency. Today, no other country is ready to take on that role,” he argued.

He explained that leading currencies like the euro and the pound are not strong enough to stand the whiplash of the markets. The Chinese yuan and the Japanese yen also fold under pressure and cannot challenge the USD. Therefore, no matter how hard BRICS tries its hand in de-dollarization, the US dollar will remain the dominant currency.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

“Tidbits From TNT” Thursday Morning 3-20-2025

TNT:

Tishwash:  Spanish Fashion Chain to Open First Stores in Iraq

Spanish fashion retail chain Inditex has said it will launch its first stores in Iraq this year.

The announcement in the Group's FY 2024 results is part of a general worldwide expansion.

Inditex did not specify which brands will be introduced to Iraq, but the group includes Zara, Bershka, Massimo Dutti, Oysho, Pull&Bear and Stradivarius.  link

Tishwash:  Oil exports from Kurdistan Region set to resume next week, confirms Iraqi parliament official

Speaking at a press conference, Halbousi highlighted the progress made in recent discussions, emphasizing that key amendments to the budget law and agreements on export routes through the port of Ceyhan are well underway.

In a significant development for Iraq’s energy sector, Haibat Halbousi, chairman of the Iraqi parliament's oil and gas committee, announced on Wednesday that oil exports from the Kurdistan Region will officially resume next week.

Speaking at a press conference, Halbousi highlighted the progress made in recent discussions, emphasizing that key amendments to the budget law and agreements on export routes through the port of Ceyhan are well underway.

“Our meeting focused on amending the budget law and the resumption of oil exports from the Kurdistan Region through the port of Ceyhan. We will meet with the delegation next week,” he stated.

Officials from the Ministry of Oil, the State Organization for Marketing of Oil (SOMO), and the North Oil Company also confirmed the details, signaling a concrete step toward restoring oil exports from the region.

The Iraqi parliament convened on Wednesday to finalize the necessary measures, underscoring a collective commitment to economic stability and strengthening cooperation between the federal government and the Kurdistan Regional Government.

The long-anticipated resumption of oil exports is expected to bring positive economic impacts, reinforcing Iraq’s role as a key player in global energy markets. link

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

Tishwash:  Is the Kurdistan Region turning into a "money exchange" for money smuggled to neighboring countries?

Economic expert Farman Hussein commented on Wednesday (March 19, 2025) on the possibility that the Kurdistan Region could become a "money exchange" for funds smuggled to certain countries, such as Iran, in light of the increasing US economic sanctions on the latter.

"All banks and money transfer companies in the region are currently under the control of the Central Bank of Iraq and linked to the electronic platform, so smuggling from the region is impossible," Hussein told Baghdad Today.

He added, "Kurdistan's banks cannot be a reliable alternative to Iraqi banks, which are subject to US sanctions. These banks are affiliated with political figures and most are dubious and vulnerable to bankruptcy, closure, and sanctions." He emphasized that these banks are not reliable for safekeeping funds.

He pointed out that "smuggling hard currency from the region's banks is difficult, as they, too, are subject to the electronic platform, and money can only be transferred and smuggled to any country through a complex process."

He pointed out that "public money thieves in the region suffer from their inability to transfer funds abroad, forcing them to invest the money in housing projects, commercial buildings, and gas stations instead of depositing it in banks."

The Trump administration has reimposed a "maximum pressure" policy on Iran.  The US government says it "seeks to isolate Iran from the global economy and cut off its oil export revenues in order to slow Tehran's development of a nuclear weapon."

Iraq, in turn, was affected by Washington's decision to refuse to renew the temporary waiver granted to Baghdad to purchase gas and electricity from Iran, amid concerns that the Iraqi banking system could be subject to US sanctions.  link

Mot:  . the Best Part is~~~~

Mot ... Gots a New Car I Dids!!! --- But!! ~~~~

MilitiaMan & Crew-Iraq Dinar News-03/19/2025 SITREP 1.5-Central Bank Enhanced Currency Sterilization-WCO-WTO

MilitiaMan & Crew-Iraq Dinar News-03/19/2025 SITREP 1.5-Central Bank Enhanced Currency Sterilization-WCO-WTO

3-19-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=cokHAAP8pSw

Iraq Economic News and Points to Ponder Wednesday Afternoon 3-19-25

Prime Minister: Iraq Is Witnessing A Comprehensive Development Renaissance.

Buratha News Agency1362025-03-19  Prime Minister Mohammed Shia al-Sudani affirmed on Wednesday that Iraq is witnessing a comprehensive development renaissance, while indicating that 323 power stations are under construction and implementation as part of the campaign to rehabilitate distribution networks and install power stations.

In his speech during the launch of the implementation works of the projects to rehabilitate distribution networks and install power stations via a closed-circuit television, the Prime Minister stated that "the start of work on rehabilitating electricity distribution networks in various governorates comes within the framework of the largest campaign to resolve power grid bottlenecks in preparation for the summer of 2025."

He added that "323 power stations are currently being built and implemented as part of this campaign," noting that "the government is working according to a well-thought-out technical plan, independent of any investment from political or societal entities."

He also explained that "the government has made significant efforts in the energy production sector and is seeking to diversify its sources to ensure the stability of the country's electricity system."

The Prime Minister concluded by stressing that "Iraq is witnessing a comprehensive development renaissance."    https://burathanews.com/arabic/news/457789

The Central Bank Of Iraq Explains The Reasons For The Decline In Its Foreign Reserves During The Third Quarter Of 2024.

Wednesday, March 19, 2025, | Economic Number of reads: 169  Baghdad / NINA / The Central Bank of Iraq announced, on Wednesday, a decline in its foreign exchange reserves during the third quarter of 2024, explaining the reasons that led to this decline.

The bank stated in a report that "Iraq's foreign exchange reserves decreased by 0.52% during the third quarter of 2024, reaching 143.35 trillion dinars, compared to the same period in 2023, when reserves amounted to 144.10 trillion dinars."

The bank attributed this decline to "the Central Bank's resort to withdrawing cash liquidity from the market by strengthening cash sterilization operations, as part of its efforts to maintain monetary stability."

The report added, "As a result of these measures, cash receipts increased from 18.46 trillion dinars to 20.09 trillion dinars during the same period."

It also indicated that "the decline in oil prices from $82.2 to $77.3 during the same period was another factor in the decline in foreign reserves."

The bank explained that "the increase in receipts led to the depletion of a portion of net foreign reserves, and the issued currency increased from 100.06 trillion dinars to 104.13 trillion dinars, as a result of the increase in public spending, which in turn led to an increase in public debt."

The central bank stressed that "despite this decline, it still has large net foreign reserves compared to the money supply, which makes it in a relatively safe position, according to global financial standards that set the minimum at 20%."  https://ninanews.com/Website/News/Details?key=1192853

Telecommunications Announces The Imminent Launch Of An E-Commerce Platform In Iraq.

Local |  03/19/2025  Mawazine News – Baghdad  The Ministry of Communications announced on Wednesday the preparation of the infrastructure and warehouses for the opening of branches of international e-commerce companies in Iraq, while indicating the imminent launch of an e-commerce platform in Iraq.

The Director General of the General Company for Postal and Savings Services at the Ministry of Communications, Zainab Abdul Sahib, said: “Plans have been made for the year 2025, after we have established the basic infrastructure.

Planning began in 2023, starting with this government, towards transforming the postal services into automated services (digital transformation) to keep pace with the development taking place in countries around the world.”

Regarding e-commerce, Abdul Sahib explained that “there is an effort to bring Amazon and Shein to open branches in Iraq, not as agents. The land, infrastructure, and warehouses have been prepared near the airport,” noting that “the effort is to have an e-commerce platform in the near future, which is currently being analyzed and referred.”  https://www.mawazin.net/Details.aspx?jimare=260243

The Prime Minister's Advisor Calls For Encouraging Investments And Improving The Business Environment In Iraq.

Time: 2025/03/19 Read: 1,185 times {Economic: Al Furat News} The Prime Minister's advisor for financial affairs, Mazhar Muhammad Salih, called for focusing on economic development programs and encouraging local and foreign investments by providing tax incentives and improving the business environment.

Saleh also pointed out in a statement to Al Furat News Agency the importance of launching development projects that contribute to creating job opportunities, especially for young people, with the aim of reducing unemployment and poverty.

These projects include the Riyada Project and the Riyada Bank, in addition to activating the activities of the Iraq Development Fund and the Sovereign Guarantees Committee to finance strategic industrial projects.

Saleh emphasized the need to strengthen social protection programs to mitigate the repercussions of economic crises on the poor. These programs are managed with high professionalism, contributing to building buffers that protect the national economy from regional influences and tensions.  LINK

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Wednesday Evening 3-19-25

Good Evening Dinar Recaps,

BITNOMIAL SET TO LAUNCH CFTC-APPROVED XRP FUTURES ON MARCH 20, WITHDRAWS SEC LAWSUIT

The decision comes following the SEC dropping its lawsuit against Ripple on the XRP case.

Bitnomial will launch its CFTC-approved XRP futures contracts on March 20 and drop its lawsuit against the US Securities and Exchange Commission.

The firm said its decision to withdraw its lawsuit was driven by the regulator’s move to abandon legal action against Ripple.

According to the March 19 announcement, the contracts will be physically settled, providing a new regulated trading instrument for institutional and retail investors’ exposure to XRP.

Regulatory improvement

Bitnomial clients will gain access to XRP futures immediately at launch. In contrast, prospective clients can onboard through Futures Commission Merchant (FCM) partners, including R.J. O’Brien and Associates, Marex Capital Markets, and Bitnomial Clearing.

The introduction of these contracts follows the broader trend of increased regulatory clarity in the crypto sector, particularly as legal developments reshape the landscape for digital assets.

One such development was Ripple’s decisive victory against the SEC. The regulator formally dropped its appeal in the long-standing legal battle over XRP’s classification. Ripple CEO Brad Garlinghouse confirmed the resolution on March 19, calling it a significant moment for the industry.

Initiated in December 2020, the case accused Ripple of conducting unregistered securities sales worth $1.3 billion. A key ruling in August 2024 determined that XRP is not a security when traded on public exchanges, although penalties were upheld for institutional sales.

The ruling ordered Ripple to pay $125 million in penalties, significantly lower than the SEC’s original demand of nearly $2 billion.

The regulator and Ripple appealed the decision, with the SEC ultimately deciding to let go of its appeal. However, Ripple’s appeal to avoid the fine and clear XRP’s status as security on institutional sales is still up.

Bitnomial ends lawsuit against SEC

In tandem with the launch of its XRP futures, Bitnomial announced it has voluntarily dropped its lawsuit against the SEC.

The firm had sued the regulator in October 2024 over jurisdictional disputes concerning futures contracts based on XRP’s price.

Bitnomial initially filed for its XRP futures product in August 2024 after the federal ruling that XRP is not a security, challenging the SEC’s stance on overseeing XRP derivatives.

The firm’s decision to dismiss its case is based on the shifting regulatory environment and improving clarity regarding digital asset classification.

@ Newshounds News™

Source:  CryptoSlate

~~~~~~~~~

PRESIDENT TRUMP TO SPEAK AT DIGITAL ASSETS SUMMIT TOMORROW

President Donald Trump will make history as the first sitting U.S. president to speak at a Bitcoin and crypto conference, delivering remarks at Blockworks’ Digital Asset Summit (DAS) in New York City tomorrow.

President Donald Trump is expected to deliver a speech at Blockworks’ Digital Asset Summit (DAS) in New York City on March 20. This will be the first time a sitting U.S. president has addressed a Bitcoin and crypto conference, highlighting the growing influence of digital assets in mainstream financial policy.

Although this marks his first speech as a sitting president at a crypto event, Trump has previously engaged with the Bitcoin community, having spoken at the world’s largest Bitcoin conference in Nashville last summer while on the campaign trail. His return to the stage now as president further highlights the continued support from the U.S. government on Bitcoin.

Trump’s speech at DAS comes only a couple weeks after moving forward with officially integrating Bitcoin into his national strategy, when he signed an executive order establishing the U.S. Strategic Bitcoin Reserve, positioning BTC as a key asset for the country’s financial future.

Joining the lineup tomorrow at DAS is Strategy’s Michael Saylor, who will deliver a keynote speech and engage in a fireside chat with Bitcoin historian Pete Rizzo.

 Additionally, Bloomberg ETF analyst James Seyffart will host a panel discussion with BlackRock’s Head of Digital Assets Robbie Mitchnick and  Nasdaq’s Head of U.S. Equities & Exchange-Traded Products Giang Bui, where they will delve into the evolving landscape of Bitcoin ETFs and institutional adoption.

The announcement of Trump’s participation follows remarks from Bo Hines, Executive Director on Digital Assets for President Trump, who spoke earlier this week at DAS. Hines reaffirmed the administration’s commitment to accumulating Bitcoin for the Strategic Bitcoin Reserve, stating:

“I think it’s high time that our President started accumulating assets for the American people, which is what President Trump is doing rather than taking it away.”

He also emphasized the administration’s approach to acquiring Bitcoin in budget-neutral ways, likening BTC accumulation to gold reserves:

“You know, I’ve been asked all the time, it’s like how much do you want? Well, that’s like asking a country how much gold do you want – as much as we can get."

 Trump’s executive order has already sparked legislative action aiming to build on this momentum. Senator Cynthia Lummis and Congressman Nick Begich have each proposed plans for the U.S. to acquire 1 million BTC over the next five years, ensuring a long-term reserve of the scarce asset.

Earlier today at DAS, House Majority Whip and Congressman Tom Emmer stated that he believes this legislation will be enacted “before this congress is done.”

@ Newshounds News™

Source:  Bitcoin Magazine

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 3-19-25

Good Afternoon Dinar Recaps,

BIG BREAKING: SEC DROPS XRP CASE, RIPPLE CEO CONFIRMS

The SEC drops its lawsuit against Ripple after four years, marking a major legal victory for XRP and the crypto industry.

Ripple CEO Brad Garlinghouse calls the SEC case a "flawed attack on crypto" as regulators retreat from their claims against XRP.

After more than four years of legal battles, the U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Ripple Labs (pending vote of the commission). 

The case, which was filed in December 2020, accused Ripple of conducting an unregistered securities offering by selling XRP.

Ripple’s CEO, Brad Garlinghouse expressed relief and pride as he reflected on the outcome. “It’s over,” Garlinghouse said, explaining how the case marked a pivotal moment in the ongoing struggle for clarity in the cryptocurrency industry. “Looking back on four years ago, it’s clear to me that this case was flawed from the start. It was the first major shot fired in the war against crypto.”

Garlinghouse went on to explain that, while Ripple faced huge challenges, the company always believed it was on the right side of history.

“I knew we weren’t on the wrong side of the law, and I believed we’d ultimately be proven right. Today’s outcome is a victory for innovation and a long-overdue surrender by the SEC under Chairman Gary Gensler.”

This decision is seen as a major win for the cryptocurrency industry, as it represents the first successful fight against the SEC’s broad interpretation of securities laws applied to digital assets. Garlinghouse credited Ripple’s resources, determination, and grit for pushing back against regulatory agencies.

For many in the crypto community, the SEC’s action was seen as an effort to intimidate the industry, using arguments that they claimed were meant to protect investors but ultimately did more harm than good.

As the crypto industry continues to grow, Ripple’s victory signals a turning point in regulatory efforts, reinforcing the need for clearer guidelines that support innovation without stifling progress.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

DUBAI LAUNCHES TOKENIZATION SANDBOX

The Dubai Financial Services Authority (DFSA) has launched a tokenization sandbox and is accepting expressions of interest through to April 24. The DFSA is the regulator for the Dubai International Finance Centre (DIFC).

Applicants could be involved in the issuance, trading, holding, or settlement of tokenized assets. Cryptocurrencies are excluded along with stablecoins. The financial instruments that are tokenized should be similar to conventional securities including equities, bonds, sukuk and collective investment fund units.

As with most sandboxes, the aim is to relax certain regulatory requirements under the supervision of the regulator. Hence, it’s open to companies whether or not they are already DIFC-regulated. If accepted they will be granted a special Innovation Testing License (ITL) that will last from six to twelve months. It appears that the rule relaxations might be assessed on a case-by-case basis. At the end of the ITL period, the entity either will be awarded a full DIFC license or the ITL license will be terminated.

The program supports live market testing and helps firms to clarify the tokenization requirements in the DIFC.

Tokenization rules were introduced in the DIFC in 2021. They support trading by consumers without intermediaries but access must be permissioned, although this doesn’t necessarily rule out the use of a public blockchain.

Tokenization regulations include some additional requirements compared to conventional securities, including informing the DFSA regarding custody arrangements and technology audits.

@ Newshounds News™

Source:  Ledger Insights

~~~~~~~~~

LIVE UPDATES: FED LEAVES INTEREST RATES UNCHANGED, BUT FORECASTS FUTURE CUTS

The Federal Reserve took a wait-and-see approach to an uncertain US economy Wednesday, opting to leave interest rates unchanged at the close of its March meeting.  

That decision leaves the benchmark federal funds rate parked at a range of 4.25% to 4.5%, where it has sat since December. The Fed has now stood on the economy’s sidelines for two consecutive meetings, dating to January, after an unusually busy period of interest rate increases and reductions over the previous three years.

The Fed also kept its forecast for two cuts in 2025.

"We do not need to be in a hurry to adjust our policy stance, and we are well-positioned to wait for greater clarity," said Fed Chair Jerome Powell during a news conference. In Powell's remarks, "clarity," or the lack of it, emerged as a recurring theme.

@ Newshounds News™

Source:  USA Today

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Iraq Economic News and Points to Ponder Wednesday AM 3-19-25

To The Ministerial Council For The Economy
 
Samir Al-Nusairi  Finally, forecasts indicate that the Russian-Ukrainian war is nearing a halt with US intervention.
 
We recall that when the war broke out three years ago, oil prices soared to over $110 a barrel, resulting in a surge in oil revenues for both rentier and oil-producing countries.
 
This included Iraq, given its rentier economy.

Unfortunately, the achieved abundance was not utilized to activate the real economy.
 
Rather, operational allocations in the general budgets increased, and the deficit exceeded 60 trillion dinars.
 
Now, with the inevitable expectation that the war will soon end, oil prices will fall, and it is expected that its average price will reach less than 60 dollars per barrel.
 
And we are still without other significant sources of national income.
 
The Iraqi economy, God forbid, will enter a new economic and financial crisis.
 
We expect the deficit to rise, the inflation rate to rise, and the government will be forced to borrow domestically and abroad.
 
Borrowing from the central bank will be required,
foreign exchange reserves will decline, and
external and domestic debts will rise.
 
Since these expectations could soon be realized, they require swift action.
 
Here, we propose that the Ministerial Council for the Economy hold extraordinary sessions to discuss the expected new crisis and prepare for confrontation in a manner that preserves the path of economic, financial and banking reform and finds solutions and remedies to protect our national economy.
 
views 381     Added 03/17/2025 - 9:55 AM  https://economy-news.net/content.php?id=53476

Parliamentary Finance: The Necessity Of Activating Tax Collection Mechanisms. 

Money and Business  Economy News – Baghdad  The Parliamentary Finance Committee stressed the need to activate tax collection mechanisms, stating that this remains weak despite the multiple financial resources that could support state revenues.
 
It also urged the activation of privatization as a primary option to
 
     boost revenues and
     reduce operational burdens on the government.
 
Committee member Jamal Koujar explained in an interview with the official newspaper, followed by "Al-Eqtisad News," that
 
"tax collection is a basic resource for the state in all countries of the world,
 
but its collection in Iraq remains very weak."

He emphasized "the need to establish a comprehensive government program to ensure full collection of tax collection, and to search for new alternatives away from old mechanisms."
 
Koger pointed out that there are several issues that must be considered in this context.
 
First, a clear government program must be put in place to fully collect taxes.
 
Second, alternatives to traditional mechanisms must be sought.
 
Third, incentives must be provided to those who collect taxes, as well as those who pay them.
 
Finally, privatization represents the optimal solution to fully collect taxes.
 
Koger added that privatization will help the government in two key areas:
 
     first, reducing the burdens associated with hiring, and
     second, reducing operating expenses.
 
He emphasized that these mechanisms, if implemented in practice, could yield significant positive returns.
 
The member of parliament pointed out that the expected revenues from these reforms will depend on the mechanism implemented by the government.
 
If it opts for privatization, this will boost state revenues and reduce its financial burdens.
 
views 66     Added 03/18/2025 - 8:54 AM  https://economy-news.net/content.php?id=53522

Kazan Forum: A New Mechanism To Attract Investments From Islamic Countries And Iraq
 
Economy    WAA  The Russian market has become more open to halal investments.
 
Since 2023, regions in the Russian Federation have witnessed a successful experiment in partnership financing, leading to the development of a new mechanism to attract investments from Islamic countries.
 

Now, plans are underway to expand this experiment and extend it until the fall of 2028.
 
The Russian Parliament announced plans to extend the experiment for an additional three years, expanding the list of Sharia-compliant financial transactions, including mutual property insurance.
 
These amendments are expected to enhance the attractiveness of Islamic finance, attracting investors from OIC countries, including Iraq.
 
Statistics indicate that the volume of Islamic banking transactions will double by 2024 in the Republic of Tatarstan, one of four Russian regions implementing the experiment.
 
According to Taliya Minullina, head of the Tatarstan Investment Development Agency, the experiment could become permanent.
 
Investments through Islamic finance in Russian projects are estimated at more than $10 billion, and experts expect this figure to grow tenfold in the next two years.
 
Mignolina also emphasized that the formation of an Islamic financial market in Russia will boost investment and create a more stable environment.
 
To ensure the success of this initiative, Islamic finance specialists are being trained in cooperation with AAOIFI, the Bahrain-based organization responsible for Islamic financial accounting standards.
 
Work is also underway to launch a Sharia-compliant halal investment platform, in partnership with two Arab institutions, to finance startups in Russia and the Commonwealth of Independent States (CIS).
 
The platform is scheduled to launch in May 2025.
 
With the growth of Islamic finance, trade between Russia and the Islamic world has witnessed a significant increase, reaching $106 billion during the first nine months of 2024, of which $5.9 billion was for Tatarstan alone, marking a 40% increase compared to the previous year.
 
According to Abdullah Platik, Secretary General of the General Council for Islamic Banks, recent years have witnessed a growth in the number of transactions between Russia and OIC countries, which enhances opportunities for future cooperation.
 
Further development of Islamic finance in the Russian Federation in the near future may raise economic relations with countries of the Global South to a new level.   https://www.ina.iq/230205--2025-.html   

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Wednesday Morning 3-19-25

Good Morning Dinar Recaps,

FOMC MEETING TODAY: WILL POWELL’S SPEECH TRIGGER A CRYPTO RALLY OR SELL-OFF?

Bitcoin dropped below $83,000 early Wednesday, while Ethereum, Solana, and XRP saw slight ups and downs. The Market Fear & Greed Index hit 23, showing traders are feeling cautious as the market stays uncertain.

The current situation is keeping the crypto market on edge as the Federal Open Market Committee (FOMC) meeting nears its conclusion today. Investors are closely watching the Federal Reserve’s decision on interest rates, as any shift in policy could send ripples through the market. While most analysts expect rates to remain between 4.25% and 4.5%, the Fed’s outlook for future cuts is the real wildcard.

No Rate Cuts Yet, But Hints Matter

Fed Chair Jerome Powell has repeatedly stressed caution, pointing to inflation and economic uncertainty as reasons to hold rates steady. Current expectations suggest that meaningful rate cuts might not come until mid-2025. However, Powell’s post-meeting statements could shape investor sentiment. If he hints at easing sooner than expected, risk assets like Bitcoin and altcoins could see a surge. On the other hand, a continued hawkish stance may add selling pressure to the market.

However, as per QCP Capital’s latest report, they don’t expect a surprise rate cut from the Fed but warn that any dovish hint from Powell could drive markets higher. Investors are shifting money away from Bitcoin and NASDAQ stocks and into European and Chinese markets, signaling a possible change in capital flows. The market’s reaction after the FOMC meeting could determine the next big move for risk assets.

Bitcoin in a Tight Spot

Bitcoin has been fluctuating around $85K, with traders preparing for potential turbulence. Higher interest rates generally favor traditional investments like bonds and savings accounts, pulling capital away from speculative assets such as crypto. If the Fed sticks to its high-rate policy, liquidity may tighten further, which could lead to a market downturn.

Can Altcoins Benefit from Rate Cut Signals?

Despite concerns, a shift in Fed policy could spark optimism. The U.S. Consumer Price Index (CPI) has declined from 3.1% to 2.8%, indicating some progress on inflation. If Powell acknowledges this trend and suggests that rate cuts are coming soon, risk appetite could increase, benefiting altcoins in particular.

The next 24 hours are crucial. If the Fed doubles down on its hawkish stance, crypto markets may face further losses. However, if there’s a signal of rate cuts in the near future, the market could rally. Investors are watching Powell’s every word, as his tone will dictate the next big move in crypto.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

BRICS: NEW COUNTRY PLANS TO REDUCE 25% OF TRADE WITHOUT US DOLLAR

The number of countries apart from BRICS that are planning to ditch the US dollar for trade and commerce is increasing alarmingly. Developing countries worldwide are looking to use local currencies and sideline the greenback for cross-border transactions. This adds pressure on the USD as it could lose out on the supply and demand mechanism in the currency markets.

If more nations end reliance on the currency, the cost of daily essentials could skyrocket in the homeland. The USD stands at the crosshairs of a global change that could dim its lights and send it towards the path of decline.

BRICS: Venezuela Says 25% of Trade Can Be Conducted Without the US Dollar

Venezuelan Foreign Minister Yvan Gil said that 25% of trade can be conducted without depending on the US dollar. He cited that local currencies can be used for trade among like-minded nations to boost their overall economies. He spoke highly of the BRICS alliance saying that the bloc ushered the world into a new financial era

“At least 25% of global trade operations can be conducted without being tied to the dollar which will be a significant step towards greater financial independence of countries subject to sanctions,” said Gil. He noted that the development became possible with BRICS as the rise of a multi-polar world brought changes in trade settlements.

However, despite attempts to join BRICS, Venezuela was denied entry into the bloc. The upcoming summit in July could decide its fate as Brazil chairs the discussions.

In conclusion, one thing is clear, BRICS is providing confidence to developing countries to ditch the US dollar. Emerging economies find the de-dollarization ideals daring and lucrative that can change the global financial order.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

“Tidbits From TNT” Wednesday Morning 3-19-2025

TNT:

Tishwash:  The Central Bank of Iraq lists the reasons for the decline in foreign exchange reserves.

The Central Bank of Iraq announced on Wednesday a decline in its foreign exchange reserves during the third quarter of 2024, explaining the reasons behind this decline.

The bank stated in a report seen by Shafaq News Agency that "Iraq's foreign currency reserves decreased by 0.52% during the third quarter of 2024, reaching 143.35 trillion dinars, compared to the same period in 2023, when reserves reached 144.10 trillion dinars."

The bank attributed this decline to "the Central Bank's resort to withdrawing cash liquidity from the market through enhanced cash sterilization operations, as part of its efforts to maintain monetary stability."

The report added, "As a result of these measures, cash receipts increased from 18.46 trillion dinars to 20.09 trillion dinars during the same period." 

He also pointed out that "the decline in oil prices from $82.2 to $77.3 during the same period was another factor in the decline in foreign reserves."

The bank explained that "the increase in receipts led to the depletion of a portion of net foreign reserves, and the issued currency increased from 100.06 trillion dinars to 104.13 trillion dinars, as a result of the increase in public spending, which in turn led to an increase in public debt."

The Central Bank emphasized that "despite this decline, it still possesses large net foreign reserves relative to the money supply, which makes it relatively secure, according to international financial standards that set a minimum of 20%."

It is worth noting that the internal monetary sterilization policy involves the central bank selling or buying financial assets in foreign currency with the aim of avoiding impacting the monetary base and limiting the effects of inflation resulting from cash flows.  link

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

Tishwash:  With the participation of the Minister of Finance, the meetings of the International Debt Management Conference resume in Geneva

The 14th session of the International Debt Management Conference, organized by the United Nations Conference on Trade and Development (UNCTAD), resumed in Geneva from March 17 to 19, 2025, with the participation of Finance Minister Taif Sami.

The meetings covered several important topics, most notably "Governance, Accountability, and Transparency in a World of Financial Constraints," "The Relationship between Debt and Climate: Innovative Debt Tools for Managing Financial Risks,"

"Enhancing Debt Transparency: Rethinking Reporting and Ensuring Standards," and "Strategies for Managing Institutional Challenges to Establish a Sustainable Debt Management Office."  link

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

Tishwash:  What are the reasons for the increasing presence of Egyptian companies in Iraq?... Clarification from Al-Sudani's advisor

 On Tuesday, the Prime Minister's economic advisor, Mazhar Mohammed Salih, commented on the reasons for the recent increase in the presence of Egyptian companies in Iraq, stressing that the reason is due to the economic reforms and stability the country is witnessing.

Saleh said, "The capital wealth of countries is measured by several indicators, including the extent of physical capital accumulation, particularly in the construction sector." He noted that "Egypt is a leading country in this field, with its construction companies achieving significant success in development projects within Egypt, which has prompted them to expand their activities regionally."

He added, "The services program adopted by the Sudanese government as part of comprehensive economic reforms has contributed to creating an attractive investment environment for foreign companies, encouraging Egyptian companies to enter the Iraqi market strongly and contribute to development and reconstruction projects."

The economic advisor explained that "the political and economic stability in Iraq has boosted the confidence of foreign and Arab investors, including Egyptian companies, who have found promising opportunities to contribute to the implementation of major projects." He noted that "the strong historical relations between Iraq and Egypt have played a significant role in strengthening economic cooperation between the two countries."

Saleh pointed out that "the services government, headed by Al-Sudani, has placed economic facilitation and reforms at the top of its priorities, which has contributed to creating the appropriate environment for Egyptian companies to enter the Iraqi market and participate effectively in reconstruction and development projects."

On January 30, 2025, Iraqi Prime Minister Mohammed Shia Al-Sudani and his Egyptian counterpart, Mostafa Madbouly, sponsored the signing ceremony of a number of memoranda of understanding between the two countries.

The bilateral memoranda between Iraq and Egypt included 12 paragraphs, the most prominent of which were related to trade, transportation, issues related to culture and antiquities, and other details  link

Mot .............. Moving On!!! 

Mot: Yeppers!!! -- the Time has Come!!! 

MilitiaMan & Crew-Iraq Dinar News-ASYCUDA System-Single Window-WTO-Digital Dinar-Global Financial Transformations

MilitiaMan & Crew-Iraq Dinar News-ASYCUDA System-Single Window-WTO-Digital Dinar-Global Financial Transformations

3-18-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

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