Seeds of Wisdom RV and Economic Updates Saturday Morning 6-21-25

Good Morning Dinar Recaps,

Ripple Unveils Urgent 4-Point Plan to Ignite UK Crypto Revolution

Ripple has issued a powerful call to action aimed at positioning the United Kingdom as a global leader in crypto innovation, unveiling a four-point regulatory strategy designed to unlock investment, expand financial access, and accelerate blockchain-driven modernization.

New Recommendations Set Stage for UK’s Explosive Crypto Power Shift

On June 18, Ripple convened key stakeholders at the London Policy Summit, co-hosted with the UK Centre for Blockchain Technology and Innovate Finance, to assess the UK’s fast-evolving digital asset policy landscape.

The summit spotlighted recent UK government initiatives, including:

• Chancellor Rachel Reeves’ April address supporting digital finance.

• HM Treasury’s draft legislation on crypto-assets.

• FCA consultations covering stablecoins, custody rules, and prudential oversight.

• Launch of the Digital Securities Sandbox and pilot for a digital UK government bond (DIGIT).

Ripple used the summit to deliver a sharp message: Now is the time to act—boldly and fast.

Ripple’s 4-Point Plan for UK Crypto Leadership

In a whitepaper released after the summit, Ripple laid out four key regulatory priorities critical to the UK’s ascent in the digital economy:

1. Accelerate Regulatory Framework Finalization

“The government and regulators must act at pace to develop a crypto-asset regulatory framework that drives investment and growth.”
Ripple emphasized that early movers in crypto regulation will reap long-term rewards in global competitiveness and capital inflows.

2. Ensure Global Standards Alignment

Ripple urged the UK to harmonize its rules with international frameworks, helping firms avoid conflicting obligations and maintain global interoperability.

3. Advance Stablecoin Regulation

Ripple pushed for the swift regulation of stablecoins, including legal pathways to allow overseas-issued stablecoins to circulate in the UK without local issuance requirements—a move that would increase liquidity and stimulate market innovation.

4. Remove Legal, Regulatory, and Tax Barriers

To solidify leadership in tokenization, Ripple proposed an integrated approach to overcome legacy barriers that hinder the tokenization of traditional assets like bonds and equities.

“The opportunity for the UK is huge. If the regulatory framework is designed correctly, it can facilitate innovation, enhance financial inclusion, and solidify the UK’s position as a competitive global financial centre.”
— Ripple

A Strategic Moment for UK Finance

Ripple underscored the transformative role of blockchain in modernizing payments, increasing transparency, and broadening access to financial services. With over 90% of major financial institutions engaged in crypto by 2024, the stakes for leadership are rising fast.

Summit participants echoed a growing consensus:

Rapid regulatory clarity is no longer optional—it’s essential to unlocking crypto’s full potential and ensuring the UK remains at the forefront of global finance.

@ Newshounds News™
Source: Bitcoin.com

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South Korea’s Central Bank Open to Stablecoin Amid Cautious Forex Outlook

South Korea may soon join the growing list of nations backing fiat-pegged stablecoins. The Governor of the Bank of Korea signaled openness to the issuance of a won-based stablecoin, though he voiced concerns over its foreign exchange impact, particularly in relation to dollar-backed tokens.

Cautious Approval from the Central Bank

At a press conference covered by Reuters, Bank of Korea Governor Rhee Chang-yong stated that while he does not oppose the creation of a won-pegged stablecoin, there are critical risks tied to its adoption:

“Issuing won-based stablecoin could make it easier to exchange them with dollar stablecoin rather than working to reduce use of dollar stablecoin.”

Rhee warned this could inadvertently increase demand for dollar stablecoins and complicate forex management, undermining efforts to strengthen South Korea’s own currency reserves and monetary autonomy.

Shrinking Forex Reserves Add Pressure

The concern comes amid declining national reserves.

• At the end of December 2024, South Korea held $415.6 billion in forex reserves.

• By May 2025, that figure dropped to $404.6 billion—a $11 billion decrease in just six months.

This underscores the urgency in crafting a stablecoin policy that enhances domestic financial resilience without unintentionally driving capital back into U.S.-dollar-based instruments.

Democratic Party Pushes Pro-Stablecoin Legislation

Newly elected President Lee Jae-myung is advancing crypto reform as part of his campaign promises. On June 10, his Democratic Party introduced the Digital Asset Basic Act, a legislative proposal that would:

• Allow companies with at least $368,000 in equity capital to issue stablecoins.

• Require issuers to maintain sufficient reserves for redemptions.

• Mandate approval from the Financial Services Commission (FSC) prior to issuance.

This move aims to foster innovation, reduce U.S. dollar reliance, and offer a regulatory pathway for local stablecoin ecosystems to thrive.

Regulators Scrutinize Exchanges and Fees

South Korea’s FSC is currently probing local exchanges over the transaction fees they charge, aligning with President Lee’s pledge to lower trading costs for retail investors, especially younger users.

The regulatory scrutiny marks a shift toward a more competitive and transparent crypto exchange landscape, which could boost local investor confidence.

The Global Stablecoin Landscape Is Evolving

While U.S. dollar-backed stablecoins still dominate, with Tether (USDT) and Circle’s USDC leading at $156 billion and $61 billion respectively, non-USD options are starting to gain traction.

Circle’s euro-pegged EURC saw a 156% market cap increase since the start of 2025, now totaling $203 million. Momentum grew further after U.S. lawmakers backed the GENIUS Act, a key stablecoin regulatory bill, sending Circle’s stock sharply higher.

South Korea Eyes Its Own Path

As global stablecoin competition intensifies, South Korea’s measured but open stance on a won-based stablecoin could position the nation as a regional leader in digital finance, provided it carefully balances innovation with macroeconomic stability.

The next steps will likely involve regulatory fine-tuning, market feedback, and possible pilot programs to test the feasibility of stablecoin circulation under central bank oversight.

@ Newshounds News™
Source: Cointelegraph

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Crypto ETF Approval Odds Surge to “90% or Higher,” Say Bloomberg Analysts

The approval of a broad array of U.S. crypto exchange-traded funds (ETFs) is now considered “almost certain,” according to top Bloomberg analysts. In a major shift in regulatory tone, the Securities and Exchange Commission (SEC) appears increasingly willing to approve spot ETFs for altcoins like XRP, Solana, Dogecoin, and Cardano, signaling expanding institutional access to digital assets.

Bloomberg: ETF Approval Odds at 90% or Higher

Analysts James Seyffart and Eric Balchunas raised their estimated approval odds to “90% or higher” on Friday, citing “very positive” engagement from the SEC in recent weeks.

“The tone and feedback from the SEC has shifted meaningfully,”
Seyffart said in a post on social media, emphasizing that this new posture marks a clear pro-crypto pivot at the regulatory agency.

One key reason for the rising optimism: The SEC appears to categorize many major cryptocurrencies — including XRP, Solana (SOL), Litecoin (LTC), Dogecoin (DOGE), and Cardano (ADA) — as commodities, not securities. This classification would place them largely outside of the SEC’s strictest enforcement scope, removing one of the biggest regulatory roadblocks.

Timeline Unclear, But Momentum Is Building

While approvals now seem likely, Seyffart cautioned that actual product launches may still take several months, potentially extending past October. The agency must still finalize reviews and respond to public comments on a number of ETF proposals — including XRP and SOL ETF filings by Franklin Templeton.

Bitcoin ETF Success Fuels Altcoin Hopes

The surge in altcoin ETF interest follows the historic success of spot Bitcoin ETFs, which have shattered records. BlackRock’s iShares Bitcoin Trust (IBIT) recently surpassed $70 billion in assets after just 341 days — making it the most successful ETF launch in U.S. history.

“There’s an arms race to replicate the Bitcoin ETF’s success,”
said Balchunas, pointing to strong demand for crypto exposure among institutional and retail investors alike.

However, not all crypto ETFs have performed equally. Ether ETFs, launched in July, have seen mixed reception, with Glassnode reporting in May that average ETH ETF investors were still “substantially underwater.”

Altcoins Rising, But Bitcoin Remains Dominant

While interest in altcoin ETFs is surging, analysts don’t expect any product to eclipse Bitcoin’s dominance in the near term. Still, the entry of top-tier asset managers like Franklin Templeton and the SEC’s willingness to open comment periods marks a turning point in mainstream crypto adoption.

With market watchers tracking every signal from Washington, these ETF developments could define the next chapter of crypto-finance integration in the United States.

@ Newshounds News™
Source: Cointelegraph   

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MilitiaMan & Crew: The IQD Update-Reality of the Federal Court-A Red Line-Salaries-Budget Tables for 2025

MilitiaMan & Crew:  The IQD Update-Reality of the Federal Court-A Red Line-Salaries-Budget Tables for 2025

6-20-2025

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=Z7GdxjstKUI

90% Market Crash Coming - What to Do Before & After It Hits

Harry Dent: 90% Market Crash Coming - What to Do Before & After It Hits

Wealthion:  6-18-2025

Economist and author Harry Dent delivers his most urgent warning yet: the U.S. economy is heading into the biggest crash in modern history, and the fallout will be far worse than 2008.

In this explosive interview with Maggie Lake, Dent explains why the bubble is already bursting, how stocks could fall up to 90%, and why real estate is ground zero for the coming collapse. In this hard-hitting interview:

Why $27 trillion in stimulus distorted the economy

How zombie companies and malinvestment are dragging us down

What the Fed and Politicians still don’t understand about recessions

Why Millennials will be the biggest winners of the crash

The only true safe haven (hint: it’s not gold or Bitcoin)

And when Dent believes the crash will begin, and end

Chapters:

1:00 - Harry Dent’s Bold Prediction: The Greatest Crash in History

 6:44 - The Walking Dead Economy: Malinvestment & Zombie Companies

10:09 - Has the Fed Already Lost Control?

13:32 - What Will Finally Trigger the Collapse?

17:07 - Real Estate Is Ground Zero for the Coming Crash

20:13 - How to Survive the Crash: Dent’s Safe Haven Picks

25:21 - Is Bitcoin the Big Winner After the Dust Settles?

27:48 - Are We Heading Into a 1930s-Style Depression?

30:22 - Will the Government Make It Even Worse?

 32:29 - Is the U.S. Still the Safe Haven Everyone Thinks?

35:34 - AI vs Demographics: What Really Drives the Next Boom?

 39:19 - Timing the Collapse: Dent’s 2025-28 Roadmap

https://www.youtube.com/watch?v=ADs3ddDv7BQ

This is How Fiat Currencies End and What will Replace it

This is How Fiat Currencies End and What will Replace it

VRIC Media:   6-19-2025

The global economic landscape feels increasingly precarious, riddled with uncertainty and simmering anxieties. In a recent interview with VRIC Media, Jay Martin sat down with market expert Matthew Piepenburg to dissect the forces driving this instability, offering insights into potential strategies for navigating the turbulence.

Their conversation paints a compelling picture of a world grappling with unprecedented debt, rising inflation, eroding trust, and shifting geopolitical alliances.

One of the central themes explored was the crippling effect of global debt. Piepenburg argues that runaway debt fuels populist movements, as citizens become increasingly disillusioned with governments seemingly unable to manage finances effectively.

This economic stress, in turn, breeds civil unrest, as individuals grapple with rising costs and a perceived lack of opportunities. The interview raises a crucial question: Can the world still choose cooperation over conflict in the face of such widespread economic pressure?

Martin and Piepenburg delve into the idea that perhaps the system itself is fundamentally flawed. Was there ever real hope for reform, or are we simply witnessing the inevitable consequences of decades of unsustainable practices? This critical examination leads to a discussion on the players best positioned to navigate this complex environment.

The interview highlights China’s strategic approach to global power. By playing the long game, focusing on economic development and infrastructure investment, China has positioned itself as a significant player on the world stage.

This rise prompts the question: Can the West still lead through alliances? Can existing partnerships, like the one with Saudi Arabia, provide crucial resources, such as rare earth minerals, to bolster Western economies? The potential for rebuilding U.S. industry from scratch is also considered, questioning whether such a feat is feasible in the current globalized context.

Amidst this backdrop of economic and geopolitical uncertainty, the conversation turns to the quiet but significant accumulation of gold by central banks. Piepenburg suggests this stockpiling is not accidental. In a world where faith in fiat currencies is dwindling, and inflation continues to erode purchasing power, gold represents a tangible and historically reliable store of value.

Ultimately, the interview focuses on practical advice for investors navigating this uncertain world. Piepenburg emphasizes the importance of understanding risk, recognizing the power of currency fluctuations, and appreciating the evolving nature of sovereignty. He suggests that diversification and hedging strategies, including exploring alternative assets like gold, are crucial for protecting wealth in an era of unprecedented economic volatility.

The discussion between Jay Martin and Matthew Piepenburg provides a sobering yet insightful analysis of the current global landscape. It highlights the interconnectedness of debt, geopolitics, and individual financial well-being. By understanding the forces at play, and considering strategies for hedging against uncertainty, investors can better prepare for the challenges and opportunities that lie ahead.

For a more in-depth understanding of these critical issues, be sure to watch the full video interview from VRIC Media.

https://youtu.be/3XJJgn4v3yQ

Seeds of Wisdom RV and Economic Updates Friday Afternoon 6-20-25

Good Afternoon Dinar Recaps,

BRICS vs NATO: Who Holds More Power in 2025—Military, Economic, and Strategic Influence Compared

The BRICS vs NATO rivalry has become the defining geopolitical fault line of 2025. While NATO leads in global military coordination, BRICS commands accelerating economic momentum and demographic dominance—reshaping the global power structure into an increasingly multipolar world.

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Military Power: NATO Dominates in Coordination and Budget, BRICS in Nuclear Arsenal

Defense Spending and Strategic Alignment
NATO commands unmatched military spending, led by the U.S., which contributed $877 billion to NATO’s total $1.3 trillion defense budget in 2024—over half of global military expenditures.

By contrast, BRICS nations collectively spent around $350 billion, with China contributing $225 billion and India significantly investing in regional and technological defense initiatives.

However, BRICS lacks unified military coordination, unlike NATO's Article 5 collective defense framework, which tightly integrates its 32 member states under a single strategic command.

Nuclear Capabilities
NATO maintains around 5,500 nuclear warheads, but BRICS—largely due to Russia—surpasses that with 6,360 warheads. While NATO leads in advanced military infrastructure, BRICS holds a quantitative edge in nuclear firepower, underscoring a more fragmented yet potent deterrence force.

Economic Power: BRICS Surpasses NATO in GDP and Trade Growth

GDP and Growth Trajectory
BRICS has surged ahead with a combined GDP of over $60 trillion in 2024, outpacing NATO’s $40 trillion. China ($18 trillion) and newcomers like Saudi Arabia and the UAE have significantly boosted the bloc’s global economic weight.

Growth rates underscore this shift:

• BRICS: 4%+ annual GDP growth

• NATO: 1–2.5% growth

Trade and Currency De-Dollarization
BRICS now accounts for 25% of global exports, driven by rising intra-bloc trade and new trade initiatives using local currencies—notably the Chinese Yuan and Indian Rupee—which challenge the US dollar’s global dominance.

Population and Global Influence: BRICS Leverages Demographics, NATO Holds Institutional Power

Demographics
BRICS nations represent 3.5 billion people, nearly 45% of the world’s population, compared to NATO’s 950 million. This massive demographic advantage drives consumer markets and economic scale, especially through India’s growing population and urbanization.

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Institutional Control vs. Multipolar Reforms
NATO members retain disproportionate sway over global institutions such as:

• UN Security Council (permanent seats)

• IMF (voting power)

• World Bank (leadership roles)

However, BRICS is building alternative institutions like the New Development Bank (NDB) to challenge Western-led governance and promote multipolar frameworks, particularly in the Global South.

Future Trajectory: Two Pillars of Global Power

The NATO vs BRICS rivalry highlights two divergent yet increasingly complementary power centers:

• NATO continues to lead in military strength, technology, and alliance integration, shaping global security architecture.

• BRICS, propelled by economic momentum, population size, and alternative financial systems, is redefining global economic leadership.

Both blocs now represent dual axes of power—military and economic—that are not merely competitive, but also structurally embedded in the emerging multipolar order.

@ Newshounds News™
Source: Watcher.Guru

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Iraq Economic News and Points To Ponder Late Thursday Evening 6-19-25

The National Investment Commission Grants (4) Investment Licenses For Strategic Projects In The Renewable Energy Sector In Baghdad And A Number Of Governorates.

Thursday, June 19, 2025, | Economic Number of reads: 234   Baghdad / NINA / The National Investment Commission granted (4) investment licenses for strategic projects in the renewable energy sector in Baghdad and a number of governorates during this year.

The Chairman of the National Investment Commission, Haider Mohammed Makiya, said in a statement: "The Commission granted an investment license to the French company Total to establish a solar power generation station with a capacity of (1000) megawatts in Basra Governorate, while the second license was granted to the Chinese company Shanghai to establish a waste-to-energy plant using high-efficiency incineration technology in Baghdad Governorate.

He explained that the third license was awarded to the Karbala Solar Energy Company to establish a solar power generation station with a capacity of (300) megawatts in Karbala Governorate, while the fourth license was awarded to the Babylon Solar Energy Limited Company to establish the Alexandria Power Plant project in Babylon Governorate for solar energy with a capacity of (225) megawatts." /End https://ninanews.com/Website/News/Details?key=1235295

Basra Oil Prices Rise By More Than 3%

Economy | 09:33 - 06/19/2025  Mawazine News - Baghdad -  Basra Heavy and Medium crude oil prices rose on Thursday, despite a decline in global crude prices.  Basra Heavy crude prices rose $2.29, or 3.30%, to reach $71.72, while Medium crude prices rose $2.29, or 3.16%, to reach $74.67.

Globally, oil prices fell as investors hesitated to take new positions after US President Donald Trump gave mixed signals about potential US involvement in the current conflict between Israel and Iran.
Brent crude prices reached $76.49, while US crude prices reached $75.09.
https://www.mawazin.net/Details.aspx?jimare=262775

A Slight Rise In The Dollar Exchange Rate In Baghdad. 

Economy | 06:00 - 06/19/2025  Mawazine News - Baghdad -  The dollar exchange rate witnessed a slight increase against the dinar in local markets on Thursday.

The dollar price rose on the Al-Kifah and Al-Harithiya stock exchanges to 143,850 Iraqi dinars for every $100, while it recorded 143,550 dinars for every $100 yesterday morning, Wednesday.

As for the selling prices in exchange shops in local markets in Baghdad, they rose, as the selling price reached 144,750 Iraqi dinars for every $100, and the buying price reached 142,750 dinars for every $100.   https://www.mawazin.net/Details.aspx?jimare=262795

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

Seeds of Wisdom RV and Economic Updates Friday Morning 6-20-25

Good Morning Dinar Recaps,

Death, Divorce, and Lost Keys: The Unspoken Crisis in Tokenized Property Succession

As tokenization reshapes real estate ownership around the world, a fundamental legal and technical issue is emerging that could undermine this revolution: inheritance.

The Hidden Threat to Blockchain Real Estate: Succession

Blockchain’s promise of democratized access to real-world assets (RWAs) is being widely embraced, with forecasts projecting $4 trillion in tokenized real estate by 2035. Yet this expansion is quietly jeopardized by an overlooked question:

What happens to tokenized assets when the owner dies?

From crypto-backed home loans to multi-billion-dollar tokenization deals, real estate on-chain is no longer speculative — it’s operational. Dubai’s first tokenized real estate launch in the MENA region and other global milestones signal the sector’s momentum. But amid the hype, succession protocols are missing, exposing a foundational vulnerability.

Current Gaps and Consequences

Inheritance is a cornerstone of traditional property law — but this logic hasn’t been translated to blockchain.

Today, if a keyholder dies without planning, heirs may face:

• Complete loss of assets due to lost or inaccessible private keys

• Jurisdictional ambiguities that prolong or block transfer of ownership

• Manual and insecure workarounds that undermine decentralization

Cold wallets and handwritten key storage are often promoted as solutions, but these approaches don’t scale, and offer no guarantees in edge cases like accidents, divorce, or disputes.

Why a Native Inheritance Layer Is Critical

The absence of standardized, legally recognized and blockchain-native inheritance tools presents a fast-growing risk.

While regulatory frameworks like the EU’s MiCA focus on investor protections and compliance, succession planning remains largely ignored. Without it, high-value tokenized properties are left in limbo — or lost altogether — upon the death or incapacitation of the owner.

Possible Solutions: A Blueprint for Decentralized Succession

To protect generational wealth on-chain, developers and regulators must prioritize native inheritance mechanisms. One proposal is a Decentralized Data Survivability Protocol (DeDasP) — a layered infrastructure using:

• Smart contracts to trigger asset transfer based on predefined conditions

• Sharded private keys distributed as NFTs to multiple heirs, unlockable via multisig logic

• Biometric authentication to secure heir access and prevent loss due to forgotten credentials

Such a system would bring clarity, automation, and resilience to succession planning — aligning with Web3’s values of permanence and decentralization.

Beyond Technology: Legal and Social Implications

Inheritance is not just a technical problem. It’s a legal and moral necessity in the transfer of wealth. Without a secure way to pass down digital real estate, the promise of accessible, inclusive property investment risks collapse.

"People shouldn’t lose their tokenized property because of poor planning, legal gray areas or forgotten passwords."

Tokenized property must not only be accessible — it must be inheritable.

Looking Ahead: A Generational Imperative

As the tokenization of real estate accelerates, the infrastructure for asset succession must evolve in parallel. The next frontier is not just who can buy tokenized assets — it’s who can inherit them.

By embracing emerging tools like biometrics, NFTs, smart contracts, and decentralized key management, the blockchain industry can build robust, automated systems to ensure digital assets survive their owners — and serve generations to come.

@ Newshounds News™
Source: Cointelegraph   

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Arizona Senate Revives Bill to Create Reserve Fund from Seized Crypto

In a renewed legislative push, Arizona’s Senate has revived House Bill 2324 (HB 2324), a proposal to establish a state-managed reserve fund for seized cryptocurrency assets. After initially failing in the House last month, the bill passed the Senate on Thursday by a narrow 16–14 margin, signaling renewed momentum in the state’s efforts to regulate and harness crypto-derived funds.

Key Highlights:

▪️ HB 2324 passed the Senate 16–14, moving the bill back to the House for further review.
▪️ The bill seeks to create a state-run Bitcoin and Digital Assets Reserve Fund using crypto seized via criminal asset forfeiture.
▪️ The proposal had previously failed a final House vote in May, but was reintroduced with amendments.
▪️ The legislation outlines how proceeds from forfeited crypto assets would be allocated, with an initial $300,000 going to anti-racketeering efforts.
▪️ Arizona continues to advance multiple crypto-related bills alongside HB 2749, which addresses unclaimed digital assets.

A Framework for Managing Seized Crypto

If enacted, HB 2324 would empower Arizona’s State Treasurer to manage seized digital assets and invest them through crypto assets or exchange-traded funds (ETFs). This represents a significant step toward institutionalizing crypto within state financial infrastructure.

The legislation would also authorize the Treasurer to invest, reinvest, or divest crypto assets, effectively turning forfeited funds into a managed pool for state benefit.

The fund would be known as the Bitcoin and Digital Assets Reserve Fund, establishing an official state reserve of cryptocurrency holdings.

Detailed Revenue Allocation Plan

The bill specifies a tiered distribution of funds from the sale of forfeited crypto:

• First $300,000 → Anti-Racketeering Revolving Fund

• Remaining balance (if above $300,000):

• 50% → Anti-Racketeering Revolving Fund

• 25% → Arizona General Fund

• 25% → Bitcoin and Digital Assets Reserve Fund

This approach aims to reinvest criminal proceeds into public benefit while giving Arizona a strategic crypto reserve.

Secure Custody Requirements for Digital Assets

To prevent mishandling or loss, HB 2324 includes mandates for secure custody of seized assets, including:

• Obtaining private keys or passphrases

• Securing digital wallets

• Transferring assets to state-approved digital wallets or platforms

These safeguards reflect growing concern over digital asset security in government custody.

Arizona’s Broader Crypto Legislative Landscape

This bill joins a broader suite of crypto-related legislative efforts in Arizona:

• HB 2749, passed last month, covers unclaimed crypto presumed abandoned.

• Several other pending bills focus on crypto kiosks, payment solutions, and security infrastructure.

Arizona’s push reflects a trend seen nationwide: state-level crypto regulation picking up where federal efforts lag.

National Context: GENIUS Stablecoin Bill Gains Momentum

Arizona’s developments come as the U.S. Senate passed the GENIUS stablecoin bill this week, moving it to the House. Former President Donald Trump urged its swift passage, calling it critical for America to become the “undisputed leader” in the global crypto space.

Arizona’s HB 2324 marks a turning point in how states might begin monetizing and managing crypto from criminal seizures, transforming it from contraband into a strategic fiscal asset.

@ Newshounds News™
Source: The Block

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@ Newshounds News™
Source: Watcher.Guru

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“Tidbits From TNT” Friday Morning 6-20-2025

TNT:

Tishwash:  Oil: The gas sector receives exceptional attention from the Prime Minister.

The Ministry of Oil confirmed, on Thursday, that the gas sector has received exceptional attention from Prime Minister Mohammed Shia Al-Sudani.

A statement by the Ministry of Oil received by the Iraqi News Agency (INA) stated that "Undersecretary of the Ministry of Oil for Gas Affairs Izzat Sabir Ismail, during his speech at the Second Liquefied Natural Gas Forum, stressed the importance of government support for the gas industry and investment sector to achieve the ministry's goals and plans for optimal investment of this resource, in a way that supports the national economy and sustainable development."

He added, "The gas sector has received exceptional attention from Prime Minister Mohammed Shia Al-Sudani and Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani, as the government has worked to support gas industry and investment projects, which have contributed to increasing national production of natural and liquid gas in accordance with the government program. The volume of gas investment in general has increased to more than seventy percent after it did not exceed fifty-two percent during the first year of the government's term."

He pointed out that "the most important of these projects, implemented by the Ministry and its national companies in cooperation with specialized international companies, are concentrated in the governorates of Basra, Maysan, and Dhi Qar, in addition to the central and Kirkuk fields."

He explained that "achieving this exceptional leap in production represents a bright sign towards achieving our goal of stopping - and achieving zero - gas flaring during the period extending from 2028 to 2030, which in turn leads to the elimination of harmful emissions to the environment and public health, in addition to fulfilling our moral commitment to the 2016 Paris Agreement, which strengthens Iraq's position and role in the international community and the global energy sector."

The Undersecretary of the Ministry highlighted "the importance of "liquefied gas" as it represents a vital economic tributary that generates significant financial returns for the country and contributes to diversifying sources of income," noting that "the Ministry of Oil's support for this forum stems from its keenness to ensure the development of this industry through economic methods, approaches, and mechanisms built on sound foundations, achieving the highest benefit for the national economy."

The Undersecretary of the Ministry affirmed that "the forum is an important opportunity to exchange views, discuss technical and commercial challenges, and review development and expansion opportunities, in line with the government and ministry's plans in this field. We look forward today to constructive discussions and practical, implementable outcomes that will contribute to drawing a clear roadmap for the future of liquefied gas in Iraq."

The Undersecretary of the Ministry revealed "Basra Gas Company's plans to reach a production of more than eight thousand tons per day of liquefied gas in the next few years, as its current production stands at six thousand tons per day. Achieving this exceptional qualitative leap in production represents a bright sign for the gas sector."  link

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Tishwash:  Government advisor: Foreign exchange reserves are the highest in Iraq's history.

The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Thursday that Iraq is witnessing economic stability and developmental prosperity, with low inflation and unemployment and high growth. He also noted that foreign exchange reserves are the highest in Iraq's history.

“Iraq faces strong economic challenges in the geopolitical context due to the ongoing war in the Middle East,” Saleh told the official agency, followed by Iraq Observer. “This may be related to the movements of Iraq’s trade balance with the world, especially oil exports and energy markets. While the Gulf and the passage of oil and gas through the Strait of Hormuz represent approximately 30 percent of the flow of energy from its sources to the world, 99 percent of Iraq’s oil is currently exported through the Gulf and the aforementioned strait to world markets, especially the economies and markets of Asia.”

“The increase in crude oil prices, which jumped by nearly $10 before the recent outbreak of the Iranian-Israeli war, is a positive price shock,” he added. “However, at the same time, we must be careful about the consequences of the war and the safety of oil routes in the Gulf, without forgetting that import trade is also bearing risks represented by rising shipping and insurance costs and rising prices, which may increase with the escalation of conflict levels across the Gulf as well.”

He explained that "the positive external price factors in the value of oil exports, which are dependent on geopolitics, should not be the basis for sustainable fiscal policies based on oil revenues, which constitute a central component of public revenues and shape the 2025 budget schedules, unless stability is achieved and the threat of war in all its forms is eliminated."

Regarding the government's delay in submitting the federal general budget schedules for the year 2025, Saleh explained that "one of the requirements stipulated in the Triennial General Budget Law No. 13 of 2023 is due to the amendment of some paragraphs of the Federal General Budget Law for the three years 2023, 2024 and 2025 last February of this year, which were originally covered by Law No. 13 of 2023."

He explained that "this required systematic, practical and oversight communication between the House of Representatives and the government and its bodies represented by the Ministry of Finance to accurately and comprehensively monitor federal revenues and all financial procedures, especially the management of current operational and investment expenditures without interruption, as well as deficit financing."

He pointed out that "the delay in submitting the schedules was influenced by external factors, which are merely reflections of external geopolitical shocks, whether global trade wars, the energy markets experiencing some price contraction before their sudden improvement, or the beginning of indicators of a downward and upward oil asset cycle that should have been addressed by adjusting some spending rules."

Saleh pointed out that, "Despite the ongoing concerns raised during the first half of the current fiscal year, regarding complete financial stability, our country's financial situation has not shown any concerns. This is due to sound management and the high degree of compatibility between the country's fiscal and monetary policies, as monetary policy supports the country's financial policy with its foreign currency reserves, which are the highest in Iraq's history."

He emphasized that "during such periods, monetary policy plays its role in stimulating the domestic financing market with the strength of reserves, particularly in supporting and stabilizing liquidity and general cash flows in the country. This is done to ensure government development programs for the diverse and comprehensive infrastructure projects our country is witnessing, given their role in stimulating the labor market and businesses."

He continued, "All fears have been dispelled due to the mutual and cohesive immunities within the framework of the economic policy itself and the implementation of the government's program, coupled with high financial excellence and discipline."

He explained that “the delay in submitting the 2025 budget schedules to the House of Representatives did not prevent the implementation of the public finance program covered by the basics of the current general budget law, but the external circumstances and successive international economic shocks in the energy market, and the amendment to the current law No. 13, as we mentioned, regarding the issue of assessing the costs of extracting the region’s oil and its marketing costs, are what required time for partial adjustment in some of the constants and variables related to revenues, public expenditures, and deficit management.”

He pointed out that "these tables will be submitted in the coming period based on the provisions of Article 77/Second of Law 13, as mentioned above, which requires the House of Representatives to approve the general budget tables for the current fiscal year, which are now at the end of their preparations for presentation to the House."

He concluded by saying: “The strength of the coordination between the government’s general policies in the financial and monetary fields has dispelled all those concerns about the management of problems resulting from the global economic situation.

Rather, it is working in the interest of the sustainability of economic stability and sustainable development in our country, which is witnessing years of high stability and remarkable development prosperity, whether through low inflation rates, low unemployment rates, or high levels of growth, especially after the launch of the philosophy of strategic partnership between the state’s economy and the market, within the social market strategy that stipulates protecting the stability of citizens’ living standards and supporting the role of the market in investment, reconstruction, and development together.” link

Mot:  UH OH!!! 

Mot . and four Todays ""Mots Advice"" -----

MilitiaMan & Crew: IQD Update-Highest Cash Reserve-Prosperity-Federal Court of Justice Control-Salaries-Stamps-Currency

MilitiaMan & Crew:  IQD Update-Highest Cash Reserve-Prosperity-Federal Court of Justice Control-Salaries-Stamps-Currency

6-19-2025

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=OaRZU2gUb84

The Credit Bubble has Expanded into Equities, Parallels to 1929

Alasdair Macleod: The Credit Bubble has Expanded into Equities, Parallels to 1929

Palisades Gold Radio:  6-19-2025

Tom Bodrovics welcomes back gold market and finance expert Alasdair Macleod. Together they explore the escalating systemic risks in global gold and silver markets, driven by surging demand for physical delivery.

Macleod highlighted the European Central Bank’s (ECB) warning about skyrocketing counterparty risks in gold derivatives, emphasizing that COMEX delivery demands have reached unprecedented levels, with an annualized rate of 1,500 tons—far exceeding post-pandemic trends.

 This surge reflects a growing scramble for physical metal which is exacerbated by delays in delivery fulfillment. Bullion banks, fearing tariffs and supply shortages, inflated futures prices to create arbitrage opportunities, further straining markets.

 Macleod underscored a critical shift: central banks, once willing to lease gold to stabilize markets, now hesitate to renew leases, fearing irreversible loss of reserves.

This trend, compounded by COMEX silver shortages, signals deepening liquidity crises. Demand is driven by sovereign wealth funds, Asian families, and Middle Eastern entities diversifying from the dollar amid geopolitical tensions and long-term currency devaluation fears.

The discussion pivoted to the U.S. debt trap, with deficits exceeding 6% of GDP and tepid demand for long-term Treasuries. Macleod compared today’s credit bubble and protectionist tariffs to the 1929 crash, warning of a potential debt deflation spiral.

He noted China’s strategic accumulation of gold and silver, possibly prepping the yuan for gold backing, while avoiding abrupt moves to destabilize Western economies. Amid these risks, Macleod stressed wealth preservation over accumulation, advocating physical gold as a hedge.

 He cautioned that markets underestimate the looming convergence of fiscal instability, currency crises, and geopolitical shifts, urging vigilance as structural economic fractures deepen.

The episode closed with a stark reminder: today’s calm belies a gathering storm, mirroring historical precedents where credit excesses and policy missteps fueled systemic collapse.

https://www.youtube.com/watch?v=IsLgA6IKxcg

Iraq Economic News And Points To Ponder Thursday Afternoon 6-19-25

Financial Advisor: Iraq Has The Highest Foreign Exchange Reserves In Its History And Its Economy Is Entering A Boom Phase

Buratha News Agency 25-06-19   The Prime Minister's Financial Advisor, Mazhar Mohammed Salih, confirmed on Thursday that Iraq is witnessing economic stability and developmental prosperity, with low inflation and unemployment and high growth, while pointing out that foreign exchange reserves are the highest in Iraq's history.

Salih told the official agency, "Iraq is facing strong economic challenges in the geopolitical complexes due to the ongoing war in the Middle East," noting that "this may be related to the movements of Iraq's trade balance with the world, especially oil exports and energy markets.

While the Gulf and the passage of oil and gas through the Strait of Hormuz represent approximately 30 percent of the flow of energy from its sources to the world, Iraq currently exports 99 percent of its oil through the Gulf and the aforementioned strait to world markets, especially Asian economies and markets."

He also explained that "the increase in the price of exported crude oil, which jumped by nearly $10, before the outbreak of the recent war between Iran and the Zionist occupation, is considered a 'positive price shock'.

However, at the same time, caution must be exercised regarding the consequences of the war and the safety of oil routes in the Gulf, without forgetting that the import trade has also begun to bear risks represented by the rise in shipping and insurance costs and rising prices, which may increase with the escalation of the levels of conflict across the Gulf as well."

He also explained that "the positive external price factors in the value of oil exports, which are linked to geopolitics, should not be the basis for sustainable fiscal policies based on oil revenues, which constitute a central component of public revenues and shape the 2025 budget schedules, unless stability is achieved and the threat of war in all its forms is eliminated."

Regarding the government's delay in submitting the federal general budget tables for the year 2025, Saleh explained that "one of the requirements stipulated in the Triennial General Budget Law No. 13 of 2023 is due to the amendment of some paragraphs of the Federal General Budget Law for the three years 2023, 2024 and 2025 last February of this year, which were originally covered by Law No. 13 of 2023."

He explained that "this required systematic, practical and oversight communication between the House of Representatives and the government and its bodies represented by the Ministry of Finance to accurately and comprehensively monitor federal revenues and all financial procedures, especially the management of current operational and investment expenditures without interruption, as well as deficit financing."

He pointed out that "the delay in submitting the schedules was influenced by external factors, which are merely reflections of external geopolitical shocks, whether global trade wars, the energy markets experiencing some price contraction before their sudden improvement, or the beginning of indicators of a downward and upward oil asset cycle that should have been addressed by amending some spending rules."

Saleh also pointed out that, "Despite the ongoing concerns raised during the first half of the current fiscal year, regarding complete financial stability, our country's financial situation has not shown any concerns.

This is due to sound management and the high degree of compatibility between the country's fiscal and monetary policies, as monetary policy supports the country's financial policy with its foreign currency reserves, which are the highest in Iraq's history."

He also emphasized that "during such periods, monetary policy plays its role in stimulating the domestic financing market with the strength of reserves, particularly in supporting and stabilizing liquidity and general cash flows in the country.

This is done to ensure government development programs in the diverse and comprehensive infrastructure projects that our country is witnessing, given their role in stimulating the labor market and businesses."

He continued, "All concerns have been dispelled due to the mutual and cohesive immunities within the framework of the economic policy itself and the implementation of the government's curriculum, coupled with high financial excellence and discipline."

He added, "The delay in submitting the 2025 budget schedules to the House of Representatives did not prevent the implementation of the public finance program, which is covered by the basics of the current general budget law.

However, external circumstances, successive international economic shocks in the energy market, and the amendment to the current law No. 13, as we mentioned, regarding the issue of assessing the costs of extracting and marketing the region's oil, are what required time for partial adjustment in some of the constants and variables related to revenues, public expenditures, and deficit management."

He pointed out that "these tables will be submitted in the coming period based on the provisions of Article 77/Second of Law 13, as mentioned above, which requires the House of Representatives to approve the general budget tables for the current fiscal year, which are now at the end of their preparations for presentation to the House."

He concluded by explaining that "the strength of the coordination between the government's general policies in the financial and monetary fields has dispelled all those concerns about the management of problems resulting from the global economic situation.

Rather, it is working in the interest of the sustainability of economic stability and sustainable development in our country, which has witnessed years of remarkable stability and development prosperity, whether through low inflation rates, low unemployment rates, or high levels of growth.

This is especially true after the launch of the philosophy of strategic partnership between the state's economy and the market, within the social market strategy that calls for protecting the stability of citizens' livelihoods and supporting the role of the market in investment, reconstruction, and development together."  https://burathanews.com/arabic/economic/461671  

Ministry Of Reconstruction {To Euphrates News}: All Projects In The First Package Will Be Completed By The End Of This Year.

Time: 2025/06/19 18:14:54 Reading: 180 times  {Local: Al Furat News} The Ministry of Construction and Municipalities announced today, Thursday, that all projects in the first package will be completed by the end of this year. 

The useful summary.. In the important news, you can find it on the Euphrates News channel on Telegram..

Ministry spokesman Nabil Al-Saffar told Furat News, "All of these projects will be inaugurated by the end of the year, particularly the remaining projects in the first package."

Al-Saffar added, "The delay in approving the budget schedules has not affected the smooth flow of traffic relief projects, despite the halt in the release of financial allocations."  LINK

 

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