“Coffee With MarkZ” Thursday Morning Chat 2-6-2025
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good morning Mark, fabulous mods and everyone
Member: Ramadan begins Feb 28th. People there don't work during much at this time. If the RV doesn't happen by the time Ramadan begins, then the RV may not happen until afterwards, not during. Very important holiday
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good morning Mark, fabulous mods and everyone
Member: Ramadan begins Feb 28th. People there don't work during much at this time. If the RV doesn't happen by the time Ramadan begins, then the RV may not happen until afterwards, not during. Very important holiday
Member: then somebody better get busy and get it done.
Member: If Iraq truly cared about its citizens this would have already gone…imo
Member: Hoping for some good info from Mark about exchanges happening soon?
MZ: The contact I mentioned last night is indeed out west now. This is a first in years so I am very upbeat about that.
MZ: Bond side remains quiet but most of contacts told me it should be around the 10th to the 12th for them to get paid.
MZ: last night Mike Bara told you guys he knows someone who should have their fees sooner. Like in a day or two.
MZ: I have heard nothing on Prosperity projects or CMKX.
MZ: “Central Bank stimulating hoarded money in homes is one of the most important challenges of this stage “ This is what happened to us in the late 1920’d and 30’s. People hoarded cash and the system broke. Money was not moving and flowing through the system. They are trying to nurture the feeling of prosperity and abundance to draw in more prosperity and abundance to stimulate the general economy.
Member: They have been educating their people for the past few years. I thought they had brought in all their mattress dinars already. Will this RV ever happen????
Member: if they change the rate the money would fly into the banks
Member: If back salaries are paid to Iraqi citizens by direct deposit only…when they see their money is safe maybe they will start to trust the banks?
MZ: That is exactly why the government is doing it this way.
MZ: “The President of the republic stresses to the Governor of the Central Bank the need to develop the services provided to the citizens” They want people to know they are making banking very secure
MZ: “Member of Parliament: Voting on amending the budget will solve part of Baghdad and Erbil’s differences” They are saying when they voted last Sunday they solved most of the differences between Baghdad and Erbil….now they need to finish it up…..but they want you to know they have made great progress.
Member: Mark Z I personally think all these operations are done. And the stories are just coming out
MZ: I would not be surprised if some of them were done.
Member: Iraqi Bonds: first bond is worth 500,000 dinars @ 6%, the second bond is worth 1,000,000 dinars @ 7.5%, interest paid every 6 months"
Member: I wish we could buy them!
MZ: “Trump wants a sovereign wealth fund: Here is how other countries run theirs” Wealth funds are used in more than 90 other countries Including Saudi Arabia, Australia, Norway, China, Abu Dhabi, Singapore, Hong Kong ect….and .29 states in the United States already have Sovereign Wealth Funds…the strongest of which are Alaska, New Mexico and Texas. .
Member: My bank had an update on app to inform our and agree to digital transfer and movement transactions yesterday.
Member: A friend of mine who lives in Austin, TX said he asked his bank manager, was is a friend of his, if they were ready for the Revaluation. He said, "Yes, we are trained and ready to go!"
Member: Any news on the IRS closing or The Federal reserve going away ?
Member: Everybody is going to party like it’s 1776 when we finally see the end of the IRS
Member: Just hope it happens before April 15th.
Member: Hi Mark, when we finally get appts, how long do we have to exchange/redeem?
Member: Mark always said we get 10 days to set appointments and 30 days to exchange…..nothing changed to my knowledge
Member: Don't judge each day by the harvest you reap but by the seeds that you plant.
Member: A Rising Tide Lifts All Ships
Member: It may not appear that we ate winning, but WE are. Hold on, this is about to happen in an " And Suddenly" situation.
Member: Thanks to all…..everyone enjoy your day.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
News, Rumors and Opinions Thursday 2-6-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 6 Feb. 2025
Compiled Thurs. 6 Feb. 2025 12:01 am EST by Judy Byington
Judy Note: The Storm has arrived and Elon Musk’s DOGE Team edits of federal agency budgets.
DOGE also has plans to audit the IRS auditors. That should be interesting. The same people who are afraid of DOGE are the same who wanted to hire 80,000 new IRS agents to audit and harras taxpayers.
When the DOGE audits are combined with activation of the new Quantum Financial System (QFS), our US government as we know it was expected to shrink by 90-95%.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 6 Feb. 2025
Compiled Thurs. 6 Feb. 2025 12:01 am EST by Judy Byington
Judy Note: The Storm has arrived and Elon Musk’s DOGE Team edits of federal agency budgets.
DOGE also has plans to audit the IRS auditors. That should be interesting. The same people who are afraid of DOGE are the same who wanted to hire 80,000 new IRS agents to audit and harras taxpayers.
When the DOGE audits are combined with activation of the new Quantum Financial System (QFS), our US government as we know it was expected to shrink by 90-95%.
What We Think We Know as of Thurs. 6 Feb. 2025: (RUMORS)
Wed. 5 Feb. 2025 DOGE Audits: Treasury Secretary Scott Bessent just (allegedly) handed control of the federal payment system to Elon Musk’s DOGE team. This decision comes just two weeks after former Treasury Secretary Janet Yellen’s computer was (allegedly) breached, with unclassified files accessed—an attack blamed on “Chinese state-sponsored hackers.”
Wed. 5 Feb. 2025 DOGE Audits: Pelosi and Feinstein (allegedly) make millions off of land purchases using US Government Tax monies: (1) Sassafrass84 on X: “Doesn’t surprise me. https://t.co/dC8tT3nJ6P” / X
Wed. 5 Feb. 2025 DOGE Audits: Senators (allegedly) making in the hundred thousands reported 2024 income in the millions. The only way that could happen would be through kickbacks. The head of the US Treasury submitted his resignation when told that DOGE was there to perform a complete audit.
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Possible Timing:
In Aug. 2020 Trump (allegedly) rolled US Taxpayer dollars that had been going to the Federal Reserve since 1918, into the new US Treasury near Reno Nevada. The Federal Reserve – a privately owned family bank of the Rothschilds – (allegedly) had control of US Taxpayer dollars and was charging the US Government interest to use it.
On August 19, 2024, the Emergency Broadcast System (EBS) was (allegedly) activated in 100 cities across the United States. …The 17th Letter (JFK Jr.) on Telegram
On Wed. 15 Jan 2025 Trump(allegedly) signed the classified “Gold Directive,” the Cabal’s hidden vaults having been seized. Their gold, stolen for centuries, was now being returned to The People through the QFS.
On Mon. 20 Jan. 2025 when Trump took office, the privately owned Federal Reserve and IRS were c(allegedly) onsidered legally defunct. …Carolyn Bessette Kennedy on Telegram
On Wed. 29 Jan. 2025 an Open Letter was (allegedly) published addressed to President Donald Trump and the US Congress asking them to recognize the Sovereign Nation of the Kingdom of Hawaii. There was 170,000 metric tons of Gold sitting in the Bank of Hawaii that cannot be used by any government entity until the Kingdom Nation is returned properly to The People. The request was accompanied by a plea to help the over 3,000 victims of the 2023 Kula and Lahaina Maui Hawaii Fires who remain homeless, many living on beaches since 2023. (Signed) Sir Don Kauli’a, Sovereign Regent, Kingdom of the Hawaiian Islands
Month of Feb: The Plan Never Changed. It was Always February. The Chest Will Open Very Soon!” …John F. Kennedy Jr. on Telegram
Mon. 3 Feb. 2025 the Quantum Financial System (allegedly) Activated Worldwide. Over $100 Trillion (allegedly) held in the Five Star Trust was authorized to be released to the new US Treasury (and back to The People). …Carolyn Bessette Kennedy on Telegram
Wed. 5 Feb. 2025 according to Bruce Tier4a,b (Us, the Internet Group) will be (allegedly) notified by email of how to set redemption appointments, with those appointments beginning Wed. or Thurs. 6 Feb. 2025.
Sun. 9 Feb. 2025 the QFS becomes fully operational with intense military operations. …JFK Jr. on Telegram
In Aug. 2025 the U.S. Treasury will (allegedly) send out a computer algorithm to each bank to zero debt balances in a Debt Jubilee. The banks will then zero out all mortgage debt, credit card debt, car debt, etc. Citizens (allegedly) do not have to contact their debtor to ask for the Debt Jubilee. Watch for your new zero balance statement coming out sometime in August. …JFK Awakening on Telegram
By year’s end, over 700 Med Bed Centers were (allegedly) said to be fully operational worldwide. …JFK Jr. on Telegram
Read full post here: https://dinarchronicles.com/2025/02/06/restored-republic-via-a-gcr-update-as-of-february-6-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Even if the budget comes out at the old rate, don't panic. Sudani knows what he's doing. The longer he can hide this form parliament the better...All the information about the new exchange rate has not been released yet, but within...13 days this budget will expose itself. It has no choice...This budget has no choice but to show its true colors in order for it to come to life...A new exchange rate cannot wait much longer..
Militia Man I think we all know the United States is sitting on a very large stack of Iraqi dinar. Probably many other currencies as well because if we know about it they know about it. If we can figure it out, they probably have. They're one step ahead of us. That's a good thing because if this is a benefit for the United States of America and if it's a benefit for Iraq and if it's a benefit for other Middle Eastern countries...let's get going.
Trump’s New Sovereign Wealth Fund Explained
Heresy Financial: 2-6-2025
TIMECODES
00:00 Trump signs executive order for a U.S. sovereign wealth fund
00:32 The risks of a government-controlled investment fund
01:07 How sovereign wealth funds breed fraud and corruption
02:37 Why politicians have no skin in the game with public funds
03:24 The dangers of unlimited government-controlled capital
05:24 Historical lessons from the Mississippi Bubble
07:00 Could the U.S. sovereign wealth fund trigger hyperinflation?
08:48 The potential benefits of a sovereign wealth fund
10:05 The role of U.S. gold reserves in funding the program
12:14 Challenges in funding and implementing the sovereign wealth fund
13:17 Political greed and the risk of mismanagement
13:49 The final cost: Who really pays for this?
14:11 Should the government control wealth, or should you?
Iraq Economic News and Points to Ponder Late Wednesday Evening 2-5-25
The Ministry Of Planning Discusses With The World Bank The Preparation Of A Roadmap For Building Human Capital In Iraq
Wednesday 05 February 2025 | Economic Number of readings: 150 Baghdad / NINA / The Ministry of Planning held a joint meeting with the World Bank on Wednesday, during which they discussed joint cooperation in the field of preparing a roadmap for building human capital in Iraq.
The Ministry Of Planning Discusses With The World Bank The Preparation Of A Roadmap For Building Human Capital In Iraq
Wednesday 05 February 2025 | Economic Number of readings: 150 Baghdad / NINA / The Ministry of Planning held a joint meeting with the World Bank on Wednesday, during which they discussed joint cooperation in the field of preparing a roadmap for building human capital in Iraq.
A statement by the ministry stated that "Undersecretary of the Ministry Maher Hammad Johan headed the Iraqi side, while the World Bank team was headed by the Regional Director for Human Development in the Middle East and North Africa, Fadia Saada.
Johan explained: "The importance of the human capital building project comes from its contribution to achieving development goals," stressing Iraq's endeavor to harness efforts towards improving investment in human capital, keeping pace with global trends, and responding to local needs for human development,
in addition to identifying investment priorities and directing them towards making fundamental changes at the level of policies, plans, programs and all government interventions, and in effective partnerships with the international community, the local community and the private sector," calling for more cooperation with the World Bank in this field.
For her part, the Regional Director for Human Development in the Middle East and North Africa, Fadia Saadeh, said: “Investing in human capital is essential for the future of the country, and Iraq has the ability to harness its young population as an engine of economic growth,” indicating: “Bridging the service delivery gaps is in education and health care, expanding access to social protection, and creating job opportunities, especially for women and youth.”
She added: “If reforms are implemented effectively, Iraq can transform its current challenges into opportunities, and ensure a more equitable and prosperous future for all its citizens.”
The meeting witnessed the presentation of three presentations, the first of which was on the priorities and programs of the National Development Plan (2024-2028), presented by the Director General of the Department of Economic and Financial Policies, Sabah Jundi Mansour, the second presentation was on the recommendations of the first national conference on human capital in Iraq, and the next steps, presented by the Director General of Human Development, Dr. Maha Abdul Karim Al-Rawi, and the last presentation was from the World Bank team on the future outlook for human capital projects in Iraq. /End8 https://ninanews.com/Website/News/Details?key=1183964
Finance Minister To Parliamentary Delegation: The Ministry Is Committed To Implementing Reforms To Boost Non-Oil Revenues
Wednesday 05 February 2025 | Economic Number of readings: 23 Baghdad / NINA / Minister of Finance Taif Sami affirmed the ministry's commitment to implementing financial reforms that would enhance non-oil revenues and achieve financial sustainability.
A statement by the Ministry of Finance stated: "Minister Taif Sami received, today, Wednesday, at the ministry's headquarters, a number of members of the Council of Representatives, and during the meeting, their requests and those of citizens were listened to,
in addition to discussing the mechanisms for implementing the general budget, following up on the allocations of service and development projects, in addition to discussing ways to support productive sectors and provide the necessary resources to improve the level of services provided to citizens."
The minister affirmed, according to the statement, the ministry's commitment to implementing financial reforms that would enhance non-oil revenues and achieve financial sustainability in accordance with approved government programs.
The representatives praised the ministry's efforts in managing the financial file, and stressed the importance of enhancing joint cooperation to ensure the achievement of economic goals.
The parliamentary delegation included the following MPs: Manal Al-Maslamawi, Rafiq Al-Salihi, Luqman Al-Rashidi, Mudhar Al-Karawi, Hassan Al-Masoudi, Fatima Al-Hawi, Ala Al-Nashi, Sarah Al-Dulaimi, Mona Al-Jubouri, Faisal Al-Naili, Wafaa Al-Shammari, Suhaila Al-Sultani, Mustafa Al-Karawi, Amal Al-Nasiri, Osama Al-Badri, Ahmed Rashid Salmani, Basem Nghamish Al-Gharbawi, Mahasin Al-Dulaimi, and Hassan Al-Asadi. / End https://ninanews.com/Website/News/Details?key=1184007
Finance On Restructuring Of Rafidain, Rashid And Insurance Companies: A Fundamental Step
Banks Economy News – Baghdad Today, Wednesday, Finance Minister Taif Sami discussed following up on the procedures for restructuring Rafidain and Rashid Banks and insurance companies.
The ministry said in a statement that "Sami held an expanded meeting with the head of the Insurance Bureau, directors of government banks and insurance companies, and the international auditing and oversight firm Ernst & Young, to follow up on the measures taken to implement the restructuring of insurance companies and government banks, most notably Rafidain and Rashid Banks."
According to the statement, Sami pointed out that "the restructuring represents a fundamental step to enhance financial stability and improve the efficiency of government banks in accordance with international standards," noting "the importance of developing banking systems, enhancing internal control, and implementing specialized training programs for banking cadres to ensure the provision of advanced financial services."
Sami added, "The strategic plan will include introducing modern banking technologies, such as electronic payment, enhancing transparency, improving capital management and completing the comprehensive banking system, in addition to cooperating with international financial institutions and benefiting from global expertise, in addition to setting specific time frames for implementing modernization processes, which will raise the efficiency of government banks and support the national economy."
The Prime Minister's Office announced yesterday, Tuesday, the launch of an initiative to reform the banking system, in cooperation with the Central Bank of Iraq, consisting of 4 main points, and it comes in partnership with the global management consulting company (Oliver Wyman). https://economy-news.net/content.php?id=52540
Dollar Prices In Iraq Fall: 151 Thousand "Per Paper"
Economy | 05/02/2025 Mawazine News – Baghdad Mawazine News publishes today, Wednesday, the exchange rates of the dollar against the Iraqi dinar in local markets. - Selling 151,000 dinars for 100 dollars - Buying 149,000 dinars for 100 dollars. https://www.mawazin.net/Details.aspx?jimare=259379
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Thursday Morning 2-6-25
Good Morning Dinar Recaps,
CFTC’S PHAM SEEKS ‘COMMON-SENSE’ REGULATION OF PREDICTION MARKETS IN NEW ROUNDTABLE
▪️The CFTC will hold a public forum to discuss prediction markets, though it did not name any specific marketplace in its announcement.
▪️CFTC Acting Chair Pham said past years of anti-innovation policies have restricted “common-sense” regulations of prediction markets.
Good Morning Dinar Recaps,
CFTC’S PHAM SEEKS ‘COMMON-SENSE’ REGULATION OF PREDICTION MARKETS IN NEW ROUNDTABLE
▪️The CFTC will hold a public forum to discuss prediction markets, though it did not name any specific marketplace in its announcement.
▪️CFTC Acting Chair Pham said past years of anti-innovation policies have restricted “common-sense” regulations of prediction markets.
The Commodity Futures Trading Commission announced Wednesday that it will hold a public roundtable to examine prediction markets, where its acting chair Caroline D. Pham expressed the need for more clarity in regulating such platforms.
“Unfortunately, the undue delay and anti-innovation policies of the past several years have severely restricted the CFTC’s ability to pivot to common-sense regulation of prediction markets,” said CFTC Acting Chairman Caroline D. Pham.
Pham said prediction markets are an “important new frontier” that can bring truth to the information age by utilizing the power of markets.
“The current Commission interpretations regarding event contracts are a sinkhole of legal uncertainty and an inappropriate constraint on the new administration,” Pham said.
Last year, the commission requested a district court to review a previous ruling in Kalshi’s favor in an attempt to block U.S. election bets on the prediction market. The two have been in a legal dispute since 2023 over the offerings of event contracts linked to congressional matters.
Earlier this week, it was reported that the CFTC was questioning prediction market Kalshi and Singapore-based crypto exchange Crypto.com over whether their derivatives-based Super Bowl sports events contracts were compliant.
“CFTC must break with its past hostility to innovation and take a forward-looking approach to the possibilities of the future,” Pham stated.
The roundtable
The public roundtable is a necessary first step in establishing a comprehensive regulatory framework for prediction markets, Pham said, as the new framework aims to promote the platforms while protecting users from deceptive market practices.
The forum will tackle several key roadblocks in establishing the framework, including past CFTC decisions, court orders and enforcement actions, and interpretations of event contracts on prediction markets in general.
“Participants will include a wide variety of experts and stakeholders representing numerous and diverse interests in these issues,” the statement said.
However, the release did not mention names of prediction markets that would be discussed at the public roundtable.
The roundtable is scheduled to be held at the CFTC headquarters in Washington, D.C., with further details on the event yet to be announced.
@ Newshounds News™
Source: The Block
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RIPPLE EXPANDS US WORKFORCE BY 75% AFTER ELECTIONS: IS THE SEC LAWSUIT ENDING SOON?
Ripple’s CLO, Stuart Alderoty, recently shared his thoughts on the new U.S. administration’s approach to cryptocurrency. In an interview with CNBC, Alderoty expressed his satisfaction with the changes brought about by the new administration.
He explained that the previous administration had essentially waged a “war” on crypto, pushing the industry out of the U.S. in favor of restrictive policies. However, since the inauguration, Alderoty praised the new administration for embracing cryptocurrency and clearing obstacles that had been stifling innovation.
Ripple’s Onshore Hiring Surge Amid SEC Case
Alderoty revealed that Ripple, which has been based in the U.S. for over 12 years, is benefiting from these shifts. He said that following the election, 75% of Ripple’s hiring efforts, which were previously offshore, are now being brought back onshore in the U.S.
The company is eager to build and expand its operations domestically, with the belief that the U.S. can once again become the global leader in cryptocurrency technology.
These changes come amid the ongoing SEC case, which has been dragging on for four years. The updates have left many wondering if the case might be coming to an end soon.
Ripple’s Response to U.S. Crypto Reform
When discussing U.S. crypto reform, Alderoty outlined three major forces shaping the landscape: President Trump’s executive order, changes in federal regulation, and legislative action from Congress.
He stressed the importance of the executive order, which reaffirms the U.S.’s goal of becoming the “crypto capital of the world.” The order has sparked a series of positive regulatory developments, including the appointment of David Sachs as the “crypto czar,” who is leading a task force to review and update crypto regulations.
Additionally, Alderoty praised the actions of the SEC’s acting chair, Mark Uyeda, who recently acknowledged the regulatory confusion of the past few years. Alderoty is optimistic that these changes will make it easier for banks to engage with crypto, further positioning the U.S. as a favorable environment for crypto innovation.
@ Newshounds News™
Source: Coinpedia
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RIPPLE’S RLUSD TOKEN SECURES MAJOR LISTINGS
The Ripple USD (RLUSD) stablecoin has secured several new listings, according to a Wednesday announcement.
The much-hyped stablecoin is now available for trading on Revolut and Zero Hash. These recent additions are likely to result in substantially broader RLUSD adoption.
London-based fintech firm Revolut boasts more than 50 million customers across the globe. Last September, it was reported that the company planned to launch its own stablecoin. In November, it also obtained the approval to expand its services across the EU after securing a banking license in the UK.
Zero Hash is a prominent cryptocurrency infrastructure platform. With the addition of RLUSD, the platform now supports five stablecoins across various chains.
RLUSD is, of course, available on both Ethereum and the XRP Ledger, and the stablecoin is expected to add more platforms in the future. The Zero Hash integration is significant for the RLUSD since it means that Ripple's stablecoin is now part of the stablecoin engine that is powering various fintech firms in the realm of payments (remittances, payouts, AI agents) and trading.
Zero Hash CEO Edward Woodford says that the listing of Ripple's RLUSD token shows that the company is committed to offering its customers the most "innovative and regulated" stablecoin products.
As reported by U.Today, the Ripple stablecoin recently surpassed $100 million in market capitalization.
The token was also recently listed on Bitstamp, one of the oldest cryptocurrency exchanges.
According to CoinGecko, the market cap of RLUSD currently stands at $108 million.
@ Newshounds News™
Source: U Today
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“Tidbits From TNT” Thursday Morning 2-6-2025
TNT:
Tishwash: Al-Sudani, Russian envoy discuss bilateral cooperation and stability
Iraq’s Prime Minister Mohammed Shia Al-Sudani met Wednesday with Mikhail Bogdanov, Russian President Vladimir Putin’s special representative to the Middle East and North Africa, to discuss bilateral relations and ways to enhance cooperation across multiple sectors, according to a statement from Al-Sudani’s media office.
The discussions also addressed regional and international developments, focusing on “efforts aimed at strengthening stability in the region.” The prime minister reaffirmed Iraq’s commitment to “fostering stronger ties between Iraq and Russia.”
TNT:
Tishwash: Al-Sudani, Russian envoy discuss bilateral cooperation and stability
Iraq’s Prime Minister Mohammed Shia Al-Sudani met Wednesday with Mikhail Bogdanov, Russian President Vladimir Putin’s special representative to the Middle East and North Africa, to discuss bilateral relations and ways to enhance cooperation across multiple sectors, according to a statement from Al-Sudani’s media office.
The discussions also addressed regional and international developments, focusing on “efforts aimed at strengthening stability in the region.” The prime minister reaffirmed Iraq’s commitment to “fostering stronger ties between Iraq and Russia.”
The meeting follows earlier talks in Baghdad between Iraqi Speaker of Parliament Mahmoud Al-Mashhadani and a Russian delegation led by Bogdanov,
Statement from PM Al-Sudani’s media office:
Prime Minister Mohammed S. Al-Sudani met today, Wednesday, the Special Envoy of the President of the Russian Federation to the Middle East and North Africa, Mr. Mikhail Bogdanov. The meeting focused on bilateral relations between Iraq and Russia and explored ways to enhance cooperation across various fields.
The discussions also covered regional and international developments and efforts aimed at strengthening stability in the region. Prime Minister Al-Sudani expressed his initial approval to participate in the upcoming Arab-Russian Summit to be hosted by the Russian Federation, recognizing its importance in advancing mutual interests.
The Prime Minister reiterated the government’s commitment to fostering stronger ties between Iraq and Russia and expanding avenues of cooperation in multiple sectors. He also emphasized the need to enhance collaboration on the Development Road project and Russian initiatives concerning transit routes to ensure shared benefits and the growth of common interests.
For his part, Mr. Bogdanov conveyed the greetings of Russian President Vladimir Putin to Prime Minister Al-Sudani and reaffirmed his government’s keenness to activate bilateral memoranda of understanding. He also confirmed Russia’s readiness for the upcoming tenth meeting of the Iraqi-Russian Joint Committee, which will oversee the implementation of agreements and memoranda of understanding between the two nations.
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Tishwash: Participants to Al-Sabah: Baghdad International Fair is a golden opportunity for economic cooperation
Participants in the Baghdad International Fair considered it a “golden opportunity” that could be a supportive starting point for the sustainable development process that the country is witnessing.
The 48th edition of the exhibition this year is witnessing a wide turnout from citizens, investors and businessmen, due to the quality of companies and products displayed locally and internationally.
Industrial investments
The official of the Ministry of Industry wing, Mohammed Qasim, told Al-Sabah: “Iraq is heading towards localizing its national industry, as well as bringing in global industries through investment within the country,” noting that “this matter requires the creation of an ideal work environment that is in harmony with the requirements of industrial investment and actually contributes to turning the wheel of industrial production.”
Industrial cities
Qasim stressed that “industrial cities are considered a trend that can contribute to localizing industry in Iraq, as these cities will provide all the requirements of the Iraqi and foreign industrialist, especially since the path of development has recalculated the calculations of many companies that can transfer their industries to Iraq and launch from it to various markets of the world.”
He pointed out that "the exhibition is an important opportunity to communicate with Arab and foreign participants who came with a real desire to be present in local markets, especially since Iraq has become the focus of attention of major international companies."
Golden opportunity
Baghdad Chamber of Commerce Advisor Wahbi Al-Khafaf told Al-Sabah: “The Chamber views the exhibition as a golden opportunity that can be used to serve the Iraqi economy, which needs combined local and international efforts to move its wheel.”
Available opportunities
Al-Khafaf pointed out that “the companies present at the exhibition have a great desire to work inside Iraq, which is considered a “promising market” that can benefit those who work inside it and invest in the available opportunities in all production and service sectors.”
He also pointed out that “the companies that have come with new goods know that the Iraqi market is large and can accommodate regional and international presence, and some are thinking of localizing their industry within the country.”
More space
As for the representative of the Iraqi Iron Company, he explained to “Al-Sabah”, “The exhibition gave the company a larger space to communicate with the companies participating in the exhibition, especially construction and reconstruction companies and contracting companies that implement major projects that require huge quantities of iron to create concrete blocks.”
He stressed that "the national product is manufactured according to international specifications and competes with the best of its global counterparts."
Local companies
He pointed out that “the exhibition represents an important opportunity, as it saved us a lot of effort and time in reaching this number of local and international companies.”
He pointed out that “the citizen provided an opportunity to communicate with citizens who learned about the nature of the company’s products, selling prices, and product efficiency, as the exhibition is a free opportunity for dissemination.”
Renew participation
A representative of the Pakistani company GFC, which specializes in electrical appliances, confirmed to Al-Sabah that the exhibition is important.
He pointed out that “the Iraqi citizen’s interest in the pavilion created a desire to renew participation in all exhibitions organized inside Iraq, especially since the Iraqi market is vast, and we can be present in all cities.”
Second package
In turn, the representative of the Ministry of Construction and Housing, Aram Majeed, told Al-Sabah, “The presence of the ministry’s team inside the Baghdad International Fair comes to reflect the ministry’s achievements during the past year, the projects that have been implemented and those under implementation, and the projects of the second package that will be launched soon, and includes a number of important projects, including the bridge that connects the Kadhimiya area with the Al-Krayat area.”
Economic cooperation
As for the financial affairs specialist, Athir Abdul Baqi, he said about the exhibition: “The banking sector is an important axis for any economic cooperation between Iraq and the countries of the world, and through our movement inside the exhibition, we noticed the presence of international companies inside the banks’ pavilions and inquired about the nature of the products offered, and how the money movement is going.”
Development plans
He pointed out to “Al-Sabah” that “most delegations stop at the issue or the joint of the development plans for the performance of the banking system, and where it stands among the services provided regionally and internationally, as companies look forward to entering into various businesses within Iraq and studying the reality of the financial sector and the services provided by the banking system.”
(1250) companies of various specializations representing 22 Arab and foreign countries are participating in the 48th session of the Baghdad International Fair.
Economic growth
Economic expert Aqil Al-Hamad told Al-Sabah: “Trade fairs generally represent a facade that indicates the extent of the country’s economic and urban growth.”
He added, "The Baghdad Exhibition is important for international companies, especially since the volume of turnout is large from foreign investors, and it has become a real proof of Iraq's economic importance."
Industrial reality
He explained that “exhibitions work to create solid partnerships between the private sector and foreign companies, and this in itself is an important factor that can improve the nature of the industrial and development reality, in addition to its role in providing many job opportunities and meeting the market’s needs for solid local products. In order to achieve the maximum possible degree of benefit, government agencies must hold more meetings with Iraqi economic organizations to learn about the nature of the exhibitions that should be held.”
Meanwhile, the Ministry of Trade stated that “its formations participated in the 48th session of the Baghdad International Fair, with special pavilions within the framework of enhancing economic cooperation and cultural exchange.
She explained in a statement received by “Al-Sabah” that “the companies’ participation came to highlight their activities and announce and promote their investment projects, which reflect the government’s commitment to enhancing sustainable development and supporting innovation in various fields.”
She pointed out that “the exhibition is an ideal platform for communication between companies and investors, and reflects Iraq’s ability to host major international events that enhance its economic position in the region, as it included a wide range of local and international companies displaying their latest products and services,” indicating that “the pavilions of the ministry’s formations witnessed a great turnout from visitors, and a comprehensive presentation was given on the projects and programs implemented by the ministry’s companies in various sectors.”
The Ministry also invited visitors, whether officials, business owners or citizens, to visit its companies’ pavilions and learn about future projects and initiatives aimed at strengthening the national economy. link
*************
Tishwash: Sami meets with Ernst & Young to restructure banks: Strategy includes electronic payment
Finance Minister Taif Sami said on Wednesday, February 5, 2025, that the strategic plan to restructure banks includes introducing “modern technologies” such as electronic payment.
Meeting to follow up on the restructuring procedures of Rafidain and Rashid Banks and insurance companies
According to a statement seen by "Ultra Iraq", Finance Minister Taif Sami held "an expanded meeting with the head of the Insurance Bureau, directors of government banks and insurance companies, and the international auditing and oversight company (Ernst & Young) to follow up on the measures taken to implement the restructuring of insurance companies and government banks, most notably Rafidain and Rashid Banks."
Sami pointed out that "the restructuring represents a fundamental step to enhance financial stability and improve the efficiency of government banks in accordance with international standards," stressing "the importance of developing banking systems, enhancing internal control, and implementing specialized training programs for banking cadres to ensure the provision of advanced financial services."
The Minister explained that "the strategic plan will include introducing modern banking technologies, such as electronic payment, enhancing transparency, improving capital management and completing the comprehensive banking system, in addition to cooperating with international financial institutions and benefiting from global expertise, in addition to setting specific time frames for implementing modernization operations, which will raise the efficiency of government banks and support the national economy." link
Mot: The insight - ole ""Mot"" Brings Ya - is Simply AMAZING!! – LOL
.Mot: .. Ya Know!! -- Just Saying ~~~~
MilitiaMan & Crew Iraq Dinar News-Commitment Judicial Decisions-Central Bank of Iraq-French Ambassador-Paris Club
MilitiaMan & Crew Iraq Dinar News-Commitment Judicial Decisions-Central Bank of Iraq-French Ambassador-Paris Club
2-5-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan & Crew Iraq Dinar News-Commitment Judicial Decisions-Central Bank of Iraq-French Ambassador-Paris Club
2-5-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraq Economic News and Points to Ponder Wednesday Evening 2-5-25
Finance Launches Bonds Worth Two Trillion Dinars To Boost Investment And Provide Savings
Money and business Economy News – Baghdad The Ministry of Finance announced today, Wednesday, the launch of national bonds (first issue) for public subscription, with a total value of two trillion Iraqi dinars, for the period from February 10 to March 10, 2025.
The ministry said in a statement that the issuance of these bonds comes "as part of its plan to enhance local investment and provide savings tools for citizens and investors."
Finance Launches Bonds Worth Two Trillion Dinars To Boost Investment And Provide Savings
Money and business Economy News – Baghdad The Ministry of Finance announced today, Wednesday, the launch of national bonds (first issue) for public subscription, with a total value of two trillion Iraqi dinars, for the period from February 10 to March 10, 2025.
The ministry said in a statement that the issuance of these bonds comes "as part of its plan to enhance local investment and provide savings tools for citizens and investors."
According to the statement, the bonds are divided into two categories: The first bond is worth 500,000 dinars with an annual interest of 6%, and is due after two years, with interest paid every six months. The second bond is worth 1,000,000 dinars with an annual interest of 7.5%, and is due after four years, with interest paid every six months.
The statement indicated that the bonds are tradable on the Iraqi Stock Exchange, which provides a distinct investment opportunity for citizens and companies looking for stable financial instruments.
The bond offering comes based on Article 77 of the Federal General Budget Law No. (13) for the years 2023, 2024, and 2025, with the aim of supporting the national economy and enhancing confidence in the Iraqi financial system, according to the Finance Ministry statement. https://economy-news.net/content.php?id=52539
Parliamentary Finance Committee Discusses With US Delegation The File Of Contracts Of Foreign Oil Companies Operating In Kurdistan
Energy Economy News – Baghdad On Wednesday, the Finance Committee of the House of Representatives discussed with an American delegation the file of contracts of foreign oil companies operating in the Kurdistan Region of Iraq.
The media office of the head of the committee said in a statement, seen by "Al-Eqtisad News", that "the head of the Finance Committee, Atwan Al-Atwani, received a delegation from the US Embassy headed by Julie Jones, the economic advisor to the embassy, and Chris Torres, advisor to the Iraqi Council of Representatives file in the political department."
The statement added that "the meeting discussed the details of amending Article 12 of the Federal General Budget Law related to oil production and export, in addition to the financial challenges facing the country and preparations for preparing and approving the 2025 budget schedules."
He continued, "The meeting discussed the file of contracts of foreign oil companies operating in the region, and some details related to oil production and export, within the framework of amending the general budget law that the Council of Representatives recently voted on, as a first step to resolve the oil disputes between Baghdad and Erbil and in line with the Iraqi constitution."
Al-Atwani stressed, according to the statement, "the necessity for the region to commit to paying its financial dues to the central government in exchange for receiving its entitlements, including employee salaries and project financing, to end financial disputes," renewing the Finance Committee's keenness to "end all disputes and stop oil smuggling; due to its negative impact on the country's financial stability."
The statement explained that "the meeting witnessed a discussion of the timing of approving the budget schedules for the year 2025; with the aim of launching projects according to the specified timetable, with an emphasis on increasing non-oil revenues, reducing spending on non-essential projects, investing in service and educational projects, and supporting the private sector."
https://economy-news.net/content.php?id=52551
IEA: Iraq Has 600,000 Barrels Of Oil Surplus Per Day
Energy Economy News – Baghdad The International Energy Agency revealed, on Wednesday, that Iraq has surplus capacity estimated at 600,000 barrels per day.
The agency stated, in a report reviewed by "Al-Eqtisad News", that "the total spare capacity of OPEC amounts to about 5.3 million barrels per day, including 3.1 million barrels per day in the Kingdom of Saudi Arabia, 1.1 million barrels per day in the United Arab Emirates, 600 thousand barrels per day in Iraq, and 400 thousand barrels per day in Kuwait."
The report added, "This total surplus is equivalent to about 5.1% of global oil demand, which the International Energy Agency expects to average about 104 million barrels per day in 2025."
A few days ago, OPEC+, which includes OPEC, Russia and their allies, made production cuts, reducing output by about 6 million barrels per day in a series of steps since 2022 to support the market.
OPEC has reserves of oil called idle production that can be used in times of war or natural disasters.
https://economy-news.net/content.php?id=52533
Oil Prices Stabilize During Early Wednesday Trading
Economy | 05/02/2025 Mawazine News – Baghdad Oil prices steadied in early trade on Wednesday after volatile trading in the previous session as investors shrugged off the impact of Chinese tariffs on U.S. energy imports, although President Donald Trump's renewed push to crack down on Iranian crude exports provided some support.
Markets move Brent crude futures were down 18 cents, or 0.24 percent, at $76.02 a barrel by 0210 GMT. US West Texas Intermediate crude lost 9 cents, or 0.12 percent, to $72.61, according to Reuters data.
WTI at one point fell 3 percent on Monday, its lowest since Dec. 31, after China announced tariffs on US imports of oil, liquefied natural gas and coal in retaliation for US tariffs on Chinese exports.
But prices rebounded after Trump reimposed his first-term “maximum pressure” campaign on Iran to curb its nuclear program, which has reduced Iranian crude exports to zero.
Analysts at Goldman Sachs said in a note on Tuesday that the impact of China’s retaliatory tariffs on energy prices would be limited “given that global supply and demand for these commodities will not be impacted by the Chinese tariffs.”
They added that both countries would be able to find alternative markets. Prices were also pressured by rising crude and fuel inventories in the United States, the world’s biggest oil consumer.
The American Petroleum Institute showed crude inventories rose by 5.03 million barrels in the week to Feb. 1. Ending January 31. It reported that gasoline stocks increased by 5.43 million barrels, and distillate stocks decreased by 6.98 million barrels. The official US government oil inventory data is scheduled to be issued on Wednesday evening. https://www.mawazin.net/Details.aspx?jimare=259375
BP Intends To Invest In The Oil Sector In Iraq
Economy | 05/02/2025 Mawazine News – Baghdad Reuters quoted a senior Iraqi oil official as saying that oil giant BP is expected to spend up to $25 billion over the life of a project to redevelop four oil fields in Kirkuk at a time when Baghdad is seeking to regain foreign investment.
If the deal is signed, a move the official expects to happen in the coming weeks, it would mark a major achievement for Iraq after years of production constrained by war. Iraq is OPEC’s second-largest oil producer after Saudi Arabia, with an average output of more than 4 million barrels per day.
BP will invest $20 billion to $25 billion under a profit-sharing agreement that will last for more than 25 years, the official said.
BP declined to comment on the Reuters report, but pointed to a statement last month saying BP and the Iraqi government had made significant progress toward reaching an agreement to support the operator of several Kirkuk oilfields in an integrated redevelopment project.
The potential BP deal would be the second major deal between Iraq and an international oil company in two years, following a deal in Basra with Total Energies, which was valued at around $27 billion.
BP’s deal would focus on rehabilitating facilities at four oilfields and developing natural gas to support Iraq’s domestic energy needs. The official said technical and economic negotiations were ongoing.
The deal is well underway, and final contracts could be signed in the first half of February, possibly by the end of this week.
The official said the deal would allow BP to increase crude oil production capacity from the four Kirkuk fields by 150,000 barrels per day, bringing total capacity to at least 450,000 barrels per day in two to three years. Current production is 300,000 barrels per day, according to three officials from the state-run National Oil Company. A profit-sharing model is under discussion that would allow BP to recover costs and start making a profit once production increases from current levels, the oil official said.
BP has a 50 percent stake in a joint venture that operates the giant Rumaila oil field in the south of the country, where it has been operating for a century. https://www.mawazin.net/Details.aspx?jimare=259381
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Wednesday Evening 2-5-25
Good Evening Dinar Recaps,
FDIC RELEASES DOCUMENTS RELATED TO CRYPTO DEBANKING
The Federal Deposit Insurance Corporation has released more than 100 documents related to the highly criticized and controversial “debanking” of crypto companies and individuals.
In a press release on Feb. 5, the FDIC stated that the 175 documents pertain to the agency’s supervision of banks that “engaged in, or sought to engage in, crypto-related activities.”
Good Evening Dinar Recaps,
FDIC RELEASES DOCUMENTS RELATED TO CRYPTO DEBANKING
The Federal Deposit Insurance Corporation has released more than 100 documents related to the highly criticized and controversial “debanking” of crypto companies and individuals.
In a press release on Feb. 5, the FDIC stated that the 175 documents pertain to the agency’s supervision of banks that “engaged in, or sought to engage in, crypto-related activities.”
The report was released on the same day the U.S. Senate Banking Committee began its hearing on the impact of debanking in the country. It also follows a court order that set the deadline for their release as Friday, Feb. 7.
Crypto debanking, often referred to as Chokepoint 2.0, has been a contentious issue in recent months, with the FDIC and the U.S. Securities and Exchange Commission facing criticism from various industry stakeholders.
FDIC acting chairman Travis Hill commented:
“I have been critical in the past of the FDIC’s approach to crypto assets and blockchain. As I said last March, the FDIC’s approach ‘has contributed to a general perception that the agency was closed for business if institutions are interested in anything related to blockchain or distributed ledger technology.”
The released documents include correspondence with 24 financial institutions regarding their involvement or interest in crypto-related activities.
The records reveal that the FDIC largely resisted engagement, frequently requesting additional information, delaying responses for months, and issuing directives instructing banks to pause, suspend, or entirely avoid crypto-related activities.
The crypto debanking hearings will no doubt reveal a lot more, but commentary from notable industry advocates commend the FDIC’s decision to release the documents. It includes Senator Cynthia Lummis, who observed via a post on X:
“I am thrilled the FDIC acted swiftly & efficiently to release these documents. I want to thank Chairman Hill and POTUS for your commitment to government transparency! We are putting an END to Chokepoint 2.0.”
FDIC acting chair Hill has stated that the agency is reevaluating its approach. Key measures moving forward include replacing its Financial Institution Letter (FIL) 16-2022and creating a clearer framework for banks to participate in the crypto sector. The FDIC will also collaborate with President Trump’s working group on digital assets to establish new guidelines.
@ Newshounds News™
Source: CryptoNews
~~~~~~~~~
HOW TRUMP'S TRADE WAR IS AFFECTING BITCOIN AND GOLD
Gold and Bitcoin have previously moved together as "safe haven" assets. But that isn't the case with President Donald Trump back in action.
Bitcoin or gold? Or Bitcoin and gold? Investors are weighing where to put their money in times of uncertainty—and no time is more uncertain than now.
President Donald Trump’s tariffs—or threats of tariffs—have rocked markets, making “risk-on” assets like crypto less appealing.
The price of gold hit a new high Monday, while Bitcoin dropped below $93,000, down about 14% from its all-time high price set on January 20. Bitcoin's correlation to the precious metal is down significantly as investors flock to more traditional safe haven assets, experts told Decrypt.
Bitcoin proponents have long claimed that the cryptocurrency’s unique selling point is that it’s a long-term store of value—like gold. And sometimes, they are correlated: The two assets have moved in tandem in the past, when investors have flocked to a strong dollar.
But things are up in the air now that President Donald Trump has taken office and issued a flurry of dramatic orders, and Bitcoin’s 90-day correlation with gold has remained close to zero, data provider Kaiko told Decrypt.
Case in point: The new commander in chief implemented tariffs against Canada, Mexico, and China on Saturday, causing crypto prices to drop sharply.
After having a “friendly conversation” with Mexican President Claudia Sheinbaum two days later, he decided to pause tariffs—leading to a rebound in Bitcoin’s price. Meanwhile, gold soared. Trump later agreed to a similar pause with Canada as the two countries attempt to work out a deal, while tariffs against China ultimately did go into effect.
“The trade war could decouple the correlation in the short term as gold is a more established ‘safe haven’ asset, while Bitcoin—although often seen as a safe haven—is currently owned by a large investor base also trading highly speculative risk-asset meme coins and tech stocks,” Amberdata’s director of derivatives Greg Magadini told Decrypt.
The reason for the decoupling is that Bitcoin is still performing less like a safe-haven and more like risk assets, such as tech stocks. The biggest cryptocurrency by market cap over the past seven days alone has swung from $105,893 per coin to as low as $92,876.
@ Newshounds News™
Source: Decrypt
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🥇🥇GOLD TELEGRAPH BREAKING NEWS🥇🥇
WORLD'S DEMAND FOR GOLD HIT ANOTHER RECORD HIGH LAST YEAR
Read: X . Com
~~~~~~~~~~~~~
THE ANNUALIZED RATE FOR LENDING GOLD over a one-week period has increased to around 10% this year, up from the previous range of 2-3%.
People are definitely sweating.
Read: X . Com
~~~~~~~~~~~~~~
VERY STRANGE THINGS HAPPENING AT THE BANK OF ENGLAND.
They hold over $450 billion worth of gold at current prices, primarily for central banks.
There are weeks long queues to withdraw bullion from its vault and its now trading at a DISCOUNT vs. wider markets.
Massive moment...
Read: X . Com
~~~~~~~~~~~~~~
BILLIONAIRE PIERRE LASSONDE MESSAGE:
Billionaire Pierre Lassonde told me late last year that the day transactions on the Shanghai Gold Exchange surpass those on the COMEX, gold pricing will shift to the East, leaving the West behind.
Right now, the LBMA says it’s working with COMEX on U.S. gold price premium...
Watch: X . Com
@ Newshounds News™
Source: Cold Telegraph
~~~~~~~~~
SEC’S CRYPTO TASK FORCE WEBSITE LAUNCHES: HESTER PEIRCE SHARES VISION FOR DIGITAL ASSET REGULATION
The US Securities and Exchange Commission (SEC) has officially unveiled its new Crypto Task Force, marking a pivotal shift in its regulatory approach to the digital asset sector.
This initiative, led by Commissioner Hester Peirce, promises a more engaging and less perilous journey for both the SEC and the crypto industry compared to the tumultuous path the agency has navigated over the past decade.
Peirce articulated the need for a clear destination in the regulatory landscape, acknowledging the previous lack of clarity and the enforcement hesitancy that characterized the SEC’s earlier interactions with cryptocurrency.
New SEC Task Force To Foster Collaboration In Crypto Regulation
In her announcement, Peirce emphasized that the SEC’s past approach was fraught with “legal ambiguities” and “commercial impracticalities,” leaving many market participants in a state of uncertainty.
She highlighted that the Task Force aims to address these issues collaboratively, involving input from various stakeholders, including builders, enthusiasts, and skeptics within the crypto community.
By fostering open dialogue, the SEC seeks to develop a regulatory framework that balances investor protection with the industry’s ability to innovate and thrive.
Peirce was candid about the challenges ahead, acknowledging that untangling the complexities of cryptocurrency regulation will take considerable time and effort.
The SEC has been engaging with the crypto industry for over a decade, with its first Bitcoin exchange-traded product application arriving in 2013. Since then, the agency has faced numerous enforcement actions and made various attempts to clarify regulatory expectations, yet many issues remain unresolved.
Public Engagement In Shaping Digital Asset Regulation
The Task Force’s efforts will include examining the status of different crypto assets under existing securities laws, addressing the regulatory needs of coin and token offerings, and exploring how crypto lending and staking programs fit within the legal framework.
The Task Force also aims to enhance the process for exemptive relief applications and streamline paths to registration for token offerings, while ensuring that the necessary investor protections remain intact.
Peirce explicitly stated that the SEC does not endorse any specific cryptocurrency or token, reinforcing the idea that market participants must make informed decisions without relying on government approval.
Furthermore, the Task Force plans to collaborate with other regulatory bodies and state authorities to create a comprehensive understanding of crypto’s regulatory landscape.
This cooperation is essential for crafting policies that not only protect investors but also provide a safe environment for innovation. The SEC is keen on ensuring that the US capital markets remain robust and efficient, free from fraud and misconduct.
Peirce’s statement also invited public engagement, encouraging individuals and organizations to contribute their insights and suggestions regarding the regulatory framework for cryptocurrencies.
Interested parties can provide written submissions or request meetings with Task Force members to discuss pertinent issues. This open approach reflects the SEC’s commitment to transparency and inclusivity in its regulatory process.
@ Newshounds News™
Source: Bitcoinist
Read more: Bitcoinist
~~~~~~~~~
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Wednesday Evening Chat With MarkZ 2-5-2025
Wednesday Evening Chat With MarkZ
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good evening to everyone. Sure is a lot of big things happening worldwide!
Member: Mike Bara think tonight could be the night.!!
Wednesday Evening Chat With MarkZ
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good evening to everyone. Sure is a lot of big things happening worldwide!
Member: Mike Bara think tonight could be the night.!!
Member: I really hope Mike is right!
MZ: He should be on Whiskey and Wisdom tonight…..will probably give his intel before the fun stuff starts
Member: Rumor mill is in overdrive tonight . So many calling for the RV tonight others Saturday night. It’s feels close either way.
MZ: MZ: Starting with Iraq: “Al Mahhadani calls on political blocs for an emergency meeting to end differences and discuss challenges” They are meeting at the Presidential Palace guys….the meeting last weekend was so successful….they are having another one this weekend.
MZ: “Parliamentary Finance discusses with a US delegation the file for contracts of foreign oil companies operating in Kurdistan” They are getting things sorted out to put final numbers on the budget tables for HCL. Big things are going on.
MZ: “Sudani supervises the signing of a contract to develop the refinery by adding a refinery unit of 70 thousand barrels a day” This is a 800 million dollar deal. This is big one that greatly increases output and dollars for Iraq.
MZ: “After Trump’s sanctions the Iranian rial plunges to all time low” One US dollar will buy you $85,750 Iranian rial. Do you think they might be willing to sit down at the negotiating table now?
Member: What do you think the trigger is Mark. Seems like there have been many opportunities for this to go, but it doesn’t.
Member: IMO Trumps Sovereign Wealth Fund will Raise the Value of ALL Currencies
MZ: I heard something fun today. I’m almost afraid to tell it to you. But, I have someone from the east coast that I had the privilege of meeting when I was in Reno many years ago aggregating my dinar with the “Wounded Warrior Crew”
MZ: I don’t know all the details….but I know that a very sudden trip west has been initiated. He has been asked to be there. I do not know what for yet. All I know is he got the call and has to get there. He has not made that trip in close to 4 years.
MZ: So when I heard this particular individual….someone I know in real life….I got very excited today. It could be nothing…but it could be huge. I think it’s huge. He is probably in the air right now. He is neither a bond holder or a paymaster…but works for a group.
MZ: They are still staying quiet on the bond side and on the group side. (Except the above story)
Member: Really hoping to turn in my two weeks notice this weekend.
Member: The news gets better and better every day!
Member: planets are aligned...its happening
Mod: Join us for Whiskey and Wisdom tonight at 8PM EST
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
Some “Iraq News” Posted by Clare at KTFA 2-5-2025
KTFA:
Clare: Prime Minister Approves New Date for Iraq Investment Forum
2/3/2025 Baghdad –
Prime Minister Mohammed Shia Al-Sudani has approved a new date for the Iraq Investment Forum, scheduled to take place from April 12-13, 2025.
According to a letter from the Prime Minister's office, received by The Iraq News Agency-INA , "The Prime Minister's approval has been granted to hold the Iraq Investment Forum on April 12-13, 2025, for the necessary arrangements in light of the Prime Minister's approval."
KTFA:
Clare: Prime Minister Approves New Date for Iraq Investment Forum
2/3/2025 Baghdad –
Prime Minister Mohammed Shia Al-Sudani has approved a new date for the Iraq Investment Forum, scheduled to take place from April 12-13, 2025.
According to a letter from the Prime Minister's office, received by The Iraq News Agency-INA , "The Prime Minister's approval has been granted to hold the Iraq Investment Forum on April 12-13, 2025, for the necessary arrangements in light of the Prime Minister's approval." LINK
Clare: Iraq is heading to implement the first historical transfer operation through the international (TIR) system
2/5/2025 Baghdad-
The International Road Transport Union (IRU) announced during its visit last week that Iraq is heading towards implementing the first historic transport operation through the international road transport system (TIR).
The union stated in a statement, followed by the Iraqi News Agency (INA), that "a delegation from the International Road Transport Union (IRU) visited Iraq last week to lay the foundation for the first cross-border transport movement in the country within the international road transport system (TIR).
It explained that "Iraq is close to achieving a historic achievement in cross-border trade, as the first transport operation under the umbrella of the international road transport system is expected to take place soon, as this event represents a turning point for the country and a major step towards full integration into the recognized international system for customs transit."
It added that "during the past week, the International Road Transport Union (IRU) held key discussions with stakeholders in the public and private sectors, reinforcing Iraq's commitment to modernizing the trade sector and adopting international best practices."
It pointed out that "a specialized workshop was organized during the visit, focusing on the importance of international agreements of the United Nations, such as the TIR Convention and the European Convention on the International Carriage of Dangerous Goods by Road. Experts highlighted the vital role of these agreements in simplifying cross-border trade, enhancing trade security, and reducing road accidents. Discussions also addressed the importance of professional excellence in the land transport sector and developing strong regulatory frameworks to support it."
The statement continued that "cooperation between the public and private sectors was one of the main themes of the meetings, as its essential role in achieving these goals was emphasized," noting that "effective coordination between government authorities and the private sector is a crucial factor in ensuring the smooth implementation of the TIR Convention and the European Convention on the International Carriage of Dangerous Goods by Road, which enhances Iraq's position in regional and global trade."
It concluded that "as Iraq prepares for this achievement, it stands on the threshold of a new era in the field of transport and international trade, as it adopts global best practices to enhance efficiency, security, and economic growth." LINK
************
Clare: Confirming Shafaq News news.. Al-Sudani calls on the State Administration Coalition to hold a meeting in Baghdad
2/5/2025
Prime Minister Mohammed Shia al-Sudani called on Wednesday for members of the State Administration Coalition to hold a meeting at the government palace next Saturday, February 8, 2025.
A statement issued by Al-Sudani's office explained that the latter's call for holding the meeting aims to "discuss the general situation in the country and examine a number of files at the national level."
The State Administration Coalition called for an emergency meeting next Saturday at the government palace in the capital, Baghdad, to discuss a group of "important" issues.
An informed source told Shafaq News Agency that the most important of these issues is the recent escalation against the Federal Court after it issued the federal order to stop the implementation of the three controversial laws.
The Iraqi political arena has witnessed rapid development since yesterday, Tuesday, after the Federal Court issued a judicial order to stop the implementation of the general amnesty laws, amend the Personal Status Law, and return the properties to their owners in Kirkuk.
This decision prompted the Sunni forces to escalate their stance against the court, as official work was suspended in three Sunni provinces in protest against the decision, amid hints of other escalatory steps such as withdrawing from parliament and the government, and organizing protest demonstrations, the beginnings of which began in the city of Mosul today.
In contrast, the Coordination Framework announced its support for the court’s procedures, stressing its constitutional right to monitor the laws.
It is noteworthy that this decision came after a number of representatives filed an appeal regarding the parliament’s collective voting on the laws, while observers are awaiting a final decision from the court in the coming weeks.
Earlier today, the Iraqi Supreme Judicial Council issued a fatwa that it is not permissible to suspend the implementation of laws enacted by the House of Representatives before they are published in the Official Gazette, while it considered that the law amending the Personal Status Law and returning properties to their owners requires delaying the issuance of any decision related to them. It stressed that the courts in the country are obligated to implement the general amnesty law.
The "State Administration" coalition includes the Shiite parties (the Coordination Framework), the Sunni blocs (the Progress and Sovereignty Alliance), and the Kurdish parties (the Kurdistan Democratic Party, the Patriotic Union of Kurdistan), and since its formation it has aimed to support a consensus government to ensure the stability of the political process and implement agreements between the political blocs. LINK
Clare: The Ministry of Commerce directed to expedite the completion of financial statements for budgets of previous years.
2/5/2025 Baghdad /
Minister of Trade Athir Dawood Al-Ghariri directed, today, Wednesday, the financial and budget departments to complete the financial data for the budgets of previous years and send them to the Financial Supervision Bureau for the purpose of approval and submission of comments, no later than the tenth of next May.
The ministry said in a statement that "Al-Ghariri stressed during an expanded meeting held in the presence of the general administrations of the grain trading and manufacturing companies, the administrations of the relevant departments, and a number of assistants to the general managers, the need to assume responsibility for preserving public money.
He pointed out that the approval of these budgets is an achievement that contributes to the return of entitlements as revenues to the general budget, in addition to limiting the companies' shares of their profits and the ministry's revenues.
The minister confirmed that the ministry has achieved a remarkable achievement by obtaining second place among government agencies in the file of combating corruption and integrity with a rate of 99.35%, which was not achieved in previous years, pointing to the adoption of the principle of reward and punishment in evaluating performance and not being lenient with the lazy who do not adhere to performance and implementation plans. LINK
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Clare: Trump Restores Tough Line on Iran—Includes Watch on Iraqi Banks, Gulf States Transshipment of Prohibited Goods
NSPM-2 directs the Secretary of State to “take immediate steps” to ensure Iran does not use Iraqi banks to evade sanctions or Gulf ports to transship prohibited goods.
WASHINGTON DC, United States (Kurdistan24) On Tuesday, U.S. President Donald Trump revived the tough line toward Iran that he pursued during his first term in office.This was laid out most clearly in two documents released by the White House: “National Security Presidential Memorandum/NSPM-2” and “Fact Sheet: President Donald J. Trump Restores Maximum Pressure on Iran.”NSPM-2 is addressed to 17 senior officials at 16 U.S. government agencies, including the State Department.
It contains four directions to the Secretary of State. One aims to prevent Iran from using the facilities of regional states to circumvent the renewed U.S. sanctions.
That direction has two parts. One part is to maintain a watchful eye on Iraq’s banking system, which Iran has used in the past to evade sanctions. The second part is to prevent Gulf countries from acting as transshipment routes for Iran’s import of prohibited goods.
Thus, NSPM-2 directs the Secretary of State to “take immediate steps in coordination with the Secretary of the Treasury and other relevant agencies to ensure that the Iraqi financial system is not utilized by Iran for sanctions evasion or circumvention and that Gulf countries are not used as sanctions evasion transshipment points.”
Iran as Major State Sponsor of Terrorism
The view of Iran, as expressed in NSPM-2, is the reverse of that held by the Biden administration, when it took office in January 2021. It believed then that U.S. pressure on Iran, which had been Trump’s policy, was a major source of regional instability. So, it adopted an accommodating position toward Tehran.
But that policy failed. There was no reduction in tensions, rather they increased, particularly after Hamas’s brutal Oct. 7, 2023, cross-border assault into Israel.
Eventually the Biden administration came around to the view that Iran was, indeed, an aggressive power. It posed a threat to the region and had to be contained, as President Joe Biden told Congress in his March 2024 State of the Union speech. LINK
Bruce’s Big Call Dinar Intel Tuesday Night 2-4-25
Bruce’s Big Call Dinar Intel Tuesday Night 2-4-25
Transcribed By WiserNow Emailed To Recaps
Music. Welcome everybody to the big talk tonight. It is Tuesday, February 4th and you're listening to the big call. Thanks everybody for coming in. I can tell you this much. We're going to have a shorter call tonight. Bob is under the weather. I'm under the weather. Sue is not under the weather. She is the weather. And so I have Intel, which is very good for us tonight, but I'm going to give it up in a fairly quick manner. And I'm sure Bob has something to say as well, but we're going to kind of cruise through this call a little faster than normal. Let's pray to call in,
All right, let's go ahead and move into the Intel segment, guys, it's not going to be very long, but I do have some good information to give you.
Bruce’s Big Call Dinar Intel Tuesday Night 2-4-25
Transcribed By WiserNow Emailed To Recaps
Music. Welcome everybody to the big talk tonight. It is Tuesday, February 4th and you're listening to the big call. Thanks everybody for coming in. I can tell you this much. We're going to have a shorter call tonight. Bob is under the weather. I'm under the weather. Sue is not under the weather. She is the weather. And so I have Intel, which is very good for us tonight, but I'm going to give it up in a fairly quick manner. And I'm sure Bob has something to say as well, but we're going to kind of cruise through this call a little faster than normal. Let's pray to call in,
All right, let's go ahead and move into the Intel segment, guys, it's not going to be very long, but I do have some good information to give you.
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What we're hearing is, and this is coming from redemption center leaders, and one of the leaders is over seven redemption centers. We've got one guy that's over seven, another guy that's over six, another guy that's over three, and then we have the individual redemption centers. We've got four others that we talked to that are over individual redemption centers.
So what I want to impress upon you is that Iraq did what they were supposed to do last Sunday, which is their first business day, they brought out a new rate, and they passed an amendment to their budget, and everything appears, from Iraq's perspective, to be a go right now -- moving forward for us.
The other thing is that we got information passed on to us today that says that bond holders will be getting notified Tomorrow at five different times with their emails, and that's starting at 10am, 11am, 12, one o'clock and two o'clock. So that's going to apply all over the country to bondholders, getting their emails and then getting access to their funds in their accounts, either tomorrow night or Wednesday – So that’s really good news, we want those guys to get it. That's tier three
Now, what we’re getting from multiple redemption center leaders is that are supposed to get notifications, which is our email, starting tomorrow - aroun10 o'clock in the morning. And we should, based on that, happen around 10 o'clock morning tomorrow, we should be able to set our appointments – and start exchanges – 3 hrs later which would be afternoon tomorrow, and if not, we would start on Wednesday.
If not, we would start on Thursday. So it's looking very good for us, and that would be tier 4A and 4B going together and getting notified, we believe as early as 10am tomorrow, which is Wednesday.
So that's very exciting. The other thing is, there's been a couple videos out that have a very very low dinar rate that has been like in the 3.27 range.
That's not really the case, and certainly it's not the case for us XXX XXXXXXXX was to make sure that we would get the high level rate on the dinar, as well as other currencies. And for example that rate is nowhere near where we're going to be with the contract rate they intend to offer us -
Anybody know what a hundo is does? I know Bob does and Sue does - Keep that in mind. I believe that’s where we are going to be on it -
So that's extremely good - you know that the Zim is on par with the USN at 1.00 (dollar)
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The redemption centers don’t have the ATM’s for the bank and the bank, the new software installed yesterday and today is giving them - shou ld h ave – in other words = use the ATM’s at the banks to get cash – USN probably either tomorrow or Wednesday. It would start with the USN -- you would be able to take out $2,000 twice a day, I don’t know that y ou would need to - I’m going to say don’t do it unless you absolutely have to but that’s a lot more cash than we're used to having - probably a lot of us. So keep that in mind.
The other thing is, the rates of the bank screens were up this morning, and they were not up at the redemption centers today, but they fully expect to be up by tomorrow, at 10 o'clock in the morning. I believe we're going to have that tomorrow. That'll be that would be a cool thing.
Also, the other nice piece that we got in the way of a in the way of an email today was that the redemption centers will be 100% staffed and ready to go tomorrow at 10am -- Now this means they would be ready to go to for us to center appointments and possibly Start exchanges tomorrow, but it's not 100% clear.
We might just be setting appointments tomorrow and starting exchanges on Thursdays, so we're gonna have to see what happens tomorrow. But we should be getting our emails tomorrow, starting at around 10am
that would be good we've got right now, as of today, we had four 60% of redemption centers all staffed /standing ready to go today and Tomorrow, the remaining 40% will be up and rolling tomorrow by 10am
So it’s a big day today, and it's going to be a bigger day tomorrow. And hopefully we not only get our numbers around 10 in the morning, but we set our appointments and can start exchanges, hopefully tomorrow afternoon, and if not tomorrow, it should be Thursday, so I think we will probably plan to have a celebration call on Thursday I know some of us aren't going to care. You're just going to go and and do whatever you’ve got to do So be aware and watch out for, for the emails to come in tomorrow – starting around 10 am
And I think that's really everything I wanted to say tonight, to prepare to move forward. Think that’s everything we needed to say,
Good night formula for me is kicking in. We'll thank everybody else that helped to get this call and support this call like most of you have for 13 years now. Thank you so much for everything everyone has done.
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Now we plan to do on Thursday, even if we get numbers, because we'd like to do a celebration call. Let's see what happens tomorrow and Thursday and see if everything is rolling, because that's what we should try to do. Celebrate this together and remember, remember XXX XXXXX has set this thing up where we should be setting our appointments to go to redemption centers, not if you want the best rates on then are you, Iraqi, didn't you need to go to the redemption center, and if you have zim, that's the only place right now, the Zim is going to be redeemable. So let's take that and run with it.
Let's pray the call out, and then I'll turn the call out, Thanks everybody for listening for 13 years. We will talk Thursday.
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