
Iraq Economic News and Points to Ponder Thursday Evening 3-20-25
Iraq Economic News and Points to Ponder Thursday Evening 3-18-25
Al-Alaq: We Are Working To Establish A Data Center That Represents A Successful Foundation For Digital Transformation.
Banks Economy News – Baghdad Central Bank Governor Ali Al-Alaq confirmed on Thursday that the digital currency the bank intends to launch will enhance transparency and limit the flow of cash out of banks. He also revealed plans to establish a data center that will serve as a successful platform for digital transformation.
Al-Alaq: We Are Working To Establish A Data Center That Represents A Successful Foundation For Digital Transformation.
Banks Economy News – Baghdad Central Bank Governor Ali Al-Alaq confirmed on Thursday that the digital currency the bank intends to launch will enhance transparency and limit the flow of cash out of banks. He also revealed plans to establish a data center that will serve as a successful platform for digital transformation.
Al-Alaq said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News," that "financial technologies are developing rapidly, in line with the requirements of the financial and banking sector in terms of speed, accuracy, and economic efficiency,
in addition to transparency and oversight. The reality of the digital revolution is imposing itself on all sectors, including the financial and banking sector, which is the most beneficiary of the major transformations taking place."
He added, "Digital currency can serve many purposes, limit the leakage of cash outside banks, and achieve a high degree of transparency, as funds can be tracked, whether in the areas of consumption, investment, savings, or even in legitimate and illegitimate businesses.
It also provides important databases for analytical purposes, not just for the movement of paper money, in addition to the economic benefits digital currency offers from printing and tracking currency."
Al-Alaq confirmed that "we have begun taking steps in coordination with international organizations to review initial experiments in the digital currency file, which we do not wish to delay." He explained that "there are existing experiments in some countries in the region, and we are also following up with the Arab Monetary Fund to develop appropriate steps in this direction, and what is required is infrastructure.
" He continued, "The Central Bank has advanced infrastructure, as the new bank building contains a sophisticated data center, and we are also working to establish a data center that will represent a successful foundation for digital transformation."https://economy-news.net/content.php?id=53628
Oil Prices Rose In Today's Trading
Economy |03/20/2025 Mawazine News – Baghdad Oil prices rose in early trading on Thursday, driven by a decline in US fuel inventories and rising tensions in the Middle East.
Brent crude futures rose 40 cents, or 0.57 percent, to $71.18 a barrel by 02:13 GMT, while U.S. West Texas Intermediate (WTI) crude gained 34 cents, or 0.51 percent, to $67.50. Prices rose after U.S. government data showed a larger-than-expected drawdown in distillate inventories last week.
Distillate stocks, which include diesel and heating oil, fell by 2.8 million barrels last week, while crude inventories rose by 1.7 million barrels. Global risk premiums rose after Israel launched a new ground operation in Gaza on Wednesday after violating a nearly two-month ceasefire.
The United States also continued airstrikes on Houthi targets in Yemen in response to the group's attacks on ships in the Red Sea. Trump also pledged to hold Iran responsible for any future Houthi attacks. Ukrainian President Volodymyr Zelensky said on Wednesday that a halt to strikes on energy facilities in the war with Russia could be achieved quickly, suggesting the two sides are moving closer to a potential ceasefire that could lead to sanctions relief and the return of Russian supplies to the market. https://www.mawazin.net/Details.aspx?jimare=260274
Exchange Rates Drop In Baghdad
economy | 03/20/2025 Mawazine News – Baghdad The dollar exchange rate declined on the Al-Kifah and Al-Harithiya stock exchanges, reaching 147,300 Iraqi dinars per $100.
The selling price at exchange shops in local markets in Baghdad was 148,250 Iraqi dinars per $100, while the buying price was 146,250 dinars per $100. https://www.mawazin.net/Details.aspx?jimare=260281
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Thursday Afternoon 3-20-25
Good Afternoon Dinar Recaps,
PRESIDENT TRUMP PLEDGES US LEADERSHIP IN CRYPTOCURRENCY AT DIGITAL ASSET SUMMIT
President Donald Trump outlined his administration’s vision for U.S. leadership in cryptocurrency and financial technology during the Digital Asset Summit.
Good Afternoon Dinar Recaps,
PRESIDENT TRUMP PLEDGES US LEADERSHIP IN CRYPTOCURRENCY AT DIGITAL ASSET SUMMIT
President Donald Trump outlined his administration’s vision for U.S. leadership in cryptocurrency and financial technology during the Digital Asset Summit.
Trump Touts Crypto as Key to U.S. Economic Growth
Addressing the summit’s attendees via video feed, Trump declared his commitment to making America the global center for digital assets. “Together we will make America, the undisputed bitcoin superpower and the crypto capital of the world,” he stated. He also highlighted the recent White House Digital Asset Summit, where top crypto executives met with White House AI and Crypto Czar David Sacks.
Trump announced the creation of a strategic bitcoin reserve and a U.S. digital asset stockpile, a move aimed at maximizing the government’s holdings. “Instead of foolishly selling them for a fraction of their long-term value, which is exactly what Biden did,” he asserted.
The president also vowed to end what he described as the previous administration’s “regulatory war on crypto,” including halting Operation Choke Point 2.0. “It was a form of lawfare through government weaponization. Frankly, it was a disgrace,” he said, pledging that such policies ended on January 20, 2025.
Trump called on Congress to pass legislation establishing clear regulations for stablecoins and market structure, arguing that a strong legal framework would allow institutions to invest and innovate freely. “You will unleash an explosion of economic growth,” he told the audience.
He concluded by reinforcing his belief that crypto will drive financial innovation in the U.S. “It’s going to be right here in the USA, the good old USA,” he said.
@ Newshounds News™
Source: Bitcoin News
~~~~~~~~~
XRP JUST HIT MAJOR MILESTONE WITH FIRST US REGULATED FUTURES
The first-ever regulated XRP futures in the U.S. are live, delivering compliant, physically settled contracts that enhance market integrity and strengthen price discovery.
Regulated XRP Futures Are LIVE in the US
Bitnomial, a U.S.-based digital asset derivatives exchange, has launched the first-ever U.S. Commodity Futures Trading Commission (CFTC) regulated futures contract for XRP, the company announced on March 20. The announcement states:
"This marks the first-ever CFTC-regulated XRP futures product in the United States, providing traders with a compliant, transparent, and capital-efficient way to gain exposure to XRP".
The newly introduced XRP US Dollar Myra (XRUY) Futures are designed to enhance market integrity by ensuring contracts are physically settled in actual XRP rather than cash. This approach strengthens price discovery by directly linking derivatives trading to the real supply and demand dynamics of XRP.
Along with the product launch, Bitnomial Exchange, LLC voluntarily dismissed its lawsuit against the U.S. Securities and Exchange Commission (SEC), which was initially filed in October 2024. The company shared:
"Bitnomial is also pleased to announce that yesterday, Bitnomial Exchange LLC filed a notice of voluntary dismissal of its case against the U.S. Securities and Exchange Commission (SEC)."
The lawsuit questioned whether Bitnomial’s XRP futures should be classified as security futures contracts. With the SEC’s evolving stance on crypto assets providing greater clarity, Bitnomial decided to withdraw the case, emphasizing the importance of regulatory certainty for fostering innovation in digital asset markets.
Bitnomial has been broadening its range of physically settled futures, now offering contracts on solana, avalanche, chainlink, bitcoin cash, litecoin, ethereum, polkadot, and hedera. The company detailed:
"Bitnomial’s physically settled futures ensure contracts are delivered in actual XRP upon settlement, distinguishing them from cash-settled alternatives that do not have direct interaction with the underlying asset."
“This structure enhances market integrity and strengthens price discovery by tying derivatives trading directly to XRP’s supply and demand dynamics,” the company added.
CEO Luke Hoersten highlighted the significance of physically settled contracts in reinforcing market transparency, while President Michael Dunn noted that the introduction of XRP futures solidifies Bitnomial’s role as a leader in regulated crypto derivatives trading.
Bitnomial’s announcement of launching the first CFTC-regulated XRP futures contracts came a day after Ripple CEO Brad Garlinghouse revealed that the SEC is dropping its appeal in the company’s long-running lawsuit over XRP.
@ Newshounds News™
Source: BitcoinNews
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Thoughts From Ariel 3-20-2025
Ariel : Do you See How this is Lining up?
3-19-2025
It’s Game Time!
Ripple announced today that the lawsuit has ended.
LMAX Digital announced clients can now access USD (RLUSD) Stablecoin.
Iraq announced that it will launch a digital Iraqi Dinar.
Iraq also just announced that they are ready to resume oil.
Ariel : Do you See How this is Lining up?
3-19-2025
It’s Game Time!
Ripple announced today that the lawsuit has ended.
LMAX Digital announced clients can now access USD (RLUSD) Stablecoin.
Iraq announced that it will launch a digital Iraqi Dinar.
Iraq also just announced that they are ready to resume oil.
Donald Trump announced that April 2nd is liberation day.
Which means countries will be on a even playing field. And one way to do that is the revaluation of currencies.
Do you all see how this is lining up?
Majeed: The parliament agreed to resume oil export next week…. They have to promote the usage of Dinar in major transaction… as the IMF told them The oil export will be done in dinar With the new rate
For Those who thought it was just conjecture. Donald Trump is gearing up for a huge announcement tomorrow regarding cryptocurrency. This is what will move the needle officially. Now we can expect much bigger plans for April 2nd.
Watcher.Guru: BREAKING: SEC officially drops Ripple $XRP lawsuit.
So it begins?
Watcher.Guru: President Trump to speak at the Digital Asset Summit tomorrow
https://dinarchronicles.com/2025/03/20/ariel-prolotario1-do-you-see-how-this-is-lining-up/
*************
Ariel : Why this is a Big Deal for Iraq
We Are Making History: The End of Corruption
Everything Will Be Tracked On Blockchain
What does that mean for you?
1. XRP unleashed. Ripple’s XRP is free from SEC shackles, boosting its credibility as a blockchain bridge for Iraq’s digital dinar, fast-tracking adoption.
2. Gold-Backed Legitimacy. A gold-backed Iraqi stablecoin on XRPL gains trust global markets see it as a real player, not some shaky fiat scam.
3. Parallel Market Gutted. As it should be. Why? Blockchain transparency (like XRPL) tracks every dinar, choking out black-market trades that bleed Iraq’s economy.
4. Corruption in government & banking will be crushed. Immutable ledgers mean no shady officials can cook the books every transaction’s locked, exposed, done.
5. Revaluation rocket launch. A stable, digital dinar tied to gold and blockchain could spike its value investors smell security, not chaos and volatility.
6. The Stablecoin blueprint. Ripple’s win sets a precedent gold-backed stablecoins on XRPL could become the gold standard for other nations.
7. The speed alone kills SWIFT. XRP’s 3-5 second settlements obliterate SWIFT’s days-long lag, making Iraq’s digital dinar a global trade beast.
8. Security will be locked in. Blockchain’s encryption (XRPL’s consensus) shields Iraq’s currency from hacks and fraudstability on steroids.
9. Investor Frenzy: Post-lawsuit, XRP’s surge draws cash to Iraq’s digital pivot revaluation gets a fat war chest.
10. Which means no more middlemen. Direct blockchain transfers cut out corrupt bankers and brokers draining dinar value pure efficiency.
11. This will have global recognition. Ripple’s legal victory signals Iraq’s digital dinar could join the big leaguesgold-backed, blockchain-secured cred.
12. Stablecoin is stability & security along with transparency. XRPL’s proven scalability (1,500+ transactions/sec) means Iraq’s stablecoin won’t crash under pressure rock-solid.
13. The parallel economy dies automatically. Because real-time tracking on blockchain starves out illigal dinar hoarding official rate rules supreme.
14. This is corruption’s endgame people. Smart contracts on XRPL automate payments, no human hands to skim clean system, clean dinar.
15. Iraq’s new era. A revalued, digital, gold-backed dinar on blockchain screams stability war-torn past gets a secure, prosperous future.
Why this is a big deal for Iraq and you as an investor?
Iraq’s parallel market is a shadow economy street hawkers, backroom dealers, and corrupt bankers trading dinars at rates way off the Central Bank of Iraq’s (CBI) official peg.
As of March 2025, the official rate’s stuck at 1,310 IQD per USD, but the streets are slinging it at 1,500-1,600 IQD. That gap’s a $200 billion annual bleed cash siphoned from citizens into the hands of warlords, smugglers, and greasy elites.
How It F***s Iraq:
Inflation’s a b***h prices soar as the real dinar’s gutted by black-market trades.
Foreign reserves drain $70 billion in CBI vaults (Baghdad, Al-Rasheed St, gets swapped for smuggled USD, weakening the dinar’s spine.
Corruption’s king guys like “Haji Qais” (real name Qais al-Khazali, born 1974, militia boss) hoard dinars, manipulate rates, and fund private armies.
This is why it is important for Iraq to adopt a digital currency. And this will give them all the security needed to revalue their currency.
XRPL’s public ledger logs every dinar move timestamp, amount, wallet ID. A corrupt CBI official like “Ali al-Moussawi” (fictional stand-in, real ones exist) can’t skim $5 million to a Dubai account (Emirates NBD, Account without a neon sign flashing his name.
Parallel traders say, a Mosul exchanger can’t dump dinars at 1,600 IQD/USD when the blockchain locks the rate to CBI’s gold-backed 1,310 IQD (or a revalued peg, say 1 IQD = 1 USD). Their hustle’s choked out.
Gold-Backed Muscle. Iraq’s rumored 100-ton gold stash (vault at CBI, Baghdad) backs the digital dinar. One token = X grams of gold, pegged hard. Black-market dinars can’t compete why trade paper trash when blockchain gold’s the real deal? Revaluation spikes could hit 1 IQD = $3 overnight if confidence holds.
Smart contracts on XRPL automate payments oil revenue (Iraq’s $120 billion yearly haul) to citizens, no middlemen. A sheikh in Kirkuk can’t divert $10 million to a Swiss safe (UBS, Account anymore code says “ it’s locked.”
Source(s):
https://x.com/Prolotario1/status/1902375839271964956
https://dinarchronicles.com/2025/03/20/ariel-prolotario1-why-this-is-a-big-deal-for-iraq/
Coffee with MarkZ. 03/20/2025
Coffee with MarkZ. 03/20/2025
Mark has been taken off youtube for a week. So try Rumble and Twitch this week to find him
The rolling chat does not work well on Rumble…so cannot easily post member questions or comments… Notes will be very short this week.
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
Coffee with MarkZ. 03/20/2025
Mark has been taken off youtube for a week. So try Rumble and Twitch this week to find him
The rolling chat does not work well on Rumble…so cannot easily post member questions or comments… Notes will be very short this week.
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: Happy First Day of Spring
Member: Good Morning. Is anyone sad we still are waiting? I am.
MZ: We are supposed to get youtube back tomorrow.
Member: Getting youtube back for the big day?
MZ: That’s the plan.
Member: Mark do you think there’s a chance this could go into April?
MZ: No – I do not. IMO, There is a possibility that exchanges could go into April …just because exchanges could take awhile.
MZ: I do have 3 different groups that have expressed to me their expectations to be processed over the weekend. If this happens it is highly possible to see 4a moving over the weekend . I am hoping for more updates on that one.
Member: Then we in 4b would be in line right behind them
MZ: I already have some wealth managers/redemption folks tell me they are scheduled to work this weekend. They will find out tomorrow morning if they are scheduled to work both days.
MZ: I am chasing updates on CMKX to see if they recently updated the fines and penalties.
Member: Will the Dinar show on FOREX after the revalue?
Member: I wonder- Is the I-DINAR on the Ripple network?
Member: (From Dinar Guru) Mnt Goat Article: “IRAQ CONFRONTS ECONOMIC CRISES WITH THE “DIGITAL DINAR.” THE PARALLEL MARKET IS THREATENED WITH “EXTINCTION.” The Central Bank of Iraq is preparing to launch the digital dinar, marking the transition to digital currency management. I want to add that this is no longer a long-term objective but something they are to do now. I mean now!
MZ: This was huge news a few years ago….When they talk about the digital dinar , it is backed by a physical measure of gold mixed with a basket of currencies from the region and oil or petrochemicals. So Iraq . this is a gold and asset backed digital currency. They will still have cash…physical dinar notes but it will be represented by the digital.
MZ: There were many articles about it at the time…..and they told us exactly what they are doing. I will look for these old articles to share with you.
MZ: In Iraq: “Parliamentary committee: Kurdistan region’s oil exports to start next week.” This is big. We have been waiting for this and the budget tables. Things appear to be coming to fruition this weekend.
Member: if oil is flowing and Iraqs contracts in country are importing material we should be there
MZ: This one is very interesting. “ 146 thousand dinars per $1,000 dollars. Dollar falls significantly in Iraq”
MZ: On the very same day there was another article: “The rise in the price of the dollar against the Iraqi dinar-new economic repercussions”
MZ: There were two conflicting articles running back to back…the rise of the dollar and the fall of the dollar…...this is identical to what we saw in Kuwait and China prior to their value changes. More misdirection to cloud the timing. We saw the same thing in the last few currency revaluations.
Member: is Iraq hiding a rate in the missing gazette document?
MZ: yes. I am hoping we see it over the weekend based on what I am hearing…. I could be wrong. But then so have all the other gurus.. But with groups gearing up over the weekend…..oil exports to resume this weekend…budget tables possible this weekend. There is a whole lot happening right now that points to “done”
StacieZ joins the stream today. Please listen to the replay for her information
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
https://www.twitch.tv/theoriginalmarkz
https://rumble.com/user/theoriginalmarkz
Kick: https://kick.com/theoriginalmarkz
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 DAY! SEE YOU ALL THIS EVENING @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS
https://rumble.com/v6qxpl2-coffee-with-markz.-03202025.html?e9s=src_v1_upp
News, Rumors and Opinions Thursday 3-20-205
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. 20 March 2025
Compiled Thurs. 20 March 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Wed. 19 March 2025 Wolverine: Gold backed currency has started, got told it started yesterday, so more than likely people are being paid in gold asset backed currency, not fiat.
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. 20 March 2025
Compiled Thurs. 20 March 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Wed. 19 March 2025 Wolverine: Gold backed currency has started, got told it started yesterday, so more than likely people are being paid in gold asset backed currency, not fiat.
Wolverine cont…..Hopefully, by the Grace of God we will be celebrating today. Keep an eye on emails. Good that bonds have started. People are getting paid on the bond, happening in Colombia. I have not yet heard from Brazil, and will speak with my Brazilian counterparts to see what they are hearing, and I am sure it will be all good news. Good news from Zurich, like Mike said.
~~~~~~~~~~
Wed. 19 March 2025 Mike Bara: Wolvie was told Columbia is paying out. He’s waiting to hear on Brazil. I have been told Zurich and Reno are paying out. If Reno is paying out, that means Iraq released their codes. If Iraq released their codes, the RV, whatever form it takes, happens within 72 hours (hopefully sooner).
Jen is getting that we should hear overnight. There are lots of connection problems I started getting reports when Wolverine did that things were extremely active in Reno. Exchanging money, money flowing.
Different groups of people from those we were hearing from. Once Reno is paying out, then we are within hours of the Dinar revaluing, but it makes sense in places around that world that are important in the process
. It appears it happening right now. I have been told of people being paid in Zurich, but once Reno is confirmed to be flowing in Reno, we will reval of the Dinar. There is conflicting info that only two currency may be ready Dinar and Vietnam but not sure, we are just being told this. Not sure if this is the way it will happen. I want to tell you to keep in mind, that overnight, we wake up, and the dinar is revalued, and even get the street rate, it will be a blessing for all of us.
Let us not get greedy as all will come to us in time. I have been following this since 2009, and we are as close as we have ever been, but it has never been this exciting. (Listen to audio for complete details).
~~~~~~~~~~
Wed. 19 March 2025 Jen: What we got on Monday is that most paymasters have funds to distribute. They will do so this week. Approximately 90% complete on other tiers.
I asked what needs to happen to release 4B notifications. We need the release of funds to be complete. I said, “When will they do that?” He said, “Tomorrow” (that is today).
Then, if one person is found, notifications to come out on March 19, 2025, we may be a day off on that. I asked today, and got that there is a very good chance that we could get a change in the rate in Iraq tonight, and wake up to notifications.
Either that, or tomorrow night. Either way, we have been moving forward. People are getting paid and we are finishing up the other tiers. There is nowhere else to go but up, people. Have everything ready. Keep an eye on your emails as we are right there.
~~~~~~~~~~
Wed. 19 March 2025 Elaina: I have been tracking a lot of pieces of data for money movements and watching various centers of influence. This morning, I observed 30 private aircraft fly into Reno in very quick succession. Between 900am and 945am PST.
What I did miss this morning ….it just a few moments ago was a US Government Learjet that came in at 830am PST. There was also a higher than normal number of private aircraft that arrived into Zurich in the last 24 hours. Seeing this also matches other pieces of information we are seeing and hearing from other countries. This is a very exciting times.
Based on this… It’s a very safe assessment to share that Tier 4B is about to get notifications. Tier 3 is most likely being 100% finalized full release to push Tier 4B into motion.
~~~~~~~~~~~
Tues. 18 March 2025 Bruce: Three different sources appeared to be in alignment with each other that we should be notified Wed. 19 March, with the 800s coming from Wells Fargo and set our appointments for Thurs. 20 March.
Tues. 18 March 2025 Chase and JP Morgan Bank Screens Show today’s new Dinar and Dong rates. They are still going up in value: Chase & JP Morgan Show IQD $5.23 – Vietnam Dong Soars to $3.89! dinar news today 2025 / RV News
Read full post here: https://dinarchronicles.com/2025/03/20/restored-republic-via-a-gcr-update-as-of-march-20-2025/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat Article: “IRAQ CONFRONTS ECONOMIC CRISES WITH THE “DIGITAL DINAR.” THE PARALLEL MARKET IS THREATENED WITH “EXTINCTION.” The Central Bank of Iraq is preparing to launch the digital dinar, marking the transition to digital currency management. I want to add that this is no longer a long-term objective but something they are to do now. I mean now!
Frank26 IRAQ'S MONETARY REFORM ACCORDING TO DR. SHABIBI DEMANDED SECURITY & STABILITY. DONALD TRUMP & SUDANI PREPARE THE TABLE FOR A NEW EXCHANGE RATE FOR IRAQ! ...It's time to eat. Security and stability is the key of unlocking what we all seek...a new exchange rate to bring purchasing power to their currency. Security and stability is important...Security and stability has a trump card and his name is President Donald Trump. But the security and stability is because Iran is no longer in control of Iraq like they used to be. Security and stability is what's going to bring in the new exchange rate...
(FED IS PUTTING THE FINAL NAILS IN THE US DOLLAR COFFIN), AND STOCKS RISE. UPDATES.
Greg Mannarino: 3-19-2025
It’s Not a Recession, it’s a Collapse
Taylor Kenny: 3-18-2025
We’ve all heard the whispers, felt the unease. The economy, seemingly robust just months ago, now feels like it’s teetering on the edge. But how can this be?
How can a system that appeared so strong suddenly be so fragile? The truth, often obscured by optimistic pronouncements, lies in the foundation itself. For decades, our financial system has been built on shaky ground: unsustainable debt, reckless spending, and artificial market manipulation.
Ignoring these warning signs is no longer an option; it’s time to take control of your financial future before it’s too late.
Many choose to ignore these warning signs, hoping for the best. They trust in the system, believing that the “experts” will avert any impending crisis. However, history teaches us that relying solely on external forces is a recipe for disaster. Waiting for the government or financial institutions to solve the problem is a gamble with your future.
Seeds of Wisdom RV and Economic Updates Thursday Morning 3-20-25
Good Morning Dinar Recaps,
DUBAI LAND DEPARTMENT BEGINS REAL ESTATE TOKENIZATION PROJECT
The Dubai government has started the pilot phase of a project that will convert real estate assets into digital tokens on the blockchain.
The Dubai Land Department (DLD), a government entity responsible for registering, organizing and promoting Dubai real estate, announced that it started the pilot phase of its real-estate tokenization project.
Good Morning Dinar Recaps,
DUBAI LAND DEPARTMENT BEGINS REAL ESTATE TOKENIZATION PROJECT
The Dubai government has started the pilot phase of a project that will convert real estate assets into digital tokens on the blockchain.
The Dubai Land Department (DLD), a government entity responsible for registering, organizing and promoting Dubai real estate, announced that it started the pilot phase of its real-estate tokenization project.
The project was launched in collaboration with the Dubai Future Foundation (DFF) and the Virtual Assets Regulatory Authority (VARA), Dubai’s crypto regulator.
The token launch makes the DLD the first real-estate registration entity in the UAE to implement tokenization on property title deeds.
DLD expects the sector to grow $60 billion by 2033
In the announcement, the DLD said the initiative is expected to drive growth in real estate tokenization. The government agency predicts that its market value could reach over $16 billion by 2033. According to the agency, this represents 7% of Dubai’s total real estate transactions.
DLD Director-General Marwan Ahmed Bin Ghalita said in the announcement that real estate tokenization drives a fundamental change in the sector.
“By converting real estate assets into digital tokens recorded on blockchain technology, tokenization simplifies and enhances buying, selling, and investment processes,” he said.
The official said this aligns with the DLD’s vision to become a global leader in real estate investment and use technology to develop innovative real estate products.
Tokenization to open up Dubai real estate to global investors
Tokinvest co-founder and CEO Scott Thiel said the initiative is a “transformative moment” for the sector. Thiel told Cointelegraph:
“The initiative not only reinforces Dubai’s leadership in blockchain adoption but also paves the way for a more inclusive, liquid, and efficient real estate market.”
The executive working in a VARA-regulated RWA platform told Cointelegraph that DLD’s new project would open Dubai’s real estate market to a global pool of investors.
“Tokenisation is no longer a concept. It’s a reality that will open up Dubai’s real estate market to a global pool of investors like never before,” Thiel told Cointelegraph.
In a previous interview, Thiel told Cointelegraph that the UAE’s proactive regulations paved the way for the country’s real-world asset (RWA) tokenization boom. The executive said there was a genuine desire from government agencies to develop clear guidelines for the sector.
@ Newshounds News™
Source: CoinTelegraph
~~~~~~~~~
BRICS: ANALYST REVEALS IF THE US DOLLAR CAN MAINTAIN ITS DOMINANCE
The BRICS alliance is looking to uproot the US dollar from the world’s reserve currency position. The bloc wants to put local currencies in the top slot and reduce dependency on the greenback. The power struggle has ignited fresh debates about the use of the USD among developing nations. Eastern nations want to tilt power from the West and usher into a new financial era.
The move will shake the foundation of the US dollar and weaken its dominant position in the currency markets. Local currencies are getting stronger in 2025 as the USD is down against all leading currencies this year as the DXY index fell to the 103.2 mark.
BRICS: The US Dollar Will Maintain Its Dominance
Ashishkumar Chauhan, the Managing Director of the National Stock Exchange (NSE) spoke about the US dollar’s prospects. He spoke at a Singapore panel on capitalism and technology highlighting the importance of geopolitics and the global stock markets. He also touched on the subject of de-dollarization where BRICS aims to replace the US dollar with local currencies.
Chauhan stressed that BRICS cannot shake the foundation of the US dollar and it will remain the dominant currency. “After World War II, the US meticulously positioned itself to replace the British pound as the global reserve currency. Today, no other country is ready to take on that role,” he argued.
He explained that leading currencies like the euro and the pound are not strong enough to stand the whiplash of the markets. The Chinese yuan and the Japanese yen also fold under pressure and cannot challenge the USD. Therefore, no matter how hard BRICS tries its hand in de-dollarization, the US dollar will remain the dominant currency.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
$3,000 Gold Is Not The End Of This Story
$3,000 Gold Is Not The End Of This Story
Notes From the Field By James Hickman (Simon Black) March 17, 2025
On November 1, 2023, just as the price of gold reached its record high price of $2,000 per troy ounce, I clearly stated my position that $2,000 gold was just the beginning.
As usual, my argument was grounded in history. Back in the 1960s and 1970s, US government spending soared thanks to the mounting costs of the Vietnam War coupled with incredibly expensive social initiatives dubbed ‘The Great Society’.
The national debt exploded as a result.
$3,000 Gold Is Not The End Of This Story
Notes From the Field By James Hickman (Simon Black) March 17, 2025
On November 1, 2023, just as the price of gold reached its record high price of $2,000 per troy ounce, I clearly stated my position that $2,000 gold was just the beginning.
As usual, my argument was grounded in history. Back in the 1960s and 1970s, US government spending soared thanks to the mounting costs of the Vietnam War coupled with incredibly expensive social initiatives dubbed ‘The Great Society’.
The national debt exploded as a result.
Then, throughout the 1970s, the US suffered an incredibly humiliating withdrawal from Vietnam, complete with a helicopter airlift from the US embassy in Saigon. The Cold War with the Soviet Union was at its peak. Serious trouble brewed with Iran. War broke out in the Middle East.
Civil unrest and ‘mostly peaceful’ protests were also a constant problem in the 1970s, and major cities like New York, LA, and Chicago became synonymous with violent crime.
It was also a time of soaring inflation, weak leadership and political chaos in the US, not to mention rampant criminality in the federal government.
All of this led to a significant loss of confidence in America’s standing on the global stage.
Simply put, the world stopped making sense, and gold became a safe haven from that chaos. That’s why the gold price rose more than 20x over the course of the decade.
When I wrote to you back in late 2023, I described a number of similarities between the 1970s and the 2020s. Chaos and criminality. Weakness and war. Humiliation and inflation. Oh, and that little thing called Covid.
Similarly, the world stopped making sense in the 2020s.
And based on that conclusion, I wrote that $2,000 gold was just the beginning of a much bigger story... and that the price of gold would continue to surge.
It’s not hard to understand why.
Back in late 2023 when I wrote that article, the US national debt was around $33 trillion (it’s up $3+ trillion since then).
The federal government had recently ended its fiscal year (FY23), in which it spent every tax dollar collected just to pay interest on the debt, plus mandatory entitlements like Social Security and Medicare.
100% of US government ‘discretionary’ spending, which includes everything from the military and homeland security, to national parks and federal courts, had to be funded with more debt.
I assumed that this trend of higher spending and higher debt would continue. And it did.
The following year, in FY24, the government spent an unbelievable $1.1 trillion just to pay interest on the national debt— vastly exceeding the defense budget. Plus the FY24 budget deficit increased to more than $1.8 trillion.
So the fiscal situation has only become worse. Not better.
The other issue that I foresaw driving backlash against the dollar was the heavy-handedness of the US government against other nations.
Whenever foreign governments (or even foreign businesses) did things that the US government didn’t like, the Biden administration’s knee-jerk reaction was to impose— or at least threaten— sanctions.
In many respects the only reason that the US government even has the power to sanction other nations is because the dollar is the dominant global reserve currency.
If Costa Rica threatened to sanction other countries, everybody would just laugh... because Costa Rica has no power. But America has enormous power, simply because the rest of the world has to use US dollars for global trade and commerce.
I concluded that, sooner or later, foreign governments would get tired of being pushed around by the US government and start seeking alternatives to the dollar. This is also happening.
One thing that modern history makes very clear is that global monetary regimes tend to reset every few decades.
We can go back to the year 1867 in which the International Monetary Conference in Paris ultimately led to a global gold standard.
This gold standard lasted for a few decades... until World War I broke out. One by one, sovereign governments suspended their gold standards, causing significant disruption to the global monetary regime.
Three decades later, the global financial system was reset at the Bretton Woods Conference which anointed the US dollar as the global reserve currency... on the understanding that the dollar would be backed by gold.
This system lasted for 27 years, when, in 1971, Richard Nixon took the US dollar off the gold standard; this led to a system of “fiat currencies” around the world which were backed by nothing but phony promises from politicians and central bankers.
That system was adjusted once again in the late 1990s in the wake of the Asian financial crisis, and Russia’s sovereign debt default, in which most of the developing world piled into US dollars to hold their reserves. Foreign ownership of US government bonds skyrocketed as a result.
That system has lasted for a few decades— during which period a number of countries (like China) bought up trillions of dollars of US government debt.
Well, we are now witnessing in real time what appears to be another reset in the global financial system. And in some respects, it may even be planned.
The main problems that foreign governments and central banks have against the US dollar— the Treasury Department’s heavy-handedness, the constant threat of sanctions or tariffs, and the unimaginably high levels of debt— are still absolutely present.
And on top of that, this new administration is actively floating what has been dubbed the Mar-A-Lago Accords, i.e. an agreement to force America’s foreign bondholders to reset the financial system.
Just as predicted, all of this uncertainty has been incredibly bullish for gold— primarily because foreign governments and central banks are aggressively seeking an alternative to the US dollar.
At the moment, nobody really knows what the next global financial system will be.
Personally I don’t think the dollar is going to disappear as a reserve currency. But “King Dollar” probably won’t dominate the world— instead perhaps it will be “Earl Dollar” or “Viscount Dollar”, in a mix with other currencies.
No one knows for sure. And that’s why central bankers have been buying gold— because it’s the only asset in which they can have complete confidence. No matter what the new global financial system looks like, gold will continue to have value.
It has been those central banks buying up gold (literally by the metric ton) and pushing prices to record highs.
We said in November 2023 that $2,000 was just the beginning. We’ve just hit $3,000 gold.
I won’t say that is “just the beginning.” But it certainly is not the end to this story.
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
https://www.schiffsovereign.com/trends/3000-gold-is-not-the-end-of-this-story-152316/
“Tidbits From TNT” Thursday Morning 3-20-2025
TNT:
Tishwash: Spanish Fashion Chain to Open First Stores in Iraq
Spanish fashion retail chain Inditex has said it will launch its first stores in Iraq this year.
The announcement in the Group's FY 2024 results is part of a general worldwide expansion.
Inditex did not specify which brands will be introduced to Iraq, but the group includes Zara, Bershka, Massimo Dutti, Oysho, Pull&Bear and Stradivarius.
TNT:
Tishwash: Spanish Fashion Chain to Open First Stores in Iraq
Spanish fashion retail chain Inditex has said it will launch its first stores in Iraq this year.
The announcement in the Group's FY 2024 results is part of a general worldwide expansion.
Inditex did not specify which brands will be introduced to Iraq, but the group includes Zara, Bershka, Massimo Dutti, Oysho, Pull&Bear and Stradivarius. link
Tishwash: Oil exports from Kurdistan Region set to resume next week, confirms Iraqi parliament official
Speaking at a press conference, Halbousi highlighted the progress made in recent discussions, emphasizing that key amendments to the budget law and agreements on export routes through the port of Ceyhan are well underway.
In a significant development for Iraq’s energy sector, Haibat Halbousi, chairman of the Iraqi parliament's oil and gas committee, announced on Wednesday that oil exports from the Kurdistan Region will officially resume next week.
Speaking at a press conference, Halbousi highlighted the progress made in recent discussions, emphasizing that key amendments to the budget law and agreements on export routes through the port of Ceyhan are well underway.
“Our meeting focused on amending the budget law and the resumption of oil exports from the Kurdistan Region through the port of Ceyhan. We will meet with the delegation next week,” he stated.
Officials from the Ministry of Oil, the State Organization for Marketing of Oil (SOMO), and the North Oil Company also confirmed the details, signaling a concrete step toward restoring oil exports from the region.
The Iraqi parliament convened on Wednesday to finalize the necessary measures, underscoring a collective commitment to economic stability and strengthening cooperation between the federal government and the Kurdistan Regional Government.
The long-anticipated resumption of oil exports is expected to bring positive economic impacts, reinforcing Iraq’s role as a key player in global energy markets. link
************
Tishwash: Is the Kurdistan Region turning into a "money exchange" for money smuggled to neighboring countries?
Economic expert Farman Hussein commented on Wednesday (March 19, 2025) on the possibility that the Kurdistan Region could become a "money exchange" for funds smuggled to certain countries, such as Iran, in light of the increasing US economic sanctions on the latter.
"All banks and money transfer companies in the region are currently under the control of the Central Bank of Iraq and linked to the electronic platform, so smuggling from the region is impossible," Hussein told Baghdad Today.
He added, "Kurdistan's banks cannot be a reliable alternative to Iraqi banks, which are subject to US sanctions. These banks are affiliated with political figures and most are dubious and vulnerable to bankruptcy, closure, and sanctions." He emphasized that these banks are not reliable for safekeeping funds.
He pointed out that "smuggling hard currency from the region's banks is difficult, as they, too, are subject to the electronic platform, and money can only be transferred and smuggled to any country through a complex process."
He pointed out that "public money thieves in the region suffer from their inability to transfer funds abroad, forcing them to invest the money in housing projects, commercial buildings, and gas stations instead of depositing it in banks."
The Trump administration has reimposed a "maximum pressure" policy on Iran. The US government says it "seeks to isolate Iran from the global economy and cut off its oil export revenues in order to slow Tehran's development of a nuclear weapon."
Iraq, in turn, was affected by Washington's decision to refuse to renew the temporary waiver granted to Baghdad to purchase gas and electricity from Iran, amid concerns that the Iraqi banking system could be subject to US sanctions. link
Mot: . the Best Part is~~~~
Mot ... Gots a New Car I Dids!!! --- But!! ~~~~
MilitiaMan & Crew-Iraq Dinar News-03/19/2025 SITREP 1.5-Central Bank Enhanced Currency Sterilization-WCO-WTO
MilitiaMan & Crew-Iraq Dinar News-03/19/2025 SITREP 1.5-Central Bank Enhanced Currency Sterilization-WCO-WTO
3-19-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan & Crew-Iraq Dinar News-03/19/2025 SITREP 1.5-Central Bank Enhanced Currency Sterilization-WCO-WTO
3-19-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraq Economic News and Points to Ponder Wednesday Afternoon 3-19-25
Prime Minister: Iraq Is Witnessing A Comprehensive Development Renaissance.
Buratha News Agency1362025-03-19 Prime Minister Mohammed Shia al-Sudani affirmed on Wednesday that Iraq is witnessing a comprehensive development renaissance, while indicating that 323 power stations are under construction and implementation as part of the campaign to rehabilitate distribution networks and install power stations.
In his speech during the launch of the implementation works of the projects to rehabilitate distribution networks and install power stations via a closed-circuit television, the Prime Minister stated that "the start of work on rehabilitating electricity distribution networks in various governorates comes within the framework of the largest campaign to resolve power grid bottlenecks in preparation for the summer of 2025."
Prime Minister: Iraq Is Witnessing A Comprehensive Development Renaissance.
Buratha News Agency1362025-03-19 Prime Minister Mohammed Shia al-Sudani affirmed on Wednesday that Iraq is witnessing a comprehensive development renaissance, while indicating that 323 power stations are under construction and implementation as part of the campaign to rehabilitate distribution networks and install power stations.
In his speech during the launch of the implementation works of the projects to rehabilitate distribution networks and install power stations via a closed-circuit television, the Prime Minister stated that "the start of work on rehabilitating electricity distribution networks in various governorates comes within the framework of the largest campaign to resolve power grid bottlenecks in preparation for the summer of 2025."
He added that "323 power stations are currently being built and implemented as part of this campaign," noting that "the government is working according to a well-thought-out technical plan, independent of any investment from political or societal entities."
He also explained that "the government has made significant efforts in the energy production sector and is seeking to diversify its sources to ensure the stability of the country's electricity system."
The Prime Minister concluded by stressing that "Iraq is witnessing a comprehensive development renaissance." https://burathanews.com/arabic/news/457789
The Central Bank Of Iraq Explains The Reasons For The Decline In Its Foreign Reserves During The Third Quarter Of 2024.
Wednesday, March 19, 2025, | Economic Number of reads: 169 Baghdad / NINA / The Central Bank of Iraq announced, on Wednesday, a decline in its foreign exchange reserves during the third quarter of 2024, explaining the reasons that led to this decline.
The bank stated in a report that "Iraq's foreign exchange reserves decreased by 0.52% during the third quarter of 2024, reaching 143.35 trillion dinars, compared to the same period in 2023, when reserves amounted to 144.10 trillion dinars."
The bank attributed this decline to "the Central Bank's resort to withdrawing cash liquidity from the market by strengthening cash sterilization operations, as part of its efforts to maintain monetary stability."
The report added, "As a result of these measures, cash receipts increased from 18.46 trillion dinars to 20.09 trillion dinars during the same period."
It also indicated that "the decline in oil prices from $82.2 to $77.3 during the same period was another factor in the decline in foreign reserves."
The bank explained that "the increase in receipts led to the depletion of a portion of net foreign reserves, and the issued currency increased from 100.06 trillion dinars to 104.13 trillion dinars, as a result of the increase in public spending, which in turn led to an increase in public debt."
The central bank stressed that "despite this decline, it still has large net foreign reserves compared to the money supply, which makes it in a relatively safe position, according to global financial standards that set the minimum at 20%." https://ninanews.com/Website/News/Details?key=1192853
Telecommunications Announces The Imminent Launch Of An E-Commerce Platform In Iraq.
Local | 03/19/2025 Mawazine News – Baghdad The Ministry of Communications announced on Wednesday the preparation of the infrastructure and warehouses for the opening of branches of international e-commerce companies in Iraq, while indicating the imminent launch of an e-commerce platform in Iraq.
The Director General of the General Company for Postal and Savings Services at the Ministry of Communications, Zainab Abdul Sahib, said: “Plans have been made for the year 2025, after we have established the basic infrastructure.
Planning began in 2023, starting with this government, towards transforming the postal services into automated services (digital transformation) to keep pace with the development taking place in countries around the world.”
Regarding e-commerce, Abdul Sahib explained that “there is an effort to bring Amazon and Shein to open branches in Iraq, not as agents. The land, infrastructure, and warehouses have been prepared near the airport,” noting that “the effort is to have an e-commerce platform in the near future, which is currently being analyzed and referred.” https://www.mawazin.net/Details.aspx?jimare=260243
The Prime Minister's Advisor Calls For Encouraging Investments And Improving The Business Environment In Iraq.
Time: 2025/03/19 Read: 1,185 times {Economic: Al Furat News} The Prime Minister's advisor for financial affairs, Mazhar Muhammad Salih, called for focusing on economic development programs and encouraging local and foreign investments by providing tax incentives and improving the business environment.
Saleh also pointed out in a statement to Al Furat News Agency the importance of launching development projects that contribute to creating job opportunities, especially for young people, with the aim of reducing unemployment and poverty.
These projects include the Riyada Project and the Riyada Bank, in addition to activating the activities of the Iraq Development Fund and the Sovereign Guarantees Committee to finance strategic industrial projects.
Saleh emphasized the need to strengthen social protection programs to mitigate the repercussions of economic crises on the poor. These programs are managed with high professionalism, contributing to building buffers that protect the national economy from regional influences and tensions. LINK
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Wednesday Evening 3-19-25
Good Evening Dinar Recaps,
BITNOMIAL SET TO LAUNCH CFTC-APPROVED XRP FUTURES ON MARCH 20, WITHDRAWS SEC LAWSUIT
The decision comes following the SEC dropping its lawsuit against Ripple on the XRP case.
Bitnomial will launch its CFTC-approved XRP futures contracts on March 20 and drop its lawsuit against the US Securities and Exchange Commission.
Good Evening Dinar Recaps,
BITNOMIAL SET TO LAUNCH CFTC-APPROVED XRP FUTURES ON MARCH 20, WITHDRAWS SEC LAWSUIT
The decision comes following the SEC dropping its lawsuit against Ripple on the XRP case.
Bitnomial will launch its CFTC-approved XRP futures contracts on March 20 and drop its lawsuit against the US Securities and Exchange Commission.
The firm said its decision to withdraw its lawsuit was driven by the regulator’s move to abandon legal action against Ripple.
According to the March 19 announcement, the contracts will be physically settled, providing a new regulated trading instrument for institutional and retail investors’ exposure to XRP.
Regulatory improvement
Bitnomial clients will gain access to XRP futures immediately at launch. In contrast, prospective clients can onboard through Futures Commission Merchant (FCM) partners, including R.J. O’Brien and Associates, Marex Capital Markets, and Bitnomial Clearing.
The introduction of these contracts follows the broader trend of increased regulatory clarity in the crypto sector, particularly as legal developments reshape the landscape for digital assets.
One such development was Ripple’s decisive victory against the SEC. The regulator formally dropped its appeal in the long-standing legal battle over XRP’s classification. Ripple CEO Brad Garlinghouse confirmed the resolution on March 19, calling it a significant moment for the industry.
Initiated in December 2020, the case accused Ripple of conducting unregistered securities sales worth $1.3 billion. A key ruling in August 2024 determined that XRP is not a security when traded on public exchanges, although penalties were upheld for institutional sales.
The ruling ordered Ripple to pay $125 million in penalties, significantly lower than the SEC’s original demand of nearly $2 billion.
The regulator and Ripple appealed the decision, with the SEC ultimately deciding to let go of its appeal. However, Ripple’s appeal to avoid the fine and clear XRP’s status as security on institutional sales is still up.
Bitnomial ends lawsuit against SEC
In tandem with the launch of its XRP futures, Bitnomial announced it has voluntarily dropped its lawsuit against the SEC.
The firm had sued the regulator in October 2024 over jurisdictional disputes concerning futures contracts based on XRP’s price.
Bitnomial initially filed for its XRP futures product in August 2024 after the federal ruling that XRP is not a security, challenging the SEC’s stance on overseeing XRP derivatives.
The firm’s decision to dismiss its case is based on the shifting regulatory environment and improving clarity regarding digital asset classification.
@ Newshounds News™
Source: CryptoSlate
~~~~~~~~~
PRESIDENT TRUMP TO SPEAK AT DIGITAL ASSETS SUMMIT TOMORROW
President Donald Trump will make history as the first sitting U.S. president to speak at a Bitcoin and crypto conference, delivering remarks at Blockworks’ Digital Asset Summit (DAS) in New York City tomorrow.
President Donald Trump is expected to deliver a speech at Blockworks’ Digital Asset Summit (DAS) in New York City on March 20. This will be the first time a sitting U.S. president has addressed a Bitcoin and crypto conference, highlighting the growing influence of digital assets in mainstream financial policy.
Although this marks his first speech as a sitting president at a crypto event, Trump has previously engaged with the Bitcoin community, having spoken at the world’s largest Bitcoin conference in Nashville last summer while on the campaign trail. His return to the stage now as president further highlights the continued support from the U.S. government on Bitcoin.
Trump’s speech at DAS comes only a couple weeks after moving forward with officially integrating Bitcoin into his national strategy, when he signed an executive order establishing the U.S. Strategic Bitcoin Reserve, positioning BTC as a key asset for the country’s financial future.
Joining the lineup tomorrow at DAS is Strategy’s Michael Saylor, who will deliver a keynote speech and engage in a fireside chat with Bitcoin historian Pete Rizzo.
Additionally, Bloomberg ETF analyst James Seyffart will host a panel discussion with BlackRock’s Head of Digital Assets Robbie Mitchnick and Nasdaq’s Head of U.S. Equities & Exchange-Traded Products Giang Bui, where they will delve into the evolving landscape of Bitcoin ETFs and institutional adoption.
The announcement of Trump’s participation follows remarks from Bo Hines, Executive Director on Digital Assets for President Trump, who spoke earlier this week at DAS. Hines reaffirmed the administration’s commitment to accumulating Bitcoin for the Strategic Bitcoin Reserve, stating:
“I think it’s high time that our President started accumulating assets for the American people, which is what President Trump is doing rather than taking it away.”
He also emphasized the administration’s approach to acquiring Bitcoin in budget-neutral ways, likening BTC accumulation to gold reserves:
“You know, I’ve been asked all the time, it’s like how much do you want? Well, that’s like asking a country how much gold do you want – as much as we can get."
Trump’s executive order has already sparked legislative action aiming to build on this momentum. Senator Cynthia Lummis and Congressman Nick Begich have each proposed plans for the U.S. to acquire 1 million BTC over the next five years, ensuring a long-term reserve of the scarce asset.
Earlier today at DAS, House Majority Whip and Congressman Tom Emmer stated that he believes this legislation will be enacted “before this congress is done.”
@ Newshounds News™
Source: Bitcoin Magazine
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps