Iraq Economic News and Points to Ponder Monday Afternoon 4-7-25

Central Bank: We Are Ready To Implement The Banking Sector Reform Plan.
 
Monday, April 7, 2025 13:21 | Economic     Number of readings: 202  Baghdad / NINA / The Central Bank of Iraq confirmed its readiness to implement the banking sector reform plan.

Central Bank Governor Ali Al-Alaq said in a speech at the Banking Sector Reform Conference: 
"Investments in research and development in the field of artificial intelligence must be increased."  He added:  "Digital currencies could reshape the traditional banking system."  https://ninanews.com/Website/News/Details?key=1196153 

The Central Bank Denies Stopping The Supply Of Dollars To Travelers.

April 06, 2025   The Central Bank of Iraq denies circulating news (about halting the supply of dollars to travelers at the official exchange rate of 1,320 dinars to the dollar), confirming that  the decision is still in effect and that the suspension is false.

The Central Bank states that  the process of supplying travelers with dollars       is proceeding regularly and smoothly,   according to an advanced electronic system operated by companies and banks at all Iraqi airports,
 
especially after the implementation of new mechanisms that enabled travelers to receive their shares of foreign currency (dollars) according to sound transactions, facilitating their faster access to dollars and eliminating the negative phenomena practiced by speculators.
 
The Central Bank of Iraq reserves the legal right to prosecute those who spread rumours aimed at destabilising the currency and creating opportunities for speculation.  Central Bank of Iraq  Media Office  April 6, 2025  https://cbi.iq/news/view/2838

Government Advisor: 95 Trillion Dinars Stored Outside the Banking System

Economy     04-05-2025, 1:44 PM  Baghdad – INA – Amna Al-Salami   Adviser to the Prime Minister, Mazhar Mohammed Salih, confirmed today, Saturday, that the  widespread use of digital payment systems provides loans to citizens at lower costs.

He explained that  95 of the 109 trillion dinars are stored outside the banking system. 
Adviser to the Prime Minister, Mazhar Mohammed Salih, told the Iraqi News Agency (INA):
 
"The positive steps in activating e-commerce are consistent with one of its objectives, as 
the government and the Central Bank seek to integrate hoarded funds in households (cash leakage, as it is known) into the banking system, which contributes to    strengthening the national economy and
achieving financial stability."  He pointed out that  "the Monetary Authority has previously prepared controls and registration procedures to   obtain a license to practice this trade, in a coordinated manner that contributes to   regulating the market and enhancing consumer confidence." 

He added,  "The steps taken by the government and the Central  Bank to enhance confidence and  and activate e-commerce are consistent with the launch of digital transformation projects.

This has been the case since the Central Bank announced the launch of strategic projects to support digital transformation, including the  
     instant payments project,
     local cards, and
     unified payment gateways,   
all of which aim to 
     enhance financial inclusion and
     facilitate digital banking operations." 

 He pointed out that "all measures to    address information technology and  integrate it into digital payment systems  are consistent with the   development of the country's digital renaissance, the  financial culture of society, and the   development of monetary behavior  in relation to inherited customs, traditions, and cultures.
 
Hoarding money at home instead of depositing it in banks remains a prominent economic challenge in Iraq."  He explained, "Estimates indicate that approximately 87% of the money supply, or  
approximately 95 trillion dinars out of a total of 109 trillion dinars, is held outside the banking system, 
preventing a large portion of the national wealth from effectively participating in the economy."

He explained that "the more digital payment systems are used, including e-commerce, the 
     more efficient banking activity becomes and the     fewer leakages outside of banks.
 
This gives official and licensed banking units the greatest opportunity to     grant more credit or
     lend to citizens at a lower cost and with greater efficiency, thanks to the often low interest rate." He noted that "the parallel market for usurers, which
 
     deals with funds in circulation or hoarded outside the banking system, is a  very dangerous,  illegal, and  costly market for citizens and the national economy when it comes to   credit transactions or  lending at very high usurious interest rates, or what is known as the usurers' market.
 
This is due to the opaque nature of its operations, in addition to the fact that some of its activities conflict with the Anti-Money Laundering Law due to the   lack of transparency in financing, the  absence of governance elements, and the accompanying risks of trading and recovery."   https://www.ina.iq/231404--95-.html 

Advisor to the Prime Minister Reveals Plan to Merge Rafidain and Rasheed Banks
 
Economy     Yesterday, 6:26 PM  Baghdad – INA  Advisor to the Prime Minister and Executive Director of the Reform Management Cell, Amer Al-Adhadh, revealed plans to merge Rafidain and Rasheed Banks.
 
While addressing the government's achievements in the field of economic reforms,
he explained the contents of the "House of Reform" project and its importance to the investment portfolio.

He also outlined the contents of the draft law on public-private partnerships, which aims
to enhance the investment environment in Iraq.
 
Al-Adhadh told Al-Shabaka magazine, as reported by the Iraqi News Agency (INA), in his discussion of the  "House of Reform" project, "This project is not merely a government program, but rather 
a comprehensive roadmap aimed at achieving sustainable development through interconnected objectives,one of which is activating human capital and enhancing national competencies." 

He added,  "Economic reforms cannot succeed without an investment-attractive legal and regulatory environment, which is what the government is working to achieve through this project."
 
Regarding cooperation with the World Bank, Al-Adhadh stated, "The World Bank commended the reforms implemented by the Iraqi government,including the  "House of Reform" policies that support sustainable development.
 
Cooperation focuses on   supporting financial reforms,  providing technical advice, and   financial assistance to     enhance the stability of the Iraqi economy and  improve financial governance systems." 
 
Al-Adhadh also noted that "the government has made significant progress in preparing the draft law on public-private partnerships, which is an essential part of the government's program.
 
This partnership aims to enhance cooperation between the government and the private sector, particularly in infrastructure, transportation, and energy projects, contributing to stimulating the national economy and achieving sustainable development."
 
Regarding the restructuring of the banking sector, Al-Adhadh revealed a plan to merge Rafidain and Rasheed Banks into a single entity with the aim of  
     improving Iraq's credit rating and  increasing international confidence in the banking sector.

 He noted that an international consulting firm has been commissioned to oversee the merger process, which includes   improving financial and administrative performance and     developing digital infrastructure.
 
The Prime Minister's advisor also addressed the issue of economic diversification, stressing that
 
"the government has achieved a significant increase in non-oil revenues, which is 
an important achievement within the strategy to diversify sources of income." He noted that  
"the government is focusing on   improving tax administration,  developing customs duties, and
     stimulating investment in non-oil sectors such as  industry,   agriculture,  tourism, and  technology, 
to ensure the sustainability of these revenues." 

Al-Adhadh emphasized that  "the economic reforms implemented by the government contribute to strengthening the investment environment and achieving sustainable economic growth, ensuring Iraq has a stronger and more diversified financial future."    https://www.ina.iq/231484--.html 

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

Seeds of Wisdom RV and Economic Updates Monday Evening 4-7-25

Good Evening Dinar Recaps,

THE FUTURE OF FINANCE – HOW TOKENIZATION IS RESHAPING GLOBAL MARKETS

Introduction – The dawn of a new financial era

The financial industry is undergoing one of the most transformative shifts in history, fueled by blockchain technology and digital assets.

Among these advancements, tokenization stands out as a game-changer, poised to revolutionize asset ownership, investment accessibility and global liquidity.

But how exactly is tokenization reshaping the financial markets, and what does the future hold for investors? Let’s explore.

Understanding tokenization in finance

Tokenization refers to the process of converting RWAs (real-world assets) – such as real estate, stocks, commodities or even fine art – into digital tokens on a blockchain.

These tokens represent fractional ownership of an asset, allowing for secure, transparent and efficient trading without the need for traditional intermediaries.

This concept is not entirely new, but recent advancements in blockchain infrastructure have made tokenized assets more viable than ever.

The key benefits include the following.

▪️Increased liquidity – Tokenized assets can be traded 24/7, providing liquidity to traditionally illiquid markets like real estate.
▪️Fractional ownership – Investors can own a portion of high-value assets, lowering entry barriers and democratizing investment opportunities.
▪️Security and transparency – Blockchain ensures that transactions are immutable, reducing fraud and enhancing investor confidence.
▪️Faster settlement times – Traditional financial settlements can take days, whereas blockchain-based transactions are nearly instantaneous.

Industries leading the tokenization movement

Tokenization is disrupting multiple industries, from real estate to fine art and beyond.

Here are some notable examples.

1. Real Estate

Property tokenization allows investors to purchase fractional ownership in high-value real estate properties.

Companies like RealT and Lofty AI are already leveraging blockchain to make real estate investment more accessible.

2. Stock markets

Stock exchanges are exploring tokenized securities, which could enable global 24/7 trading without intermediaries.

For instance, the Swiss SDX (SIX Digital Exchange) has introduced tokenized bonds and equities.

3. Commodities and precious metals

Gold-backed tokens – such as Paxos Gold (PAXG) and Tether Gold (XAUT) – provide a digital alternative to physical gold investments with seamless global trading.

4. Alternative assets – Art, collectibles and IP rights

Platforms like Masterworks enable investors to own shares of high-value artwork, turning exclusive assets into tradable digital securities.

Challenges and regulatory landscape

Despite its advantages, tokenization still faces regulatory hurdles. Financial authorities worldwide are grappling with how to classify and oversee tokenized assets.

Will they be treated as securities? How will taxation and investor protections evolve?

The answers will shape the trajectory of this revolutionary technology.

The future of tokenized finance

As institutional investors warm up to digital assets, tokenization is likely to become a mainstream financial instrument.

In the coming years, we can expect the following.

▪️More government-backed tokenized assets – e.g., CBDCs (central bank digital currencies)
▪️Integration with traditional finance – hybrid models combining blockchain and conventional banking
▪️Wider adoption in emerging markets, where access to traditional banking is limited

Conclusion – Are we ready for the tokenized economy

Tokenization is no longer a futuristic concept – it’s happening now.

The next decade will likely see a profound shift toward digitized financial systems, with blockchain at the core. Investors, institutions and regulators must collaborate to ensure a secure, scalable and inclusive financial ecosystem.

@ Newshounds News™
Source:  DailyHodl

~~~~~~~~~

US PRESIDENT TRUMP THREATENS ADDITIONAL 50% TARIFFS ON CHINA

US President Donald Trump is threatening an additional 50% tariff on China if Bejing doesn’t remove its retaliatory duties on US exports. The latter brought its own 34% tariff increase on the United States in response to Trump’s tariff announcement last week. Trump says he will implement the additional 50% tariff if China’s duties aren’t lifted by April 8.

Global stock markets, especially in the US, are being heavily hit on Monday, thanks to Trump’s tariffs. U.S. markets opened sharply lower Monday for a third trading session, as Trump’s tariffs paralyze global trade and investment. Asian markets also plunged overnight, with stock indexes in Singapore, Australia, Japan, South Korea, and India all suffering losses.

Trump Threatens More Tariffs

In a post to his Truth Social account, Trump said the following about new tariffs for China:

“Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set.

Therefore, if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th. Additionally, all talks with China concerning their requested meetings with us will be terminated!”

Today, the White House also dismissed a wire headline that said Trump is considering pausing new tariffs for 90 days. Several economic experts and billionaires say that the new Tariffs from the US threaten a recession that could last for years. Further, the tariffs could even spur more enemies for the US, with more than just China being hit hard.

European Union President Ursula von der Leyen said the EU is willing to negotiate tariffs with the U.S. However, von der Leyen also said the bloc will prepare to retaliate similarly to China. 

With threats of a recession and potential economic battles between the US and other world powers, many suggest that the US tariffs are backfiring. Experts aren’t surprised, though, as threats of such an event happening were raised when Trump first brought around Tariff talks in his first presidency.

The White House has yet to comment on Trump’s social media post claiming an additional 50% tariff on China.

@ 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

Some “Iraq News” Posted by Clare at KTFA 4-7-2025

KTFA:

Clare:  Nechirvan Barzani arrives in Abu Dhabi on an official visit

4/7/2025

The President of the Kurdistan Region, Nechirvan Barzani, arrived in Abu Dhabi, UAE, on Monday, on an official visit.

Nechirvan Barzani headed to the United Arab Emirates this morning on an official visit, where he will meet with President Sheikh Mohammed bin Zayed Al Nahyan .

According to a statement issued by the Kurdistan Region's Presidency and received by Shafaq News Agency, the two presidents will discuss cooperation relations between the UAE, Iraq, and the Kurdistan Region, in addition to the latest developments in the region and a number of issues of common interest. LINK

Clare:  Al-Sudani announces a 128% increase in customs revenues and a 22% increase in tax revenues.

4/7/2025

Iraqi Prime Minister Mohammed Shia al-Sudani announced on Monday that customs revenues increased by about 128% and tax revenues by about 22%, higher than previous years. He also expressed the government's readiness to support all local and international entities, institutions, and companies to develop the banking sector and achieve financial stability.

This came during his sponsorship of the Iraqi Banking Sector Reform Conference, where Al-Sudani commended the efforts that contributed to the conference, commending the visions and ideas for developing the Iraqi banking sector, and the pursuit of sustainable development and strengthening Iraq's economic standing regionally and internationally.

Al-Sudani also praised the efforts of the Central Bank, banks, and teams from international and local consulting firms, according to a statement issued by his media office and received by Shafak News Agency.

Al-Sudani noted that the government assumed responsibility during a complex economic climate that required measures to ensure growth. He reviewed key achievements in the financial and economic sectors, stating that the three-year budget allowed for the development of a long-term financial plan to secure resources for vital sectors, including improvements to the tax and customs systems and maximization of non-oil revenues.

He added that customs revenues increased by 128%, and tax revenues by 22%, noting the launch of ambitious projects to reform the government banking system and enhance its service delivery capabilities.

Al-Sudani explained that the government had issued decisions to restructure the Rafidain, Rashid, Industrial, and Agricultural banks in cooperation with an international consulting firm. The government also strengthened the electronic payment infrastructure and established partnerships with financial technology companies.

He explained that financial inclusion has exceeded 40%, compared to 10% two years ago, with the updating of e-commerce and payments laws and the organization of awareness campaigns on digital payments.

He pointed to the support for small and medium-sized enterprises, which contributes to job creation, stressing that banking reforms constitute a fundamental pillar of the government's program, including a partnership with the Central Bank on strategic reforms aimed at keeping pace with international developments and expanding banking partnerships.

Al-Sudani concluded by affirming the government's readiness to support all stakeholders, achieving tangible results in developing the banking sector and expanding its projects.

The Central Bank of Iraq announced reform plans on Monday aimed at modernizing the Iraqi private banking sector and building a robust, modern, and resilient banking sector that will drive economic growth and enhance financial inclusion.  LINK

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

Clare:  Al-Alaq: Digital currencies will contribute to reshaping the traditional banking system.

4/7/2025

 Central Bank Governor Ali Al-Alaq confirmed on Monday that digital currencies will contribute to reshaping the traditional banking system.

 In a speech at the Iraqi Banking Sector Reform Conference, Al-Alaq said, "The Central Bank aims to achieve a developed economy," stressing that "investment in research and development in the field of artificial intelligence must be increased."

He added that "digital currencies could reshape the traditional banking system," noting that "the Central Bank has announced its readiness to implement a plan to reform the banking sector."   LINK

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

Clare: Parliamentary Finance Committee: Launching the banking reform plan is the beginning of economic reform.

4/7/2025 - Baghdad

 Parliamentary Finance Committee Chairman Atwan al-Atwani affirmed on Monday that the launch of the banking reform plan is the beginning of reforming the Iraqi economy.

 In a speech at the Iraqi Banking Sector Reform Conference, attended by an Al-Eqtisad News correspondent, Al-Atwani said, "Developing the banking sector is a fundamental pillar for developing the Iraqi economy beyond oil revenues."

 The head of the Finance Committee called for "diversifying revenue sources to cover the financial deficit."

He pointed out that "the reform and development process must be accompanied by engagement with international banks to regulate foreign remittances."

He stressed that "unofficial border crossings cause a waste of public money."   LINK

Clare:  Launching a private banking reform plan in partnership with Iraqi and international institutions.

4/7/2025 - Baghdad

The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced the launch of a comprehensive plan to reform private banks, in partnership with local and international institutions. He emphasized that the next phase will witness a qualitative shift in the nature of banking services, based on innovation and digital transformation.

During the Iraqi Banking Sector Reform Conference, which was attended by an Al-Eqtisad News correspondent , Al-Alaq said that Iraqi banks have made significant strides in developing their banking services, but they are required to further embrace modern technology. He emphasized that artificial intelligence must be at the core of future investments in the banking sector.

He added: "The world is witnessing a broad transformation in the financial structure and banking systems, which requires traditional banks to keep pace with this radical change by offering innovative services that meet customer aspirations amidst the tremendous technological acceleration."

The Central Bank Governor indicated that digital currencies will play a vital role in accelerating payment and money transfer transactions, requiring banks to develop their digital infrastructure.

He also noted that central bank digital currencies (CBDCs) could reshape the global banking landscape, adding: “Successful banks of the future will be those that embrace digital transformation tools and integrate artificial intelligence into their daily operations.  LINK

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

Clare:  The Central Bank of Iraq sets regulations for the international use of bank cards. Document

4/7/2025

 The Central Bank of Iraq issued a new circular containing regulations for the use of bank cards (credit, debit, and prepaid) outside Iraq. This circular aims to strengthen oversight of international transactions and ensure the safety of future growth in international settlement payments.

The circular, dated Monday, April 7, 2025, and received by Shafaq News Agency, stated that the new cards will be activated for use outside Iraq 30 days after their issuance date. The relevant authorities will later be provided with lists of relevant merchant categories (MCC Codes) within the specified controls.

The Central Bank confirmed the suspension of these rules effective April 20, 2020, with the possibility of reviewing them periodically to support the sustainable growth of international settlement payments. 

He also noted that the current limits on international transactions involving prepaid cards, whether issued by banks or payment service companies, will remain in effect.

On the other hand, the circular clarified that travelers will continue to receive their foreign currency (dollars) at the official Central Bank rate, in accordance with the procedures adopted within the current e-governance system.

The bank confirmed in its circular that the new limits aim to regulate the use of payment cards issued by Iraqi banks, including debit and credit cards, according to the following categories:

Retirees: $10,000 per month or equivalent.

Travel: $20,000 per month or equivalent, including airfare, hotel reservations, and car rentals.

Treatment outside Iraq: $50,000 per month or equivalent.

General uses outside Iraq: $5,000 per month or equivalent.

He added that the maximum limit for using merchant bank cards outside Iraq will be $20,000 per month or its equivalent.

He also indicated that the new cards (debit, credit, and prepaid) for international use will be activated 30 days after their issuance date, with these rules to be implemented starting April 8, 2025, and to be reviewed periodically to support the growth of international payments.

The bank explained that it will later provide the relevant authorities with the merchant category codes (MCC codes) associated with these regulations, while the current ceilings for prepaid cards issued by banks or payment service providers will remain in effect.

The Central Bank sent a copy of the circular to a number of entities, including the Banking Supervision Department, the Non-Banking Financial Institutions Supervision Directorate, government and private banks, branches of foreign banks operating in Iraq, and electronic payment service companies, urging them to adhere to the aforementioned regulations.

1744019864709_Using Cards Internationally. LINK

Markets Crash, Debt Explodes: Why 2008 Was a Warm-Up for 2025

Markets Crash, Debt Explodes: Why 2008 Was a Warm-Up for 2025

Daneila Cambone:  4-7-2025

“It goes far beyond just a correction. It's the entire global debt-based system that's at risk in my opinion,” says Tim Wood, CPA and publisher of market newsletter Cycles News & Views.

 In an interview with Daniela Cambone, Wood introduces his long-term economic cycle research, explaining that historic market cycles—from the Panic of 1819 to the Dot-Com bubble—have consistently followed a pattern of boom and bust.

 However, he identifies the post-2002 era as uniquely precarious: unlike previous cycles fueled by real economic innovation, this one relies heavily on government debt and stimulus with no solid economic underpinning.

If the third decline “bites,” it could trigger a deflationary spiral similar to the Great Depression, warns Wood.

 Watch the interview to see how you can better protect your wealth in precarious times."

Chapters:

00:00 Cycles

11:02 Debt infused system

 14:21 Reset 16:40 3rd downturn

18:50 Saving or exit?

19:41 Gold

 22:45 Equity market

24:23 The Great Taking

26:49 Importance of cycles

 29:05 Takeaway

 31:04 Economic downturn

32:40 U.S. debt

https://www.youtube.com/watch?v=NLJSdVp0Wqo

Iraq Economic News and Points to Ponder Monday Afternoon 4-7-25

An Economic Expert Told Al Furat News: Iraq's Hoarding Of Gold Will Spare It The Risks Of Customs Duties.

Time: 2025/04/07 20:08:16 Reading: 210 times  {Economic: Al Furat News} Economic expert Basem Jamil Antoine believes the US move to impose tariffs represents a financial and economic coup that will have a direct impact on the global economy, given the United States' economic and military capabilities.

In a statement to Al Furat News Agency, Antoine pointed out the direct impact of these policies on gold prices, which are considered an alternative to the dollar and the euro for hoarding.

Regarding Iraq, he stated that the Iraqi dinar faces challenges in this context, as land and real estate cannot be directly acquired due to time and tax procedures.

He pointed out that the growing global demand for gold will lead to a significant rise in its prices in the coming period, especially as countries shift towards precious metals.

Regarding Iraq, Antoine explained that the country has accumulated significant quantities of gold, placing it third or fourth in the Arab world in terms of gold reserves.   LINK

Gold Prices Fall To Their Lowest Level In More Than Three Weeks

Economy | 09:16 - 04/07/2025  Mawazine News – Baghdad  Prices were affected by a broad sell-off in global markets, amid growing fears of an economic recession due to escalating trade tensions between the United States and China.

Spot gold fell 0.3% to $3,027.90 per ounce, after falling more than 1% earlier in the session, its lowest level since March 13.  https://www.mawazin.net/Details.aspx?jimare=260607

Iraqi Markets Traded More Than 555 Million Shares At This Value

Stock Exchange  Economy News – Baghdad  Iraq's stock market traded more than 555 million shares during Monday's trading session.  The value of traded shares amounted to more than 741 million dinars, traded in 561 transactions.  The ISX 60 index fell to -0.44% from yesterday's session, Sunday.

https://economy-news.net/content.php?id=54189

Exchange Rates Hit 149,000 Dinars Per $100 In Baghdad

Economy | 05:04 - 04/07/2025   Mawazine News – Baghdad  The US dollar exchange rate against the Iraqi dinar remained volatile as trading closed on the Al-Kifah Stock Exchange.

Exchange offices recorded a selling rate of 149,000 dinars for $100, while the buying rate reached 147,000 dinars for $100.

This disparity has left most local markets in a state of stagnation for a long time, affected by the rising US currency exchange rate.  https://www.mawazin.net/Details.aspx?jimare=260619

Parliamentary Finance Committee: Launching The Banking Reform Plan Is The Beginning Of Economic Reform

Banks   Economy News – Baghdad  Parliamentary Finance Committee Chairman Atwan al-Atwani affirmed on Monday that the launch of the banking reform plan is the beginning of reforming the Iraqi economy.

In a speech at the Iraqi Banking Sector Reform Conference, attended by an Al-Eqtisad News correspondent, Al-Atwani said, "Developing the banking sector is a fundamental pillar for developing the Iraqi economy beyond oil revenues."

The head of the Finance Committee called for "diversifying revenue sources to cover the financial deficit."

He pointed out that "the reform and development process must be accompanied by engagement with international banks to regulate foreign remittances."  He stressed that "unofficial border crossings cause a waste of public money."   https://economy-news.net/content.php?id=54179

The Central Bank announces a comprehensive reform project for the private banking sector

Economy |  04/07/2025  Mawazine News – Baghdad  The Central Bank of Iraq (CBI) unveiled reform plans aimed at modernizing the Iraqi private banking sector and building a robust, modern, and resilient banking sector that drives economic growth and enhances financial inclusion, in partnership with Oliver Wyman Consulting.

The plans include strengthening and deepening financial inclusion in Iraq, raising the efficiency and productivity of the private banking sector, and creating a fair and healthy competitive environment in the market, while enhancing the sector's resilience and ability to withstand risks.

According to a CBI statement, this project will contribute to enhancing the protection of depositors and creditors, while financial education campaigns will help restore confidence in dealing with banks.

Payment systems will be modernized to facilitate efficient and reliable transactions for both businesses and individuals, in addition to expanding the financial infrastructure, including increasing the network of branches and ATMs.

The CBI statement indicated that a prerequisite for the success of the plans is requiring all banks to comply with a set of standards and participate actively in the sector's transformation process.

The Central Bank confirmed that the key banking standards to be implemented will set maximum ownership limits to prevent excessive control (concentration) by any single entity or related parties, in addition to ensuring the presence of competent and independent boards of directors, with suitability tests being applied to all key leadership positions.

Banks will be required to adopt sustainable and viable business models by submitting consistent detailed business plans, strategic plans, financial forecasts, organizational structure, technology implementation plans, and operational management plans.

Capital adequacy and liquidity ratios will be maintained in line with global best practices to ensure banks' resilience in the face of financial crises.

The reform process will be a multi-stage journey, during which private banks will be assessed for their compliance with the required standards at various stages of the reform process. The first evaluation cycle is expected to begin in the first quarter of 2026. https://www.mawazin.net/Details.aspx?jimare=260609

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

Seeds of Wisdom RV and Economic Updates Monday Afternoon 4-7-25

Good Afternoon Dinar Recaps,

US FEDERAL AGENCIES TO REPORT CRYPTO HOLDINGS TO TREASURY BY APRIL 7

While federal agencies are required to report their holdings to the Treasury secretary, they are not required to disclose their holdings to the public.

US federal agencies are expected to disclose their cryptocurrency holdings to the Department of the Treasury by April 7, following an executive order signed by President Donald Trump earlier this year.

Citing an unidentified White House official, journalist Eleanor Terrett reported that the deadline for federal agencies to report their crypto holdings to Treasury Secretary Scott Bessent is April 7.

The disclosures will remain confidential for now. “Unclear as of now if and when the findings could be made public,” Terrett wrote.

Crypto disclosure follows Bitcoin Reserve establishment

The reporting requirement followed an executive order signed on March 7 that directed the creation of a Strategic Bitcoin Reserve and a broader Digital Asset Stockpile. The Bitcoin reserve will be seeded with BTC forfeited to federal agencies through civil or criminal asset seizures.

White House AI and crypto czar David Sacks described the reserve as a “digital Fort Knox for the cryptocurrency,” saying that the US will not sell any BTC held in the reserve. “It will be kept as a store of value,” Sacks added.

Sacks previously lamented the US government’s sales of 195,000 BTC for $366 million. The official said the BTC sold by the US government could’ve gone for billions if it had only held on to the assets.

The reserve will initially be seeded by the BTC kept by the Treasury, while the other federal agencies will “evaluate their legal authority” to transfer their BTC into the reserve.

Regarding the digital asset stockpile, Sacks said it would promote “responsible stewardship” of the government’s crypto assets under the Treasury. 

On March 2, Trump said that the crypto reserve would include assets like XRP, Solana and Cardano. The president later added Ether and Bitcoin to his crypto reserves list.

Crypto plunges as Trump tariffs shock global stocks

While Trump’s election may have positively impacted crypto markets, the US president’s next move has resulted in a market crash.

On April 5, the Trump administration hit all countries with a 10% tariff. Some countries were given higher rates, including China at 34% and Japan at 24%. The European Union was also hit with a 20% tariff.  

Following Trump’s move, the overall crypto market capitalization declined by over 8%, slipping to $2.5 trillion.

@ Newshounds News™
Source:  CoinTelegraph

~~~~~~~~~

RIPPLE CEO ASKS IMF IF THEY’LL HOLD XRP—CLIP SENDS XRP ARMY INTO OVERDRIVE

▪️Ripple boss’ question regarding the position of IMF on XRP has ignited excitement within the ecosystem as analysts hint at a “grand plan” behind the scenes.

▪️According to a legal representative of the IMF, its legal framework demands that at least one country should adopt a crypto asset as a currency before the institution can make a decision to hold it.

Ripple CEO Brad Garlinghouse has elated enthusiasts as he asks the Deputy General Counsel in the International Monetary Fund’s (IMF) Legal Department, Ross Leckow, whether they have an interest in holding XRP.

In an X post shared by analyst Xaif, this discussion occurred at the Singapore Fintech Festival. Leckow, who prefaced his response, highlighted that he does not want to delve deep into the IMF’s position.

However, his conservative approach and reaction to this question, according to Xaif, implies that the IMF is making a significant move behind the scenes. Following his feedback, Garlinghouse humorously stated that Leckow appeared speechless at his question.

To clarify the confusion, the IMF’s legal team representative explained that its operation under the existing legal framework demands that at least a country has to legally recognize a digital asset as its official currency before the IMF could hold a crypto asset.

While no major economy has officially adopted a digital asset, several countries have taken the initial step to integrate blockchain-related solutions into their financial systems. Additionally, the US has taken the bold decision to create a strategic Bitcoin reserve, increasing the odds of future adoption as an official currency.

The IMF’s position on crypto integration has always been clear. According to them, their adoption could affect the effectiveness of monetary policy transmission, fiscal sustainability, as well as capital flow management measures due to their volatile nature.

Speaking at a joint conference with the South Korean government and central bank In 2023, the IMF’s Kristalina Georgieva stressed the need to avoid the negative effects of cryptos.

Our goal is to make a more efficient, interoperable and accessible financial system by providing rules to avoid the risks of crypto, and infrastructure by leveraging some of its technologies.

Garlinghouse Makes a Case for XRP

Garlinghouse earlier spoke comprehensively about the role of XRP during an event which had the IMF and the Swiss National Bank participating. As detailed in our last news piece, Garlinghouse explained that the creation of XRP was influenced by developers who recognized the limitations of Bitcoin. According to him, Bitcoin has scalability issues coupled with slow and expensive transactions.

Also, Garlinghouse spoke about how the traditional banking system has failed to fully serve some countries and payment systems. To address these challenges, he highlighted that XRP ensures that liquidity access is democratized while improving financial inclusion. 

As featured in our recent coverage, the Ripple boss is expected to make more disclosure about upcoming updates and the ongoing development around the ecosystem in the much anticipated XRPL Apex 2025.

Following the recent discussions with the IMF legal representative and the hype surrounding Leckow’s reactions, XRP investors made a marginal move into the market, pushing the price up by 1.8% in just 24 hours. At press time, the asset was trading at $2.1 with a market cap of $124 billion.

According to our recent analysis, XRP could stage a bullish reversal to $6 in the short term once the market regains momentum.

@ Newshounds News™
Source:  Crypto News Flash

~~~~~~~~~

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

“Bits And Pieces” in Dinarland Monday Afternoon 4-7-2025

Gold Telegraph: The Fort Knox Question, Prelude to a New System?

4-7-2025

THE FORT KNOX QUESTION: PRELUDE TO A NEW SYSTEM?

In 1944, the world’s most powerful leaders gathered in Bretton Woods to discuss the future and write the rules of a new global monetary order.

There’s one critical detail many forget…

The United States controlled the lion’s share of the world’s gold, granting it the power to influence the outcome and define the system itself.

Fast forward to today:

• The President of the United States is calling for an audit of the gold held in Fort Knox.

The current Treasury Secretary?

• He says he has been called gold bug throughout his career.

With the trade war now in full swing, change is certainly in the air.

According to a top economic adviser to the U.S. President, more than 50 countries have approached the United States to begin trade talks.

Are we getting closer to a Bretton Woods moment?

We very well could be.

The U.S. Treasury Secretary previously said:

“We will need a grand global economic reordering, and I’d like to be a part of it. I’ve studied this.”

Last week, Scott Bessent explained in an interview with @TuckerCarlson why gold remains so interesting and also pointed out that the entire global trading system was once anchored to gold until Nixon took the U.S. off the standard.

The world is shifting.
Quietly, but unmistakably.

Nations are accumulating gold, questioning old alliances, and preparing for a future no longer tethered to the previous rules.

What once seemed unshakable is now under review, from Fort Knox to the foundations of international trade.

We’ve seen this before.

Power consolidates, confidence erodes, and a new system emerges, often born not in the spotlight but behind closed doors.

The question now isn’t if we’re approaching another Bretton Woods moment.

The question is: 
Who will define it this time?

Source(s):
https://x.com/GoldTelegraph_/status/1909068358970122540

https://dinarchronicles.com/2025/04/06/gold-telegraph-the-fort-knox-question-prelude-to-a-new-system/ 

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

Courtesy of Dinar Guru:  https://www.dinarguru.com/

 Mnt Goat  ...we can see the potential in Iraq and we must dispel these negative attitudes that the RV will never happen or it will take years more...This Iraqi dinar is not a get rich quick scheme, although if you decide to stick out the ride, you may be rich beyond your wildest dreams... We are witnessing a new age for America and Iraq unfolding in front of our eyes...There is a huge change underway, not coming, but here already begun. It is happening NOW! ...when you...put the pieces together, they tell...a wonderful story and the picture of the puzzle finally comes clearer... Our investment is sound and we can see the path to the RV...

Militia Man  Al Sudani's tone got my attention today.  He speaks of radical reform changes to come.  It should grab everybody's attention when this man talk with purpose like that.  Like it or not radical change is coming to Iraq.  The Development Road Project is going to be a really big deal.  It's not going away...It's front and center.  That should have everybody as excited as I am because it's welcoming to see the amount of things we are watching being accomplished that we have never seen before.

JP Morgan & BlackRock Just Dumped 1M Shares To Kill Silver & It Just Backfired HARD | Andy Schectman

Two Dollars investing:  4-7-2025

JP Morgan and BlackRock just unleashed a MASSIVE 1 million share dump to crush the silver market—but it just backfired in spectacular fashion.

Andy Schectman breaks down the shocking manipulation attempt and what it means for physical silver, SLV, and the COMEX.

Meanwhile, global demand is exploding, delivery pressure is mounting, and central banks are quietly accumulating behind the scenes. Is this the beginning of the end for paper silver?

https://www.youtube.com/watch?v=hIRpJXuYUc4

Monday Coffee with MarkZ. 04/07/2025

Monday Coffee with MarkZ. 04/07/2025

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…Rainy days and Mondays always get me down…lol….

Member: I had a dream where I was on a roller coaster and kept hearing keep arms and legs inside the ride at all times until the ride comes to a complete stop. oh wait.

MZ: I am in the US right now. My niece is getting married on Saturday. So schedule may be shorter or different this week.

MZ: I did know some Wealth management/redemption center folks working yesterday in preparation. They believe they will have a very busy week later on in this week.

MZ: On the bond side is where we are seeing the most action.

MZ: Many bond contracts expect to be done this week. I have a contact expecting to complete tomorrow. Real dollars. All my bond contacts are very excited.

MZ: I was told that they will not accept any new bonds until this summer after the historic bonds that have already been confirmed have gone. I am also told they will be going after “flippers” or shutting down the ability for flippers to buy bonds and resell them….in other words from now on only sovereigns will redeem these historic bonds.

Member: Once bonds pay…currency next? (Exciting)  What does your gut say Mark?

MZ: this is just a guess….but if bonds go this week… We may go towards the end of the week……hopefully

Member: My gut says April 8th is the day.

MZ: That’s what many bond contacts are thinking.

Member: Markz…are there any advantages for the bonds ppl to exchange in Zurich over US? Wondering why they are going there…thank you

Member: I have tried to play the devil’s advocate- but I still come to a posititive outlook.  Things appear to be leading us to what we are waiting for…RV and Nesara/Gesara

MZ: That’s a good point you are making. Everyone needs to throw out all those negative thoughts

Member: Glenn Beck said today that we are in the Global Currency Reset of the Global Currency Reset. We're in the very beginning stages of the GCR.

Member: Closed Door Fed meeting in DC is at 11:30 today

MZ: Yes this is very curious. DC contacts are telling me they are expecting this closed door emergency Fed meeting today.

Member: Judy Shelton had interesting thoughts on x over the weekend

Member: What should we expect the market to be doing today????

Member: Many economists think today may be a “Black Monday” for the stock market today.

Member: Dow just bouncing up and down wildly today!

Member:   3rd day of selling, so might be a dead-cat bounce

MZ: Metals are going up as the world braces for changes…IMO this is all part of the correction that will lead to the RV. Many people on pins and needles this week as it all shakes out.

Member: My bank in the UAE is advertising multi-currency accounts now. Also, new currency has been replacing the old for the past 6 months

Member: (From Dinar Guru) Mnt Goat  ...we can see the potential in Iraq and we must dispel these negative attitudes that the RV will never happen or it will take years more...This Iraqi dinar is not a get rich quick scheme, although if you decide to stick out the ride, you may be rich beyond your wildest dreams... We are witnessing a new age for America and Iraq unfolding in front of our eyes...There is a huge change underway, not coming, but here already begun. It is happening NOW! ...when you...put the pieces together, they tell...a wonderful story and the picture of the puzzle finally comes clearer... Our investment is sound and we can see the path to the RV...

MZ: That’s a good one

MZ: in Iraq:  ” Parliament Finance: The launch of the reform plan for banks is the beginning of economic reforms”  This is all over the news in Iraq right now

MZ:  “The central bank of Iraq unveils the plan to reform the private banking sector”  This is the final reforms for the “white papers”  and lift the purchasing power of all Iraqis.

MZ: They are still talking about the I-dinar program they unleashed a few years ago. They are about to go to a combination of gold asset based currency backed by gold, assets and a basket of regional currencies. This will be far more stable then Kuwait when they revalued their currency. The I-dinar will be on a blockchain ledger tracking their assets. Their cash bills will represent a digital token. They are designing a really cool system for the i-dinar. They are telling us what they are doing.

Member: Mark- will we exchange before Easter?

MZ: I think there is a good chance this year we could exchange before easter.

Member: Easter this year is an astronomical event! First Sunday after a full moon after the Spring solstice!!

Member: Thank you Mark, Mods and Everyone, God Bless and Much Love

Member: Mark thank you for taking time out of your day to speak with us and keep us up to date

Mod: JUST SO YOU KNOW> > >THERE IS NO PODCAST TONIGHT> > SO SWEET DREAMS TO YOU!!!

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  TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!  FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:     https://www.youtube.com/watch?v=uFNlVuATWpI

News, Rumors and Opinions Monday 4-7-2025

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 Mon. 7 April 2025

Compiled Mon. 7 April 2025 12:01 am EST by Judy Byington

WARNING: There were those posing as me in my legal name of Judy Byington who were asking people to sign up for the Quantum Financial System. I know nothing of this. If someone contacts you saying they were Judy Byington and wanted your personal information to sign up for anything, please understand that would not be me and they were likely wanting your personal information for nefarious purposes…Judy Byington

Global Financial Crisis:

Sun. 6 2025 CNBC’s Jim Cramer Warns of ‘Black Monday’-Style Market Crash Amid Trump Tariff Shock …QFS on Telegram

CNBC host and veteran market analyst Jim Cramer has issued a dramatic warning following President Trump’s sweeping new tariff policy, cautioning that the economic shock could rival the infamous Black Monday crash of 1987. In a heated segment, Cramer called the administration’s actions “a direct hit on the global economy” and said investors should brace for “violent volatility.”

The warning comes just days after Trump announced a baseline 10% tariff on all imports, with elevated rates targeting key trade rivals like China. Markets responded swiftly and sharply: the S&P 500 dropped 6%, the Nasdaq 5.8%, and the Dow plummeted over 2,200 points in a single session — the worst trading day in years.

Cramer compared the sudden economic jolt to the events of October 19, 1987, when the stock market crashed by over 22% in one day. “We are entering dangerous territory,” he said. “You cannot shock the system this violently and expect orderly reactions. We’re playing with fire.”

While the Trump Administration insists the tariffs are necessary to protect U.S. jobs and sovereignty, critics like Cramer warn of rising inflation, supply chain disruptions, and a possible recession. JPMorgan recently raised the probability of a U.S. recession to 60% in response to the unfolding trade war.

As global markets continue to reel, Cramer’s prediction hangs in the air: “This could be the beginning of something much worse if cooler heads don’t prevail — and fast.”

~~~~~~~~~~

Restored Republic: WHITE SWAN Initiated – Trump’s Final Operation Is Underway. …Quantum Financial System on Telegram

March 29, 2025. Etch it into your memory. History will remember this date, even if the world around you pretends it never happened. The silence in the media is deafening because what’s unfolding now is not a drill—it’s the real thing. The world is being quietly but forcefully reshaped by an operation decades in the making. “WHITE SWAN” has been initiated. And this isn’t just a military maneuver—it’s the final stage of a spiritual war that has lasted generations. Trump didn’t just return. He never left.

GESARA is no longer theory—it’s becoming structure. As the dark web of globalist power dissolves, the Quantum Financial System quietly takes its place. The IRS is losing grip. Central banks are bleeding. Gold is no longer an antique—it’s the backbone of what’s coming. Trump’s team, alongside the Global Military Alliance, has already begun simulations for debt cancellation and asset redistribution.

Stay grounded. Stay alert. Because “WHITE SWAN” isn’t a warning—it’s a signal. The last move before checkmate. The final gust that clears the board. Hold the line. The world we were promised is no longer a dream—it’s rising through the shadows, unstoppable, unshakable. And nothing can stop what is coming.

Read full post here:  https://dinarchronicles.com/2025/04/07/restored-republic-via-a-gcr-update-as-of-april-7-2025/

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

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26  Article: "Vietnam identifies 40 gold mines with 30 tons of estimated reserves"  Quote:  "A comprehensive mineral survey of northern Vietnam discovered 40 gold mines with total estimated reserves of nearly 30 tons, the Vietnam Geological and Mineral Department announced recently."  THIS IS GOING TO AFFECT THE DONG

Militia Man  The bottom line is we know Iraq is ready to be an international entity into the global financial system.

Guru Clare  Article: "One of them is 'historic' and relates to electricity. Iraq is about to sign new agreements with the United States."  Quote: "a large delegation of American companies will arrive in the Iraqi capital next week to explore new opportunities in the Iraqi market."

Black Monday 2.0: Bloodbath In Global Markets Today | Michael Gayed

David Lin:  4-7-2025

Michael Gayed, publisher of the Lead-Lag report, discusses the worst downturn in the stock market since 2022.

https://www.youtube.com/watch?v=qFdOGt1i7hk

The Fed Lost $77 Billion Last Year... And Counting

Heresy Financial:  4-7-2025

TIMECODES

00:00 The Fed Is Losing Billions

 00:05 Why This Chart Looks Like a Crash

 00:26 What These Losses Actually Mean

00:48 The Real Cost in 2023 and 2024

 01:26 How the Fed Actually Makes Money

01:50 The Fed’s Balance Sheet Explained

02:46 Money Creation and Disappearing Dollars

 03:23 The Fed’s $6.5 Trillion in Debt Assets

 04:06 Printing vs. Earning Interest

 04:56 Why the Fed Pays Banks Interest

 05:18 What the Fed Really Controls

 05:53 Hidden Costs: Economists and Dividends

 06:45 Where Fed Profits Used to Go

07:19 What If the Fed Bought All U.S. Debt?

08:22 Why the Fed Is Bleeding Money

 09:14 Printing to Pay Banks

09:50 Will the Fed Turn Profitable Again?

10:22 When Will Profits Go Back to the Government?

11:02 The Bigger Picture: Debt, Deficits & Inflation

 11:53 How to Survive the System That Exists

https://www.youtube.com/watch?v=q4LsbeEuYn0

Iraq Economic News and Points to Ponder Monday AM 4-7-25

A Sudden Decision: Stopping The Supply Of Dollars To Travelers At The Official Exchange Rate.

Time: 2025/04/06 Read: 1,395 times   {Local: Al Furat News} An informed source reported on Sunday that the relevant authorities have stopped supplying travelers with US dollars at the official exchange rate of 1,320 dinars per dollar.

The source told Al-Furat News, "It was decided to stop supplying travelers with dollars at the official exchange rate of 1,320 dinars."

The source explained that "this step came as a result of the lack of sufficient quantities of the currency available to the relevant authorities, amid growing demands from exchange companies to provide dollars on a continuous basis to meet travelers' needs."  LINK

The Dollar Exchange Rate Rose Against The Dinar In Baghdad And Erbil

Sunday, April 6, 2025, | Economic Number of readings: 53  Baghdad/ NINA / The exchange rates of the dollar rose against the dinar, Sunday afternoon, in the markets of Baghdad and Erbil governorates, coinciding with the closing of the stock exchange.

The dollar prices recorded an increase with the closing of the Al-Kifah and Al-Harithiya stock exchanges, recording 147,600 dinars for every $100, while the prices recorded this morning were 147,300

dinars for every $100. Selling prices in exchange shops in the local markets in Baghdad witnessed an increase, as the selling price reached 148,500 dinars for every $100, while the purchase price reached 146,500

dinars for every $100. In Erbil, the dollar also recorded an increase, as the selling price reached 147,400 dinars for every $100, and the purchase price reached 147,300 dinars for every $100. /End

https://ninanews.com/Website/News/Details?key=1195976

Iraq's Gold Reserves Have Declined, Prompting Local Sales.

Time: 2025/04/06   Read: 2,730 times  {Economic: Al Furat News} The World Gold Council announced today, Sunday, that Iraq's gold reserves have decreased by 100 kilograms.
According to observers, the 100 kilogram shortage in Iraq's gold reserves is due to its domestic use and sale in the form of gold bullion.

According to the latest table published by the Council in April, Iraq's gold holdings decreased by 100 kilograms to 162.6 tons, down from 162.7 tons the previous month. This represents 14.5% of its remaining reserves.

The Council added that Iraq maintained its 28th place on the list out of 100 countries, indicating that Iraq came in fourth place among Arab countries after Saudi Arabia, Lebanon, and Algeria.

The Council also noted that the United States of America tops the list of countries with the largest gold holdings in the world, with 8,133,000 tons, followed by Germany with 3,351,000 tons, then Italy with 2,451,000 tons, while Iceland comes in last with two tons.

It's worth noting that the World Gold Council is headquartered in the United Kingdom and possesses extensive experience and in-depth knowledge of the factors driving market change. Its members comprise some of the world's largest and most advanced gold mining companies.  LINK

Iraqi Oil Exports To The US Declined Last Week

Sunday, April 6, 2025 | Economic Number of reads: 295   Baghdad / NINA / The US Energy Information Administration announced a decline in Iraqi oil exports to the United States during the past week.

The administration said in a table that "the average US imports of crude oil during the past week from ten major countries amounted to 6.197 million barrels per day, an increase of 549 thousand barrels per day compared to the previous week, which amounted to 5.648 million barrels per day."

It added that "Iraq's oil exports to America decreased, reaching an average of 132 thousand barrels per day, down from last week, which averaged 203 thousand barrels per day."

The administration indicated that "the largest oil revenues to America during the past week came from Canada, followed by Mexico, Brazil, and then Saudi Arabia."

According to the table, "the amount of US imports of crude oil continued from Colombia, Venezuela, Libya, Ecuador, and Nigeria." / End  https://ninanews.com/Website/News/Details?key=1195886

The Prime Minister Chairs The Regular Session Of The Higher Authority For Coordination Between Governorates

Sunday, April 6, 2025 | Politics Number of reads: 213   Baghdad/ NINA / Prime Minister Mohammed Shia al-Sudani chaired the regular session of the Supreme Council for Coordination between the Governorates./End

https://ninanews.com/Website/News/Details?key=1195943

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

Seeds of Wisdom RV and Economic Updates Monday Morning 4-7-25

Good Morning Dinar Recaps,

CRYPTO NEWS TODAY: SEC’S MARK UYEDA INVESTIGATES BILL HINMAN’S 2018 ETHER SPEECH

Big news from the SEC—Acting Chair Mark Uyeda has asked the team to take a fresh look at how the government is currently handling crypto risks and regulations. This comes as part of an effort to align with Executive Order 14192, which focuses on cutting red tape and making regulations more business-friendly.

One of the first targets is the 2019 Framework for Investment Contract Analysis of Digital Assets. This document was based on a 2018 speech by former SEC official Bill Hinman, where he suggested that whether a crypto token is considered a security depends more on how centralized the project is, rather than how it was sold. That idea has been pretty controversial in the crypto world, and it looks like the SEC is ready to reconsider it.

Uyeda isn’t just looking at Bill Hinman’s 2018 crypto speech—he’s also reviewing key documents, including:

▪️A 2022 guide for crypto companies on market chaos and bankruptcies.
▪️A 2021 risk alert about crypto investor threats due to unclear rules.
▪️A 2020 memo questioning if banks can legally hold digital assets.
▪️A 2021 advisory on mutual funds investing in Bitcoin futures.
▪️A 2020 note on COVID-19’s impact on company disclosures.

The review aims to roll back some of the stricter rules put in place during Gary Gensler’s time as SEC Chair. Gensler was known for his tough stance on crypto, which many felt was more about blocking innovation than protecting investors. His approach even got called “arbitrary and capricious” by courts more than once.

Now, with Uyeda leading the charge and folks like Hester Peirce and Paul Atkins pushing for more transparency, it looks like the SEC is opening up. They’ve been holding crypto roundtables, meeting with industry leaders, and even had a sit-down with BlackRock recently to discuss crypto ETFs and related issues.

It’s clear the SEC is starting to clean house, getting rid of outdated rules, and making room for a crypto-friendly future. Investors and crypto enthusiasts are definitely watching closely to see what changes come next.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

GEORGIA MOVES TO ADD BLOCKCHAIN, CRYPTOCURRENCY, AND WEB3 TO SCHOOL CURRICULUM

Georgia moves to add blockchain and crypto lessons in schools to prepare students for careers in the digital economy.

▪️Georgia plans to teach blockchain and crypto in schools to prepare students for future careers.

▪️Lawmakers want students to build digital skills early to close the gap in modern education.

▪️Georgia aims to lead in blockchain by adding lessons in schools and supporting crypto policies.

Lawmakers believe schools must adapt to this financial shift. Including digital asset education will help students understand decentralized systems and digital currencies. The proposal highlights that students need skills to navigate the complex world of blockchain and crypto.

Bridging the Digital Knowledge Gap

This initiative seeks to unite traditional education models with emerging digital asset technology. The early introduction of these learning concepts helps students establish fundamental skills in new technologies. Lawmakers believe this step plays a vital role in creating a workforce ready to use emerging technology.

The resolution points out the importance of equipping students for jobs in blockchain and crypto industries. With industries adopting digital solutions, Georgia wants its students ready to lead. Schools would play a key role in shaping future innovators and professionals.

Following Global Educational Trends

Georgia’s plan follows global movements toward digital literacy in schools. For example, France has introduced Bitcoin studies in high schools. Students there explore whether Bitcoin could replace traditional currency systems.

Georgia’s resolution reflects similar goals. It seeks to ensure that students understand blockchain’s uses beyond just finance. The focus remains on preparing young learners for careers in multiple sectors that use blockchain technology.

Bipartisan Interest in Digital Legislation

The implementation of blockchain education programs by Georgia forms part of an ongoing statewide legislative agenda. Two Bitcoin Reserve Bills known as SB 178 and SB 228 were introduced to the legislative body recently. The two Bitcoin Reserve Bills demonstrate the existing bipartisan agreement about integrating Bitcoin into Georgia’s financial framework.

SB 178 enables the state treasurer to make Bitcoin investments as part of their financial portfolio. SB 228 establishes specific regulations regarding Bitcoin’s usage as well as its storage methods and transaction processes. The proposed legislation seeks to improve state finance capabilities and make the state more robust to economic changes.

Expanding Blockchain Applications

The blockchain initiatives in Georgia extend their scope into multiple sectors beyond educational and financial domains. Blockchain technology unlocks solutions to improve operations within healthcare systems, finance institutions, and supply chain management processes. Its transparent and secure nature improves data integrity and transaction security.

Lawmakers recognize these benefits and continue exploring blockchain’s potential. As global blockchain markets grow, Georgia positions itself as a leader in innovation. By integrating blockchain into education, the state prepares students to thrive in a digital economy.

@ Newshounds News™
Source:  Crypto News Land

~~~~~~~~~

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