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Iraq Economic News and Points to Ponder Tuesday Evening 4-8-25

Iraq Exports 5 Million Barrels Of Oil To The US In A Month

Energy   Economy News – Baghdad  The U.S. Energy Information Administration announced on Tuesday that Iraq's oil exports to the United States exceeded 5 million barrels during March.

The administration stated in a table seen by Al-Eqtisad News that "Iraq exported 5.487 million barrels of crude oil to the United States during the month of March, an increase from 4.900 million barrels in February."

Iraq Exports 5 Million Barrels Of Oil To The US In A Month

Energy   Economy News – Baghdad  The U.S. Energy Information Administration announced on Tuesday that Iraq's oil exports to the United States exceeded 5 million barrels during March.

The administration stated in a table seen by Al-Eqtisad News that "Iraq exported 5.487 million barrels of crude oil to the United States during the month of March, an increase from 4.900 million barrels in February."

She added, "Iraq exported an average of 170,000 barrels per day of crude oil to the United States during the first week of March, an average of 202,000 barrels per day in the second week, an average of 203,000 barrels per day in the third week, and an average of 132,000 barrels per day in the third week."

The US Energy Information Administration stated that "Iraq ranked seventh in its exports to the US last month, after Canada, which ranked first as the largest oil exporter to the US, followed by Mexico, Saudi Arabia, Brazil, Venezuela, and Colombia."

The administration noted that "Iraq came in second place among Arab countries exporting the most oil to America, after Saudi Arabia, which came in first with exports of 6.696 million barrels, and Libya came in third with exports of 1.829 million barrels."  https://economy-news.net/content.php?id=54227

A New Rise In The Dollar Exchange Rate Against The Dinar In Baghdad

Stock Exchange   Economy News – Baghdad  The dollar exchange rate rose against the dinar on Tuesday in Baghdad markets.

The dollar exchange rate rose on the Al-Kifah and Al-Harithiya stock exchanges, reaching 147,800 dinars per $100, compared to 147,750 dinars per $100 yesterday, Monday.

Selling prices at exchange offices in Baghdad's local markets remained stable, with the selling price reaching 148,750 dinars per $100, and the buying price reaching 146,750 dinars per $100. https://economy-news.net/content.php?id=54218

A US Bank Announces Its Readiness To Expand The Number Of Correspondent Accounts Opened For Iraqi Banks
Economy  | 04/08/2025  Mawazine News – Baghdad  US bank JPMorgan Chase expressed its willingness to expand the number of correspondent accounts opened for Iraqi banks on Tuesday.

A statement from the office of Prime Minister Mohammed Shia al-Sudani received by Mawazine News stated that "Al-Sudani received a delegation from JPMorgan Chase headed by the bank's Deputy Director, Daniel Zelikow, on the sidelines of the Iraqi Banking Sector Reform Conference held in Baghdad."

He added that "the meeting discussed enhancing cooperation in the financial and banking fields, and the bank's participation in financing various investment projects, in addition to examining mechanisms for securing credits and financial transfers and ensuring their delivery to their beneficiaries in Europe and the United States, which will contribute to improving services provided to Iraqi traders and importers."

He stressed "the importance of expanding the areas of partnership between Iraqi banks and JPMorgan Chase, noting the government's readiness to provide all forms of support to strengthen this relationship."

For its part, the JPMorgan Chase delegation expressed its willingness to increase cooperation with Iraq by expanding the number of correspondent accounts opened for Iraqi banks, and their willingness to finance a number of investment projects directly or through partner financial institutions. https://www.mawazin.net/Details.aspx?jimare=260645

Al-Sudani Discusses With JP Morgan Mechanisms To Secure Financial Transfers And Their Access To Europe And America

Banks  Economy News – Baghdad  Prime Minister Mohammed Shia al-Sudani discussed today, Tuesday, with a delegation from JPMorgan Chase, headed by the bank's Deputy General Manager, Daniel Zeljko, enhancing cooperation in the financial and banking sectors.

The Prime Minister's Media Office stated in a statement received by Al-Eqtisad News that "Al-Sudani met with a delegation from JPMorgan Chase, headed by the bank's Deputy Director, Daniel Zelikow, on the sidelines of the Iraqi Banking Sector Reform Conference held in Baghdad."

During the meeting, the two sides discussed enhancing cooperation in the financial and banking fields, including the bank's participation in financing various investment projects.

They also discussed mechanisms for securing credits and financial transfers and ensuring their delivery to those entitled to them in Europe and the United States, which will contribute to improving services provided to Iraqi traders and importers.

Al-Sudani stressed the importance of expanding partnerships between Iraqi banks and JP Morgan, noting the government's readiness to provide all forms of support to strengthen this relationship.

For its part, the JP Morgan delegation expressed its "willingness to increase cooperation with Iraq by expanding the number of correspondent accounts opened for Iraqi banks, and its willingness to finance a number of investment projects directly or through partner financial institutions." https://economy-news.net/content.php?id=54229

The Government Rules Out Any Impact On Iraq From The Global Drop In Oil Prices

economy | 08/04/2025   Mawazine News – Baghdad  The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Tuesday that Iraq's federal budget for the years "2023-2025" has taken into account fluctuations in the oil market, and that the decline in global oil prices will not affect the country's internal situation.

Mazhar said in a statement to the Center for Strategic Studies and Trade Policy at the Ministry of Trade that "there are indications that the world is entering a cycle of declining oil prices that will not cause any repercussions on the country's internal situation."

He pointed out that "these indicators are due to the decline in the intensity of the Russian-Ukrainian conflict and Iran's openness to negotiations with the United States on the one hand, and the escalation of the US-led trade war by imposing customs duties on various markets despite the exclusion of oil and gas on the other hand, which has negatively impacted oil contracts and markets."

He pointed out that "what is happening on the global scene is a temporary crisis that will stabilize in the coming period within the logic of global economic balances."

He explained that "the clash between the climate of geopolitical détente and the escalating trade war could lead to a global economic shock that reduces demand for energy, especially with the 1% decline in global growth rates and the 0.5% decline in crude oil demand in global markets."

He indicated that the oil market is now threatened by a glut that could weaken prices in the coming decades with the return of OPEC+ production to normal. 

Saleh emphasized "the importance of reconciling the oil conflict between China and the United States, as the former is one of the largest importers of oil, and the latter is one of the largest producers, which makes oil price stability a vital issue for both parties."  https://www.mawazin.net/Details.aspx?jimare=260647

US Trade Delegation: Iraq Represents A Promising Investment Market

Political | 08:20 - 08/04/2025  Mawazine News – Baghdad  The head of the visiting US trade delegation to Iraq, Steve Lutes, affirmed on Tuesday that Iraq represents a promising market for investment, and that American companies are looking forward to cooperation opportunities in various sectors, with a focus on creating job opportunities for Iraqi youth and contributing to the development of infrastructure and vital services.

The media office of the Speaker of Parliament said in a statement received by Mawazine News: "The Speaker of the Iraqi Parliament, Mahmoud Al-Mashhadani, received at the Presidential Palace in Baghdad the Chargé d'Affaires of the US Embassy to Iraq, Daniel Rubinstein, accompanied by a large economic delegation from the American Chamber of Commerce, including representatives of 57 American companies, headed by Steve Lutes, and a number of company presidents and investors, within the framework of the American Chamber of Commerce Economic Conference held in Iraq."

The statement added that "at the beginning of the meeting, Al-Mashhadani welcomed the American delegation," stressing that "Iraq welcomes all initiatives that contribute to developing its economy and strengthening its international partnerships, especially with the United States of America, which represents one of the most important strategic partners in various fields."

The Speaker of Parliament stressed, according to the statement, "the critical importance of investment in Iraq, especially in vital and strategic sectors such as oil and electricity, which represent the backbone of the Iraqi economy."

He emphasized "the need to stimulate investment in the agricultural and industrial sectors, in addition to service sectors that are relevant to the lives of Iraqi citizens, such as the environment, education, and health."

Al-Mashhadani explained that "the Iraqi Parliament has enacted an investment law that provides a safe and stimulating legal environment for investment, protects the rights of investors, and encourages transparency and equal opportunities."

He pointed out that "Parliament, as the 'house of the people,' ensures a decent and safe life for citizens and works closely with the government through effective coordination mechanisms to support development projects and facilitate the entry of investments."

Al-Mashhadani stressed, according to the statement, that "the Iraqi Parliament strongly supports the signing of bilateral agreements with friendly countries, as this contributes to stimulating economic activity, attracting more foreign investment, and creating new job opportunities that contribute to reducing unemployment and enhancing economic stability."

The statement continued, "Daniel Rubinstein, Chargé d'Affaires at the US Embassy in Baghdad, expressed his happiness with this meeting, stressing his country's commitment to supporting Iraq in its path towards economic development and stability, and strengthening the partnership between the American and Iraqi private sectors."

For his part, the head of the US trade delegation, Steve Lutes, stressed that "Iraq represents a promising market for investment, and that American companies are looking forward to cooperation opportunities in various sectors, with a focus on creating job opportunities for Iraqi youth and contributing to the development of infrastructure and vital services."

The statement concluded that "the meeting comes within the framework of the Iraqi state's efforts to support economic openness and expand its investment relations with international partners, in a way that enhances sustainable development and provides a stable and attractive environment for investment in various sectors."   https://www.mawazin.net/Details.aspx?jimare=260650

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

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Seeds of Wisdom RV and Economic Updates Tuesday Evening 4-8-25

Good Evening Dinar Recaps,

XRP NEWS: RIPPLE SET TO BUY HIDDEN ROAD FOR $1.25B IN STRATEGIC DEAL

▪️Ripple acquires Hidden Road for $1.25B, becoming the first crypto firm to own a global multi-asset prime broker.

▪️The acquisition will see Ripple's stablecoin RLUSD used as collateral and Hidden Road's post-trade on XRP Ledger.

▪️This major deal, amidst positive regulatory shifts, positions Ripple and Hidden Road to bridge traditional and decentralized finance.

Good Evening Dinar Recaps,

XRP NEWS: RIPPLE SET TO BUY HIDDEN ROAD FOR $1.25B IN STRATEGIC DEAL

▪️Ripple acquires Hidden Road for $1.25B, becoming the first crypto firm to own a global multi-asset prime broker.

▪️The acquisition will see Ripple's stablecoin RLUSD used as collateral and Hidden Road's post-trade on XRP Ledger.

▪️This major deal, amidst positive regulatory shifts, positions Ripple and Hidden Road to bridge traditional and decentralized finance.

Ripple has taken a major step forward by agreeing to acquire one of the fastest-growing prime brokerages in the world. This deal marks a big moment for the company and the crypto industry, as Ripple becomes the first crypto firm to fully own and operate a global, multi-asset prime brokerage platform.

Ripple announced it will acquire Hidden Road for $1.25 billion. This is one of the largest acquisitions in the digital asset space so far, signaling Ripple’s serious commitment to expanding its reach into traditional finance.

Ripple’s Stablecoin Steps Into the Spotlight

One of the most important aspects of this deal is the boost it gives to Ripple’s stablecoin, RLUSDHidden Road will now use RLUSD as collateral across its services, making it the first stablecoin to allow smooth cross-margining between crypto and traditional markets. This gives RLUSD a strong foothold in real-world financial applications.

As part of the agreement, Hidden Road will shift its post-trade operations to the XRP Ledger (XRPL). This move aims to lower costs and improve efficiency, highlighting XRPL’s value as a preferred option for institutional decentralized finance (DeFi).

Ripple also plans to improve its Ripple Payments platform by reducing costs, increasing liquidity, and offering secure, bank-grade digital asset custody to Hidden Road’s institutional clients.

Hidden Road’s Global Presence Set to Expand

Hidden Road already handles more than $3 trillion in trading volume each year for over 300 major institutions. With Ripple’s support, the firm is now set to grow even more and could soon become one of the largest non-bank prime brokers in the world. This partnership is a key step in connecting traditional finance with the decentralized world.

This is the second billion-dollar crypto deal of 2025, showing strong momentum for the digital asset industry. Under President Trump’s administration, the market is growing more optimistic about relaxed crypto regulations.

Earlier in March, major crypto exchange Kraken announced a $1.5 billion deal to acquire retail futures trading platform NinjaTrader. That move allows Kraken to expand into new asset classes and grow its user base.

Ripple Hints At Collab With Cardano

Adding more buzz, Ripple recently released a video about tokenization that included the Cardano logo. This led to speculation about a possible partnership between the two companies. 

The video focused on the potential of real-world asset (RWA) tokenization, which could reach $18.9 trillion by 2033. While the community is excited, neither Ripple nor Cardano has confirmed any collaboration yet.

Ripple CEO Brad Garlinghouse commented on the deal, saying the crypto industry is entering a new and promising phase. For the first time, the U.S. market is becoming truly open to digital assets, as the regulatory confusion from earlier leadership begins to clear up. At the same time, the crypto space is maturing and starting to meet the standards of traditional finance.

According to Garlinghousethis moment presents a huge opportunity for growth and mainstream adoption.

@ Newshounds News™
Source:  
Coinpedia

Video Link

~~~~~~~~~

BRICS: INDIA TO TURN ON US, JOIN CHINA IN TRADE WAR?

With the arrival of United States President Donald Trump’s Liberation Day economic policy, the world has been subject to an influx of tariffs. Now, despite its increased relationship with the country, BRICS nations may band together, with India potentially joining with China amid a brewing trade war with the US.

A Chinese Embassy spokesperson in India recently called for the nation to stand with its BRICS ally against the US Trump administrationSpecifically, spokesperson Yu Jing called for the nations to join forces to “overcome the difficulties” of the recent tariff plan, according to a Reuters report.

BRICS Nations to Join Forces? China Calls for India to Stand With It in Opposition to Trump Tariffs

In early AprilUS President Donald Trump threw a wrench into global economics. Indeed, he announced the arrival of a baseline 10% tariff on nearly every trading partner that the country hasThe increasingly aggressive economic policy was instituted to facilitate balanced trade for the nation, the administration assures.

However, its presence has forced a host of nations to respond. Among the most concerning answers have been from East Asia, which has vowed to fight the policyNow, it is calling on its BRICS ally in India to stand with China as it is set to engage in a trade war with the US.

Chinese Embassy spokesperson Yu Jin recently said the two sides should come together amid the action“China-India economic and trade relationships are based on complimentary and mutual benefit. Facing the US abuse of tariffs… the two latest developing countries should stand together to overcome difficulties.”

The only problem is that both nations took radically different approaches to their response to the Trump tariffs. Specifically, India has already ruled out reciprocal action. Indeed, it noted that it was seeking to secure a negotiated trade deal with the United States amid the policy.

Alternatively, Chian has not been as diplomatic. According to a recent reportthe country has vowed to “fight to the end” in response to the looming trade warThe US president has threatened an additional 50% tariff on China, with the Eastern Asian power calling it “blackmail.

@ Newshounds News™
Source:  
Watcher Guru

~~~~~~~~~

XRP LAWSUIT NEWS: SEC OPPOSES EMERGENCY REQUEST FOR ‘DECISIVE EVIDENCE’ IN RIPPLE CASE


The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has officially come to an end, as confirmed by Ripple CEO Brad Garlinghouse just a few days ago.

While the announcement was met with celebrations among Ripple supporters and the broader crypto community, the XRP price failed to react as positively as expected. This muted response has led to growing anticipation and calls from XRP enthusiasts for an official statement or confirmation from the SEC.

Adding to the intrigue, an unusual filing recently appeared in the SEC vs. Ripple docket. A man named Justin W. Keener submitted an emergency request seeking to “present decisive evidence in favor of the defendants and in favor of liberty for the American people.”

The letter, however, left many questions unanswered. It doesn’t clearly specify what the so-called ‘decisive evidence’ entails or how it would benefit Ripple’s caseKeener hints that the evidence may relate to physical investment contracts he has been collecting, though details remain scarce.

In responsethe SEC has filed an opposition to Keener’s request. According to Fox Business’ Eleanor Terrettthe SEC argues that the motion should be denied for several reasons.

First, they claim the District Court no longer has jurisdiction over the matter since the case has moved to the Second Circuit.

Second, they assert that Keener failed to file the proper motion to intervene in the case. Lastly, the SEC contends that the request is unnecessary because Ripple is fully capable of deciding for itself whether the evidence in question could be helpful.

The SEC is now asking Judge Analisa Torres to dismiss Keener’s request entirely, arguing that it holds no legal standing and that the case has already reached a conclusion.

@ Newshounds News™
Source:  
Coinpedia

~~~~~~~~~

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FRANK27….4-8-25….PEACE?

KTFA

Tuesday Night conference Call

FRANK27….4-8-25….PEACE?

This video is in Frank’s and his team’s opinion only

Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.  

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

KTFA

Tuesday Night conference Call

FRANK27….4-8-25….PEACE?

This video is in Frank’s and his team’s opinion only

Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.  

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE=IMPLEMENTATION

https://www.youtube.com/watch?v=TD7orkbVl0A

 

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Short Tuesday Evening News with MarkZ. 04/08/2025

Short Tuesday Evening News with MarkZ. 04/08/2025

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: I thought Mark wasn’t coming on tonight~~~unless something happened???? Fingers crossed.

Member: GE Mark, Mods and Family. Praying that we will celebrate before EASTER!!

Member: Praying Mark has big news tonight.

Short Tuesday Evening News with MarkZ. 04/08/2025

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: I thought Mark wasn’t coming on tonight~~~unless something happened???? Fingers crossed.

Member: GE Mark, Mods and Family. Praying that we will celebrate before EASTER!!

Member: Praying Mark has big news tonight.

Member: Just realized today is the 8th, Iraq was supposed to get loaded cards today???

Member: I’m wondering if any bond holders were liquid yet?

Member: Wish we were liquid.

MZ: I had one person go into a meeting. That was over 2 hours ago…no response yet. I was hoping to have an update by now. Maybe I will hear the results before we wrap up tonight.

MZ: I have another one who went into a meeting about 8 minutes ago. They are expecting their final contracts and 1% payment at those meetings. I know a couple more with appointments tomorrow as well.

Member: I wonder how far thru bond process are we... 30% complete before we go? That was the rumor.

MZ: In Iraq: “The speaker of the House of Representatives , Dr. Mashadani receives the charge at the US Embassy” in other words Mr. Rubenstien from the American Chamber of Commerce and delegation has arrived. They will have large scale meetings to bring billions of dollars of investments to Iraq. These are international business people looking for international business opportunities.   

MZ: They would not be there unless Iraq was about to rise. And that means a potential for new rates.

MZ: “ Iraqi government issues new decisions” This one is fantastic and a long read. It shows a country that is growing and ready to launch on the world stage..

 Member: MarkZ, yesterday Trump said that tariffs and currency have both been unbalanced and need to be more fair….sounds like a reset to me.

MZ: I love it….He is telling us what he is doing

Member: My bags are packed and I’m ready to go….lol…..come on RV!!!

Member: Everyone enjoy the rest of your evening……Sweet RV dreams tonight.

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 NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:     https://www.youtube.com/watch?v=IO1OnF8GJYY

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Iraq Economic News and Points to Ponder Tuesday Afternoon 4-8-25

Government Advisor: Iraq Will Face Two Shocks As A Result Of Trump's Decisions.
 
 April 6, 18:53  nformation / Baghdad..  The Prime Minister's advisor for economic affairs, Mazhar Mohammed Salih, revealed on Sunday that  Iraq will face two economic shocks as a result of US President Donald Trump's decisions, noting that the US is a secondary trading partner for Iraq.
 
"Iraq is immune to the impact of tariffs on its exports to the US, as the latter is a secondary trading partner.  Iraqi oil exports to the US do not exceed $5 billion annually, while Iraq imports electronic goods and cars from the US at a similar value," Saleh said in a statement followed by Al-Maalouma Agency.

Government Advisor: Iraq Will Face Two Shocks As A Result Of Trump's Decisions.
 
 April 6, 18:53  nformation / Baghdad..  The Prime Minister's advisor for economic affairs, Mazhar Mohammed Salih, revealed on Sunday that  Iraq will face two economic shocks as a result of US President Donald Trump's decisions, noting that the US is a secondary trading partner for Iraq.
 
"Iraq is immune to the impact of tariffs on its exports to the US, as the latter is a secondary trading partner.  Iraqi oil exports to the US do not exceed $5 billion annually, while Iraq imports electronic goods and cars from the US at a similar value," Saleh said in a statement followed by Al-Maalouma Agency. 

 Saleh pointed out that "the new tariffs could lead to higher costs for global supply chains, causing  cross-border economic inflation, as well as a  decline in the oil asset cycle resulting from the protectionist trade policies pursued by the US through its control of the world's largest trading regions."

He explained that "Iraq will face two major shocks: the  first is a relative disruption in the prices of some materials within the supply chains, and the  second is a gradual decline in the oil asset cycle, which could lead to oil prices falling during the summer season to below their stable market values."  End 25    
  
https://almaalomah.me/news/95315/economy/مستشار-حكومي:-العراق-سيواجه-صدمتين-جراء-قرارات-ترامب 

The Turkish Wealth Fund And The Iraq Development Fund Sign A Memorandum Of Understanding For Joint Cooperation.
 
Tuesday, April 8, 2025 11:52 | Economic     Number of readings: 310  Baghdad / NINA / The Director General of the Turkish Wealth Fund, Arda Armut, and the Executive Director of the Iraq Development Fund, Mohammed Al-Najjar, signed a memorandum of understanding for joint strategic cooperation.
 
"Relations between Türkiye and Iraq have always held a special place as two countries with a long history, a shared geography, and strong fraternal ties," Ermut said at a press conference held today in Baghdad with the executive director of the Iraq Development Fund. He added that
 
this centuries-old friendship between the two countries has been strengthened over time by mutual trust and solidarity, transforming into a brotherhood that is not limited to neighborliness but rather united around common goals. He pointed out that
 
"this memorandum of understanding is a major step that will enhance cooperation between Türkiye and Iraq, not only at the regional level but also at the global level." He explained that the
 
Turkish Wealth Fund will cooperate extensively with the Iraq Development Fund in developing, financing, and implementing projects, noting that
 
the signed memorandum of understanding clearly embodies the determination to work together, particularly in specific strategic sectors. He said,
 
"We aim to cooperate in a wide range of areas, from renewable and green energy to information and communications technology, from infrastructure and superstructure investments to transportation and logistics services, from automobiles to agricultural technologies and food production, and from financial services to fintech applications."

He added, "In addition to investments, we will also cooperate closely on issues such as information exchange, technology transfer, and the joint use of resources.
 
This will ensure that our joint projects have a broader and more sustainable impact."
 
The head of the Turkish Wealth Fund expressed his belief that this memorandum will support comprehensive and sustainable development in both Türkiye and Iraq, and that
 
this cooperation will enhance regional economic stability and further strengthen the friendship between the two countries. He pointed out that the
 
Turkish Sovereign Wealth Fund places great importance on establishing long-term relationships based not only on economic relations, but also on trust and shared values, as embodied in the memorandum of understanding between the two sides.
 
For his part, Mohammed Al-Najjar said:
 
This is a very important step not only for the "Development Road" project, but
also for all other projects, partnerships, and relationships. Al-Najjar added,
 
"For the first time, we are signing long-term strategic projects between Iraq and Turkey that go beyond trade relations." He pointed out that
 
the signed memorandum of understanding also forms the basis for future joint projects. It's worth noting that
 
the "Development Road" project is a land and railway route extending from Iraq to Turkey and its ports.
 
It spans 1,200 kilometers within Iraq and aims to transport goods between Europe and the Gulf states.
 
On April 22 of last year, TurkeyIraqQatar, and the UAE signed a quadripartite memorandum of understanding in Baghdad for cooperation on the "Development Road" project, under the auspices of Turkish President Recep Tayyip Erdoğan and Prime Minister Mohammed Shia al-Sudani.
 
Under the terms of the memorandum of understanding signed today in Baghdad, the two sides will work together under a structured cooperation mechanism to develop, finance, and implement projects. The first tangible results of this joint effort are expected to appear by next month.

The memorandum also includes joint commitments on innovation-focused investments in some key sectors of strategic importance.
 
These sectors include renewable energy and green energy technologies, information and communications technology, infrastructure and superstructure investments, transportation and logistics, automotive, agricultural technology and food production, and financial services and fintech.
 
Cooperation outside these investment areas includes the exchange of knowledge and expertise, technology transfer, and the allocation and mobilization of strategic resources.
 
This cooperation is expected to   support comprehensive and sustainable economic development in Türkiye and Iraq,  enhance regional economic stability and growth, and   deepen the long-standing strategic relations between the two countries. /End   https://ninanews.com/Website/News/Details?key=1196340 

Tomorrow... Iraqi And American Chambers Of Commerce Sign Contract To Regulate Private Sector Operations
 
Economy     Today, 21:59  Baghdad – INA  The head of the Federation of Iraqi Chambers of Commerce, Abdul Razzaq al-Zuhairi, announced today, Tuesday, the signing of an agreement with the American Chambers of Commerce to regulate the work of the private sector tomorrow, Wednesday. He explained that the government has included regulating the work of the private sector in its program.
 
In a statement to Al-Iraqiya News, followed by the Iraqi News Agency (INA), al-Zuhairi said,
 
"Tomorrow will witness the signing of an agreement with the American Chambers of Commerce to regulate the work of the private sector." He explained that "American companies are characterized by greater flexibility and capabilities, and they have extensive experience working with countries around the world.

In addition, the  Americans have everything they need to work in Iraq, especially in the field of industry."  He pointed out that "the banking base in Iraq has become large and global, and it is possible for us to work with it."

He explained that  "the agreement signed yesterday, in addition to the agreement to be signed tomorrow, includes regulating work in the Iraqi and American private sectors." 

He emphasized that the government has included in its program the regulation of the private sector and supports many areas, especially loans and the purchase of machinery and equipment," noting that "despite the difficult circumstances we faced, the results were positive on the ground."
 
Al-Zuhairi also referred to "addressing taxes, customs, the companies law, and the agency law," indicating that "there is a package that the government sent to Parliament for a vote, which is the most important package."  He explained that "the work of the private sector requires continuous updating, as there are new systems, laws, and new programs that change from time to time.
 
Land acquisition was previously under the agrarian reform law, as was the energy issue, and many other issues have been finalized."  He explained that
 
"what the government has done over the past period has been exceptional," expressing his hope that
 
"support for the private sector will continue in order to attract the largest number of international companies and employ the workforce."    https://www.ina.iq/231651--.html

 

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

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Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 4-8-25

Good Afternoon Dinar Recaps,

COINBASE TO INTRODUCE 24/7 FUTURES TRADING FOR BITCOIN AND ETHEREUM ON MAY 9

▪️Coinbase Derivatives has announced the launch of 24/7 Bitcoin and Ethereum futures trading for US traders on May 9.

▪️The launch will allow US-based crypto derivatives investors to trade Bitcoin and Ethereum futures contracts round-the-clock.

▪️The contracts will be backed by Coinbase Financial Markets and cleared through Nodal Clear, ensuring clear institutional framework.

Good Afternoon Dinar Recaps,

COINBASE TO INTRODUCE 24/7 FUTURES TRADING FOR BITCOIN AND ETHEREUM ON MAY 9

▪️Coinbase Derivatives has announced the launch of 24/7 Bitcoin and Ethereum futures trading for US traders on May 9.

▪️The launch will allow US-based crypto derivatives investors to trade Bitcoin and Ethereum futures contracts round-the-clock.

▪️The contracts will be backed by Coinbase Financial Markets and cleared through Nodal Clear, ensuring clear institutional framework.

Coinbase greenlights 24/7 futures trading for Bitcoin and Ethereum Futures

Coinbase has announced the decision to launch 24-hour trading functionality for US-based traders on May 9 2025, just 24 hours after the US congress advanced a bill for crypto stablecoin regulations. However, until now, US traders have faced limited access due to fixed market hours and contract expiration policies.

By introducing 24/7 trading, Coinbase aims to eliminate inefficiencies that prevent traders from reacting to price movements in real time.

Perpetual futures to bridge US trading inefficiencies

In addition to continuous trading access, Coinbase is also developing a perpetual-style futures contract. Unlike standard futures, these contracts do not have expiry dates, allowing traders to maintain positions indefinitely.

The new perpetual-style contracts aim to provide US traders with more efficient hedging and strategy execution.

Without the constraints of fixed expirations, traders can implement long-term positions without disruptions. Furthermore, the introduction of a regulated perpetual futures market within the US could reduce reliance on offshore exchanges, which have historically offered more competitive alternatives.

Crypto Regulations remain a crucial factor. In recent years, Coinbase has worked closely with the Commodity Futures Trading Commission (CFTC) to ensure compliance while expanding derivatives offerings to altcoins.

The US Congress also advanced a bill for Crypto stablecoin regulations this week
 as the Trump administration continues to push for crypto reserves, to mitigate mounting national debt.

Key points Coinbase users must note:

▪️Coinbase Derivatives launches 24/7 Bitcoin and Ethereum futures for US traders on May 9.
▪️The exchange is developing perpetual-style futures to eliminate contract expirations, enhancing trading flexibility within US markets.
▪️Coinbase's move is expected to boost institutional crypto adoption while reducing the need for offshore derivatives platforms.

Currently, derivatives account for over 75% of total crypto trading volume globally, according to CCdata.

Investors anticipate that the Coinbase imminent furtures trading launch could drive more capital inflows towards BTC and ETH derivatives markets.


At press time Bitcoin futures open interest stands at $53 billion according to Coingecko data, up 1.6% within the last 24 hours.

Market participants anticipate that the upcoming futures launch and perpetual contract developments will drive greater institutional participation in US-based crypto derivatives.

Perpetual futures lack expiration dates, enabling traders to hold positions indefinitely, providing better flexibility for long-term strategies.

@ Newshounds News™
Source:  
FX Street

~~~~~~~~~

XRP AND U.S. TREASURY: RIPPLE MIGHT GIFT XRP AS CODE TO THE GOVERNMENT

John Squire, a social media influencer with a growing presence in the digital asset space, posted a tweet raising the possibility that XRP could be incorporated into the U.S. government infrastructure through non-commercial means.

In his post, Squire stated, “XRP x U.S. Treasury. This ain’t hype, it’s infrastructure. Ripple might gift $XRP as code to the gov. They won’t buy it… they’ll use it. Are you watching or still sleeping?

The Concept of a Gratis Vendor

Squire’s message was accompanied by a short video clip (link below) of an interview in which an unidentified speaker (Newshounds believes it is Commerse Secretary Howard Lutnick) described the process of becoming a “gratis vendor” for the U.S. government. The speaker explained that a gratis vendor is an approved entity that gives, rather than sells, a product or service to the federal government.

According to this explanationwhen a vendor provides a product as a gift—especially if offered to an entity under Article II of the U.S. Constitution, which includes the executive branch—the product may be accepted without going through standard procurement procedures.

In the interview, the first speaker said, “What is a gratis vendor? A gratis vendor is an approved vendor for the United States of America that gives product to the government, doesn’t sell it. Therefore, I don’t have to go through the whole process of becoming a proper vendor because you’re giving it to us.”

The speaker went on to say that if the product is gifted to a government department, it bypasses much of the bureaucracy typically involved in federal acquisitions.

Implications for XRP and Ripple

Squire used this segment to suggest that Ripple Labs could utilize the gratis vendor model to offer XRP or XRP-related code to the U.S. government as a non-commercial resource.

The core implication in Squire’s statement is that Ripple would not sell XRP to the government but provide it or its infrastructure freely for governmental use.

The tweet did not contain any formal confirmation from Ripple or any government entity that such an arrangement is currently in place. However, it aligns with previous conversations in the digital asset space about the potential role of XRP in the modernization of governmental and financial systems.

Squire’s emphasis on the infrastructure aspect of the tweet indicates that he sees this potential move not as a marketing strategy or speculative hype but as a functional step toward broader adoption of distributed ledger technology within federal agencies.

Current Status and Outlook

If Ripple pursues this approachit could theoretically allow government entities to evaluate or deploy XRP-powered systems without needing to engage in standard procurement or regulatory clearance typically required for financial acquisitions. While speculative, Squire’s commentary underscores the view held by some in the digital asset community that XRP’s real-world utility could extend into official public-sector functions.

@ Newshounds News™

Source: Times Tabloid

Video Clip:   X com

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

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Follow the Timeline 

Seeds of Wisdom Team™ Website

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The Financial Kill Switch Has Been Flipped – No More 'Buy the Dip' | E.B. Tucker

The Financial Kill Switch Has Been Flipped – No More 'Buy the Dip' | E.B. Tucker

Kitco News:  4-7-2025

U.S. markets have erased nearly $10 trillion. Gold briefly slipped below $3,000 an ounce. The VIX spiked above 60. And now, with President Trump threatening 50% tariffs on China, the global financial system is showing signs of strain.

 In this interview, E.B. Tucker, author of Why Gold? Why Now? and editor of The Tucker Letter, joins Jeremy Szafron, Anchor at Kitco News, to break down what he calls the triggering of the “Financial Kill Switch.”

The Financial Kill Switch Has Been Flipped – No More 'Buy the Dip' | E.B. Tucker

Kitco News:  4-7-2025

U.S. markets have erased nearly $10 trillion. Gold briefly slipped below $3,000 an ounce. The VIX spiked above 60. And now, with President Trump threatening 50% tariffs on China, the global financial system is showing signs of strain.

 In this interview, E.B. Tucker, author of Why Gold? Why Now? and editor of The Tucker Letter, joins Jeremy Szafron, Anchor at Kitco News, to break down what he calls the triggering of the “Financial Kill Switch.”

Tucker explains why the era of “buy the dip” is over, how the system is being reprogrammed, and where capital should move before the next phase hits.

Key Topics:

– Why the “virtuous circle” of rising markets is dead

 – What the Fed’s silence means as recession rumors grow

– Gold’s role as the only asset without a kill switch

– Why Poland, China, and Germany are moving fast on gold

 – How the system is designed to keep most investors paralyzed

– What sectors could thrive under Trump’s new regime

– Why Tucker says “most people are fully exposed and don’t even know it”

00:00 Introduction: Financial Kill Switch

01:45 Market Volatility and Investment Strategies

 04:48 Historical Context and Market Predictions

11:49 Regime Change and Economic Policies

16:50 China's Role in the Economic Landscape

 18:07 Understanding Larry Fink's Influence

18:56 Introduction to Gold Investment

 19:12 Gold's Market Performance and Value

21:11 Strategic Asset Management with Gold

25:06 Market Trends and Stock Recommendations

27:49 The Future of the Economy and Defensive Stocks

31:43 Final Thoughts

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

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Tuesday Coffee with MarkZ. 04/08/2025

Tuesday Coffee with MarkZ. 04/08/2025

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 everyone….I hope you’re having a pleasant day and God bless you all.

Member: Still poor and waiting …hopefully we are almost there!!!

Tuesday Coffee with MarkZ. 04/08/2025

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 everyone….I hope you’re having a pleasant day and God bless you all.

Member: Still poor and waiting …hopefully we are almost there!!!

Member: Could today be the day we have been waiting for?????

MZ: There are great bond expectations for later on today.  Most of them are coming out of Europe so we will keep an eye on it. Hopefully we will hear something positive later on today or tonight. Hopefully we will see some progress.

Member: Many others are also saying bond payments start today and tomorrow

MZ: Yes I am hearing that from a number of sources. European and Asian sources are anticipating final contracts and payments sometime today or tomorrow…Domestic contacts are not hearing a thing yet.

MZ: Many are sitting on pins and needles today.

Member: MM&Crew had an AMAZING video put out in the last 24 hours. don't miss it!

MZ: “Sudani discusses with JP Morgan mechanisms to secure remittances and their access to Europe and America”  this is all about the banking reforms/white paper reforms. These reforms will end in raising the purchasing power of all Iraqis

Member: Iraq Cards go Live tomorrow....hmmmm

MZ: “No significant barriers left to resume Kurdish oil exports”  Many articles about this today.

MZ: “A parliamentarian reveals the date of arrival of the 2025 budget tables”  It will be later this week or early next week

MZ: The timing maybe ideal to tie in with our bond completions.

Member: A delegation of economists are in Iraq right now….over 60 of them …..To me this sounds exciting.

Member: If oil drops keeps dropping- what will that do to the rv ?

MZ: They say in articles that this will not affect them…A advisor to Sudani say they have taken into account oil fluctualtions.  

​​Member: I think the 50.00 or so  oil is good for the adjustment of prices of all other goods

Member: Major turning point in Iraq's security landscape, several Iranian-backed militia groups prepared to disarm in an effort to prevent conflict w/US under Pres Donald Trump. - Reuters

MZ: “Vietnam to begin high speed rail construction in 2026” A fun one from Vietnam …..this train will be going over 200 miles per hour.

Member: DOW made the necessary alignment corrections +1,109.00 but is still inflated.

Member: Mark- for the peeps still worrying- The Dow is higher today (39,364.05) than at the close on 4/30/2024 (37,815.92).

Member: Did anything happen at the closed door meeting of the Federal reserve yesterday?

MZ: I have not been able to find anything …yet.

Member: Rueters, news Anchors and economists are now talking about revaluations and exchange rates ect….Main stream is now talking about what we have been talking about for years.

MZ: They are …how many articles are we seeing talking about resets…fianancial resets….talking about moving to gold…..wow….its big conversations in financial realms all over the world. They are all talking about the impending reset to commodities.

Member: Can you give us the QFS link?

MZ: There is no QFS link. There is some really bad information being spread out there. You cannot get a QFS account yet.

Member: Hopefully, the QFS is running parallel with everything so they already knew what needs to be done on day one.

Member: We have a few dates of interest coming up….April 15th is tax day…(was hoping taxes would be gone by then) and April 20 is Easter…Easter weekend is a 3 day weekend – maybe a 4 day weekend with good Friday.

Member: Everyone have a great day……the best is yet to come

Member: Mark, have a great visit with your family. Thank you, all mods & all guests for your work.

Mod:  MARK! TAKE TONIGHT OFF! SPEND YOUR TIME WITH FAMILY UNLESS BREAKING NEWS HAPPENS

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 TOMORROW MORNING FOR NEWS @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS! 

Youtube:     https://www.youtube.com/watch?v=e29kD2nBNDs

 

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News, Rumors and Opinions Tuesday 4-8-2025

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 Tues. 8 April 2025

Compiled Tues. 8 April 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Tues. 25 March 2025 Mr. Pool: Reports from Reno suggest that the first batches of ZIM holders have been escorted under military guard to classified exchange points.

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 Tues. 8 April 2025

Compiled Tues. 8 April 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Tues. 25 March 2025 Mr. Pool: Reports from Reno suggest that the first batches of ZIM holders have been escorted under military guard to classified exchange points. https://t.me/Official_MrPool

On Tues. 25 March at 2am EST Tier 3 and T4a Paymasters were (allegedly) made LIQUID. …Mel on BOOM Call https://youtu.be/VSmR4LfsfYs

Thurs. 27 March 2025 Bruce: Bond Holder Paymasters were saying Bond Holders would have access to their accounts last weekend. As of ten am Thurs. 27 March 12% of Bond Holders had gone through. Multiple sources said Tier4b (Us, The Internet Group) would likely get notification to set appointments very soon. The full revaluation will (allegedly) happen after Tues. 1 April 2025. The month of April will (allegedly) see an increase in Social Security payments. On Thurs. 27 March the 800 number was (allegedly) being loaded into the various systems.

Sat. 5 April 2025 MarkZ: I have some Wealth management/redemption contacts working tomorrow Sun. 6 April. I know a couple will be landing in a redemption area on Tuesday 8 April and they hope it’s to work and start 4b exchanges. They are trained to help with tier 4b. I do have some bond folks that have received some dollars. Not nearly enough have gone yet to release things to us. Not nearly enough large groups and large numbers of people have been completed yet. But money is moving …people have real dollars…..so to me it’s clear things are underway.

~~~~~~~~~~~~

Mon. 7 April 2025 URGENT: QFS IS ACTIVE — GESARA IS REAL — THE DEEPSTATE IS FALLING FAST …John F. Kennedy Jr. on Telegram

The Quantum Financial System (QFS) is LIVE and tracking every corruptt banker, every treasonous politician, and every dirty transaction across the globe. The Deepstate’s days are DONE.

Bankers are being arrested in real time. Gitmo flights are increasing. The QFS is untouchable — run by quantum satellites protected by classified Space Force tech, rendering all Cabal attempts to hack or delay the system completely useless.

GESARA is no longer a dream — it’s coming FAST. Every country that wants to trade must be GESARA compliant. Those that aren’t? They’ll be left behind, begging for survival through bartering like medieval peasants.

The Central Bank system is collapsing. The QFS is already replacing SWIFT, crypto, and outdated blockchains. All currencies will be backed by real gold or assets, not fake fiat or imaginary tokens.

This isn’t some future event — it’s happening RIGHT NOW. The QFS has been secretly running alongside the corrupt system, catching every illigal transfer. That’s why so many bankers have vanished.

Every dollar, euro, and yen is being digitally tagged, traced in real-time. If it’s stolen, the system knows who, when, and where, and arrests follow instantly. The Cabal is out of moves — and they know it.

The Revaluation and Global Currency Reset (GCR) are ready to roll. A powerful formula is being used to value every currency equally, backed by physical gold. When it launches, the price of gold becomes irrelevant — because all money will be tied to real assets.

Read full post here:  https://dinarchronicles.com/2025/04/08/restored-republic-via-a-gcr-update-as-of-april-8-2025/

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

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

Walkingstick  Iraq has mirrored our banks and Iraq has mirrored our ports. 

Jeff   The rate change is extremely close...It's ridiculously close right now.  It's amazingly close.   When the rate does change I will let you know...

Militia Man  Article:  "The Central Bank of Iraq denies stopping supplying travelers with dollars and the official price"  Well well! The Central Bank is putting the fake news on notice! The bank will not tolerate fake news and may prosecute those responsible for today’s earlier article stating that Iraq stopped selling dollars to travelers at the official exchange rate. This shows there are entities that want to stir up doubt and that doubt goes against her focus on sustaining confidence in the banking system! Good on the central bank!

All Steps Point To Recession': Which Asset Will Recover First? | Gary Wagner

David Lin:  4-8-2025

Gary Wagner, Editor of TheGoldForecast.com, discusses what's next for the economy, stocks, and gold.

0:00 - Intro

1:00 – Recession

 3:34 - Tariffs and market reaction

5:25 - Is gold still a safe haven?

10:30 - Gold technicals

17:55 - Gold vs. Stocks

22:30 - Gold to $3,500

 23:54 - Silver vs. Gold

26:00 - Gold bear market

https://www.youtube.com/watch?v=2pu7VbsAm90

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Seeds of Wisdom RV and Economic Updates Tuesday Morning 4-8-25

Good Morning Dinar Recaps,

FIRST-EVER XRP ETF TO LAUNCH IN US TUESDAY; SPOT ETF STILL PENDING

▪️Teucrium Investment Advisors LLC is launching a leveraged XRP ETF on Tuesday, which is the first XRP-based ETF in the U.S. market.

▪️Multiple U.S. issuers have filed for spot XRP ETFs, which are still being reviewed by the SEC.

▪️One analyst said the likelihood of spot XRP ETFs being approved this year has grown, but demand for such funds remains uncertain.

Good Morning Dinar Recaps,

FIRST-EVER XRP ETF TO LAUNCH IN US TUESDAY; SPOT ETF STILL PENDING

▪️Teucrium Investment Advisors LLC is launching a leveraged XRP ETF on Tuesday, which is the first XRP-based ETF in the U.S. market.

▪️Multiple U.S. issuers have filed for spot XRP ETFs, which are still being reviewed by the SEC.

▪️One analyst said the likelihood of spot XRP ETFs being approved this year has grown, but demand for such funds remains uncertain.

Vermont-based asset manager Teucrium Investment Advisors LLC is launching the first XRP-based exchange-traded fund in the U.S. market on Tuesday.

The Teucrium 2x Long Daily XRP ETF (XXRP) is a leveraged fund based on the world's fourth-largest cryptocurrency by market capitalization, designed to provide investment results that correspond to twice the daily price performance of XRP.

"If you have a short-term high-conviction view on XRP prices, you may consider exploring the Teucrium 2x Long Daily XRP ETF," the company said on the website.

According to its description, XXRP starts trading on April 8 on NYSE Arca, with monthly distributions at a 1.85% management fee ratio.

On the Depository Trust and Clearing Corporation's (DTCC) official list of active and pre-launch U.S. ETFs, Teucrium's XXRP stands as the only XRP-related fund.

"A 2x XRP ETF is launching [tomorrow] in the U.S., the first-ever XRP ETF on the market," Bloomberg Senior ETF Analyst Eric Balchunas said in a post on X.

"Very odd (maybe a first) that a new asset’s first ETF is leveraged. Spot XRP still not approved, [although] our odds are pretty high," Balchunas added.


Demand for spot ETF uncertain

Multiple U.S. issuers, including Grayscale, WisdomTree and Bitwise, have filed applications with the U.S. Securities and Exchange Commission following waves of positive changes in crypto regulation led by President Donald Trump.

Several spot XRP ETF filings have been acknowledged by the SEC earlier this year, suggesting the review process is moving forward.

Meanwhile, Ripple Labs, the company that created and supports the growth of XRP, agreed to settle with the SEC last month, ending their years-long legal battle over whether XRP counts as a financial security. Ripple agreed to pay a fine of $50 million, reduced from the $125 million that was imposed last August.

"With the SEC dropping its appeal, a key legal hurdle is out of the way, making XRP ETF approval more likely,said Min Jung, research analyst at Presto Research"If any new spot ETFs are approved after Bitcoin and Ethereum, XRP or Solana are strong contenders."

However, Jung noted that demand for spot XRP ETFs remains uncertain. "Ethereum ETFs have seen limited traction, and institutions still largely believe 'there is no second best,'" Jung said.

According to The Block's XRP price page, the cryptocurrency is trading at $1.91 as of 11:00 p.m. ET on Monday, up 0.64% in the past 24 hours.

@ Newshounds News™
Source:  
The Block

~~~~~~~~~

HONG KONG SFC ISSUES NEW CRYPTO STAKING RULES: WHAT’S CHANGING?

▪️Hong Kong's SFC issues new rules for licensed crypto platforms and funds involved in staking.

▪️The guidelines aim to boost blockchain security, offer regulated yields, and enhance investor protection.

▪️These moves are part of Hong Kong's "ASPIRe" plan to become a leading regulated virtual asset hub.


Hong Kong is stepping up its game in the crypto space. In a move to tighten oversight and improve investor safety, the city’s Securities and Futures Commission (SFC) has rolled out new rules for virtual asset trading platforms and authorised funds involved in staking.

The move is part of the city’s efforts to tighten oversight and create a safer, more structured crypto market.

From clearer rules to new opportunities for investors, the SFC’s latest update could signal a turning point. Here’s what’s changing, and why it matters.

Regulated Crypto Staking: A Step Forward

The updated rules highlight key benefits of staking—such as improving blockchain security and helping investors earn yields—all within a regulated environment. These guidelines give licensed crypto platforms more flexibility to offer staking services, supporting the SFC’s “ASPIRe” strategy to grow Hong Kong’s virtual asset industry.

The SFC has set out clear requirements for platforms that offer staking. These include protecting staked assets, avoiding service disruptions, and being transparent about the risks involved. This marks a major step toward making staking safer for investors in Hong Kong.

Funds Can Stake – But Within Limits

The SFC also updated its circular for SFC-authorised virtual asset (VA) funds. These funds can now stake assets—but only through licensed platforms or approved institutions. To reduce risk, a cap has been set on how much they can stake. This helps manage liquidity and further protect investors.

SFC CEO Julia Leung said that expanding regulated crypto services is key to growing Hong Kong’s virtual asset market. At the same time, she stressed that protecting investors must remain the top priority through strong regulation and compliance.

A Global Crypto Hub in the Making

The SFC is actively working to position Hong Kong as a global digital asset hub. Its ASPIRe framework—short for Access, Safeguards, Products, Infrastructure, and Relationships—aims to make it easier for platforms to enter the market while strengthening investor protections.

In February 2025, the SFC announced plans to launch new licensing regimes for over-the-counter (OTC) virtual asset trading and custody services. These new rules are aimed at improving market efficiency and boosting investor confidence.

As the crypto world keeps moving fast, Hong Kong clearly wants the rules to keep pace – and stay one step ahead.

@ Newshounds News™
Source:  
Coinpedia

~~~~~~~~~

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

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Advice, Economics, Personal Finance DINARRECAPS8 Advice, Economics, Personal Finance DINARRECAPS8

Hoarding Cash and Delaying Purchases

Hoarding Cash and Delaying Purchases: Anxious Retirees React To The Stock Market Selloff

Alicia Adamczyk  Updated Mon, April 7, 2025  Fortune

Though few people are enjoying the tariff-induced market meltdown, it is an especially tough time for retirees and those near retirement, who have been hit with a double financial whammy: Not only are their portfolios losing value at a time when they can least afford it, but they are also often the people least able to absorb higher costs on their fixed incomes.

Though financial advisors generally advise clients to remain calm in the face of market volatility, they say some clients have made a few key moves over the past few days to put themselves in better positions.

Hoarding Cash and Delaying Purchases: Anxious Retirees React To The Stock Market Selloff

Alicia Adamczyk  Updated Mon, April 7, 2025  Fortune

Though few people are enjoying the tariff-induced market meltdown, it is an especially tough time for retirees and those near retirement, who have been hit with a double financial whammy: Not only are their portfolios losing value at a time when they can least afford it, but they are also often the people least able to absorb higher costs on their fixed incomes.

Though financial advisors generally advise clients to remain calm in the face of market volatility, they say some clients have made a few key moves over the past few days to put themselves in better positions.

"I have been advising my retiree clients for months to build up their cash reserve to about one year's worth of withdrawals from their portfolio, at minimum," says Katrina Soelter, California-based certified financial planner (CPF). This allows retirees the ability to avoid taking disbursements, withdrawals from a retirement account, at a loss. "If retirees don't have that cash reserve right now, then building that up strategically over the next several months would be key."

For many, a key consideration is distinguishing between money needed now and money needed later, says Brenna Baucum, an Oregon-based CFP.

"One client who reached out this week was understandably anxious, but we were able to revisit a decision we made in January to move this year's required minimum distribution into cash," says Baucum. "Knowing they won't need to sell anything from their investment portfolio again until, at the latest, December 2026 gave them real peace of mind."

Other clients are postponing large or nonessential discretionary purchases in order to keep some liquid breathing room in their budget. That said, it can also make sense for pre-retirees and retirees on fixed incomes to speed up some spending. At a time when headlines are warning of potential $2,300 iPhones, consumers need to think through how their spending could be impacted.

"With new tariffs on the horizon, it's worth being intentional about spending," says Baucum. "If you were already planning to buy goods from soon-to-be-tariffed countries…it may make sense to accelerate those purchases. That's not market timing, it’s thoughtful consumption."

It's important to be proactive and track expenses closely, says New York CFP Melissa Caro.

"Retirees may need to adjust spending or consider inflation hedges like TIPS or a refreshed asset allocation to stay on track," says Caro, referring to Treasury Inflation-Protected Securities, which are bonds whose principal and interest rate payments increase with inflation.

Shifting investment strategies

TO READ MORE:

https://www.yahoo.com/finance/news/hoarding-cash-delaying-purchases-anxious-131537855.html

 

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