Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Thursday Morning 4-17-25

 Good Morning Dinar Recaps,

RIPPLE VS SEC LAWSUIT UPDATE: 60-DAY COURT PAUSE EXPLAINED

▪️The Ripple-SEC case is paused for 60 days, sparking speculation of behind-the-scenes developments.

▪️A crypto lawyer suggests Ripple and the SEC might be negotiating a settlement and seeking clarity on private token sales.

▪️The case's future hinges on potential agreements, Judge Torres' rulings, and could extend into late 2026 if no deal is reached.

 Good Morning Dinar Recaps,

RIPPLE VS SEC LAWSUIT UPDATE: 60-DAY COURT PAUSE EXPLAINED

▪️The Ripple-SEC case is paused for 60 days, sparking speculation of behind-the-scenes developments.

▪️A crypto lawyer suggests Ripple and the SEC might be negotiating a settlement and seeking clarity on private token sales.

▪️The case's future hinges on potential agreements, Judge Torres' rulings, and could extend into late 2026 if no deal is reached.

The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is taking yet another twist. While the U.S. Court of Appeals has agreed to pause the case for 60 days, this has sparked fresh speculation and raised new questions: Is something happening behind the scenes? Could a major shift be coming in one of crypto’s most closely watched legal fights?

Prominent crypto lawyer James Farrell has shared some insights that might offer clues – and they’re worth paying attention to.

Why the Pause?

According to Farrellthis pause may be a sign of major developments ahead. Both Ripple and the SEC asked for the pause together, which suggests they might be working on something behind closed doors.

Farrell says there are two possibilities in play: a potential settlement and an “indicative ruling” from Judge Analisa Torres. Ripple is hoping the judge will allow it to sell private tokens under certain conditions—something it’s currently not allowed to do because of past violations.

If Ripple isn’t allowed to sell tokens privately, it may not be able to go public any time soon. While other crypto companies might move ahead with IPOs, Ripple could be stuck waiting for years before launching its own.

Two Possible Paths Forward

Farrell explains that Ripple and the SEC might be considering two paths:

▪️Settlement Without Rule Change
Ripple could offer a settlement to the SEC. If the SEC accepts the deal but denies Ripple’s request to change the rules, the case would end. However, Ripple would still need Judge Torres to approve the rule change. That process could take another 3 to 6 months – and there’s no guarantee the judge would say yes.

▪️Full Agreement With Rule Change
In this option, the SEC agrees to both the settlement and Ripple’s request. The case would return to Judge Torres, who would then decide how to move forward. But even in this case, it could still take months, depending on how quickly the court acts.

How Soon Could This End?

If Ripple and the SEC reach a full agreement, the appeal could be dismissed as early as next month. But if Ripple has to file separately for rule changes, things could drag on much longer.

If no deal is made at all, the case could go back to the appeals court – possibly stretching the legal battle into late 2026 or even 2027.

The SEC is expected to make its next official move by June 15. Until then, both the crypto world and the legal community will be watching closely to see what happens next.

Ripple’s path forward might be uncertainbut the next few months could shape the future of crypto regulation in a big way.

@ Newshounds News™
Source:  
Coinpedia

~~~~~~~~~

CARDANO ENTERS BRAZIL THROUGH MAJOR UNIVERSITY COLLABORATION

The Cardano Foundation has formally announced a new partnership with the Pontifical Catholic University of Rio de Janeiro (PUC-Rio), a top-ranked Brazilian university renowned for its contributions to research and development.

The collaboration, revealed on April 15, will concentrate on the advancement and practical application of blockchain technology, specifically within the energy sector in Brazil.

Cardano Partners with Top Brazilian University

PUC-Rio is recognized as one of the top five private universities in the world for excellence in research and development, and it has a broad history of partnerships within the energy industry.

 The establishment of this collaboration follows previous cooperative efforts between PUC-Rio and the Brazilian state-owned enterprise Petrobras, as well as the Cardano Foundation’s own involvement with Petrobras on blockchain-driven initiatives.

Through this new endeavor, PUC-Rio’s Ledger Labs—a research group concentrating on the utilization of DLT in finance and business—will receive support from the Cardano Foundation to explore various aspects of blockchain implementation

According to official statementsthe initial areas of focus will include blockchain economics, decentralized finance (DeFi), governance of decentralized autonomous organizations (DAOs), and digital assets.

“At the core of blockchain advancement are education and innovation. Through our collaboration with esteemed academic institutions like PUC-Rio, the Cardano Foundation ensures that the next generation of developers, industry leaders, and regulators can harness this transformative technology to its fullest potential—creating solutions that address real-world challenges and drive positive global impact,” Cardano Foundation CEO Frederik Gregaard commented.

The immediate emphasis of this alliance will be directed toward developing blockchain-based solutions that enhance production, consumption, and overall value chains in renewable energy fuels. Joint research and pilot projects in cooperation with Petrobras are expected to delve into specific methods of applying Cardano’s blockchain infrastructure to processes such as tracking and verifying energy outputs, optimizing workflows, and ensuring robust data integrity.

Ledger Labs at PUC-Rio will serve as the operational base for these studies. Leonardo Lima, Vice-Dean of the university and head of Ledger Labs, noted that the scope of the partnership will also encompass philanthropic endeavors geared toward social impact.

“Our partnership with the Cardano Foundation marks the beginning of the development of a series of use cases, not only in the energy industry but also in the field of philanthropy, with a focus on social impact projects,” he said.

Beyond the technological and scientific research, the partnership aspires to enrich PUC-Rio’s blockchain ecosystem by hosting joint events, supporting student-led social projects, and inviting other organizations to collaborate on emerging blockchain strategies. 

A significant part of this development will occur through A.L.B.A (Ada Labs for Blockchain Applications), an arm of Ledger Labs that is expected to integrate standards previously introduced at the Universidad Tecnológica Nacional (UTN) in Buenos Aires, Argentina.

The Foundation’s current expansion in Brazil reflects its growing footprint in the region. “Our partnership with PUC-Rio marks the Cardano Foundation’s second collaboration with a Brazilian entity this year. Last month, we announced our partnership with SERPRO, the world’s largest public IT company, and we have been collaborating with Petrobras, Brazil’s state-owned energy company, since 2023,” said Rafael Fraga, LATAM Business Development Lead for the Cardano Foundation.

@ Newshounds News™
Source:  
Bitcoinist

~~~~~~~~~

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10 Most Awesome Things You Can Do for Your Finances

I’m a Financial Advisor: 10 Most Awesome Things You Can Do for Your Finances

Cara Danielle Brown  Wed, April 16, 2025  GOBankingRates

Looking to make the most of your finances, starting today? Some may think that taking financial risks or chasing trends is the key to maximizing potential.

But, according to Michael Fiammetta, financial advisor at 4 Generations Wealth Management, the best thing one can do this year is the same thing he or she can and should be doing every year: master the basics

I’m a Financial Advisor: 10 Most Awesome Things You Can Do for Your Finances

Cara Danielle Brown  Wed, April 16, 2025  GOBankingRates

Looking to make the most of your finances, starting today? Some may think that taking financial risks or chasing trends is the key to maximizing potential.

But, according to Michael Fiammetta, financial advisor at 4 Generations Wealth Management, the best thing one can do this year is the same thing he or she can and should be doing every year: master the basics.

Maximize Retirement Contributions

Contributing as much as you can as early as you can to your 401(k) or IRA — within annual limits — “is one of the smartest moves you can make for your future self,” Fiammetta said.

This is because nothing helps grow your retirement savings over time like compound interest. Can’t afford to contribute the maximum amount? That’s okay. Fiammetta argued that boosting contributions by a mere 1% in 2025 will impact your financial future.

Diversify Your Portfolio

If your investments are concentrated in one sector or asset class, consider diversifying stat.

“A diversified portfolio–spanning stocks, bonds, real estate, and more — reduces risk and positions you for long-term success,” said Fiammetta. This way, if one or two investments don’t perform well, others can balance out the loss.

Create an Estate Plan

No one likes to think about it. But what would happen to your money if you meet your untimely demise? In the absence of an estate plan, the state would determine who gets your assets based on unique intestacy laws that establish priority order beginning with closest living relatives.

But what if you wish to dictate particular amounts to specific individuals, or you prefer to pass assets to extended family and charitable organizations? Make sure a trust or will is put in place. Having a say in how your money is divided up ensures your preferences are honored and your legacy is carried on. It could also help loved ones avoid probate.

Review and Update Beneficiaries

TO READ MORE:  https://www.yahoo.com/finance/news/m-financial-advisor-10-most-140127402.html

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“Tidbits From TNT” Thursday Morning 4-17-2025

TNT:

Tishwash:  Iraqi government banks suspend loans and advances

An informed source stated on Thursday that some government banks, including Rafidain Bank, have suspended granting loans and financial advances to citizens.

The source told Shafaq News Agency, "Some government banks, particularly Rafidain Bank, have stopped granting loans and advances so far, despite the passage of five months of the current fiscal year. Others have issued loans and advances, but on a very limited basis."

He added, "The main reason behind banks' failure to perform their credit role, including granting loans and advances, is the lack of financial allocations."

TNT:

Tishwash:  Iraqi government banks suspend loans and advances

An informed source stated on Thursday that some government banks, including Rafidain Bank, have suspended granting loans and financial advances to citizens.

The source told Shafaq News Agency, "Some government banks, particularly Rafidain Bank, have stopped granting loans and advances so far, despite the passage of five months of the current fiscal year. Others have issued loans and advances, but on a very limited basis."

He added, "The main reason behind banks' failure to perform their credit role, including granting loans and advances, is the lack of financial allocations."

The source also pointed out that "many citizens have called on Parliament, the Finance Committee, and the government to intervene to release loans, advances, construction loans, and home purchase loans."

Both Rafidain and Rashid Banks provided loans and advances to employees and citizens for various purposes, such as construction, land purchases, car purchases, and other purposes, at a specific interest rate and for a predetermined period.  link

Tishwash:  Reconstruction: World Bank financing of projects will create jobs and support the private sector.

The Ministry of Construction and Housing confirmed on Thursday that the World Bank's facilities will contribute to improving public services in remote and deprived areas, while explaining that the World Bank's financing of projects will create job opportunities and support the private sector.

“The World Bank’s provision of project financing facilities will contribute to expanding the scope of reconstruction with infrastructure services, such as the construction and rehabilitation of water purification plants and sewage treatment plants, as well as road projects, especially in areas that have not been previously implemented and that need these services,” said ministry spokesman Nabil Al-Saffar in an interview followed by “Al-Eqtisad News.” He pointed out that “they contribute to improving public services, especially in remote and deprived areas or those affected by wars and terrorist operations.”

He added, "These projects contribute to creating job opportunities and supporting the private sector by providing financing and supporting economic reforms in the country." He noted that "an agreement was previously concluded between the Iraqi government and the World Bank for Reconstruction and Development in 2015 to reconstruct areas affected by terrorist operations."

He explained that, "according to this agreement, 20 projects were completed, distributed among 20 districts and sub-districts within three governorates (Salah al-Din, Diyala, and Anbar), including the rehabilitation of water and sewage stations, with the number of beneficiaries reaching approximately 3 million people, in addition to a number of projects to equip specialized equipment for the municipal, water, and sewage sectors."  link

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

Tishwash:  Nechirvan Barzani calls on Al-Sudani to activate the Article 140 Committee and thanks him for his efforts regarding Halabja.

Kurdistan Region President Nechirvan Barzani called on Prime Minister Mohammed Shia al-Sudani on Wednesday to activate Article 140 of the Constitution regarding the disputed areas between Erbil and Baghdad, while praising his role in establishing Halabja Governorate.

In a speech delivered at the ninth Sulaymaniyah Forum, Nechirvan Barzani said, "In the Kurdistan Region, regarding our relations with the federal government in Baghdad, we affirm our unwavering commitment to the Iraqi constitution as a framework for regulating this relationship. We believe that the constitution, with its principles of federalism, pluralism, and partnership, is the true guarantor of the rights of all components of Iraq without discrimination."

He added, "The recent period has witnessed remarkable progress in resolving the issues between Erbil and Baghdad, thanks to the commendable efforts of Prime Minister Mohammed Shia al-Sudani, which deserve our appreciation." He added, "Al-Sudani's vision of strengthening commonalities and reducing differences is the correct vision for a solution, and I emphasize here the urgent implementation of the property restitution law and the activation of the committee to implement Article 140 of the Iraqi Constitution."

Nechirvan Barzani stressed that "we will continue constructive dialogue with the federal government to reach permanent solutions to all problems in a way that serves the interests of Iraq, with all its components, and guarantees and secures the constitutional rights and entitlements of all."

He stressed that "the Kurdistan Parliament must be activated in light of the current circumstances and challenges in the region. Therefore, the primary task of the Kurdistan Democratic Party, the Patriotic Union of Kurdistan, and the winning parties in the Kurdistan Parliament elections is to expedite the formation of the new government cabinet for the Kurdistan Region, and for it to be a government that responds to the aspirations of the citizens and is capable of dealing appropriately with developments and challenges."  link

Mot:  Are We there Yet?????

Mot: ... Ya Knows -- What ole ""Golf"" Actually is - Don't Ya!!! 

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News, Rumors and Opinions Thursday AM 4-17-2025

KTFA:

Clare:  Al-Hassan: Iraq no longer needs the UN mission

4/16/2025 - Baghdad

The Special Representative of the Secretary-General for Iraq, Mohammed Hassan, confirmed on Wednesday that Iraq has reached a stage where it no longer needs a UN mission.

Al-Hassan said in a speech at the Sulaymaniyah Forum, which was monitored by Al-Eqtisad News, that "Iraq today is different from the past, and the gains must be preserved," noting that "Iraq has reached a stage where it no longer needs the United Nations mission."

KTFA:

Clare:  Al-Hassan: Iraq no longer needs the UN mission

4/16/2025 - Baghdad

The Special Representative of the Secretary-General for Iraq, Mohammed Hassan, confirmed on Wednesday that Iraq has reached a stage where it no longer needs a UN mission.

Al-Hassan said in a speech at the Sulaymaniyah Forum, which was monitored by Al-Eqtisad News, that "Iraq today is different from the past, and the gains must be preserved," noting that "Iraq has reached a stage where it no longer needs the United Nations mission."

He continued, "Iraq is facing a constitutional obligation, namely the elections, which we are working to ensure are successful in order to consolidate the path of development and reform," adding, "The region needs Iraq's stability."  LINK

Clare:  Urgent and confidential: Iraq launches maritime security cooperation with Kuwait without official announcement

4/16/2025

  An official document issued by the Prime Minister's Office revealed that an "urgent and top secret" letter was sent to the Ministry of Defense - General Secretariat, regarding the initiation of maritime security cooperation with the Kuwaiti side.

 According to the letter dated March 26, 2025, and signed by the Prime Minister's Office Director, Ali Razouki Al-Lami, a copy of which was obtained by {Euphrates News}, the directive is based on the approval of Prime Minister Mohammed Shia Al-Sudani, and stipulates "taking the necessary measures and starting work according to the mechanism for maritime security cooperation with Kuwaiti authorities, temporarily, starting April 1, 2025, without an official announcement."   LINK

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

Ariel: Do you See your Glorious Future?

Do You See Your Glorious Future?

• Roughly 7,000 probationary IRS employees were initially notified of job losses, but a federal judge ordered their reinstatement.

• But now there are currently 20,000 IRS agents who have accepted President Trump’s offer to resign.

• The IRS chief information officer announces his resignation on the eve of tax filing day.

• The Trump Administration is also planning to close more than 50 IRS taxpayer assistance offices nationwide.

Source(s):
https://x.com/Prolotario1/status/1912269049444045265

https://dinarchronicles.com/2025/04/15/ariel-prolotario1-do-you-see-your-glorious-future/

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

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

Mnt Goat  ...No one knows the date of the RV...Our RV is coming but it is all attached to the reinstatement back to FOREX. This is a byproduct of all the reforms.  Iraq is now being methodically pieced back together and the goal is to have a booming economy...My guess, and this is ONLY a guess is that when this Iranian issue is resolved we can expect wonderful things to occur.

Militia Man  They’re waiting for government submission.  That’s when showtime happens as far as I’m concerned.  The government, to me, will not expose the budget tables without being ready for inter-connectivity to the international financial system.  That’s my belief.  With all the things that were on the table…oil, non-oil revenues, Iraqi Stock Exchange, international exchange in dinar for cross border payments outside the dollar, it probably won’t happen.  I’m not saying it’s not going to happen I’m just saying they got to do this for it to happenI can clearly see why the budget schedules are apparently…’delayed’.  I think it’s not delayed.  I think they’re ready to go, have been ready to go…for well over a month or more.  They just haven’t exposed that yet.  Why?  Because of timing and inter-connectivity.

Gold Surges Past $3,300 – Why Silver Could Be Next | Mike Maloney

4-16-2025

Gold just smashed through the $3,300 mark — but what’s next?

Join Mike Maloney and Alan Hibbard as they dive into this historic moment for precious metals. In this episode, they break down the price action, analyze silver’s unexpected stagnation, and explore why savvy investors are shifting toward physical metals and undervalued gold miners.

Will silver finally catch up? Are we heading toward a monetary shake-up? And is crypto still a safe haven in the age of AI and quantum computing?

Don’t miss this essential update on gold, silver, and the future of real money. 

Timestamps:

 00:00 - Intro & Gold Breaks $3300

 10:15 - Silver’s Surprising Delay

20:45 - Physical vs Paper: Where Smart Money is Going

35:30 - Crypto Under Pressure

45:00 - Final Thoughts & Viewer Comments

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

 

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Iraq Economic News and Points to Ponder Wednesday Afternoon 4-16-25

An Economic Expert Told NINA: US Tariffs Will Contribute To Raising Oil Prices

Wednesday, April 16, 2025 14:55 | Economic Number of reads: 142  Baghdad / NINA / Economic expert Safwan Qusay confirmed on Wednesday that imposing US tariffs on some countries will contribute to raising oil prices and thus reflect on the oil-producing countries of the Middle East.

An Economic Expert Told NINA: US Tariffs Will Contribute To Raising Oil Prices

Wednesday, April 16, 2025 14:55 | Economic Number of reads: 142  Baghdad / NINA / Economic expert Safwan Qusay confirmed on Wednesday that imposing US tariffs on some countries will contribute to raising oil prices and thus reflect on the oil-producing countries of the Middle East.

He said in a statement to / NINA /: "Imposing economic tariffs by Washington will contribute to the withdrawal of many American investments in the world, as well as the possibility of increasing the production volume of companies within the US to meet demand within the Washington environment, stressing that raising such tariffs on Chinese goods will contribute to reducing oil consumption in China until China succeeds in finding other markets, and this issue needs some time and will be reflected in oil prices and thus reflect on the oil-producing countries of the Middle East."

He stressed, "Iraq needs to intensify trade conditions with the United States of America to ensure the presence of American goods in the Iraqi market and to support the issue of reducing these tariffs."

He continued, "Iraq can contain this crisis and has succeeded in establishing good relations with the United States of America, and there are no indications of oil prices falling below their current levels of $65, which is a price sufficient to cover operating expenses for this period." /End https://ninanews.com/Website/News/Details?key=1198180

Slight Increase In Basra Crude Oil Prices

Wednesday, April 16, 2025 10:26 | Economic Number of reads: 196  Baghdad / NINA / Basra Heavy and Medium crude prices rose slightly despite the stability of global oil prices.

 Basra Heavy crude prices rose 10 cents to reach $62.43, and Medium crude prices rose 10 cents to reach $65.58.   Oil prices stabilized in global markets on Wednesday, as Brent crude recorded $64.49 today, and US crude recorded $61.17.  https://ninanews.com/Website/News/Details?key=1198104

Economist: Financial Debts Have Caused A Liquidity Crisis In Government Banks And The Pension Fund.
Time: 2025/04/16 12:35:41 Read: 2,010 Times  {Economic: Al Furat News} Economic expert Salah Nouri confirmed on Wednesday the existence of a liquidity crisis at a number of government banks, including Rafidain and Rashd banks, in addition to the Trade Bank of Iraq and the Iraqi Employees' Retirement Fund. He attributed the reason to the accumulation of internal debts at the Ministry of Finance as a result of its reliance on domestic borrowing to cover the budget deficit over the past years.

Nouri told Al Furat News Agency, "There is a liquidity crisis plaguing government banks and the pension fund, as a result of the Ministry of Finance's mounting internal debts to cover the budget deficit for several consecutive years."

He added that "this crisis has directly impacted these institutions' ability to meet their obligations," while noting that he "does not have precise figures that can confirm or deny the statements made by several MPs on this matter, due to the Ministry of Finance's directive not to provide government banks with any financial information."

In recent years, the Iraqi Ministry of Finance has relied on a policy of domestic borrowing to cover recurring deficits in the public budget, by borrowing from government banks and the employees' pension fund.

This approach, although a temporary measure to address operating expenses, has led to the accumulation of massive debts for the Ministry of Finance, directly impacting the liquidity of lending financial institutions.  LINK

Al-Sudani: Customs Revenues Increase And Inflation Declines In Iraq.

Money and Business  Economy News – Baghdad  Prime Minister Mohammed Shia al-Sudani stated on Wednesday that his government has succeeded in maximizing non-oil resources by increasing customs revenues and decreasing inflation in the country.

Al-Sudani said during the forum that today we are entering the second quarter of the twenty-first century and our country is brimming with unique success stories in every corner of it, and in every Iraqi city there is a tireless service and construction workshop, noting that infrastructure has grown in all Iraqi cities.

He added that the inherited stalled projects have decreased to less than 850, after previously numbering in the thousands. He explained, "We have embarked on the highest production plan to build power plants and for the first time, we have entered solar, clean, and renewable energy projects, and the rate of gas flaring cessation has exceeded 70 percent."

He continued, "It is unacceptable for political competition to devolve into the use of defamatory language and the concealment of the truth about government performance. Iraq needs bold and comprehensive reforms." He explained that the true value of any reform lies in reaching the poor and marginalized groups and saving them from the clutches of poverty.

Al-Sudani revealed that customs revenues increased by 128 percent and the annual inflation rate declined, noting that Iraq is proceeding with confidence in agriculture, ensuring food security, and achieving self-sufficiency.

Al-Sudani also stressed that Iraq has maintained its firm and principled positions, especially its position on the Palestinian issue, and that Iraq is prepared to be a reliable partner and an effective contributor to regional stability.

Al-Sudani announced his intention to run in the elections scheduled for November of this year, stressing that the alliances will be announced in the coming days. He added that the elections represent an opportunity to support a reform project in Iraq.

He also touched on the relationship between Baghdad and Erbil, saying that it had moved to a technical and legal dialogue for the first time, and that the oil and gas law had become an urgent necessity. He also stated that the Popular Mobilization Forces were an essential part of the security system.

Meanwhile, the Prime Minister announced that Syrian President Ahmed al-Shara will attend the Arab Summit scheduled to be held in the capital, Baghdad, next month. Al-Sudani stated, "Al-Shara is welcome to attend the Arab Summit in Baghdad, and an official invitation has been extended to him in this regard."   https://economy-news.net/content.php?id=54494

Prime Minister: Iraq Needs Bold Reforms To Ensure Regional Stability

Buratha News Agency1052025-04-16   Prime Minister Mohammed Shia al-Sudani stressed on Wednesday (April 16, 2025) that Iraq needs bold and comprehensive reforms, emphasizing the need for the outcomes of reform to be directed towards the poor and marginalized groups.

In his speech during the ninth Sulaymaniyah Forum, held at the American University of Sulaymaniyah, al-Sudani stated that “Iraq is ready to be a reliable partner and an effective contributor to strengthening regional stability,” noting that “the true value of any reform lies in reaching marginalized groups and saving them from poverty.”

He added that "the government has embarked on implementing the highest production plan to build new power plants, in addition to entering into solar and renewable energy projects for the first time," warning against the use of political rhetoric to defame and distort facts related to government performance.

The forum was widely attended by local and international political, economic, and academic figures, including former President Barham Salih, who emphasized in his opening remarks that "the current situation regarding negotiations between the United States and Iran presents the region with a historic opportunity to achieve stability and a dignified life for its people."

He explained that our region has long suffered from wars and violence, and that the time has come to move to a new reality through dialogue and understanding to build a better future.

The Sulaymaniyah Forum, held this year in its ninth edition at the American University of Iraq, Sulaymaniyah, is one of the most prominent intellectual and political events, bringing together decision-makers and researchers from inside and outside Iraq to discuss pivotal issues related to politics, economics, and regional and international security.  https://burathanews.com/arabic/news/458900

 

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

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Seeds of Wisdom RV and Economic Updates Wednesday Evening 4-16-25

Good evening Dinar Recaps,

SEC VS RIPPLE UPDATE: MOTION TO TEMPORARILY SUSPEND APPEAL GRANTED; WHAT NEXT FOR XRP PRICE?

▪️Closing the four-year legal battle opens a new chapter for XRP mainstream adoption, catalyzed by Ripple Labs’ payment products.

▪️XRP price must hold above the support level of about $2 to invalidate further market correction.

Good evening Dinar Recaps,

SEC VS RIPPLE UPDATE: MOTION TO TEMPORARILY SUSPEND APPEAL GRANTED; WHAT NEXT FOR XRP PRICE?

▪️Closing the four-year legal battle opens a new chapter for XRP mainstream adoption, catalyzed by Ripple Labs’ payment products.

▪️XRP price must hold above the support level of about $2 to invalidate further market correction.

The Donald Trump administration has gradually fulfilled its promises made during the campaign period to the crypto ecosystem. The successful replacement of Gary Gensler with crypto-friendly SEC chair Paul Atkins has helped expedite the closure of several web3-related cases, including against Ripple and Binance exchange.

SEC vs Ripple Case Update

Earlier on Wednesday during the mid-North American trading session, James K Filan, a prominent defense lawyer, released court documents dated April 16 regarding the SEC vs Ripple appeal.

According to the court documents, Circuit Judge José A. Cabrenas granted a joint motion, filed by the U.S. SEC and Ripple to temporarily suspend their appeals amid the case closure.

“The parties jointly move to hold this appeal in abeyance, with the U.S. SEC directed to file a status report within 60 days of this order,” the court order noted.

Meanwhile, Ripple Labs agreed to pay a $50 million fine to settle the longstanding case.

XRP Price Analysis

After closing the first quarter in bearish sentiment, XRP has attempted to regain a bullish outlook in the past few weeks. The large-cap altcoin, with a fully diluted valuation of about $206 billion and a 24-hour average volume of about $3.45 billion, has been forming a potential reversal pattern in the daily timeframe.

The XRP price, against the U.S. dollar, has formed a possible inverse head and shoulders pattern, coupled with a bullish divergence of the daily Relative Strength Index (RSI). As a result, if the XRP price holds above the support level of around $2 and remains above the YTD falling logarithmic trend, a target of between $2.8 and $3 will be achievable.

@ Newshounds News™
Source:  
Coinpedia

~~~~~~~~~

PANAMA CITY TO ACCEPT CRYPTO FOR PUBLIC SERVICES

Panama City Mayor has said the Panama District municipality will become the first in the nation to accept cryptocurrency payments for services, following unanimous approval by the City Council.

Unanimous Approval

The Panama City Mayor Mayer Mizrachi announced on April 15 that the Panama District municipality will become the first in the nation to accept cryptocurrency as a form of payment for services. The decision follows a unanimous approval by the City Council.

According to Mizrachithe new payment system will operate through an authorized bank that will handle the conversion of cryptocurrency payments into U.S. dollars for the Mayor’s Office

This mechanism aims to streamline the process and mitigate potential volatility associated with digital assets for the municipality’s finances.

“My dear City Council has unanimously approved an initiative initiated by the Mayor’s Office, which will allow all citizens to pay their obligations and taxes in crypto,” Mizrachi explainedhighlighting the significance of this decision.

The mayor further stated that Panama, often considered Central America’s financial hub, was lagging behind in adopting this modern payment method

He clarified the legal framework, stating, “Legally, it’s simple: the Mayor’s Office receives dollars, but there’s an intermediary who receives the crypto, transforms it into dollars, and takes it to the Mayor’s Office.”

Mizrachi indicated that a formal announcement with further details will be made once the agreement with the partnering bank is finalizedHe emphasized the broader implications of this decision, stating, “This allows for the free movement of cryptocurrencies throughout the economy and throughout government.”

Besides positioning itself as Latin America’s crypto hub, Panama introduced a draft bill aiming to regulate cryptocurrencies and establish a legal framework for blockchain-based services. The bill outlines licensing requirements for Virtual Asset Service Providers (VASPs) to register with Panama’s Financial Analysis Unit (UAF) and adhere to know your customer and anti-money laundering regulations.

If passed, this legislation could provide greater legal clarity and consumer protection while fostering innovation in Panama’s digital economy.

@ Newshounds News™
Source:  
Bitcoin News

~~~~~~~~~

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

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Frank26, KTFA Dinar Recaps 20 Frank26, KTFA Dinar Recaps 20

FRANK26…4-16-25….140 = HCL = NEW RATE ?

Wednesday Night Conference Call

FRANK26…4-16-25….140 = HCL = NEW RATE ?

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

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

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

KTFA

Wednesday Night Conference Call

FRANK26…4-16-25….140 = HCL = NEW RATE ?

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

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=4Pjx8QJqZMs

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MarkZ, Chats and Rumors Dinar Recaps 20 MarkZ, Chats and Rumors Dinar Recaps 20

Wednesday Evening News with MarkZ. 04/16/2025

Wednesday Evening News with MarkZ. 04/16/2025

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: Blessed Wednesday evening all

Member: Are you surprised we are still waiting Mark? I sure didn’t think back in January we would still be sitting here in mid April.

MZ: I am very surprised that we are still waiting.  But things look to be very close.

Wednesday Evening News with MarkZ. 04/16/2025

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: Blessed Wednesday evening all

Member: Are you surprised we are still waiting Mark? I sure didn’t think back in January we would still be sitting here in mid April.

MZ: I am very surprised that we are still waiting.  But things look to be very close.

MZ: There are no updates on bonds….that I am allowed to discuss.

MZ: Bank stories really do give us hope for timing…..and I love this one …..here we go.

MZ: My son was not a believer in the IQD…but he is now. My son is a day trader…..and as plugged into the traditional system as you can get….. “Here is what he texted “ I noticed lots of movement in the market and IQD  values on the trading views( MZ: in other words- he was looking at the screens and saw this) IQD values are going kooky …so I reached out to a friend at a bank 9 an old friend and empoyer)  and asked what is going on?  The response from the banker was this” You should definitely get some…Hold some dinar….keep it close by…I believe very soon it will be exchanging…I am serious.”  .

MZ: So now her son is a believer. I did not give that story verbatim so as not to get anybody into trouble.  It is so nice when doubters and family members get that verification. It just feels good.

Member: We love Bank stories.

Member: has all of tier 3 been paid?

MZ: No….not all of tier 3 has been paid…yet.

Member: I hope you all get some rest and are ready for an action packed weekend…..we hope. .

Mod:  SEE YA LATER FOLKS...SEE YOU IN THE MORNING OR ON NEXT PODCAST...

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=_rJoNcpcXH4

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Scott Bessent Talks about the Trade War and a Strong Dollar

Scott Bessent Talks about the Trade War and a Strong Dollar

Arcadia Economics:  4-15-2025

US Secretary of Treasury, Scott Bessent, appeared on Fox Business News to provide an update on the ongoing trade war and discuss the state of the dollar. Bessent, who served as the Chief Investment Officer for Soros Fund Management before joining the Trump Administrtion, is a respected voice in the financial world.

During the interview, Bessent discussed the administration’s stance on tariffs and the trade war. He reiterated the administration’s belief that tariffs are an effective tool in negotiating better trade deals for the United States.

Scott Bessent Talks about the Trade War and a Strong Dollar

Arcadia Economics:  4-15-2025

US Secretary of Treasury, Scott Bessent, appeared on Fox Business News to provide an update on the ongoing trade war and discuss the state of the dollar. Bessent, who served as the Chief Investment Officer for Soros Fund Management before joining the Trump Administrtion, is a respected voice in the financial world.

During the interview, Bessent discussed the administration’s stance on tariffs and the trade war. He reiterated the administration’s belief that tariffs are an effective tool in negotiating better trade deals for the United States.

Bessent noted that the tariffs have led to increased revenue for the US government and have helped to reduce the trade deficit.

However, Bessent also acknowledged that tariffs can have a negative impact on businesses and consumers, particularly if they lead to retaliation from other countries. He stated that the administration is committed to finding a resolution to the trade war that is beneficial for all parties involved.

Bessent also addressed the issue of the strong dollar, which has been a topic of concern for some investors. He noted that a strong dollar is generally a positive sign for the US economy, as it indicates confidence in the country’s economic outlook.

However, he also acknowledged that a strong dollar can make US exports more expensive and less competitive in global markets.

Bessent stated that the administration is monitoring the situation closely and is working to ensure that the strong dollar does not hinder the competitiveness of US businesses. He noted that the administration is committed to implementing policies that support economic growth and job creation, which will in turn help to strengthen the dollar.

Overall, Bessent’s comments provide a nuanced view of the administration’s stance on tariffs and the strong dollar. While the administration believes that tariffs can be an effective negotiating tool, it also recognizes the potential negative impacts of tariffs and is committed to finding a resolution to the trade war. Similarly, while the administration views a strong dollar as a positive sign for the US economy, it is also taking steps to ensure that the strong dollar does not harm the competitiveness of US businesses.

Investors will no doubt be watching the situation closely, as the outcome of the trade war and the strength of the dollar can have significant implications for financial markets.

However, with a seasoned financial expert like Scott Bessent leading the charge, the administration is well-positioned to navigate these complex issues and ensure the long-term success of the US economy.

https://youtu.be/tzbFWm3BlFQ

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Calls, Chats and Rumors DINARRECAPS8 Calls, Chats and Rumors DINARRECAPS8

Bruce’s Big Call Dinar Intel Tuesday Night 4-15-25

Bruce’s Big Call Dinar Intel Tuesday Night 4-15-25

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It is Tuesday, April 15th  and you're listening to the big call, thank you for joining us tonight. We're looking forward to having a great call again tonight, and I'm glad everybody, no matter where located all over the globe. So thanks for listening tonight So let's get into the Intel and the time remaining, which I don't know how long I've got, but I'll tell you this much we've been so close to having this go, and the information that we were getting, was saying from some sources, and get notified yesterday and start today.

Bruce’s Big Call Dinar Intel Tuesday Night 4-15-25

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It is Tuesday, April 15th  and you're listening to the big call, thank you for joining us tonight. We're looking forward to having a great call again tonight, and I'm glad everybody, no matter where located all over the globe. So thanks for listening tonight So let's get into the Intel and the time remaining, which I don't know how long I've got, but I'll tell you this much we've been so close to having this go, and the information that we were getting, was saying from some sources, and get notified yesterday and start today.

And I told you guys kind of why we got pushed last let's see. What was that last Thursday, why we got pushed a little bit. Now I do have a reason why we didn't go today, and that is because we have three states in the United States, Maryland, Washington State and California that have banks that did not want to comply and get fully integrated into the quantum financial system.

Those liberal states are the ones that have held back. If you say, Well, why did we just go around? Why don't just go around those states? Because the people in the states would be punished for it, and they didn't want the people that were in those states to not be able to exchange and not be able to get full advantage of this, this revaluation of these currencies.

So that is being handled for also a couple of Asian countries. And there was one two in Europe. There was actually England, part of the UK. The other parts of the UK are fine. They're all good to go  - and Germany, those two have been holdouts on getting fully integrated quantum financial system, and they're supposed to be fully integrated by tonight or overnight, tonight, or they're going to take those banks and sell them to other people, other banks. So the banks have got an impetus to get their act together tonight and overnight, tonight to get  fully integrated on the Quantum  financial system.

 That's our new banking system. That's why we didn't get notified today.

All right, now, let's take it further in terms of what happened this morning, early this morning, at Mar a Lago, President Trump addressed a privately held meeting with about 42 people in it, in a closed room environment. What do you think he told them about now who was at the meeting all of the tier one banks, major banks were there  Citibank,  Chase, Wells, Bank of America, Santander Bank was there, Truist bank.

All of these banks had their main leaders there - just one or two leaders from each bank, and they had a few regional VP’s  there, but only about a total of 42 people and President Trump told them that Iraq had had a currency the Iraqi dinar. That was a --  I call it a exoctic currency.

It's a currency that was not even of a value, that could be put on forex, along with a number of other currencies  and that those of us who saw the potential for it that was considered 20 years ago, a long shot.

 He said, some people have been invested in this for over two decades, and I've raised my hand slowly, Yep, I've been in it over 20 years. So, yeah, I did not really see it as a long shot, but it ends up it's something that's going to be very valuable, as you know, that currency, he said, is one that is one that is revalued in Iraq. And he mentioned the rate – so it’s a publically known rate –

Let's put it this way. It's an international rate. It is more than one rate that is right now, the rate for Iraq in Iraq this just a little over $6.20. Now it was trade up further as it's being traded actually now on Forex, and it will trade on up and we know where its going to end up  approximately on the redemption center screens, and we know about the contract rate, these people didn't get to told anything contract rate. Some might know about it.  The Wells Fargo guys would know about it, but I don't know that anybody else would know that. You guys know big call universe.

So the cool thing is, he also said that they would be, that redemption centers for these currencies would be, would be exchanged, and of course, the Zim redeemed, he didn't mention the Zoom today, but then was also going to be redeemed, obviously, at redemption center, that's where we get The name redemption from. And the beauty of it is that they are ready.

They are actually ready for us. And the bank systems have what we call a digital, golden digital wallet, and I think we can take that to mean the USN being asset backed. We can also take it ti mean that the crypto coins, the five crypto coins, are gold backed, and they're digital currencies, right? Digital coins, they're connected, interconnected and the whole thing is inter- connected with the quant um financial system and starlink satellite system.

And everything is basically hooked up and ready to go. We want those other four states, Maryland liberal -  Washington State, California, to be completely interconnected tonight, and President Trump said, and he didn't mention that this was those three things were not coming from President Trump this morning.

He said Iraq is completely revalued. They have that revalued rate I told you about. And he said it is available as soon as that rate went live, which it did this morning. He said immediately after, he said, within two days, within 48 hours, that would be exchangeable, exchangeable, referring to the Iraqi dinor.

Now that's what was said over a period of about 19 minutes, the total call. I mean, the total meeting lasted about 48 minutes with questions. Okay, so I think it was wonderful that President Trump brought this information out, and we were able to pass it on and say, you know, we're ready.

We're ready. They're ready. And I think that things look like we can get notified tomorrow and exchange either possibly tomorrow afternoon or Thursday, or we could get notified Thursday and go Thursday, it's hard to say, but the next two days are looking very, very good for us based on what President Trump did today.

And you know, it was Steven Mnuchin, the Treasury Secretary previously, who was no longer part of the Treasury, but he's out California making movies.  And Scott bassent, I'm sorry, Scott, if I call your name Bessent instead of Bessint, but I like the scent better, so I'm using that pronunciation and what what Mnuchin started, Scott bassent completed.

And so that's good, of course, completed under President Trump. It wasn't going to go under Obama or  President Biden. It wasn't going to go under either those two. So praise God that we are. We have a president wants this for all of us, and that it's going to happen here very soon.

So what else can I say quickly? How about we believe that DOGE payments will also this week as direct deposits, especially to people who have social security, because it go right into your bank account where you get that social every month. And also the R is going to be at the redemption center.

You get that when you tell them you know what you have for currencies and so on. I would say this, you guys mention the R and R at the redemption center to make sure they tell you how much it is and whether it's already in your quantum account.

Or they may have to do something to put the amount in your quantum account, and that's going to be nice to find out how much that is. Beyond that social security increases - have not seen them yet this month, I've heard they were supposed to take place this month. Take a look. We'll see. We'll see when that actually happens.

What else? R and R, DOGE, RV and social were the four areas that we're looking at, I think you guys that finally we're getting really ready to step off the roller coaster – that bar is just about ready to go up so we can step on out

 And the information we are getting from several sources – is pointing toward the – you know President Trump wants this and the DOGE  to start the week of Easter before Easter  Sunday, in other words, Today, all the way up to, let's say Saturday -  he wanted to start this week and be underway this week for exchanges and also the DOGE payments.

Think about it. DOGE payments come out  that goes to just about everybody, and that happens regardless of whether they have any currency or not, so we're going to be doubly blessed on that. So that's really what I wanted to say,.

I don’t know that there’s anything else that we need to know. It's, oh, I got one was one more little thing – on redemption center screens  - 17 currencies – that are going up substantially in value, and three of which  are going up gangbusters – in value  -- the Dinar -  Obviously one of them – another on the Dong – another  great one. – and I think the third, in my opinion, I think the third will be Venezuelan bolivar, because I know that that should have and we should be in really good shape if anybody has the Bolivar –

The other ones are going up and be somewhere in the vicinity  of four or $7 the other currencies  - Dinar  will be much higher.

Dong is going to be higher, and I think the Bolivar is going to be in the 4 – 7 range - But this is substantial move upward . This has really been a wonderful time for us to realize that this is the greatest turnover of wealth in the history of the world and you’re all a part of it.

When I first got invested in this over 20 years ago I thought to be a  fulfillment of Scripture, the wealth of the wicked is laid up for the just, or the wealth of the wicked is laid up for the righteous because we're the righteousness of God in Christ, not because of anything that we did to become righteous, He is said that we can become righteous in him, and that's how we got there. So we're the righteousness of God in Christ.

We're happy to say that this finally coming to fruition. Yeah, took a little on, but I believe we should start looking for emails tomorrow. Maybe it's not tomorrow, but it's Thursday, but it looked good.

President Trump said, in the next 48 hours, and he said, within the next 48 hours, So I’m excited about that, and I hope everyone else is,

And because all of you out there that are listening to the big call in your native language, some in English, but a lot in your other languages, and thank you for listening all these years.

Listen next Tuesday night, Thursday we have a call. If we do, I'd say it could very well be that celebration. So plan on going. I'll plan on being here for it. But let's see if, if that's what it becomes, let's see if it's a celebration call after all. All right, so let's pray the call out and we'll all go and see what happens tomorrow and Thursday.

So thank you, everybody for listening, we're going to turn off the recording now, guys, I appreciate you, and we'll look forward to doing celebration call. On Thursday night. All right, so we'll say sign same station on Thursday. Let's see if we have a sell something to celebrate. Okay. All right, everybody. Good night. God bless you all.

Bruce’s Big Call Dinar Intel Tuesday Night 4-15-25 REPLAY LINK   Intel Begins   1:26:50

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Bruce’s Big Call Dinar Intel Thursday Night 4-10-25 REPLAY LINK   Intel begins   1:21:41

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Bruce’s Big Call Dinar Intel Tuesday Night 4-8-25 REPLAY LINK   Intel Begins   1:09:39

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Bruce’s Big Call Dinar Intel Thursday Night 4-3-25 REPLAY LINK   Intel begins   59:59

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Bruce’s Big Call Dinar Intel Tuesday Night 4-1-25 REPLAY LINK   Intel Begins   1:09:09

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Bruce’s Big Call Dinar Intel Thursday Night 3-27-25 REPLAY LINK   Intel begins   1:05:20

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Bruce’s Big Call Dinar Intel Tuesday Night 3-25-25 REPLAY LINK   Intel Begins   1:11:11

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Bruce’s Big Call Dinar Intel Thursday Night 3-20-25 REPLAY LINK   Intel begins   1:18:00

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 4-16-25

Good Afternoon Dinar Recaps,

OKLAHOMA KILLS BITCOIN RESERVE PROPOSAL IN SENATE COMMITTEE VOTE

Oklahoma’s attempt to become one of the first U.S. states to implement a Bitcoin reserve has come to an abrupt end.

In a tight 6-5 vote on Monday, the Senate Revenue and Taxation Committee struck down House Bill 1203, also called the Strategic Bitcoin Reserve Act, despite late momentum and a surprise vote reversal from Sen. Christi Gillespie.

Good Afternoon Dinar Recaps,

OKLAHOMA KILLS BITCOIN RESERVE PROPOSAL IN SENATE COMMITTEE VOTE

Oklahoma’s attempt to become one of the first U.S. states to implement a Bitcoin reserve has come to an abrupt end.

In a tight 6-5 vote on Monday, the Senate Revenue and Taxation Committee struck down House Bill 1203, also called the Strategic Bitcoin Reserve Act, despite late momentum and a surprise vote reversal from Sen. Christi Gillespie.

Gillespie, who had planned to vote no “up until this afternoon,” changed her mind after “a couple of constituents” reached out.

"A lawmaker changed their ‘No’ vote to a ‘Yes’ because they heard from their Bitcoiner constituents!" tweeted Dennis Porter, CEO and co-founder of Satoshi Action Fundurging Bitcoin reserve advocates to keep pressure on legislators. “Your voice matters!

Still, the effort fell short in Oklahoma. The "no" votes came from Republican Senators Todd Gollihare, Chuck Hall, Brent Howard, and Dave Rader, along with Democrats Julia Kirt and Mark Mann.

Sen. Christi Gillespie voted YES on Oklahoma's Bitcoin Reserve Bill.

She states that "up until this afternoon", she was going to vote no.

However, she was convinced to vote yes by "a couple of constituents" that reach out and persuaded her.

Introduced by Rep. Cody Maynard in January, HB1203 would have allowed Oklahoma’s state treasurer to invest in Bitcoin and other qualifying digital assets, defined as any with a market capitalization above $500 billion for the past year. At present, only Bitcoin meets that threshold.

An earlier committee passed the bill in February by a wide 12–2 margin, setting up Monday’s high-stakes showdown.

State Bitcoin reserve efforts

With Oklahoma now out of the pictureNew Hampshire, Texas, and Arizona have emerged as the top contenders in the race to become the first U.S. state to establish a strategic Bitcoin reserve.

It also marks the latest blow to such proposals, following recent rejections in Montana, North Dakota, Pennsylvania, South Dakota, and Wyoming.

Meanwhile, on April 10New Hampshire’s House passed HB302, a bill permitting up to 10% of the state’s general fund to be invested in Bitcoin and precious metals. The 192-179 vote sends the bill to the Senate for further consideration.

On the same day as New Hampshire’s vote, Florida’s House Insurance and Banking Committee unanimously passed HB487, which would allow up to 10% of certain state funds to be invested in Bitcoin.

Arizonameanwhile, continues to lead in terms of legislative momentum. On March 24, the state’s House Rules Committee approved two complementary bills, SB1373 and SB1025, that proposed the Arizona State Treasurer invest public funds in Bitcoin.

The bills now await a full floor vote in the House. If they pass, the legislation will head to Governor Katie Hobbs for final approval.

On March 6, the Texas Senate passed SB-21, a Bitcoin strategic reserve bill, in a 25–5 vote after a contentious debate on the Senate floor.

At the moment, 47 State Bitcoin Reserve (SBR) bills have been introduced across 26 states, with 40 active bills still live in 20 states, as per the reserve tracker Bitcoin Laws’ data.

@ Newshounds News™
Source:  
Decrypt

~~~~~~~~~

BRICS: 2 COUNTRIES SETTLE OIL TRADE IN NEW CURRENCY, DISCARD US DOLLAR

China is doing everything possible to advance the de-dollarization agenda and dim the lights on the US economy. BRICS members China and Russia recently sidelined the US dollar to settle oil and gas payments in 2025. The development adds pressure on the US economy as developing nations are using new modes of payment and not the dollar.

Reducing dependency on the US dollar will lead to the currency facing deficits and bring inflation into the homeland. The USD needs to maintain its demand and supply mechanism in the forex markets and failing to do so can bring its doom.

BRICS: China & Russia Settle Oil Trade in New Currency


Trillion-dollar asset management firm VanEck recently confirmed that BRICS members China and Russia have settled oil payments using the leading cryptocurrency Bitcoin. This is a major step in advancing the de-dollarization agenda where the US dollar had a command in the oil and gas industry. “China and Russia have reportedly begun settling some energy transactions in Bitcoin and other digital assets,” wrote VanEck.

VanEck also wrote that the new payment method using BTC for oil settlement “might be bullish for Bitcoin.” BRICS members China and Russia could usher into a new era where Bitcoin is the new payment method and not the US dollar.

The trillion-dollar management firm noted that even Bolivia is following the route of using cryptocurrencies for trade and transactions. “Bolivia has announced plans to import electricity using crypto. And French energy utility EDF is exploring whether it can mine Bitcoin with surplus electricity currently exported to Germany,” they wrote.

De-dollarization is now a major concern as the White House has imposed tariffs on over 185 countries. However, the Trump administration has now announced a 90-day pause in tariffs but the damage has already been done. The BRICS bloc is now more focused on bringing the US dollar down by not using it for oil transactions.

@ Newshounds News™
Source:  
Watcher Guru
~~~~~~~~~

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