MilitiaMan & Crew: Iraq dinar-News-WTO data-International Companies-Airline Travel-Security & Stability-Exchange Rate
MilitiaMan & Crew: Iraq dinar-News-WTO data-International Companies-Airline Travel-Security & Stability-Exchange Rate
4-21-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan & Crew: Iraq dinar-News-WTO data-International Companies-Airline Travel-Security & Stability-Exchange Rate
4-21-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Seeds of Wisdom RV and Economic Updates Monday Evening 4-21-25
Good Evening Dinar Recaps,
INCOMING SEC CHAIR TO WEIGH MORE THAN 70 CRYPTO ETF FILINGS—INCLUDING SOLANA AND XRP
Spot crypto ETFs are currently limited to Bitcoin and Ethereum in the U.S., but analysts expect new approvals this year.
▪️Incoming SEC Chair Paul Atkins will have more than 70 crypto ETF hopefuls to review when he begins in the role.
▪️Funds pegged to Dogecoin, Pengu, Solana, XRP, and the Melania meme coin are all in the mix.
▪️After punting on XRP ETFs in March, the agency can delay its final decision until mid-October.
Good Evening Dinar Recaps,
INCOMING SEC CHAIR TO WEIGH MORE THAN 70 CRYPTO ETF FILINGS—INCLUDING SOLANA AND XRP
Spot crypto ETFs are currently limited to Bitcoin and Ethereum in the U.S., but analysts expect new approvals this year.
▪️Incoming SEC Chair Paul Atkins will have more than 70 crypto ETF hopefuls to review when he begins in the role.
▪️Funds pegged to Dogecoin, Pengu, Solana, XRP, and the Melania meme coin are all in the mix.
▪️After punting on XRP ETFs in March, the agency can delay its final decision until mid-October.
Incoming SEC Chair Paul Atkins will have an avalanche of crypto-related applications to sift through when he officially takes control of the regulator.
Hopeful issuers now await feedback on 72 crypto-linked exchange-traded funds in the U.S., including requests to list options, according to Bloomberg ETF analyst Eric Balchunas.
“Gonna be a wild year,” he said on X, formerly Twitter, on Monday, noting ETF hopefuls have positioned themselves to offer funds for assets ranging from Solana to the first lady’s meme coin.
Atkins was confirmed as U.S. President Donald Trump’s pick to lead the Securities and Exchange Commission by a full Senate vote around two weeks ago. His swearing-in ceremony is expected to take place soon, marking an official start to the SEC’s push to regulate crypto collaboratively under new leadership.
Although Atkins was a proponent of deregulation during his previous stint at the SEC, analysts say the crypto-friendly veteran may have to make a few first-time calls, specifically when it comes to which cryptocurrencies can be approved for listings as commodity-based trusts.
Balchunas did not immediately respond to a request for comment from Decrypt.
Last year, the SEC approved spot Bitcoin and Ethereum ETFs under former SEC Chair Gary Gensler. While the approvals represented a landmark moment for the crypto industry, it raised deeper questions about which cryptocurrencies should be regulated as commodities, and therefore be allowed to trade on Wall Street in a similar fashion to assets like gold.
In total, asset managers are looking for feedback on applications tied to 15 different cryptocurrencies beyond Bitcoin and Ethereum. Those include applications centered on digital assets with large valuations like Solana, Dogecoin, and XRP—alongside relatively nascent ones like the Solana-based tokens Bonk, Pengu, and Official Trump.
Under Acting SEC Chair Mark Uyeda, the agency has chipped away at some regulatory uncertainty. In February, the SEC said that it generally doesn’t consider meme coins to be securities, but it didn’t advise whether they were fitting for Wall Street wrappers.
For assets like XRP, the SEC won’t be forced to make a decision immediately after Atkins takes the reins at the agency. After punting on XRP ETFs in March, the agency can delay its final decision until mid-October.
@ Newshounds News™
Source: Decrypt
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BRICS: CHINA UNVEILS FIRST GOLD ATM: MELTS AND CONVERTS GOLD
BRICS member China has unveiled the world’s first Gold ATM that melts, tests, and converts gold into instant bank transfers. The ATM has already witnessed long queues of people trying to sell off their generational gold. Users need to book an appointment to use it, and according to early reports, appointment slots are full until as late as May.
The Gold ATM is operated by China’s Kinghood Group and is installed at a mall in Shanghai. The machine weighs, checks the quality, and analyses the Gold before dispensing the money equivalent to the price that was put in. The ATM is designed to accept gold items of over three grams with a purity of at least 50 percent.
“The introduction of smart gold ATMs primarily serves a recycling function from a business perspective. This reflects the fact that, with rising gold prices, the value of gold held by the public has increased significantly, leading to a stronger desire to cash out,” Wion quoted Xu Weixin, a member of the Shanghai Gold Association, as saying. “There is still strong upward momentum for gold, mainly driven by central banks and institutional investors accelerating their gold purchases.”
XAU/USD Surges to All-Time High as China Begins Using Gold ATM
Furthermore, the development from China also comes as Gold prices globally are skyrocketing. Indeed, the precious metal touched the historic milestone of $3,400 on Monday.
The XAU/USD index, which tracks the performance of the precious metal, showed the commodity surging 70 points, spiking more than 2% in the day’s trade. The Spot Gold prices have risen close to 30% year-to-date, generating stellar returns to investors.
Commodity traders who took an entry position this year are all enjoying profits as the metal is heading north. This is the highest the glittery metal has surged in the last four months since 2010.
The steady yet unending accumulation of gold, as well as China’s new Gold ATM, could send its prices higher by the end of 2025. Senior Bloomberg strategist Mike McGlone recently predicted that the metal could soon hit the $4,000 mark next.
“We’re putting in a pretty good base now around $3,000,” McGlone said. “It’s going to head into $4,000, the question is time. Anything in between there is for the traders, which I used to do.”
@ Newshounds News™
Source: Watcher Guru
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What An NBA All-Star Learned After Going From Millions To Bankruptcy
'The money came so fast': What An NBA All-Star Learned After Going From Millions To Bankruptcy
Sara BelcherPodcast Writer Mon, April 21, 2025 Yahoo Finance
As a three-time NBA All-Star and former NBA Champion, Antoine Walker is one of the best basketball players of the 1990s and early 2000s. But his early success came with some difficult financial lessons.
Walker was signed to the Boston Celtics at just 19 years old. Throughout his 13-year athletic career, it's estimated he earned as much as $108 million — a large portion of which came from a six-year $71 million contract he signed at just 21.
'The money came so fast': What An NBA All-Star Learned After Going From Millions To Bankruptcy
Sara BelcherPodcast Writer Mon, April 21, 2025 Yahoo Finance
As a three-time NBA All-Star and former NBA Champion, Antoine Walker is one of the best basketball players of the 1990s and early 2000s. But his early success came with some difficult financial lessons.
Walker was signed to the Boston Celtics at just 19 years old. Throughout his 13-year athletic career, it's estimated he earned as much as $108 million — a large portion of which came from a six-year $71 million contract he signed at just 21.
"The money came so fast without the education," Walker told Ross Mac on the Financial Freestyle podcast (see video above or listen below).
Walker partly attributes his lack of financial education to the decisions that ultimately led him to file for bankruptcy in 2010.
Though he became debt-free just three years later, the former professional athlete now talks openly about his financial mistakes and offers advice for others to learn from them.
"I think it's my job to kind of use the things that I did wrong and just help [others] out," Walker said, addressing the challenges of newly minted professional athletes and those who come into wealth quickly.
"I know the things that they want to do," he said. "I know the things that they're buying. I know the things that they're overlooking. ... I try to put that back in their face and understand that this basketball career or any sports career is going to be short-lived, and you got a whole life to live after your career is over with."
More “Iraq News” Posted by Clare at KTFA 4-21-2025
KTFA:
Clare: APIKUR Pushes for Written Agreements in Ongoing Kurdistan Region Oil Export Negotiations
4/20/2025 ERBIL —
Member companies of the Association of the Petroleum Industry of Kurdistan (APIKUR) reiterated their call for formal written agreements during the latest round of discussions with Iraqi and Kurdistan Regional Government (KRG) officials over the resumption of oil exports via the Iraq-Turkey pipeline.
The meeting, held on April 20, focused on the necessary conditions to restart oil flows that have been suspended for over a year. While all sides presented their positions on a range of technical and legal matters, no final agreements were reached.
KTFA:
Clare: APIKUR Pushes for Written Agreements in Ongoing Kurdistan Region Oil Export Negotiations
4/20/2025 ERBIL —
Member companies of the Association of the Petroleum Industry of Kurdistan (APIKUR) reiterated their call for formal written agreements during the latest round of discussions with Iraqi and Kurdistan Regional Government (KRG) officials over the resumption of oil exports via the Iraq-Turkey pipeline.
The meeting, held on April 20, focused on the necessary conditions to restart oil flows that have been suspended for over a year. While all sides presented their positions on a range of technical and legal matters, no final agreements were reached.
APIKUR member companies emphasized the need for fair implementation of Iraq’s federal budget law, especially regarding the role and responsibilities of an independent consultant tasked with overseeing oil production and exports. They also stressed that any future arrangements must not infringe on existing contracts with international oil companies (IOCs), which have been upheld by Iraqi courts.
Crucially, APIKUR is seeking written agreements that provide clear guarantees on payment terms and the settlement of outstanding arrears. According to a statement from the organization, the member companies "did not receive satisfactory assurances" on these key issues during Saturday's meeting.
In an effort to move the talks forward, several APIKUR members have submitted draft sales and lifting agreements, along with detailed recommendations for the independent consultant’s scope of work, to both KRG and federal Iraqi officials.
Despite the lack of immediate progress, APIKUR reaffirmed its readiness to resume exports—contingent on securing signed agreements that protect the fiscal and economic terms of their existing contracts.
The talks come amid growing pressure to resolve the impasse, which has had significant financial implications for both the federal and regional governments, as well as oil companies operating in the Kurdistan Region. LINK
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Donald J. Trump @realDonaldTrump
Since our announcement of LIBERATION DAY, many World Leaders and Business Executives have come to me asking for relief from Tariffs. It’s good to see that the World knows we are serious, because WE ARE!
They must right the wrongs of decades of abuse, but it won’t be easy for them. We must rebuild the Wealth of our Great Country, and create true RECIPROCITY.
But for those who want the easiest path: Come to America, and build in America!
Donald J. Trump @realDonaldTrump
NON-TARIFF CHEATING:
1. Currency Manipulation
2. VATs which act as tariffs and export subsidies
3. Dumping Below Cost
4. Export Subsidies and Other Govt. Subsidies
5. Protective Agricultural Standards (e.g., no genetically engineered corn in EU)
6. Protective Technical Standards (Japan’s bowling ball test)
7. Counterfeiting, Piracy, and IP Theft (Over $1 trillion a year)
8. Transshipping to EVADE Tariffs!!!
https://truthsocial.com/@realDonaldTrump
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Clare: Al-Sudani acknowledges the "actual" realization of the budget deficit
4/21/2025
Iraqi Prime Minister Mohammed Shia al-Sudani acknowledged on Monday that the federal budget deficit has been realized.
In his speech during a meeting with the head and members of the Dhi Qar Provincial Council, as reported by Shafaq News Agency, Al-Sudani said, "In our government, the budget deficit has actually appeared to achieve accomplishments, and there is efficiency in spending, performance, and work, while the previous deficit was planning."
He added, "Our government has arranged the spending mechanism according to the principle of the most important, then the important, and we have worked in many sectors and achieved positive results," indicating, "In the 2024 budget, (156) trillion dinars were spent out of (213) trillion planned, including (90) trillion for salaries, (40) trillion for operational, and (13) trillion for ministries and governorates' projects."
Last year's budget amounted to 211 trillion dinars, with revenues estimated at 144 trillion and 336 billion dinars, while expenditures amounted to 210 trillion and 936 billion dinars, and the deficit was 63 trillion and 599 billion dinars. LINK
Clare: Al-Sudani's advisor: Iraq's foreign exchange reserves are fine.
4/21/2025- Baghdad
The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Monday that Iraq's foreign exchange reserves cover 100% of the national currency.
Saleh said, "Iraq's foreign currency reserves still have the capacity to cover 100% of the national currency issued, and that commercial efficiency has been achieved."
He added, "These reserves still cover the country's imports for three months, and therefore foreign reserves are considered stable." He pointed out that the development of the optimal external use of foreign currency is achieved through a careful balance between the role of these reserves in maintaining the foreign purchasing power of the dinar and the stability of the exchange rate, and the standard of reserve efficiency, which is one of the functions of monetary policy as an independent body in achieving its goals of monetary stability and economic development.
On March 31, 2025, the Central Bank of Iraq revealed that the central bank's net foreign reserves for 2024 amounted to 130.81 trillion dinars, a 10.18% decrease compared to the same period in 2023, when they reached 145.64 trillion dinars.
The Central Bank confirmed that the reason for the decline in foreign reserves is due to the rise in domestic public debt, which is intended to cover the real deficit in the state's general budget. LINK
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Clare: KRG Shifts “My Account” Salary Banking Project to Ministry of Finance
By Dler Mohammed ERBIL —
In a strategic move aimed at streamlining the salary distribution system, Kurdistan Region Prime Minister Masrour Barzani has issued a directive to transfer the management of the “My Account” banking initiative for public sector salaries to the Kurdistan Regional Government’s (KRG) Ministry of Finance and Economy.
The decision was officially confirmed on Sunday, in a formal statement signed by Omed Sabah, Head of the Council of Ministers' Office. According to the statement, the transfer of responsibility is based on Barzani’s order to ensure compliance with the legal and procedural standards of Iraq’s Federal Central Bank.
Under this shift, the Ministry of Finance will now oversee the implementation and administration of the “My Account” project, which is designed to deposit government employee salaries directly into individual bank accounts. The ministry is also tasked with ensuring that the project aligns with federal banking laws and regulations, safeguarding public servants' accounts' financial integrity and privacy.
The “My Account” initiative—Hajmari Min in Kurdish—was originally managed by a specialized team reporting to the Council of Ministers. It was launched as part of broader reform efforts by the KRG to modernize its payroll system, increase transparency, and reduce corruption related to salary disbursements.
By transferring authority to the Ministry of Finance, the government aims to centralize oversight, improve efficiency, and establish a more permanent institutional framework for the project. The move reflects a broader commitment to fiscal reform and digitization within the public sector, consistent with global standards for financial governance.
The transition also addresses concerns about regulatory compliance, particularly regarding federal oversight and banking law adherence—critical for ensuring continued coordination with Iraq’s financial institutions and international banking partners.
As the Ministry of Finance assumes full control of “My Account,” it is expected to roll out additional measures to protect user data and enhance the platform’s accessibility and reliability for tens of thousands of government employees across the Kurdistan Region. LINK
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Clare: Rafidain Bank announces the third issuance of national investment bonds.
4/21/2025
In line with the directives of the Ministry of Finance and the Central Bank of Iraq, Rafidain Bank is offering citizens and investors a unique investment opportunity through the third issue of national bonds, which will be offered for subscription from April 20, 2025, until May 20, 2025, in two categories that generate fixed and rewarding returns:
Details of the offered bonds:
1. Investment bond worth (500,000) five hundred thousand dinars
• Annual return: 8%
• Investment period: two years
• Interest payment: every six months
2. Investment bond worth (1,000,000) one million dinars
• Annual return: 10%
• Investment period: four years
• Interest payment: every six months
Why invest with us?
• A guaranteed and fixed return higher than traditional banking returns
• A national investment supported by the state through the Ministry of Finance and the Central Bank
• An ideal opportunity for savers and those looking for a safe investment
• Available to individuals and companies
We invite you to seize this lucrative investment opportunity by visiting the nearest Rafidain Bank branch in Baghdad and the governorates to submit a purchase request and benefit from the benefits of this issuance. LINK
Fed’s $2T Bailout is Prepped - Banks Will Echo WW2 Era
Fed’s $2T Bailout is Prepped - Banks Will Echo WW2 Era
Daniela Cambone: 4-21-2025
“It ends with the banks looking like they did at the end of World War II... half of their book was government bonds,” says R. Christopher Whalen, investment banker and author.
In a conversation with Daniela Cambone, he breaks down the systemic risks emerging in the treasury market. “Today the treasury market is basically a carry trade with a lot of hedge funds using 100 to 1 leverage.
That’s the market for treasury debt,” he explains, pointing to the fragility of the current system.
Fed’s $2T Bailout is Prepped - Banks Will Echo WW2 Era
Daniela Cambone: 4-21-2025
“It ends with the banks looking like they did at the end of World War II... half of their book was government bonds,” says R. Christopher Whalen, investment banker and author.
In a conversation with Daniela Cambone, he breaks down the systemic risks emerging in the treasury market. “Today the treasury market is basically a carry trade with a lot of hedge funds using 100 to 1 leverage.
That’s the market for treasury debt,” he explains, pointing to the fragility of the current system.
Whalen also argues that the Bretton Woods framework has eroded and that the dollar’s dominance is waning.
“This dollar Imperium has run its course.” He believes central banks — including the U.S. Federal Reserve — should diversify their reserves to include gold alongside major currencies like the dollar, euro, and yen.
He views gold as a strategic reserve asset with untapped financial utility. “I hope... the BIS is going to recognize gold as a high-quality liquid asset... it would become eligible to be collateral in swaps,” he says.
Key Topics:
President Trump and Powell were going to cross swords.
The Fed struggles to manage the economy and rates.
Multifamily real estate is the subprime today.
The Fed should be holding gold.
The dollar is attractive because of our marketplace.
National debt has tripled in 15 years.
Chapters:
00:00 Trump and Powell
4:26 US dollar
5:31 Andrew Jackson
7:43 Weaker dollar
8:59 High inflation
9:38 Treasury market
11:44 Banking system
12:27 Financial system reset
14:56 Gold
19:46 Housing market
21:21 National debt
25:58 BRICS
26:58 Concluding words
Iraq Economic News and Points to Ponder Monday Afternoon 4-21-25
The Deputy Speaker Of Parliament Offers His Condolences To The Vatican And All Christians Around The World On The Passing Of The Holy Father.
Monday, April 21, 2025 | Politics Number of reads: 103 Baghdad / NINA / Deputy Speaker of Parliament Shakhwan Abdullah Ahmed offered his condolences to the Vatican and all Christians in the world on the death of His Holiness Pope Francis.
The Deputy Speaker of Parliament said, according to a statement by his media office: "With great sadness, we received, today, the news of the death of His Holiness Pope Francis."
The Deputy Speaker Of Parliament Offers His Condolences To The Vatican And All Christians Around The World On The Passing Of The Holy Father.
Monday, April 21, 2025 | Politics Number of reads: 103 Baghdad / NINA / Deputy Speaker of Parliament Shakhwan Abdullah Ahmed offered his condolences to the Vatican and all Christians in the world on the death of His Holiness Pope Francis.
The Deputy Speaker of Parliament said, according to a statement by his media office: "With great sadness, we received, today, the news of the death of His Holiness Pope Francis."
Shakhwan Ahmed offered his deepest condolences and sincere sympathy to the Vatican and to all Christians in the world on this painful occasion, praising his religious and humanitarian career and his great role in promoting dialogue between religions and cultures, asking God Almighty to grant his soul tranquility and eternal rest, and to inspire his loved ones and supporters with patience and solace. /End https://ninanews.com/Website/News/Details?Key=1199178
Iraq Is The Second Most Developed Country In The World For Oil Pipelines.
Energy Economy News – Baghdad Iraq ranks second globally in oil pipeline development, after China, according to a Washington-based US energy agency.
The unit stated in a report that "Iraq ranked second after China among the countries with the most developed oil pipelines by the end of 2024, with a total of 4,010 kilometers."
She added, "Of this total, 1,155 kilometers are currently under construction, while the proposed pipelines are estimated at 2,855 kilometers."
Iraq continues to remove mines obstructing oil and gas pipelines, alongside plans by the Iraqi Ministry of Oil to implement a third offshore pipeline project with a capacity of two million barrels per day. This pipeline aims to export Iraqi crude oil from the Faw reservoirs to the Faw oil port.
The country currently has 15 crude oil pipelines, totaling 2,090 miles, and 10 petroleum product pipelines, totaling 1,530 miles. https://economy-news.net/content.php?id=54659
Rafidain Bank Announces The Third Issuance Of National Investment Bonds.
Time: 2025/04/21 Reading: 120 times In line with the directives of the Ministry of Finance and the Central Bank of Iraq, Rafidain Bank is offering citizens and investors a unique investment opportunity through the third issue of national bonds, which will be offered for subscription from April 20, 2025, until May 20, 2025, in two categories that generate fixed and rewarding returns:
Details of the offered bonds:
1. Investment bond worth (500,000) five hundred thousand dinars
• Annual return: 8%
• Investment period: two years
• Interest payment: every six months
2. Investment bond worth (1,000,000) one million dinars
• Annual return: 10%
• Investment period: four years
• Interest payment: every six months
Why invest with us?
• A guaranteed and fixed return higher than traditional banking returns
• A national investment supported by the state through the Ministry of Finance and the Central Bank
• An ideal opportunity for savers and those looking for a safe investment
• Available to individuals and companies
We invite you to seize this lucrative investment opportunity by visiting the nearest Rafidain Bank branch in Baghdad and the governorates to submit a purchase request and benefit from the benefits of this issuance. LINK
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
How to Find Your Money ‘Why’
How to Find Your Money ‘Why’
By Katherine Fusco March 9, 2022
There are lots of reasons to spend money, some good, some bad, most compelling. Of course, this is by design. Not spending money, though… that’s a trickier thing. The reasons not to spend—or to save, if you’d like to put it more positively—are often vague, rooted in a fuzzy sense of what one should do.
When people are tired or temptations are especially aggressive (hello, holiday season!), the vague thought: I should pay off my debt, crumbles in the face of beautiful store displays or delicious scents wafting from strategically open bakery doors.
How to Find Your Money ‘Why’
By Katherine Fusco March 9, 2022
There are lots of reasons to spend money, some good, some bad, most compelling. Of course, this is by design. Not spending money, though… that’s a trickier thing. The reasons not to spend—or to save, if you’d like to put it more positively—are often vague, rooted in a fuzzy sense of what one should do.
When people are tired or temptations are especially aggressive (hello, holiday season!), the vague thought: I should pay off my debt, crumbles in the face of beautiful store displays or delicious scents wafting from strategically open bakery doors.
More than this, advertising often appeals to our sense of self, frequently tying products to concepts or feelings that we truly believe in. How many bath bombs have been purchased on credit cards in the name of self-care? How many unused vitamins and supplements under the name of wellness?
Pink things for breast cancer awareness? Maybe an embarrassment of water bottles and reusable bags under the name of environmentalism, even though the environmental thing would be shopping less overall? Against all these compelling, ego-supporting reasons to shop, the vague adulting calls to save more and spend less don’t stand a chance.
Just as advertisers know to tap into your sense of self through fairly specific identity appeals—Are you a dog-loving hiker? Here’s a four-wheel-drive station wagon—you can also meet your own financial needs by developing your own money mantra, or “why.”
The importance of considering our feelings and values when it comes to money has gained traction in the field of economics. As the journal Applied Economics reports, “individualized cultural values measures do indeed explain part of the financial behavior of households.” Becoming more concretely aware of cultural, familial and personal values might thus be an important key to better personal finance.
Here are a few techniques to use for getting in touch with your money “why”:
1. Tap into your core values.
What’s most important to you? Unlike with the next two exercises, you’re allowed to be a bit vague here. You might find yourself naming things like “beauty,” “health,” “community,” “family” or even something grander, like “justice.” Faced with spending decisions, you might ask yourself whether a purchase supports your core values. Now, sometimes the answer is an obvious “no.
” This new lip-gloss/headset/hamburger does not contribute to social justice. But sometimes advertisers will attempt to target your core values in sneaky ways. For example, a fuel-efficient car seems like a truly environmental choice; however, it’s not as environmental as simply not buying something.
In her book Loaded, behavioral economist Sarah Newcomb writes about these values in terms of “needs” and explains that the infamous “latte factor” can in fact be scratching the need for “social connection.” If you enjoy visiting your local coffee shop.
If this is the case, then simply saying, “I’m cutting the coffee” isn’t going to work, because the latte was never just about the caffeine hit to begin with; it was about the bond with the other regulars at the coffee shop. As you spend time reflecting on your values, start listing low-cost and free ways of sustaining them.
For example, if you feel advertisements for green juice are exploiting your value of “good health,” turn to your list of other habits and consider a vigorous workout or make a water-drinking chart for yourself in your notebook. You may still get the “hit” of supporting what you value without the hit to your wallet.
2. Do the priority exercise.
Prioritization can be a painful practice because it involves choosing one option above all others. Not wanting to make such choices can be part of how we end up in consumer debt.
TO READ MORE : https://www.success.com/how-to-find-your-money-why/
“Bits and Pieces” in Dinarland Monday 4-21-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 21 April 2025
Compiled Mon. 21April 2025 12:01 am EST by Judy Byington
Sun. 20 April As We Enter the Final Phase – Trust The Plan. …Julian Assange
That system is collapsing. The Global Currency Reset is being activated. Restored Republics are forming as we speak. The Cabal is being exposed and taken down.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 21 April 2025
Compiled Mon. 21April 2025 12:01 am EST by Judy Byington
Sun. 20 April As We Enter the Final Phase – Trust The Plan. …Julian Assange
That system is collapsing. The Global Currency Reset is being activated. Restored Republics are forming as we speak. The Cabal is being exposed and taken down.
Sat. 20 April 2025: Quantum GESARA: G.E.S.A.R.A, Farmers Plan & More – Power Back to the People! …Nesara/Gesara on Telegram
QUANTUM GESARA: THE FINAL RESET HAS BEGUN In the midst of global turmoil and a crumbling fiat economy, a revolutionary system is emerging: Quantum GESARA. . It fuses NESARA/GESARA, quantum technology, the 1955 Price Reset, and the long-hidden Farmers Plan into one coordinated strike against the Deepstate’s economic empire. The reset isn’t coming—it’s underway.
A RETURN TO 1955: THE AMERICAN DREAM REBORN: Imagine a world where you can buy a home for the cost of a modern-day appliance. That’s the promise of the 1955 reset. Through the resurrection of suppressed executive orders and sovereign common law, we’re entering a phase where inflation is crushed, debt is erased, and life becomes affordable again. This isn’t nostalgia—it’s policy. History is being reversed.
The U.S. Treasury is aligning with ISO20022 and Rainbow Treasury Notes backed by gold and silver. The Federal Reserve? (allegedly) Gone. StarLink is the new nervous system of commerce. And with Quantum Internet on the rise, censorship will be obliterated as the truth floods the globe.
THE GLOBAL CURRENCY RESET (GCR): THE MOAB HAS DETONATED The GCR—aka The Mother of All Bombs—has been triggered. Treasury-backed Rainbow Notes are live in test markets. The old fiat system is disintegrating. A 10-day shutdown will (allegedly) activate the Emergency Broadcast System (EBS), and following a three-day Quantum Blockchain Election, governments will reset under new leadership—downsized by 90%.
RESTITUTION AND JUSTICE: NESARA, GESARA, AND THE ST GERMAIN TRUST Where is the stolen wealth? Who hijacked the prosperity programs? The answers are being exposed. The return of taxes paid, reparations for illigal foreclosures, and justice for the stolen St Germain Trust are at the core of NESARA/GESARA. This is not theory—it’s restitution.
Possible Calendar of Events …EBS Activated on Telegram
Tues. 6 May All banks gone Quantum: Fiat = DEAD. Gold, silver, energy-tokens: QFS ACTIVE.
~~~~~~~~~~
Global Currency Reset:
Sun. 20 April 2025: Final execution in progress. The wait is over. …Mr. Pool @rM_looP311-7211
Notifications will be (allegedly) delivered Mon. 21 April 2025 and Tues. 22 April 2025
Confirmed: Tier4b activations have (allegedly) begun!
The global financial system is in the midst of a transition. Major banking institutions in Zurich, the Rhineland and Hong Kong have entered the final liquidity phase. Important sources confirm that notifications are(allegedly) already being sent.
It’s happening now. Historic moves (allegedly) underway!
Multiple sources report that the QFS is clearing high-value transactions, ensuring large-scale liquidity deployment across multiple levels. Private banking sources confirm that funds are being transferred to designated accounts. This is(allegedly) the final stage before the public launch!
Urgent: Bank screens now(allegedly) displaying live trading rates!
IQD: $9.35 – now activated on internal banking platforms!
VND: US$5.89 – Surpassing projected levels!
ZIM: Processing – Elite groups now receiving!
Private Jet landing: high level transactions confirmed!
Military and government agents have (allegedly) arrived in Reno and Hong Kong. Elite bank employees are being escorted under security protocols; something historic is happening.
The next six to twelve hours are crucial.
The Deepstate Cabal has lost control: their desperate moves are (allegedly) being halted in real time. The new gold-backed financial system ha(allegedly) s arrived. This is global economic liberation in action. The last switch is filling! Get ready! Keep an eye on your inbox. Once this process is complete, nothing can stop it.
April 2025 Wolverine: Trump’s Executive Order has confirmed that GESARA mandates are now in effect: Exchange Centers have (allegedly) activated, Biometric Confidentiality Agreement(allegedly) s in place; Quantum Access Cards (allegedly) distributed; Military Courts(allegedly) in progress; Digital Gold Wallets (allegedly) ready and the Starlink controlled Global transition was(allegedly) in full progress. God bless you all.
Fri. 18 April 2025: Breaking News: $980 Trillion of Cabal Money Purged from Banks Unleashes Global Financial Turmoil – amg-news.com – American Media Group
Read full post here: https://dinarchronicles.com/2025/04/21/restored-republic-via-a-gcr-update-as-of-april-21-2025/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 I believe it's implemented. I believe they're using the new exchange rate. I can't prove it to you...but based on what I read...At 1310, 2 + 2 = is not 7. 2 + 2 is 4. These articles, this is logical. This is the truth. They're telling you what they're doing, what they're going to do. They're telling you how they're protecting the new exchange rate from parliament.
Militia Man 'Investing in strategic minerals such as thorium could generate returns comparable to oil as thorium is cleaner and more important alternative than uranium. Linking the value of the national currency to invest in the minerals depends on Iraq’s ability to enter valued added chains which contribute to raising the gross domestic product…This boom in mineral investment will positively impact fiscal and monetary policy by enhancing monetary stability.' That’s what they want, monetary stability…It’s kind of a long article but it’s fascinating. Linking the value of the national currency to investment based off their natural resources I think is quite simple to understand … The expectation is Iraq will have a real effective exchange rate and open up and integrate into the International financial system.
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$10,000 Gold This Year? Monetary Reset Breadcrumbs In Plain Sight | Mike Maloney
4-21-2025
Is the U.S. preparing for a monetary reset backed by gold?
In this powerful exposé, we follow the trail of breadcrumbs—from historical cycles and central bank actions to the massive inflows of gold into U.S. vaults.
Discover how past monetary transitions line up with today’s geopolitical and financial chaos, and why a $10,000 gold price may be more than just speculation—it could be imminent reality.
Inside This Video:
The 50-year monetary reset cycle
Surging U.S. gold imports and Fort Knox whispers
Treasury officials hinting at a new gold standard
A step-by-step breakdown of how gold could hit $10,000
Monday Coffee with MarkZ. 04/21/2025
Monday Coffee with MarkZ. 04/21/2025
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: Good morning everyone and I hope you all had a very Happy Easter.
Member: Remember March 28 1991 Kuwait Revalued during the Easter weekend.
Monday Coffee with MarkZ. 04/21/2025
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: Good morning everyone and I hope you all had a very Happy Easter.
Member: Remember March 28 1991 Kuwait Revalued during the Easter weekend.
MZ: Big start to the morning. If you all didn’t know yet- The pope has died…..and Klaus Schwab has stepped down for the World Economic Forum. Effective immediately. This is a very interesting Monday and very interesting timing.
Member: I can’t wait to see how the rest of the week will play out!
Member: Queen Elizabeth’s Birthday today…. and Pope dies on her birthday? … coincidence?
Member: The pope died at 88 yrs old….Schwab is 88 and retired today. Another coincidence?
MZ: Vice President JD Vance visited the pope this weekend….conspiracy theories will be all over today.
Member: Any new bond or bank stories over the weekend?
Member: Any bond news? is there a written process on how the bonds are paid? is the money in banks to pay bonds? what happened to the traveling over Easter weekend?
MZ: On the bond side: sovereigns expecting payday this week. My biggest bond contact got this word …and I will not divulge which day I was told. These I know for a fact are 100% getting paid by a sovereign national treasury…by a country…..not a flipper. I feel very confident and good about this one. I am expecting a good bit of movement this week.
Member: I hope and pray that take us over the 30% threshold?
MZ: Based on what I have heard…..we should clearly cross that 30, 40, 50% level this week on bonds completion…..that is exciting..
Member: Rumors are JP Morgan Chase and Wells Fargo have officially announced their support for the long-awaited revaluation of the Iraqi Dinar (IQD) and Vietnamese Dong (VND).
Member: Another rumor- Trump holding a meeting with major US banks yesterday informing them of the coming currency RVs?
MZ: There are a lot of circle-tel rumors out there. I will not report on them until I get confirmation that they have happened.
Member: I wonder- does their need to be an announcement of gold back currency to rv and mr c put in the codes?
Member: DOW DOWN -661
Member: DOW has dropped to -747
Member: I asked the Wells Fargo teller if they were using the new system one said what new system another said yes & I was off for a week & they trained on it while I was off.
Member: Militia Man said for all the ones who think this is a scam... you are in for a rude awakening
MZ: In Iraq : “Despite the reports: There is no justifications for closing the Embassy in Baghdad” supposedly Trump said they were going to close it down. I do not believe that is going to happen. It’s our biggest embassy anywhere in the world. We have seen all kinds of yoyo accounts in countries just before they reset. I take this one as a “diversion”
MZ: Trump has been sending more and more folks to Iraq to help them finish the completion of their reforms and preparations for their ascent to the World Trade organization. .
MZ: They have told us repeatedly that the final goal is to increase the purchasing power of all Iraqis.
MZ: “Sudanese advisor: Iraqs hard currency reserves are fine”
Member: From X: Mastercard informs the Central Bank of Iraq of the suspension of domestic and international transactions on its cards issued by Iraqi banks due to new regulatory directives
MZ: “Sudani: the Nesariyah combined power station project is one of the important projects that will enhance the supply of electricity in the national system” This project is being implemented by the German company “Seimans”. This is more of them modernizing for stability and removing the Iranian influence.
MZ: “Why is it important for American companies to visit Iraq?” For stability of course. There are a number of US and International companies that signed with the private sector. They need this for the reform process.
MZ: I keep hearing there is a rate tucked into the budget tables….and they are doing their best to stall the budget until they get the clearance to “GO”….That is the rumor I am getting out of Iraq from Iraqi sources.
MZ: “Chinese geologist announce yet another massive 1,000 tonne gold deposit and its easy to mine” Every day last week it seems they announced finding more gold, lithium deposits, massive commodity discoveries all over the world.
MZ: Chinas currency the yuan is imploding and they will have to announce their total gold holdings soon.
MZ: “More than any other in history-17,000.000 tons of copper underground in America” over 17 million tons of copper to help fuel Americas expansion back into manufacturing. All this is found as they are getting ready to reset.
Member: all of that will help asset backing our currency….just sayin
MZ: “The Global safe haven is slowly breaking. Why Central Banks are turning to gold” This is a great read from Gold telegraph on why the world is returning to a “Gold Standard”
MZ: “Trump Vs Powell: New Gold Backed Sound money Plan revealed : Judy Shelton” Great video from Soar financially. It appears Judy Shelton is the leading candidate to take Powell’s place. They are all talking about returning to a gold backed financial system.
Member: I cannot wait to tell folks “I told you so” Tired of being thought of as “crazy”
Member: Well at least we’re all ridin the “crazy train” together!
Member: I feel like we’re finally starting to see light or hope at the end of the tunnel!!!
Member: MarkZ thank you for everything you’ve done, and I’m glad you’re taking Monday and Friday evenings off.
Member: Thanks Mark, Mods and Everyone!!! God Bless and Much love
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS! FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS
“Tidbits From TNT” Monday 4-21-2025
TNT:
Tishwash: What is the importance of American companies visiting Iraq?
The Federation of Iraqi Chambers of Commerce affirmed on Monday that the visit of American companies is a message to the world that Iraq is a safe environment. It also explained that the visit resulted in an agreement on a regulatory framework for the private sector.
Abdul Razzaq Al-Zuhairi, head of the Federation of Iraqi Chambers of Commerce, said, "The visit of American companies to Iraq to invest and work with Iraqi businessmen is a positive and important step for Iraq."
He explained that "Iraq is a fertile environment, and the visit of American companies to Iraq is a positive message to all countries of the world that Iraq is a safe environment."
TNT:
Tishwash: What is the importance of American companies visiting Iraq?
The Federation of Iraqi Chambers of Commerce affirmed on Monday that the visit of American companies is a message to the world that Iraq is a safe environment. It also explained that the visit resulted in an agreement on a regulatory framework for the private sector.
Abdul Razzaq Al-Zuhairi, head of the Federation of Iraqi Chambers of Commerce, said, "The visit of American companies to Iraq to invest and work with Iraqi businessmen is a positive and important step for Iraq."
He explained that "Iraq is a fertile environment, and the visit of American companies to Iraq is a positive message to all countries of the world that Iraq is a safe environment."
He added, "American companies have signed numerous agreements with the Iraqi private sector in the fields of electric power and renewable energy. The most important memorandum is the signing of a regulatory framework between the Iraqi and American private sectors by the American Chamber of Commerce and the Iraqi Chamber of Commerce."
He pointed out that "a number of American companies have signed agreements with the private sector, most notably the global company Google, which is seeking to enter Iraq. Its representative came and wrote a positive message about Iraq, stating that Iraq is safe, which is an important message to the world." link
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Tishwash: Representatives of the Iraqi oil ministry, KRG, and APIKUR meet in Erbil, April 20, 2025.
A trilateral meeting was convened in Erbil on Sunday among representatives of the Iraqi Ministry of Oil, Kurdistan Regional Government (KRG), and the Association of the Petroleum Industry of Kurdistan (APIKUR) to address critical issues concerning the Kurdistan Region's oil sector, with a primary focus on resuming oil exports. Omid Sabah, Chief of Staff of the KRG Council of Ministers, stated that discussions involved the operational activities of oil companies and explored mechanisms to facilitate the restart of exports.
The meeting also considered the challenges and proposals presented by these companies to create a conducive environment for resuming oil exports promptly.
Despite the Iraqi Parliament's approval of amendments to the federal budget law on February 2, 2025, particularly Article 12 concerning the resumption of Kurdistan's oil exports, disagreements between the federal government and the KRG have hindered the implementation of these provisions. The amendments stipulate that the federal Ministry of Finance will compensate the KRG for production and transportation costs of oil delivered to the State Oil Marketing Organization (SOMO). An international technical advisory body, to be appointed jointly by the federal and regional governments, was tasked with determining the fair cost of production and transportation for each oil field within 60 days of the law's enactment. However, this deadline has passed without an agreement, prompting concerns from Iraqi lawmakers.
Adnan al-Jaberi, Deputy Chairman of the Iraqi Parliament's Oil and Gas Committee, emphasized that the 60-day period to select a consulting firm has expired without consensus. He noted that, in the absence of agreement, the federal government reserves the right to unilaterally appoint the advisory body.
Meanwhile, oil production companies operating in the Kurdistan Region have expressed skepticism toward the Iraqi Ministry of Oil. These companies demand the settlement of outstanding payments for past production, advance payments, and future guarantees as prerequisites for resuming export operations.
The halt in oil exports since March 2023, following a ruling by the International Chamber of Commerce in Paris, has significantly impacted the Kurdistan Region's economy, leading to delays in public sector salaries and reductions in essential services. Baghdad is under increasing pressure to resolve these disputes to restore financial stability and economic growth across Iraq.
As negotiations continue, the resumption of oil exports remains contingent upon resolving contractual disagreements, ensuring fair compensation for production and transportation costs, and rebuilding trust between the federal government and oil companies operating in the region.
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Tishwash: The Central Bank launches the virtual bank project.
The Central Bank of Iraq announces its adoption of a project to launch a virtual bank in Iraqi universities. This is the first virtual bank to be established in an Iraqi university. The first phase will be held at Al-Muthanna University, which hosted a comprehensive exhibition held on the sidelines of the second scientific conference "Artificial Intelligence and Labor Market Requirements."
The conference was organized by the University's College of Administration and Economics, in cooperation with Mansoura University of Egypt, the Central Bank of Iraq, the Muthanna Chamber of Commerce, and the Muthanna Chamber of Industry.
The exhibition included pavilions representing a group of banks and companies, as well as displays of fine art and heritage.
The virtual bank project aims to provide students and graduates with practical experience in banking, preparing them to develop human resources capable of meeting the needs of financial institutions. It also aims to provide students with practical experience by simulating the work of financial institutions and adopting international best practices.
It also aims to encourage financial institutions operating in Iraq to access and expand financial services to all geographical regions of Iraq, with the aim of strengthening financial inclusion plans.
Central Bank of Iraq
Media Office
April 20, 2025 link
Mot: Those Voices in da Head!! -- Always important to Listen to um - Ya Knows!!!
Mot: .... Just uns Perspective Fer Sure!!!
Seeds of Wisdom RV and Economic Updates Monday Morning 4-21-25
Good Morning Dinar Recaps,
CARDANO FOUNDER SAYS BUTERIN’S NEW ETHEREUM PROPOSAL ‘MAKES SENSE’
A fleeting exchange on social media has drawn two of the crypto sector’s most prominent protocol architects into unexpected alignment. On Sunday, Cardano creator Charles Hoskinson replied to a technical blog post from Ethereum co‑founder Vitalik Buterin with a terse endorsement: “It makes sense, we are using RISC V with BitVMX. It’s the future.”
Good Morning Dinar Recaps,
CARDANO FOUNDER SAYS BUTERIN’S NEW ETHEREUM PROPOSAL ‘MAKES SENSE’
A fleeting exchange on social media has drawn two of the crypto sector’s most prominent protocol architects into unexpected alignment. On Sunday, Cardano creator Charles Hoskinson replied to a technical blog post from Ethereum co‑founder Vitalik Buterin with a terse endorsement: “It makes sense, we are using RISC V with BitVMX. It’s the future.”
Buterin’s Latest Proposal For Ethereum
The comment was triggered by Buterin’s newly published “Long‑term L1 execution layer proposal” on the Ethereum Magicians forum, where he argues that Ethereum should abandon the Ethereum Virtual Machine (EVM) in favour of the open‑source RISC‑V instruction‑set architecture.
In the proposal Buterin calls the idea “equally as ambitious as the beam‑chain effort is for the consensus layer,” contending that a RISC‑V transition would “greatly improve the efficiency of the Ethereum execution layer, resolving one of the primary scaling bottlenecks,” while also simplifying the core codebase. He stresses that the familiar account model and opcodes “would stay exactly the same,” explaining that opcodes such as SLOAD, SSTORE and CALL would be exposed to contracts as RISC‑V syscalls.
“Old‑style EVM contracts will continue to work and will be fully two‑way interoperable with new‑style RISC‑V contracts,” he adds, sketching implementation paths that range from a dual‑VM environment to a more radical interpreter‑based migration.
Buterin’s technical motivation centres on the cost of proving EVM execution inside zero‑knowledge circuits. He points to measurements from Succinct’s ZK‑EVM showing that four tasks—deserialising inputs, initialising the witness database, computing state roots and executing blocks—consume the bulk of prover cycles.
The last of those, block execution, alone accounts for roughly half of total proving time. “Some numbers suggest that in limited cases, this could give efficiency gains over 100 ×,” Buterin writes, suggesting that direct access to a RISC‑V virtual machine could eliminate the overhead of compiling the EVM into RISC‑V for ZK proof generation. He argues that even if pre‑compiles become the new bottleneck, the shift would still produce “very significant” performance wins.
Cardano’s Use Of RISC‑V
Hoskinson’s swift assent carries weight because Cardano has been building around the same architecture. The network’s extended UTxO model is now being paired with BitVMX FORCE, a collaborative effort designed to let Cardano dApps tap into Bitcoin’s liquidity and decentralised‑finance activity.
BitVMX emulates a general‑purpose CPU for Bitcoin using RISC‑V, which in turn lets Cardano’s domain‑specific languages—Plutus and the low‑level Aiken—compile contracts that run seamlessly on either chain. By adopting the same instruction set for its off‑chain circuits,
Cardano hopes to render zero‑knowledge proofs more efficient and to facilitate cross‑chain functionality without resorting to trusted bridges.
RISC‑V’s appeal is two‑fold. As an open specification it avoids licensing constraints while offering implementers freedom to add extensions; at the same time, it’s simple, orthogonal design is friendlier to zero‑knowledge proof systems than the EVM’s eclectic opcode catalogue or Bitcoin’s austere script.
Hoskinson’s “It’s the future” therefore describes not merely Cardano’s roadmap but a growing industry trend, now echoed inside Ethereum’s own research circles.
Whether Ethereum’s highly conservative core‑dev process will embrace Buterin’s proposal remains uncertain. The Beacon‑chain merge, the Cancun/Deneb upgrade and the push toward statelessness already crowd the execution‑layer agenda.
Yet the fact that both a UTXO‑based competitor and the originator of account‑based smart contracts now cite RISC‑V as the optimal long‑term target suggests that the argument will not dissipate quickly. As Buterin concludes, stripping the base layer to “well within” ten thousand lines of code may require “this kind of radical change.”
@ Newshounds News™
Source: Bitcoinist
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SOUTH KOREA'S CENTRAL BANK VOWS TO 'ACTIVELY PARTICIPATE' IN STABLECOIN LEGISLATION DEVELOPMENT
▪️The Bank of Korea said it will actively participate in developing stablecoin regulations to prevent potential risk to monetary and financial stability.
▪️The country is working on the second part of its crypto legislation, which is set to focus on stablecoins and transparency requirements for crypto services.
The Bank of Korea said it will "actively participate" in the country's efforts to build a regulatory framework for stablecoins in order to mitigate potential monetary and financial risks.
"Unlike general virtual assets, stablecoins inherently possess characteristics of a payment measure," the BOK said in a payment systems report on Monday. "If their usage expands, they could … undermine the effectiveness of monetary policies."
The central bank also pointed out that stablecoins could transmit risks from crypto-related crises to the traditional financial market, threatening financial stability and the integrity of payment and settlement systems.
"The [Bank of Korea] intends to present its views on the desirable direction of stablecoin regulation from a central bank perspective," the bank said.
South Korea is currently developing a follow-up legal framework to its inaugural crypto law, which took effect in July 2024 and focuses heavily on protecting crypto investors by setting stricter requirements for exchanges.
The second bill is set to establish a regulatory framework for stablecoins and provide clearer classifications for crypto service providers, along with rules for more transparent token listings and disclosures, the BOK said in its report.
South Korea's Financial Services Commission previously announced that it would start drafting the legislation in the second half of this year.
The BOK report suggested that the country had 18.25 million crypto investors as of December 2024, which is more than 35% of its current total population. The top five exchanges in South Korea see an average daily trading volume of around $12.1 billion.
In a parallel effort, the BOK is testing its central bank digital currency with participation from citizens, retail shops and local banks to determine its commercial feasibility. Local news outlets reported that the central bank's planned second-stage trial, set for October, will explore peer-to-peer transfers of the CBDC.
@ Newshounds News™
Source: The Block
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