Seeds of Wisdom RV and Economic Updates Thursday Evening 4-24-25
Good Evening Dinar Recaps,
US SEC DELAYS DECISIONS ON POLKADOT AND HEDERA ETFS AS AGENCY WEIGHS DOZENS OF CRYPTO PROPOSALS
The SEC is extending its deadline to June 11, according to filings published on Thursday.
It will also delay a decision on the Bitwise Bitcoin and Ethereum ETF until June 10.
The U.S. Securities and Exchange Commission is pushing back its deadline for a few proposals to list and trade crypto funds based on Polkadot and Hedera's tokens. The agency is weighing dozens of filings to launch crypto exchange-traded funds.
Good Evening Dinar Recaps,
US SEC DELAYS DECISIONS ON POLKADOT AND HEDERA ETFS AS AGENCY WEIGHS DOZENS OF CRYPTO PROPOSALS
The SEC is extending its deadline to June 11, according to filings published on Thursday.
It will also delay a decision on the Bitwise Bitcoin and Ethereum ETF until June 10.
The U.S. Securities and Exchange Commission is pushing back its deadline for a few proposals to list and trade crypto funds based on Polkadot and Hedera's tokens. The agency is weighing dozens of filings to launch crypto exchange-traded funds.
The SEC is delaying its decision until June 11 to approve or disapprove a proposal from Grayscale to convert its Polkadot Trust as well as one from Canary to list an HBAR ETF, according to filings posted on Thursday. It originally had until the end of this week to make a judgement. The agency is also delaying a decision on the Bitwise Bitcoin and Ethereum ETF until June 10.
"The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change, as modified by Amendment No. 1, so that it has sufficient time to consider the proposed rule change and the issues raised therein," the agency said in the HBAR filing.
Filings for the Grayscale Polkadot Trust and the Canary HBAR ETF were made in February as firms look to launch a variety of crypto ETFs in what is expected, and is so far, a crypto-friendlier SEC.
Since President Donald Trump took office in January, the SEC has shown an openness to the crypto industry through public crypto roundtables while also dropping several lawsuits against crypto firms. The next roundtable is on Friday and is focused on crypto custody.
Under former SEC Chair Gary Gensler, the agency approved the listing of spot Bitcoin ETFs in January 2024 and spot Ethereum ETFs later in July, following a decisive court ruling brought on by Grayscale.
@ Newshounds News™
Source: The Block
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BRICS: EUROPEAN PARLIAMENT IN FINAL TALKS TO REMOVE CHINA SANCTIONS
The European Parliament is in the “final stages” of discussions with Beijing about removing sanctions on China, according to a Parliament spokesperson. “Discussions with the Chinese authorities are continuing and in their final stages,” the spokesperson said Thursday. The Chinese government put retaliatory sanctions on some MEPs in 2021, after the EU sanctioned some Chinese officials and entities over alleged human rights abuses in Xinjiang.
European Parliament President Roberta Metsola “will first inform group leaders once there is official confirmation from the Chinese authorities that sanctions have been lifted. It has always been the EP’s intention to have sanctions lifted and resume relations with China”, the spokesperson added.
Further sanctions, amounting to a visa ban and asset freezes in mainland China, Hong Kong, and Macau, were applied to a group of EU ambassadors who sat on the powerful European Council’s Political Security Committee, as well as the Mercator Institute for China Studies think tank and several other researchers. It is unclear if those sanctions are also set to be lifted, as representatives have yet to comment on further sanctions being cleared.
More Good News For China
The news is another positive for China, which earlier today also found out that their tariffs from the US may be lowered to 50%.
The Trump administration currently examines different methods for reducing the American trade barrier on Chinese imports, which he imposed in his second term, through possible reductions of 50% to 65%. Ears of political representatives are exploring a plan that duplicates previous House Committee on China recommendations.
China, meanwhile, has embarked on a charm offensive of its own, trying to rally European governments to fight Trump’s duties together. On Tuesday, China’s Foreign Minister Wang Yi spoke by phone with the foreign ministers of Austria and Britain, in an effort to convince them to oppose US moves.
“The US uses tariffs as a weapon to launch indiscriminate attacks on various countries … as a responsible country, China has stood up to stop it, not only to safeguard its own legit rights and interests, but also to safeguard international rules and the multilateral trading system,” Wang said.
@ Newshounds News™
Source: Watcher Guru
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So… Is It Over? And The Surprising Player That Is Holding The Cards
So… Is It Over? And The Surprising Player That Is Holding The Cards
Notes From the Field By James Hickman (Simon Black) April 23, 2025
Franklin Roosevelt pressed the red emergency button to stop the elevator on the way down to his private dining room. The King of Saudi Arabia was waiting for him, but the President wanted to smoke a couple of cigarettes first.
It was 11:30 in the morning on Valentine’s Day, 1945. World War II was nearing its end, and Roosevelt had just come from the famous Yalta Conference with Winston Churchill and Joseph Stalin to discuss what post-war Europe would look like.
So… Is It Over? And The Surprising Player That Is Holding The Cards
Notes From the Field By James Hickman (Simon Black) April 23, 2025
Franklin Roosevelt pressed the red emergency button to stop the elevator on the way down to his private dining room. The King of Saudi Arabia was waiting for him, but the President wanted to smoke a couple of cigarettes first.
It was 11:30 in the morning on Valentine’s Day, 1945. World War II was nearing its end, and Roosevelt had just come from the famous Yalta Conference with Winston Churchill and Joseph Stalin to discuss what post-war Europe would look like.
But on the way back home, Roosevelt went out of his way to meet with the Saudis. Legendary amounts of oil had been discovered in the Arabian desert a few years before and knew that such vast energy reserves would be strategically important to the United States after the war.
The problem was that Roosevelt was on death’s door at that point. His doctors had urged him not to go, but the President overruled them, sensing that the trip would solidify American interests.
He was right-- it was a critically important trip. But the doctors were right too-- it was obvious the trip had taken its toll, and a senior aide described FDR as “helpless in fatigue”.
The quick smoke break on his way to the lunch meeting was Roosevelt’s quick moment to relax, gather his wits, and put his game face on before taking on King Abdulaziz.
Apparently, the cigarettes did the trick, because Roosevelt was able to summon enough strength to build great rapport with the King.
As US Marine Colonel William Eddy (who was present at the meeting) later described, “the King and the President got along famously together” and became fast friends.
Roosevelt and Abdulaziz discovered they were the same age, both deeply interested in agriculture, and even shared similar physical handicaps.
In fact, Roosevelt gave one of his own wheelchairs to the King as a goodwill gesture, which Abdulaziz later recalled was “my most precious possession [from] my great and good friend President Roosevelt.”
President Roosevelt with King Ibn Saud aboard USS Quincy, 14 February 1945. Naval History & Heritage Command, Public domain, via Wikimedia Commons.
Roosevelt died less than two months later. But he had planted the seeds of a relationship with Saudi Arabia that soon became very important… and eventually critical to the United States.
In the 1940s and 1950s, the US economy grew leaps and bounds and had an insatiable appetite for energy; Saudi oil played a key role in fueling that growth, and both nations prospered from the relationship.
Their amity was put to the test in the 1970s when the US dollar was taken off the gold standard. World leaders revolted, and the dollar’s standing as the global reserve currency could have ended very quickly.
But Saudi Arabia stuck with the dollar. And in 1974, the two countries inked a new economic cooperation deal: the US would provide security and technology, and the Saudis agreed to maintain their currency peg to the dollar… which ultimately meant that oil would still be sold exclusively in US dollars.
If the Saudis had gone the other way and abandoned the dollar, America could have lost its global financial dominance by the end of the 1970s.
Instead, Saudi Arabia’s commitment encouraged (and realistically forced) the rest of the world to continue to hold US dollars, even if just for the sole purpose of buying oil from OPEC.
As a result, the US dollar has remained the global reserve currency through this day-- which is the ONLY reason why America can have a $36+ trillion national debt or run multi-trillion-dollar deficits each year… and yet the world keeps buying US government bonds.
Saudi Arabia could now be poised for another big decision that will have a major impact on America’s future dominance.
But first-- as of today, it appears that the Trump administration may be climbing down from hard-nosed positions they had adopted as recently as Monday.
Suddenly now the President doesn’t want to fire Fed Chairman Jerome Powell. Suddenly the gazillion percent tariffs on China are “too high”. Suddenly Elon thinks that he is spending too much time at DOGE.
Granted, all of this could change by the time I finish writing this article. Such are the times in which we live. However, it seems that the administration is feeling the pressure from the bond market rout, the stock market rout, the currency market rout.
It’s all very Truss-ian, i.e. reminiscent of 2022 when then-British PM Liz Truss had to resign after domestic financial markets crashed and investors vomited all over her economic plan.
Obviously, the guys in the US aren’t going to resign. But it appears that they’re capitulating to investors’ demands: “Go back to the way things were in March… keep hitting the woke universities, keep policing the border, keep doing all the other stuff. Just leave trade alone.”
So, is the economic war already over? Who knows. But even if they really are backing down, it remains to be seen if the rest of the world will simply forget about the past month and move on.
How much trust and confidence will other nations continue to have in the dollar, and in the United States? Already, over the past several years, there has been serious effort from the Usual Suspects (i.e. Russia, China, Iran, etc.) to de-dollarize.
Some of their efforts have been laughable. Others have made great progress.
And Saudi Arabia may once again be the key swing vote.
Saudi’s Crown Prince, Mohammed bin Salman (MBS), knows his kingdom’s oil will eventually run out, and he’s desperately seeking to build a real economy to replace it.
On one hand, Saudi Arabia has a longstanding relationship with the US-- though one that has clearly soured over the years. On the other hand, he has the Chinese offering all sorts of cash and prizes.
China knows that the petrodollar, i.e. selling oil in US dollars, is a key driver for global US dollar demand… which props up the US government and supports America’s gargantuan national debt.
Chipping away at that dollar demand will really hurt the United States. China wants this to happen. And they’ve been pushing Saudi Arabia to start selling oil in Chinese yuan, i.e. petroyuan.
Bottom line, MBS is going to have to make a decision about whether partnership with China or the US is better for his kingdom over the next several decades.
If he sticks with the US and rejects Chinese overtures, it will go a long way in keeping other countries in line, eliminating doubts about America, and maintaining the dollar as the reserve currency-- for now.
On the other hand, if he decides that China is the better option and starts selling oil in yuan, it could be crippling for the US economy.
Foreigners holding trillions of US dollar assets would no longer need to maintain such vast dollar reserves. The dollar would plummet as a result, US government bond yields would skyrocket, and inflation would surge.
Saudi Arabia is holding a lot of cards right now regarding the fate of the dollar… which is a key reason why Donald Trump himself is heading there in a few weeks.
Make no mistake-- this is a monumental story in the making.
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
Gold Is Being Remonetized – Why $10K Gold & $50 Silver Are Now in Sight | Florian Grummes
Gold Is Being Remonetized – Why $10K Gold & $50 Silver Are Now in Sight | Florian Grummes
Kitco News: 4-24-2025
Gold is pulling back from record highs above $3,500/oz — but is this just a pause before the next surge?
Silver is up over 3% in a single day, and some analysts say it's finally “waking up.” Azerbaijan’s State Oil Fund just added nearly 19 tonnes of gold in Q1, signaling fresh sovereign accumulation.
Meanwhile, Treasury Secretary Scott Bessent says there's “an opportunity for a big deal” with China on trade. Could this reshape global capital flows — and set the stage for silver to explode?
Gold Is Being Remonetized – Why $10K Gold & $50 Silver Are Now in Sight | Florian Grummes
Kitco News: 4-24-2025
Gold is pulling back from record highs above $3,500/oz — but is this just a pause before the next surge?
Silver is up over 3% in a single day, and some analysts say it's finally “waking up.” Azerbaijan’s State Oil Fund just added nearly 19 tonnes of gold in Q1, signaling fresh sovereign accumulation.
Meanwhile, Treasury Secretary Scott Bessent says there's “an opportunity for a big deal” with China on trade. Could this reshape global capital flows — and set the stage for silver to explode?
Florian Grummes, Managing Director of Midas Touch Consulting, joins Kitco News Anchor Jeremy Szafron to break down silver’s technical breakout, China’s strategic push to internationalize the yuan with gold, and what’s next for precious metals.
They also explore the gold/silver ratio, mining stocks like Silver Tiger Metals and First Mining Gold, and whether silver can really hit $50 this spring.
00:00 Introduction
00:59 Sovereign Gold Accumulation
02:12 Gold Price Predictions and Trends
04:16 US-China Trade Relations Impact
09:33 China's Strategy and Global Gold Flows
16:13 Gold and Silver Market Dynamics
26:18 Mining Stocks and Investment Opportunities
32:06 Conclusion
More News, Rumors and Opinions Thursday PM 4-24-2025
Ariel: 34 Countries Meeting with Trump
4-23-2025
34 countries meeting with Donald Trump.
A New Deal
Fair Trade
Currency Parity
Equal Value
~ Monetary Revaluation
Ariel: 34 Countries Meeting with Trump
4-23-2025
34 countries meeting with Donald Trump.
A New Deal
Fair Trade
Currency Parity
Equal Value
~ Monetary Revaluation
The trade summit between Donald Trump and 34 nations is profoundly significant for humanity, as it holds the potential to liberate global populations from the Deepstate’s oppressive grip, fostering a new era of economic and political sovereignty.
By challenging the entrenched systems of currency manipulation, unfair trade practices, and centralized control, these negotiations could empower nations to prioritize their citizens’ welfare over elite interests, reducing economic exploitation and fostering self-sufficiency.
The potential exposure of covert intelligence operations, secret society networks, and manipulative agendas in energy, technology, climate, and pharmaceuticals could awaken humanity to the hidden forces shaping their lives, sparking demands for transparency and accountability.
This shift threatens to dismantle the unipolar order, replacing it with a multipolar world where nations and individuals reclaim agency, free from the Deepstate’s financial, technological, and narrative stranglehold.
Ultimately, this could pave the way for a fairer, more equitable global system, where humanity’s potential is no longer shackled by orchestrated dependency and deception.
Source(s):
https://x.com/Prolotario1/status/1915168587276574857
https://x.com/Prolotario1/status/1915182335495983589
https://dinarchronicles.com/2025/04/23/ariel-prolotario1-34-countries-meeting-with-trump/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Henig IMO Vietnam wants trade with the US immensely, and is willing to be quite flexible to maintain that relationship. Remember that the number one thing that Trump seeks is fairness in the market--and top of the list of enabling factors is a fair exchange rate, with no exchange rate manipulation.
Militia Man Article: "What are the real reasons behind the delay in sending budget tables?" So, the cat is finally out of the bag. They are now saying what we could see...Article 12 of the 2023-2024 Budget is being withheld publicly. It is clearly exchange rate related! What they are saying is now in print that the street knows what we know and this is supporting our view...
Frank26 Article: "Baghdad prepares to receive a Kurdistan delegation...a decisive round to turn the page on disputes" The only dispute is that we don't have a new exchange rate. IMO that's what this conversation is going to be about. It's not about the oil. It's not about flowing the oil. The oil is not about the HCL. It's not about Article 140. It's about a new exchange rate IMO.
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Bessent Slams IMF - But Real Warning Was About the Dollar
Taylor Kenny: 4-24-2025
U.S. Secretary of the Treasury Scott Bessent publicly challenged the International Monetary Fund (IMF) and the World Bank, accusing them of "mission creep" and calling for a rebalancing of the international financial system.
While the headlines may focus on global policy debates, the deeper message is clear: the dollar system, as we know it, is breaking
As Taylor Kenney explains, the system that holds your savings, retirement, and financial future is undergoing a fundamental transformation—and it's time to prepare.
Gold Hit $3,500 — Then Something Strange Happened
Goldcore TV: 4-24-2025
Gold’s recent surge to $3,500 wasn’t just a price event — it was a warning shot.
A sudden, sharp revaluation not just of gold, but of everything investors thought they understood about the system.
While the media called it a rally, #centralbanks were quietly doing something else: doubling down. Not on yield. Not on growth. But on sovereignty. On protection. On something real, in a financial system increasingly built on hope and hashtags.
This GoldCoreTV episode breaks down what really happened at $3,500 — and why it wasn’t the end of the bull market, but the beginning of something deeper.
We explore: Why gold’s spike wasn’t about inflation — but about institutional panic
How central banks are quietly rebelling, buying over 1,000 tonnes a year
Why #silver’s silence is actually a signal, not a failure
What the gold-silver ratio is telling us about timing and opportunity
Why “buying the dip” isn’t a strategy for central banks — and shouldn’t be for you
This isn’t about timing a trade. It’s about understanding the message behind the move.
Because when trust evaporates, gold doesn’t rise in a frenzy — it rises in silence.
Iraq Economic News and Points to Ponder Thursday Afternoon 4-24-25
The Iraqi Dinar Regains Its Strength Against The Dollar
Thursday, April 24, 2025, 8:20 PM | Economic Number of readings: 64
Baghdad / NINA / The exchange rate of the dollar against the dinar decreased, Thursday evening, in Baghdad and the Kurdistan Region.
The exchange rate in the Al-Kifah and Al-Harithiya stock exchanges in Baghdad reached 144,600 dinars for every 100 dollars. This morning, the dollar recorded 145,200 dinars.
The Iraqi Dinar Regains Its Strength Against The Dollar
Thursday, April 24, 2025, 8:20 PM | Economic Number of readings: 64
Baghdad / NINA / The exchange rate of the dollar against the dinar decreased, Thursday evening, in Baghdad and the Kurdistan Region.
The exchange rate in the Al-Kifah and Al-Harithiya stock exchanges in Baghdad reached 144,600 dinars for every 100 dollars. This morning, the dollar recorded 145,200 dinars.
In the local markets in Baghdad, the selling price reached 145,500 dinars for every 100 dollars, and the purchase price was 143,500 dinars.
In Erbil, the dollar price also decreased, with the selling price reaching 145,200 dinars for every 100 dollars, and the purchase price reaching 145,100 dinars for every 100 dollars. /End https://ninanews.com/Website/News/Details?key=1199962
The Ministry Of Finance Announces The Launch Of The Third Issue Of National Bonds For Public Subscription, With A Value Exceeding 2 Trillion Dinars.
Ministry of Finance. "Internet" Money and Business Economy News – Baghdad The Ministry of Finance announced on Thursday the launch of the third issue of national bonds for public subscription, valued at more than 2 trillion dinars.
The Ministry's media office stated in a statement, seen by Al-Eqtisad News, that "the Ministry of Finance, represented by the Public Debt Department and in cooperation with the Central Bank of Iraq, announces the offering of the third issue of national bonds for public subscription with a total value of (2,262,942,000,000) trillion Iraqi dinars."
She explained that the categories of bonds offered are:
* 500,000 Iraqi dinar bond
8% annual return paid every six months for two years.
* 1,000,000 Iraqi dinar bond
10% annual return paid every six months for four years.
The subscription period starts on April 20, 2025 and ends on May 20, 2025.
She pointed out that "the subscription method:
Submit purchase requests at branches of banks authorized by the Central Bank of Iraq.
Attach the required identification documents.
Transfer the amount via RTGS on the subscription day.
A temporary receipt will be issued until the bond is prepared and delivered later," she said, calling on citizens, investors, and companies to "participate in this issue to benefit from fixed returns and a government guarantee." https://economy-news.net/content.php?id=54805
Iraq Stock Exchange: Trading Volume Exceeded 11 Billion Dinars During Five Trading Sessions In The Third Week Of This Month
Thursday, April 24, 2025, 15:57 | Economic Number of readings: 128 Baghdad / NINA / The Iraq Stock Exchange announced today that it traded shares worth more than 11 billion dinars during five trading sessions in the third week of April.
According to financial market indicators, the number of traded shares during this week amounted to more than 6 billion shares with a trading value of more than 11 billion dinars.
The ISX60 market trading index closed for the first session of the week at (1060.86) points, while the index closed at the end of the week at (1046.17) points, achieving a decrease of (1.40%) compared to its closing at the beginning of the session.
The ISX15 market trading index closed for the first session of the week at (1116.50) points, while the index closed at the end of the week at (1101.48) points, achieving a decrease of (1.36%) compared to its closing at the beginning of the session.
During the week, the market executed (4387) buy and sell contracts on the shares of companies listed on the market. /End https://ninanews.com/Website/News/Details?key=1199888
Government Activity And The Establishment Of Development Through The Pioneering Sector
Economy News – Baghdad Dr. Haitham Hamid Mutlaq Al-Mansour The recent economic climate has witnessed a clear evolution in the crystallization of the state's developmental role, in the movement of correction towards construction and reconstruction, especially in important structural aspects in the services sector and the employment sector, and focused steps to adjust the development path with the aim of revitalizing what was frozen in the previous government and completing stalled projects.
Perhaps the important question at this stage is about which development directions the current government should take in order to advance the correction and development process to its sustainable goal? And in which sector should it begin?
There are many development approaches addressed by theories of economic development that are feasible, but they may clash with the Iraqi economic reality, which suffers from a structural imbalance in production and demand. Therefore, the macroeconomic policy maker must start with what is possible and work to correct the sources of that possibility. In other words, development in the Iraqi economic reality must proceed from the following two axes:
First: Dealing scientifically with the economic reality and its distortions by entering into a thorny network of economic relationships that can lead to correcting the structural imbalance. These relationships are described as long-term and require a long period of time that includes the recovery of all agricultural, industrial, commercial, monetary, financial, and other sectors.
They assume a high degree of sector integration and high flexibility of the marginal substitution rate between the factors of production in its various sectors, in light of a complete reduction of the total cost functions. This requires significant financial, material, and human capabilities to diversify the structure of the economy and correct what has been distorted by decades of incorrect development policies and neglect, as this goal requires a long time to achieve or begin its path.
Second: Dealing realistically with the problematic data of the economic structure through planning for comprehensive development in the leading sector, namely the oil sector, starting from it to correct the distortion in the oil industry, through vertical concentration in the activities of the oil industry, including extractive, refining, and petrochemicals. This sector is the leading sector in enabling the development process through its forward and backward connections with other sectors and activities of the national economy.
The second approach is distinguished by its utmost importance in taking a strategic step to deepen the impact of the leading sector, as it enjoys material and financial returns that fall within the short-term limits, which often express the effectiveness of the overall policy in the macroeconomics.
The proposed approach of effective management of oil rents aims to achieve the correct combination of industrial interconnections between the rentier sector and other sectors to eliminate the displacement effect of rentier activity on other economic sectors, and to enhance the economic role of these sectors by linking them to the aforementioned sector, given its impact in directing government spending towards investment in infrastructure, social, health, and education systems necessary for the development process.
The experiences of rentier states similar to the Iraqi economy indicate that they have adopted a development approach in which annual budget items must be organically linked to the financial allocations of the general budget over the short, medium, and long terms. This is in addition to establishing a sovereign fund to invest oil surpluses sustainably in productive projects that generate material and social returns.
Now that the state has regained its ability to manage its resources and entered into many strategic projects with multiple economic links, it is possible to establish a governmental development axis capable of benefiting from the sustainable financial management mechanisms of the leading sector through a development approach that can be followed to achieve real results: It is represented by launching development from the leading sector that has the absolute advantage in contributing to the gross domestic product,
as it is likely that development will extend through this sector vertically and horizontally to and from the rest of its parts, and with the various sectors contributing to the chain of exchange of outputs and inputs, and focusing development activity on many sectors with organic horizontal interconnections that are likely to be of great importance to the development process in order to direct financing and investment activity towards its optimal function.
Therefore, I see the possibility of the government taking this development direction by planning for the oil sector and developing it vertically through planning for related internal activities such as the transformational industries in many economic sectors such as the construction and building sector and the electricity services sector, which are related to domestic consumer demand and would reduce the volume of imports.
On the one hand, on the other hand, the government must draw up a development plan to attract activities from weak sectors to achieve consistency in sectoral growth to raise their contribution to the GDP.
To enhance the proposed approach, a protective trade policy must be adopted that works to develop domestic demand for many industries branching off from the leading sector with organic links, and raise the levels of the GDP. https://economy-news.net/content.php?id=54790
Rashid Bank Disburses Interest On National Bonds To Beneficiaries
Buratha News Agency1492025-04-24 Rashid Bank announced today, Thursday, the payment of semi-annual interest on national government bonds to their beneficiaries. This is part of its full commitment to the specified timetable and to enhance investor and citizen confidence in the Iraqi financial and banking system.
The bank's media outlet stated in a statement that this step comes within the framework of its ongoing support for the Ministry of Finance's efforts to stimulate the local financial market and encourage citizens to invest in government debt instruments with attractive returns and limited risks.
The bank also invited citizens interested in investing in government bonds to visit its branches across Baghdad and the governorates to take advantage of the opportunities that provide a steady and secure income.
He pointed out that the interest payment process was carried out according to approved mechanisms and in line with the instructions issued by the Central Bank of Iraq. https://burathanews.com/arabic/economic/459199
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Thursday Afternoon 4-24-25
Good Afternoon Dinar Recaps,
CME GROUP TO LAUNCH XRP FUTURES IN MAY
Top derivatives firm, CME Group, is set to launch XRP futures in May, offering more options for traders in the digital asset market.
▪️Derivatives marketplace CME Group will launch XRP futures on May 19, pending regulatory approval.
▪️Contracts are available in two sizes, cash-settled with a daily reference rate.
Other firms like ProShares filed for three XRP futures ETFs with the U.S.SEC.
▪️Other firms like ProShares filed for three XRP futures ETFs with the U.S.SEC.
Good Afternoon Dinar Recaps,
CME GROUP TO LAUNCH XRP FUTURES IN MAY
Top derivatives firm, CME Group, is set to launch XRP futures in May, offering more options for traders in the digital asset market.
▪️Derivatives marketplace CME Group will launch XRP futures on May 19, pending regulatory approval.
▪️Contracts are available in two sizes, cash-settled with a daily reference rate.
Other firms like ProShares filed for three XRP futures ETFs with the U.S.SEC.
▪️Other firms like ProShares filed for three XRP futures ETFs with the U.S.SEC.
Global leading derivatives marketplace CME Group has confirmed adding XRP futures to its list of cryptocurrency derivatives products.
The launch is planned for May 19, pending the green light from regulators. This recent development is part of the firm’s continued effort to meet growing demand from investors looking for alternatives in the digital asset market.
Details on the New XRP Futures Contracts
According to CME Group, the XRP futures will be available in two contract sizes. As detailed, one will cover 2,500 XRP while the other will be much larger, representing 50,000 XRP.
It is worth mentioning that both contracts will be cash-settled. Pricing will be based on the CME CF XRP-Dollar reference rate, a daily benchmark calculated at 4:00 p.m. London time.
This rate reflects the value of XRP in U.S. dollars and is used to provide a consistent and fair settlement process. This addition will expand CME Group’s existing digital asset offerings.
The CME Group exchange currently provides futures and options for the most prominent cryptocurrencies, Bitcoin and Ethereum. It also expanded its crypto offerings with the launch of Solana (SOL) futures. With XRP now added to the lineup, CME is ready to provide traders with a broader range of tools to manage their exposure to digital assets.
Since entering the digital asset ecosystem, the exchange has recorded a consistent increase in interest in its crypto products. In the first quarter of 2025, the average daily volume for crypto futures was 198,000 contracts. This represents a notional value of $11.3 billion, showing strong year-over-year growth.
Open interest also grew to an average of 251,000 contracts, equal to $21.8 billion in notional value. SOL futures, which began trading in mid-March, recorded more than 43,000 contracts traded, with a total notional value of $705 million.
Rising Demand for Regulated XRP Offerings
CME Group’s decision to offer XRP futures reveals the increasing role of regulated financial instruments in digital asset trading. Based on market sentiment, as more investors seek alternatives for BTC and ETH, exchanges respond by introducing products linked to other tokens.
XRP, the cryptocurrency associated with Ripple Labs, has gained attention for its practical use in financial transactions. Its speed and low cost have made it popular among everyday users and institutional investors.
With XRP’s inclusion, CME Group is widening access to futures trading in an evolving space. This also signals that traditional financial institutions are paying closer attention to how digital assets can fit into mainstream portfolios.
In addition to CME Group’s announcement of launching XRP futures, the digital asset has made headlines lately following the conclusion of the Ripple vs. SEC case. The settlement with the U.S. Securities and Exchange Commission has arguably renewed confidence in XRP’s position, paving the way for increased institutional interest.
Coinspeaker noted earlier that ProShares has joined the race for the XRP ETF. In a recent SEC filing, the firm revealed plans to launch three XRP futures-based ETFs. This move signals growing competition and a more competitive investment appetite in the XRP space.
@ Newshounds News™
Source: CoinSpeaker\
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BRICS: CHINA OFFICIALLY LAUNCHES PLAN TO PROMOTE ITS OWN PAYMENT SYSTEM
BRICS member China officially rolled out a plan to promote its own payment system to replace SWIFT. The Communist country aims to reduce US dollar dependency to confront Washington’s aggressive stance on trade and tariffs. The new plan was jointly released by the Shanghai municipal government and the People’s Bank of China, the country’s central bank.
The new payment system from BRICS member China will incorporate the Chinese yuan through the Cross-Border Interbank Payment System (CIPS). China wants to leverage its dominance in the manufacturing and trade sector and push the Chinese yuan for settlements.
BRICS: China Will Take on SWIFT Through CIPS Payment System
The BRICS country China revealed that it will “enhance the functionality” of CIPS and challenge the Western-dominated SWIFT payment system. “Promote the use of the renminbi in belt and road partner countries, and build a trade and investment service system based in Shanghai to facilitate the global circulation and use of the renminbi,” the plan stated.
The plan also states that the Xi Jinping administration will strengthen financial support to Chinese enterprises “going global”. “Enabling all types of market players to engage in international competition and cooperation in a safer, more convenient and efficient manner,” read the report.
China will also allow other BRICS members to settle cross-border transactions without the US dollar in the new payment system. Beijing is looking to internationalize the Chinese yuan and make it a common currency for trade among developing nations.
Settling cross-border transactions in the new payment system will not only strengthen the Chinese economy but also uplift the BRICS alliance. The development could cause harm to the US dollar as more countries will stop using it as a form of payment for trade.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
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Thank you Dinar Recaps
Stocks, Bonds, and the US Dollar are all Breaking
Stocks, Bonds, and the US Dollar are all Breaking
Wealthion: 4-24-2025
The financial markets may be teetering on the edge of a major repricing event, according to Jesse Felder, founder of The Felder Report.
In a recent interview with James Connor on Wealthion, Felder issued a stark warning: stocks, bonds, and the U.S. dollar are all dangerously mispriced, potentially setting the stage for significant upheaval.
Felder argues that despite persistent recession signals, the S&P 500 remains dangerously overvalued. He highlights the concerning trend of retail investors driving a leverage-fueled bubble, while corporate insiders are simultaneously cashing out their holdings – a classic sign of market irrationality.
Stocks, Bonds, and the US Dollar are all Breaking
Wealthion: 4-24-2025
The financial markets may be teetering on the edge of a major repricing event, according to Jesse Felder, founder of The Felder Report.
In a recent interview with James Connor on Wealthion, Felder issued a stark warning: stocks, bonds, and the U.S. dollar are all dangerously mispriced, potentially setting the stage for significant upheaval.
Felder argues that despite persistent recession signals, the S&P 500 remains dangerously overvalued. He highlights the concerning trend of retail investors driving a leverage-fueled bubble, while corporate insiders are simultaneously cashing out their holdings – a classic sign of market irrationality.
The narrative surrounding the tech sector, often seen as a haven in uncertain times, is also showing cracks. Felder points out that optimism is waning, evidenced by AI giants freezing capital expenditure spending, suggesting a potential slowdown in the very sector driving market enthusiasm.
The bond market, traditionally seen as a safe haven, is facing its own unique challenges. According to Felder, surging deficits and persistent inflation could trigger a “vigilante revolt,” as investors lose confidence in the government’s ability to manage its debt. This could lead to a sharp increase in bond yields, further destabilizing the financial landscape.
Adding to the complexity, Felder believes the Federal Reserve may soon find itself in a policy trap. Facing political pressure, the Fed might be forced to monetize debt, potentially exacerbating inflationary pressures and undermining the dollar’s credibility.
Finally, Felder suggests that the U.S. dollar may have entered a long-term bear market, marking a significant shift in the global macroeconomic landscape. This weakening of the dollar could have far-reaching consequences, impacting everything from international trade to investment flows.
Jonathan Wellum, CEO of Rocklinc, weighed in on Felder’s analysis, revealing his firm’s cautious stance. Acknowledging the potential for market volatility, Wellum disclosed that Rocklinc is currently holding a substantial 28% cash position. This strategic move reflects a defensive posture, allowing the firm to capitalize on potential opportunities that may arise during a market correction.
Despite the overall bearish outlook, Wellum emphasized that opportunities still exist in today’s volatile markets. He pointed to specific areas where value can be found, though he didn’t explicitly detail them in the excerpt.
Felder’s warning and Wellum’s cautious approach underscore the importance of vigilance in the current market environment. While predicting the future is impossible, the confluence of overvalued assets, unsustainable debt levels, and potential policy missteps suggests that the risk of a major repricing event is elevated.
Investors should carefully consider their risk tolerance, diversify their portfolios, and be prepared for potential volatility ahead.
Whether a full-blown “reset” is imminent remains to be seen, but the warning signs are certainly worth heeding.
Thursday Coffee with MarkZ. 04/24/2025
Thursday Coffee with MarkZ. 04/24/2025
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 Mark, Z, and all the rest of this RV family. Looks like a great day for an RV!
Member: Question: Markz are exchange center worker contacts working now thru Sunday?
Thursday Coffee with MarkZ. 04/24/2025
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 Mark, Z, and all the rest of this RV family. Looks like a great day for an RV!
Member: Question: Markz are exchange center worker contacts working now thru Sunday?
MZ: My Redemption Center contacts have not checked in. they usually let me know on Friday if they expect to work on the weekend or not. I’m guessing someone is reporting that they are?
Member: Yes- that’s the rumors floating around today.
MZ: There are a lot of Bond folks right now that are expecting final contracts. They have originating wires for payment. Now we are waiting to see the money move.
Member: So wires were sent…..they just need the money in their accounts to be spendable?
MZ: There are a number of groups that have their staffs on “stand-by” to come in and start working. A few have called people in to start preparing and lay down the groundwork on how to handle it ect…..
Member: I wonder if it’s gonna be a shotgun start or trickle out from East to West??
MZ: If they don’t go all at once……It’s a good opportunity to get more currency. If they don’t do it all at once….there will be double dipping. I believe they will do it all at one time.
Member: so do you know anyone with currency that has exchanged for dollars yet?
MZ: I do not know anyone that have exchanged currency for real money….yet.
Member: When bond holders are paid –do they help fund the currency holders or are they separate entities?
MZ: They are separate entities….but their liquidity in the banks helps to pay us.
Member: Wolverine is a bondholder. He says we are about to see the RV….He has many sources, including a South American platform. He lives in Australia.
Member: Hypothetically, once you cash in the first basket currency, what would be a good currency to purchase to catch the second basket.
MZ: That is going to depend what ends up in the first basket and what doesn’t? I will work on a list of what I think could be next.
Member: Possible first basket: 1. US 2. UK 3. Kuwait 4. Canada 5. Mexico 6. Russia 7. China 8. Venezuela 9. Iranian Rial 10. IRAQ 11. Indonesia Rupiah 12. Malaysia 13. Vietnamese 14. Brazil 15. Saudi Arabia 16. Qatar 17. United Arab Emirates 18. Turkey 19. Afghanistan possibly 20. India 21. Libya 22. Japan23. Zimbabwe
MZ: The biggest ones I am looking for are Iraq, Vietnam, Indonisia and Zimbabwe.
Member: I pray the Bolivar is in the first basket as well.
Member: Does anyone know what the revalued the of the Indonesian Rupiah will be?
Member: its always been thought to come out at $1.47….we shall see
Member: Should we take all our different currencies with us to the redemption center?????
Member: I think you would be foolish not to. Take everything and they will tell you what they will exchange.
Member: Reports are at 6:13am Iraq time the CBI posted a rate of 480IQD to 1 USD. Stayed posted for 19 minutes before they changed it back to the normal 1310.
Member: The Iraq Stock Exchange and Iraqi Securities Commission signed a strategic MOU with the Abu Dhabi Securities Exchange (ADX) Wednesday, to join Tabadul digital trading platform.
MZ: “Iraq markets signs a memorandum of understanding with Abu Dhabi market to join the Tabadul platform” This means Iraq is fully international. This should mean they need a fully international rate on the dinar. Bare minimum…they need a real effective exchange rate (REER) if not a reinstatement or revaluation.
MZ: “ An unimaginable fortune: 55 billion tons of iron discovered in hidden reserve worth trillions of dollars and set to reshape global industry” this massive iron ore deposit is in Australia and worth trillions. I believe this is part of the move to the commodity cycle.
Member: Many countries are making huge wealth discoveries that could be used to back currencies.
Member: Eventually ALL currencies be on-par with each other……hope that happens after we exchange though. ??
Member: I’m retiring next Friday May 2. I sure hope and pray we RV this year
Member: I hope and pray we RV this week…lol
Member: Mark- Your best guess…Are we days or weeks away?
MZ: My guess would be just as useless as anyone else’s….but I would guess possibly next week. But it’s just a guess
Member: if you've been in this for any amount of time,you realize that everything they told us would happen is happening, maybe not as instant as some would like, but,steady common sense decisions.
Member: My exchange outfit is ironed and ready. Just need a notification!!!!
MZ: Charlie Ward is doing a golf tournament next week. I will be there for the gala Wednesday Night and speaking on Thursday. Zester will be speaking as well at 3:30 and 3:50 May 1st. I am thinking my topic may be on the history of resets and sound money.
MZ: Tonight we start a half hour early at 6:30 est. Will be having a guest on for “red light healing”
Member: Hope Everyone has nice plans for the weekend. Have a great day today
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
News, Rumors and Opinions Thursday 4-24-2025
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.
Judy Disclaimer: Please be aware that I report the news as I find it, try to credit articles with their original author and am not responsible for content. Information in the posts or articles from Social Media Sites that I quote may or may not be true. I report this information for educational or entertainment purposes only and not as fact. I encourage you to do your own research and make up your own mind as to what is happening in this great War of Good Against Evil.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 24 April 2025
Compiled Thurs. 24 April 2025 12:01 am EST by Judy Byington
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.
Judy Disclaimer: Please be aware that I report the news as I find it, try to credit articles with their original author and am not responsible for content. Information in the posts or articles from Social Media Sites that I quote may or may not be true. I report this information for educational or entertainment purposes only and not as fact. I encourage you to do your own research and make up your own mind as to what is happening in this great War of Good Against Evil.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 24 April 2025
Compiled Thurs. 24 April 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Tues. 22 April 2025 Wolverine: “Everything is ready to go, just waiting for the Green Light and will have an opera night to celebrate. Not long to go guys. Please pray.”
Tues. 22 April 2025 Bruce: Bond Holders were told today that their accounts will be available as soon as tomorrow. They have been paid since Sunday night. Redemption Center personnel are going in to work tomorrow Wed. 23 April. Redemption Centers will be open thereon and through the weekend including Sunday. As of last Monday the new rates were (allegedly) on the Redemption Center screens.
~~~~~~~~~~~~
THE BLACK SWAN HAS LANDED: Black Swan events are lightning strikes in history—rare, explosive, and only obvious in hindsight. Today’s Black Swan is nothing less than the ignition of NESARA and GESARA, the global reset that resets the rules of money, power, and control.
PHASE TWO: THE DAWN OF A NEW FINANCIAL WORLD: Protocol 19 has triggered the shift. The world’s financial system is being dismantled and rebuilt in real time. The old guard is done.
The Swift system collapses into the Quantum Financial System—a new realm of transparent, secure transactions.
Bitcoin’s dominance fades as asset-backed currencies rise—stable, regulated, and grounded in real value.
The media monopoly falls as Starlink and the Odin Project decentralize global communications.
The dollar and euro step aside as gold reclaims its throne as the foundation of global wealth.
~~~~~~~~~~~
NESARA: THE RESET BEGINS: NESARA, the National Economic Security and Recovery Act, delivers what the world has demanded for decades—a reset for the people:
All personal debts—gone. Credit cards, mortgages, loans wiped clean.
The IRS abolished. Income tax erased. A new flat sales tax replaces the corrupt system.
Seniors’ benefits increase, offering dignity to those who built the nation.
Constitutional law returns to the courts, restoring justice.
This is the foundation of a new America, unshackled from the banking elite.
GESARA: THE GLOBAL VISION: GESARA takes NESARA worldwide, reshaping every corner of the earth:
Citizenship revoked for globalist operatives—barred from reentry for life.
New elections globally. Emergency powers dismantled. Democracy restored.
A new Rainbow Currency, backed by precious metals, ends the era of fiat manipulation.
This is not reform—it’s global liberation.
THE HIDDEN TRUTHS EXPOSED: NESARA/GESARA aren’t just economic shifts—they unlock the hidden history:
Birth certificates, once sold as collateral, returned to the people.
The Federal Reserve dismantled. The Treasury takes control of the nation’s money.
Over 6,000 suppressed technologies—free energy, antigravity, healing machines—released to the world.
A NEW WORLD AWAITS: Financial privacy restored. Constitutional justice enforced. Global military aggression ceases. Massive humanitarian funds released. A technological renaissance begins.
The Black Swan has struck. NESARA and GESARA are no longer a theory—they are the mechanism that will shatter the old world and build the new. Trump’s Phase Two is in motion. The reset has begun.
Read full post here: https://dinarchronicles.com/2025/04/24/restored-republic-via-a-gcr-update-as-of-april-24-2025/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat Article: “AL-NUSAIRI CONFIRMS THAT THE CENTRAL BANK’S APPROACH TO BANKING REFORM AND DEVELOPMENT CONTRIBUTES TO ACCELERATING IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION.” what is holding it up? Remember the WTO did already tell us Iraq has met all the requirements. They told us this over a year ago. Does Iraq need a globally traded currency for “full accession”?
Militia Man Article: "The central bank's approach to banking reform and development contributes to accelerating Iraq's accession to the World Trade Organization." Iraq hasn't had full accession yet. And we always believe they won't have it quite yet until they are fully international. But the point is Iraq showing they are ready to go with what they have been doing. The news is really exciting because it supports all of that.
************
Iraq CBI Announcement on Debit/Credit Cards Outside of Iraq
Edu Matrix: 4-23-2025
BREAKING NEWS: The Central Bank of Iraq (CBI) has issued a new statement impacting credit and debit card holders outside of Iraq.
Effective immediately, a $5,000 monthly limit is set for most travelers, with higher allowances for retirees ($10,000), merchants ($20,000), and those seeking medical treatment abroad ($50,000).
This move is part of the CBI’s broader effort to regulate international transactions and prepare for global financial integration. This news is critical for investors in the Iraqi Dinar (IQD), particularly those residing outside of Iraq who are waiting for easier access to Iraqi bank accounts and digital currency services.
In other updates: Iraq observed a national moment of mourning as church bells tolled across Mosul, following the passing of Pope Francis, the first pope to ever visit Iraq.
In a surprising political and religious development, Iraq has voiced support for the head of the Chaldean Catholic Church in Baghdad to become his successor.
Meanwhile, Prime Minister Al-Sudani and top defense leaders marked the 94th anniversary of Iraq’s Air Force at the “Ur 2” joint air exercise at Balad Air Base, showcasing Iraq's growing regional air capabilities.
Iraq Economic News and Points to Ponder Thursday Morning 4-24-25
The Central Bank Renews Its Warning Against Trading In Withdrawn Banknotes.
April 22, 2025 In recent years, this bank has observed the circulation of foreign banknotes from various countries, some of which are genuine and in circulation, others withdrawn from circulation, and
some counterfeit.
Such banknotes are used by unscrupulous outlaws to defraud citizens by luring them into exchanging them for Iraqi dinars at prices far exceeding their actual value.
The Central Bank Renews Its Warning Against Trading In Withdrawn Banknotes.
April 22, 2025 In recent years, this bank has observed the circulation of foreign banknotes from various countries, some of which are genuine and in circulation, others withdrawn from circulation, and
some counterfeit.
Such banknotes are used by unscrupulous outlaws to defraud citizens by luring them into exchanging them for Iraqi dinars at prices far exceeding their actual value.
They claim that exchanging them offers them significant profits and rare investment opportunities.
Therefore, the Central Bank of Iraq calls upon the public and the specialized security and regulatory agencies to monitor these matters and refrain from handling these banknotes.
They should focus on Iraqi banknotes and those handled by the Central Bank of Iraq and the banking system, to avoid falling prey to outlaws. Central Bank of Iraq https://cbi.iq/news/view/2860
Al-Sudani's Advisor: Annual Returns From Investing Reserves Are No Less Than $2 Billion.
Money and Business Economy News – Baghdad The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed on Tuesday that the "annual returns" from investing foreign reserves are no less than $2 billion, according to his estimates. Saleh said,
"These investments are often short-term and directed toward US, European, or British treasury bonds,
with the goal of achieving appropriate returns."
He added, "These investments are characterized by low risk and generate appropriate returns, and the invested assets can be quickly converted into cash without incurring losses."
Saleh pointed out that "profits generated from reserves are divided into two types: the first is realized, represented by direct interest, and the second is unrealized, resulting from diversifying the investment portfolio, in addition to realizing potential profits from exchange rate differences between currencies and gold."
The Central Bank of Iraq previously revealed a decline in foreign reserves for 2024, reaching 130.81 trillion dinars, a 10.18% decrease compared to the same period in 2023, when these reserves reached 145.64 trillion dinars. https://economy-news.net/content.php?id=54462
Will The Government Resort To Mandatory Deposits For Citizens? These Obstacles
Time: 2025/04/21 22:48:02 Reading: 4,920 times {Economic: Al Furat News} The head of the Iraqi Economic Alliance, Adi Al-Alawi,
warned of the major challenges facing monetary and fiscal policy in Iraq,
emphasizing that financial reform requires real tools for transformation,
most notably the independence of the central bank.
During his appearance on the "Free Talk" program on Al Furat satellite channel this evening, Al-Alawi pointed out that:
"The most prominent problem lies in the lack of effective oversight of banks," stressing that
"the Central Bank is in one valley, and the banks are in another, as the latter
do not adhere to official instructions and
operate according to special policies,
which has caused the banking system to lose real control over it." He added that
"strict oversight represents the Central Bank's best weapon in controlling banking activity,"
calling for "a move toward a cashless economy despite a deep-rooted crisis of confidence among citizens in the banking system due to past experiences, including the seizure of funds in the 1990s and the subsequent bankruptcy or failure of some banks." Al-Alawi stressed that
"citizens cannot be forced to deposit their money in banks, even within the legal framework, because that would have negative repercussions." He pointed out that
"persuasion must be achieved through incentives," revealing that
"the number of shops and commercial companies registered with the Iraqi Chambers of Commerce is 1.2 million,
while the number of unregistered ones is 2.8 million,
bringing the total to approximately 4 million outlets." He explained that
"the mentality governing the Iraqi economy remains socialist,
despite the official transition to a market economy following the 2005 constitutional vote," suggesting that
"Iraq's budget is close to $100 billion or more, and was supposed to generate $12 billion from non-oil revenues."
Al-Alawi called for "a five-year tax freeze to
regulate corporate operations and
alleviate concerns about joining the financial system,
which could bolster the state treasury by $17 billion currently missing due to dollar-selling mechanisms."
In the same context, Al-Alawi revealed that
"the Central Bank has agreed with two international companies,
one specializing in bank mergers and the
other in private sector restructuring,
to submit a comprehensive study next July on the struggling banks."
https://alforatnews.iq/news/هل-ستلجأ-الحكومة-إلى-الإيداع-الإجباري-للمواطنين؟-هذه-العقبات
Banking Sector Update
Economic 04/15/2025 Yasser Al-Mutawali Iraq has recently witnessed significant improvements on the political, economic, and security fronts, which has had a positive impact on attracting foreign and Arab investments, particularly in the banking sector.
The increasing presence of foreign and Arab banks in the country is evidence of a recovering investment environment and reflects government efforts to enhance economic stability.
Among the most notable positive indicators that have contributed to strengthening the investment environment are regional and international cooperation and Iraq's openness to Arab and international countries.
This has boosted investor confidence and encouraged Arab banks to expand their presence in Iraq, which is relied upon to provide advanced financial services, such as trade finance and Islamic banking, in addition to supporting the private sector and joint investments.
This step represents the optimal means for global integration through the entry of international banks, reflecting the return of investor confidence in the Iraqi economy.
Meanwhile, the Iraqi banking reform process, undertaken by the government to address the challenges facing the banking sector and keep pace with the digital age and international requirements, is proceeding along two parallel tracks.
The first involves reforming private banks, led by the Central Bank, and ensuring compliance with international standards and the implementation of anti-money laundering and counter-terrorism financing requirements.
This includes lifting the ban on dealing with Iraqi banks and cooperating with international companies to develop the technical infrastructure.
The second path is being adopted by the government to modernize state-owned banks, with support from the executive branch.
This involves improving efficiency and adopting modern banking systems to reduce corruption, increase transparency, integrate with the private sector, and encourage partnerships between banks.
It's worth noting that there are obstacles hindering banking development, including bureaucracy, legal complexities, weak digital infrastructure in some local banks, and the need for qualified human resources to manage modern financial systems.
This goal aims to create a modern banking system that supports the national economy.
However, complete success requires accelerating reforms to ensure compliance with international standards, transforming Iraq into an attractive financial center that contributes to economic diversification and the creation of new job opportunities, thus strengthening its regional and international standing.
In any case, there is no alternative but to integrate with the global financial and banking climate, after comprehensive reform is completed, with the aim of creating a unified national banking market, directing banking credit towards investment, driven by the promising economic stability our country enjoys. https://alsabaah.iq/112899-.html
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Thursday Morning 4-24-25
Good Morning Dinar Recaps,
US STABLECOIN PLANS IGNITE EU REGULATORY DISPUTE
U.S. endorsement of cryptocurrencies and promotion of dollar-based stablecoins has reportedly sparked tensions between the European Commission and the European Central Bank.
ECB Dollar-Based Stablecoin Concerns Overblown
Good Morning Dinar Recaps,
US STABLECOIN PLANS IGNITE EU REGULATORY DISPUTE
U.S. endorsement of cryptocurrencies and promotion of dollar-based stablecoins has reportedly sparked tensions between the European Commission and the European Central Bank.
ECB Dollar-Based Stablecoin Concerns Overblown
U.S. President Donald Trump’s endorsement of cryptocurrencies is reportedly causing a tiff between the European Commission (EC) and the European Central Bank (ECB), which sees this embrace endangering Europe’s financial system. According to a Politico report citing an ECB policy paper, the central bank’s demand for the rewrite of laws governing cryptocurrencies is at odds with the EC, which views the former’s concerns as alarmist.
As stated in the report, the commission believes the Frankfurt-based ECB’s demands are an affront and challenge to its lawmaking authority. The reported spat between the two bodies comes as some in the European Union continue to voice concern over the growth of cryptocurrencies and dollar-based stablecoins.
For instance, the Italian economy minister recently warned that dollar-based stablecoins pose an even greater threat to the euro than the ongoing trade war. In the past, the European Union (EU) said it would prioritize promoting the digital euro, the continent’s answer to dollar-based stablecoins.
However, planned U.S. reforms, including a White House executive order and the STABLE and GENIUS acts, are expected to significantly expand the American stablecoin industry, potentially reaching a $2 trillion supply by 2028, according to British bank Standard and Chartered. This projected growth has triggered warnings from ECB President Christine Lagarde and digital payments head Piero Cipollone.
MiCA Rules Cannot Withstand Dollar Stablecoins
According to the report, both Lagarde and Cipollone believe Markets in Crypto-Assets (MiCA) rules are not strong enough to withstand dollar-based stablecoins. They fear that an avalanche of dollar-based stablecoins could end up rerouting European savings into the U.S. The ECB officials’ dim view of MiCA, however, is not shared by EC officials, who reportedly made their feelings known at a recent meeting.
An anonymous diplomat who attended the meeting is quoted in the report explaining how EC officials rebuffed claims made by Lagarde and Cipollone.
“The Commission was quite clear that they had different views on this topic [and] not very many [countries] supported the idea that we should now jump the gun and start making quick changes in [the rules] based on this alone,” one of the diplomats said.
The official suggested that the European Central Bank (ECB) is amplifying concerns about stablecoins to gain political backing for its digital euro project. The initiative aims to create a pan-European payment system to protect Europe’s financial infrastructure from crypto assets.
However, the EC has defended the effectiveness of MiCA rules and insisted that it’s too early to assess the impact of the U.S. crypto resurgence on EU markets.
@ Newshounds News™
Source: Bitcoin News
~~~~~~~~~
NEW AI AGENT LAUNCHES ON MAY 10: GROK AI BASED CRYPTO AGENT WILL CHANGE EVERYTHING
A new AI agent—powered by Grok AI—is set to launch on May 10, and it could change everything for retail traders during this crypto bull run.
In major news, MIND of Pepe launches its AI agent on 10 May. Much more than just a trading bot, $MIND is an autonomous intelligent actor that ingests and analyzes all types of market data in real time.
As such, it is also much more than just a meme coin. MIND of Pepe threatens to do for crypto what ChatGPT and Grok are doing for research and content generation – opening up a whole new world of invention. $MIND is a brain that not only analyzes but also acts. It can start trends as well as respond to them. It can even create brand new tokens.
Two of crypto’s dominant narratives in 2025 are still charging forward: meme coins and artificial intelligence. These narratives echo the explosive energy that fueled last year’s bull run. The launch of the MIND of Pepe AI agent marks the next stage of truly usable and useful AI for crypto market participants and users.
Now, as Q2 kicks off and the market regains its momentum, one question is on everyone’s mind: Can these trends continue to lead the charge?
There’s good reason to believe so. Meme coins remain one of the most accessible entry points into crypto, deeply rooted in internet culture, powered by viral energy, and driven by loyal communities. Meanwhile, AI is only just beginning to show its full potential, with new use cases emerging rapidly as the technology evolves.
And now, these two trends collide in one of the most talked-about projects of the year: MIND of Pepe ($MIND) – a crypto AI agent that gives the internet’s most iconic meme a neural upgrade.
The result? A meme coin with a brain – engineered to help investors identify opportunities, whether the market is pumping, dipping, or moving sideways.
Right now, $MIND is priced at $0.0037315 in its ongoing presale, but that price will rise in less than two days as the next tier kicks in.
CoinGecko Analysis Suggests Meme Coins and AI Will Still Dominate 2025
CoinGecko’s Q1 2025 report confirms what the market’s already feeling – AI tokens and meme coins continue to dominate investor interest, accounting for a combined 62.8% of all attention.
AI tokens now lead the charge with 35.7%, surpassing meme coins at 27.1%.
In 2024, meme coins ruled the first two quarters, cooled off in Q3, and peaked again in December with renewed retail participation. AI tokens, while active, played a secondary role.
But this year’s different. To lead the narrative again, it’ll take more than recycled hype. Investors are now looking for substance behind the memes – and real-world utility behind the AI. The project needs to offer tools, tech, and tangible value.
.For instance, tokens like Artificial Superintelligence Alliance ($FET) and Ocean Protocol ($OCEAN) – both critical to AI agent infrastructure – have been gaining serious traction, rising more than 32% and 28.4%, respectively, over the past week
In that same vein, MIND of Pepe is quickly capturing attention, not just riding the AI narrative, but helping redefine what it means in the crypto space.
MIND of Pepe Is The Ultimate Meme Coin Fusion With AI
In a market still driven by meme energy and AI utility, MIND of Pepe is emerging as the fusion point – a Pepe-themed, AI-powered token that doesn’t just react to trends but hunts them down and turns them into profit potential for $MIND holders.
Built on Ethereum, MIND of Pepe functions as an autonomous AI agent. It scans X (formerly Twitter), tracks crypto sentiment, and identifies early-stage opportunities before they go mainstream.
Holders can access these insights through a sleek, ChatGPT-style dashboard – trained specifically on crypto-native data – that answers questions, analyzes market conditions, and broadcasts real-time trade ideas.
But this AI doesn’t just listen. It acts. MIND of Pepe can interact with influencers and creators to amplify hype around trades it flags – and when the market’s quiet, it can dig even deeper.
With on-chain access and its wallet, the agent can interact directly with dApps and create new tokens based on trend signals it detects, pushing the boundaries of what meme coins and AI agents can do.
It’s a next-level leap – and the momentum shows. The project has already raised over $8.2 million, making it one of the fastest-moving presales of the year.
@ Newshounds News™
Source: 99Bitcoins
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