Seeds of Wisdom RV and Economic Updates Saturday Morning 5-17-25

Good Morning Dinar Recaps,

Article: Europe’s MiCA Law Is in Motion — But Can the Crypto Industry Keep Up?

• MiCA enters a critical implementation phase across the European Union.
• Stablecoin rules spark industry shake-up, with Tether refusing to comply.
• BitGo steps in with MiCA-compliant licensing in Germany.

The European Union’s Markets in Crypto-Assets regulation — better known as MiCA — is now in its critical implementation phase. Designed to harmonize crypto regulation across all 27 EU member states, MiCA aims to bring clarity, consumer protection, and long-term market stability. But as implementation begins, challenges are already surfacing.

This week’s Byte-Sized Insight episode explores MiCA’s newly active provisions, focusing particularly on stablecoins, and why some of the industry's largest players are pushing back.

As of January 2025, crypto asset service providers (CASPs) have begun acquiring licenses to legally operate within the EU. A transitional or “grandfathering” period grants existing firms up to 18 months (depending on the member state) to comply. However, with regulatory deadlines looming, firms must act swiftly.

Stablecoins Under Fire

One of MiCA’s earliest — and most controversial — provisions focuses on stablecoins.
Under the regulation, no stablecoin may be offered to EU users unless the issuer is authorized within the EU and publishes a white paper approved by regulators.

Additional requirements include:
• Strict reserve asset mandates
• Robust governance structures
• Conflict of interest policies
• Tight marketing rules
• A ban on offering interest-bearing tokens

This puts the world’s most-used stablecoin — Tether’s USD₮ — at odds with MiCA.
Tether has publicly announced that it will not seek MiCA compliance, which could force exchanges to delist it across the EU.

💬 Tether CEO Paolo Ardoino told Cointelegraph’s Gareth Jenkinson at Token2049:

“The reason is not, uh, fear of regulations, fear of compliance… The problem that I had with, um, with MiCA is that [the] license is very dangerous when it comes to stablecoins and I believe that it's even more dangerous for the small medium banking system in Europe.”

Compliance Players Step In

While some resist, others are embracing the new landscape.
BitGo, a major crypto custody firm, has obtained a MiCA-compliant license in Germany.
This positions BitGo to serve institutional players throughout the EU.

💬 Brett Reeves, Head of Go Network and European Sales at BitGo, shared:

“We found that both BaFin and the European regulators have been relatively straightforward to deal with. Sometimes they have difficult questions, but they're there to make sure that our processes are in place and up to scratch.”

Industry voices are also calling for clarity at the national level.
Erwin Voloder, Head of Policy at the European Blockchain Association, emphasized the importance of consistent interpretation and guidance from EU regulators.
Without it, there's a risk of fragmented enforcement and uncertainty for market participants.

MiCA marks a turning point for crypto regulation in Europe — but its success hinges on how well the industry adapts and how effectively regulators coordinate implementation.

@ Newshounds News™
Source: Cointelegraph

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Article: XRP News Today – Bank of France Officially Testing Ripple’s Ledger for Digital Euro

• Bank of France is officially testing Ripple’s private ledger for a Euro-based CBDC.
• Marks the first confirmed trial of Ripple’s blockchain for a national digital currency in France.
• Could give Ripple a first-mover advantage in the EU’s digital finance future.

A new academic study from Ulster University reveals that the Bank of France is actively testing Ripple’s private ledger as the underlying blockchain for a potential Central Bank Digital Currency (CBDC) based on the euro.

💬 The update was shared by crypto analyst @WrathofKahneman on X (formerly Twitter), highlighting what may be the first confirmed government trial of Ripple’s ledger for a European national digital currency.

Ripple’s Private Blockchain Gets a Seat at the Table

According to the academic findings, the Bank of France is currently conducting live tests on Ripple’s enterprise-grade private ledger.

This development significantly strengthens Ripple’s reputation as a top-tier blockchain infrastructure provider for national-level digital currencies.

France’s involvement is particularly notable due to its leadership role within the European Union, adding weight to any potential adoption discussions surrounding the digital euro.

Why This Trial Is a Major Milestone

🔹 Institutional Validation:
The Bank of France trial signals that Ripple’s blockchain is gaining serious institutional trust, despite past regulatory scrutiny in the United States.

🔹 EU-Wide Implications:
If successful, this test could pave the way for Ripple’s technology to be considered for EU-wide digital euro initiatives.

🔹 Tech Over Token:
The trial emphasizes Ripple’s value as a blockchain infrastructure provider, not just a cryptocurrency issuer.

🔹 First-Mover Advantage:
Ripple’s ready-to-deploy ledger gives it a potential edge over competitors still developing their CBDC platforms.

The Bigger Picture: Ripple in the Global CBDC Race

Countries like China are already moving aggressively on CBDC development. Europe, by contrast, risks falling behind — unless it can adopt a scalable, secure solution quickly.

Ripple’s blockchain is uniquely positioned to fill this gap, offering speed, compliance, and reliability.

Why This Matters

Ripple’s entry into CBDC trials in France may mark the start of a much broader shift. As central banks globally search for trusted partners to usher in the next generation of money, Ripple is clearly positioning itself as a frontrunner in the digital financial revolution.

@ Newshounds News™
Source: Coinpedia

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“Tidbits From TNT” Saturday Morning 5-17-2025

TNT:

Tishwash:  MP: Baghdad Summit Will Attract $30 Billion in Investments to Iraq

MP Mudhar Al-Karwi confirmed on Friday (May 16, 2025) that the Arab Summit will contribute to opening up broad investment horizons in Iraq in no less than 12 important economic sectors, and may attract investments worth up to $30 billion over the next few years.

Al-Karwi told Baghdad Today, "Despite being held under exceptional circumstances in the Arab region, including the repercussions of the situation in Palestine and other Arab countries, in addition to the security and economic challenges, the Arab Summit will provide significant economic momentum to Iraq."

He added, "Baghdad has succeeded in eliminating security concerns, and with the current positive developments, the summit will contribute to stimulating economic exchange between Iraq and Arab countries."

He pointed out that "after the Baghdad summit, there will be positive repercussions on 10 to 12 economic sectors between Baghdad and Arab capitals, with the potential to attract investments of up to $30 billion within a few years."

Al-Karwi explained that "there is interest from Arab countries, especially Gulf countries, in investing in the agriculture, industry, and banking sectors, with the potential to create private partnerships, as Iraq's development path has become a major focus of interest in many Arab capitals."

He stressed that "Iraq, through the economic committees, is moving toward concluding several agreements during the summit or through subcommittees, which will enhance the impact of the summit, which will not be limited to the political dimension alone, but will clearly extend to include the economic dimension."  link

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Tishwash:  Iraq is reasserting its regional role with an economic and development agenda. 

 Iraq is preparing to host the 34th Arab League Summit, amidst great momentum and widespread aspirations to restore its historic role on the regional stage. Baghdad, which for decades served as a focal point for Arab decision-making before being sidelined by wars and conflicts, is returning today with a new outlook based on stability and development and economic ambitions.

The summit, scheduled for tomorrow, Saturday, is the first hosted by Baghdad since 2012. It represents a true test of Iraq's ability to lead Arab dialogue, not only politically, but also economically and developmentally, at a time when the region is facing unprecedented challenges, most notably the water crisis, desertification, energy crises, and economic integration.

Dr. Mazhar Mohammed Salih, the Prime Minister's financial advisor, believes the summit represents a "strategic turning point" in Iraq's contemporary history, demonstrating that the country now possesses the political, security, and logistical capacity to bring together Arab leaders on its soil. In a statement to Al-Sabah, he said that the summit has two main dimensions: the first is political and symbolic, representing Iraq's return to its natural position within the Arab regional system, and the second is economic, represented by the government's efforts to strengthen regional development partnerships, thus enhancing Iraq's geographical position as a major logistics hub between Asia and Europe.

Saleh points out that the "Development Road" will feature prominently on the summit's agenda, as a strategic project that could achieve integration between the countries of the Levant and the Maghreb by linking the Iraqi ports in Basra to the Turkish border, reaching Europe. He explains that the project is not limited to transportation, but includes the establishment of industrial and commercial zones along the route, providing major investment opportunities.

Economist Dhurgham Mohammed Ali believes the summit represents an important platform for revitalizing Arab initiatives on vital economic issues, stressing that the positive political climate surrounding the summit gives it additional momentum. Speaking to Al-Sabah, he added that among the most prominent issues on the table are desertification and food security, as Iraq and neighboring countries suffer from worsening environmental threats that can be addressed through joint Arab coordination in the areas of water, smart agriculture, and land reclamation.

Ali continues that the summit also offers Iraq the opportunity to renegotiate electricity and gas interconnection projects with the Gulf states, Jordan, and Egypt. These issues are witnessing rapid developments in bilateral agreements, but collective coordination within the framework of the Arab League could give them a deeper dimension.

He stressed the need to leverage the presence of Arab leaders to promote investment opportunities within Iraq, particularly in the renewable energy, tourism, and infrastructure sectors, noting that the Iraqi government has demonstrated a clear willingness to provide genuine facilitations to Arab investors.

Economist Diaa Al-Mohsen believes the summit carries a political dimension no less important than its economic aspect, especially as it is being held in a turbulent regional context witnessing a struggle for roles and influence between regional and international powers. Al-Mohsen told Al-Sabah: "The mere fact that the summit is being held in Baghdad is a political and diplomatic victory for Iraq, and a message that the country has regained its health and is capable of serving as an arena for dialogue, not a battleground."

Al-Mohsen asserts that the government has made significant efforts to improve the capital's infrastructure and create security and logistical conditions for the summit's success, which will positively impact Iraq's image regionally and internationally. He also noted that the political and diplomatic momentum accompanying the summit could help attract Arab capital, especially given the desire among Gulf investment funds to engage in strategic projects within Iraq.

Legal and economic expert Abdul Rahman Al-Shaikhli believes the summit also represents an opportunity to rebuild trust between Iraq and its Arab neighbors after decades of estrangement and tension. Speaking to Al-Sabah, he explained that Iraq has suffered from political isolation for years, resulting from internal conflicts and foreign interventions, but the summit represents an indication of a gradual shift toward a stable political environment that will enable regional reintegration.

Al-Shaikhli adds that Iraq has already begun implementing broad economic reforms in line with the requirements of a free economy, which qualifies it to be part of Arab economic integration projects. He points out that the summit could serve as a platform for developing unified Arab financing mechanisms that support small and medium-sized enterprises and achieve development goals. He concludes by saying that if Iraq succeeds in formulating a unified Arab position on environmental and economic issues during the summit, it will have achieved a strategic gain that transcends the confines of politics, establishing itself as a regional player capable of initiative and influence.  link

Tishwash:  Al-Sudani's advisor reveals Iraq's debts and their global classification.

The financial advisor to the Iraqi Prime Minister, Mazhar Mohammed Salih, revealed on Friday that the ratio of external and domestic public debt does not exceed 33% of the gross domestic product, an indicator that places Iraq within a comfortable and low-risk global credit rating.

“Iraq legally and customarily extinguished, in the Paris Club agreement of 2004, about $100 billion of the external debt accumulated by the former regime due to conflicts and wars. It was called pre-1990 debt and had a claims ceiling of about $38.9 billion.

The remainder was rescheduled for about 20 years after the immediate cancellation of $100 billion, noting that many countries had cancelled 100% or close to that at the time of signing the agreement, which reduced the remaining reschedulable debt,” Saleh said in a press statement followed by Al-Mada.

He added, "It is also assumed that the Paris Club debts (both sovereign and foreign sector) will be fully extinguished in 2028, with the final foreign private sector debt remaining after the latter's rescheduling into European bonds called 'Iraq 2028'. The debt is valued at approximately $2.7 billion and is currently traded in global secondary capital markets."

He continued, "We also borrowed approximately $12 billion to finance the budget during the war on ISIS, most of which was repaid, specifically with the International Monetary Fund."

Regarding foreign debt, Saleh points out that "the foreign debts due over the next four years are approximately $9 billion, and there are foreign debts of a similar amount extending over longer years, related to long-term loans from international funds, mostly for the reconstruction of liberated areas."

Accordingly, "the ratio of external debt to GDP is within a very safe range, not exceeding 8% of GDP, which has placed Iraq within a comfortable and low-risk global credit rating," according to Saleh.

The government advisor explained that "the general budget annually allocates appropriate allocations for debt repayment and servicing as a top priority, which has strengthened Iraq's creditworthiness."

As for the domestic public debt, according to Saleh, it "amounts to 85 trillion dinars, half of which is invested in the Central Bank of Iraq's investment portfolio, and the remainder is held mostly by government banks and the public in the form of bonds and transfers. It has accumulated due to the three oil asset cycles."

He reveals that "domestic public debt constitutes 25% of GDP. If the value of the remaining external public debt is added to the domestic public debt, their combined ratio to GDP does not exceed 33%, indicating that our country is within the safe classification criteria for acceptable debt, which amounts to 60% of GDP."

He notes, "But without forgetting that there are approximately $40 billion that have not been settled practically since the Paris Club agreement in 2004, which (should be written off by 80% or more) under the agreement, if that debt is true, and which belong to eight countries related to financing the Iran-Iraq war. These are odious debts, as they are called in economic literature, and they are pending without settlement."

The government advisor concluded his remarks by saying, "There is careful planning between fiscal and monetary policies to extinguish the domestic debt held by the (government banking system) within a genuine financial settlement that provides public finances with ample scope for financial sustainability link

Mot:  . Guess who kept everyone awake last night 

Mot .. getting it done 

Will Trump Return To A Gold Standard? | John Rubino

Will Trump Return To A Gold Standard? | John Rubino

Liberty and Finance:  5-16-2025

John Rubino highlighted how Donald Trump’s second term is shaping up very differently from his first, with Trump now cutting major international deals and gaining political momentum, particularly in the Middle East.

Rubino praised Trump’s bold geopolitical moves, suggesting that his direct, transactional style is helping stabilize global trade tensions, despite lingering economic risks.

He pointed out that Trump’s aggressive approach could even extend to monetary reform, speculating that a return to the gold standard isn’t out of the question.

On gold, Rubino noted its surprising strength in breaking past $3,000 without major resistance, attributing this to institutional buying and a growing distrust in fiat currencies.

He advised that while short-term corrections are likely, the long-term trajectory for gold remains bullish due to systemic financial instability and the inevitable devaluation of global currencies.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Trump's deal making

10:45 Gold market

21:00 Artificial Intelligence

30:10 Preparedness & health

https://www.youtube.com/watch?v=c6K7_dIY5Xs

Iraq Economic News And Points To Ponder Late Friday Evening 5-16-25

Within Five Years, Iraq Will Achieve Self-Sufficiency In 20 Agricultural Crops.
 
 May 15, 18:11  Information/Baghdad..  The Parliamentary Agriculture and Water Committee confirmed on Thursday that Iraq has achieved self-sufficiency in 18 to 20 agricultural crops over the past five years, despite environmental and climatic challenges.
 
Committee member MP Thaer al-Jubouri told Al-Maalouma,  "The agricultural sector, despite the difficulties of drought, climate change, and setbacks it has experienced over the past years, has witnessed remarkable activity, represented by reaching the stage of self-sufficiency in approximately 18 to 20 crops, including vegetables and fruits."

He emphasized that "the agricultural sector has succeeded in securing the needs of the Iraqi markets at very reasonable prices."  Al-Jubouri added,
 
"One of the important positives in the agricultural sector is the  transition to modern irrigation technologies and  changing farming patterns,  while striving to cultivate new crops with the aim of achieving diversity and increasing revenues." 

 He pointed out that  "there are serious efforts to open up export opportunities for crops,
especially during peak production, to achieve higher revenue rates, given the growing demand for Iraqi fruits and vegetables in neighboring and other markets." 

 Al-Jubouri pointed out that  "the emergence of modern farms and their use of advanced technologies will enhance economic viability and ensure higher production levels to directly cover markets."

It's worth noting that Iraq possesses millions of acres of fertile land that produces a variety of vegetables and fruits, enhancing its ability to directly establish the concept of food security.  End 25F.     
  
https://almaalomah.me/news/98817/economy/خلال-5-سنوات-العراق-يحقق-الاكتفاء-الذاتي-من-20-محصولا-زراعيا 

Expert: Central Bank Reserves Declined By More Than 12% In Three Years

economy | 11:23 - 05/16/2025   Mawazine News - Baghdad -  Economic affairs expert, Manar Al-Obaidi, confirmed today, Friday, that the Central Bank of Iraq's reserves witnessed a significant decline of more than 12% from the end of 2022 until March 2025.

Al-Obaidi said, in a statement received by Mawazine News, that "reserves declined by more than 20 trillion Iraqi dinars in a period of only 15 months, at a rate of 1.3 trillion dinars per month, equivalent to one billion dollars."

He added, "This decline cannot be read in isolation from the continuous rise in the import bill, which has begun to drain the state's hard currency resources on a daily basis."

Al-Obaidi pointed out that "this decline is due to Iraq's almost total dependence on foreign exchange to meet its consumer and production needs, in light of the absence of efficient local alternatives, the weakness of the industrial and agricultural sectors, and the continued operation of the currency window mechanism in its current form."  https://www.mawazin.net/Details.aspx?jimare=261491

The Baghdad Summit And Support For Transportation And Logistics Projects Are A Strategic Pillar For Diversifying The National Economy

Dr. Haitham Hamid Mutlaq Al-Mansour  Economy News – Baghdad  The Baghdad Summit, which began on Tuesday, May 13, has been hosting a ministerial-level meeting of the Economic and Social Council, which included important meetings on enhancing regional cooperation on transportation and logistics projects between the region's countries.

These topics played a significant role in these meetings, given their importance in stimulating economic growth and connecting regional markets. How can the summit support these projects? What are the expected prospects for this sector?

The government's interest in transportation and logistics projects was a national and regional economic priority at the Baghdad 2025 Summit, through planning major strategic projects aimed at transforming Iraq into a regional transportation and trade hub, by linking southern Iraq to the Turkish border in the north, and Jordan and the Mediterranean Sea in the west, thus enhancing Iraq's role as a major economic hub in the region.

Therefore, we find that the government is working to strengthen Iraq's economic position by developing trade relations with Arab countries, re-evaluating previous agreements, and implementing strategic projects aimed at diversifying the economy and reducing dependence on oil. This is due to the advantages and gains it offers in the following areas:

Iraq's strategic location: Iraq serves as a land bridge connecting the Arabian Gulf to Turkey and Europe, and Asia to the Arab world, making it a key logistics hub.

The goal is to promote intra-regional trade and facilitate the movement of goods between participating countries (Jordan, Saudi Arabia, Iran, Turkey, and others), reducing costs and increasing the speed and volume of trade.

Diversifying the Iraqi economy: As an alternative to its total dependence on oil, Iraq could become a regional logistics hub, providing job opportunities and supporting other sectors such as industry and warehousing.

The most prominent proposed transport and logistics projects:

A. Land and railway connectivity projects

- The Iraqi Development Corridor: Linking the Grand Faw Port in southern Iraq to Turkey via a railway and highway network, facilitating the transport of goods between the Gulf and Europe.

- The Iraqi-Jordanian railway line: to enhance trade exchange with Jordan and its outlet to the Mediterranean.

- A project to link Gulf ports to Turkey via Iraq: In cooperation with countries such as Kuwait and Saudi Arabia, this project aims to create an alternative trade route to congested sea lanes.

b. Development of ports and airports

- Al Faw Grand Port: One of the largest logistics projects in the region, it could become a competitor to Dubai Ports and Jebel Ali Ports if completed.

- Modernizing Baghdad, Najaf, and Basra airports to increase their capacity to handle air cargo and enhance transit, as well as establishing new airports.

C. Free logistics zones

Establishing warehousing and logistics distribution areas in cities such as Basra and Najaf to facilitate re-exports and reduce shipping costs.

But the important question remains: How can the summit support these projects? Support is provided through:

Concluding land and air transport agreements between Iraq and neighboring countries to facilitate the movement of goods and trucks.

Attracting investments from the Gulf states, Turkey, and China to finance infrastructure.

Establish a regional logistics authority to coordinate transport policies and unify customs standards.

Involving the private sector in the management and operation of logistics projects to ensure efficiency.

Among the most important challenges and obstacles that may face the process of supporting these projects, which are expected to reveal Iraq’s capabilities in developing this category of strategic projects, are:

The weakness of Iraq's current road and railway infrastructure.

Bureaucracy and corruption hinder the implementation of major projects.

Therefore, the multiplicity of economic impact expected from these investments is of great importance on the level of the Iraqi and regional economy, which appears to us as follows:

A. At the level of the Iraqi economy:

Boosting GDP: The International Monetary Fund estimates that investing $10 billion in infrastructure could boost Iraq's economic growth by 2.5% annually.

Job Creation: Transport and logistics projects could create 500,000 direct and indirect job opportunities by 2030.

Diversifying revenues: Currently, 90% of Iraq's revenues come from oil, but the transportation sector could add $5-7 billion annually by 2030.

Reducing the trade deficit: Transportation costs for the trade sector are expected to decline with improved infrastructure, which will provide an incentive to develop export industries that will reduce the $30 billion annual trade deficit between Iraq and its neighbors (Turkey, Iran, and Jordan).

B. At the level of regional trade and international investment:

Reducing shipping costs: The Gulf-Türkiye route via Iraq may reduce shipping time from 20 days (by sea around the Arabs) to 48 hours (by land).

Positive impact on foreign investment flows. With improved infrastructure, the region could attract investments from Turkey, other Arab countries, China (under the Belt and Road Initiative), the Gulf (particularly in energy and logistics), and European companies seeking new markets.

Therefore, the Baghdad Development Summit represents a very opportune opportunity to stimulate the growth and diversification of the national economy, as well as to revitalize Iraq's strategic role in regional cooperation in the field of transportation and logistics.

Iraq is on the cusp of a major economic transformation, transforming it into a trade hub between Asia and Europe and supporting its economy with non-oil revenues.

This requires effective policies to prepare and rehabilitate relevant sectors and establish strategic partnerships with neighboring countries and international investors. https://economy-news.net/content.php?id=55515

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

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FRANK26….5-16-25….BANK ON IT

KTFA

Friday Night Conference Call

FRANK26….5-16-25….BANK ON IT

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

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

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

https://www.youtube.com/watch?v=jOcW1bw_Bro

Bruce’s Big Call Dinar Intel Thursday Night 5-15-25

Bruce’s Big Call Dinar Intel Thursday Night 5-15-25

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It's Thursday, May 15th  and you're listening to the big call, thanks for tuning in all over the globe. We love the fact that the Starlink system we're using to piggyback on that to get out to listeners all over the planet. So thanks for tuning in, if that's the case for you, and you're getting this call in something other than English, and these are getting translated in three seconds after I'd say it, glad that you're all there thanks for tuning in. Let's pray the call in.

So let's get into some intel. All right, what's what's interesting? I told you guys Tuesday night that a lot of the sources that we have  have sort of dried up. A lot of people that we've talked to are no longer able to talk to us. They say we're too close to this. They're listening to everything we say, all that kind of talk, you know. And so we do the best we can to find out what, what the heck is really going on, you know?

Because you know guys, you know it as well as I do. We thought Thursday, Friday, today, tomorrow, for sure, would be when we're supposed to be notified, because we had heard that right from pretty good sources, people that are in the redemption center. All right, here's what happened today.

They got emails at 915 this morning, but the emails were to give them their new username, passwords to get in, to log in to their accounts. They did. They've been doing a lot of shifting of personnel locations in the redemption centers. And I don't think it's just in one or two regions. It could have been nationwide that this, these changes were taking place.

So this morning, the redemption center leaders were looking for new username, password to access to go online, all right, onto the proper site. So in the case of we did get stuck with one of our bank leaders and one of our redemption center leaders. Very briefly, we find that in the redemption centers today, the screens went dark.

They went black, and it was because, probably because new rates are going to be coming up, and they didn't want to show those yet. Now in the banks, the rates are still up. I think this is a good thing when the when the screens go down at redemption center. It's telling you, wait, there's going to be changes coming to the rates.

Usually, they're increased usually. And so that's a good thing. So when I hear rates are on at the banks, but they're not on at the redemption center screens, I think, Oh, good. That shows that we're close again. Now that's the situation today so far with the redemption centers,

There have been new currencies that have been added. I mentioned on Tuesday that there is only one basket this Global Currency Reset is a once for all deal. It's not or not going to have a second or a third or fourth basket. That's old stuff that is no longer the case.

Even if it was true in the past, it's not true now  -- one basket, but they have added four or five new currencies in the last couple of days. And for example, I mentioned North Korea, South Korea, they both use, if I remember right, the North Korean Won w – o – n , South Korean Won w – o - n, now I believe you'll have a new Won for both North and South Korea when they announced some kind of a, what's it called, not a repriation , but where the two will be joined back as one country, sort of like what happened in Vietnam.

So we're going to have North and South Korea as one country, and maybe initially it'll be two current, two different currencies. I don't know, but I know they're both on n the plan is for both of them to be on the redemption center screens.

You have Syria --  President Trump dropped the sanctions against Syria two days ago, he met with the head of that country, and this is a chance for Syria to do the right thing. President Trump is giving him that and also, as a result, the Syrian currency will be revaluated, revalued. I don't have any idea what. I think it's worth about 15 cents on the dollar.

Now, I think that's what I've heard on Newsmax. So we'll see how that comes to be, what it ends up becoming. But obviously, President Trump has told these guys about economic renewal and about everything that can be happening in their country if they just decide not to be agents of terrorism, but rather an agent of peace, and that's what we're going for.

So President Trump finished up his Well, let me continue with the currency. So, so we've got currency, which is called the pound, the Syrian pound, all right, not connected to the British pound, for example, the pound sterling. You know, initially it was right now. They have their own Syrian pound.

Beyond that. We've got Myanmar, which  is known as Burma - was on this coming up with  China  and their Yuan, so I pronounce it anyway, and you've got Cambodia is in there. Nothing mentioned about Lao, but Cambodia is in let's see the two Koreas, China, Myanmar, Burma and Syria. I think those are all newest ones that have been added to the 17 or so that were already planned to be increasing in value.

So I want to put that out there for you guys to realize that, and let's see what else. So what we're hearing on bond holders  - and again they have been  pushed, just like we have -- Tthis whole thing in unravelling about a 48 hour period, Bond holders and us, platform trades, everything to be released and over about a 48 hour period, the latest information we heard, and that's one reason I was a little bit late, is that we're  -- everything is supposed to be released, and this would be our notifications and notifications to the bond holders that they have access to their funds in their accounts.

All of that is supposed to happen over the weekend with our exchanges beginning early next week. So Saturday, Sunday, we should get our notifications either Saturday or Sunday, and if, hey, if they came early enough Saturday morning, we could very well set an appointment and start on Saturday.  If that would case, we could also go through and include Sunday and right on through the rest of the month.

Now, there's no guarantee. Obviously, when we say the weekend, there's going to be Saturday, it could be on Sunday, and we're just looking at an appointment for Monday or Tuesday, very possible.

You know, early next week, very early next week, Saturday, Sunday, whatever. But everything appears to have been done, now to where we can move forward.

And I'll tell you, we had a total, a total of 61,000 IRS agents that were let go, that were let go in 30 hours. That's a very positive thing for us to move into NESARA with no income tax, no state income tax, but rather a consumption tax. We've talked about of either 14 or 15% that would be inborted, if also new, new goods ready for which means YES  a lot of things would go up 15% in price, but it'll settle itself out and allow about half revenue to go Federal Gov and half go to the state.

So we will see how they divide al that out, we'll see what happens. That's part of NESARA  - we are going to find that we're going to get more information on NESARA probably between now and July 4,

Hopefully we get it all activated, all of it out, to see how that flows. But what we're looking for is we have, supposedly now about 60% of GESARA already activated, 60% but on NESARA, only 15% so far has been put into play, 15% so we got a lot more to do.

We're still looking to receive checks this month, probably starting next week, and we're looking for an increase in Social Security for those 62 to 72 it's a really nice sum, nice large sum of an increase, and then 72 and a half, I guess you would get even a larger increase.

And I can't put those numbers out, always subject to change, but those things are good for the month of May,  now - our R and R as I have told you before  - for those of us exchanging should be at at the redemption center so that they will us how much we're getting back  - they are not going to break it down  to this and this and this --  we’ll have a lump sum that will tell us how much we’re getting back  

And you need to ask them about it  - Restitution, Reclamation allowance – what that’s going to be -  I am excited about that -  I am more excited about numbers – and once that happens  we get to set our appointments  and go for exchanges -  we are all waiting for it -  you too – Sue is also  me too – everybody is anxious right now – I am a little bit on the little edge that was a little bit on edge today, and it's excitement  - I can see the light at the end of this tunnel

looking forward to going just like you guys are  certainly looking forward to the med beds -  and certainly after that, to the re- build projects, rebuild America, rebuild international -  getting a little traveling and getting started with our concept.  I know you are too,

So we'll see how that goes. All right, so this, think we're looking at emails over the weekend to us, or whether it's beforehand, and we just do a recording with Sue Bob and I to do a celebration call. It'll be up. It'll be up as soon as we finish it. Now, let's pray to call out. Okay, and then we'll. ll have a great weekend. Hopefully we'll find those. Thanks for listening, everybody. Have a great weekend.

Bruce’s Big Call Dinar Intel Thursday Night 5-15-25 REPLAY LINK   Intel begins   1:02:30

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Bruce’s Big Call Dinar Intel Tuesday Night 5-6-25 REPLAY LINK   Intel Begins   1:01:01

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Bruce’s Big Call Dinar Intel Thursday Night 5-8-25 REPLAY LINK   Intel begins   1:02:40

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Bruce’s Big Call Dinar Intel Tuesday Night 5-6-25 REPLAY LINK   Intel Begins   1:10:30

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 Bruce’s Big Call Dinar Intel Thursday Night 5-1-25 REPLAY LINK   Intel begins   57:07

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Bruce’s Big Call Dinar Intel Tuesday Night 4-29-25 REPLAY LINK   Intel Begins   1:23:43

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Bruce’s Big Call Dinar Intel Thursday Night 4-24-25 REPLAY LINK   Intel begins   1:06:06

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Bruce’s Big Call Dinar Intel Tuesday Night 4-22-25 REPLAY LINK   Intel Begins   1:03:55

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Bruce’s Big Call Dinar Intel Friday Morning 4-19-25 REPLAY LINK   INTEL ONLY No Transcription

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Seeds of Wisdom RV and Economic Updates Friday Afternoon 5-16-25

Good Afternoon Dinar Recaps,

🏛️ US SENATE WILL PASS STABLECOIN BILL — DIGITAL CHAMBER CHIEF

The GENIUS Act's failure to move to a full vote is “a bump in the road,” and it will pass “in the next few weeks,” says Cody Carbone, CEO of the Washington, DC-based advocacy group Digital Chamber.

The stalling of key stablecoin legislation in the United States Senate was only a minor setback, and the bill is expected to pass soon, according to Cody Carbone, CEO of the Digital Chamber, a blockchain trade association and advocacy group based in Washington, DC.

Speaking to Cointelegraph at Consensus 2025, Carbone said it is in the best interest of the U.S. to enact comprehensive stablecoin regulations in order to protect U.S. dollar hegemony in global markets — a move that enjoys bipartisan appeal and support. Carbone stated:

“These things never move as quickly as we want them to move, but it's stablecoin legislation. This Congress has already moved more expeditiously than we ever could have imagined. So, yes, it's a bump in the road, but I think very, very shortly, we will have another vote.”

The Guiding and Establishing National Innovation in U.S. Stablecoins of 2025, or GENIUS Act, is seen as critical legislation for the U.S. crypto space. Many warn that failing to pass meaningful regulatory reform before the 2026 midterm elections could trigger a reversal in the current positive sentiment and cause a downturn in crypto markets.

“Negotiations have continued, and so I am still very optimistic,” Carbone added. “This bill is going to pass the Senate in the next few weeks.”

⚖️ Partisan Politics and Trump’s Involvement Blamed for Setback

The act failed a procedural vote in the Senate on May 8 after several Democratic lawmakers withdrew support, citing ethical concerns over President Donald Trump’s involvement in crypto. His ties to crypto — including memecoins, DeFi, and NFTs — were labeled as a key reason for the sudden reversal of Democratic support.

Coinbase Chief Legal Officer Paul Grewal also weighed in, saying Trump’s crypto presence complicates the regulatory process, as lawmakers remain cautious of conflicts of interest or undue influence.

In response, Republican Senator Tim Scott criticized Democratic opposition as a politically motivated move, aimed at blocking the former president from advancing digital asset initiatives under his administration.

Despite the controversy, the latest version of the bill removes any references to the Trump family, a change that could pave the way for Senate approval by the end of May, according to several industry insiders.

@ Newshounds News™
🔗  Source:  Cointelegraph

~~~~~~~~~

STABLECOINS GO MAINSTREAM: 9 IN 10 FINANCIAL INSTITUTIONS NOW IMPLEMENTING, EXECS SAY

Stablecoins have moved from experimental assets to key infrastructure in global finance, according to Fireblocks’ newly released 2025 State of Stablecoins report.

Fireblocks’ Survey: 90% of Firms Have Stablecoin Initiatives Underway

Based on a survey of 295 financial executives, the report reveals that 90% of firms are now actively implementing stablecoins, with nearly half of all 2024 transactions on Fireblocks’ platform involving stablecoin use.

Banks and payment providers are now processing over 35 million stablecoin transactions per month, a clear sign of their growing adoption.

The dominant use case? Cross-border B2B payments, especially in emerging markets where traditional rails fail due to delays and high costs.

Speed and Liquidity Are Driving Adoption
Speed has overtaken cost savings as the top benefit, with 48% citing faster settlement as the primary motivator. But more than just efficiency, revenue growth is the goal: institutions want to regain lost market share and open new financial corridors.

Meanwhile, regulatory concerns have dropped dramatically — just 20% of firms now view compliance as a barrier, down from 80% in 2023. This shift is driven by clearer global regulations and better AML tools.

Regional Trends Show Varied Priorities

• Latin America: Leading with 71% of firms using stablecoins for cross-border transactions.

• Asia: Focused on market expansion.

• North America: Lags behind with 39% adoption, but 88% of firms support upcoming regulations.

• Europe: Emphasizing security, with 37% seeking safer infrastructure despite its regulatory head start under MiCA.

Infrastructure Is Ready, But Security Still a Concern
While 86% report being technically ready, Fireblocks stresses the need for enterprise-grade scalability.
Security remains a sticking point — 36% demand stronger protections to support future growth.

Case in point: Fireblocks highlighted its partnership with Zeebu, which used stablecoins to process $5.7 billion in telecom settlements — demonstrating both scalability and real-world impact.

Conclusion: Stablecoins Are No Longer Optional
The message is clear: Stablecoins have become a strategic imperative.
From instant settlements to programmable finance, the pressure to adapt is rising. Institutions building secure and compliant infrastructure today will lead the digital finance landscape of tomorrow.

@ Newshounds News™
📎 Source:  Bitcoin News

~~~~~~~~~

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Newshound's News Telegram Room Link

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Thank you Dinar Recaps

Taboola the same on the Bottom of Posts

Economist’s “News and Views” 5-16-2025

3 HUGE Crises Hitting at Once, 'Big Problem' Ahead For Banking System: Michael Pento

Commodity Culture: 5-16-2025

Michael Pento is seeing clear signs that the US economy is facing massive danger, as crises on multiple fronts are evolving into systemic risk for the banking system and threatening to curb the Trump administration's efforts to wage a global trade war.

Michael explains why in the face of these facts, he's moved capital into the commodities sector and is relying on precious metals as a ballast in his portfolio, as he sees a clear move away from the dollar and towards gold by foreign nations.

00:00 Introduction

 00:52 US-China Tariff Deal

08:13 Fed Won't Proactively Cut Rates

10:57 Coming Real Estate Crisis

12:59 Bullish Oil & Agriculture

16:44 Effects of Trade War

20:11 Gold is Replacing the Dollar

 23:07 Silver on the Radar

 26:02 Debt and Deficits in the US

28:03 Spike in 30-Year Japanese Bonds

 29:44 Opportunity in Indian Stocks

 31:38 Global Conflict Rising

https://www.youtube.com/watch?v=7qp4qb1Jiqc

Why Lower Inflation Means More Stimulus Ahead

Heresy Financial:  5-16-2025

TIMECODES

00:00 Inflation Is Falling Faster Than Expected

00:15 April CPI Drops to 2.3%

00:34 Why Tariffs Don’t Raise Prices

01:12 The Fed’s 3 Mandates Explained

01:45 Printing vs. Withdrawing Liquidity

02:00 Could QE Be Coming Back?

02:16 The Fed’s Hidden Job: Control Long-Term Rates

 02:54 Debt Cycles and Interest Rates

03:50 Deleveraging Then and Now

04:20 Inflationary Deleveraging Strategy

04:46 Prepare for a New Macro Era

05:01 The Bond Bull Market Is Over

05:14 Why Asset Prices Will Keep Rising

 05:31 How to Apply These Ideas to Your Investing

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

WARNING: Treasury Yields Are Signaling Something Big

George Gammon:  5-15-2025

https://www.youtube.com/watch?v=6xL_dM2pm4I

Coffee with MarkZ and Mr. Cottrell. 05/16/2025

Coffee with MarkZ and Mr. Cottrell. 05/16/2025

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning- Let’s get this RV weekend started

Member: Good morning Patriots and Dinarians.

Member: Just a thought:  Tomorrows the 17th maybe we will get our notifications, but can’t go to the bank /redemption centers until Monday??

Member: did the dinar come off the exotic currency list on the 15th?

MZ: Not that I know of- but we did see a lot of rates populating yesterday ….it was a very interesting day.

MZ: No fresh bond updates since last night. But it is reassuring seeing many different bond holders saying they have now finished their final paperwork and initiated payments. Now we have to see how many start receiving it.

Member: my platform saying triggers to be paid today, i hope they are right. could this mean we reached that 30%?

MZ: I think we are at about 20%

Member: Mike Bara said things will start at any time now.

Member: I hear different exchange rates are coming up on the forex- Rumor?

Member: Any new rates for the Indonesian Rupiah?

MZ: I continue to hear about $1.47 US. I have been hearing that for a long time now, but we won’t know for certain until we get there.

Member: Nader posted the Dinar jumped to 0.0014 briefly.

MZ: Its moving in the right direction

​​Member: Well the Arab Summit starts tomorrow. Hope that brings good news for us.

Member: Iraq will look like the poor relation going to the summit with a 1310 rate on dinar. do you think that's what Iraq wants to look poor tomorrow?

Member: At this point I would be thrilled with a 1 to 1 rate

Member: imagine how much easier it would be for Iraq to purchase the 3 zero notes off the streets with a 3 dollar to 1 dinar exchange rate

Member: Trump is on his way home to see his newborn granddaughter. So will not be attending the Arab Summit in person. Maybe via a zoom call or something?????

MZ: “Baghdad summit and support for transportation and logistics projects is a strategic pillar for diversifying the national economy.”  A neat article talking about all the investments going on in Iraq and Iraq working on prosperity for its citizens. This is not a country who will keep sitting around with a 1320 value on their currency.

MZ: “Rolls Royce offers a dealership in Iraq”  first one in over 120 years there. It will be in the Erbil region. I think this is telling us they are expecting a lot of very wealthy people soon in the area.

Member: I think the Iran deal is the key to this rv going.

MZ: You could be right.

MZ: “Scientists discover $1,500,000,000,000  trillion in white gold in Oregan that could transform the car industry” This is lithium. Every time we turn around there is another discovery.

Member: WOW, everyday it's another place finding gold , lithium, everything all at once !!!

Member: I just got off the phone with a JP Morgan wealth advisor got an email to come in for a consultation. told them what I would be talking about

MZ: It seems the World Economic forum are pursuing Christine Lagarde to lead them since the departure of Klaus Swab.

Member: If the WEF was to be abolished, would anyone miss this organization? What good does the WEF do to support the world in a good way? I see no use for them.

Member: Praying this upcoming week is looking good for the RV

Member: Huge July 4th celebrations coming for the US 250 birthday. I would hope we all have exchanged by then.

Mod: Mark's next travel schedule. He leaves on May 17th (which is Mark's dad 80th B-Day) and comes back on May 21st. Zester will host the podcast when Mark is gone. Mark will pop in when he can.

Member: If the RV goes off while Mark is on vacation, hopefully he has a pre-recorded with his golden suit on

Member: Thanks Mark and Mr. C….everyone have a wonderful weekend. Safe travels Mark and enjoy your vacation Mark.

Mr. Cottrell joins the stream today. Please listen to the replay for his information and opinions.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL  TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!  FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:     https://www.youtube.com/watch?v=9WUpWMJbLRA

News, Rumors and Opinions Friday 5-16-2025

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 Thurs. 15 May 2025

Compiled Thurs. 15 May 2025 12:01 am EST by Judy Byington

What We Think We Know as of Thurs. 15 May 2025:

Wed. 14 May 2025: Operation Sandman has been ACTIVATED. Over 100 nations just began DUMPING U.S. TREASURIES in a synchronized assault to COLLAPSE the dollar and BREAK the Deepstate’s financial stranglehold. The globalist system is being hit from all sides —

Wed. 14 May 2025: President Trump and Treasury Secretary Scott Bent have launched a full-blown 90-day freeze on the IRS.

Global Currency Reset:

Wed. 14 May 2025 Stop Sale Foreign Currencies: On Tues. 13 May 2025 a memo was sent to the banks telling them that the sale of foreign currencies will stop as of 4 pm EST on Tues. 13 May and that Stop Sale will be in effect for the next 24 hours (until Wed. 14 May 2025 at 4pm EST). …TNT Call Tues. 13 May 2025

Tues. 13 May 2025: Rumor was that not only were the higher tiers exchanging in Reno, but Tier4A contacts were coming out of the woodwork—people who’ve never spoken up before—now telling us they’re about to be paid or have an appointment scheduled. This is more than “hearsay,” there is an obvious uptick in 4a appointments.

Tues. 13 May 2025 Bruce: Tier4b (us, the Internet Group) Notifications to set exchange appointments were expected on Wed. 14 May and begin appointments on Thurs. 15 May 2025.

Wed. 14 May 2025 The regime is panicking — and now we know why. On May 13, 2025, the U.S. Treasury released numbers that detonated across the global financial system like a shockwave: inflation has dropped to just 2.3%, the lowest since early 2021, and the Treasury posted a $258.4 BILLION surplus — the second-largest in American history. …WH Grampa on Telegram

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

THE QFS IS ALIVE — QUIETLY
Multiple sources confirm: the Quantum Financial System is operational behind the scenes. This surplus isn’t just cash — it’s a signal. A signal that GESARA mechanisms have activated:
• Tariff revenues are being rerouted into gold-backed QFS accounts.
• Redemption centers are live-testing now in multiple U.S. states.
• Quantum Access Cards are in final rollout, locked to biometric & retinal security.
• The IRS has lost access to key revenue pipelines. They’re being cut off from the loop.
• NDAs for debt relief recipients are being drafted.

These aren’t theories — these are movements. Verified. Quiet. Controlled.

THE FINAL COUNTDOWN HAS BEGUN GESARA is no longer a plan on paper — it’s operational. The numbers released in April and May will be used as evidence during EBS, to prove that the transition began long before the world knew it.

The gold is real. The debt is reversing. The fiat system is falling. And you — the sovereign citizen — are reclaiming what’s yours. The storm is financial, and the storm has landed. The next phase? Global communication. Mass exposure. Public activation.

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

Wed. 14 May 2025: BREAKING: THE RESET THEY WON’T ANNOUNCE! Basel III Triggered – Wells Fargo & Global Banks Prepare for Currency Reset Using XRP and Digital Control Protocols – amg-news.com – American Media Group

Wed. 14 May 2025: BOOM!!! TRUMP ERASES IRS, LAUNCHES EXTERNAL REVENUE SERVICE – AMERICANS FREED FROM INCOME TAX FOREVER! VIDEO – amg-news.com – American Media Group

Wed. 14 May 2025: THE FEDERAL RESERVE BELIEVES THEY OWN US – TIME TO AUDIT AND DESTROY THEIR MONETARY DICTATORSHIP! THEY PRINT MONEY, RIG INTEREST RATES, AND PAY ZERO TAXES – amg-news.com – American Media Group

Wed. 14 May 2025: BREAKING: Epic Boom! The National Quantum Initiative, XRP, NESARA GESARA, and QFS 3.0! [MUST WATCH] – amg-news.com – American Media Group

Wed. 14 May 2025: Global Banks prepare for currency reset using XRP and digital control protocols: https://amg-news.com/breaking-the-reset-they-wont-announce-basel-iii-triggered-wells-fargo-global-banks-prepare-for-currency-reset-using-xrp-and-digital-control-protocols/

Read full post here:  https://dinarchronicles.com/2025/05/15/restored-republic-via-a-gcr-update-as-of-may-15-2025/

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

Walkingstick  [Iraqi banking friend Aki update]  Aki will give us a list of the private banks that will collect the 3-zero notes for the CBI...these banks are going to be all over the world.  If people live in Canada...Australia...Japan...London, they will be able to turn in their currency for the currency of that region.  Not only Aki's bank but thousands of private banks around the world the CBI has contracts and agreements with to collect the 3-zeros and turn them in to the CBI.  Our American banks will open their doors to American citizens only...

Frank26  The rate out in the market, that's where they're inflated. They're around 1400 something...and they rip them off because it's [the official rate] is 1310.  The difference is the profiteering, the ripoff to the Iraqi citizens.  Why do the Iraqi citizens go to these people?  Because it's more convenient...and they don't trust the Iraqi banks.  But these exchange centers are going away...They got neutered...As this gap gets closer and closer you're going to get a 1 to 1 rate.

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

Iqd gone up on Wednesday to 0.0014 looking good

Nader:  5-16-2025

https://www.youtube.com/watch?v=9qHw2X00O4U

Seeds of Wisdom RV and Economic Updates Friday Morning 5-16-25

Good Morning Dinar Recaps,

US Federal Judge Rejects SEC and Ripple's Request for Indicative Ruling, Further Delaying Resolution

• U.S. District Court Judge Analisa Torres denied Ripple and the SEC’s joint motion for an indicative ruling on their agreement to settle the years-long legal dispute.
• Judge Torres said the request was “procedurally improper,” and the parties failed to address what was necessary to lift the original injunction against Ripple.
• Ripple CLO Stuart Alderoty said the company will revisit the case in court with the SEC.

The Southern District of New York Court dismissed the joint request from the Securities and Exchange Commission and Ripple Labs for an indicative ruling on a potential resolution in the years-long dispute between the entities.

The decision comes a week after the SEC and Ripple submitted the request after entering into a settlement agreement, where they sought an indicative ruling to lift the August 2024 injunction against Ripple and reduce the imposed penalties from $125 million to $50 million.

An indicative ruling is a statement from a district court about how it would rule on a motion if it still had jurisdiction over a case. 

According to Rule 62.1, a district court does not have real authority to grant or reject a request. As the SEC and Ripple each filed appeals to a final judgment in August 2024, their cross-appeals are still pending in a higher court, the Second Circuit.

"Accordingly, if jurisdiction were restored to this court, the court would deny the parties' motion as procedurally improper," District Judge Analisa Torres said in the Thursday order.

The judge said the parties failed to address the "heavy burden" they must overcome to vacate the injunction, adding that relief from judgment under Rule of Civil Procedure 60 should be made in "exceptional circumstances."

What’s next

The SEC and Ripple previously said that if Judge Torres made an indicative ruling to lift the injunction against Ripple, they would jointly request a limited remand from the Second Circuit. This remand would have returned the case to the district court to formally implement their mutual agreement and dismiss their cross-appeals.

Ripple's Chief Legal Officer Stuart Alderoty said on X that the company and the SEC will revisit this case in the court.
"Nothing in today's order changes Ripple's wins," Alderoty wrote.

"The meaning here is that the parties didn't request relief under the right rule of civil procedure," crypto attorney Fred Rispoli commented on X. "So they will refile it under the correct rule but, me reading between the lines, is that Ripple and the SEC need to get on all fours and beg for relief."

The SEC-Ripple case is one of the most prominent lawsuits in crypto history. It started in late 2020 when the regulatory agency sued Ripple over its sale of XRP tokens, which the regulator viewed as a violation of federal securities laws. The case attracted significant attention, centering on whether XRP, and cryptocurrencies in general, should be considered financial securities.

The dispute took a significant turn when new leadership took over the SEC under pro-crypto President Donald Trump and adopted a friendlier stance toward crypto regulation. The agency has dropped its enforcement actions against several major crypto players this year, including Coinbase and Kraken.

The price of XRP fell 6% in the past 24 hours to trade at $2.38 as of 10:10 p.m. on Thursday ET, according to The Block's XRP price page.

@ Newshounds News™
Source: The Block

~~~~~~~~~

South American Nation Could Join BRICS During 2025 Summit

• The 17th BRICS summit will take place on July 7–8, 2025, in Rio De Janeiro, Brazil.
• Colombia may become the first South American country to join the BRICS alliance.
• Brazil’s President Lula da Silva has officially proposed Colombia’s membership.
• Colombia is also seeking entry into the BRICS New Development Bank (NDB).

A leading South American country could join the BRICS alliance during the 2025 summit in July. The 17th summit is scheduled to take place in Brazil’s Rio De Janeiro on July 7 and 8, during which the 10-member bloc will meet to discuss trade policies, currency options, and new memberships. The alliance’s decisions are consensus-based, as all nations have to agree to move forward on a policy.

No South American country has been part of the BRICS alliance, and things could change after the 2025 summit. Even the 13 ‘partner countries’ are not from South America, while Cuba, the closest, is in the Caribbean. This year’s summit could see major changes in how the bloc operates and advance the de-dollarization agenda on the global stage.

BRICS: South American Nation Colombia Wants to Join BRICS After 2025 Summit

Brazil, which chairs the upcoming summit, has proposed that the South American nation of Colombia join BRICS in 2025.
"Our President Lula da Silva suggested Colombia as a new full-fledged member of BRICS. This issue was discussed by the group’s members," said Brazilian Ambassador to Russia Rodrigo de Lima Baena Soares.

He also explained that Trump’s trade wars and tariffs led to the South American country Colombia considering BRICS in 2025. “What President Trump did was throw us into an abyss of opportunity,” he said. The decision to allow Colombia into the bloc will be consensus-based at the 17th summit in July.

The South American nation Colombia has also requested to join the BRICS bank ‘New Development Bank’ after the 2025 summit. Entry into NDB will allow Colombia to see new loans outside the Western-dominated International Monetary Fund (IMF).

"We would need to talk about new loans, talks about the purchase of debt. And it’s there that great possibilities emerge with a bank like the BRICS’ new bank, on top of loans we could obtain for the issue of education or infrastructure," said Congressman Alejandro Toro.

@ Newshounds News™
Source: Watcher.Guru

~~~~~~~~~

Isaac Update 

May 15, 2025

Isaac posted in his Telegram Room Link

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps