Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 7-2-25
Good Afternoon Dinar Recaps,
China Increases Quota for Foreign Investments Ahead of BRICS 2025 Summit
BEIJING – July 2025 – In a strategic economic maneuver ahead of the 17th BRICS Summit in Brazil, China has raised its foreign investment quota by $3.1 billion, signaling confidence in its domestic markets and leveraging global economic shifts to strengthen its position within the BRICS alliance.
According to the State Administration of Foreign Exchange (SAFE), the quota for Qualified Domestic Institutional Investors (QDII) has been increased from $167.8 billion to $170.9 billion, effective July 1, 2025. This move comes amid a surge of institutional capital inflows and a significant drop in the U.S. dollar’s strength.
Good Afternoon Dinar Recaps,
China Increases Quota for Foreign Investments Ahead of BRICS 2025 Summit
BEIJING – July 2025 – In a strategic economic maneuver ahead of the 17th BRICS Summit in Brazil, China has raised its foreign investment quota by $3.1 billion, signaling confidence in its domestic markets and leveraging global economic shifts to strengthen its position within the BRICS alliance.
According to the State Administration of Foreign Exchange (SAFE), the quota for Qualified Domestic Institutional Investors (QDII) has been increased from $167.8 billion to $170.9 billion, effective July 1, 2025. This move comes amid a surge of institutional capital inflows and a significant drop in the U.S. dollar’s strength.
USD Weakness Drives Global Capital Toward China
China’s quota expansion is seen as a response to growing foreign interest in Chinese assets, fueled by the U.S. dollar index (DXY) falling to its lowest level in three years. The dollar has depreciated by 10.5% year-to-date, weakening demand for traditional U.S.-based financial instruments like Treasuries and bonds.
“China is capitalizing on a historic drop in the dollar’s dominance by opening the gates to more global capital,” noted a market analyst. “This quota hike sends a signal that Beijing is prepared to lead economically within BRICS.”
Even Chinese retail investors have pivoted away from U.S. stocks in 2025, favoring regional investments instead. Capital inflows from mainland China into the Hong Kong stock exchange have reached $93 billion so far this year.
Hang Seng Index Sees 23% Surge in 2025
China's increased openness to foreign capital is bolstering the Hang Seng Index, which has already jumped 23% year-to-date. Bullish investor sentiment continues to mount, positioning China’s stock market as one of the most attractive destinations for global investors in 2025.
The quota increase is widely seen as a calculated move to secure leverage at the BRICS 2025 Summit, scheduled for July 6–7 in Rio de Janeiro. As the bloc increasingly explores de-dollarization strategies and alternative trade alliances, China’s robust financial posture could prove pivotal in shaping the summit’s economic agenda.
Strategic Timing for Global Economic Influence
By expanding the QDII quota just a week before the BRICS summit, China is strengthening its influence within the alliance and paving the way for new trade deals and partnerships. The move also enhances China’s image as a resilient, investment-friendly economy, especially amid shifting global monetary dynamics.
“China’s calculated adjustment to foreign investment policy could help it emerge as the key economic force within BRICS,” said an international finance observer.
@ Newshounds News™
Source: Watcher Guru
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SEC Approves First Spot ETF with XRP Exposure
WASHINGTON, D.C. – July 2, 2025 – In a landmark regulatory move, the U.S. Securities and Exchange Commission (SEC) has officially approved the first spot Exchange-Traded Fund (ETF) with direct exposure to XRP, the native digital asset of the Ripple network.
This decision marks a historic moment for both XRP and the broader crypto industry, opening the doors for institutional and retail investors to gain regulated exposure to XRP through traditional financial markets.
XRP Enters the ETF Era
The ETF approval is the first of its kind to offer direct access to XRP’s market performance via a spot trading product—rather than futures contracts or synthetic exposure. This regulatory greenlight signals growing confidence among U.S. regulators in digital assets as viable components of diversified investment portfolios.
“This is a pivotal step for the institutional adoption of XRP,” noted a digital asset strategist. “It brings credibility and accessibility to an asset that has long battled regulatory uncertainty.”
Mainstream Finance Embraces XRP
The move follows a wave of crypto-related ETF approvals earlier this year for Bitcoin and Ethereum. However, XRP’s inclusion in this regulatory trend is especially significant, given its history of legal battles with the SEC—a lawsuit that was partially resolved in Ripple’s favor in 2023.
Now, with a spot ETF on the table, XRP is positioned to gain broader exposure among wealth managers, hedge funds, and pension portfolios seeking compliant crypto investments.
The market implications could be substantial, as ETF inflows often act as a tailwind for underlying assets by increasing demand and liquidity.
Momentum Toward Crypto Market Maturity
The XRP ETF approval highlights the SEC’s evolving stance on digital assets, suggesting further regulatory clarity and market maturity are on the horizon. As traditional finance increasingly converges with blockchain-based assets, products like the XRP spot ETF help bridge the gap between legacy finance and Web3 innovation.
“We’re witnessing the normalization of crypto within the financial system,” said a fintech policy analyst. “XRP’s ETF listing is not just a win for Ripple—it’s a milestone for the entire asset class.”
The ETF is expected to begin trading in the coming weeks, with more details forthcoming regarding its issuer, custodial arrangements, and ticker symbol.
@ Newshounds News™
Source: KuCoin News
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Monetary Reset is 'Already Here' as GOLD Reserves EXPLODE Globally
Monetary Reset is 'Already Here' as GOLD Reserves EXPLODE Globally
VRIC Media: 7-1-2025
Mario Innecco and Taylor Kenney are seeing signs that a global monetary reset involving gold isn't some distant event on the horizon, but rather is already unfolding, as central banks continue to accumulate the metal at a breakneck speed, and the US dollar plunges into oblivion.
The duo discuss why we might need to see massive pain as the fiat experiment collapses, before we can come out on the other side with renewed hope in the form of a sound money economy.
Monetary Reset is 'Already Here' as GOLD Reserves EXPLODE Globally
VRIC Media: 7-1-2025
Mario Innecco and Taylor Kenney are seeing signs that a global monetary reset involving gold isn't some distant event on the horizon, but rather is already unfolding, as central banks continue to accumulate the metal at a breakneck speed, and the US dollar plunges into oblivion.
The duo discuss why we might need to see massive pain as the fiat experiment collapses, before we can come out on the other side with renewed hope in the form of a sound money economy.
A significant shift is underway in the global monetary landscape, with central banks around the world accumulating gold reserves at an unprecedented rate.
According to Mario Innecco and Taylor Kenney, who recently joined VRIC Media for a discussion, this trend is not just a sign of a potential future event, but rather a indication that a global monetary reset is already in progress.
The accumulation of gold reserves by central banks is a notable development, as it suggests a growing loss of confidence in fiat currencies, particularly the US dollar. As the value of the dollar continues to decline, central banks are seeking to diversify their reserves and hedge against potential economic instability.
Gold, with its historical reputation as a store of value and a safe-haven asset, is becoming an increasingly attractive option.
Innecco and Kenney argue that the current fiat currency system is unsustainable and that a collapse is inevitable. They believe that the massive accumulation of debt and the unchecked printing of money have created a fragile economic environment that is ripe for a reset.
The question is not if, but when, the system will collapse, and what will replace it.
The duo suggests that the transition to a new monetary system, one that is based on sound money and backed by gold, will not be without pain.
The collapse of the fiat experiment will likely be accompanied by significant economic disruption, including potential hyperinflation, currency devaluation, and widespread financial instability. However, they also believe that this pain is necessary for the global economy to reset and rebuild on a more stable foundation.
The rise of gold reserves is just one sign of the shifting monetary landscape.
Other indicators, such as the growth of alternative currencies and the increasing popularity of gold-backed assets, also point to a growing desire for sound money and a move away from fiat currencies.
As the global economy navigates this transition, it is essential for investors and individuals to be aware of the potential risks and opportunities. Innecco and Kenney’s discussion with VRIC Media provides valuable insights into the current state of the global monetary system and the potential implications of a reset.
By watching the full video discussion, viewers can gain a deeper understanding of the factors driving this shift and how to position themselves for the future.
In conclusion, the explosion of gold reserves globally is a significant sign that a global monetary reset is already underway.
As the fiat currency system continues to show signs of strain, central banks and investors are turning to gold as a safe-haven asset and a store of value. While the transition to a new monetary system will likely be painful, it also presents an opportunity for the global economy to reset and rebuild on a more stable foundation.
By staying informed and adapting to the changing monetary landscape, individuals and investors can navigate this transition and emerge stronger on the other side.
00:00 Introduction
00:42 War in Middle East and Precious Metals
05:49 Weakness in US Dollar
09:01 Gold and a Monetary Reset
14:19 Increased Central Bank Gold Buying
18:26 When is it Time to Sell Gold?
23:04 Collapse of the Fiat Experiment
27:45 Recent Price Action in Silver
31:11 Silver Buying in the West
Wednesday Coffee with MarkZ. 07/02/2025
Wednesday Coffee with MarkZ. 07/02/2025
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 all. Hope everyone is having a great day.
Member: Sure hope this RV thing happens soon……many of us have anticipation fatigue
Wednesday Coffee with MarkZ. 07/02/2025
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 all. Hope everyone is having a great day.
Member: Sure hope this RV thing happens soon……many of us have anticipation fatigue
Member: Hey Mark, just checking in—any update on when your contacts are expected to receive their funds? Would love to hear where things stand!
MZ: I got a message overnight form a bond holder stating his meeting went great. I asked them what did that mean- did you get money……and it went straight to voicemail. There is still one person to check in and I hope they have something positive.
Member: My thoughts are - They are on NDAs
MZ: I received a bank story. I liked it : “My husband and I have been curious if the dinar was worth anything yet….so he took one of our 25K notes to chase and talked with a teller- asking if the dinar was worth anything yet?
MZ: The teller typed on his computer and his eyes got real big. He stammered a bit and said “It isn’t on our list to exchange right now.”
MZ: I have been hearing similar things from other bank tellers. I am trying to get a screen shot of their screen….but its hard to strip out any location and protect any who shared a picture.
Member: IMO=That bank teller is about to buy a whole bunch of IQD now, lol.
Member: Wells Fargo near me is now call "Wells Fargo Wealth Management "
Member: From President Trumps Truth Social: “I just made a Trade Deal with Vietnam. Details to follow!”
Member: Really hope a RV of the VND is imminent.
Member: Trump's already said for Vietnam to do it……. fix the exchange rate
Member: Does anyone know what banks will do the exchange in Canada?
Member: guess we will know where all the banks are worldwide after the RV happens?
MZ: In Iraq “ Ports discuss with the executing companies of the great port of Faw the latest developments of the port projects” Just an update from the port of Faw assssss it connects to the development road project. They are running ahead of schedule.
MZ: “CBI announces a fall of inflation” They are doing everything they needed to do. This is the responsibility they need in order to do a revaluation.
Member: Charlie Ward says the RV is part of the Big Beautiful Bill …?
Member: Well this bill should be signed into law on July 4th or so……hope Charlie is right
Member: Hearing Friday at noon, big announcement?? We are beyond close, this GCR is right over our heads.
Member: Trump said a yr long celebration starting July 4th 2025-July 4th 2026
Member: Happy Independence this Weekend…. God bless the USA……Lets hope this is also our RV this 3 day weekend.
Member: May your lives be filled with the love of God, may He guide your way and may He show you His strength, peace, love, joy and grace, you are loved, Amen
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 Wednesday 7-2-2025
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 Wed. 2 July 2025
Compiled Wed. 2 July 2025 12:01 am EST by Judy Byington
What We Think We Know as of Wed. 3 July 2025:
Tues. 1 July 2025: Trump’s “Big, Beautiful Bill” has passed the Senate, now goes to the House for final approval and then it awaits Trump’s signature. The bill paves the way for the Restored Republic, Global Currency Reset, demise of the IRS and Federal Reserve and new fair tax system on new items bought only.
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 Wed. 2 July 2025
Compiled Wed. 2 July 2025 12:01 am EST by Judy Byington
What We Think We Know as of Wed. 3 July 2025:
Tues. 1 July 2025: Trump’s “Big, Beautiful Bill” has passed the Senate, now goes to the House for final approval and then it awaits Trump’s signature. The bill paves the way for the Restored Republic, Global Currency Reset, demise of the IRS and Federal Reserve and new fair tax system on new items bought only.
Global Currency Reset:
Tues. 1 July 2025 Bruce: (RUMORS)
Large Sovereign multi-billion $ Bonds called Super Pachelli are (allegedly) paying out today Tues. 1 July and tomorrow Wed. 2 July. The monies will be used to back up the GCR payouts.
The Iraqi Dinar has(allegedly) revalued again and the new rate is(allegedly) on the back screen of the Forex trading. On Wed. 2 July it is supposed to show on the front screen of the Foex and trading.
On Tues. 1 July 17 currencies were(allegedly) shown on the front screen of Redemption Centers, rates fluctuating in value.
The USTN (US Treasury Note) is the (allegedly) physical gold-backed US currency. The USN (US Note) is the digital gold-backed US currency.
At a Redemption Center you can(allegedly) ask for the Contract Rate of the Dinar, which is much higher than the regular rate.
Tier4b could be notified to set appointments by the weekend, but it may not be until next week Tues. or Wed. 9 July.
Yesterday the Swiss Bank did a test and was able to transfer monies to 209 countries within 7 seconds.
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Tues. 1 July 2025 MarkZ: Two bond people had exchange appointments today.
Tues. 1 July 2025 Wolverine Latest Intel: “We are here. Everything is ready to go. God bless. Wolverine”
Tues. 1 July 2025: INTEL REPORT: TIER 1–5 STRUCTURE EXPOSED – THE INVISIBLE ENGINE BEHIND THE GLOBAL CURRENCY RESET (GCR 2025) – amg-news.com – American Media Group
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Tues. 1 July 2025 FORT KNOX EXPOSED — THE AUDIT THAT NEVER HAPPENED …QFS on Telegram
Somewhere deep in the hills of Kentucky, behind 22-ton blast doors and layers of electric fencing, lies the most guarded vault in the United States: Fort Knox. Said to hold over 147 million ounces of gold—worth more than $300 billion—it remains the most iconic symbol of American wealth.
But for nearly 70 years, no one has truly seen what’s inside. No full audit. No independent verification. Just stories, old photos, and silence. In early 2025, President Trump promised to break that silence. For a moment, the world held its breath. But then, he backed down. Quietly. No audit. No explanation. Just another broken promise surrounded by classified whispers and redirected attention.
The last time anyone outside the government was allowed inside was in 1974—a small group of reporters and officials invited for a one-time “gold viewing.” No inventory, no counting, no serial numbers. Just a glance at a few open cages and then the vault was sealed again. Since then, decades of partial checks, Treasury statements, and scripted tours have replaced any attempt at true transparency.
And when Trump proposed a full-scale audit in 2025, the excitement was immediate. But just as quickly, it vanished. White House aides claimed the gold conspiracy was “debunked.” National security warnings appeared. The Treasury distanced itself. The vault remained closed.
But the pressure didn’t end there. On June 6, Representative Thomas Massie introduced the Gold Reserve Transparency Act—calling for independent audits, bar counts, and public reports. It demanded photos. Serial numbers. Yearly inspections.
But the bill was buried in committee, smothered by political silence. No audit teams were sent. No plans were released. And Fort Knox, once again, became a monument to secrets. The same question keeps returning, louder every time: Is the gold even there?
Because if it is—why not prove it? A full audit would take about a year. It would show whether bars were sold, leased, pledged, or even replaced. It would reveal if serial numbers match historic records, if purity checks out, and if the vault holds truth—or fiction. But to this day, not one administration—Republican or Democrat—has dared open the full books. That tells us something. And it’s not confidence.
In a time of inflation, digital illusions, and collapsing trust in institutions, gold is more than metal. It’s stability. It’s proof. It’s accountability. And yet, America’s most sacred vault remains sealed. Untouchable. Unverified.
That silence isn’t just suspicious. It’s corrosive. Because in 2025, when people demand answers, refusing to open the doors means only one thing: someone’s afraid of what’s behind them.
Read full post here: https://dinarchronicles.com/2025/07/02/restored-republic-via-a-gcr-update-as-of-july-2-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 When they say this is the resumption of oil, that's because there's a change in something somewhere. It definitely clears the way for the salaries that have been longing for a new exchange rate, the HCL, the retirees, the lower notes, the gazette, the budget, the contracts, everything that has been guaranteed. Everything is waiting for the new exchange rate and the evidence of it is so strong...1310 is not the future of Iraq any longer...
Sandy Ingram In June the World bank approved a $930 million loan for the Iraq railways extension and modernization project connecting Umm Qasr in the South and Mosul in the north. This investment will boost domestic trade, create jobs and reduce reliance on oil exports which is necessary for a revalue of the IQD.
How The World Is Quietly Preparing for a Gold-Backed BRICS Currency
Gold Core TV: 7-1-2025
The upcoming #BRICS summit isn’t just another diplomatic gathering. It could mark a turning point in global finance.
Behind the scenes, there are credible signals that the BRICS nations Brazil, Russia, India, China, and South Africa are laying the groundwork for a new financial system.
One that might pivot away from the #USdollar and place commodities, especially gold, at its core.
In this video, we explore why this moment is different, and what it means for the future of money, power, and trust in a rapidly fragmenting world.
We cover: Why trust in the current global financial system is fading
How sanctions and asset freezes have pushed countries to rethink reserves
The strategic role of gold in bypassing politicized financial infrastructure
BRICS settlement initiatives, currency realignment, and #gold as a neutral anchor
Record-breaking gold purchases by central banks around the world
Growing calls in Europe to repatriate sovereign gold reserves
Why retail investors are lagging behind and what they may be missing
This isn’t about short-term price action. It’s about the signals behind the surge. Gold is being redefined from hedge to foundation, from asset to anchor.
U.S. Dollar To Stay Under Pressure From Tariff, Debt And Rate Cut Expectations
U.S. Dollar To Stay Under Pressure From Tariff, Debt And Rate Cut Expectations
By Sarupya Ganguly Wed, July 2, 2025
BENGALURU (Reuters) -The U.S. dollar will remain weak over the coming months, a Reuters poll of FX analysts forecast, caught in a tangle of mounting U.S. debt concerns, erratic tariff policies and rising interest rate cut expectations.
Growing unease over President Donald Trump’s on-again off-again tariffs, and a tax-cut and spending bill that is expected to add $3.3 trillion to the national debt, have led to a scurry of investor outflows from dollar-denominated assets in recent months.
U.S. Dollar To Stay Under Pressure From Tariff, Debt And Rate Cut Expectations
By Sarupya Ganguly Wed, July 2, 2025
BENGALURU (Reuters) -The U.S. dollar will remain weak over the coming months, a Reuters poll of FX analysts forecast, caught in a tangle of mounting U.S. debt concerns, erratic tariff policies and rising interest rate cut expectations.
Growing unease over President Donald Trump’s on-again off-again tariffs, and a tax-cut and spending bill that is expected to add $3.3 trillion to the national debt, have led to a scurry of investor outflows from dollar-denominated assets in recent months.
A surge in the "term premium" - compensation investors demand to hold longer-term debt - has also contributed to a nearly 11% dollar decline against a basket of major currencies this year and to a three-and-a-half-year low against the euro and sterling last week.
Recent data from the Commodity Futures Trading Commission also showed the short-dollar trade was at a near two-year high, suggesting further weakness may be in the offing.
Asked how that positioning would change by end-July, more than 80% of FX analysts in a June 27-July 2 Reuters poll, 42 of 52, said it would broadly hold or net-shorts would increase.
A majority of these same FX analysts surveyed by Reuters in April and again in May had already concluded the reserve currency’s "safe haven" shine had partly eroded
"We are expecting a weaker U.S. dollar in the coming months," said Jennifer Lee, senior economist at BMO Capital Markets.
"The recent budget, the inflationary impact tariffs are going to have and what that means for the Federal Reserve, and the pointed comments President Trump is using against Fed Chair Jerome Powell - all of that doesn't bode well for the overall U.S. economic outlook at least over the rest of the year."
Trump has repeatedly demanded immediate and deep rate cuts. Powell, whose term ends in May 2026, reiterated on Tuesday the central bank's plan was to "wait and learn more" about the impact of tariffs on inflation before lowering interest rates.
TARIFF NEGOTIATIONS
Asked what would be the main driver for the U.S. dollar over the coming month, nearly 37% of respondents, 22 of 60, said "tariff negotiations". Attention will now turn to Trump's next move after the July 9 expiry of a 90-day pause on sweeping tariffs he announced in early April.
Eighteen respondents said "interest rate differentials", which have not been important in recent months - with the euro surging while the European Central Bank was cutting rates and the Fed on hold all year.
Thirteen said "portfolio diversification", supporting findings from a June survey where a near-90% majority of FX strategists said demand for dollar assets would decline.
Seven chose "debate over Fed independence".
TO READ MORE:
https://www.yahoo.com/finance/news/u-dollar-stay-under-pressure-114858791.html
Seeds of Wisdom RV and Economic Updates Wednesday Morning 7-2-25
Good Morning Dinar Recaps,
Ripple and OpenPayd Partner to Deliver Enterprise-Ready Stablecoin and Payment Infrastructure
LONDON, UK – July 2, 2025 – In a landmark move for blockchain and fintech integration, Ripple has announced a strategic partnership with OpenPayd, a leading provider of financial infrastructure. The collaboration aims to deliver compliant, scalable, and efficient payment solutions for enterprise clients, bridging the gap between traditional finance and blockchain.
Good Morning Dinar Recaps,
Ripple and OpenPayd Partner to Deliver Enterprise-Ready Stablecoin and Payment Infrastructure
LONDON, UK – July 2, 2025 – In a landmark move for blockchain and fintech integration, Ripple has announced a strategic partnership with OpenPayd, a leading provider of financial infrastructure. The collaboration aims to deliver compliant, scalable, and efficient payment solutions for enterprise clients, bridging the gap between traditional finance and blockchain.
Unified Payment Rail for Enterprise Clients
Through the agreement, OpenPayd’s global fiat infrastructure — including real-time payment rails, multi-currency accounts, and virtual IBANs — will support Ripple Payments in EUR and GBP. Ripple Payments, the company’s cross-border payments platform, leverages blockchain and digital assets to offer fast, transparent, and reliable international transactions.
“Ripple has long been a pioneer in blockchain-based payments,” said Iana Dimitrova, Chief Executive at OpenPayd.
“By combining Ripple Payments with OpenPayd’s rail-agnostic and interoperable fiat infrastructure, we’re delivering a unified platform that simplifies global money movement and cross-border treasury management.”
Direct Access to RLUSD Stablecoin Infrastructure
The partnership also marks a major leap for stablecoin innovation. OpenPayd will enable direct minting and burning of Ripple USD (RLUSD), Ripple’s enterprise-grade, USD-denominated stablecoin. Businesses will gain seamless access to embedded accounts, payments, trading, and fiat–stablecoin conversion — all via a single API.
“The future of global finance depends on seamless interoperability between traditional infrastructure and digital assets,” said Jack McDonald, SVP of Stablecoins at Ripple.
“Our collaboration with OpenPayd gives enterprises reliable access to RLUSD, combining the stability and compliance they expect with the blockchain connectivity they need.”
Enterprise-Scale Use Cases
This combined infrastructure supports a wide range of enterprise applications, including:
Cross-border payments
Global treasury management
Dollar liquidity access at scale
Stablecoin-powered dollar operations
As demand for real-time, compliant global infrastructure grows, the partnership aims to future-proof enterprise payment strategies.
Ripple’s Global Reach
Ripple Payments now covers 90+ payout markets, representing over 90% of global daily FX volume, with more than $70 billion processed to date. The company’s secure, regulatory-compliant infrastructure positions it as a leader in providing core digital asset services for financial institutions.
@ Newshounds News™
Source: Ripple Press Release
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Big Beautiful Bill Passes Without Crypto Tax Relief – Snorter Bot Emerges as Market Alternative
WASHINGTON, D.C. – July 2025 – In a narrow 51–50 vote, the U.S. Senate has passed the 'One Big Beautiful Act,' a sweeping budget reconciliation bill backed by President Donald Trump. While the legislation delivers major fiscal reforms, it notably excludes crypto tax relief, despite strong lobbying from digital asset advocates.
The bill now returns to the House of Representatives for a second vote before heading to the president’s desk. But for now, crypto tax reform is off the table — a setback for the growing number of Americans using digital currencies in everyday life.
Senate Rejects Key Crypto Tax Amendment
Among the most anticipated proposals was an amendment by Senator Cynthia Lummis, which aimed to exempt crypto transactions under $300 from capital gains tax, capped at $5,000 annually. The amendment received vocal support from Gemini co-founder Tyler Winklevoss and BTC Inc.’s David Bailey, but was ultimately left out of the final package.
“It’s still a major step in the right direction,” said Lummis, calling the broader bill a win for “working families across Wyoming.”
Despite this optimism, the lack of tax clarity leaves many retail investors wary, especially when using crypto for small, everyday purchases. The omission also increases the appeal of decentralized platforms that bypass centralized tax reporting requirements.
Snorter Bot Offers a Workaround: Fast, Low-Fee Solana Trading
In contrast to legislative inaction, innovation in crypto trading is advancing rapidly. A standout example is the upcoming launch of Snorter Bot, a Telegram-based trading tool built on Solana, offering sub-second trade speeds and industry-low fees of just 0.85%.
The bot is designed to help users:
Auto-snipe emerging tokens before they trend
Flag potential scams and honeypots
Execute trades faster than competitors like Maestro, Bonk Bot, and Banana Gun
Snorter Bot’s utility is powered by $SNORT, its native token. Holding $SNORT unlocks:
Reduced trading fees
Premium bot features
Staking rewards up to 236% APY
DAO voting rights for future platform upgrades
With over $1.4 million raised in presale since May 28, 2025, $SNORT is emerging as a powerful alternative for retail traders looking to stay agile amid regulatory limbo.
From Regulation Gridlock to On-Chain Agility
While the Senate’s decision may frustrate crypto enthusiasts, it underscores a growing reality: technology is evolving faster than regulation.
“As policymakers stall, Snorter could soon empower everyday users to make decentralized trades with unbeatable fees and real on-chain utility,” said a representative from the Snorter development team.
The project is also preparing to expand beyond Solana, eyeing major EVM-compatible chains to build a multi-chain, future-ready trading platform.
$SNORT is currently priced at $0.0971, with projections estimating a potential rise to $0.94 post-exchange listing — an 868% upside. However, as always in crypto: Do Your Own Research (DYOR) and never invest more than you’re prepared to lose.
@ Newshounds News™
Source: Bitcoinist
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“Tidbits From TNT” Wednesday Morning 7-2-2025
TNT:
Tishwash: Economist: Most of the money supply is outside banks for this reason
Economic researcher Diaa Abdul Karim believes that most of the money supply is now outside banks due to citizens' loss of confidence in the Iraqi banking system.
Abdul Karim told Al-Maalouma, “There is a lack of confidence among citizens in the existing banking system, due to fears of sanctions, bank robberies, or a collapse of the political system, which would have repercussions for the banks.”
He added, "This fear is leading citizens to turn away from banks, with most of the cash stock now stored in homes. The banking system is supposed to work to withdraw this cash and transfer it to electronic and credit cards, so that spending shifts to cards instead of cash."
TNT:
Tishwash: Economist: Most of the money supply is outside banks for this reason
Economic researcher Diaa Abdul Karim believes that most of the money supply is now outside banks due to citizens' loss of confidence in the Iraqi banking system.
Abdul Karim told Al-Maalouma, “There is a lack of confidence among citizens in the existing banking system, due to fears of sanctions, bank robberies, or a collapse of the political system, which would have repercussions for the banks.”
He added, "This fear is leading citizens to turn away from banks, with most of the cash stock now stored in homes. The banking system is supposed to work to withdraw this cash and transfer it to electronic and credit cards, so that spending shifts to cards instead of cash."
He explained that "the size of the monetary mass outside banks is estimated at more than 70 trillion dinars, and that the government's measures, although an attempt to withdraw the monetary mass, will not push citizens toward strengthening their confidence in the banking system." link
Tishwash: After failing to reach an agreement with Baghdad, a key government meeting was held in Erbil.
The Kurdistan Regional Government will hold a session tomorrow, Wednesday, to discuss the May and June salaries, while the re-export of the region's oil will be another topic of discussion.
According to information available to Al-Masry, the Kurdistan Regional Government's Council of Ministers will hold a session tomorrow to discuss the results of the region's delegation's meetings with the federal government.
The Kurdistan delegation's meetings in Baghdad over the past few days have yielded no results, despite assurances from MPs and political sources that an agreement is close to being reached on salaries and the resumption of the region's oil exports.
According to sources, the federal government is expected to send May salaries until Erbil and Baghdad reach an agreement on oil exports and the release of half of the region's oil revenues. link
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Tishwash: Al-Nusairi: The Central Bank is making fruitful efforts in the first half of 2025 to achieve the comprehensive banking reform project.
Economic and banking advisor Samir Al-Nusairi affirmed on Wednesday that the Central Bank's measures and efforts during the first half of 2025 were fruitful in implementing the objectives of the comprehensive banking reform project, in cooperation with the government and international consulting and auditing firms, particularly Oliver & Wyman, and the goals and initiatives of its third strategy for 2024-2026.
Al-Nusairi spoke about the challenges facing the Iraqi economy and the opportunities for reforming the banking sector within the government's framework, as well as the prospects of the Central Bank's future vision for the role of the banking sector in sustainable development. He also spoke about the efforts currently being made to activate and revolutionize productive economic sectors other than oil, to diversify sources of national income and achieve financial sustainability, and the role of the Central Bank in regulating foreign trade financing.
Completing infrastructure projects to achieve comprehensive digital transformation and expanding the use of electronic payment tools to achieve financial inclusion.
Al-Nusairi explained that opportunities for reforming and developing the banking sector in 2025 are based on the following objectives:
First: Developing the Iraqi banking system and its compliance with international banking and accounting standards.
Second: Enhancing citizens' confidence in the banking sector locally, and internationally recognizing its transparency, progress, and strict adherence to international standards, and gaining the trust of reputable correspondent banks to deal with it.
Third: Transforming banks to their primary function, which is financing and bank lending for development. Strengthening financial inclusion and increasing its current rate as planned.
Fourth: Banks that do not provide loans and banking facilities that contribute to development, as they are the lever of sustainable development, lose their meaning as banks, which requires a specific position from the Central Bank in 2025.
Fifth: Strengthening procedures and decisions to transition from a cash economy to a digital economy and withdrawing funds outside the banking cycle and bringing them into the banking system.
He pointed out that all the above objectives, although the period specified for their implementation according to the banking reform project and the Central Bank strategy ranges between (1-4 years), what was achieved in 2023 and 2024 until 6/30/2025 constitutes ambitious percentages as announced, which led to the evaluation and classification of banks based on their achievement of the planned objectives.
There are banks moving towards the required development and banks that still need an additional period of time to achieve the objectives, and there are troubled banks that are now making exceptional efforts from the Central Bank and the administrations of these banks to rehabilitate them. link
Mot: Ya Gots to Love Da Farmers OUt There!!!!
Mot: Yeppers!!! -- Every Now and Then Ya Gots to ~~~~~
MilitiaMan and Crew: Iraq Dinar- Oil & Salary file-Electronic Payments-Reduce note count
MilitiaMan and Crew: Iraq Dinar- Oil & Salary file-Electronic Payments-Reduce note count
7-1-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
BREAKTHROUGH IN IRAQ: Oil and Salary Agreements Between Baghdad and Kurdistan
In today's video, we delve into a significant development in Iraq's economic landscape as Baghdad and the Kurdistan region reach a breakthrough on the pressing oil and regional salary issues.
MilitiaMan and Crew: Iraq Dinar- Oil & Salary file-Electronic Payments-Reduce note count
7-1-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
BREAKTHROUGH IN IRAQ: Oil and Salary Agreements Between Baghdad and Kurdistan
In today's video, we delve into a significant development in Iraq's economic landscape as Baghdad and the Kurdistan region reach a breakthrough on the pressing oil and regional salary issues.
This landmark agreement marks a turning point in the relationship between the central government and the Kurdistan Regional Government, paving the way for greater financial stability and cooperation.
Adoption of Electronic Payments We explore the new move towards electronic payments aimed at reducing cash transactions. This shift not only modernizes the payment system but also enhances transparency and efficiency in financial dealings.
Comprehensive Banking Reforms Additionally, we discuss the comprehensive banking reforms being implemented, which signal potential changes in Iraq's currency, including revaluation and or a redenomination. These reforms reflect Iraq's commitment to strengthening its economy and improving the financial well-being of its citizens.
Join us as we analyze the implications of these developments for Iraq's economy, its citizens, and the broader Middle Eastern region.
Join us for an insightful discussion and expert analysis on these pressing issues.
Woman Swindled Out Of Thousands Of Dollars In Airline Scam
Woman Swindled Out Of Thousands Of Dollars In Airline Scam
Unfortunately, these cons are common
Tamara Gane Updated Sun, June 22, 2025
Family vacations are exciting, but they can also present an opportunity for scam artists. Just ask a mom named Haylee who booked 11 flights on American Airlines for an upcoming cruise.
She explained in a recent TikTok video that both her daughter and niece are on the autism spectrum. She called the airline to check to see if accommodations like early boarding were available to make their travel day easier.
Woman Swindled Out Of Thousands Of Dollars In Airline Scam
Unfortunately, these cons are common
Tamara Gane Updated Sun, June 22, 2025
Family vacations are exciting, but they can also present an opportunity for scam artists. Just ask a mom named Haylee who booked 11 flights on American Airlines for an upcoming cruise.
She explained in a recent TikTok video that both her daughter and niece are on the autism spectrum. She called the airline to check to see if accommodations like early boarding were available to make their travel day easier.
A Call Gone Wrong
Haylee looked up the number for American Airlines. At least, that was her intention. In the video, she said, “I guess I must’ve not clicked the number because it rerouted the page."
Unaware that anything was amiss, she clicked the first number. A male voice answered the phone, asking for the flight confirmation numbers for the family’s upcoming trip.
An Offer That Seemed Too Good To Be True
Once he had the confirmation numbers, he was able to look up the flight information. He read it back to them, along with the last four digits of the two credit cards used to book the flights. This assured Haylee he was legit but unfortunately, this information is accessible to anyone with a person’s last name and confirmation number.
The man told Haylee he could give her a discount of $150 per ticket, priority boarding, and seats in the front of the plane. But there was a catch. According to Haylee, he said:
“I have to refund both of the cards, which could take 7-20 business days.
After he claimed to have processed the refund on the two cards, he informed her that he would put the flight on a single card. The new total would be $5,250, a $1,600 discount off the original flight cost.
A Suspicious Email
Haylee provided the man with some additional information, including her credit card number. He charged the card and sent her a confirmation email.
This is when Haylee realized something was wrong. The email said it was from “flight trip.” She thought she’d called American Airlines, so this didn’t make sense.
She quickly opened her American Airlines app. Her original flights were there. No changes had been made. At that point, Haylee realized she’d been scammed.
She immediately locked her credit cards and disputed the charge with her company.
How To Avoid Falling For A Similar Scam
Unfortunately, this is a common con. So common that the Federal Trade Commission (FTC) has an entire page devoted to scammers impersonating airline representatives. This is how they suggest you keep your personal information and your credit card numbers safe:
TO READ MORE: https://www.yahoo.com/creators/lifestyle/story/woman-swindled-out-of-thousands-of-dollars-in-airline-scam-022249321.html
Hawaii Store Owner Duped By Fake $100 Made With Real $1 Bill
Hawaii Store Owner Duped By Fake $100 Made With Real $1 Bill — how to spot forgeries linked to this technique
Christy Bieber Tue, July 1, 2025 Moneywise
Kevin Costello, owner of Siam Imports, had a bad experience recently receiving payment with cash. A customer came into his store and paid with a fake $100 bill, but it turned out that the bill was actually a legitimate bill made into a counterfeit — and he failed to catch it.
"I had a couple other girls in here at the same time, so I didn’t really closely look at the $100, which if I would have did that I could [have] probably prevented it,” Costello said. One reason he didn't identify the issue on the spot: The counterfeit $100 was made using a clever technique thieves are favoring recently.
Hawaii Store Owner Duped By Fake $100 Made With Real $1 Bill — how to spot forgeries linked to this technique
Christy Bieber Tue, July 1, 2025 Moneywise
Kevin Costello, owner of Siam Imports, had a bad experience recently receiving payment with cash. A customer came into his store and paid with a fake $100 bill, but it turned out that the bill was actually a legitimate bill made into a counterfeit — and he failed to catch it.
"I had a couple other girls in here at the same time, so I didn’t really closely look at the $100, which if I would have did that I could [have] probably prevented it,” Costello said. One reason he didn't identify the issue on the spot: The counterfeit $100 was made using a clever technique thieves are favoring recently.
Unfortunately, Costello isn't the only one to receive payment with phony money, as counterfeiting cases are on the rise in Hawaii, where he owns his business. Fake bills can cost business owners a lot of money, so it's important to understand the dangers of this crime as well as how to identify fake bills — even if the counterfeiting is done well
Bleached Money On The Rise In Hawaii
According to Honolulu police, counterfeiting and forgery rose 16.5% in the past year.
While this counterfeiting can take on different forms, one popular method — and the one that applied to the bill Costello collected — involves taking $1 bills, bleaching them and reprinting them to look like real $100 bills.
"We’re seeing more and more of these bleaching of dollar bills and then they’re being printed with 50 or 100 on them,” Tina Yamaki, president of Retail Merchants of Hawaii, said.
One reason this approach is becoming common is that it can be really hard to detect. “It still feels kind of like a paper bill because you’re still using the same, you know, paper. It’s like if you throw money through the wash. Right? It still feels like a bill, but we’re seeing a lot more people now holding it up to the light, finding out that the [counterfeit detection] pens don’t always work,” Yamaki said.
It's not just Hawaii where there is a concern. According to the Federal Reserve, around one in 40,000 bills is counterfeit, with high-denomination ($50 and $100) bills accounting for most of the fake money
While this is a significant decline in counterfeit funds since 2006, when around one in 10,000 notes was thought to be fraudulent, this still means that as much as $30 million in fraudulent money is cycling through the economy.
How To Spot Fake Money
Costello feels that his mistake in accepting the fake $100 was driven by the fact that he simply didn't take the time to look carefully enough at the bill. "Take the extra couple seconds, actually, all it would’ve took,” Costello said.
TO READ MORE: https://www.yahoo.com/news/hawaii-store-owner-duped-fake-113100847.html
FRANK26….7-1-25……..AUDIT?
KTFA
Tuesday Night Conference Call
FRANK26….7-1-25……..AUDIT?
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
KTFA
Tuesday Night Conference Call
FRANK26….7-1-25……..AUDIT?
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE=IMPLEMENTATION