Seeds of Wisdom RV and Economic Updates Saturday Afternoon 8-2-25
Good Afternoon Dinar Recaps
$24,000 Guaranteed Income Coming to Young Adults in Georgia Under New Pilot Program
A new guaranteed income initiative in Georgia will provide selected participants with up to $24,000 in no-strings-attached cash over four years, as part of a pilot program aimed at economic resilience and wealth-building for young adults.
The program is spearheaded by the Georgia Resilience & Opportunity (GRO) Fund, a nonprofit focused on equitable economic development.
Good Afternoon Dinar Recaps
$24,000 Guaranteed Income Coming to Young Adults in Georgia Under New Pilot Program
A new guaranteed income initiative in Georgia will provide selected participants with up to $24,000 in no-strings-attached cash over four years, as part of a pilot program aimed at economic resilience and wealth-building for young adults.
The program is spearheaded by the Georgia Resilience & Opportunity (GRO) Fund, a nonprofit focused on equitable economic development.
Program Overview
The Freedom Futures guaranteed income pilot will provide:
$500 per month for 48 months
Totaling $24,000 per participant
Funds can be used freely, with no restrictions on spending.
Eligibility Criteria
To qualify, applicants must:
Be 18 to 25 years old
Be enrolled in high school or a partner college/university
Live in a household with income at or below 200% of the federal poverty level
Additional Wealth-Building Capital Offered
In addition to monthly income, participants may qualify for an investment sum of over $20,000, designated for:
Homeownership
Entrepreneurship
Higher education
Retirement savings
This capital will be distributed beginning in year three of the program. To access these funds, recipients must complete a financial education curriculum provided by the program.
Key Dates and Application Process
Application deadline: August 27, 2025
Required documents include: proof of identity, enrollment, and household income
Notification: Applicants will be informed of selection within weeks after the deadline
First payments: Begin in September 2025
For more information and to apply, visit the Freedom Futures application portal.
@ Newshounds News™
Source: Daily Hodl
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India Leaving BRICS? U.S.-India Tensions Escalate Amid Tariffs, Oil Deals, and De-Dollarization Dispute
Speculation is mounting over whether India may exit the BRICS economic bloc amid its growing tensions with the United States. The diplomatic fallout has intensified following President Donald Trump’s imposition of sweeping tariffs on Indian goods and critical remarks from Secretary of State Marco Rubio regarding India’s continued energy partnership with Russia.
With relations between New Delhi and Washington reportedly at their lowest point since 1998, the geopolitical and economic stakes are rising fast. Key flashpoints include U.S. opposition to India’s Russian oil purchases, India’s refusal to support BRICS de-dollarization efforts, and growing speculation that India may reorient toward the West.
Trump’s Tariff Ultimatum Raises Stakes
On August 1, President Trump announced a 25% tariff on all Indian imports, citing persistent trade imbalances and India’s continued military and energy deals with Russia.
In a Truth Social post, Trump stated:
“India, Russia can take their dead economies down together.”
He went on to criticize India’s high tariffs, non-monetary trade barriers, and reliance on Russian military equipment and energy:
“India… has the most strenuous and obnoxious non-monetary Trade Barriers of any Country… they are Russia’s largest buyer of ENERGY… at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE.”
The move is widely interpreted as an economic ultimatum meant to pressure India to sever deeper ties with Moscow—and potentially push it out of BRICS.
Rubio Condemns India’s Russia Oil Purchases
U.S. Secretary of State Marco Rubio added fuel to the controversy during an interview with Fox Radio, targeting India’s continued energy imports from Russia.
Rubio stated:
“India… buys [energy] from Russia… because Russian oil is sanctioned and cheap… That, unfortunately, is helping to sustain the Russian war effort.”
He noted that India’s purchases undermine Western sanctions and prolong the Ukraine conflict, making energy policy a central issue in broader diplomatic tensions.
India Rejects BRICS Currency, Signals Western Alignment
At the recent BRICS summit in Rio de Janeiro, India officially rejected the proposed joint currency initiative intended to reduce global dependence on the U.S. dollar. The move was confirmed by Indian External Affairs Minister S. Jaishankar, and it has caused friction within the BRICS bloc.
India’s refusal comes as Prime Minister Modi pursues deeper economic ties with the U.S., including negotiations on trade agreements reportedly worth $500 billion. Analysts see this as a strategic realignment toward the West—at the expense of BRICS unity.
Diplomatic Breakdown: Worst India-U.S. Crisis in 25 Years
National security expert Derek J. Grossman called the current standoff the worst diplomatic moment in U.S.-India relations since 1998.
India’s Ministry of Commerce & Industry responded to Trump’s tariff announcement with a carefully worded statement:
“The Government will take all steps necessary to secure our national interest.”
Whether this crisis leads to India formally exiting BRICS remains uncertain, but the current trajectory suggests New Delhi is increasingly aligned with Western economic frameworks, leaving its future in BRICS in question.
@ Newshounds News™
Source: Watcher.Guru
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Thank you Dinar Recaps
Weekend Coffee with MarkZ. 08/02/2025
Weekend Coffee with MarkZ. 08/02/2025
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
The first 45 minutes is CBD Gurus. Then Mark with the latest news and rumors
Member: Welcome to the weekend and Good Morning
Weekend Coffee with MarkZ. 08/02/2025
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
The first 45 minutes is CBD Gurus. Then Mark with the latest news and rumors
Member: Welcome to the weekend and Good Morning
Member: I believe on this day in 1990- Iraq invaded Kuwait.
Member: what are you hearing on the RV side today Mark?
MZ: On the bond/reset side there is some real interesting chatter. It appears the elders are looking for a few key pieces – historic bond related artifacts……Being told there are some things the elders won’t compromise on, but being told they are trying to get those deals donea s quickly as possible so we can move forward. There are some very upbeat folks. But these are the rumors floating around.
MZ: Even though there is solid progress I do not think its happening this weekend. On the redemption center/banking side…..noone appears to be working this weekend. My banking sources are convinced nothing is happening this weekend. I hope they are wrong
MZ: “Prime Minister: Baiji will be an important oil and industrial city that represents one of the pillars of the Iraqi economy” they are currently still rebuilding their infrastructure. Part of the “White Paper” reforms so they can lift their purchasing power. This will be a big boon to their economy as they will be selling finished products ….not just oil
Member: Iraq's going to have an Oil City and a Gold City.
MZ: “Sudani denies the rumor of destruction of 62 trillion dinars- unfounded” But it would be a great thing to do just before a reset. Maybe the cat got out of the bag and they are doing damage control? If I had just destroyed 62 trillion right before a reevaluation- I would probably say the same thing.
MZ: That is just totally a guess….a gut feeling , but it makes sense. Why would you want to destroy currency? If you had to much in circulation….you would want to get rid of some of it before a revaluation. This is just a rumor….but with everything else going on – it is screaming RV to me. If this is happening…the RV is imminent.
Member: I think Iraq could still go alone and first….then other countries will RV when they are ready.
MZ: “Chinese cranes modernize Iraqi ports” Theis is part of the development road project to move goods throughout the country.
Member: What happened on Aug Ist that trump was doing other than the tariffs?
MZ: Tarriffs – money from tarrifs will probably be able to cut 20% of the federal budget deficit.
Member: I really wish we knew the real rates?
Member: It is rumored the Bolivar could be .30 cents
Member: Really praying the VND rate will be over $2!!
Member: No one knows the rates of currency, until you get to your redemption appointment.
Member: Nothing, nothing, nothing….then suddenly
Member: To whomever is in charge of the RV- Let’s get ‘er done!!!!!!
Member: Please Lord let this blessing happen this weekend or this week. Many are feeling defeated and overwhelmed
Mod: THANK YOU MATT AND LUCAS! YOUR SO MUCH FUN! EVERYONE HAVE A BLESSED WEEKEND!
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
https://rumble.com/user/theoriginalmarkz
Kick: https://kick.com/theoriginalmarkz
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
THANK YOU ALL FOR JOINING. HAVE A BLESSED WEEKEND! SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS
News, Rumors and Opinions Saturday 8-2-2025
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 Sat. 2 August 2025
Compiled Sat. 2 August 2025 12:01 am EST by Judy Byington
Judy Note: Deadlines come and go with the Global Currency Reset and people often get discouraged – but it’s only because we don’t know what’s really going on.
President Trump gave the banks until last Mon.28 July to be set up in the new system – and evidently they were in 210 countries.
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 Sat. 2 August 2025
Compiled Sat. 2 August 2025 12:01 am EST by Judy Byington
Judy Note: Deadlines come and go with the Global Currency Reset and people often get discouraged – but it’s only because we don’t know what’s really going on.
President Trump gave the banks until last Mon.28 July to be set up in the new system – and evidently they were in 210 countries.
Jennifer Fallaws said that we had new rates on the bank screens on Wednesday. Rates must be within an agreed upon range to post to public screens. If they are in range, they will post the rate changes.
Adam Stephens said, “The tariffs go into full effect at 12 midnight EST. 9pm PST on Fri. 1 Aug. Vietnam container ships have been awaiting the new tariffs and also the new currency of Vietnam in order to download on the dock.
Trump gave those countries until Fri. 1 Aug. to have their currencies revalued if they wanted to participate in trade.
If you think about it, we’re right on schedule.
Below is an update from a very valid source:
Fri. 1 Aug. 2025: CONTINUATION: THE FINAL SEVERING … on Telegram:
Meanwhile, behind the veil, the Global Currency Reset is (allegedly) being finalized. – Gold-backed currencies have been mirrored into QFS nodes – Debt instruments nullified through sovereign treaties – Hidden wealth and stolen assets seized for redistribution – Redemption centers are secured and synchronized
The transition is not coming. It has already begun.
The Global Military Alliance is not a theory. It is active. They have reclaimed the codes. They have retaken the vaults. They are preparing the world for the post-fiat reality — a system of value, truth, and natural law.
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Fri. 1 August 2025 The Quiet Reset Begins…(allegedly) Tucker Carlson
While the world scrolls, argues, and yawns through the noise of engineered headlines something massive is unfolding — in complete silence. The Revaluation (RV) of global currencies is not coming with fireworks. It will not be broadcasted by legacy media. There will be no banners, no alerts, no celebrity tweets. It will simply begin. Quietly. Precisely. Irreversibly.
Behind the distractions of global theater, the Quantum Financial System (QFS) is already breathing. It doesn’t wait for permission. It doesn’t announce itself. It verifies, records, and mirrors every movement of energy and value with a precision no man-made system could ever match.
This is not a “plan.” It is code already executed — waiting only for its moment of visible sync. And in that moment, every screen will show the same number. Every ledger will blink in unison. The old system is not collapsing. It is being bypassed.
And what of NESARA / GESARA? It will not arrive as a dramatic headline. It will emerge as a protocol, a shift, a subtle restoration of balance so undeniable — the world will feel it before it understands it. Debts dissolved. Taxes restructured. Sovereignty returned. Not promised. Not debated. Activated.
It won’t knock. It will override. There will be no press conference. Only stillness. And then movement.
Canada is already rumbling beneath the surface. Encrypted flows and mirrored accounts whisper the truth — “We’re already in it. You’re just not meant to see it yet.”
The question was never if. It was always how long can they hide it? So ask yourself: Why the silence? Why no warning? Why now?
Because this is not a show for everyone. It’s a frequency. It’s for the ones with ears to hear and eyes to see — those who never needed a stage to know the truth. Those who understood long ago that the end was never chaos — it was recalibration.
And the final phase won’t be a bang. It will be a pulse. When it happens, it will already be done. Not everything will be televised. Some revolutions happen between heartbeats.
Read full post here: https://dinarchronicles.com/2025/08/02/restored-republic-via-a-gcr-update-as-of-august-2-2025/#respond
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat ...the CBI told us...they needed STABILITY and SECURITY to make this Project to Delete the Zeros work...to control the dinar and the dollars in Iraq to the official rate as dictated by the Central Bank not the illegal markets (black market) drive the rate...Article quote: “But for now, the message from the market is clear: the dinar is no longer drifting – it’s being steered.” ...they are telling us this is now accomplished and they have stability and control.
Militia Man [I'm 100% convinced] the Iraq dinar is undervalued. Remember Iraq's currency at $3.22 20 years ago was based off oil. It's not taking into consideration...$16 trillion worth of natural resources... phosphates, sulfur, gold, all those things...All that packs in on top of the real effective exchange rate. [20 years ago] the real effective exchange rate was at [$3.22]. So it supports the fact they can support this even under the circumstances...
Frank26 I don't believe in the GCR. I can't believe in it. But something very similar to it, very equivalent to it is happening...President Trump is hammering the exchange rates around the world and molding them and reshaping them...He's reshaping the whole political structure of this plant Earth. I've never seen anything like it before...And Iraq citizens know this. They are prepared for this...
China Quietly Pushes Yuan Towards Gold Ft. London Paul - LFTV Ep 234
Kinesis Money: 8-1-2025
In this week’s Live from the Vault, Andrew Maguire welcomes Sirius Report’s London Paul to examine how BRICS nations are accelerating regional trade in local currencies, quietly anchoring the Chinese yuan to gold and driving global demand for physical gold and silver.
As the US struggles to contain this monetary shift, both experts unpack a growing Eastern-led financial realignment that threatens Western currency dominance and signals the early stages of a gold-backed settlement system designed to rival the dollar’s global role.
Timestamps:
00:00 Start
01:08 Multipolar shift speeds up; gold-backed assets impact global economy
09:06 BRICS expands cross-border trade, putting pressure on the dollar
16:10 China’s yuan strengthens its influence on global markets
23:11 Global sentiment shift towards yuan and ruble
30:17 Silver breakout signals physical market gaining control
37:51 Silver price rise driven by physical demand and weakening dollar
45:02 Growing influence of gold and silver challenges Western dominance
51:12 U.S. stablecoin strategies highlight fears of losing monetary influence
Iraq Economic News and Points To Ponder Saturday Morning 8-2-25
Gold Declines Under Pressure From The Dollar
Time: 2025/08/01 12:13:46 Reading: 330 times {Economic: Al Furat News} Gold prices are heading for their third consecutive weekly loss on Friday, pressured by a stronger dollar and declining expectations of a US interest rate cut.
While uncertainty over US tariffs on trading partners supported the yellow metal's prices,
spot gold settled at $3,288.89 per ounce by 07:33 GMT, down 1.4% so far this week.
Meanwhile, US gold futures fell 0.3% to $3,339.90 per ounce. LINK
Gold Declines Under Pressure From The Dollar
Time: 2025/08/01 12:13:46 Reading: 330 times {Economic: Al Furat News} Gold prices are heading for their third consecutive weekly loss on Friday, pressured by a stronger dollar and declining expectations of a US interest rate cut.
While uncertainty over US tariffs on trading partners supported the yellow metal's prices,
spot gold settled at $3,288.89 per ounce by 07:33 GMT, down 1.4% so far this week.
Meanwhile, US gold futures fell 0.3% to $3,339.90 per ounce. LINK
Government Advisor Denies Allegations Of 62 Trillion Dinars Lost
The Prime Minister's Financial Advisor, Mazhar Mohammed Salih, confirmed that the rumor of destroying half of the 62 trillion Iraqi dinars currency is illogical and baseless. While explaining that the Iraqi monetary system is subject to strict procedures for managing paper currency, he called on citizens to refrain from circulating fabricated news and to maintain cohesion and trust in national financial, banking and economic institutions.
Salih said: "Some social media outlets have recently circulated illogical allegations that huge sums estimated at 62 trillion dinars were destroyed due to "mice and rats." This news is completely untrue and lacks the slightest degree of credibility and economic logic."
Salih emphasized that "Iraq's issued currency does not exceed 100 trillion Iraqi dinars, which includes circulating currency and reserve currency. Therefore, claiming that more than half of the currency was destroyed due to environmental or biological factors is economically impossible and not credible in terms of the scale and institutional procedures surrounding currency management."
He explained that "official data indicate that approximately 88% of the total monetary supply is outside the banking system, hoarded by individuals, as a result of an inherited monetary culture in Iraqi society, rather than within the warehouses or vaults of a single institution, where it could be exposed to such damage."
He added that "the Iraqi monetary system is subject to strict procedures for managing paper currency, in terms of printing, storage, periodic inspection, and replacement through precise monetary and accounting mechanisms. Such large sums cannot be left vulnerable to damage without oversight or follow-up."
He pointed out that "the rumor aims to create confusion and provoke public opinion, especially among non-specialists who do not know the nature of the monetary system in our country or how it works. This is something that must be addressed with reason and wisdom.
" He called on "all citizens not to circulate such fabricated news, which represents an underestimation of people's intelligence and has no economic or realistic value. Rather, it is part of attempts to confuse public opinion at a time when greater cohesion and confidence in national financial, banking, and economic institutions are required." https://economy-news.net/content.php?id=58205
Iraq Among Three Countries With The Highest Tariffs Imposed By Trump
Economy | 08:39 - 01/08/2025 Mawazine News - Follow-up
US President Donald Trump signed an executive order on Thursday evening increasing tariffs on dozens of countries with which the United States considers its trade balance to be heavily tilted in their favor. The White House described the move as "restructuring global trade to benefit American workers."
According to a senior White House official, these tariffs will take effect on August 7, seven days later than originally scheduled.
The White House said in a statement that the new tariffs range from 10% to 41%, with the exception of Brazil, which was subject to tariffs of up to 50%.
Syria topped the list, with the highest tariffs imposed on it. These tariffs will apply to countries that have not reached bilateral trade agreements with the United States.
The tariffs on some Arab countries:
15% on Jordan;
25% on Tunisia;
30% on Algeria and Libya;
35% on Iraq; and
41% on Syria.
Countries that have concluded bilateral trade agreements with the United States will be subject to the tariffs stipulated in those agreements, but most countries have imposed customs duties of between 10 and 15%.
Tariffs on some other countries:
10% on British goods;
15% on the European Union, Japan, and South Korea;
25% on India;
30% on South Africa;
35% on Serbia;
39% on Switzerland;
40% on Laos; 50% on Brazil.
These additional tariffs have sparked widespread concern among companies exporting to the United States.
The same applies to Canada, where Trump increased tariffs on non-NAFTA products from 25% to 35%.
Several Asian countries heavily dependent on the US market have expressed relief that their exports will be subject to additional tariffs lower than those Trump intended to impose, such as Cambodia and Thailand, which reduced their tariffs from 36% to 19%.
Taiwan, meanwhile, has expressed hope for an agreement to reduce the 20% tariff imposed on its exports. https://www.mawazin.net/Details.aspx?jimare=264461
Despite Global Volatility, Iraqi Oil Continues To Rise
Economy | 11:11 - 01/08/2025 Mawazine News - Baghdad - Iraqi oil prices rose on Friday during daily trading in the global market.
According to special data, Basra Medium crude oil recorded $74.13 per barrel, while Heavy crude oil recorded $71.08 per barrel, with a change of +0.87 for both.
The data also showed global oil prices, with British Brent crude recording $71.75 per barrel, while US West Texas Intermediate crude oil recorded $69.29 per barrel, with a change of +0.03 and +0.05, respectively. https://www.mawazin.net/Details.aspx?jimare=264466
Iraq Faces A Climate Crisis That Threatens Its Economic And Social Security.
Time: 2025/08/01 17:20:24 Reading: 105 times {Local: Al Furat News} The head of the Strategic Center for Human Rights in Iraq, Fadel Al-Gharawi, confirmed that the last three years (2022-2024) witnessed unprecedented climate transformations in the country, negatively impacting the economy, agriculture, and energy sectors, and causing waves of displacement, poverty, and serious environmental degradation. He warned that the crisis is no longer merely environmental, but has turned into a direct threat to national security and societal stability.
Al-Gharawi said in a statement received by {Euphrates News} that “Iraq has become one of the countries most affected by climate change phenomena, ranking fifth globally, as temperatures in the central and southern governorates exceeded 50 degrees Celsius during the summers of 2023 and 2024, and continued in 2025, with drought rates recorded at the highest levels in decades.
He indicated that the rate of increase in temperatures reached 0.48 degrees Celsius per decade, which is nearly double the global average, which portends a permanent environmental disaster.”
He added, "The flow of the Tigris and Euphrates rivers has decreased by 30-40% compared to the normal average, causing a sharp decline in water resources, accelerating desertification rates, and increasing evaporation rates, which has had a direct impact on agricultural and food production."
He explained that "the agricultural sector was the most affected by rising temperatures and water scarcity, noting that 2022 witnessed a 37% decline in wheat production, a 30% decline in barley production, and a 50% decline in total production in some areas.
In 2023, 50% of farmers were forced to reduce cultivated areas or use less water, while 71% of agricultural land was threatened with complete drought in 2024, with more than 100,000 dunums of arable land lost annually due to desertification."
Al-Gharawi pointed out that "these climate phenomena have led to the displacement of thousands of families from the countryside to the cities, after they lost their sources of livelihood. He indicated that at least 130,000 people were internally displaced between 2022 and 2023, while approximately 40% of farmers completely abandoned their profession during 2024, and more than 80% of affected rural families became dependent on humanitarian aid or food loans."
He explained that "the livestock sector, particularly buffalo, has been severely affected, with the number of buffalo heads declining from 150,000 in 2015 to less than 65,000 in 2024. Sheep and cattle farming has also declined due to pasture deterioration and the rising cost of feed, impacting national food security."
He also noted that "heat waves and dust also impacted public health, with thousands of cases of heatstroke and respiratory illnesses recorded, while one dust storm in 2022 hospitalized more than 5,000 people in just two days."
Al-Gharawi called on the Iraqi government to "strengthen and follow up on the implementation of the 'Green Iraq Initiative' project, which includes planting 5 million trees to reduce desertification, establishing solar energy projects to generate 1 gigawatt of electricity, and improving irrigation techniques."
He called for the adoption of an urgent national climate adaptation strategy that includes comprehensive, funded water and agricultural plans, the launch of direct support programs for affected farmers through national agricultural emergency funds, an immediate shift to renewable energy to reduce reliance on conventional electricity and reduce emissions, and the rehabilitation of desertified lands through afforestation and rainwater harvesting projects.
He also stressed the need to integrate climate change into national economic policies, link it to financial planning and social services, and enhance international cooperation to provide long-term climate financing to help Iraq address this crisis. LINK
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com
Seeds of Wisdom RV and Economic Updates Saturday Morning 8-2-25
Good Morning Dinar Recaps,
SEC Chair Atkins Urges Crypto Firms to Return to the U.S. Amid Regulatory Shift
A growing number of global crypto companies are expanding or returning to the United States as the Trump administration signals a policy pivot toward digital asset growth and onshoring.
Good Morning Dinar Recaps,
SEC Chair Atkins Urges Crypto Firms to Return to the U.S. Amid Regulatory Shift
A growing number of global crypto companies are expanding or returning to the United States as the Trump administration signals a policy pivot toward digital asset growth and onshoring.
SEC Endorses ‘Reshoring’ Strategy
In a speech delivered at the America First Policy Institute, SEC Chair Paul Atkins urged the U.S. to “reshore the crypto businesses that fled,” calling for a renewed effort to bring blockchain innovation back under U.S. jurisdiction. His remarks aligned with a broader push by the Trump administration to make the U.S. a leading global hub for digital assets.
Treasury Secretary Scott Bessent echoed the sentiment, declaring that the U.S. has entered a “golden age of crypto” and encouraging entrepreneurs to “start your companies here, launch your protocols here, and hire your workers here.”
Policy Shift Spurs Return of International Firms
Backed by political support and clearer regulatory frameworks, several international firms are re-entering or expanding within the U.S. market:
Nexo (Bulgaria): Returned to the U.S. in April after a multi-year absence, citing improved regulatory clarity.
Deribit (Netherlands): Exploring a U.S. entry as of early May.
Wintermute (UK): Opened a New York office in May to increase U.S. market presence.
OKX (Seychelles): Relaunched U.S. operations in June, establishing a new headquarters in San Jose, California.
Bitmain (China): Announced plans to open its first U.S.-based ASIC production facility by 2026 and select a U.S. headquarters location by Q3 2025.
These moves come amid reports that other major ASIC manufacturers, including Canaan and MicroBT, are also shifting production to the United States.
U.S. Crypto Firms Expand Domestic Operations
Domestic firms are scaling up in response to state-level support and expanding regulatory certainty:
Kraken: Relocated its global headquarters to Cheyenne, Wyoming, in June, citing the state’s crypto-friendly policies.
MoonPay: Opened a new headquarters in New York in April and secured regulatory licenses to operate in all 50 states by June.
Conclusion
As pro-crypto reforms continue to take shape under the Trump administration, the return of global players and expansion of domestic firms suggest that the U.S. is regaining ground as a competitive destination for digital asset innovation.
@ Newshounds News™
Source: Cointelegraph
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SEC Expands Crypto Roundtables Nationwide, Begins August 4 in Berkeley
The U.S. Securities and Exchange Commission (SEC) is taking its crypto policy outreach on the road, launching a nationwide series of roundtables aimed at early-stage blockchain developers and startups. The initiative, titled “Crypto on the Road,” builds on spring engagements that began in Washington and marks a significant expansion of the SEC’s public engagement with the digital asset industry.
Targeting Startups Outside Washington
According to the SEC’s August 1 announcement, the roadshow is designed to connect with smaller crypto teams—specifically those with 10 or fewer employees and less than two years in operation. The outreach aims to offer direct access to SEC representatives for developers and founders operating outside the Beltway.
Hester Peirce, head of the SEC’s Crypto Task Force, emphasized the importance of hearing from a broad cross-section of stakeholders:
“The Crypto Task Force is acutely aware that any regulatory framework will have far-reaching effects, and we want to ensure that our outreach is as comprehensive as possible.”
How to Participate
Teams interested in participating can request a meeting slot by emailing crypto@sec.gov with the subject line “Crypto on the Road.” Applicants should include the city of interest, the names of one or two attendees, and a brief description of their project and team.
The SEC also plans to publish a list of participating projects to maintain transparency throughout the process.
Nationwide Schedule Runs Through December
The initial roadshow calendar includes ten stops across the country, running from August through December:
Berkeley, CA – August 4
Boston, MA – August 19
Dallas, TX – September 4
Chicago, IL – September 15
New York, NY – September 25
Irvine, CA – October 3
Cleveland, OH – October 24
Scottsdale, AZ – October 29
New York, NY (2nd stop) – November 12
Ann Arbor, MI – December 5
Dates are subject to change as logistics are finalized.
Building on Spring Engagements
The roadshow follows the SEC’s first Crypto Task Force roundtable, held on March 21 in Washington, D.C. That session brought together a wide spectrum of voices, from blockchain advocates to policy skeptics. The dialogue highlighted shared concerns around the lack of regulatory clarity, even as participants diverged on how best to define oversight for decentralized platforms.
Key areas of debate included:
The relevance and limitations of the Howey Test for evaluating digital assets
Whether token decentralization should exempt projects from securities classification
How regulation can encourage innovation without overreach
Following the inaugural session, the SEC hosted four additional events focusing on key regulatory issues, including the role of decentralized finance (DeFi) and consumer protection.
Seeking Ground-Level Insights
By moving discussions into key regional innovation hubs, the SEC is seeking more grounded insights from smart contract developers, tokenization teams, and early-stage consumer application builders. The insights gathered during this tour will help shape future SEC guidance and rulemaking on how digital assets and blockchain-based projects are treated under federal securities law.
@ Newshounds News™
Source: CryptoSlate
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“Tidbits From TNT” Saturday Morning 8-2-2025
TNT:
Tishwash: International oil companies return to operations in Kurdistan fields
A responsible source in the Kurdistan Regional Government revealed on Saturday that a number of international oil companies have resumed operations in the Kurdistan Region's oil fields.
The source explained that "the vital oil facilities in the Kurdistan Region were subjected to more than 22 drone attacks in various parts of the region," noting that "the investigative committee has not yet submitted its final report to Prime Minister Mohammed Shia al-Sudani."
TNT:
Tishwash: International oil companies return to operations in Kurdistan fields
A responsible source in the Kurdistan Regional Government revealed on Saturday that a number of international oil companies have resumed operations in the Kurdistan Region's oil fields.
The source explained that "the vital oil facilities in the Kurdistan Region were subjected to more than 22 drone attacks in various parts of the region," noting that "the investigative committee has not yet submitted its final report to Prime Minister Mohammed Shia al-Sudani."
He added, "The region will bear the responsibility of compensating companies for the quantities allocated for local consumption."
He continued, "The region is preparing to deliver the ready quantities of crude oil produced by foreign companies that have gradually returned to operating in the region to the State Oil Marketing Organization (SOMO) for export via the Turkish port of Ceyhan, stressing that this step reflects the regional government's commitment to a joint understanding with the federal government to regulate the export file and protect oil investments." link
Tishwash: China Petroleum Engineering wins bid for massive offshore pipeline project in Iraq
China Petroleum Engineering Corporation (CPEC), a subsidiary of the China National Petroleum Corporation (CNPC), announced it has won a bid for a major offshore pipeline project in Iraq. The project is expected to be worth approximately $2.5 billion.
This project represents an important step towards strengthening Iraq's oil export infrastructure, particularly its offshore component, which will contribute to increasing the country's capacity to pump and export crude oil.
According to economic websites, a Chinese company's winning of this massive bid confirms the growing role of Chinese companies in the global oil and energy sector, particularly in the Middle East and Iraq.
This major investment reflects China's commitment to securing and diversifying its energy sources, as Iraq is one of the world's largest oil producers and a major supplier to China.
The project is expected to contribute to the creation of significant job opportunities, both directly and indirectly, during the construction and operation phases.
This pipeline could also contribute to increasing Iraq's oil export revenues, which is vital for the country's economy, which is heavily dependent on oil revenues.
This project is another example of the growing economic cooperation between Iraq and China, which includes many sectors, particularly energy and infrastructure. link
************
Tishwash: Iraqis do not trust banks. More than 90% of the money supply is outside the banking system.
The relationship between Iraqi citizens and banks, both governmental and private, remains isolated or nearly severed, especially when it comes to depositing money with these banks. Citizens view these banks as deep wells that hide their money beneath the routine of lengthy transactions, while they see the rooms and closets of their homes as the safest places for their cash.
Citizen Wajdan Saleh is one of those people. She is afraid to deposit her money in Iraqi banks and prefers to keep it at home, citing her fear that the banks will not easily return her money if she needs it.
"I once deposited 5 million dinars in a government bank, and when I went to withdraw it after a long period of time, they asked me to follow impossible procedures that took more than a week," Wajdan told Shafaq News Agency.
Wajdan added that since then she has not deposited any money, even the remittances she receives from relatives outside Iraq, which she receives immediately upon arrival.
"The lack of trust between citizens and banks has led to citizens hoarding their money at home and not depositing it in banks, which has significantly impacted the monetary aggregate," MP Mustafa Al-Karawi asserted. He added, "The issue of developing the banking sector and merging banks has been raised repeatedly in parliament, and the primary reason behind this is the loss of confidence citizens have had in the banking system in Iraq."
Speaking to Shafaq News, Al-Karawi explained that this problem stems from long-standing issues related to weak electronic and banking accounting systems, which has made citizens reluctant to use them and prefer to withdraw their full salaries as soon as they are deposited into the card, leaving no balance.
He points out that the absence of modern banking systems has led people to refrain from depositing and saving in banks, which prompts many to hoard their money at home, which in turn leads to economic stagnation and reduces the amount of liquidity circulating in the market.
Al-Karawi calls for raising citizens' awareness and banking culture, as well as for government and commercial institutions and the private sector to adopt e-commerce transactions, as a key path to stimulating economic activity.
He concluded by saying that deposits in banks not only provide financial security for citizens, but also enable banks to provide development services such as loans and advances, which contribute to stimulating the market and achieving the desired economic growth.
Economist Dr. Ali Daadoush told Shafaq News Agency, "The phenomenon of hoarding money amounts to 92% of the monetary mass outside the banking system. It represents a fundamental challenge to the monetary and financial structure in Iraq and is one of the most prominent manifestations of the structural fragility of the monetary economy." He emphasized that "this phenomenon is complex and has behavioral, institutional, and economic dimensions."
He adds, "The culture of hoarding is not a new phenomenon. It is an extension of decades of political and economic instability, from blockades to sanctions, from a lack of security to fragile institutions. During these periods, the idea that paper money in your pocket is better than money in the bank became ingrained in the Iraqi mindset. However, this culture did not remain within the framework of individual behavior alone, but rather transformed into a general phenomenon, stifling the economic cycle and weakening the ability of banks to perform their vital functions, from financing to investment, from oversight to the activation of monetary instruments."
Daadoush points out that "the majority of those who hoard cash are individuals, particularly in small towns, rural areas, and areas not covered by banking services. This is due to a lack of trust in banks, a result of past experiences of bankruptcy, seizure, or corruption, and the absence of a culture of financial inclusion in the educational and media systems."
Daadoush points to "the difficulty of banking procedures, the lack of widespread branch presence, and the decline in digital banking services, which push people to cling to cash as an easier means of payment."
According to experts, this phenomenon has many negative aspects, including the central bank losing effective control over the money supply, and its tools, such as interest rates and rediscounting, becoming less effective. Meanwhile, banks suffer from a liquidity crunch, which weakens their ability to finance projects and pushes investors toward informal financing. Furthermore, managing inflation due to the unofficial money supply negatively impacts the central bank's decisions in achieving its primary objective of controlling the general price level and achieving stability.
Citizen Abdul Ali Alwan told Shafaq News Agency, "The procedures for opening a bank account require official identification documents and an amount not exceeding $100. This is normal, but the problem becomes more complicated if we are asked to withdraw part of the deposited amount."
He added, "Routine procedures hinder the withdrawal process and take more than a week."
Due to the instability and the closure of some private banks due to external sanctions, some people refuse to deposit money in these banks.
Contractor Abdul Zahra Fadel explains, "There are often times when there is a quick and urgent need for money, but banking procedures stand in the way. Some private banks are subject to sanctions that require them to shut down for a period of time, and then we face numerous problems."
He pointed out in an interview with Shafaq News Agency: "When a citizen opens a bank account in hard currency, the money transferred to him through the bank is not disbursed in the same currency," noting that "the money transfer is also not delivered at the parallel rate under the pretext that the account opened with the bank is in hard currency, and another account must be opened in local currency in order to withdraw the transfer."
He asserts that "banks in Baghdad adopt complex and often unreasonable procedures that place customers in prolonged suffering. This is completely different from the banks in the region, which enjoy ease and transparency in all their banking transactions."
Ultimately, the Iraqi government must improve the administrative performance of banks and increase citizen confidence in the banking system by facilitating the procedures for withdrawing and depositing funds. link
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FRANK26,,.,,8-1-25…..ALOHA THREE ZERO NOTES
KTFA
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FRANK26,,.,,8-1-25…..ALOHA THREE ZERO NOTES
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Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
De-Dollarization is Real, Brazil Just Proved it
De-Dollarization is Real, Brazil Just Proved it
Lena Petrova: 8-1-2025
Recent tensions between the United States and Brazil, marked by U.S. tariffs on Brazilian imports and visa bans on Brazilian judges, are not merely trade disputes. They are symptomatic of a deeper struggle over global financial dominance, at the heart of which lies Brazil’s innovative digital payment system, Pix.
This conflict underscores a significant geopolitical and economic shift centered around the long-standing reign of the U.S. dollar.
De-Dollarization is Real, Brazil Just Proved it
Lena Petrova: 8-1-2025
Recent tensions between the United States and Brazil, marked by U.S. tariffs on Brazilian imports and visa bans on Brazilian judges, are not merely trade disputes. They are symptomatic of a deeper struggle over global financial dominance, at the heart of which lies Brazil’s innovative digital payment system, Pix.
This conflict underscores a significant geopolitical and economic shift centered around the long-standing reign of the U.S. dollar.
Launched in 2020, Pix has rapidly transformed Brazil’s financial landscape. This government-run digital payment system offers a fast, free, and accessible platform that has reached over 76% of the population.
It has revolutionized how millions of Brazilians, particularly those previously excluded from formal banking, participate in the digital economy. Crucially, Pix bypasses the U.S. dollar as a settlement currency, allowing transactions to occur without relying on traditional U.S. financial infrastructure.
This innovation aligns perfectly with Brazilian President Lula da Silva’s broader vision of reducing dependence on the U.S. dollar, a trend reflecting the global shift towards currency multipolarity. This growing movement challenges the longstanding dominance of the dollar in global trade and finance.
Washington, however, views the ascent of Pix, and similar initiatives like BRICS Pay, as a direct threat to American economic leverage. Concerned about the implications for U.S. financial giants like Visa and Mastercard, the U.S. has responded with trade investigations and policy measures, including the imposition of tariffs and visa bans.
Yet, these retaliatory measures risk unintended consequences. By attempting to protect the status quo, the U.S. may inadvertently push Brazil and other emerging economies closer to alternative financial networks, bypassing U.S.-controlled systems like the SWIFT messaging network.
Pix’s success isn’t solely about challenging the dollar; it’s a testament to how local currency systems can drive financial inclusion and economic growth.
Rather than simply being an “anti-dollar” or “anti-American” tool, it serves as a powerful engine for domestic development.
The U.S. dollar’s long-standing dominance, built on global consent and trust, is now being questioned as countries like China, India, Russia, and Brazil actively develop new mechanisms for cross-border transactions independent of the dollar.
While a complete dethroning of the dollar will undoubtedly take time due to existing economic ties, the trend toward financial diversification is undeniable. Innovations like Pix are significant contributors to this erosion of U.S. financial hegemony, and ironically, U.S. policy responses could accelerate this very shift rather than prevent it.
The ongoing conflict surrounding Brazil’s Pix system is more than a bilateral dispute; it’s a microcosm of a larger battle over the future of global finance and geopolitical power.
It underscores how digital payment innovations in emerging economies can have profound implications beyond their borders, challenging established norms and redefining economic sovereignty in an increasingly multipolar world.
The U.S. pursuit of preserving dollar hegemony, though understandable, might ultimately serve to hasten the very transition towards a more diversified and distributed global financial system.
Fiat Currency Corrupts Society
Fiat Currency Corrupts Society
Liberty and Finance: 7-31-2025
We often discuss the economic implications of fiat currency – inflation, debt, and market fluctuations. But what if its impact runs far deeper, eroding the very fabric of society’s moral foundation?
This is the provocative argument put forth by financial analyst David Morgan in a recent discussion with Liberty and Finance. Morgan contends that the insidious nature of manipulated money extends beyond the balance sheet, subtly corrupting our collective values and diverting us from true purpose.
Fiat Currency Corrupts Society
Liberty and Finance: 7-31-2025
We often discuss the economic implications of fiat currency – inflation, debt, and market fluctuations. But what if its impact runs far deeper, eroding the very fabric of society’s moral foundation?
This is the provocative argument put forth by financial analyst David Morgan in a recent discussion with Liberty and Finance. Morgan contends that the insidious nature of manipulated money extends beyond the balance sheet, subtly corrupting our collective values and diverting us from true purpose.
Morgan’s central thesis is chillingly simple: when individuals and societies place their faith in a currency that can be arbitrarily created and devalued, rather than in enduring principles or a higher power, a profound moral distortion takes hold.
This misplaced trust in manipulated money, he argues, overshadows our understanding of value itself. Integrity, honesty, and genuine achievement are gradually overshadowed by a pursuit of superficial gain facilitated by an ever-expanding money supply.
The consequence, according to Morgan, is a society increasingly driven by consumerism and deceit.
Fiat currency, untethered from tangible assets or intrinsic worth, fosters an illusion of prosperity that encourages insatiable consumption.
This insatiable desire, in turn, can breed dishonesty, as the pursuit of more becomes paramount, often at the expense of ethical conduct.
Trust, the bedrock of any healthy society, is replaced by a system based on control and an increasingly pervasive illusion of wealth. Authenticity gives way to a culture where appearances and perceived affluence dictate status.
As society collectively accepts this “false money as truth,” Morgan warns, broader distortions inevitably emerge. These aren’t merely economic in scope; they permeate spiritual, cultural, and political landscapes.
The spiritual void created by a focus on material accumulation can lead to a loss of meaning and purpose. Culturally, a short-term, instant-gratification mindset replaces long-term planning and intergenerational responsibility. Economically, the cycle of boom and bust becomes more pronounced, enriching a few while destabilizing the many.
David Morgan’s message is not merely a critique; it’s a poignant call to action. He advocates for a fundamental shift back to the principles of sound money – currency rooted in real value and not subject to political manipulation.
More importantly, he urges a return to inner values – principles of integrity, truth, and genuine worth that transcend mere financial metrics. Only by reclaiming these foundational elements, Morgan asserts, can society truly reclaim genuine freedom, purpose, and a robust moral compass.
His insights serve as a potent reminder that the health of our financial system is inextricably linked to the health of our collective soul.
For a deeper dive into these profound assertions and to fully grasp the nuances of David Morgan’s argument, viewers are encouraged to watch the full video from Liberty and Finance.
Seeds of Wisdom RV and Economic Updates Friday Evening 8-1-25
US SEC Rolls Out ‘Project Crypto’ to Rewrite Rules for Digital Assets
In a landmark shift for U.S. financial regulation, Securities and Exchange Commission Chair Paul Atkins has launched “Project Crypto,” a forward-looking initiative designed to overhaul how digital assets are governed in America. The project follows major policy recommendations released in a recent White House report on digital finance.
Atkins said the initiative aims to modernize the SEC for 21st-century capital markets, streamline regulation for crypto innovators, and ensure the U.S. maintains global leadership in digital finance.
A Response to the White House’s Digital Finance Blueprint
US SEC Rolls Out ‘Project Crypto’ to Rewrite Rules for Digital Assets
In a landmark shift for U.S. financial regulation, Securities and Exchange Commission Chair Paul Atkins has launched “Project Crypto,” a forward-looking initiative designed to overhaul how digital assets are governed in America. The project follows major policy recommendations released in a recent White House report on digital finance.
Atkins said the initiative aims to modernize the SEC for 21st-century capital markets, streamline regulation for crypto innovators, and ensure the U.S. maintains global leadership in digital finance.
A Response to the White House’s Digital Finance Blueprint
The new initiative was formed directly in response to the Biden-era President’s Working Group report, titled “Strengthening American Leadership in Digital Financial Technology.” The report urged federal agencies to build a coherent market structure for digital assets while eliminating fragmented oversight.
Under Project Crypto, Atkins proposed:
Unified licensing rules to allow brokerages to offer multiple digital instruments under a single registration;
Regulatory grace periods for early-stage crypto startups, including ICOs and decentralized software projects, to encourage innovation without immediate legal exposure;
Legal protections for self-custody, ensuring individuals and institutions retain the right to manage digital assets without custodial intermediaries;
A clear separation between commodities and securities, aligning crypto assets more accurately with the CFTC and SEC’s respective mandates.
“Many of the Commission’s legacy rules and regulations do not make sense in the twenty-first century — let alone for on-chain markets,” Atkins wrote. “The Commission must revamp its rulebook so that regulatory moats do not hinder progress and competition.”
A Regulatory Reset: Ending ‘Enforcement-First’ Tactics
Atkins’ leadership marks a dramatic reversal of the SEC’s prior posture, which was widely criticized for regulating crypto by enforcement rather than by policy. Since his appointment, the agency has:
Ended regulation-by-enforcement as a default approach to the crypto sector;
Approved multiple crypto exchange-traded funds (ETFs);
Clarified staking income guidance, affirming that rewards earned from proof-of-stake validation do not constitute securities transactions;
Authorized in-kind redemptions for crypto ETFs, a key functionality for institutional investors managing large-scale inflows and outflows.
These reforms reflect a deeper institutional commitment to integrating crypto into the mainstream financial system, rather than pushing it to the regulatory margins.
Joint Oversight with CFTC and a Focus on Stablecoins
In line with the White House report’s recommendations, joint jurisdiction between the SEC and the Commodity Futures Trading Commission (CFTC) will now define federal oversight of the crypto sector:
The CFTC will assume primary responsibility over spot crypto markets, affirming its role as the chief regulator for crypto commodities like Bitcoin.
The SEC will focus on security tokens, tokenized investment contracts, and digital asset platforms that function more like exchanges or broker-dealers.
The report also laid out a framework for stablecoin policy, interagency coordination, and banking integration — areas that will be built out as Project Crypto progresses.
The Path Ahead: Toward American Crypto Leadership
Project Crypto signals more than regulatory reform — it marks a strategic repositioning of the United States in the global digital economy. By creating legal clarity and reducing uncertainty, the initiative is designed to attract builders, protect consumers, and ensure that digital asset innovation remains anchored on American soil.
“Outfitting the SEC for internet capital markets and onchain finance is no longer optional — it’s essential for economic competitiveness,” Atkins said.
As Washington realigns its crypto policies, Project Crypto could become a cornerstone in defining the next era of financial innovation — one that balances open markets, strong protections, and global leadership.
@ Newshounds News™
Source: Cointelegraph
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Senator Lummis Proposes Law Requiring Fannie and Freddie to Count Crypto in Mortgage Risk Evaluations
In a significant step toward integrating digital assets into U.S. housing finance, Senator Cynthia Lummis (R‑Wyo.) has introduced the 21st Century Mortgage Act, which would compel Fannie Mae and Freddie Mac to consider cryptocurrency holdings when evaluating risk in single-family mortgage applications.
The legislation follows recent action by the Federal Housing Finance Agency (FHFA), whose director Bill Pulte ordered that crypto reserves be counted as eligible assets in underwriting models. The new measure would formalize and expand that shift, positioning the U.S. mortgage industry to better reflect a digital-first financial reality.
From Cold Storage to Homeownership: A Modernization of Risk Assessment
Under current practices, government-sponsored enterprises (GSEs) like Fannie and Freddie typically assess loan risk based on traditional assets such as cash, retirement accounts, and securities. Cryptocurrency, despite being a growing source of wealth—especially among younger Americans—has largely been excluded due to volatility concerns and regulatory ambiguity.
The 21st Century Mortgage Act changes that by:
Mandating recognition of digital assets recorded on cryptographically secure ledgers;
Barring lenders from requiring borrowers to liquidate crypto holdings into fiat currency simply to qualify for consideration in mortgage risk evaluations;
Aligning GSE underwriting with financial realities in which digital savings play an increasingly central role.
Senator Lummis emphasized that this measure is a response to declining homeownership rates among younger Americans and the widespread adoption of crypto.
“Rather than punishing innovation, government agencies must evolve to meet the needs of a modern, forward‑thinking generation,” Lummis stated.
Backed by FHFA Policy and Market Momentum
The legislation would codify a recent directive by FHFA Director Bill Pulte, who in June instructed Fannie Mae and Freddie Mac to:
Treat cryptocurrency reserves as eligible assets in risk assessments for single-family loans;
Develop processes to recognize those balances without requiring conversion into U.S. dollars;
Review how broader digital asset holdings—especially Bitcoin—can be safely integrated into mortgage underwriting models.
This marks a break from legacy practices, where underwriters excluded crypto entirely, citing market unpredictability and lack of clear guidance.
Pulte’s move signals a regulatory rethinking of digital asset legitimacy, especially as the FHFA—tasked with overseeing Fannie, Freddie, and the Federal Home Loan Banks—seeks to modernize the housing finance ecosystem.
Policy Clarity Without Crypto Mortgages (Yet)
It’s important to note: the bill does not permit mortgage repayments in cryptocurrency. Instead, it allows verified crypto holdings to be counted in:
Asset verification, used to determine borrower capacity;
Risk modeling, used by GSEs to assess portfolio strength and loan eligibility.
By expanding the asset base eligible for consideration, the law aims to give crypto-native borrowers access to the same mortgage pathways as traditional savers.
A Generational Shift in Homeownership Strategy
Data from the U.S. Census Bureau shows homeownership rates for Americans under 35 at just 36.6%, even as 21% of U.S. adults report holding crypto—with two-thirds under age 45. These figures highlight a generational mismatch between how financial stability is measured and how wealth is now built.
The bill also arrives as part of a broader shift in regulatory tone under the current administration, which has begun addressing crypto policy more comprehensively—particularly in areas of banking, taxation, stablecoins, and capital markets.
Bridging Digital Assets and Traditional Finance
Senator Lummis, a long-time crypto policy advocate, is leveraging bipartisan concern over declining homeownership and outdated underwriting models to push for practical integration of digital finance into federal housing policy.
If passed, the 21st Century Mortgage Act could become a template for future crypto-inclusive reforms, enabling financial institutions to recognize digital savings without compromising risk standards or requiring unnecessary fiat conversions.
As Lummis frames it: modernization isn’t about abandoning oversight — it’s about updating the rules to reflect financial reality.
@ Newshounds News™
Source: CryptoSlate
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Coinbase Launches XRP Perpetual Futures to Expand Institutional Access
Coinbase is set to launch XRP U.S. Perpetual-Style Nano Futures on August 18, marking a significant expansion in its derivatives lineup and providing institutional investors with a capital-efficient, margin-enabled vehicle to gain exposure to one of crypto’s most liquid assets.
Announced via Coinbase Institutional on July 29, this new offering represents a regulated and long-duration alternative to traditional spot trading, enhancing access to XRP through Coinbase Derivatives LLC, a CFTC-registered designated contract market.
XRP Futures Designed for Institutional Utility and Spot-Price Alignment
The nano XRP perpetual-style contract—listed under the symbol XPP—is structured to mirror the XRP spot price through a dynamic funding rate mechanism, which credits or debits open positions based on market movements.
Each contract will represent 500 XRP, offering a 5-year, cash-settled duration, rebalancing weekly via clearing adjustments. Trading will occur from Friday evening through the following Friday afternoon, with a short weekly pause, and contracts will auto-roll through December 2030.
“The Coinbase Derivatives, LLC nano XRP Perp Style Futures Contract is a 5-year cash-settled futures contract that tracks closely to spot price by using a funding rate to debit/credit open positions via a clearing cash adjustment,” the company’s product documentation explains.
This format enables institutions to hedge XRP exposure, speculate on future price trends, or leverage margin trading strategies, all within a regulated U.S. derivatives framework.
Building on a Regulated Futures Framework
Coinbase’s August launch builds on groundwork laid earlier this year:
In April 2025, Coinbase filed with the Commodity Futures Trading Commission (CFTC) to self-certify XRP futures.
That same month, the exchange launched two monthly XRP futures products: a nano contract (500 XRP) and a larger XRL contract (10,000 XRP)—both cash-settled and monthly expiring.
The upcoming perpetual-style XRP futures mark a clear evolution from those products by eliminating expiration and extending visibility for long-term strategies.
This move aligns with Coinbase’s broader initiative to reshape U.S. market access for digital assets through regulated derivatives offerings that mirror traditional financial instruments but leverage the liquidity and innovation of crypto markets.
Why It Matters: Institutional Crypto Derivatives Come of Age
As the digital asset sector matures, demand is increasing for compliant, capital-efficient tools that offer reliable price tracking, risk management, and regulatory clarity. Coinbase’s latest XRP futures offering addresses this need, particularly at a time when:
Institutional participation in crypto is rising;
CFTC-registered exchanges are gaining favor over offshore alternatives;
And digital asset derivatives are becoming central to portfolio construction and hedging strategies.
This development further legitimizes XRP as a viable component of institutional portfolios, especially in light of growing clarity around its legal and regulatory standing in the U.S.
Outlook: Coinbase Pushes for Derivatives Dominance
With Coinbase Derivatives LLC at the helm and XRP nano perpetuals leading the charge, the exchange is cementing itself as a frontrunner in regulated crypto futures, aiming to provide U.S. investors with alternatives that are:
Lower in capital requirements than full spot holdings;
More flexible in exposure timeframes;
And compliant with evolving CFTC oversight.
This launch not only expands investor access to XRP but also signals Coinbase’s broader intent to bridge the gap between traditional finance and digital assets—one futures contract at a time.
@ Newshounds News™
Source: Bitcoin.com
~~~~~~~~~
Visa Expands Stablecoin Settlement Platform With PYUSD, USDG, EURC and Adds Stellar, Avalanche Support
Visa has announced the addition of three new stablecoins and two additional blockchains to its digital asset settlement platform, further reinforcing its commitment to a multi-chain, multi-currency future in global payments.
The move is part of a strategic collaboration with Paxos, the blockchain infrastructure provider behind PayPal’s digital asset products, and comes amid growing institutional demand for regulated stablecoins following the recent passage of the GENIUS Act in the United States.
Visa Adds PYUSD, USDG, and EURC to Stablecoin Settlement Suite
The newly supported stablecoins include:
PayPal USD (PYUSD) – a U.S. dollar-backed stablecoin issued by Paxos.
Global USD (USDG) – another USD-backed token structured for institutional settlement.
EURC – a euro-backed stablecoin issued by Circle.
These stablecoins join USDC, which Visa first integrated in 2021. With the latest additions, Visa now supports four fiat-backed stablecoins and allows settlement across 25+ fiat currencies, enabling partners to conduct multi-currency settlements with greater capital efficiency.
Stellar and Avalanche Join Ethereum and Solana on Visa’s Blockchain Roster
In addition to expanding its stablecoin lineup, Visa has also extended blockchain compatibility to include:
Stellar (XLM)
Avalanche (AVAX)
These new networks join Ethereum and Solana, which were previously integrated into Visa’s pilot and settlement infrastructure. This multi-chain expansion is part of Visa’s effort to build a scalable, flexible architecture for programmable money.
“When stablecoins are scalable, interoperable, and trusted, they can fundamentally transform how money moves globally,” said Rubail Birwadker, Visa’s Global Head of Growth Products and Partnerships.
Visa’s updated platform positions it as a neutral settlement layer for Web3 applications and enterprise payment solutions alike, offering compatibility across token types and blockchain ecosystems.
GENIUS Act Fuels Stablecoin Momentum Across Finance Sector
Visa’s latest move follows a surge of interest in stablecoins across the financial sector, spurred by the GENIUS Act, now U.S. law, which formally regulates fiat-backed digital currencies under federal banking oversight.
Since the law’s passage:
Citibank, Bank of America, and other major institutions have signaled plans to issue or custody stablecoins.
Global transaction volumes involving stablecoins have continued to rise.
Analysts project the stablecoin market will expand from $275 billion to $2 trillion by 2030.
Visa’s stablecoin expansion comes at a pivotal moment for the industry, as tokenized money begins to intersect with traditional finance on a global scale.
Strategic Positioning for the Future of Money
Visa’s continued investment in blockchain infrastructure and regulated stablecoins reflects a deliberate effort to future-proof its payment network, offering partners a toolkit that spans currencies, jurisdictions, and blockchain rails.
With support for:
4 stablecoins (USDC, PYUSD, USDG, EURC)
4 blockchains (Ethereum, Solana, Stellar, Avalanche)
…Visa is poised to serve as a critical bridge between the traditional financial system and the decentralized internet of value.
@ Newshounds News™
Source: TheCryptoBasic
~~~~~~~~~
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7 Valuable Lessons About Saving Money
7 Valuable Lessons About Saving Money
Sean Bryant GOBankingRates
Growing up with frugal parents, I was often the kid who was teased for having secondhand clothes, not going on vacations, and bringing generic-branded food to school. However, now that I am an adult, I am very thankful for the valuable lessons my parents taught me about saving.
It has shaped my views on money, spending, saving and finances in general. While many of my friends have struggled with debt or excessive consumerism, I have never had to face these issues.
7 Valuable Lessons About Saving Money
Sean Bryant GOBankingRates
Growing up with frugal parents, I was often the kid who was teased for having secondhand clothes, not going on vacations, and bringing generic-branded food to school. However, now that I am an adult, I am very thankful for the valuable lessons my parents taught me about saving.
It has shaped my views on money, spending, saving and finances in general. While many of my friends have struggled with debt or excessive consumerism, I have never had to face these issues.
Within this article, I’ll go through some of the valuable life lessons my frugal parents taught me about money.
Distinguishing Needs From Wants
Growing up with frugal parents taught me the valuable skill of distinguishing between my needs and wants. While my friends were often caught up in the latest trends and fads, my parents refused to buy every item I asked for. Instead, they emphasized the importance of prioritizing needs, like a new winter coat, over wants, like the newest toy.
This is something that I have carried through to my adulthood. Now, I try to focus on essential expenses and cut back on frivolous spending. This has helped me make informed financial decisions and avoid unnecessary debt.
How To Budget
I also learned how to budget and the importance of budgeting. I observed my parents tracking what they spent and saved as a child. They were careful not to spend more than they could afford.
If they had a goal, they saved towards it. This early exposure to budgeting taught me how to set my own clear financial goals and how to allocate resources according to those goals.
“Children in frugal households witness budgeting as a regular activity,” said Jake Claver, CEO of Syndicately. “This exposure naturally ingratiates the concept of budgeting in their daily lives.
It becomes less of a chore and more of an integral part of their financial routine. By learning to allocate resources and plan expenses from a young age, children are better equipped to manage their finances effectively as adults.”
Delayed Gratification
Delayed gratification is a lesson I was more reluctant to learn as a child but one I am now thankful for as an adult. When there was something that I wanted to buy, my parents encouraged me to wait and to think about the purchase and what it would mean in terms of longevity, monetary value, and the value I placed on the item. They then encouraged me to save my money and if I still wanted to purchase the item later, I could.
TO READ MORE: https://finance.yahoo.com/news/grew-frugal-parents-7-valuable-000019101.html