News, Rumors and Opinions Wednesday 9-3-2025

KTFA:

Clare:  Withdraw leave

September 03, 2025

The Central Bank of Iraq decided to withdraw the license of Al-Balsam Company for brokering the sale and purchase of foreign currencies due to its violation of the controls regulating the work of exchange companies and brokering the sale and purchase of foreign currencies No. (1) of 2022. For more, click here.

https://cbi.iq/news/view/2974

Clare:  The Central Bank launches new services via electronic wallets.

The Central Bank of Iraq announces the launch of reciprocal money transfer services via e-wallets, enabling individuals and business owners to conduct their financial transactions with greater speed and flexibility.

These services include:

Exchange money transfers between validated, permanent wallets of various service providers.

Reciprocal money transfers from permanent verified wallets to merchant wallets of various providers during purchases.

The launch of this step represents a qualitative shift in the path to enhancing financial inclusion, supporting digital transformation efforts, facilitating the movement of funds, supporting the business sector, and expanding the use of financial technologies in Iraq.

Central Bank of Iraq 
Media Office 
September 3, 2025

https://cbi.iq/news/view/2972

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

Clare:  Economist: Iraq enjoys financial stability thanks to the Central Bank's reserves.

9/3/2025 - Baghdad 

Economic advisor, Mazhar Mohammed Saleh, confirmed on Wednesday that financial stability in Iraq is solid, and no worrying indicators have emerged so far, despite the external challenges and geopolitical shocks witnessed worldwide.

Saleh said, "Financial concerns are mainly due to the repercussions of external shocks such as trade wars and fluctuations in energy prices, but Iraq has proven its resilience thanks to the Central Bank's foreign currency reserves."

He added, "Monetary policy plays a pivotal role in stimulating the domestic financing market and supporting public liquidity, ensuring the implementation of government development programs and infrastructure projects, which is directly reflected in stimulating the labor market and enhancing economic activity."

He pointed out that "the strong coordination between fiscal and monetary policies dispels any fears of recession and even enhances the sustainability of economic stability, in light of low inflation and unemployment rates, high growth rates, and the launch of the social market strategy that balances protecting livelihoods and supporting investment and reconstruction."   LINK

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

Frank26  Everything will come together at the same time as one.  It's not going to be, here's the lower notes and a few days later here's the new exchange rate.  The salaries...are in position to be paid with a new exchange rate.  The system to pay is set, ready to go.  This is good.  Another thing that waits for the new exchange rate...

Militia Man  They talk about a managed float.  One of the things about a managed float is they'e going to be able to defend their currency.  I've been saying this for years, it makes more sense for them to have a managed float because then the central bank can work in conjunction with other entities and intervene in the market. In other words, they can control inflation - They can buy in currency or sell currency to maintain a stable exchange rate.

Yada  Reading the articles, Im of the mind this could have been released this past Friday but for the holiday weekend, the banks are wanting to start without stopping. Money is moving, and we will be jumping on with the train moving…Question:  Are we still in the window…By the 2nd or 3rd?  Yada:  I can see it…

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

Bond Yields Surge as Global Confidence Breaks Down | LIVE Q&A with Lynette Zang

9-2-2025

Have you lost trust in the system? You’re not alone.

Global confidence is collapsing, and bond yields are surging to crisis levels. This isn’t just a market headline; it’s a direct threat to your savings, retirement, and future.

In this live, we’ll reveal what’s breaking down, why it matters, and where safety still exists — like gold and silver.

https://www.youtube.com/watch?v=fCVSgoh7F9A

Coffee with MarkZ, joined by Andy Schectman. 09/03/2025

Coffee with MarkZ, joined by Andy Schectman. 09/03/2025

Some highlights by PDK-Not verbatim

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

Member: Good morning Mark, mods and everyone else!

Member: Wishful Wednesday RV!

Member: Please Mark give us some positive news

MZ: On the bond side it is still eerily, spooky quiet.

Member: Mark, are we still having high expectations for the first of this month?

Member: Mark …again what does seem to be the hold up?????

Member: Silver is 41.90 whoop whoop

Member: Sudani website down all day! Now we know why!!!! This is big!!! Boom… impeach Sudani over budget and final accounts?? Reset?

MZ: Sudani has not been impeached…..Was told the ones in Parliament trying to impeach him have very strong Iranian ties.

MZ: Thanks to those who sent me this one “ VELO preparing to launch stablecoins pegged to THB, VND, PHP and IDR” Most stable coins are pegged to the US but Asia is pegging theirs to local economies. This is a parallel to CBDC’s. It is not a central bank thing. They want to create a economy that doesn’t use any central bank.

MZ: This is an interesting one. “Al Sudani secretly meets with Washington officials in Muscat to resolve sensitive files including PMF” (Popular Mobilization Forces)

MZ: There is a tremendous amount of rumors running around in certain circles that some high level meetings have been going on and we are about to see them strike Iranian forces in Iraq. They are targeting targets of Iranian influence. To me we may be on the verge of the last big “clean up” so they can change their value.  

MZ: “ Ports announce customs revenue amounting to more than 11 billion dinars in two days” We have been told they were going to secure their financial borders. These revenues used to go to corrupt people…now its going to the government and people of Iraq.

MZ: “Government Advisor: Iraq has achieved remarkable success in recovery operations from abroad”  they are getting some of their assets back.

Member: With elections in Nov. for Iraq, Sudani is running out of time to fulfill his promises to his people and the world.

Member: Maybe Vietnam/Indonesia/Zim etc all go first if Iraq can't get their shyt together?

Member: Well Vietnam just sent 1000 dong to each citizen,…worth about $3.80 in USD…..sheesh

Member: The $3.75 the Vietnamese are getting will be worth a hell of a lot more once they revalue so the citizens in Vietnam will just hold onto the Currency until the reevaluation

MZ: “US tariffs top $31 billion in August. A new record high” That is almost half of the interest payments we have to pay each year. If this keeps up- we are well on our way to a balanced budget.

 Member: When the RV happens any idea of how soon we will get the 800#'s to set up an appointment?

Member: It is supposed to happen close to the same time.

Member: This whole currency revaluation thing is exciting and lots of fun, for sure; especially when it's done. But I'm really looking forward to a true taste of freedom! Freedom as God intended.

Member: Praying God lets whoever is holding things up with the reset to release it……Let the people go!!!

MZ: I think we are watching the trigger being pulled as we speak.

Andy Schectman from Miles Franklin joins the stream today. Please listen to the replay for his information and opinions

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

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

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

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

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

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

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

Youtube:     https://www.youtube.com/watch?v=ax1qB8FXGoI

Ariel: A Tipping Point for Civilization

Ariel: A Tipping Point for Civilization

9-2-2025

Prolotario’s Thoughts On Current Events: Where We Are And Where We Are Going

Opinion: The Great Unraveling A Tipping Point for Civilization

Iraq’s recent strides toward WTO accession, as @majeed66224499 on X highlighted, signal a seismic shift. Their banking reforms digital payment mandates, salary localizations are no mere upgrades; they’re the scaffolding for a dinar poised to soar, potentially from 1,300 IQD/USD to 1:1 or higher.

This isn’t just economics my people; it’s a declaration of sovereignty, breaking the chains of petrodollar hegemony. When Iraq’s $150 billion in reserves back a revalued dinar, as @KuwlShow’s posts suggest, it could unleash trillions in global liquidity, leveling the playing field for nations suffocated by Western banking cartels.

This RV isn’t isolated it’s a domino in a global cascade. Nations like Vietnam, Zimbabwe, and Indonesia are whispered to be aligning their currencies, untethering from fiat manipulation.

 The DS thrives on controlling money supply, inflating debt to enslave populations. A revalued dinar, paired with XRP’s lightning-fast transactions as @JoelKatz has championed, bypasses their chokeholds. Ripple’s tech, already piloted by Iraq’s Central Bank, slashes cross-border costs from 7% to under 1%, making every transaction a m***********r to SWIFT’s gatekeepers. And this isn’t just financial reform; it’s a guillotine for the Cabal’s economic stranglehold.

 Imagine: a world where currencies reflect real wealth oil, gold, labor not the whims of unelected central bankers. That’s the freedom we’re clawing toward. It took a while for us to get here. So we do not need to rush towards this. Because it’s already set in stone.

[…]

Currency revaluation is the economic spearhead. Iraq’s digital payment push, as @majeed66224499 detailed, isn’t just modernization; it’s a firewall against DS money laundering.

The CBI’s ISO 20022 compliance, paired with XRP, ensures every transaction is traceable, starving illicit networks. Globally, this ripples: a revalued dinar could trigger a gold-backed BRICS currency, as Russia and China proposed in July 2025 at Kazan.

This isn’t just finance; it’s a n*************r not the Cabal’s, but one where nations control their destiny. For American IQD holders, this is euphoria: a $1,000 stack at 1:1 becomes $1 million; at 3:1, it’s $3 million.

[…]

[…] @JoelKatz’s X insights on XRP’s role are prescient: “It’s the bridge to a new financial paradigm.” This isn’t hype; it’s math trillions in revalued assets, billions in new trade deals.

[…]

[…] @KuwlShow’s right: “Iraq’s reforms are done; the RV’s coming.” @JoelKatz sees XRP as the bridge; @majeed66224499 confirms CBI’s readiness. This isn’t a dream; it’s a blueprint. The Deepstate’s done. Freedom’s here. And the stars? They’re closer than you think.

[…]

Over the next five to ten years, the global landscape will undergo a transformation so profound it will feel like stepping into a high sci-fi saga, driven by currency revaluation (RV), dividend checks, AI, Sovereign Wealth Funds (SWFs), zero-point energy, and declassified technologies.

Iraq’s dinar revaluation, projected to hit 1:1 or even 3:1 against the USD by 2027, will unleash trillions in liquidity, as the Central Bank of Iraq’s $150 billion reserves back a currency now integrated into Forex markets via WTO compliance and XRP-paired transactions.

 This economic surge will fund SWFs, like a proposed $500 billion Iraqi Prosperity Fund, distributing monthly dividend checks of $1,000-$3,000 to citizens, mirroring Alaska’s Permanent Fund but on a scale that obliterates poverty and fuels infrastructure think gleaming maglev trains crisscrossing Baghdad by 2030.

 AI, integrated into governance through platforms like xAI’s neural networks, will optimize resource allocation, slashing c********n (previously 30% of Iraq’s GDP) by enforcing transparent blockchain ledgers for every transaction. […]

[…]

This transformation culminates in a unified humanity, where the impossible becomes reality by 2035. Currency revaluation will have stabilized economies, with Iraq’s dinar sparking a BRICS gold-backed currency (launched Kazan, 2027), forcing Western banks to concede power. Dividend checks will empower individuals to pursue passions, spawning a renaissance of art and innovation AI-generated symphonies and zero-point-powered studios in every city. […]

[…]

Consider the economic undercurrents fueling this fight, which tie directly to the global currency revaluation (RV) and the liberation agenda. […] A revalued Iraqi dinar, potentially hitting 1:1 USD by 2026/2027, threatens this racket by flooding global markets with liquidity, as Iraq’s $150 billion reserves empower sovereign wealth funds to redistribute wealth via dividend checks of $3,000-$5,000 to eventually 10,000 from what I heard monthly to citizens. This economic reset, as @majeed66224499 highlighted, “ends the DS grip on dirty money flows.”

(Note: “[…]” is content not included in this post. Only RV/GCR-related content is included. You can read the full article below. ~ Dinar Chronicles)

Read Full Article:  https://www.patreon.com/posts/prolotarios-on-137993707

https://dinarchronicles.com/2025/09/02/ariel-prolotario1-a-tipping-point-for-civilization/

Iraq Economic News and Points To Ponder Wednesday Morning 9-3-25

Iraq Maintains Global Ranking In Gold Reserves
 
 Iraq Amr Salem September 2, 2025 268 A gold vault holding gold bars. Photo: Shutterstock
 
Baghdad (IraqiNews.com) – The World Gold Council announced on Tuesday that Iraq’s gold reserves had remained stable.   According to the most recent assessments released by the council, Iraq
 has made no gold purchases since the beginning of 2025. The council highlighted that it  remained in 29th place internationally out of 100 with the highest gold reserves.

Iraq’s gold holdings amounted to 162.7 tons,  or 16.9 percent of its total foreign reserves.
 
Additionally, following Saudi Arabia, Lebanon, and Algeria, Iraq kept its fourth rank among Arab countries.   In response to growing economic and geopolitical threats,    central banks worldwide are increasing their holdings of bullion.
 
The country’s gold reserves increased by 45.1 percent in the fourth quarter of 2024 compared to the same period in 2023,     according to data released earlier in March by the Central Bank of Iraq (CBI).
 
The World Gold Council, which has offices in India, China, Singapore, the United Arab Emirates, and the United States in addition to its headquarters in London, seeks to leverage market expansion to sustain and raise demand for gold.
 
Iraq’s gold holdings reflect the country’s ongoing efforts to    diversify its foreign reserves and   improve long-term financial and monetary stability.
 
Gold has historically been a shelter for investors,  particularly during uncertain   geopolitical and   economic times.    https://www.iraqinews.com/iraq/iraq-maintains-global-ranking-in-gold-reserves/ 

Iraq’s Trade Ministry Reviews Reforms In Private Banking Sector
 
 Iraq    Amr Salem   September 2, 2025    The Central Bank of Iraq. Photo: INA   Baghdad (IraqiNews.com) – The Iraqi Ministry of Trade discussed on Monday    reforms in the private banking sector, addressing the    condition of the important sector and    possibilities for solutions.
 
During a meeting held by the Trade Ministry’s Center for Commercial and Economic Studies, the
discussions included the  Central Bank of Iraq’s (CBI) flexibility with private banks, as well as    approaches to monitor the impact of future changes, according to Shafaq News.
 
Suggestions will be provided to the prime minister, including  maintaining CBI flexibility toward private banks    based on their capacity,   easing limits on sanctioned banks, and  ensuring their involvement in financial activities.
 
Iraq’s financial system remains severely strained, with  almost half of its institutions under international sanctions,    a hurdle that analysts say might transform reforms into a   cause for breakdown  rather than progress.

Previously, the CBI reached a deal with the consulting company Oliver Wyman
    to perform assessments   as part of its restructuring strategy.
 
In mid-August, officials from the CBI met with representatives from Oliver Wyman
    to discuss a   banking reform proposal offered by the Iraqi Private Banks League (IPBL) to   modernize Iraq’s banking industry and  align operations with worldwide practices.
 
The strategy intends to stabilize the banking sector so that    it can function securely and effectively in accordance with  international norms and standards, as well as   local legislation,   while also strengthening   governance,  compliance, and    risk management.
 
The strategy also allows banks to perform an economic role that   promotes growth while   providing the most effective services possible.     https://www.iraqinews.com/iraq/iraqs-trade-ministry-reviews-reforms-in-private-banking-sector/ 

Iraq's Domestic Public Debt Rises Sharply  
 
Iraq     domestic debt    to rise    breaking    Energy and Business   
 
2025-09-02 Shafaq News – Baghdad   The Central Bank of Iraq announced on Tuesday that    domestic public debt will rise by the end of June 2025.
 
The bank said in an official statistic seen by Shafaq News Agency, "Iraq's domestic public debt rose by the end of June of this year    to reach 87 trillion and 748 billion Iraqi dinars, an
    increase of 2.56% compared to May, which reached 85 trillion and 503 billion dinars, also an
    increase of 5.35% compared to 2024, which reached 83.050 trillion dinars, and an
    increase of 19.59% compared to 2023, which reached 70.558 trillion dinars."

He added,   "The increase was a result of the increase in the payment of farmers' dues, which reached $14.83 trillion, up from $12.568 trillion."
 
The bank pointed out in its statistics that the  remaining debts are owed by the Ministry of Finance  amounting to 756 billion dinars, and    treasury transfer debts at the Central Bank and commercial banks  amounting to 51 trillion and 30 billion dinars, in addition to   treasury transfers on the account of the Ministry of Finance   amounting to 2 trillion and 30 billion dinars, and   loans to financial institutions amounting to 19 trillion and 102 million dinars.       
https://shafaq.com/ar/اقتصـاد/ارتفاع-كبير-بالدين-العام-الداخلي-للعراق   

Government Advisor: Iraq Has Achieved Remarkable Success In Recovering Funds From Abroad. 
 
Baghdad - INA - Nassar Al-Hajj The Prime Minister's financial advisor, Mazhar Mohammed Salih,outlined two paths for recovering Iraq's assets on Tuesday, including  corruption funds from after  2003 and  funds from the former regime. He emphasized that Iraq has achieved remarkable success in this area.
 
Saleh told the Iraqi News Agency (INA):
 
“Based on the Iraqi Asset Recovery Fund Law No. (9) of 2012,  which was amended by Law No. (7) of 2019,  the objectives of the amendment were determined to  expand the powers of the fund’s management to  enable it to recover smuggled funds as a result of corruption after 2003, in addition to   encouraging those cooperating with the fund  by granting rewards to informants on smuggled funds, with an emphasis on    strengthening international coordination     by proposing agreements with   countries and   regional and   international organizations in this regard and   conducting mutual judicial assistance.”  

He added,  "An agreement for economic and technical cooperation   between Iraq and relevant   countries and   nstitutions   provides for a    lever for cooperation in tracking and recovering our country's funds that have been   smuggled abroad by various means, as well as  enabling the fund to file lawsuits inside and outside Iraq  against individuals involved in corruption and the smuggling of the country's funds."
 
He pointed out that "the fund is linked to the Council of Ministers and enjoys legal personality.
 
It consists of a board of directors headed by the   Chairman of the Integrity Commission, the    Director General of the Recovery Department at the Integrity Commission, and    representatives from the Ministries of Foreign Affairs, Oil, Finance, Justice, and Trade, the    Central Bank of Iraq, the    Federal Board of Supreme Audit,    relevant security agencies, and the    Supreme National Commission for Accountability and Justice."  He pointed out that
 
"there are extensive procedural mechanisms in place, such as    opening closed accounts inside and outside Iraq in the name of the Ministry of Finance   to deposit revenues from recovered funds, the possibility of    distributing recovered funds in four installments over a period not exceeding six months, and the    use of experts from inside and outside Iraq and determining their remuneration."

Saleh explained that  “there are two types of funds that are being    pursued,    confiscated, and    legally tracked within the areas of international jurisdiction in two tracks, the    first of which is the funds of the former regime:   they have been dealt with since 2003 based on   Security Council resolutions, especially Resolution 1483, and   governmental/diplomatic channels with countries that have frozen assets.

Parts were transferred to the Development Fund for Iraq in 2003-2004, and  diplomatic pressure was later completed.  This track is based primarily on countries’ commitments to UN resolutions.” 

He added, "The second type is corruption funds after 2003.
 
The main framework for this process is the    United Nations Convention against Corruption (UNCAC), which Iraq ratified under Law No. 35 of 2007, with the work of the    Integrity Commission and the   Recovery Fund, and through    memoranda of understanding and technical assistance   (within initiatives such as StAR and bilateral partnerships that the   Integrity Commission is working on diligently and effectively with the national and international   judicial climates)."

  Saleh emphasized that  “the inventory of Iraq’s rights is ongoing and is announced from time to time, and represents a remarkable success for the Asset Recovery Commission,” noting that
 
“there are many obstacles, including: the    diversity of evidence systems and the    criminalization of illicit enrichment, the    complexities of bank secrecy and tax havens, as well as the    slow pace of mutual legal assistance and cross-border procedures, and    loopholes in tracking hidden money and    identifying the real beneficiary, in addition to    precedents of settlements that return part of the money in exchange for reduced penalties, and the  accompanying controversy over deterrence, without neglecting the    diversity of evidence systems, the    complexities of bank secrecy and tax havens, and the    limited        statistics and        unified rules for documenting the results.” 

He pointed out that "it is not an easy legal and technical process,  both local and international,   especially the inventory of Iraqi properties and real estate abroad, including various buildings, which requires inventorying and monitoring them in direct and indirect cooperation with oversight agencies, including the Asset Recovery Fund." https://ina.iq/ar/economie/242436-.html  

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

Seeds of Wisdom RV and Economic Updates Wednesday Morning 9-3-25

Good Morning Dinar Recaps,

SEC and CFTC’s New Joint Guidance Opens the Door to Mainstream Crypto Adoption

For the first time, U.S. regulators have confirmed that major registered exchanges can list spot crypto products, signaling a breakthrough for digital asset markets.

Historic Joint Statement

In a landmark move, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a joint statement clarifying that registered U.S. exchanges are not prohibited from facilitating the trading of certain spot crypto asset products.

The guidance applies to:

• CFTC-registered Designated Contract Markets (DCMs)

• Foreign Boards of Trade (FBOTs)

• SEC-registered National Securities Exchanges (NSEs)

This development represents the strongest signal yet that U.S. regulators are aligned in supporting digital asset innovation under federal market structures.

Project Crypto and Crypto Sprint

The announcement builds on two key regulatory initiatives:

• SEC’s Project Crypto – advancing frameworks for digital asset markets.

• CFTC’s Crypto Sprint – launched last month to solicit public input on listing spot crypto contracts on DCMs.

"Today's joint staff statement represents a significant step forward in bringing innovation in the crypto asset markets back to America," said SEC Chairman Paul Atkins.

Industry Reactions

Market leaders quickly welcomed the development.

• “The joint statement gives major U.S. exchanges the green light to offer spot trading on leading digital assets,” said Alexander Blume, CEO of Two Prime Digital Assets. “This opens the door for even more mainstream adoption.”

• Matthew Sigel, VanEck’s head of digital asset research, added: “The NYSE, Nasdaq, CBOE, CME, etc., will soon have spot trading for BTC, ETH, and more.”

• Gerald Gallagher, general counsel for the Sei protocol, wrote: “The turf wars are ending. The SEC and CFTC are rowing in the same direction.”

Why This Matters

Until now, spot crypto trading in the U.S. was largely confined to platforms like Coinbase, Kraken, and Gemini — none of which are national securities exchanges or designated contract markets. With this joint statement, the biggest U.S. exchanges — Nasdaq, NYSE, CME — are now positioned to list crypto spot products.

This comes as the Trump administration pushes to make the U.S. the “crypto capital of the world,” having already signed the first federal stablecoin law earlier this summer. A broader crypto market structure bill is still under development in Congress.

Key Takeaway

The SEC and CFTC’s joint stance marks a turning point: U.S. regulators are aligned on crypto spot trading, opening the door to mainstream adoption through traditional exchanges. This move validates digital assets as a core part of America’s financial infrastructure going forward.

@ Newshounds News™
Source: The Block

~~~~~~~~~

Ripple Custody Targets $16T Tokenization Market With Institutional-Grade Security

Ripple is positioning its custody platform as the backbone of institutional digital finance, aiming to capture a share of the $16 trillion tokenization wave expected by 2030.

Custody Takes Center Stage

Ripple is doubling down on custody as the core of its digital asset strategy. With projections that 10% of global assets will be tokenized and traded on-chain within five years, the company says institutions need bank-grade solutions to secure their digital holdings.

In a blog post amplified by SBI CEO Yoshitaka Kitao, Ripple argued that custody is no longer optional: it’s the foundation of trust that enables banks and enterprises to scale into the tokenized economy.

Safekeeping as the Foundation of Trust

Ripple Custody’s first mission is clear: protect private keys with impenetrable security. The platform delivers:

• Bank-grade private key storage

• Flexible deployment options (SaaS or on-premise)

• Compliance-ready frameworks to meet global regulatory standards

Ripple notes that one breach can wipe out institutional trust, while strong custody infrastructure sets the stage for long-term growth in tokenized assets like real estate, treasuries, and cryptocurrencies.

Stablecoins at Scale

Ripple Custody isn’t just about safekeeping — it’s also about enabling the full stablecoin lifecycle. Institutions can mint, burn, and manage stablecoins across both the XRP Ledger and EVM-compatible blockchains.

• Société Générale FORGE recently launched its euro-backed stablecoin (EURCV) on the XRP Ledger.

• In South Korea, BDACS is leveraging Ripple’s own institutional stablecoin, RLUSD, for payment solutions.

These cases highlight Ripple’s push to become the infrastructure layer for stablecoin settlement worldwide.

Governance Made Simple

To reduce friction in banking operations, Ripple Custody automates back-end processes that traditionally slow institutions down. Features include:

• Automated settlements and reconciliations

• Integrated reporting and compliance

• Support for both public and private blockchains

The goal is to help banks cut costs, reduce operational risk, and align institutional processes with a market moving at digital speed.

Why This Matters

Ripple Custody is already trusted by banks in more than 15 countries, and its reach is growing. With $16 trillion in tokenized assets projected by 2030, the institutions that lead on custody will also lead in global finance’s next chapter.

By combining security, stablecoin infrastructure, and automation, Ripple is positioning itself as the go-to custodian for the tokenized future.

Key Takeaway

Custody is no longer just a support service — it is the foundation of the tokenized economy. Ripple Custody’s secure, scalable infrastructure makes it a frontrunner to capture the institutional market as trillions in assets move on-chain.

@ Newshounds News™
Source: Coinpedia

~~~~~~~~~

Milei Introduces Bill to Halt Money Issuance in Argentina’s Congress

Argentina’s president seeks to enshrine a zero-issuance monetary framework into law, banning deficit financing through money printing and imposing penalties on violators.

A New Fiscal and Monetary Framework

President Javier Milei has introduced the “Draft Law on National Commitment to Fiscal and Monetary Stability” to Argentina’s Congress. The proposal aims to permanently ban governments from using central bank money issuance to finance state expenditures, embedding Milei’s strict fiscal discipline into the country’s legal framework.

According to presidential spokesperson Manuel Adorni, the bill’s central objective is ensuring that all state budgets must balance without relying on printing unbacked cash. Any spending outside of approved budget laws will be prohibited, and officials attempting to execute unauthorized expenses will face penalties.

Nullifying Fiscal Loopholes

Adorni stressed that any regulation that undermines fiscal balance will be considered null and void. The legislation specifies that new crimes will be codified to punish officials who breach its statutes, strengthening accountability within Argentina’s fiscal system.

"All regulations that violate these provisions will be null and void, meaning there will be no laws that undermine fiscal balance and do not establish how planned expenditures will be financed," Adorni stated.

Context: Austerity and the Chainsaw Model

Since taking office, Milei has pursued what he calls the “chainsaw” model — slashing thousands of public sector jobs, shrinking state institutions, and vetoing spending bills that relied on deficit financing.

His administration recently vetoed Congressional proposals to expand pensions and emergency disability spending, citing that such measures could only be funded by new money issuance — exactly what Milei’s policy seeks to outlaw.

These austerity measures have delivered tangible results:

• Inflation slowed significantly after years of hyperinflationary pressure.

• The Argentine peso stabilized against the U.S. dollar.

• Poverty levels declined modestly, according to government reports.

Criticism and Concerns

Despite early signs of stabilization, critics warn Milei’s approach could create new risks. Saifedean Ammous, economist and author of The Bitcoin Standard, argued that Argentina is trading one crisis for another, warning the country may face a debt default scenario if austerity measures are pushed too far.

Milei’s political opponents also argue that his cuts have disproportionately hurt vulnerable populations, creating social strain even as macroeconomic indicators improve.

Why This Matters

If passed, Milei’s bill would lock Argentina into a new monetary orthodoxy where governments can no longer resort to money printing to finance deficits. Supporters say this could restore credibility to Argentina’s fiscal system and prevent a return to hyperinflation. Critics counter that it risks reducing the state’s flexibility during times of crisis.

Either way, the proposal marks a defining moment in Argentina’s economic experiment — a test of whether extreme monetary restraint can finally bring lasting stability to one of the world’s most inflation-prone economies.

Key Takeaway

Milei’s draft law represents more than just policy — it’s a structural shift in Argentina’s monetary rules. By outlawing deficit financing through money issuance, Milei is betting that hard limits on government spending will anchor stability, even at the cost of austerity.

@ Newshounds News™
Source: Bitcoin.com

~~~~~~~~~

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“Tidbits From TNT” Wednesday Morning 9-3-2025

TNT:

Al-Sudani announces the signing of memoranda of understanding with Oman during his visit.

Prime Minister Mohammed Shia al-Sudani announced on Wednesday that he will sign memoranda of understanding in various fields between Iraq and Oman during his official visit to the Sultanate.

In a press statement at Baghdad International Airport prior to his departure to Oman, Al-Sudani said that the visit was preceded by joint preparations and meetings of several committees

 Which resulted in the preparation of a number of memoranda of understanding in the fields of energy, tourism, oil storage and refining, industry and localization of the defense industry, maritime transport and port management, scientific research and educational cooperation, avoidance of double taxation, housing and urban planning, youth and sports, trade exchange and export development, enhancing competition and preventing monopoly, radio and television cooperation, communications, and understanding between the Federation of Chambers of Commerce and the Oman Chamber of Commerce and Industry.

The Prime Minister pointed to the stability in Iraq, its clear and principled positions in the regional arena, and its role in stabilizing the region. He also highlighted the urban and development boom it is witnessing, in which Omani and Arab brothers will play a prominent role in promoting development, participating in investing in available opportunities, and building long-term partnerships.

Al-Sudani called on the Omani private sector to cooperate with its Iraqi counterpart in all fields and create job opportunities for young people, as our youth sector is brimming with experience, strength, and a drive toward a promising future and successful experiences. link

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

Tishwash:  Al-Sudani: The partnership between Iraq and the United States has achieved significant results and enhanced security.

Prime Minister Mohammed Shia al-Sudani praised the partnership between Iraq and the United States on Tuesday, stressing that it has achieved significant results and contributed to enhancing security and stability.

The Prime Minister's Media Office said in a statement received by the Mail that "Al-Sudani received today the new commander of the US Central Command, Admiral Brad Cropper, and his accompanying delegation, in the presence of the Chargé d'Affaires of the US Embassy in Iraq." 

He added, "The meeting discussed various security and military aspects between Iraq and the United States, progress made in the war on terrorism, and follow-up on the implementation of the joint declaration issued in September 2024, with commitment to all provisions of the agreement emphasized." 

The office continued, "The meeting also emphasized the importance of continuing dialogue on joint security cooperation at the bilateral level between Iraq and the United States, as well as exchanging views on aspects of the bilateral partnership and ways to develop it." 

According to the statement, the Prime Minister affirmed that "the partnership between Iraq and the United States has achieved significant results that serve the interests of both countries and have contributed to enhancing security and stability locally, regionally, and internationally." 

For his part, Admiral Cooper praised "Iraq's role as a model of successful counterterrorism cooperation," reiterating his commitment to "building on the successes achieved, continuing security cooperation, and strengthening strategic communication in the coming period.  link

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

Tishwash:  The Iraqi parliament sets the end date for its legislative term and comments on the postponement of elections. 

Deputy Chairman of the Parliamentary Committee on Regions and Governorates, Jawad Al-Yasari, revealed on Tuesday that the House of Representatives will continue to hold   its regular sessions until the end of the fifth parliamentary term, specifically on January 6, 2026.

The leftist told Shafaq News Agency, "The House of Representatives will resume its sessions next week, with three to four sessions," noting that "there are many laws that need to be read, discussed, and voted on in the House."

According to him, the current parliamentary term ends 45 days after the legislative elections, and he is able to hold sessions before and after the elections within the specified time period set by the Iraqi constitution.

In contrast, MP Firas Al-Maslamawi, of the Reconstruction and Development bloc, told the agency, "The legislative elections for the House of Representatives will be held on the scheduled date of November 11, 2025, and reports of a postponement are incorrect."

According to Al-Maslamawi, the federal government's mission is to hold and ensure the success of legislative elections on the scheduled date, and that political parties and political, economic and security factors indicate that they will be held on time.

The Iraqi Council of Ministers set November 11, 2025, as the date for the next parliamentary elections. The Electoral Commission announced that candidate campaigning will begin on October 8 and continue until the last 24 hours before the start of special voting. Approximately 30 million Iraqis out of a population of 46 million are eligible to participate in these elections   link

Mot:  How it Actually Happened !!!! 

Mot:  Yeppers.. Another ""Motism Marital Tip"" - BUT ONLY for Women!! 

The Data is a Lie’: Analyst Who Called 3 Crashes Reveals What’s Really Happening

The Data is a Lie’: Analyst Who Called 3 Crashes Reveals What’s Really Happening

Kitco News:  9-2-2025

In this in-depth interview, 49-year market veteran Bert Dohmen sits down with Jeremy Szafron to deliver a stark warning about the state of the global markets and economy.

Dohmen, who famously called the crashes of 1987, 2000, and 2008, reveals why he believes official economic data is a lie and how record speculation has created the most dangerous "bull trap" in history.

 In this exclusive conversation, Dohmen exposes what he calls the "Bureau of Lying Statistics," gives his forecast for a major market downturn, slams Bitcoin as a "figment of the imagination," and details his controversial geopolitical thesis that a "return to colonialism" for resources is driving global conflict.

IN THIS INTERVIEW:

0:00 - Market on Edge: Gold Hits All-Time Highs, Economy in Contraction

1:45 - "The Markets Are a Game": How Algos Control Everything

 5:55 - Market Valuations: "Worse Than 1929 is Coming"

7:34 - $1 Trillion in Margin Debt: A "Fiasco of Foreclosures" Ahead

12:20 - "Bureau of Lying Statistics": Why US Economic Data is a Lie

14:43 - Bitcoin Takedown: "A Figment of the Imagination, A Big Scam"

 19:33 - Lessons From Past Crashes & The 2007 Rule Change That "Screwed the Market"

 21:34 - The 2031 Gold Price Target & Long-Term Cycle

24:37 - The Gold & Silver Paradox: What Investors Must Do in a Crash

25:30 - The New Alliance: Russia, China & India Challenge the US Dollar

 28:05 - Geopolitical "Endgame": The Real Reason for Conflict in Gaza

29:58 - "Return to Colonialism": Dohmen's Explosive Thesis on Venezuela

34:40 - The Truth About Inflation & The Fed's "Historic Policy Error"

40:00 - Why Silver Will Outperform Gold

42:00 - The ONE Thing That Will Prove His Thesis Wrong

https://www.youtube.com/watch?v=vd2YUMKPmGM

Iraq Economic News and Points To Ponder Tuesday Evening 9-2-25

Iraq Has Refrained From Buying Gold For Seven Months, Maintaining Its Global Position.

Time: 2025/09/02 Reading: 705 times  {Economic: Al Furat News} The World Gold Council confirmed on Tuesday that Iraq has maintained its global ranking in gold reserves.

According to the Council's latest statistics, for September, Iraq has not purchased any gold in seven months of 2025, indicating that it has maintained its 29th place globally out of 100 for the largest reserves of the precious metal.

He added that Iraq's gold reserves amounted to 162.7 tons, equivalent to 16.9% of its other foreign currency reserves. Iraq thus holds the fourth largest gold reserves in the Arab world, after Saudi Arabia, Lebanon, and Algeria.

The Council noted that "the United States of America tops the list of the world's largest gold holders, with 8,133,000 tons, followed by Germany with 3,350,000 tons, then Italy with 2,451,000 tons, while Iceland and Hong Kong come in last with 2 and 2.1 tons, respectively."

The World Gold Council, headquartered in the United Kingdom, has extensive experience and in-depth knowledge of the factors influencing market changes, and its members include the world's largest and most advanced gold mining companies.  LINK

With Global Prices Rising, Gold Prices Fluctuate In Baghdad.
economy | 02/09/2025  Mawazine News - Baghdad -  Foreign and Iraqi gold prices witnessed fluctuations in the local markets of the capital, Baghdad, on Tuesday.

Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, this morning recorded a selling price of one 21-karat mithqal of Gulf, Turkish and European gold at 706,000 dinars, and a purchase price of 702,000 dinars, the same prices recorded yesterday, Monday.

Meanwhile, the selling price of one 21-karat mithqal of Iraqi gold reached 676,000 dinars, and the purchase price reached 672,000.

As for gold prices in goldsmiths, the selling price of one 21-karat Gulf gold mithqal ranges between 710,000 and 720,000 dinars, while the selling price of one Iraqi gold mithqal ranges between 680,000 and 690,000 dinars.  https://www.mawazin.net/Details.aspx?jimare=266106

The Dollar Price Rose As The Stock Market Closed.

Tuesday, September 2, 2025, | Economic Number of reads: 285  Baghdad/MENA/ The exchange rate of the dollar rose against the dinar on Tuesday afternoon in Baghdad markets, with the closing of the stock exchange.

The dollar price witnessed an increase with the closing of the Al-Kifah and Al-Harithiya stock exchanges, recording 142,700 dinars for $100, while this morning the price was recorded at 142,600 dinars for $100.

Selling prices in exchange shops in the local markets in Baghdad recorded an increase, as the selling price reached 143,750 dinars for $100, while the purchase price reached 141,750 dinars for $100.

In Erbil, the dollar also recorded an increase, as the selling price reached 142,500 dinars for every $100, and the purchase price was 142,400 dinars for $100. /End https://ninanews.com/Website/News/Details?key=1249703

The Decline In Iraqi Oil Prices In The Global Market

Economy | 02/09/2025   Mawazine News - Follow-up:  Iraqi oil prices recorded a decline during daily trading on Tuesday in the global market.

According to data reviewed by specialists, Basra Heavy crude recorded $66.26 per barrel, while the average recorded $69.46 per barrel, with a change rate of -0.65 for both.

The data also showed an increase in global crude prices, as British Brent crude recorded $68.52 per barrel, while US West Texas Intermediate crude recorded $65.00 per barrel, with a change rate of +0.37 and +0.99, respectively.  https://www.mawazin.net/Details.aspx?jimare=266101

Central Bank: Iraq's Domestic Public Debt Has Risen Significantly.

economy | 02/09/2025  Mawazine News – Baghdad  The Central Bank of Iraq announced, on Tuesday, an increase in domestic public debt by the end of June 2025.

The bank said in an official statistic reviewed by Mawazine News, that "Iraq's domestic public debt rose by the end of June of this year to reach 87 trillion and 748 billion Iraqi dinars, an increase of 2.56% compared to May, which amounted to 85 trillion and 503 billion dinars, also an increase of 5.35% compared to 2024, which amounted to 83.050 trillion dinars, and an increase of 19.59% compared to 2023, which amounted to 70.558 trillion dinars.

He added that "the increase came as a result of the increase in the delivery of farmers' dues to reach 14 trillion and 830 billion dollars after it was 12 trillion and 568 billion dollars."

The bank indicated in its statistics that the remaining debts are owed by the Ministry of Finance, amounting to 756 billion dinars, and the debts of transfers are treasury at the Central Bank and commercial banks, amounting to 51 trillion and 30 billion dinars, in addition to treasury transfers to the Ministry of Finance amounting to 2 trillion and 30 billion dinars, and loans to financial institutions amounting to 19 trillion and 102 million dinars. https://www.mawazin.net/Details.aspx?jimare=266111

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

Why Keeping The Money Isn’t The Right Move

Why Keeping The Money Isn’t The Right Move

Will Kenton  Tue, September 2, 2025

Someone I don’t know deposited $500 to my Zelle account — is there any harm in just keeping it?

Your phone pings, and you open Zelle to find $500 sitting in your account, but it isn’t from your employer, a friend or anyone you recognize. Instead, it’s from a stranger, sent through Zelle with no explanation. At first, it feels like an unexpected windfall. Who wouldn’t be tempted to think of it as free money?.  But that surprise transfer may not be a lucky break. Money sent to your account by someone you don’t know often signals a mistake or, worse, the beginning of a scam.

And if you decide to keep or spend the funds, you could quickly find yourself in trouble. Understanding why these “accidental” payments happen and how scammers exploit them can help you protect your account and your wallet.

Why Keeping The Money Isn’t The Right Move

Unexpected deposits through payment apps are not gifts. Under federal rules like the Electronic Fund Transfer Act, unauthorized transactions can be reversed if they are reported. That means the money you see in your account could disappear just as suddenly as it appeared, especially if it was tied to fraud. Spending it can leave you in financial and legal trouble.

There is also a strong chance that what seems like a mistake is actually part of a scam.

Internet scams have become widespread. In the FBI’s latest 2024 Internet Crime Report, more than 859,000 complaints were filed with the Bureau, and reported losses to Americans increased 33 percent from 2023 to an eye-watering $16.6 billion.

How the scam works

The way the fraud typically unfolds is simple but effective. Here’s the basic play:

• A scammer sets up a payment app account with stolen credit card information.

• They send money to a random person (in this case, you) making it look like a lucky mistake.

• Shortly after, they reach out, often with a friendly or urgent message: “Hey, I sent you $500 by accident, can you send it back?”

• If you return the money, it doesn’t go back to the stolen card. The scammer has already switched their account to a real card they own, so your “refund” goes straight into their pocket.

• Meanwhile, your bank eventually realizes the first payment was fraudulent and reverses it. That $500 disappears from your account, but the money you sent back is gone for good.

TO  READ MORE:  https://news.yahoo.com/news/finance/news/someone-don-t-know-deposited-120000474.html

Dr. Scott Young: End the Fed, Buy Now, Pay Later Bubble

Dr. Scott Young: End the Fed, Buy Now, Pay Later Bubble

9-2-2025

Ever found yourself eyeing that new gadget, a stylish outfit, or even just a week’s groceries, only to see the “Buy Now, Pay Later” (BNPL) option pop up at checkout?

What seems like a harmless convenience – breaking down a purchase into easy installment payments, often with no immediate interest – has exploded in popularity. But according to Dr. Scott Young, this rapidly expanding financial mechanism is far from harmless, and it might just be the quiet fuse igniting our next major economic crisis.

In a recent detailed video discussion, Dr. Scott dives deep into the potentially catastrophic implications of the BNPL debt bubble, drawing chilling parallels to the 2008 housing crisis.

BNPL has become a ubiquitous presence, allowing consumers to acquire goods and services through seemingly manageable payment plans. The catch? This system predominantly targets financially vulnerable populations – individuals with poor credit histories or limited financial literacy. While it appears to offer a lifeline, it largely encourages overspending, leading to significant hidden fees and a rapid accumulation of debt.

Dr. Scott doesn’t mince words: “Risky lending practices to those unlikely to repay debt can precipitate a massive economic collapse.” Just as subprime mortgages fueled the 2008 crisis, BNPL is creating a similar web of unmanageable debt, but this time, it’s woven into the fabric of everyday consumer spending.

Current political efforts – whether tariffs or proposed “economic resets” – are acknowledged but ultimately dismissed as insufficient. Dr. Scott emphasizes that these are superficial tweaks that cannot resolve the deep-rooted structural problems plaguing our economy.

Dr. Scott warns us that these changes are not just desirable, but unavoidable. Failure to address these systemic issues will lead to a catastrophic financial collapse that will touch everyone, regardless of their personal debt situation.

This isn’t just a warning for those caught in the BNPL trap; it’s a call to awareness for us all. The health of our economy affects our jobs, our savings, our future, and the financial well-being of generations to come.

Don’t miss out on the full picture. For a deeper dive into these critical insights and to empower yourself with Dr. Scott Young’s comprehensive analysis, watch the full video discussion.

https://youtu.be/0CmiUdKtsNg

Massive Commodity Supercycle is Just Starting

Massive Commodity Supercycle is Just Starting

VRIC Media:   9-2-2025

In a world buzzing with economic forecasts and geopolitical tensions, it’s easy to get lost in the noise. But what if the true drivers of markets, and even global conflicts, are far more fundamental than daily headlines suggest?

That’s the compelling argument put forth by Jay Martin, CEO of V-Rick Media, in a recent insightful interview with Daryl Thomas on VRIC Media. Martin, a veteran in the natural resources sector, cuts through the complexity to reveal a core truth: supply and demand for natural resources are the foundational forces shaping our economic landscape.

For over a decade, specifically since 2011, the hard assets sector, particularly precious metals and mining, has experienced a capital drought. But according to Martin, that era is decisively over. He highlights a significant return of capital to this vital sector, signaling a new, methodical, and healthy market cycle. This isn’t the fleeting commodity surge we saw in 2020-21; it’s a structural shift.

While major indices like the S&P 500 and Dow Jones continue to hover near all-time highs, Martin points out their inherent vulnerability. Much of their strength lies in the concentration of a few mega-cap tech firms, leaving them susceptible to significant corrections.

In contrast, Martin and Thomas advocate that precious metals and mining stocks offer a compelling long-term hedge against inflation and market volatility. As the global economy grapples with escalating costs and unpredictable events, the tangible value of natural resources provides a crucial anchor for portfolios.

Martin even shared a fascinating anecdote about a successful investment in a plant-based baby food company, illustrating how strong macro trends coupled with exceptional management can drive success, regardless of the sector. It’s a testament to the universal principles of sound investing.

Jay Martin’s insights are a powerful reminder that while headlines grab attention, the fundamental supply and demand for natural resources quietly shape our world. As capital flows back into hard assets, understanding this sector could be key to securing your financial future

https://youtu.be/gGOf5FTdl-I