STATUS OF THE RV, PART. 6
😊The other article on this topic of VISA and Mastercard is titled “THE CENTRAL BANK SETS A DATE FOR OPENING A NEW BANK IN THE US AND RESOLVING THE VISA AND MASTERCARD CRISIS.”
The Central Bank Governor Ali Al-Alaq confirmed on Saturday (April 26, 2025) that an agreement had been reached to open another bank in the United States to establish relations with Iraqi banks in money transfer operations.
“The Central Bank aims to resolve the problem of Visa and MasterCard cards abroad within the next month,” noting that “a plan has begun to be developed to issue cards specifically for small merchants.” The Iraqi banking sector faces challenges in international transactions, particularly regarding the use of electronic payment cards abroad, due to regulatory restrictions and global financial compliance requirements.
Please watch the news when US Treasury secretary Bessent talks. When he talks, I listen! he is giving clues almost every day as to what is about to happen and where they are going with creating the “level playing field” for currencies.