GOLDILOCKS
China is withdrawing from the US Stock Market by way of US dollar to Yuan trades on Forex. The Yuan will no longer be able to buy US Dollars on Forex.
If you look closely, the Depository Trust Company will be closing these trades on March the 8th, 2024.
Are they about to back their currency by gold? If not, will their gold token become more accessible in the world of trade? Either way, you can expect a major shift like this to have a backup plan.
© Goldilocks
BEARDED PATRIOTUSA
The clock is ticking: the imminent launch of USTN triggers a wave of massive redemption of Zim bonds! The beginning of R&R awaits you!
The countdown has begun and the stakes couldn't be higher.
In the coming days, a seismic shift is expected to ripple through the entire financial system, a move so bold, so unprecedented, that it threatens to reshape the economic landscape of the United States, and perhaps even the world.
At the center of this monumental transition is the launch of the USN – USTN, the new United States monetary system, which will be implemented between March 14 and 15.
This is not just a routine adjustment of monetary policy; It is a complete overhaul, a reinvention of the exchange rate as we know it.
MNT GOAT
....I hear so much needless worry about Iraq’s WTO accession. Relax folks, calm down as it is going to happen. Even today in the news Iraq once again gives us this assurance. Does Iraq need to RV for the WTO. There is nothing in writing anywhere stating this is the case.
However, a country does need a currency that can be globally traded and we now know that the Iraq IQD is still under OFAC US Treasury sanctions. This is why when the banks look at their screens when researching the IQD rates, they see it, but won’t touch it yet due to the sanctions. We must be patient as these sanctions too will be released soon...
Al-Fateh: America is unable to bear the costs of its forces in Iraq
A member of the Al-Fatah Alliance, Aed Al-Hilali, saw that the American side is no longer able to bear additional financial burdens in light of the presence of its military forces inside Iraq, at a time when America is experiencing a difficult economic situation that requires it to reduce expenses.
Al-Hilali told Al-Maalouma, “America seeks to have a strong economic, military, or political influence inside Iraq, but it is no longer able to keep its forces in Iraq.”
He added, "The American military presence inside Iraq costs Washington large expenses in light of the crisis economic situation it is experiencing."
He explained, "America's budget has exceeded 30 trillion dollars, and the presence of its forces outside its country's borders will exhaust the American budget, which will force Washington to negotiate with Baghdad to end its military presence, and turn the page toward balanced relations built on foundations and agreements between the two countries." link
GOLDILOCKS
"Senators Cynthia Lummis (Republican) and Kirsten Gillibrand are reported to be finalizing a Stablecoin Bill."
This Stablecoin Bill is moving through the House and Senate as we speak. It will provide the long awaited crypto clarity that we need to pay for the tokenized assets currently expanding and interfacing digital networks inside Protocol 20.
As we have announced before in this room, 90% of the global economy will be tokenized by the end of the year. If you have been accumulating ISO 20022 tokens, you will be holding assets that are already beginning to move into their real value.
Remember, Stablecoins represent a country's currency. At some point, our Stablecoins will be given the green light to move forward. This will put price pressures on many of the currencies we hold.
Several countries have already migrated to the ISO 20022 messaging service that will provide an integrated and universal language service to explain transactions taking place on the QFS.
The back wall date for the ISO 20022 messaging service for countries is to be completed early next year, but the countries who have already migrated will be able to begin utilizing this service as more and more countries come on board. Ledger Insights
© Goldilocks
Senate stablecoin bill in the works from Sens. Lummis and Gillibrand | Axios
If you would like to read the full report on the Stablecoin Bill being presented in Congress, you can follow the link below to see where it stands at the present time and read the full report below it.
The full report explains exactly what is being presented to Congress, and how, the use of Stablecoins will be utilized going forward.
You will be able to read how values are determined for these Stablecoins, and many of the regulations that surround these coins to make them workable on the QFS.
Congress
© Goldilocks
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Currency Insider Iraqi Dinar - Dong Updates Saturday Afternoon 3-9-24
Iraqi dinar RV Almost Approved – 2:02
Vietnam Dong Prices Increase Strongly – 1:30
Iraqi dinar on green signal – 2:44
Iraqi Dinar Today Exchange Rates latest – 1:18
