"QFS CONVERSATION WITH GOLDILOCKS" , 13 MARCH

 GOLDILOCKS

"Global banks participate in large-scale blockchain pilot test" 

No one can deny the fact that we are moving into a global digital economy at this point. When you have "...155 participants from 45 major organizations have settled real-world assets across 22 blockchains," you have a consensus model. 

Major financial institutions such as Goldman Sachs, BNY Mellon and Cboe Global Markets completed a large-scale pilot test using blockchain technology. Yes, this included the Forex Market on the CBOE Exchange. 

"Institutional investors executed over 350 simulated transactions via distributed ledger technology in areas such as tokenized assets, fund registry, digital cash, repo, securities lending and margin management on the Canton network."

The pilot test included:

* 15 asset managers

* 13 banks

* four custodians

* three exchanges 

* and the Stablecoin issuer Paxos Trust.

“With the Canton Network, a digital bond and a digital payment can be composed across two separate applications into a single atomic transaction, guaranteeing simultaneous exchange without operational risk,” according to a press release from Canton. It added, “Likewise, a digital asset could be used in a collateralized financial transaction via connection to a repo or leveraged loan application.”

The Canton Network includes:

* Deloitte 

* Deutsche Börse 

* Microsoft 

* Moody’s 

* and S&P Global.  

Folks, we have an operational Digital Global Monetary System. It has been tested and awaiting final touches on the digital payment system (stablecoins), messaging system, and crypto regulations to move through the legislative process. 

If you have been doubting that the new Financial System is "digital," it's time to wake up.

© Goldilocks

IMF Approval for RV/RI?!💣All Banks are Prepared!🤔Iraq Dinar RV Updates |...

Sudanese plans to visit Washington to lift ban on banks banned from dealing in dollars, 13 MARCH

Sudanese plans to visit Washington to lift ban on banks banned from dealing in dollars

Mawazine News – Baghdad
The head of the Iraqi Securities Commission, Faisal Al-Haims, announced that three Iraqi banks are punished by the US Treasury, and 25 banks are banned from dealing in dollars.
Al-Haims said in a televised interview followed by Mawazine News that “dialogues with the American side in order to lift restrictions on Iraqi expenses began a month ago on a periodic and intensive basis.”
He added, “Dialogues with the American side on lifting restrictions on Iraqi banks will reach their peak when Prime Minister Mohammed Shia’ al-Sudani’s visit to Washington to revive confidence in the Iraqi banking sector.”

https://www.mawazin.net/Details.aspx?jimare=243761

Iraqi bank friend Aki Update BY WALKINGSTICK, 13 MARCH

  Walkingstick 

 [Iraqi bank friend Aki Update] 

They had a zoom meeting.  It was with the CBI, all other banks and US Treasury, IMF, everybody, they were all in this zoom meeting.  

They told him a lot but the only important thing...was I was told once again, 'We need you to be back at the bank because at anytime you are going to be very busy.'  Aki is just like you and I, sitting there waiting...

 [Iraqi Bank Friend called #1 Update - He owns 7 banks, 2 in Jordan] 

 About two weeks ago  we told you IOO the banks of Iraq were going to be receiving sample sheets/specimens. 

 They were very very precise pictures of the lower notes.  It turns out #1 has them. ..They started to practice and use them but they needed more help so they requested. 

 You will see this request on the CBI website probably within this week where they are requesting help with the security features in the small notes that they are practicing counting, sorting and training right now  ..

.The new software will be with them and the banks within this week.

https://dinarevaluation.blogspot.com/2024/03/iraqi-bank-friend-bank-story-by.html  

 [Iraqi Bank Friend called #1 Update - He owns 7 banks, 2 in Jordan] 

 About two weeks ago we told you IOO the banks of Iraq were going to be receiving sample sheets/specimens. 

 They were very very precise pictures of the lower notes.  It turns out #1 has them. ..They started to practice and use them but they needed more help so they requested. 

 You will see this request on the CBI website probably within this week where they are requesting help with the security features in the small notes that they are practicing counting, sorting and training right now..

.The new software will be with them and the banks within this week.  

https://dinarevaluation.blogspot.com/2024/03/iraqi-bank-friend-bank-story-by.html

Erdogan plans to visit Iraq at the end of next April, 13 MARCH

Erdogan plans to visit Iraq at the end of next April

Mawazine News – Baghdad
Turkish Deputy Foreign Minister Ahmet Yildiz said Tuesday that President Recep Tayyip Erdogan will visit Iraq before the end of April.
Yildiz, who visited the Turkish embassy in Baghdad and the Yunis Amra Cultural Center, said he would “start his meetings with Iraqi officials tomorrow, Wednesday.”
He explained that “he will hold talks at the Iraqi Ministry of Foreign Affairs during which bilateral relations will be reviewed, and preparation for a meeting to be held at the level of ministers in the coming period and the visit of President Erdogan.”
The deputy minister pointed to “the importance of the development road project that extends from Iraq to Turkey,” stressing that “the project will meet a great need, especially since Turkey is a large economy and a neighbor for Europe.”
He added that Iraq also “had a big economy,” expressing hope that it would return as it was.
“Both countries are enthusiastic about the project,” he stressed, adding, “we believe that if it is implemented it will bring (significant) benefits that are incomparable to its cost.”
On President Erdogan’s planned visit to Iraq, Yildiz said that “depending on planning and preparations, the visit will take place before the end of April.”

https://www.mawazin.net/Details.aspx?jimare=243764

Basel III will it change the IQD exchange rate 03/12/24 BY PIMPY

"RV UPDATE" BY PIMPY. 13 MARCH

 Pimpy

  Does Iraq have the ability to be similar to what Kuwait has?  

Of course it does, but they got a long way to go...When I first started talking about the Iraqi dinar, I thought Iraq is going to be just like Kuwait.  Until you actually start really digging into it and researching you find out they're nothing alike...

You can still see Iraq is taking the steps necessary to deal with corruption, update all their systems so they can keep better track of things and continue down the path to joining the international community...Iraq has taken all the steps necessary...It's looking very good for Iraq as long as they stay on this path...