"KEEP YOUR EYES ON DIGITAL LEDGER TECHNOLOGY" BY GOLDILOCKS, 20 MAY

 GOLDILOCKS

Keep your eyes on Digital Ledger Technology. Once this is regulated, instant payments become possible. (T+0 instant settlements) This will effect prices on tokenized assets and stablecoins. 

This year, the movement of money itself will create a higher demand in the faster payment sectors of our Market. These new demands create price pressures.

© Goldilocks

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According to the report, Ripple is positioning global payments as a top priority, aiming to revolutionize the industry. The survey, conducted in partnership with the FPC, delves into current and future adoption trends of blockchain payment systems, shedding light on the present scenario and what lies ahead.

Ripple’s CEO, Brad Garlinghouse, emphasizes, “[Blockchain will drive] faster payments between businesses, reducing settlement windows, and ensuring close-to-real-time payments for all bookings.”

Quoting from the report, Ripple emphasizes the real value that blockchain in payments unlocks. An impressive 77% of respondents believe that using blockchain for payments is either “Very Beneficial” or “Somewhat Beneficial” for their organizations’ end customers. Additionally, over 60% share the same sentiment regarding customers using cryptocurrency for payments.

https://coinpedia.org/news/ripples-global-payment-initiative-in-collaboration-with-us-faster-payments-council/

Iqd iraq good good good BY NADER FROM MID EAST

Iraq declares one day of public mourning for the death of the Iranian president and his companions, 20 MAY

  Iraq declares one day of public mourning for the death of the Iranian president and his companions

 Today, Monday (May 20, 2024), the official government spokesman, Bassem Al-Awadi, announced a one-day public mourning for the passing of Iranian President Ebrahim Raisi and his companions.

Al-Awadi said in a statement received by “Baghdad Today” that “in standing with the Iranian people and their leadership, in these difficult times, and in solidarity with the feelings of sadness and pain, with the passing of the President of the Islamic Republic of Iran, Ebrahim Raisi, and the Minister of Foreign Affairs, Hossein Amir Abdollahian, and their companions, in the painful incident, the government announced Iraqiya: Public mourning throughout Iraq, for one day, tomorrow, Tuesday.

He added: "We ask God Almighty to inspire the families of the victims and the general Iranian people and their leadership with patience and solace."

On Monday morning, the government and Iranian media sources confirmed the death of Iranian President Ebrahim Raisi and his Foreign Minister Amir Abdullahian in a helicopter crash in the northeast of the country, yesterday evening, Sunday. link

"IRAQ IS CURRENTLY IN THE FINAL PHASE OF DIGITIZING THEIR BANKING SYSTEM" BY FREEDOM FIGHTER, 20 MAY

 FREEDOM FIGHTER

Iraq 🇮🇶 is currently in the final phase (Phase-2 Implementation phase) of digitizing their banking system per the reforms set forth by the World Bank…”this began in 2009 per the attached pdf”

The U.S. banks has been digitizing ,  global banks have been digitizing.  Now this shows Iraq is in the final phase (Implementation phase) of digitizing 

This connects Iraq banks to other global banks 🏦 

💥Modernization 

💥The transfer of digital gold , silver etc

💥RIPPLE / XRP

💥Instant payment settlements / transactions 

🟢This connects Iraqs banking system to the global banking system

🏦And the U.S. banking system

Welcome to my UB2B channel!FRANK26…..5-19-24….PRAY FOR IRAN

The impact of the death of Iranian President Ebrahim Raisi on the Iranian currency, 20 MAY

 The impact of the death of Iranian President Ebrahim Raisi on the Iranian currency

The Iranian currency witnessed a major collapse following the killing of Iranian President Ebrahim Raisi and Foreign Minister Hossein Amir Abdollahian. The currency fell by more than 8 percent as of last night, reflecting the profound impact of political events on the Iranian economy.

On Sunday, as news of the fate of Iranian President Ebrahim Raisi spread after his plane crashed in East Azerbaijan Province, the dollar exchange rate witnessed a noticeable increase against the Iranian riyal in the unofficial market. The price of the dollar rose from the level of 57 thousand riyals per dollar to more than 62 thousand riyals in Monday morning trading.

This increase came after the official death of President Ebrahim Raisi and the Minister of Foreign Affairs was officially confirmed on Monday morning, as their helicopter crashed in the East Azerbaijan region, northern Iran. As a result, the Iranian currency exchange rate reached 60.6 thousand tomans against the US dollar, knowing that the Iranian toman is equal to 10 riyals.

The Iranian rial had witnessed a slight recovery against the dollar after a period of increasing tensions with Israel, as the dollar exchange rate reached about 70 thousand riyals per dollar. With the decline in tensions, the dollar exchange rate began to gradually decline, reaching 57 thousand riyals in parallel market trading on Sunday morning.

It is worth noting that the Iranian government has set an official exchange rate for the dollar at 42,000 rials to one dollar since 2018. However, the rial is suffering from great pressure due to high inflation sparked by the ongoing US sanctions. These sanctions, imposed during the administration of former US President Donald Trump, reduced sales of some of Iran's main exports, especially oil and its products.

This incident comes at a time when the Iranian economy is suffering from major challenges, as political fluctuations make it more difficult to predict the future of the currency and stabilize the economy. This rapid decline in the value of the Iranian rial reflects the fragility of the economic situation and the great pressures that the country faces in light of the sanctions and political turmoil.  link

"RV UPDATE" BY PIMPY, 20. MAY

 Pimpy 

  Article: "Floating the Iraqi dinar.  A solution to fill a 'gap' whose volatile price against the dollar" 

 If the Iraq dinar floats and for whatever reason a lot of people start investing into the currency and it drives the exchange rate up, if it gets anywhere near $0.25 and higher for me, I'm out of there!  Seriously, I will sell my currency...

The cool thing about this is there's no talk about a redenomination.  So are they actually going to float this currency with the zeros on there and take the risk that sucker is going to jump up really high in the exchange rate?  

 ...Keep an eye on that sucker, watch the exchange rate, if it gets anywhere near where you want to sell it, then jump all over it.  I wouldn't procrastinate or gamble with it.