Friday, February 28, 2025
MIKE BARA UPDATE, 28 FEB
MIKE BARA
Thursday Morning Update: Bond holders continue cashing out in Zurich and Reno. Confirmed. I believe these are Tier 4a whales. Gold assets have been paid.
Bond assets are BEING PAID. Appointments have been set for currency exchanges for Tier 4a. NO CURRENCY HAS BEEN REDEEMED YET.
Further updates tomorrow at 1PM eastern on Rumble. We will be joined by special guest Matt from the CBD Gurus!
Kurdistan banks will take their share of sanctions. Economic shows the reasons, 28 FEB
Kurdistan banks will take their share of sanctions. Economic shows the reasons
Baghdad Today – Baghdad
The economic expert Hividar Shaaban, on Thursday (February 27, 2025), said the reasons for imposing US sanctions on a number of banks in the Kurdistan Region.
Shaaban said in an interview with “Baghdad Today” that “within the framework of coordination between the US Treasury Department and the Central Bank of Iraq, sanctions will be imposed on banks in the region, including banks participating in the Hassabi project for the salaries of employees in Kurdistan.”
“This process is to control currency smuggling in some banks in the region, control money laundering, illegal transactions, and the process of structural regulation of banks,” he added.
Earlier this February, two informed sources said that the Central Bank of Iraq will prevent local banks from dealing in dollars.
Reuters quoted the sources as saying: “The Central Bank of Iraq will prevent 5 local banks from dealing with dollars at the request of the US Treasury.”
“Three payment service companies will be banned from dealing in dollars according to the request of the US Treasury,” the sources added.
They pointed out that “America submitted its request due to serious monetary violations and smuggling of the dollar out of the country.”
https://baghdadtoday.news/268804-مصارف-كردستان-ستأخذ-نصيبها-من-العقوبات.-اقتصادي-يبين-الأسباب.html
Walkingstick : Iraqi Bank friend Aki update!!, 28 FEB
Walkingstick
[Iraqi Bank friend Aki update]
Very early in the morning Aki will be part of a large meeting that will be broadcast to all the CBI banks, even all the private banks, financial institutions that have been working on the monetary reform with the CBI and the US Treasury...with the CBI.
It will go for two days, Thursday and Friday.
More than likely one day will deal with banks, exchange rate, currency, monetary reform and the other day will deal with the international status of Iraq.
Iraqi Bank of Trade stops withdrawing cash through ATMs outside Iraq, 28 FEB
Iraqi Bank of Trade stops withdrawing cash through ATMs outside Iraq
The Iraqi Bank of Commerce announced on Wednesday the suspension of cash withdrawals through ATMs (ATM) using electronic cards (Visa and MasterCard) outside Iraq, as part of preventive measures to avoid security risks associated with the misuse of these cards.
Useful summary.. In the important news, you can find it in the Euphrates News channel on Telegram. To subscribe /a>
The bank explained, in a statement received by {Euphrates News} a copy of it, that: “The decision only includes cash withdrawals from ATMs outside Iraq, while users can continue to use cards to pay through POS devices or in electronic operations on the Internet.”
The bank pointed out that “this measure comes in order to protect customers’ funds from any security threats that may result from the misuse of cards in some areas.”
🚨BREAKING: New Iraq Dinar = New Rate ( IN-COMING )
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