GCR Updates As Of 21 June 2024.

[Luigi1]

Here's some GCR updates of Dinarian interests...

Treat as rumors.  Not verified.  Your opine.

 

 

 

Goldilocks:      "Almost 2/3 Of Countries In The Middle East & Central Asia Are Exploring Adopting A Central Bank Digital Currency As A Way To Promote Financial Inclusion & Improve The Efficiency Of Cross-Border Payments.
ARTICLE:  Adopting a CBDC, however, requires careful consideration. Countries across these regions, spanning a diverse group of economies stretching from Morocco and Egypt to Pakistan and Kazakhstan, each must weigh their own unique set of circumstances.

 

Many of the 19 countries currently exploring a CBDC are at the research stage.  Bahrain, Georgia, Saudi Arabia & the UAE have moved to the more advanced “proof-of-concept” stage.  Kazakhstan is the most advanced after two pilot programs for the digital tenge."   IMF

Per conversations Dee, Sam & I have had with our CBI contact, Iraq will be using CBDC for Cross-Border Trading.     

 

 👆 Iraq is not ready yet.          © Goldilocks

 

-Iraq To Repatriate All Its Citizens From al-Hol Refugee Camp In Syria.
The Iraqi government on Tuesday has decided to return all Iraqis from the al-Hol refugee camp in Syria, the official Iraqi News Agency (INA) reported.

 

Karim al-Nouri, deputy minister of the Ministry of Migration & Displaced, told the INA that the "total number of refugees in the al-Hol camp is more than 50,000 people from different countries, including 20,000 people from Iraq."

 

He said that the Iraqi government had established a high-level committee to scrutinize the security situation of the refugees.

Al-Nuri also said that those returning from the al-Hol camp would go through community rehabilitation programs at the al-Jada'a camp in Iraq's northern province of Nineveh, stressing that about 3,000 people so far have returned to their homes in Iraq, according to INA.

The al-Hol camp is known to be housing refugees, with a significant number of them being family members of IS militants. ■    English News.         © Goldilocks

 

 

-READ PDF HERE:

ESMA75-453128700-949_Final_Report_MiCA_cooperation_technical_standards.pdf.

Final MICA Standards Announcement:

The European Banking Authority (EBA) delivers their final group of MiCA Technical Standards just before the June 30th, 2024 deadline for their digital regulations to become law.

Reference
ESMA75-453128700-949
Section
Digital Finance and Innovation
Guidelines and Technical standards
Type
Final Report
Main Document
ESMA75-453128700-949 Final Report on MiCA cooperation technical standards
(EN)
Style
ESMA document

There were 14 technical standards and 3 guidelines finalized and published. This completes EBA's delivery of their technical standards under MiCA.   Esma Europa           © Goldilocks

 

-"As China Dumps Treasury Securities, The Euro Area, Canada & Financial Centers Load Up With Immense Appetite."
The division of money flows has been taking place for some time, but we are beginning to clearly notice a new Economic Continental Divide.

Trading routes have been rerouted these last few years & bilateral free trade agreements have been signed.

The emergence of a multi-polar Global Economy is beginning to be realized through countries supporting their own payment systems with the use of their own local currencies over the World Reserve Dollar.

With a new Digital Monetary System coming into play with Real World Assets backed by commodities and easy access to a fractionalized monetary trading policy, the expectation of a world with solid currency (Gold) through tokenized asset values is becoming a reality.  WolfStreet   Investopedia.          © Goldilocks

 

 

-ISSA survey shows rising strategic importance of DLT adoption - Ledger Insights - blockchain for enterprise.           © Goldilocks

 

-Bank of America finds younger investors prefer crypto, alternatives to stocks - Ledger Insights - blockchain for enterprise.

© Goldilocks

 

-Ripple CEO Predicts End of XRP Lawsuit This Summer | Crypto News Flash.        © Goldilocks

 

 

-Investors around the world are dealing with new trading mechanisms that are beginning to reroute money flows through a new digital asset-based trading system.

 © Goldilocks

 

The movement of money is not the same. New digital accounting regiments are changing the direction of money based upon new re-entrances of local currencies being traded abroad.

 © Goldilocks

At the end of this month, we're going to have guidelines, regulations, and new laws to change the way we do business.

 © Goldilocks

-Don't blink, it is happening right before your eyes.        © Goldilocks

 

 

 

 

[Luigi1]

Here's another article related to the above...Clare:     Erbil Update.

 

 

Article: “For the first time in history…a direct air transport line was launched between Erbil & London“

[hspotman]

Above she says 'Iraq is not ready yet', and at the bottom she says, 'Dont blink, it's happening right before your eyes'...