Luigi1 Posted July 21 Report Share Posted July 21 Here's two rumors of Dinarian interests... Guru claims articles were published in Gazette today. Guru not specific what these article are. Treat as rumors. Not verified. Your opine. Clare: IN THE GAZETTE. ARTICLE: Issue No. (4781) of the Iraqi Gazette was published on 7/1/2024 Issue No. (4783) of the Iraqi Gazette was published on 7/8/2024. Issue No. (4784) of the Iraqi Gazette was published on 7/15/2024. THERE IS STILL A MISSING PUBLICATION FROM THE GAZETTE AND THE LATEST ONE IS SHOWING TODAY. Frank26: RI Then RV. ARTICLE: The Iraqi dinar first will come out as a reinstatement instantly & work itself back up to an RV… 1 4 1 1 1 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted July 21 Author Report Share Posted July 21 Here's another article related to the above...BIS sets new crypto ground rules... FROM OTHER SOURCES: BIS ISSUE NEW RULES FOR XRP. ARTICLE: “The BIS, which positions itself as a bank for central banks globally, has introduced new regulations governing banks’ exposure to Group 2 cryptocurrencies. Notably, the BIS had in the past defined what Group 2 crypto assets are in an effort to separate them from other cryptocurrencies.” “Group 2 assets include unbacked crypto assets such as XRP, Bitcoin (BTC), and Ethereum (ETH). The category also contains stablecoins that lack effective stability mechanisms. According to the BIS’ classifications, these assets are riskier due to their volatility.” “In the latest requirements, the BIS has stipulated that a bank’s total exposure to all these Group 2 assets must not exceed 1% of its Tier 1 capital. For the uninitiated, the Tier 1 Capital represents a bank’s core capital.” “This capital is the primary financial buffer that absorbs losses, ensuring the bank’s stability. Per the BIS requirement, if a bank with $1 trillion in Tier 1 Capital seeks to hold XRP and other assets in Group 2, the combined worth of all assets must not be more than $10 billion.” “Crypto regulations have taken focus in recent times as the industry pushes further into the mainstream scene. For instance, the European Union recently enacted the first part of its MiCA regulations, affecting stablecoins. 3 1 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted July 21 Author Report Share Posted July 21 Here's another article related to the above... Paulette Without “Accepting Article VIII” Obligations, They Simply Cannot RI. ARTICLE: Iraq cannot RI without “accepting Article VIII obligations” and cannot do so if they have a MCP. Dr S said that the “new currency” will co-exist with the 3 zero currency for up two two years in the market and ten within the banks. They cannot treat the two currencies at different rates & be deemed as having “accepted Article VIII obligations”. Without “accepting Article VIII” obligations, they simply cannot RI… 2 2 1 Quote Link to comment Share on other sites More sharing options...
southbeach Posted July 21 Report Share Posted July 21 Exactly what is required for Article V111? 1 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted July 22 Author Report Share Posted July 22 Here's another article related to the above...Items 4781, 4783 & 4784 had nothing to do with the Budget Law.... Tishwash: In The Gazette. ARTICLE: So they have released another Gazette but still nothing on the Budget Schedules… 2 1 Quote Link to comment Share on other sites More sharing options...
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