Luigi1 Posted February 5 Report Share Posted February 5 Here's some articles of Dinarian interests... NOTE: This is just one man's opinion. Flip That RV Switch. Treat as rumors. Not verified. Your opine. Ariel: The Green Light, Flip the Switch. A Digital Asset Conference: The Green Light (Flip The Switch). I am hearing that there is a big press meeting tomorrow by Chairman John Boozman House Financial Services Committee Chairman French Hill & House Agriculture Committee Chairman G.T. Thompson who will hosting. Tuesday, February 4 at 2:30PM ET, to discuss how the Trump Administration & Congress will work together to secure America as a leader in the digital asset ecosystem. I think this will be the official kick off point. Because we now know Iraq is ready. • Budget (Passed) • Kurdistan Oil Agreement (Settled) • Salaries Payments (Covered For The Year). Which means the ER has been inked. And once this digital conference takes place we should know where we stand in this investment. Because Paper/Digital are 1-1 parity. Everything will be tokenized. Meaning USD will have a digital version RLUSD. Which will be equal in value. This is why it’s important to watch the development of the digital assets like XRP. Because Iraq will use this for international transactions. You do not have to own digital currency in order to exchange your paper Iraqi Dinar. Once XRP becomes a part of the Strategic Reserve the value will go up in my opinion. Majeed: Since Japan will use crypto as of today (it’s already Wednesday there) for Cross for the payment Sounds like tomorrow Trump will flip the switch for crypto …. Marking the beginning of the new financial system. IQD will follow suit. Chad Steingrabber: From Yoshitaka Kitao directly “XRP begins in Japan today” I told you all that everything will be tokenized. I also showed you all last year that the Iraqi Dinar was paired to XRP. Now you know why we had to wait this long. Everything will be on Blockchain. Which is what DOGE will use to record all payments in the US Treasury. So I do not know why Dems are crying about USAID being shutdown. It’s not like they would be able to use it anymore without the American people knowing what they are doing. Tune in for some potential announcements tomorrow. We should be hearing major news on Digital Asset ecosystem. Donald Trump has a lot planned for the World Fair I presume & it will need some funding. So much innovation coming our way. 3 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted February 5 Author Report Share Posted February 5 Here's some articles of Dinarian interests... Direct From The SANDBOX Report. Joint Statement By The Office Of The PM & The CBI. Treat as rumors. Not verified. Your opine. FROM IRAQI SOURCES: Gold Continues To Rise & Maintains A Historical Level In Iraq. ARTICLE: Stock Exchange Economy News – Baghdad The prices of "foreign and Iraqi" gold rose in the local markets in the capital, Baghdad, today, Tuesday, (February 4, 2025). Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, this morning recorded a selling price for one mithqal of 21 karat Gulf, Turkish & European gold of 595 thousand Dinars, and a purchase price of 591 thousand Dinars. The selling price of one mithqal of 21-karat Iraqi gold reached 565 thousand Dinars & the purchase price was 561 thousand. As for gold prices in goldsmiths’ shops, the selling price of a mithqal of 21-karat Gulf gold ranges between 595,000 and 605,000 Dinars, while the selling price of a mithqal of Iraqi gold ranges between 565,000 and 575,000 Dinars. -Joint Statement By The Office Of The PM The CBI. The government, in cooperation with the CBI, announced today, Tuesday, the launch of a comprehensive initiative for banking reforms, noting that "this step comes as part of the government program aimed at modernizing the banking sector & making it more competitive locally & globally." According to the joint statement issued by the PM's Office & the CBI, received by "Mawazine News", the new reforms include an integrated strategic process that constitutes a turning point in the history of economic development in Iraq. These comprehensive reforms aim to keep pace with developments in the countries of the region & the world & contribute to opening up broader horizons for communication with the outside world in modern banking & financial transactions. These reform efforts were based on several main areas, according to the statement: 1- Strengthening ownership structures & governance frameworks, by enhancing transparency & accountability, by creating diverse ownership structures & ensuring independent oversight of boards of directors over operations & committees. 2- Raising the level and standards of service, by increasing access to basic financial services for all members of the Iraqi people, by enhancing efficiency, increasing the supply of products & modernizing the infrastructure of the banking sector. 3- Harmonization & conformity with international standards, by imposing commitment to recognized frameworks & practices in the areas of combating money laundering & combating the financing of terrorism, as well as commitment to financial transparency. 4- Enhancing financial flexibility, by enhancing the financial safety of Iraqi banks & setting strong requirements for capital and cash liquidity, to protect customer deposits & protect the economy in the face of local & int'l challenges. The statement noted that "the CBI is working to implement & develop regulatory & supervisory frameworks in cooperation with international partners, while the government is working to support the reforms & efforts of the CBI to develop the state of the banking sector. He added, "This initiative comes within the framework of a broader strategy aimed at modernizing the banking sector, as the CBI is currently working to develop it in partnership with Oliver Wyman, a leading global management consulting firm." The government and the CBI confirmed "adopting a common reform vision, which is to establish a modern, transparent & comprehensive banking system that supports the aspirations of the dynamic economy of the Iraqi state. The executive details of these reforms will be presented at a later time," noting that "this initiative constitutes an important step towards achieving sustainable economic growth & enhancing confidence in the Iraqi financial system, which opens new horizons for cooperation & partnerships at the int'l level. -Dollar Exchange Rates In Iraq. Mawazine News publishes today, Tuesday, the ER of the Dollar in Iraq against the Iraqi Dinar in local markets. Selling 151,500 Iraqi Dinars for 100 Dollars. - Purchase 149,500 Dinars for 100 Dollars. -Oil Prices Decline In Global Markets. Baghdad Oil prices fell on Tuesday after U.S. President Donald Trump agreed to suspend heavy tariffs on Mexico & Canada, the US’ biggest foreign oil suppliers, for a month. Brent crude futures fell 41 cents, or 0.5 percent, to $75.55 a barrel, while U.S. West Texas Intermediate crude fell 75 cents, or 1 percent, to $72.41. 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.