Malaysia is exploring the adoption of the gold dinar

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News Date: October 18, 2023

Malaysia is actively exploring the adoption of the gold dinar as a reserve currency, with Prime Minister Datuk Seri Anwar Ibrahim announcing this initiative in the Dewan Rakyat, the lower house of parliament.
An upcoming meeting on Islamic economics and finance in December will serve as a key platform for discussing and evaluating the feasibility and benefits of introducing a gold-backed currency.
This endeavor reflects Malaysia's commitment to sound economic management and its respect for Islamic financial traditions, with potential implications for both domestic and international financial systems.

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What possible motivation could there be for shaking all retail investors out of XRP, and tanking its price? Perhaps it has to do with the actual function of Ripple. Ripple is a major contender for replacing the central banking SWIFT system for international transfers.
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Sources: gesara.news, www.youtube.com, u.today

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Source:coinspeaker.com

Trump's Fed Nominee Advocates a Gold-Backed Currency, Even a Crypto One

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Source:cointelegraph.com

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Additionally, he thinks that everyone should write international laws rather than distinct groups establishing international law for the entire world.
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Source:steemit.com