| On SEC
Bitcoin ETF
Inner City
Press Asks IMF
Which Says It
Is Studying
also Yemen
Impact
by
Matthew Russell Lee, Patreon Book
Substack
SDNY COURTHOUSE,
Jan 11 – When the
International Monetary Fund
held its embargoed press
briefing on January 11, 2024,
Inner City Press asked for the
IMF's view of the attacks on
ships in the Red Sea and on
the US SEC's approval the day
before of spot Bitcoin EFTs.
The IMF
spokesperson put on the screen
the Fund's Port Watch and
provided statistics on hte
impact on shipping. After
reiterating the IMF's position
on crypto that it has benefits
as well as making monetary
policy more difficult, among
other things, she said the IMF
is studying the SEC's approval
and may have more to say.
Inner City Press
also asked what is the goal of
the IMF's current mission in
Sri Lanka. To assess the
Program, she said, which last
month disbursed $337
million.
Back on September
28 Inner City Press asked the
IMF and crypto, mere days
before the SDNY trial of FTX's
Sam Bankman-Fried on fraud
charges:
"At the G20,
Deputy Managing Director
Gopinath on crypto-currencies
said that 'the good thing is
there’s no talk of banning
crypto I mean the idea that
crypto is tough to ban has
kind of gone through...It’s
going to be much less of the
Wild West with better data and
transparency.' Can you
explain more, and separate
give some/any examples of this
better data and
transparency?"
Video here
Spokesperson
Julie Kozack directed Inner
City Press to the Fund's
recent paper; later in the
briefing she cited concerns at
El Salvador and Bitcoin. Watch
this site.
***
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