| Inner City Press Asks IMF
of Crypto Interest or Yield
Payments US Banks Oppose Bitcoin
Cited
by
Matthew Russell Lee
NYC,
Nov 13 –
When the IMF held its biweekly
embargoed press briefing on
November 13, Inner City Press
was able to ask the Fund's
spokesperson Julie Kozack
about lobbying by US banks
against cryptocurrency
platforms paying interest or
yield under the GENIUS Act,
about the market structure
legislative proposals by
Senators Boozman and Booker,
and stablecoins.
Ms. Kozack
said overall that stablecoins
will have a major impact on
international payment systems,
and praised secured assets
over unsecured - she named
Bitcoin as the example.
She also
said that the IMF's Article IV
consultation with the US has
been delayed, citing the
government shutdown ended on
November 12.
Presiously, IMF
spokesperson Kozack in
response to Inner City Press'
July questions on crypto
offered some praise and some
cautions. Video.
Inner City
Press also asked in July if El
Salvador is in fact merely
moving Bitcoin it already owns
between its own wallets,
rather than buying more - that
seems to be the case. Video
More video,
including of
November 13,
coming on
IMF's website.
***
Your
support means a lot. As little as $5 a month
helps keep us going and grants you access to
exclusive bonus material on our Patreon
page. Click
here to become a patron.
Feedback:
Editorial [at] innercitypress.com
SDNY Press Room
500 Pearl Street, NY NY 10007 USA
Mail: Box 130222, Chinatown Station,
NY NY 10013
Reporter's mobile (and weekends):
718-716-3540
Other, earlier Inner City Press are
listed here,
and some are available in the ProQuest
service, and now on Lexis-Nexis.
Copyright 2006-2024 Inner City
Press, Inc. To request reprint or other
permission, e-contact Editorial [at]
innercitypress.com
|
,
