As Inner City Press Asks
IMF of GENIUS Act IMF Offers
Praise and Caution on El Salvador
by
Matthew Russell Lee
NYC,
July 24 –
When the IMF held its biweekly
embargoed press briefing on
July 24, Inner City Press was
able to ask the Fund's
spokesperson Julie Kozack two
cryptocurrency questions.
After the
signing of the GENIUS Act on
stablecoins into US law, Inner
City Press asked of the
implications of this
legitimization of digital
assets. Spokesperson Kozack
offers some praise of the Act,
and some cautions. Video.
Inner City Press also
asked 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
coming on
IMF's website.
***
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