White House's Kudlow again says no dollar intervention

Section:

By Ryan Haar
Bloomberg News
Friday, August 2, 2019

White House economic adviser Larry Kudlow said today the administration would not undertake currency intervention, one week after President Donald Trump explicitly said he had not ruled out taking steps on the dollar.

"We have ruled out any currency intervention," Kudlow said in a Bloomberg Television interview, answering a question about Trump's July 26 dollar remarks, which directly contradicted his own comments a few hours earlier on the topic.

"He said having a strong dollar -- there's a reason it's so good," Kudlow said of the president. "I stand by those remarks." ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2019-08-02/white-house-s-kudlow-...


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Kinesis Engages Contis to Launch UK, European Debit Card for Its Digital Gold and Silver Currencies

Company Announcement
Tuesday, June 4, 2019

LONDON -- Today Kinesis Money announces the initiation of its U.K. and E.U. debit card program with Contis Group, the award-winning platform as a service that provides end-to-end banking and payments solutions. Kinesis has selected Contis for its European and UK debit card solutions and has officially started developments, scheduled for release in Q4.

The release of these euro- and pound-denominated debit cards will cement Kinesis' position in the market as a formidable global fintech player. The Kinesis debit card will allow Kinesis' clients in the U.K. and Europe to easily and efficiently use their Kinesis currencies to make purchases anywhere that has a merchant facility, as well as withdraw funds via global ATM networks. ...

... For the remainder of the announcement:

http://www.gata.org/files/Kinesis-Contis-06-04-2019.doc



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