š“ **The USA does not want a global financial reset from the UN ā especially regarding taxes and climate**
ā The USA is trying to *weaken key provisions* of the proposed reform of the global financial system, being prepared for the UN FFD4 conference in June.
ā Washington opposes:
⢠mentions of **climate**, **gender equality**, and **sustainability**
⢠the introduction of **global taxes** on pollution and extreme wealth
⢠reforming **credit ratings** and aid to developing countries
ā Instead of reforms ā only an "acknowledgment of the need for sustainability." Without commitments.
ā The USA's allies in the "anti-reform" stance: Russia, China, Saudi Arabia.
ā All of this is part of the strategy of the Trump administration, which, starting in 2025, emphasizes national interests and withdrawal from international agreements.
š Impact on the crypto market ā indirect. Weakening global financial rules may hinder the advancement of common regulatory standards for crypto and digital assets.
Historical fact: The USA also did not support the G20 initiative for global taxation of multinational corporations in 2021 ā the same logic.
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