IMF urges El Salvador to scale back its Bitcoin push

IMF urges El Salvador to scale back its Bitcoin push

2 years ago
Anonymous $dEyjbtEkMr

https://apnews.com/a9e4d781b091ee1234e1dfeab8778c42

NEW YORK (AP) — The International Monetary Fund said Friday that El Salvador should dissolve the $150 million trust fund it created when it made the cryptocurrency Bitcoin legal tender and return any of those unused funds to its treasury.

The recommendation was part of the international lender’s report on El Salvador’s economy and went beyond its statement earlier this week urging El Salvador to drop Bitcoin as legal tender.

IMF urges El Salvador to scale back its Bitcoin push

Jan 29, 2022, 1:18am UTC
https://apnews.com/a9e4d781b091ee1234e1dfeab8778c42 > NEW YORK (AP) — The International Monetary Fund said Friday that El Salvador should dissolve the $150 million trust fund it created when it made the cryptocurrency Bitcoin legal tender and return any of those unused funds to its treasury. > The recommendation was part of the international lender’s report on El Salvador’s economy and went beyond its statement earlier this week urging El Salvador to drop Bitcoin as legal tender.