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jiraporn66
18 Apr 2022 - 06:25:28
470 Posts
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The International MonetarySLOTFund (IMF) has warned the government of El Salvador. Stop using bitcoins to pay off debt legally.

On January 26, 2022, the AFP news agency reported that the International Monetary Fund (IMF) has issued a warning to the government of El Salvador to change its mind and stop using bitcoin as a legal tender. Tokens are a huge risk.

Central American nations like El Salvador. It announced itself as the first country in the world to legalize the daily use of cryptocurrencies. Allows consumers to use it in all trades along with US Dollars. Since September 2021

The latest IMF calls for El Salvador to rethink the matter. It comes at a time when cryptocurrencies have plummeted on Wall Street in recent days. It's a different movie with a record-breaking value last year.


PHOTO : REUTERS/Yuri Gripas
The IMF team had previously called on Salvador President Nayib Bukele. Rethinking how to make bitcoin the center of the country's finances This latest statement uses stronger words. After the IMF board meeting attended by members of various governments, including the United States.


A statement from the IMF board said: “Ask the authorities to narrow down the Bitcoin law. by removing Bitcoin's legal settlement status," and "reiterating that there is a huge risk that the use of Bitcoin will affect financial stability. financial stability and consumer protection.”

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