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Bitcoin.com

2023-02-12 09:00:24

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of bitcoin. However, the United Nations financial agency warns that if its legal tender

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