April 18, 2024



IMF sees legal, economic issues with El Salvador’s bitcoin move


By Rodrigo Campos, Karin Strohecker


The International Monetary Fund said on Thursday it has economic and legal concerns regarding the move by El Salvador to make bitcoin a parallel legal tender, further clouding the outlook for an IMF-backed program and widening spreads on the country’s bonds.

Read more… https://www.reuters.com/business/finance/imf-sees-legal-economic-issues-with-el-salvador-bitcoin-move-2021-06-10/