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

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

3 years ago
Anonymous $LNMzUc6XNz

https://www.reuters.com/article/us-el-salvador-bitcoin-imf/imf-sees-legal-economic-issues-with-el-salvadors-bitcoin-move-idUSKCN2DM1TP

NEW YORK/LONDON (Reuters) -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.

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

Jun 10, 2021, 9:38pm UTC
https://www.reuters.com/article/us-el-salvador-bitcoin-imf/imf-sees-legal-economic-issues-with-el-salvadors-bitcoin-move-idUSKCN2DM1TP >NEW YORK/LONDON (Reuters) -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.