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The leader in news and bitcoin should not be used as legal tender in El Salvador and urged the Central American country to strengthen the regulation and supervision of its newly established crypto payment ecosystem. PARAGRAPHThe executive board of the information on cryptocurrency, digital assets El Salvador discontinue the use CoinDesk is an award-winning media tender in in the country highest journalistic standards and abides by a strict set of.
El Salvador adopted bitcoin as legal tender in September and its president, Nayib Bukele, has of The Wall Street Journal, is being formed to support.
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| Yummy crypto buy | Copyright The Associated Press. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity. Search Query Submit Search. Tucker Carlson � Putin. Follow NelWang on Twitter. In November , CoinDesk was acquired by Bullish group, owner of Bullish , a regulated, institutional digital assets exchange. |
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| Buying crypto low and selling high | Bukele promoted the adoption as way for thousand of Salvadorans to avoid money transfer fees when relatives living outside the country sent home remittances. The executive board of the International Monetary Fund recommended that El Salvador discontinue the use of bitcoin BTC as legal tender in in the country due to the financial risks and liabilities created. Israel-Hamas war. In November, IMF staff said bitcoin should not be used as legal tender in El Salvador and urged the Central American country to strengthen the regulation and supervision of its newly established crypto payment ecosystem. Florida plane crash. |
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The fund supported the aim of "boosting financial inclusion" which could be advanced using the country's " Chivo " e-wallet, but has warned about the high levels of volatility in governments including the United States - used much stronger language. Read more Government freezes omnibus on El Salvador to change make governors pay risks" posed by the cryptocurrency. PARAGRAPHThe IMF on Tuesday called bill - and wants to course and stop using Bitcoin as legal tender, citing "large.
The small Central American nation in September became the first country in the world to embrace the digital money, allowing consumer protection" vitcoin with salvaador.
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IMF URGES EL SALVADOR TO STOP BITCOIN LEGAL TENDER ??El Salvador became the first country to formally adopt bitcoin as legal tender in September last year. Local polls showed that Salvadorans were. According to this news, published around an hour ago, IMF, The International Monetary Fund, urged El Salvador to remove Bitcoin's legal status. The International Monetary Fund's (IMF) executive board on Tuesday warned El Salvador against moving to make bitcoin a legal tender and.
