Cryptocurrencies: 6453 / Markets: 40870 Market Cap: 24h Vol:
ZyCrypto
2021-06-11 15:47:17

El Salvador’s Legal Bitcoin Tender Could Have Grave Repercussions, IMF Warns

The International Monetary Fund (IMF) has responded with criticism to El Salvador’s decision to adopt bitcoin as a legal tender, saying that the move will likely lead to unforeseen economic risks and regulatory complications. According to a statement by IMF’s Spokesperson Gerry Rice, the adoption of Bitcoin as a legal tender in the country could […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer