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The Daily Hodl
2021-06-11 18:45:47

IMF Concerned With El Salvador’s Monumental Move Toward Bitcoin Adoption

The International Monetary Fund (IMF) says El Salvador’s decision to make Bitcoin (BTC) legal tender poses potential risks that must be assessed. This week El Salvador became the first country in the world to treat the benchmark cryptocurrency as a legal payment instrument, approving a new law that requires businesses to accept Bitcoin in exchange […]The post IMF Concerned With El Salvador’s Monumental Move Toward Bitcoin Adoption appeared first on The Daily Hodl.

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