Cryptocurrency Q&A Should the IMF scale back its bitcoin policy in El Salvador?

Should the IMF scale back its bitcoin policy in El Salvador?

Thu Jan 09 2025 | 7 answers 1575
El Salvador has recently adopted Bitcoin as legal tender. However, there are concerns about the potential risks and implications of this decision. Given this, there is a debate on whether the IMF should scale back its bitcoin policy in El Salvador. Should the IMF scale back its bitcoin policy in El Salvador?

7 answers

Sat Jan 11 2025
This recommendation was made in order to limit the public sector's exposure to Bitcoin.

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Sat Jan 11 2025
The IMF made a renewed appeal to El Salvador on Oct. 1.

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Sat Jan 11 2025
The appeal was regarding the country's Bitcoin policies.

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Sat Jan 11 2025
The IMF's communications director, Julie Kozack, was the one who made the recommendation.

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Sat Jan 11 2025
Kozack suggested that El Salvador should narrow the scope of its Bitcoin Law.

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