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.
7 answers
Sat Jan 11 2025
This recommendation was made in order to limit the public sector's exposure to Bitcoin.
Sat Jan 11 2025
The IMF made a renewed appeal to El Salvador on Oct. 1.
Sat Jan 11 2025
The appeal was regarding the country's Bitcoin policies.
Sat Jan 11 2025
The IMF's communications director, Julie Kozack, was the one who made the recommendation.
Sat Jan 11 2025
Kozack suggested that El Salvador should narrow the scope of its Bitcoin Law.