Bitcoin and El Salvador Statement from the IMF: The Expected Risk Didn’t Happen

The International Monetary Fund (IMF) stated that the low levels of Bitcoin (BTC) adoption in El Salvador prevented the emergence of risks.

The IMF reported on Feb. 10 that El Salvador is expected to adopt Bitcoin. lack of levels risks anticipated by did not appear stated. The risks are not yet not happening danger not disposed of notable institution, Bitcoin speculative its plans for the country’s financial stability, given its review argued that it should.

In the past, Bitcoin adoption and investment has in default The IMF, which claims that these risks can lead to available but for now, with Bitcoin adoption remaining low did not appear stated.

The IMF reiterates the speculative nature of Bitcoin, reaffirming El Salvador’s bitcoin bond including cryptocurrencies to increase adoption plans for reevaluation argued that it should. State’s Bitcoin process And in the reserves also more transparent was among the views of the IMF.

The institution is responsible for El Salvador’s many years of 2022. to negativity despite unseen at a speed you’re growing up since March 2022 wife in crime an unprecedented reduction And tourism in their income increase reported that.

El Salvador due 800 million dollars While repaying the bond, President Nayib Bukele reacted to Bitcoin (BTC) criticism.

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