The El Salvador government has rejected the International Monetary Fund’s (IMF) proposal to end the use of bitcoin as legal tender in the country.
Associated PressAccording to the news of El Salvador’s Minister of the Treasury Alejandro Zelaya in a statement to a local television station stop accepting bitcoin as legal tender proposing IMFHe reacted to.
In his speech, “No international organization can make us do anything.” Expressing his anger with his statements and saying that bitcoin is a “sovereigntyMinister of the Treasury, stating that it is a matter of Zelaya;
Countries are sovereign nations and make sovereign decisions about public policy.
made statements.
Zelaya is also a part of El Salvador. all financial transaction and money laundering rules He said he was sleeping.
IMF, last week El Salvadorto to stop accepting bitcoin as legal tender had called. It also created when the country put bitcoin on legal tender. 150 million dollars “trust fund“ return to the treasury and Ending the $30 million incentive package for the public to use Chivo, the digital wallet app made recommendations.
President of El Salvador Nayib Bukele if IMFof bitcoin had rejected his recommendation.
IMF Requests El Salvador to Stop Using Bitcoin as Legal Currency
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