IMF Pushes Against Bitcoin for El Salvador
(InformingNews.com) – In September 2021, El Salvador took a progressive step toward altering its economy by making bitcoin legal tender. The country was the first in the world, outside the United States, to make cryptocurrency a legal tender. But now, an international body is telling the nation’s leaders they should reconsider this decision. On January 25, an International Monetary Fund (IMF) report urged El Salvador to stop using bitcoin as a legal currency. The IMF …