IMF Continues to Urge El Salvador to Strengthen Regulatory Framework and Oversight of Bitcoin

IMF Continues to Urge El Salvador to Strengthen Regulatory Framework and Oversight of Bitcoin

by Jeremy

This is not the primary time IMF has warned El Salvador. Most not too long ago, in August, the IMF stated one thing comparable when it declared in an announcement that “whereas most of the dangers haven’t but materialized, there’s joint recognition that additional efforts are wanted to reinforce transparency and mitigate potential fiscal and monetary stability dangers from the Bitcoin challenge.” At the moment, the IMF additionally stated that “extra discussions on this and different key areas stay crucial.”

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