El Salvador’s ‘limited’ use of Bitcoin prevents forecasted risks, says IMF By Cointelegraph
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© Reuters El Salvador has been advised by the global monetary watchdog to exercise caution in expanding government exposure to (BTC) due to the “speculative nature” of crypto markets.
A Feb. 10 statement from the International Monetary Fund (IMF) emphasized that Bitcoin’s risks to El Salvador have “not materialized” yet due to the country’s “limited” use of Bitcoin, after IMF staff visited the country last week.
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© Reuters El Salvador has been advised by the global monetary watchdog to exercise caution in expanding government exposure to (BTC) due to the “speculative nature” of crypto markets.
A Feb. 10 statement from the International Monetary Fund (IMF) emphasized that Bitcoin’s risks to El Salvador have “not materialized” yet due to the country’s “limited” use of Bitcoin, after IMF staff visited the country last week.
Continue Reading on Coin Telegraph
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