El Salvador’s ‘limited’ use of Bitcoin prevents forecasted risks, says IMF By Cointelegraph

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© Reuters.

The global monetary watchdog has advised El Salvador 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 Bitcoin’s risks to El Salvador have “not materialized” yet due to the country’s “limited” use of Bitcoin. IMF staff paid a recent visit to the country.