Bitcoin News / Bitcoin.com - 10 months ago
The International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and oversight of the cryptocurrency, and limit public sector exposure. The IMF remains engaged with the country to support ref...
More / Bitcoin Reddit - 10 months ago
I ran some rough calculations comparing El Salvador’s current 27% return on their Bitcoin investments to what might have happened if they had followed the IMF’s advice and taken a $1.4 billion loan. Bitcoin holdings have gone up by about $27.4...
Cryptocoins News / CoinJournal - 10 months ago
The IMF wants El Salvador to limit “public sector exposure to Bitcoin”
The financial agency’s remarks follow an August statement, which talked about “mitigat[ing] the risks from Bitcoin”
The International Monetary Fund...
More / Bitcoin Reddit - 11 months ago
"On Bitcoin, while many of the risks have not yet materialized, there is joint recognition that further efforts are needed to enhance transparency and mitigate potential fiscal and financial stability risks from the Bitcoin project."...