Today news
About the same in other media
Bitcoin adoption won’t affect IMF talks, says El Salvador’s top central banker
Reading now: 719
Douglas Rodriguez, president of the Central Reserve Bank of El Salvador, has dismissed fears that the country adopting Bitcoin (BTC) as legal tender will scupper plans for a $1.3-billion loan facility from the International Monetary Fund (IMF).
According to Bloomberg on Tuesday, Rodriguez stated that the central bank does not see any risks associated with the Bitcoin Law even as it prepares to secure an extended loan facility from the IMF.
Indeed, the central bank described El Salvador’s Bitcoin Law as only having “upside risks,” with Rodriguez stating that a BTC bull run could help the country’s economy expand by over 9% more than initial forecasts.
According to Rodriguez, the central bank has explained to the IMF that “Bitcoin is simply a
Read more on cointelegraph.comAbout this in other media
Top cryptocurrency prices today: Shiba Inu, Solana soar 12%; Ethereum tanks 4% economictimes.indiatimes.com /3 years ago
Top cryptocurrency prices today: Dogecoin zooms 24%; Shiba Inu tanks 24% economictimes.indiatimes.com /3 years ago
Bitcoin slips below $60,000 on profit-taking economictimes.indiatimes.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
