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El Salvador Says No to IMF on Bitcoin
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[QUOTE="Yusra3, post: 211207, member: 31907"] The public authority of El Salvador has dismissed a proposal by the International Monetary Fund (IMF) to drop bitcoin as legitimate delicate in the country.The IMF encouraged El Salvador last week to drop bitcoin's utilization as legitimate delicate and break down Fidebitcoin, the $150 million trust store made for the Bitcoin law. El Salvador's Finance Minister Alejandro Zelaya told a nearby TV channel that bitcoin is an issue of "power." According to the media, he indignantly said.As indicated by its examination, "In the close term the genuine expenses of executing Chivo and operationalizing the Bitcoin law surpass likely advantages," the IMF expressed in its new report on El Salvador. The International Monetary Fund likewise suggested that El Salvador's administration begin charging expenses for the utilization of its advanced wallet, Chivo. Also, the IMF needs the Salvadoran government to quit offering $30 in bitcoin to anybody joining to utilize the Chivo wallet. [/QUOTE]
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El Salvador Says No to IMF on Bitcoin
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