IMF, Bitcoin and El Salvador
IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin
The IMF has been asking El Salvador for changes regarding bitcoin since 2021, when the Central American country established it as a legal tender. In its latest presentation on El Salvador, the IMF called for the country to also limit public sector exposure to bitcoin.
IMF Adopts Lighter Tone, Urges El Salvador to Narrow Bitcoin Support
The IMF urges El Salvador to reduce Bitcoin support as Bukele pushes ahead with Bitcoinization, despite the IMF’s softened stance.
IMF recommends El Salvador to limit the public’s exposure to Bitcoin
The International Monetary Fund (IMF) has recommended that El Salvador reduce the scope of its Bitcoin law and limit the public’s exposure to Bitcoin.
IMF Urging El Salvador to Limit Bitcoin Use and Tighten Regulations
The IMF urges El Salvador to limit Bitcoin adoption, proposing tighter regulations and reducing public sector exposure to crypto.
IMF Pushes El Salvador To Narrow Bitcoin Law For Funding
The International Monetary Fund stated that El Salvador needs to limit the scope of its Bitcoin Law in order to get funding.
IMF urges El Salvador to scale back Bitcoin law
El Salvador’s Bitcoin adoption has not gone over well with the International Monetary Fund (IMF), a key critic.
IMF Pressures El Salvador to Revise Bitcoin Polices
IMF pressures El Salvador to revise Bitcoin policies amid economic growth and advocates for central bank digital currency adoption
IMF Asks El Salvador to Narrow Scope of Bitcoin Law, Limit Public Exposure
According to Kozack, the IMF has urged El Salvador to limit people's exposure to Bitcoin. The organisation has been asking the administration to rein in its crypto policy over the past three years, since it was declared a legal tender alongside the US dollar in El Salvador back in 2021.
IMF Says Bitcoin Remains Key Element in El Salvador Program Talks
Program talks between the International Monetary Fund and El Salvador focus on strengthening reforms, while addressing risks arising from the use of bitcoin remains a key element of the discussions, the IMF said on Thursday.
El Bitcóin Sigue Siendo "Elemento Clave" En Negociación Entre FMI Y El Salvador
El riesgo que supone el bitcóin, moneda legal en El Salvador, sigue siendo un "elemento clave" de las negociaciones entre el FMI y este país sobre un programa crediticio, afirmó este jueves una portavoz de la organización financiera.
IMF intensifies push for El Salvador to rein in Bitcoin and tighten crypto regulations
The International Monetary Fund (IMF) has once again urged El Salvador to revisit its approach to Bitcoin and tighten its regulatory framework for the digital currency. During an October 3 press conference,
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El Salvador’s Bukele teaches bitcoin to Argentina’s vice-president, sparking interest in BTC and ADA-legal currencies
El Salvador’s President Nayib Bukele met with Argentina’s Vice President Victoria Villaruel to discuss bitcoin-focused ...
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Bukele needs to eliminate bitcoin as legal tender, IMF says
The International Monetary Fund (IMF) has urged Salvadorean President Nayib Bukele to drop the use of bitcoin as legal tender in the country, on the grounds that there are “great risks ...
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El Salvador's Bitcoin Bet Pays Off, Sovereign Bonds Skyrocket 200%, Challenging IMF's Warning
IMF’s 2021 Article IV consultation with El Salvador Despite receiving significant criticism and warnings from international financial entities such as the IMF, Bukele’s strategy for El ...
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Bitcoin Trades at $61K as Global Crypto Developments Unfold
Bitcoin holds steady around $61,000 as global developments unfold, including Ripple's expansion in Brazil, IMF's warnings to ...