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IMF urges El Salvador to scale back its push for Bitcoin as legal tender

Summary by Ground News
The trust fund was intended to allow the automatic conversion of Bitcoin to U.S. dollars. The IMF also recommended eliminating the offer of $30 as an incentive for people to start using the digital wallet. El Salvador and the IMF have been negotiating $1.3 billion in lending for months.

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  • 58% of the sources lean Left
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MY Northwest broke the news in Tacoma, United States on Friday, January 28, 2022.
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