IMF urges El Salvador to scale back its push for Bitcoin as legal tender
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13 Articles
13 Articles
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Left
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Center
3
Right
2
IMF urges El Salvador to scale back its push for Bitcoin as legal tender
The International Monetary Fund says that El Salvador should dissolve the $150 million trust fund it created when it made the cryptocurrency Bitcoin legal tender and return any of those unused funds to its treasury.
·Washington, United States
Read Full ArticleIMF urges El Salvador to dissolve the $150 million Bitcoin trust fund
The IMF also recommended eliminating the offer of $30 as an incentive for people to start using the digital wallet ‘Chivo’ and increasing regulation of the digital wallet to protect consumers.IMF suggested there could be benefits to the use of Chivo, but only using dollars, not Bitcoin
·New Delhi, India
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Total News Sources13
Leaning Left7Leaning Right2Center3Last UpdatedBias Distribution58% Left
Bias Distribution
- 58% of the sources lean Left
58% Left
L 58%
C 25%
R 17%
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