IMF plans to meet with El Salvador’s president, potentially discussing move to adopt Bitcoin
Cointelegraph
Published Jun 10, 2021 05:00PM ET
Updated Jun 10, 2021 06:40PM ET
The International Monetary Fund has said El Salvador’s recent decision to make Bitcoin legal tender in the country may raise legal and financial concerns.
In a Thursday press briefing from the International Monetary Fund, or IMF, spokesperson Gerry Rice said the group was already in discussions with lawmakers in El Salvador over a loan to support the country’s economy, having approved emergency funds related to the pandemic last year. However, Rice said an IMF team would be meeting with President Nayib Bukele today and implied crypto would be a likely topic for discussion.
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Written By: Cointelegraph
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