As reports of a new Covid-19 strain spread, tanking the price of many cryptocurrencies, El Salvador bought the dip. The country has added 100 more
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IMF Warns El Salvador Against Using Bitcoin as Legal Tender After ‘Bitcoin City’ Announcement
The International Monetary Fund (IMF) has warned El Salvador against using bitcoin as legal tender due to various risks associated with cryptocurrency. The warning came
Read moreIMF Report On El Salvador Is Positive… Except For Everything Bitcoin-Related
In a recent report, the IMF praises the way El Salvador handled the COVID-19 situation and announces that their economy grew 10% in 2021. The
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IMF Says Nigerian CBDC Drawing Global Interest, Warns of Associated Risks
The International Monetary Fund (IMF) has acknowledged that the recently launched Nigerian central bank digital currency (CBDC) is attracting interest from many institutions globally, including
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IMF Partly Blames Uncertainty in Nigeria’s Forex Market for Drop in Remittances
The uncertainty that prevails in Nigeria’s foreign exchange market is partly to blame for the plunge in cross-border remittances into the country, an official with
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Bitcoin adoption won’t affect IMF talks, says El Salvador’s top central banker
The country’s central bank chief does not see the recent Bitcoin adoption move hampering plans to secure an IMF loan.
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