U.S. House of Representatives Proposes Digital Asset Market Structure and Investor Protection Law

[IMF Chairman: Bitcoin must be widely accepted to become a currency] International Monetary Fund (IMF) Kristalina Georgieva in a meeting with Bank of the Bahamas Governor John Rolle, the Golden Monet Solo discussion told Governor that Bitcoin could not be separated into a single currency. Georgieva said she was a long way from achieving this goal, saying Bitcoin should be "too large" to be accepted as a currency. Asked about his views on adopting Bitcoin as a viable option in El Salvador, he expressed regret for Bitcoin's mistrust. He also said that the Bitcoin mining process is very energy intensive. Georgieva strongly believes that a digital currency bank will be the safest form of payment. He said the IMF should move forward to provide countries with a platform that can complete the integration of several CBDCs in the future.