International Monetary Fund (IMF): Risks Posed By Bitcoin Exchange Should Be Mentioned

2021-11-23 07:47
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On November 23, the International Monetary Fund (IMF) praised El Salvador's efforts to improve the economy and growth, but said it would have to address the risks posed by Bitcoin as fiat, the new ecosystem. payment and Bitcoin exchange. Given the volatile nature of Bitcoin's price, its use as a fiat currency could pose a significant risk to consumer protection, financial justice, and financial security. Its use can also lead to an increase in financial debt. (Ten of gold)

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2021-11-23 07:36