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IMF urges El Salvador to remove Bitcoin's status as legal tender

According to the IMF's executive board, the use of Bitcoin as legal tender carried “large risks” related to financial stability, financial integrity and consumer protection.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

IMF urges El Salvador to remove Bitcoin's status as legal tender

According to the IMF's executive board, the use of Bitcoin as legal tender carried “large risks” related to financial stability, financial integrity and consumer protection.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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