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The IMF has been asking El Salvador for changes regarding its bitcoin law since its adoption in 2021.

Coin Desk

Manila

Metro Manila

Philippines

IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin

Cointelegraph

IMF pressures El Salvador to overhaul Bitcoin regulations

The International Monetary Fund (IMF) has reiterated its concerns about El Salvador's extensive engagement with Bitcoin. The topic was addressed by IMF spokesperson Julie Kozack during a press conference on Thursday. The organisation has been consistent in cautioning the country about the risks of crypto activity given the volatile nature of virtual digital assets. At present, the IMF is working with the Financial Stability Board (FSB) to draft …

NDTV Gadgets 360

Gautam Adani

IMF Asks El Salvador to Narrow Scope of Bitcoin Law, Limit Public Exposure

All Sides

The international organization still thinks Nayib Bukele's bet on Bitcoin was a bad idea.

decrypt.co

New York

United States

IMF Urges El Salvador to Narrow Bitcoin Experiment

The IMF is still unhappy with El Salvador’s use of bitcoin at a sovereign level, and it's pressing hard at the negotiation table.

CryptoPanic

Bitcoin makes IMF hesitant to issue new loans to El Salvador

While doubtlessly forward-thinking, El Salvador’s Bitcoin experiment has not gone over well with international financial and regulatory bodies — the International Monetary Fund (IMF) has been a key critic since the beginning. The international body made renewed calls for reforms during program talks on October 3.  El Salvador is a pioneer in terms of cryptocurrency adoption. The Central American country was the first state to adopt Bitcoin (BTC)…

Finbold

IMF urges El Salvador to scale back Bitcoin law

El Salvador has doubled down on its Bitcoin moves despite ongoing pressure from the International Monetary Fund (IMF) regarding the country’s use of the digital asset. On Oct. 4, Juan Carlos Reyes, President of the National Commission on Digital Assets (CNAD), announced that the Central American country’s lawmakers had passed “important amendments to the CNAD law.” Bitcoin moves According to him, these changes grant the CNAD authority to regulat…

CryptoSlate

El Salvador doubles down on Bitcoin, defies IMF concerns

IMF Urges El Salvador to Limit Bitcoin Use and Strengthen Regulatory Framework The International Monetary Fund (IMF) has called on El Salvador to scale back its Bitcoin policies, urging the country to narrow its Bitcoin Law, strengthen regulation, and reduce public sector exposure to the cryptocurre...

http://coinprofitnews.com

IMF Urges El Salvador to Limit Bitcoin Use and Strengthen Regulatory Framework

🚀 Stay Ahead with AltcoinDaily.co! 🌐 In a press conference on October 3, the International Monetary Fund (IMF) reiterated its calls for El Salvador to revise its Bitcoin policies, advocating for a reduction...

Cardano Feed

IMF Renews Pressure on El Salvador to Push for Bitcoin Regulatory Overhaul · Cardano Feed

The International Monetary Fund (IMF) has once again urged El Salvador to revisit its approach to Bitcoin and tighten its regulatory framework for the digital currency. During an October 3 press conference, IMF representatives reiterated their concerns about the nation’s decision to make Bitcoin legal tender, calling for reforms in its handling of the cryptocurrency. […]

Bitcoin Insider

IMF intensifies push for El Salvador to rein in Bitcoin and tighten crypto regulations

Nayib Bukele

Cryptocurrency

Bitcoin

San Salvador

San Salvador Department

El Salvador

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IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin

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