Tue, 21-Oct-2025

IMF urges El Salvador against using Bitcoin as official currency

El Salvador

SAN SALVADOR: The International Monetary Fund (IMF) on Monday warned El Salvador against using Bitcoin as an official tender given the risks associated with the cryptocurrency, a day after the country announced plans for the world’s first “Bitcoin City”. El Salvador, which has used the US dollar for two decades, became the first country in the … Read more