Bitcoin Is an Official Currency in This Country

Bitcoin Is an Official Currency in This Country

Bitcoin Is an Official Currency in This Country

Ephrat Livni
Oscar Lopez

Ephrat Livni and Oscar Lopez🏦 Reporting on cryptocurrency

What are the risks of adopting Bitcoin?

Experts say adopting Bitcoin could bring instability and unnecessary risk to El Salvador’s fragile economy. International financial regulators have also voiced legal concerns.

The World Bank and the International Monetary Fund say making Bitcoin an official currency could leave a country open to money laundering and other illicit financial activity.

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