Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities that El Salvador is opening for other countries to receive help from international institutions like the IMF even when adopting bitcoin as legal tender. Latam Insights Encore: El […]
El Salvador Stands Firm on Bitcoin, Defying IMF’s Renewed Call to Drop BTC as Legal Tender
El Salvador has reaffirmed its commitment to embracing bitcoin despite the International Monetary Fund’s repeated calls for the country to drop the cryptocurrency as legal tender. The Salvadoran vice president emphasized that not only will El Salvador’s bitcoin law be maintained but at this moment the cryptocurrency also “enjoys the greatest credibility in the entire […]