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IMF Warns Against Adopting Crypto Assets Like Bitcoin as Legal Tender

IMF Warns Against Adopting Crypto Assets Like Bitcoin as Legal TenderThe International Monetary Fund (IMF) has warned against adopting cryptocurrencies, like bitcoin, as legal tender. Noting numerous risks and costs involved, the IMF does not see crypto assets catching on as a national currency. IMF Warns of Risks in Adopting Cryptocurrencies as National Currency The International Monetary Fund (IMF) published a blog post on Monday […]

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World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency Issues

World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency IssuesThe World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank cited bitcoin’s “environmental and transparency shortcomings” as the reason. World Bank Won’t Help El Salvador With Bitcoin Law The World Bank said on Wednesday it cannot help El Salvador implement the law making bitcoin legal […]

Roaring Kitty hit with new lawsuit over alleged GameStop pump-and-dump scheme