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From EL FARO ENGLISH: Finance Could Be Bukele s Achilles Heel
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El Salvador postpones Bitcoin bond
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El Savador postpones Bitcoin bond
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El Salvador highlights two Bitcoins approved by the IMF for Business and Economic News
The finance minister of the Central American country assured the International Monetary Fund (IMF) that El Salvador has no intention of abandoning the dollar.
El Salvador will not replace the U.S. dollar with Bitcoin as legal tender, Finance Minister Alejandro Zelaya said on Wednesday as the Central American nation asked the World Bank for technical assistance in implementing Bitcoin regulations.
This month, El Salvador was the first country to adopt Bitcoin as a legal license, and President Nayib Bukele noted the potential of cryptocurrency as a remittance of Salvadoran money abroad.
El Salvador stresses to IMF that both Bitcoin, dollars accepted
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