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Showing Tag: "rina chandran and thomson reuters foundation more countries are regulating cryptocurrencies" (Show all posts)

More countries are regulating cryptocurrencies, fearing systemic risk from the volatile digital currencies

Posted by Rina Chandran and Thomson Reuters Foundation on Friday, February 18, 2022, In : Technical Analysis 


By Rina Chandran

Jan 26 (Thomson Reuters Foundation) - The International Monetary Fund (IMF) has urged El Salvador to drop bitcoin as a legal tender, citing risks to the nation's financial stability and consumer protection, joining a growing chorus of countries clamping down on private digital currencies.

The Central American nation became the first in the world to adopt bitcoin as legal tender in September alongside the U.S. dollar, with authorities saying it will help save residents remittanc...


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