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IMF urges El Salvador to abandon bitcoin

... The loan was requested by El Salvador in 2021, Bloomberg reports. To obtain it, the approval of the Board of Directors of the IMF is required, however, the board suggests issuing a loan only on the condition of abandoning bitcoin. The fund fears risks ... ... dollars. According to the publication, El Salvador could have lost about $ 20 million. In addition, the country is actively mining bitcoins on the volcano - using environmentally friendly cheap energy from a renewable source. It is assumed that this ...

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