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3232IMF Warns Against Adopting Crypto Assets Like Bitcoin as Legal Tender
https://www.digit.info/imf-warns-against-adopting-crypto-assets-like-bitcoin-as-legal-tender/
Wed, 28 Jul 2021 02:00:20 +0000https://www.digit.info/2021/07/28/imf-warns-against-adopting-crypto-assets-like-bitcoin-as-legal-tender/Read more]]>The 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 […]
]]>Bitcoinization: JPMorgan Notes ‘Similarly Situated’ Countries Could Make Bitcoin Legal Tender Like El Salvador
https://www.digit.info/bitcoinization-jpmorgan-notes-similarly-situated-countries-could-make-bitcoin-legal-tender-like-el-salvador/
Sun, 13 Jun 2021 01:30:31 +0000https://www.digit.info/2021/06/13/bitcoinization-jpmorgan-notes-similarly-situated-countries-could-make-bitcoin-legal-tender-like-el-salvador/Read more]]>JPMorgan struggles to “see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” Commenting on El Salvador’s bitcoinization, JPMorgan did not rule out that the country’s move to make the cryptocurrency legal tender may be “the beginning of a broader trend among similarly situated, smaller nations.” JPMorgan’s Opinion on […]
The 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 […]
JPMorgan struggles to “see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” Commenting on El Salvador’s bitcoinization, JPMorgan did not rule out that the country’s move to make the cryptocurrency legal tender may be “the beginning of a broader trend among similarly situated, smaller nations.” JPMorgan’s Opinion on […]