IMF plans to meet with El Salvador’s president, potentially discussing move to adopt Bitcoin

IMF plans to meet with El Salvador’s president, potentially discussing move to adopt Bitcoin

CointelegraphCointelegraph10 Jun 2021 | 00:00 am
The International Monetary Fund has warned that the adoption of Bitcoin as legal tender in El Salvador may raise legal and financial concerns. The IMF is already in discussions with the country's lawmakers over a loan to support the country’s economy, having approved emergency funds related to the pandemic last year. However, an IMF team would be meeting with El Salvador's President Nayib Bukele today.