Join the larget crypto conference of 2024 in Bitcoin


IMF seeks to provide technical assistance to El Salvador: Bitcoin

IMF seeks to provide technical assistance to El Salvador: Bitcoin 2

The International Monetary Fund jumped in close support to El Salvador to keep it away from any type of possible big risk. 

El Salvador became the first country in the world, which adopted Bitcoin on 7 September 2021. Right now the Central African Republic (CAR) is standing at the second position in terms of Bitcoin adaptive country as a currency. In the race of Bitcoin adoption in the payment system, El Salvador is leading the other countries which are interested in using bitcoin or Crypto in payment systems legally.

Recently local news media outlet reported that spokesman Gerry Rice from International Monetary Fund (IMF) confirmed that IMF jumped officially to talk with the El Salvadoran Govt agencies “on the critical issues that were emphasized by our Executive Board in January”.

Gerry Rice said:

   -----Cryptonews AD----->>> 

BYBIT - Copy Trading

Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at .

  <<<-----Cryptonews AD-----  


“It is part of the ongoing discussions, including the progress of the authorities in the collection of statistics on the use of Bitcoin and other information related to the adoption of Bitcoin as legal tender in El Salvador. Therefore, we provide technical assistance on this topic, the compilation of the use of Bitcoin.”

In short, the IMF agency will figure out the risks associated with the existing framework of El Salvador’s Bitcoin Act, which allows citizens to use Bitcoin in payment methods.

Rice also said that they also talked on the matter of public fund use in Bitcoin purchases, Anti Money Laundering provisions & anti-corruption regulatory framework under the roof of the international standards.

IMF: Bitcoin critic

In the past, the International Monetary Fund organization passed huge negative comments on Cryptocurrencies adoption. More importantly, in the past few months, IMF raised concerns over Bitcoin adoption as Currency and indirectly & directly dragged El Salvador’s Bitcoin law Act under huge numbers of questions.

Recently IMF agency noted that highly corrupt countries showed high inclination towards the cryptocurrencies use.

Read also: Ripple Exec meets PM of Georgia

IMF seeks to provide technical assistance to El Salvador: Bitcoin











Buy bitcoin and other cryptocurrencies on crypto exchanges  Binance ,  Coinbase ,  Kraken  and  Bitfinex !



.Grapefruit Media

Grapefruit Media


Unique Meta Crypto Investing Platform

Unique Meta Crypto Investing Platform



Peer Usdt

Create your free account here…




Read more… 




Read more… 

Create your free account here… 


SUPEREX – The most secure digital asset trading platform of the world!

SUPEREX Digital asset trading network

Read more… 

Create your free account here… 


SPIN2MONEY – Investing Platform

spin2money Investing Platform

Read more… 

Create your free account here… 


SMART PART TIME Investing Platform


Smart Part Time

Read more… 

Create your free account here… 


LIGA FIFA Betting Platform

Liga Fifa Betting Platform

fifa world cup Qatar 2022

Read more… 

Create your free account here… 


Ads by Cryptonews24




Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin. provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice. recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.


Please follow and like us:

Social media & sharing icons powered by UltimatelySocial