IMF urges El Salvador to dissolve the $150 million Bitcoin trust fund, scale back its Bitcoin pushNews India (All States)

IMF urges El Salvador to dissolve the $150 million Bitcoin trust fund, scale back its Bitcoin pushNews India (All States)

The IMF also recommended eliminating the offer of $30 as an incentive for people to start using the digital wallet ‘Chivo’ and increasing regulation of the digital wallet to protect consumers.IMF suggested there could be benefits to the use of Chivo, but only using dollars, not Bitcoin

source https://www.livemint.com/news/world/imf-urges-el-salvador-to-dissolve-the-150-million-bitcoin-trust-fund-scale-back-its-bitcoin-push-11643417381675.html