It’s a Bad Idea To Give Legal Tender Status to Cryptoassets Such As Bitcoin, Says IMF

By cryptoglobe.com on July 27, 2021

On Monday (July 26), the International Monetary Fund (IMF) explained in a blog post why it is a bad idea for countries to pass laws to make cryptoassets (such as Bitcoin) national currencies instead of creating their own central bank digital currencies (CBDCs).

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Related coins: Bitcoin, Status