JPMorgan Analysts Question Bitcoin’s Benefits for El Salvador’s Economy
El Salvador's recognition of Bitcoin as legal tender is not expected to bring the state notable economic benefits, according to JPMorgan analysts.News and topics related to El Salvador.
JPMorgan Analysts Question Bitcoin’s Benefits for El Salvador’s Economy
El Salvador's recognition of Bitcoin as legal tender is not expected to bring the state notable economic benefits, according to JPMorgan analysts.
IMF sees risks in Salvadoran bitcoin payments legalisation
El Salvador's decision to recognise the first cryptocurrency as an official means of payment could pose a number of risks and regulatory issues. IMF spokesperson Gerry Rice said.
Experts weigh Bitcoin’s impact on El Salvador’s economy: it cannot get worse
As El Salvador, which at the legislative level recognized Bitcoin as a means of payment, created a precedent for other states. For the country itself, this move could bring both an inflow of investment and a capital outflow. This was stated by experts polled by ForkLog.
El Salvador’s president proposes Bitcoin mining powered by volcanic energy
El Salvador's President Nayib Bukele has ordered the state-owned LaGeo, which runs geothermal energy, to draft a plan for mining Bitcoin.We use cookies to improve the quality of our service.
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