Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Coin63@ on June 15, 2021, 01:13:42 PM
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El Salvador is edging ever closer to fulfilling its President Nayib Bukele’s Bitcoin (BTC) dreams – with external help on its way, although voices of disdain continue to warn of impending financial peril if Bukele gets his way.
Per Reuters and AFP (via El Economista), the head of the Central American Bank for Economic Integration (the Banco Centroamericano de Integración Económica or BCIE) has stated that the organization will “provide technical assistance” to El Salvador as its moves to make BTC legal tender in September this year.The bank’s chief, Dante Mossi, was quoted as stating that it would work with El Salvador’s finance ministry and its central bank to “select a team to work on the implementation.”
Mossi, who was speaking at a virtual conference, warned that “in the anonymous world of cryptocurrencies, there may be bad players,” meaning that the adoption of “a regulatory framework that allows the government to have control” of crypto usage was paramount. He also ruled out the possibility of the BCIE adopting BTC, stating that the bank’s finances would continue to be conducted in USD.source (https://cryptonews.net/809923/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)