IMF says discussions with El Salvador are ongoing, bitcoin concern persists

NEW YORK, June 24 (Reuters) – The Worldwide Financial Fund mentioned on Thursday discussions between IMF employees and El Salvador are ongoing, whereas the Fund’s issues concerning the Central American nation’s transfer to undertake bitcoin as a authorized tender stay.

“The discussions between our employees and the authorities in El Salvador on potential assist from the IMF… are persevering with,” mentioned IMF spokesman Gerry Rice in a press convention, restating that the Fund sees macroeconomic, monetary and authorized points with the bitcoin adoption that “require cautious evaluation.”