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World Bank Not On Board with El Salvador’s Bitcoin Plans

The World Bank rejected El Salvador’s inquiry for assistance as the nation looks to become the first to make Bitcoin an official, legal tender. So reports The New York Post.

El Salvadore flag 1040590 640A representative from the bank cited “environmental and transparency shortcomings” as the reason for the decision. El Salvador’s Finance Minister Alejandro Zelaya had initially sought technical assistance from the World Bank in order to implement its adoption.

Read the full article from The New York Post.

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