World Bank rejects El Salvador request for help in adopting bitcoin1 min read 18 Jun 2021, 06:36 AM IST
El Salvador uses the US dollar as its official currency, but its legislature approved a measure on June 9 that will allow the volatile cryptocurrency to be used for all transactions starting in September, becoming the first nation to do so
The World Bank rejected a request from El Salvador for assistance in its bid to adopt bitcoin as a currency, a spokesperson for the Washington-based development lender said Thursday.
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