IMF acknowledges progress in El Salvador’s Bitcoin strategy – CryptoSlate

The International Monetary Fund (IMF) has recognized the advancements made in El Salvador’s Bitcoin strategy. The country’s decision to adopt Bitcoin as legal tender has been met with mixed reactions, but the IMF acknowledges that progress is being made in implementing this new financial approach. El Salvador’s move to embrace cryptocurrency has sparked debate among economists and policymakers worldwide, but the IMF’s recognition of the country’s efforts signals a step towards acceptance of this innovative financial technology.