Bank of Spain Criticizes El Salvador's Foray Into Bitcoin

christinamilinyte
2022-10-28 06:41:43

Bank of Spain Criticizes El Salvador's Foray Into Bitcoin

ErikVoorhees
2022-10-28 06:54:11

The Bank of Spain, the central bank of the country, criticized the adoption process El Salvador chose when declaring Bitcoin legal tender last month. In a report titled “The role of crypto assets as legal tender: the example of El Salvador,” the bank examines several pain points the country encountered... See more for yourself