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El Salvador angrily rejects IMF call to drop Bitcoin use

El Salvador angrily rejects IMF call to drop Bitcoin use

ABC News
Monday, January 31, 2022 10:19:05 PM UTC

The government of El Salvador has rejected a recommendation by the International Monetary Fund to drop Bitcoin as legal tender

SAN SALVADOR, El Salvador -- The government of El Salvador on Monday rejected a recommendation by the International Monetary Fund to drop Bitcoin as legal tender in the Central American country.

Treasury Minister Alejandro Zelaya angrily said that “no international organization is going to make us do anything, anything at all.”

Zelaya told a local television station that Bitcoin is an issue of "sovereignty.”

“Countries are sovereign nations and they take sovereign decisions about public policy,” he said.

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