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IMF Sees Risks After El Salvador Makes Bitcoin Legal Tender
El Salvador’s adoption of Bitcoin as legal tender may imply a series of risks and regulatory challenges, International Monetary Fund spokesman Gerry Rice said Thursday.
www.bloomberg.com
Bitcoin hit highs above $38,000 on Thursday after the Basel Committee’s proposal gave banks a green light to hold the leading cryptocurrency and other digital assets.
Bitcoin Peeps Above $38K on Basel News
The top cryptocurrency hit a high of $38,461 during the European hours, extending Wednesday's double-digit rally.
www.coindesk.com