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Senior State Department Official Advises El Salvador To Pay Attention To Bitcoin Regulation
Summary: According to the Agence France-Presse report, Victoria Nuland, a senior official of the U.S. State Department and Deputy Secretary of State for Political Affairs, met with El Salvador’s President Nayib Bukele and advised him to supervise Bitcoin after it becomes legal tender. She said: “I do advise the President, Whatever El Salvador chooses to do, ...
According to the Agence France-Presse report, Victoria Nuland, a senior official of the U.S. State Department and Deputy Secretary of State for Political Affairs, met with El Salvador’s President Nayib Bukele and advised him to supervise Bitcoin after it becomes legal tender.
She said: “I do advise the President, Whatever El Salvador chooses to do, you must ensure that it is well regulated, it is transparent, it is responsible, and you protect yourself from malicious actors.”
Bukele's crypto initiative caused different reactions. The Central American Bank for Economic Integration is willing to support the country’s efforts in this regard, while the International Monetary Fund and the World Bank expressed their concerns.
By Mary Liu
Tags: Bitcoin,El Salvador,Nayib Bukele,Regulation,Victoria Nuland
Link: Senior State Department Official Advises El Salvador To Pay Attention To Bitcoin Regulation [Copy]
