El Salvador Asked to Get out of Bitcoin (BTC) by the IMF

El Salvador Asked to Get out of Bitcoin (BTC) by the IMF

There’s been plenty of negative crypto chatter from regulators in recent months. Late last year, the Bank of England stepped into the spotlight, warning of the risks that cryptos pose to financial stability. The central bank also called for a global crypto regulatory framework.

Since then, regulators from around the world have hit the news, with activity spiking at the turn of the year.

The crypto market has had to absorb a number of market shocks, including a proposed ban of cryptos and crypto mining in Russia.