This is why the IMF hates Bitcoin

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EdgeBitcoin Regulation

The IMF are widely considered ‘good guys,’ but in reality are responsible for concentrating power and control in the hands of the few.

3 min read

Updated: May 14, 2022 at 5:10 am

This is why the IMF hates Bitcoin

Cover art/illustration via CryptoSlate

Last week, the crypto community was taken aback as the Central Bank of Argentina moved to prohibit retail banks from providing Bitcoin and cryptocurrency services.

In the release, the CBoA said risks are associated with using digital assets, including volatility, the threat of cyber attacks, money laundering, and terrorist financing.

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