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World Bank Refuses To Support El Salvador Bitcoin Rollout, Citing Environmental Concerns

Ian Haworth
World Bank Refuses To Support El Salvador Bitcoin Rollout, Citing Environmental Concerns
Alex Peña/Getty Images

Citing environmental concerns, The World Bank rejected a request from El Salvador to help implement the use of Bitcoin as legal tender.

According to the BBC, the “international lender” also “cited concerns over transparency,” indicating that El Salvador may struggle to meet its deadline of accepting Bitcoin throughout the country within the next three months.

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