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The World Bank Will Not Help El Salvador With the Implementation of Bitcoin

The World Bank declared yesterday that it wouldn’t, we mean, couldn’t help El Salvador implement Bitcoin citing environmental and transparency shortcomings.

“We are committed to helping El Salvador in numerous ways including for currency transparency and regulatory processes. While the government did approach us for assistance on bitcoin, this is not something the World Bank can support given the environmental and transparency shortcomings,” declared a spokesperson for the World Bank.

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