World Bank Refuses To Help El Salvador Implement Bitcoin, Citing “Transparenc...

World Bank Refuses To Help El Salvador Implement Bitcoin, Citing “Transparenc...

Revealing misunderstandings, the World Bank has rejected El Salvador's request for assistance in implementing a bitcoin standard.As reported by Reuters, the World Bank has responded negatively to El Salvador's request for help in fully implementing bitcoin as legal tender in the country, citing concerns about Bitcoin’s transparency and environmental impact."We are committed to helping El Salvador in numerous ways including for currency transparency and regulatory processes," a World Bank spokesperson told Reuters via email. "While the government did approach us for assistance on bitcoin,....


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