Cryptheory: NFT, Play-to-Earn, Crypto News

24/7 crypto news, cryptocurrency meaning, guides, learning, #cryptohelpschildren

El Salvador: Finance minister launches retaliation after IMF criticism

2 min read


Cryptheory recently reported that the International Monetary Fund (IMF) had harshly criticized El Salvador’s BTC policy. The finance minister there does not let this sit on his back. Rather, he recently in an interview with the Channel 21 retaliated. Alejandro Zelaya explained in it according to media reports, not to think at all of moving away from the previous strategy. He said that no international organization will force El Salvador to do anything. He saw the IMF’s request as a clear affront to the country’s independence. zelaya added that it is logical for the IMF to point out the state’s debt. Because there have been situations in the past in which questions of the state budget were not tackled with the necessary zeal.

“It is logical that the IMF highlights negative situations of the country’s debt, there are situations that we have been dragging from previous administrations”

IMF has doubts about El Salvador’s solvency

The IMF last week recommended that El Salvador liquidate the $150 million trust fund established when cryptocurrency became legal tender. All funds not used should flow back to the state treasury. The organization cited concerns about volatility in BTC prices and the possibility of criminals using the cryptocurrency.

Zelaya countered that El Salvador has complied with all regulations on financial transactions and money laundering. The trust fund was intended to allow for the automatic conversion of BTC into US dollars. Above all, this should allay the skepticism of people who reject BTC because of its volatility. The US dollar is currently El Salvador’s other official currency.

There is no risk of default in the country. El Salvador has consistently met all of its international and domestic debt obligations and will continue to do so

, explained the finance minister on the state of the country. El Salvador and the IMF have been negotiating a $1.3 billion loan for months.

How to buy, sell and create NFT on OpenSea

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

2 thoughts on “El Salvador: Finance minister launches retaliation after IMF criticism

  1. Frog Fortunes Slot RTG Slots (60 Free Spins) no Deposit Bonus RTG has developed another slot game and it is name Frog Fortunes Slot. Almost every month Real Time Gaming… Its welcome bonus is interesting in that, rather than a single first deposit bonus, FOX Bet spreads the bonus over your first three deposits. You’ll get a 100% match on each of these up to $500, for a total bonus of $1,500. You’ll also get a random Mystery Chest bonus on the second and third deposits. Free online slots with bonus rounds are undoubtedly better games to play for fun and for real money with high player’s chances of winning. Without prizes, one would get a feeling that the slots are plain and independent of our choices. That’s not all. They enrich itself by giving the player multiple outcomes, rely on the symbol combinations. You will be missing a golden opportunity if you don’t visit the N1 Casino’s live dealer section. It encapsulates the best of Evolution as a software developer. We were able to find literally every dealer-operated casino game we could think of, and we are sure so will you. Occasionally, you may see other gaming providers featured too. One thing we know for sure – N1 Casino online in Canada is trading paint with the best Canadian live casino sites in this heated race for dominance! N1 Casino has a dedicated customer service team that is available 24 hours a day, 365 days a year through live chat or email ( Additional casino info is accessible in the Frequently Asked Questions (FAQ) section, which may be found in the site’s footer. In our N1 Casino review we will explain all you need to know about this exciting casino. We tell you how you can claim your free welcome bonus and guide you through the bonus terms and conditions, we discuss all the casino games, check out the live casino and test the quality of the help desk. We take a look at the history and reliability of N1 Casino and list all the pros and cons of playing at this online casino, so that you can make up your own mind whether N1 might be a suitable place for you to gamble. So do read on in our special high roller review of N1 Casino and find out why you should perhaps register at this exciting casino!

  2. Zusätzlich zu Lux Blackjack können Sie in unserem Online-Casino noch mehr Blackjack-Spiele genießen, jedes mit seinen eigenen aufregenden Merkmalen! Die folgenden Spiele finden Sie ebenfalls in unserem umfangreichen Spielangebot:- Black Jack Casino: ein besonders stilvolles Blackjack-Spiel.- Royal Crown Blackjack: ein wahrer Online-Klassiker! In den Internet Casinos findet ihr mehrere tausend Online Spielautomaten. Natürlich gibt es welche, die aus der Masse herausstechen. Bei uns könnt ihr nicht nur Testberichte zu den Top Slots und sie kostenlos spielen. In unserer Slot Galerie findet ihr die beliebtesten Echtgeld Slots mit einer einfach zu bedienenden Sortierfunktion. Die beliebtesten Casino Spiele können Sie auf kostenlos ohne Anmeldung spielen. Wir bieten Spielern in Deutschland mehr als 10.000 Top Casino Spiele gratis ohne Registrierung an. Dazu gehören nicht nur Online Slots, sondern auch Roulette, Blackjack, Bingo, Keno, Poker und mehr. Grundsätzlich stehen Live Spiele und progressive Jackpots nicht im Spielmodus in der Online Spielothek zur Verfügung. Wie viele andere Online-Spielotheken hat PartySlots im Herbst 2020 das Angebot umfassend umgebaut und sogar den Namen geändert. Der Begriff „Casino“ darf so nämlich nicht mehr verwendet werden, wenn man sich an die voraussichtlich ab Juli 2021 geltenden Regelungen des dann geänderten Glücksspielstaatsvertrages hält. Ich bin mit dem Party Casino zufrieden. Die Spiele passen. Aber warum ich hier schreibe ist, dass ich euch einen kleinen Tipp geben möchte: wer nachfrägt bekommt nämlich in diesem online Casino einen extra Bonus geschenkt. Ich war etwas länger nicht online und wollte moch dann wieder anmelden. Einen Bonus gab es aber nicht. Also dachte ich ich bin mal frech und frage. Habe dann fast den gleichen Bonus wie neue Spieler bekommen … tolle Sache … probierts aus

Leave a Reply

Your email address will not be published.