The International Monetary Fund (IMF) has told El Salvador to water down the law enforced last year that made bitcoin (BTC) legal tender – and the country’s President Nayib Bukele has responded with a dismissive Twitter meme using footage from the TV show “The Simpsons.”
Meanwhile, bitcoin is moving up today, despite this latest pressure. At 9:32 UTC, BTC is up 3.7% over the prior 24 hours, trading at USD 37,824. It’s down nearly 11% in a week. …
Read More: Cryptoverse Laughs Off IMF Bitcoin Threats to El Salvador With Memes, BTC Rises