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US diplomat expresses hope for financial tensions between IMF and El Salvador


US Undersecretary of State for Political Affairs Victoria Nuland met with El Salvador’s Vice President Vice President Buchel on Wednesday as part of a regional tour. He expressed hope that the dispute between El Salvador and the International Monetary Fund (IMF) over the acceptance of bitcoin by this country would be resolved.

to the the report Quinn Desk, a senior US diplomat, has expressed hope that El Salvador and the International Monetary Fund will agree on their differences over the country’s new bitcoin law.

According to a Reuters report on Thursday, US Undersecretary of State for Political Affairs Victoria Nuland met with El Salvador’s Vice President Buckle on Wednesday as she continued her regional tour.

The Central American country is the first country to recognize Bitcoin as a legal tender on June 8 (June 18) and is scheduled to enforce the law on September 7 (September 16) this year.

The International Monetary Fund, which oversees global economic growth and financial stability, has previously expressed concern about El Salvador’s intentions.

Gerry Rice, a spokesman for the International Monetary Fund, had previously said that El Salvador’s decision would create problems for the country’s macro-economy, finances and legal system, which would require “very careful analysis”.

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