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The U.S. Justice Department has dissolved its Crypto Enforcement Team, shifting focus to serious criminal cases like cartels and terrorism, following insights from a recent IMF report on crypto risks.
The Bank of Korea expresses concerns over Bitcoin's volatility and its compliance with IMF standards for foreign exchange reserves.
President Bukele of El Salvador asserts that the nation will continue to acquire bitcoin, contradicting stipulations from the recent IMF agreement limiting such actions.
The IMF has limited El Salvador's bitcoin usage, stating it remains a minor payment method due to volatility and public mistrust.
El Salvador agrees to concessions for IMF funding, including the potential closure of its Chivo cryptocurrency wallet.
The International Monetary Fund reiterates its calls for stricter regulations on Bitcoin in El Salvador, highlighting ongoing concerns since the currency's legalization.
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