Central Banks Wrestle With the Crypto Conundrum
When visiting El Salvador, be sure to bring sunscreen, a long-lens camera to memorialize its bountiful biodiversity and … Bitcoin. But have some U.S. dollars on hand just in case local merchants don’t accept it.
On this week’s episode, we dive into the disparate ways in which global leaders approach digital currencies, from the Salvadoran embrace to the tentative exploration by central banks. Tiny El Salvador, population 6.5 million, was the first country to make Bitcoin legal tender, providing a test case for its widespread use. Bloomberg reporter Michael McDonald filed a…
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