World Bank declines to help El Salvador adopt bitcoin, citing environmental and transparency concerns

El Salvador plans to work with the Central American Bank for Economic Integration to figure out exactly how the law will be implemented, including what safeguards can be used to prevent bitcoin from being used for illicit purposes, the Salvadoran newspaper El Mundo reported this week. The bank’s president, Dante Mossi, has said that outside experts will be brought in to help consult on best practices.

Source: WP