JP Morgan Hammers El Salvador’s Move To Embrace Bitcoin As Legal Tender

JP Morgan is criticizing El Salvador’s decision to adopt Bitcoin (BTC) as a legal tender. In a report titled “The Bitcoinization of El Salvador” shared by Documenting Bitcoin on Twitter, the banking giant says that the Central American nation’s recent embrace of Bitcoin is not motivated by stability concerns. The bank adds that the move may […] The post JP Morgan Hammers El Salvador’s Move To Embrace Bitcoin As Legal Tender appeared first on The Daily Hodl.