Unless he releases them himself.
The example of El Salvador as the first state in the world to recognize bitcoin as a legal tender does not yet inspire governments of other countries so actively. Agency Bloomberg reports that the Deputy Minister of Finance of Malaysia this week ruled out the possibility of using already existing cryptocurrencies as a legal official means of payment.
Image Source: Bloomberg
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Fluctuations in the exchange rate and threats from the point of view of information security do not allow cryptocurrencies whose issuers are not government agencies to act as a reliable means of payment, according to the official. On the other hand, the Malaysian central bank is ready to consider issuing an official digital currency (CBDC), so the authorities are moderately progressive on this issue.
