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El Salvador amends Bitcoin law
El Salvador Backs Away From Its Bitcoin Experiment
In order to accept a $1.4 billion loan from the IMF, El Salvador had to change some of its cryptocurrency laws.
El Salvador changes Bitcoin rules to qualify for $1.4 billion in IMF cash
Recently, officials in the Central American country of El Salvador approved amendments to its controversial Bitcoin law in order to guarantee a $1.4 billion loan with the International Monetary Fund (IMF),
El Salvador amends bitcoin law following IMF loan deal
The government secured a $1.4bn loan from the IMF, prompting a cautious approach to Bitcoin after the lender's recommendation.
The lesson of El Salvador’s failed Bitcoin experiment
The International Monetary Fund wants to keep you down. Just look toward El Salvador for proof, where President Nayib Bukele abandoned his Bitcoin legal tender revolution in favor of international development loans.
El Salvador Reverses Bitcoin Legal Tender Status Under Pressure From IMF: Report
El Salvador has reportedly removed the legal tender status of Bitcoin (BTC) after less than four years because of pressure from the International Monetary Fund (IMF).
El Salvador buys more Bitcoin while adjusting policies for IMF
El Salvador has added 50 BTC to its reserves in the past month, continuing its Bitcoin accumulation strategy despite adjusting regulations to meet International Monetary Fund (IMF) conditions. On Saturday, the country purchased another 5 BTC, bringing its total Bitcoin holdings to approximately 6,055 BTC, valued at over $606 million.
Failure or 5D chess? El Salvador IMF deal walks back Bitcoin adoption
The IMF was not ready to extend a loan to El Salvador without concessions on the country’s ongoing Bitcoin adoption efforts.
El Salvador Buys the Bitcoin Dip, Snaps Up Another $1.1 Million
The Central American country snapped up another 11 Bitcoin for its national reserve as crypto prices slumped this week.
El Salvador Ends Bitcoin’s Legal Tender Status Amid IMF Pressure
El Salvador cancels Bitcoin’s legal tender status, making its use voluntary while Bitfinex Securities expands investment options with BMN2.
El Salvador buys 11 more Bitcoin, boosting reserves to 6,067 BTC
El Salvador bought 11 more Bitcoins on February 4 to boost its BTC strategic reserve. The country had earlier adopted a style of acquiring one BTC per day but has lately accelerated its Bitcoin purchases.
El Salvador Rushes to Approve Bitcoin Law Amendment to Comply With IMF Loan Terms
El Salvador has rushed to approve an amendment that will keep it compliant with the terms of its $1.4 billion IMF loan.
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Media reports El Salvador revoking Bitcoin legal tender
El Salvador’s Congress has voted to revoke Bitcoin’s status as legal tender, reversing a groundbreaking decision made in 2021. The reform, passed on ...
4d
on MSN
The United States is following El Salvador's playbook — Web3 exec
The United States is currently following in the footsteps of El Salvador, according to Michele Crivelli, the founder of ...
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