El Salvador changes Bitcoin rules

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.
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 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 Scraps Bitcoin Legal Tender Status to Secure $1.4B IMF Loan
Despite policy changes, El Salvador remains committed to Bitcoin through continued investments and new crypto initiatives.
Lawmakers in El Salvador rush new bitcoin reform after IMF deal
El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib Bukele to amend its bitcoin law to comply with a deal with a key international lender to make acceptance of the cryptocurrency voluntary.
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 abandons Bitcoin legal tender experiment - media
The reform has reportedly been adopted to comply with conditions set by the IMF for a 14 billion loan Read Full Article at RTcom
El Salvador Walks Back Its Bitcoin Law
Four years after becoming the first country to adopt bitcoin as legal tender, El Salvador is taking a step back. The Legislative Assembly has approved changes to the country's Bitcoin Law, effectively removing bitcoin's status as legal currency.
El Salvador’s Evolving Bitcoin Policy Amid IMF Constraints
El Salvador has recently updated its cryptocurrency policy following an agreement with the International Monetary Fund (IMF) that imposes limits on the official use of Bitcoin. Under the IMF conditions formalized in December as part of a $1.
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 ...
The Daily Hodl1d
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 ...
The Tico Times3d
El Salvador Abandons Bitcoin as Legal Tender After Failed Experiment
Bitcoin was never used by most Salvadorans, its modern city was never built, and now it will cease to be legal tender in El Salvador, the first country in the world to adopt it in 2021: a ...
Benzinga.com6d
El Salvador Changes Bitcoin Law But Legal Tender Status Remains
Under the new framework, Bitcoin remains legal tender, but businesses will no longer be obligated to accept it as a means of payment. The IMF had previously recommended limiting El ...
crypto2community1d
El Salvador Adds 11 Bitcoin to National Reserve, Total Reaches 6,067 BTC
El Salvador adds 11 Bitcoin to its reserve, boosting total holdings above 6,000 BTC despite policy shifts and IMF reforms ...
Intellinews on MSN1d
El Salvador's bitcoin dream falters despite lofty crypto hub ambitions
El Salvador has quietly scaled back its ambitious cryptocurrency experiment, marking a significant reversal of President ...