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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.
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),
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 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.
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 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’s Evolving Bitcoin Policy Amid IMF Constraints
Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.
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 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.
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 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.
Crypto News Flash
1d
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.
crypto2community
19h
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 ...
Hosted on MSN
1d
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 ...
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