In order to accept a $1.4 billion loan from the IMF, El Salvador had to change some of its cryptocurrency laws.
Bitcoin may no longer be legal tender in El Salvador, but Bitcoiners in the country haven't given up on the mission.
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CCN on MSNEl Salvador Bends the Knee on Bitcoin, Complies With IMFEl Salvador’s Congress passed a bill on Jan. 29 to amend key aspects of its Bitcoin law. The changes align with conditions ...
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this ...
Recently, officials in the Central American country of El Salvador approved amendments to its controversial Bitcoin law in ...
El Salvador was the first country to allow Bitcoin as an official means of payment. The IMF demanded the withdrawal of the ...
Central American countries will also gradually scale back their partnership with Chivo, the Bitcoin e-wallet El Salvador launched in 2021. The plan is to either privatize or shutter Chivo.
El Salvador has rushed to approve an amendment that will keep it compliant with the terms of its $1.4 billion IMF loan.
The Central American country snapped up another 11 Bitcoin for its national reserve as crypto prices slumped this week.
El Salvador has added 50 BTC to its reserves in the past month, continuing its Bitcoin accumulation strategy despite ...
The new amendments remove the requirement for businesses to accept Bitcoin as payment, making its use voluntary across the ...
Recently, officials in the Central American country of El Salvador approved amendments to its controversial Bitcoin law in order ... in the crypto e-wallet (Chivo) will be gradually unwound.
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