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'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 Nayib Bukele's vision to transform the small Central American nation into a bitcoin paradise.
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.
The lesson of El Salvador’s failed Bitcoin experiment
El Salvador’s Bitcoin experiment ends as IMF loans loom. There are significant implications for developing nations seeking economic autonomy.
El Salvador Reforms Bitcoin Laws While Securing $1.4B IMF Agreement
The new amendments remove the requirement for businesses to accept Bitcoin as payment, making its use voluntary across the private sector.
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.
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.
The Tico Times4d
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 ...
Yahoo Finance7d
Salvadoran town hopes Trump brings 'good times' for bitcoin
Bitcoin enthusiasts seeking to turn a mountain town in El Salvador into a cryptocurrency ... Australia and Ireland came to live in the city and collaborate with the project.
Reuters7d
Lawmakers in El Salvador rush new bitcoin reform after IMF deal
SAN SALVADOR, Jan 29 (Reuters) - 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 ...
The Tico Times6d
Trump Effect Drives Bitcoin Growth in Small El Salvador Town
Bitcoin enthusiasts seeking to turn a mountain town in El Salvador into a cryptocurrency haven hope that ... Australia and Ireland came to live in the city and collaborate with the project. “I ...
Kansas City Star9d
Athena Bitcoin Global CEO Matias Goldenhörn to Speak at Plan ₿ Forum El Salvador
SAN SALVADOR, EL SALVADOR / ACCESS Newswire / January 28, 2025 / Athena Bitcoin Global proudly announces that its CEO, Matias Goldenhörn, will be a featured panelist at the upcoming Plan ...