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 buys 12 Bitcoin in a day, bringing reserve to 6,068 BTC
El Salvador has again stocked up its growing Bitcoin reserve, buying 12 Bitcoin in the last day amid a dip in the crypto ...
El Salvador abolishes Bitcoin as a currency again
El Salvador was the first country to allow Bitcoin as an official means of payment. The IMF demanded the withdrawal of the ...
Reason7d
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 ...
CoinTelegraph6d
The lesson of El Salvador’s failed Bitcoin experiment
Just look toward El Salvador for proof, where President Nayib Bukele abandoned his Bitcoin legal tender revolution in favor of international development loans. The new status quo has been made ...
TheStreet.com7d
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 ...
thecurrencyanalytics5d
El Salvador Expands Bitcoin Holdings Despite Market Dip
El Salvador buys 12 more BTC, boosting its holdings to 6,068. Despite Bitcoin trading below $100K, the country continues to accumulate Bitcoin while adjusting its laws to meet IMF conditions.
Yahoo Finance7d
El Salvador amends bitcoin law following IMF loan deal
El Salvador's Congress has passed a bill introduced by President Nayib Bukele to reform the country's Bitcoin law, in line with an agreement with the International Monetary Fund (IMF), reported ...