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 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.
El Salvador amends Bitcoin law to comply with IMF deal, making acceptance voluntary
El Salvador amended its Bitcoin law to comply with an IMF deal, ensuring voluntary acceptance while maintaining its legal tender status.
El Salvador rushes Bitcoin reform ahead of $1.4 billion IMF loan deal, BTC recovers from China AI shock
Bitcoin island, El Salvador, reformed its policies for a $1.4 billion loan deal from the International Monetary Fund (IMF), according to a Reuters report. The nation’s Congress approved a bill to amend its Bitcoin law and comply with the IMF’s requirement to make the acceptance of BTC voluntary.
El Salvador Reforms Bitcoin Law, Scaling Back State Involvement Amid IMF Agreement
El Salvador scales back Bitcoin law, making BTC acceptance voluntary while securing an IMF deal, yet remains committed to crypto adoption.
El Salvador Bends the Knee on Bitcoin, Complies With IMF
El Salvador’s Congress passed a bill on Jan. 29 to amend key aspects of its Bitcoin law. The changes align with conditions set by the
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Planned parastatal restructure can enhance resource efficiencies
However, I commend recent IMF requirement that Kenya rationalises its parastatals to cut out public resource wastage, while achieving sustainable efficiencies. A Cabinet resolution last week itemised ...