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El Salvador amends Bitcoin law
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),
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.
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 acquires 12 Bitcoin a day, holds 6,068 BTC
El Salvador — the Central American country famous for adopting Bitcoin (BTC) as its legal tender in 2021 — keeps buying more Bitcoin.
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 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 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 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 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’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.
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El Salvador Bitcoin Reserve Grows Even as IMF Deal Forces Major Amendments
El Salvador holds 60,68 BTC worth $595.65 million, with unrealized profits standing at $167.26 million. The IMF gave numerous ...
cryptopolitan
1d
Bitcoin Below $100K as El Salvador Buys More While DexBoss’ Presale Heats Up
El Salvador isn’t letting go of Bitcoin as it struggles to stay above $100K, while DexBoss is picking up momentum as the next ...
17h
As Rubio ends Latin America tour, Trump relishes prospect of deporting US citizens to El Salvador
Secretary of State Marco Rubio’s trip to Latin America represented a classic exercise of big stick diplomacy, threatening ...
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