El Salvador Bends the Knee on Bitcoin

Failure or 5D chess? El Salvador IMF deal walks back Bitcoin adoption
El Salvador has rescinded Bitcoin’s status as a full legal tender in order to close a deal with the International Monetary Fund (IMF), leaving Bitcoin (BTC) advocates split over what this means for adoption in the country.
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
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.
Did El Salvador's IMF Deal Signal A Step Back From Bitcoin Adoption Or A Strategic Move In 5D Chess?
El Salvador announced a historic agreement with the International Monetary Fund (IMF), paving the way for the country's adoption of Bitcoin as legal tender. This groundbreaking development signifies a significant step forward in the country's efforts to incorporate digital currencies into its economic framework.
El Salvador Congress Amends Bitcoin Laws to Meet IMF Agreement on Crypto Exposure
El Salvador has approved amendments to its Bitcoin laws, aligning with a deal struck with the IMF to scale back its crypto exposure.
News Explorer — El Salvador Trims Bitcoin Law After IMF Agreement
El Salvador has agreed to scale back its pro-Bitcoin legislation after striking a deal with the IMF, making Bitcoin acceptance voluntary for businesses. The country also plans to unwind the Chivo wallet and stop accepting tax payments in cryptocurrency.
El Salvador rushes in new Bitcoin law to comply with IMF deal: Report
El Salvador has quickly passed a bill to amend its Bitcoin law, making it voluntary for businesses to accept the asset as payment, Reuters reported.
El Salvador Congress Approves Reforming Bitcoin Law After IMF Deal
El Salvador’s Congress has swiftly approved a proposal from President Nayib Bukele to reform the country’s Bitcoin law after its IMF deal.
El Salvador approves new bill to comply with IMF deal
El Salvador’s Congress has approved a bill to change its Bitcoin law to comply with a deal it struck with the International Monetary Fund (IMF).
Lawmakers in El Salvador rush new bitcoin reform after IMF deal
SAN SALVADOR - 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 Passes Change to Bitcoin Law, Sparking Bond Gain
El Salvador’s dollar bonds rose the most in emerging markets Thursday after lawmakers approved changes to the nation’s Bitcoin law that were needed to secure an International Monetary Fund loan.Most R
El Salvador Moves To Overhaul Bitcoin Law Amid IMF Deal
El Salvador's legislative assembly has passed a major reform to its bitcoin law, a move aimed at aligning the country's ...
The United States is following El Salvador's playbook — Web3 exec
The United States is currently following in the footsteps of El Salvador, according to Michele Crivelli, the founder of ...