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Bitcoin, El Salvador and IMF
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El Salvador has rescinded Bitcoin’s status as a full legal tender in order to close a deal with the International Monetary Fund (IMF), leaving Bitcoin (BTC) advocates split over what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 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 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.
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 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.
El Salvador merchants no longer obliged to accept bitcoin
Merchants in El Salvador, the first country to make bitcoin legal tender, will no longer be obliged to accept the cryptocurrency as payment, under a reform adopted to comply with
1d
on MSN
Nayib Bukele sticks to ‘Bitcoin piggy bank’ strategy, but is it working?
If El Salvador’s President Nayib Bukele stood firm on his country’s Bitcoin gambit during the darkest days of the last crypto ...
2d
on MSN
Bonos de El Salvador repuntan tras aprobación de reforma de Ley Bitcóin
Los bonos en dólares de El Salvador registraban el jueves las mayores alzas de los mercados emergentes después de que la ...
blockonomi
1d
Bitfinex Securities to Launch Bitcoin Mining Tokenized Product in El Salvador
Bitfinex Securities plans to launch Blockstream Mining Note 2 (BMN2) in El Salvador in Q1 of this year, according to a report ...
23h
on MSN
The United States is following El Salvador's playbook — Web3 exec
NexBridge founder Michele Crivelli says the US is following in the footsteps of El Salvador in terms of crypto adoption.
CoinDesk
9d
Bitcoin Rises to $106K as Trump Slated to Call Bukele, El Salvador's Crypto-Friendly President
El Salvador started accumulating BTC under Bukele's leadership, fueling speculation about Trump's strategic reserve promises.
2d
Why a top crypto analyst sees bitcoin hitting $130,000 by March
Bitcoin could top fresh records in the coming days, with prices soaring to as high $130,000 in the coming months, Standard ...
1d
on MSN
Tether’s stablecoin to be integrated on Bitcoin Lightning
Tether said it’s bringing its namesake stablecoin to Bitcoin through the layer 2 scaling service, the Lightning Network.
Latin Times
2d
Salvadoran Town Hopes Trump Brings 'Good Times' For Bitcoin
Located 110 kilometers (68 miles) east of the capital San Salvador, Berlin has emerged as a rival to El Zonte, the surf town ...
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