Lawmakers in El Salvador rush new bitcoin reform after IMF deal
3 days ago · Lawmakers in El Salvador rush new bitcoin reform after IMF deal. By Reuters. January 30, 2025 1:33 AM UTC Updated ago. Item 1 of 5 A woman passes by the Bitcoin …
El Salvador Modifies Bitcoin Law to Secure IMF Deal
1 day ago · IMF Deal Drives El Salvador’s Bitcoin Law Rollback. The law change follows El Salvador’s agreement with the IMF, which set conditions for the country to access a $1.4 …
El Salvador Rushes to Approve Bitcoin Law Amendment to Comply With IMF ...
2 days ago · The IMF had been pressuring El Salvador since 2021 to scale back its pro-Bitcoin fiscal policy, claiming the approach raised “a number of macroeconomic, financial and legal …
El Salvador Bends the Knee on Bitcoin, Complies With IMF
2 days ago · El Salvador has caved to pressure from the International Monetary Fund (IMF), agreeing to amend its Bitcoin law in order to secure a critical multi-billion-dollar aid package. …
Failure or 5D chess? El Salvador IMF deal walks back Bitcoin …
El Salvador has rescinded Bitcoin’s status as a full legal tender in order to close a deal with the International Monetary Fund (IMF), leaving Bitcoin (BTC) advocates split over what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 ...
El Salvador says it will keep buying bitcoin despite IMF warning
Dec 19, 2024 · El Salvador said on Thursday it would keep buying bitcoin, possibly at an accelerated pace, a day after the government reached a financing agreement with the …
IMF Pushes El Salvador To Narrow Bitcoin Law For Funding
Oct 4, 2024 · The International Monetary Fund stated that if El Salvador doesn’t get rid of its Bitcoin Bitcoin +0.2% law, which made bitcoin legal tender in the country, it should at least …
El Salvador Made Bitcoin an Official Currency. Now It’s …
The government of El Salvador’s President Nayib Bukele agreed to scale back his ambitious plan to adopt bitcoin as a national currency in exchange for a much-needed $1.4 billion loan by the...
IMF urges El Salvador to remove Bitcoin as legal tender - BBC
Jan 26, 2022 · When El Salvador introduced the virtual currency as a legal tender, the government released a new digital wallet app, giving away $30 (£22) in Bitcoin to every citizen.
El Salvador Amends Bitcoin Law in $1.4 Billion IMF Fund Deal
Dec 19, 2024 · El Salvador’s IMF Deal Includes Bitcoin, Tax, and Fiscal Reforms. As part of the agreement, El Salvador will amend its Bitcoin Law to make Bitcoin acceptance voluntary rather …