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Lawmakers in El Salvador Rush New Bitcoin Reform
El Salvador Ends Bitcoin’s Legal Tender Status Amid IMF Pressure
El Salvador cancels Bitcoin’s legal tender status, making its use voluntary while Bitfinex Securities expands investment options with BMN2.
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El Salvador has rescinded Bitcoin’s status as a full legal tender in order to close a deal with the International Monetary Fund (IMF), leaving Bitcoin (BTC) advocates split over what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.
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 quickly approves Bitcoin law to comply with the IMF’s deal
El Salvador’s Legislative Assembly has approved amendments to its Bitcoin law to align with a deal struck with the International Monetary Fund (IMF) for a loan. The decision will slightly shift the country’s approach to crypto regulation,
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 adds 5 more Bitcoins to strategic reserves
El Salvador bought 5 more BTC in the last 24 hours, bringing its total Bitcoin holdings to roughly 6055 BTC, valued at $618.9 million. The country continues to increase its holdings even though only about 8% of the Salvadorian population uses Bitcoin for transactions.
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).
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 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 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
Yahoo Finance
3d
El Salvador Passes Change to Bitcoin Law, Sparking Bond Gain
El
Salvador
’s Ambassador to the US Milena Mayorga ... fame as a Bitcoin pioneer and pitting his country against the
IMF
, which objected to the idea. After years of negotiation, Bukele relented ...
2d
Nayib Bukele sticks to ‘Bitcoin piggy bank’ strategy, but is it working?
El Salvador continues to expand its national Bitcoin holdings as President Nayib Bukele predicts an “exponential” surge in ...
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