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El Salvador amends Bitcoin law
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.
El Salvador Buys the Bitcoin Dip, Snaps Up Further 11 BTC
The Central American country snapped up another 11 Bitcoin for its national reserve as crypto prices slumped this week.
El Salvador buys 11 more Bitcoin, boosting reserves to 6,067 BTC
El Salvador bought 11 more Bitcoins on February 4 to boost its BTC strategic reserve. The country had earlier adopted a style of acquiring one BTC per day but has lately accelerated its Bitcoin purchases.
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).
Failure or 5D chess? El Salvador IMF deal walks back Bitcoin adoption
The IMF was not ready to extend a loan to El Salvador without concessions on the country’s ongoing Bitcoin adoption efforts.
El Salvador buys more Bitcoin while adjusting policies for IMF
El Salvador has added 50 BTC to its reserves in the past month, continuing its Bitcoin accumulation strategy despite adjusting regulations to meet International Monetary Fund (IMF) conditions. On Saturday, the country purchased another 5 BTC, bringing its total Bitcoin holdings to approximately 6,055 BTC, valued at over $606 million.
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.
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 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 boosts Bitcoin reserves amid policy shift
El Salvador expanded its Bitcoin holdings, acquiring an additional 11 BTC for its national reserve. The purchase, valued at approximately $1.1 million based on current prices, raises the country's total Bitcoin stockpile to 6,067 BTC, now estimated to be worth around $600 million.
2h
El Salvador abandons Bitcoin legal tender experiment - media
The reform has reportedly been adopted to comply with conditions set by the IMF for a 14 billion loan Read Full Article at RTcom ...
3d
on MSN
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 ...
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