El Salvador amends Bitcoin law

El Salvador Walks Back Its Bitcoin Law
Four years after becoming the first country to adopt bitcoin as legal tender, El Salvador is taking a step back. The Legislative Assembly has approved changes to the country's Bitcoin Law, effectively removing bitcoin's status as legal currency.
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 Scraps Bitcoin Legal Tender Status to Secure $1.4B IMF Loan
Despite policy changes, El Salvador remains committed to Bitcoin through continued investments and new crypto initiatives.
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.
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 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 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.
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 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
El Salvador's bitcoin dream falters despite lofty crypto hub ambitions
El Salvador has quietly scaled back its ambitious cryptocurrency experiment, marking a significant reversal of President Nayib Bukele's vision to transform the small Central American nation into a bitcoin paradise.
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 ...
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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 ...