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El Salvador changes Bitcoin rules
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 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 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.
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 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’s Evolving Bitcoin Policy Amid IMF Constraints
El Salvador has recently updated its cryptocurrency policy following an agreement with the International Monetary Fund (IMF) that imposes limits on the official use of Bitcoin. Under the IMF conditions formalized in December as part of a $1.
1h
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 ...
The Daily Hodl
22h
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 ...
decrypt
4d
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.
2d
on MSN
El Salvador purchases 2 additional BTC in a single day
El Salvador has purchased two additional Bitcoin in a single day, as El Salvador's National Bitcoin Office hints at an ...
5d
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 ...
coinspeaker
8d
Poland Surpasses El Salvador in Bitcoin ATM Count, Becomes Fifth-Largest Crypto ATM Hub Globally
Poland has surpassed El Salvador in the global Bitcoin ATM rankings, securing its place as the fifth-largest crypto ATM hub ...
7h
on MSN
El Salvador Goes Bigger on Bitcoin: Daily Purchase Jumps 10x Amid Market Slump
El Salvador cashed in on the market slump Monday to add 11 Bitcoins (CRYPTO: BTC), worth over $1 million, to its strategic ...
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