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CCN on MSNEl Salvador Bends the Knee on Bitcoin, Complies With IMFEl Salvador’s Congress passed a bill on Jan. 29 to amend key aspects of its Bitcoin law. The changes align with conditions ...
In order to accept a $1.4 billion loan from the IMF, El Salvador had to change some of its cryptocurrency laws.
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, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this ...
El Salvador was the first country to allow Bitcoin as an official means of payment. The IMF demanded the withdrawal of the ...
Merchants in El Salvador, the first country to make bitcoin legal tender, will no longer be obliged to accept the ...
El Salvador has agreed to scale back its pro-Bitcoin legislation after striking a deal with the IMF, making Bitcoin ...
El Salvador has added 50 BTC to its reserves in the past month, continuing its Bitcoin accumulation strategy despite ...
Despite policy changes, El Salvador remains committed to Bitcoin through continued investments and new crypto initiatives.
Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.
Merchants in El Salvador, the first country to make bitcoin ... and the government’s participation in the crypto e-wallet (Chivo) will be gradually unwound," under the deal.
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