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Bitcoin, El Salvador and IMF
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El Salvador has rescinded Bitcoin’s status as a full legal tender in order to close a deal with the International Monetary Fund (IMF), leaving Bitcoin (BTC) advocates split over what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.
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.
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 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.
News Explorer — El Salvador Trims Bitcoin Law After IMF Agreement
El Salvador has agreed to scale back its pro-Bitcoin legislation after striking a deal with the IMF, making Bitcoin acceptance voluntary for businesses. The country also plans to unwind the Chivo wallet and stop accepting tax payments in cryptocurrency.
Lawmakers in El Salvador rush new bitcoin reform after IMF deal
SAN
SALVADOR
, Jan 29 (Reuters) -
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 ...
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 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,
1d
on MSN
Nayib Bukele sticks to ‘Bitcoin piggy bank’ strategy, but is it working?
If El Salvador’s President Nayib Bukele stood firm on his country’s Bitcoin gambit during the darkest days of the last crypto ...
2d
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 ...
blockonomi
1d
Bitfinex Securities to Launch Bitcoin Mining Tokenized Product in El Salvador
Bitfinex Securities plans to launch Blockstream Mining Note 2 (BMN2) in El Salvador in Q1 of this year, according to a report ...
23h
on MSN
The United States is following El Salvador's playbook — Web3 exec
NexBridge founder Michele Crivelli says the US is following in the footsteps of El Salvador in terms of crypto adoption.
coinspeaker
5d
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 ...
2h
Tether To Introduce USDT To Bitcoin And The Lightning Network
On Jan 30, 2025 at the inaugural PlanB Forum in El Salvador, Tether announced it is bringing USDT to Bitcoin and the Lightning Network.
CoinDesk
1d
Tether Reports $13B Profit for 2024, With Rising Bitcoin, Gold Prices Contributing
The group also increased its bitcoin holdings last quarter for the first time since March, holding nearly 84,000 BTC worth ...
CCN on MSN
1d
Tether’s USDT Launch on Bitcoin a Strategic Play To Distract From Audit Pressures
Tether integrates USDT into the Bitcoin Lightning Network. The launch comes amid mounting scrutiny over Tether’s audits and ...
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