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El Salvador changes Bitcoin rules
El Salvador Backs Away From Its Bitcoin Experiment
In order to accept a $1.4 billion loan from the IMF, El Salvador had to change some of its cryptocurrency laws.
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 Another $1.1 Million
The Central American country snapped up another 11 Bitcoin for its national reserve as crypto prices slumped this week.
El Salvador Increases Bitcoin Reserves with Latest Purchase
El Salvador appears to be sticking to its now-popular Bitcoin strategy and has “bought the dip” yet again. On Tuesday, February 4, the Central American country took advantage of a declining crypto market and bought 12 Bitcoin BTC $98 080 24h volatility: 1.3% Market cap: $1.94 T Vol. 24h: $66.66 B over two separate transactions on the day.
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).
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.
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.
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 Reforms Bitcoin Laws While Securing $1.4B IMF Agreement
The new amendments remove the requirement for businesses to accept Bitcoin as payment, making its use voluntary across the private sector.
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'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.
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2h
El Salvador Bitcoin Reserve Grows Even as IMF Deal Forces Major Amendments
El Salvador holds 60,68 BTC worth $595.65 million, with unrealized profits standing at $167.26 million. The IMF gave numerous ...
EconoTimes
3h
Bitcoin Boom: El Salvador Accumulates BTC While Traders Stay Cautious
El Salvadors Bitcoin Accumulation El Salvador within a week added up to 20 BTC in its reserves. On February 4, 2025, it ...
2h
El Salvador Boosts Bitcoin Reserve With Purchase Of 12 BTC In A Single Day
El Salvador's Bitcoin reserves have seen a significant increase as the country adds 12 Bitcoins in a single day, bringing the total reserve to 6068 B ...
4d
Nayib Bukele sticks to ‘Bitcoin piggy bank’ strategy, but is it working?
El Salvador continues to expand its national Bitcoin holdings as President Nayib Bukele predicts an “exponential” surge in ...
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