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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 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’s Evolving Bitcoin Policy Amid IMF Constraints
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.
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.
1h
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 ...
crypto2community
44m
El Salvador Adds 11 Bitcoin to National Reserve, Total Reaches 6,067 BTC
El Salvador adds 11 Bitcoin to its reserve, boosting total holdings above 6,000 BTC despite policy shifts and IMF reforms ...
The Daily Hodl
17h
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.
4d
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 ...
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 ...
Hosted on MSN
14h
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 ...
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IMF
United States Congress
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