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El Salvador has rescinded Bitcoin’s status as a full legal tender in order to close a deal with the International Monetary Fund (IMF), leaving Bitcoin (BTC) advocates split over what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.
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 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.
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.
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.
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
In December, the government struck a $1.4 billion loan deal with the International Monetary Fund (IMF) that scaled back its bitcoin embrace after the lender urged officials to lim
El Salvador Bends the Knee on Bitcoin, Complies With IMF
El Salvador’s Congress passed a bill on Jan. 29 to amend key aspects of its Bitcoin law. The changes align with conditions set by the
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 ...
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 ...
CoinDesk13d
El Salvador’s Secret Weapon? Its Extensive Bitcoin Education Program, Says Stacy Herbert
A positive feedback loop is being created between El Salvador’s bitcoin education programs and crypto companies looking for a ...
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.
blockonomi1d
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 ...
Yen on MSN1d
Salvadoran Town Hopes Trump Brings 'Good Times' For Bitcoin
Located 110 kilometers (68 miles) east of the capital San Salvador, Berlin has emerged as a rival to El Zonte, the surf town ...
CoinDesk20h
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 MSN1d
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 ...