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El Salvador has rescinded Bitcoin’s status as a full legal tender in order to close a deal with the International Monetary Fund (IMF), leaving Bitcoin (BTC) advocates split over what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 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.
El Salvador approves new bill to comply with IMF deal
El Salvador’s Congress has approved a bill to change its Bitcoin law to comply with a deal it struck with the International Monetary Fund (IMF).
El Salvador rushes in new Bitcoin law to comply with IMF deal: Report
El Salvador has quickly passed a bill to amend its Bitcoin law, making it voluntary for businesses to accept the asset as payment, Reuters reported.
El Salvador Passes Change to Bitcoin Law, Sparking Bond Gain
El Salvador’s dollar bonds rose the most in emerging markets Thursday after lawmakers approved changes to the nation’s Bitcoin law that were needed to secure an International Monetary Fund loan.Most R
El Salvador Moves To Overhaul Bitcoin Law Amid IMF Deal
El Salvador's legislative assembly has passed a major reform to its bitcoin law, a move aimed at aligning the country's Cryptocurrency framework with broader financial goals, particularly following an agreement with the International Monetary Fund .
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.
El Salvador scales back Bitcoin law for IMF deal
El Salvador's Legislative Assembly passed legislation to modify its bitcoin adoption strategy, a move aimed at fulfilling conditions of a $1.4 billion agreement with the International Monetary Fund (IMF).
El Salvador merchants no longer obliged to accept bitcoin
Merchants in El Salvador, the first country to make bitcoin legal tender, will no longer be obliged to accept the cryptocurrency as payment, under a reform adopted to comply with
El Salvador purchases 2 additional BTC in a single day
El Salvador purchased two additional Bitcoin (BTC) on Feb. 1. The country typically acquires one Bitcoin per day as part of ...
Reuters2d
Lawmakers in El Salvador rush new bitcoin reform after IMF deal
In 2021, El Salvador became the first country to make ... a $1.4 billion loan deal with the International Monetary Fund (IMF) that scaled back its bitcoin embrace after the lender urged ...