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El Salvador amends Bitcoin law
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 cautions to El Salvador after it
El Salvador acquires 12 Bitcoin a day, holds 6,068 BTC
El Salvador — the Central American country famous for adopting Bitcoin (BTC) as its legal tender in 2021 — keeps buying more Bitcoin.
El Salvador amends bitcoin law following IMF loan deal
The government secured a $1.4bn loan from the IMF, prompting a cautious approach to Bitcoin after the lender's recommendation.
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),
The lesson of El Salvador’s failed Bitcoin experiment
El Salvador’s Bitcoin experiment ends as IMF loans loom. There are significant implications for developing nations seeking economic autonomy.
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 buys 11 more Bitcoin, boosting reserves to 6,067 BTC
El Salvador bought 11 more Bitcoins on February 4 to boost its BTC strategic reserve. The country had earlier adopted a style of acquiring one BTC per day but has lately accelerated its Bitcoin purchases.
El Salvador Ends Bitcoin’s Legal Tender Status Amid IMF Pressure
El Salvador cancels Bitcoin’s legal tender status, making its use voluntary while Bitfinex Securities expands investment options with BMN2.
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 buys more Bitcoin while adjusting policies for IMF
El Salvador has added 50 BTC to its reserves in the past month, continuing its Bitcoin accumulation strategy despite adjusting regulations to meet International Monetary Fund (IMF) conditions. On Saturday, the country purchased another 5 BTC, bringing its total Bitcoin holdings to approximately 6,055 BTC, valued at over $606 million.
1d
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.
decrypt
6d
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.
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