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El Salvador to sell or discontinue its Bitcoin wallet
El Salvador to sell or discontinue its bitcoin wallet as part of IMF deal
El Salvador will sell or discontinue its bitcoin (BTC-USD) wallet Chivo as part of a new deal with the International Monetary Fund, an official said on Thursday. El Salvador, the first country to make bitcoin (BTC-USD) legal tender,
El Salvador Made Bitcoin an Official Currency. Now It’s Backtracking for IMF Loan.
The organization is showing flexibility by allowing the bitcoin program to proceed in a limited way.
El Salvador Reduces Bitcoin Engagement as Part of IMF Loan Conditions
El Salvador adjusts Bitcoin policies under IMF loan deal, reducing government involvement and merchant requirements.
El Salvador says it will keep buying bitcoin despite IMF warning
SAN SALVADOR (Reuters) -El Salvador said on Thursday it would keep buying bitcoin, possibly at an accelerated pace, a day after the government reached a financing agreement with the International Monetary Fund that had said it should limit its exposure to the cryptocurrency.
El Salvador May Accelerate Bitcoin Buys Following IMF Deal Concessions
El Salvador will keep buying Bitcoin despite a deal with the IMF to scale back some BTC policies, its National Bitcoin Office said.
El Salvador will reportedly dial back its bitcoin ambitions to secure a loan from the IMF
Crypto-friendly El Salvador could end a mandate requiring businesses to accept bitcoin as payment, sources told The Financial Times.
El Salvador to Secure $1.4 Billion IMF Deal, Bitcoin Acceptance Becomes Voluntary
El Salvador has reached a preliminary arrangement with the International Monetary Fund (IMF) on a $1.4 billion loan.
El Salvador to Scale Back Bitcoin Efforts Under $1.4 Billion IMF Deal
Under the agreement, El Salvador will make Bitcoin acceptance voluntary for the private sector while restricting public sector involvement.
IMF Pressures El Salvador To Stop Pushing Bitcoin
El Salvador has agreed to scale back its crypto agenda in exchange for a $1.4 billion loan from the International Monetary Fund (IMF), marking a shift in
LATAM crypto update: El Salvador boosts Bitcoin buying amid IMF warning, MetaMask launches crypto debit card
This week, the LATAM cryptocurrency landscape demonstrated its dynamic nature once more with El Salvador boosting its BTC purchases.
El Salvador plans to sell or shut its crypto wallet
El Salvador will privatize or close the cryptocurrency wallet "Chivo" created by President Nayib Bukele when he made bitcoin legal tender in 2021, an official said Thursday.
Benzinga.com
2d
El Salvador Buys Bitcoin Dip, Scoops $1 Million Worth Of BTC A Day After IMF Urges Scaling Back
El
Salvador
made full use of the market drop Thursday by buying as many as 11 Bitcoins BTC/USD, worth over a million ...
cryptopolitan
2d
El Salvador snaps up 11 Bitcoin worth over $1 M to supercharge its crypto reserves
El Salvador has improved its national Bitcoin reserve by adding 11 Bitcoins for $1 million. The latest investment means that ...
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