Bitcoin, El Salvador and IMF

El Salvador rings in Christmas 2024 with a Bitcoin twist
El Salvador continues to showcase its unwavering commitment to Bitcoin, doubling down on its cryptocurrency strategy despite stringent restrictions imposed by the International Monetary Fund (IMF). On 19 December 2024,
El Salvador says it will keep buying bitcoin despite IMF warning
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 Made Bitcoin an Official Currency. Now It’s Backtracking for IMF Loan.
The government of El Salvador’s President Nayib Bukele agreed to scale back his ambitious plan to adopt bitcoin as a national currency in exchange for a much-needed $1.4 billion loan by the International Monetary Fund.
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 To Scale Down Bitcoin Policies As Part Of $3.5 Billion IMF Loan Deal
El Salvador scales down Bitcoin adoption to qualify for an IMF loan. Read on to understand the future of Bitcoin in the country’s economy.
The IMF Just Improved El Salvador’s Bitcoin Law
In return for a loan deal with the IMF, El Salvador had to give up some of its pro-bitcoin policies. It only made the Bitcoin law better.
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 Shut or Sell Chivo Crypto Wallet as Part of $3.5B IMF Deal
The country's concessions include that taxes must be paid in U.S. dollars, not bitcoin, and bitcoin acceptance will be made voluntary in the private sector.
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 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.
Still $BTC Country: 'Headlines About The IMF Are Wrong,' Says El Salvador Bitcoin Office Director
El Salvador had to concede to some of the IMF's conditions to reach an agreement with the UN financial agency for a massive loan that could help boost its ailing economy, but it clarified Sunday that ...
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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 ...