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El Salvador Bitcoin Reserve Grows Even
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.
El Salvador Ends Bitcoin As Legal Tender - Here's Why Bitcoin Didn't Work
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this
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 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 Walks Back Its Bitcoin Law
Four years after becoming the first country to adopt bitcoin as legal tender, El Salvador is taking a step back. The Legislative Assembly has approved changes to the country's Bitcoin Law, effectively removing bitcoin's status as legal currency.
El Salvador abolishes Bitcoin as a currency again
El Salvador was the first country to allow Bitcoin as an official means of payment. The IMF demanded the withdrawal of the regulation – and has now prevailed.
Lawmakers in El Salvador Rush New Bitcoin Reform After IMF Deal
SAN SALVADOR (Reuters) - El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib Bukele to amend its bitcoin law to comply with a deal with a key international lender to make acceptance of the cryptocurrency voluntary.
El Salvador amends Bitcoin law to comply with IMF deal, making acceptance voluntary
El Salvador amended its Bitcoin law to comply with an IMF deal, ensuring voluntary acceptance while maintaining its legal tender status.
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 Continues Bitcoin Acquisition Amid Market Slump
El Salvador has made another significant acquisition of Bitcoin, despite the ongoing market volatility. The country’s Bitcoin holdings have now reached 6,068 BTC after a recent purchase of 12 BTC. This decision aligns with the nation’s unwavering commitment to embracing digital currencies,
Crypto News Flash
4d
El Salvador Scraps Bitcoin Legal Tender Status to Secure $1.4B IMF Loan
Despite policy changes, El Salvador remains committed to Bitcoin through continued investments and new crypto initiatives.
coinspeaker
11d
Poland Surpasses El Salvador in Bitcoin ATM Count, Becomes Fifth-Largest Crypto ATM Hub Globally
Poland has surpassed El Salvador in the global Bitcoin ATM rankings, securing its place as the fifth-largest crypto ATM hub ...
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