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bitcoin, El Salvador
El Salvador scales back bitcoin bet to get $1.4bn loan
The Central American nation agreed to scale back its controversial bitcoin policy to help secure a loan agreement.
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 to ‘confine’ its Bitcoin activities in $1.4bn loan deal with the IMF
El Salvador will receive a $1.4 billion loan from the International Monetary Fund (IMF) over the next 40 months as it “confines” its Bitcoin-related activities.
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 Reaches Agreement with El Salvador for $1.4 Billion Loan
El Salvador reached a deal with the International Monetary Fund after four years of negotiations that were strained by the country’s adoption of Bitcoin as a legal tender.
Is El Salvador Scaling Back Its Bitcoin Ambitions With IMF Deal?
El Salvador has reached a deal with the IMF for a $1.4 billion loan, subjected to scaling down its Bitcoin project from here onwards.
El Salvador secures IMF deal as Bitcoin acceptance turns voluntary
El Salvador secures IMF deal, adjusting Bitcoin policy to voluntary acceptance, focusing on fiscal reform and economic resilience.
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 Bows to IMF, Agrees to Bitcoin Restrictions for $1.4B Loan
El Salvador and the IMF have reached a $1.4 billion loan agreement, pending executive approval. The deal requires El Salvador to scale back its Bitcoin
International Business Times
41m
Bitcoin Country No More? El Salvador Bends To Secure IMF Loan
El
Salvador
will have to wind down the Chivo crypto wallet and public involvement in $BTC 'will be confined' The government, under Nayib Bukele's leadership, has been ...
1d
on MSN
Crime’s Plunge and Bitcoin’s Boom Still Leave El Salvador Chasing Economic Miracle
El Salvador’s Bitcoin holdings soared with Donald Trump’s election victory. The President-elect’s migration stance may be ...
Yahoo Finance
12h
El Salvador scales back bitcoin bet to get $1.4bn IMF loan
The Central American nation agreed to scale down its controversial
Bitcoin
policy to help secure a loan agreement [Reuters] ...
Hosted on MSN
23h
Trump’s win boosts El Salvador’s Bitcoin holdings, but hurts president Nayib Bukele’s economic plans
President Donald Trump’s victory handed El Salvador’s Bitcoin experiment its first major win. With Bitcoin surging to an ...
Coingape
2d
Bitget Rides El Salvador’s Bitcoin Wave, Capitalizes on $362M Profit
Leading crypto exchange Bitget has been granted a license to be a Bitcoin Service Provider via El Salvador's Central Bank.
1d
'Bitcoin President' Nayib Bukele Sends 'Greetings' To French Member Of EU Parliament Calling For A European Bitcoin Reserve
Sarah Knafo, a French member of the European Parliament, has caught the attention of the Bitcoin (CRYPTO: BTC) community with ...
coinspeaker
2d
Bitget Receives Bitcoin Service Provider (BSP) License from Central Bank of El Salvador
Bitget sees El Salvador as a progressive market with significant potential to drive crypto innovation across Latin America.
Ripple
2d
Argentina Partners with El Salvador to Improve Crypto Regulation
Argentina partners with El Salvador to enhance cryptocurrency regulation, improve investor protection, and share expertise.
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IMF
International Monetary Fund
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