El Salvador, Bitcoin

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.
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.
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 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.
El Salvador makes Bitcoin payments voluntary in $1.4B IMF loan deal
El Salvador is set to make merchant acceptance of Bitcoin voluntary, unwind its involvement in its little-used Chivo wallet and make public sector engagement of Bitcoin-related economic activity “confined” as part of a $1.
El Salvador secures $1.4B IMF deal, agrees to 'confined' crypto use
The International Monetary Fund (IMF) said Wednesday it had reached an agreement on a $1.4 billion loan deal with the government of El Salvador
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 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.
Yahoo Finance10h
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] ...
International Monetary Fund14h
IMF Reaches Staff-Level Agreement with El Salvador on an Extended Fund Facility Arrangement
IMF staff and the El Salvadoran authorities have reached a staff-level agreement on a new arrangement under the IMF’s Extended Fund Facility (EFF) for about US.4 billion to support the government’s ...
IMF Reaches New $1.4 Bn Loan Agreement With El Salvador
The IMF announced on Wednesday that it had reached an agreement on a $1.4 billion loan deal with the government of El Salvador to strengthen the Central American country's economy.