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El Salvador, Bitcoin
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
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.
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 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.
Bitcoin Country No More? El Salvador Bends To Secure IMF Loan
El Salvador has reached an agreement with IMF staff to secure a $3.5 billion funding package, but not without consequences that could hit Nayib Bukele's grandiose vision of a "Bitcoin country."
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 Reforms Bitcoin Strategy to Secure $1.4 Billion IMF Loan
El Salvador has made Bitcoin acceptance by merchants voluntary and limited public sector involvement in Bitcoin as part of a $1.4B
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 reform agenda.
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
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 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 Finance
15h
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] ...
12h
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.
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