The Central American nation agreed to scale back its controversial bitcoin policy to help secure a loan agreement.

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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.

Under the agreement, El Salvador will make Bitcoin acceptance voluntary for the private sector while restricting public ...

El Salvador softened its Bitcoin stance for a $1.4 billion IMF loan deal, making acceptance of the crypto voluntary and ...

The organization is showing flexibility by allowing the bitcoin program to proceed in a limited way.

El Salvador secures IMF deal, adjusting Bitcoin policy to voluntary acceptance, focusing on fiscal reform and economic ...

The Executive Board of the International Monetary Fund (IMF) concluded today the Fourth Reviews of the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF) arrangements wi ...

El Salvador reached a deal with the International Monetary Fund after four years of negotiations that were strained by the ...

GoFundMe saw a dramatic rise in campaigns asking for "essential expenses" over the last year as Americans continue to grapple ...

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 ...