El Salvador to sell or discontinue its Bitcoin wallet

El Salvador to sell or discontinue its bitcoin wallet as part of IMF deal
El Salvador will sell or discontinue its bitcoin (BTC-USD) wallet Chivo as part of a new deal with the International Monetary Fund, an official said on Thursday. El Salvador, the first country to make bitcoin (BTC-USD) legal tender,
El Salvador's bitcoin wallet to be sold or discontinued after deal with IMF, official says
El Salvador's official digital bitcoin wallet Chivo will be sold or discontinued, an official said on Thursday, a day after the Central American country struck an agreement with the International Monetary Fund (IMF).
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.
The IMF Just Improved El Salvador’s Bitcoin Law
In return for a loan deal with the IMF, El Salvador had to give up some of its pro-bitcoin policies. It only made the Bitcoin law better.
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 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 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
El Salvador to limit Bitcoin with $1.4b IMF deal
El Salvador has reached an agreement with the International Monetary Fund over a $1.4 billion loan package that will see the Central American nation scale back its Bitcoin program. The funding package will be exchanged for a reduction in the country’s domestic Bitcoin activity, subject to final approval from the IMF executive board.
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 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
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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.
'Bitcoin President' Nayib Bukele Sends 'Greetings' To French Member Of EU Parliament Calling For A European Bitcoin Reserve
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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.
Bitcoin Tops $106,000 For The First Time – What's Next For World's Top Crypto?
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Cryptocurrency Gambit: El Salvador’s Bold Push for Global Crypto Alliances
El Salvador is taking bold steps in the world of cryptocurrencies. The country, which made Bitcoin legal tender back in 2021, ...