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Bitcoin, El Salvador
Failure or 5D chess? El Salvador IMF deal walks back Bitcoin adoption
El Salvador has rescinded Bitcoin’s status as a full legal tender in order to close a deal with the International Monetary Fund (IMF), leaving Bitcoin (BTC) advocates split over what this means for adoption in the country.
El Salvador adds 5 more Bitcoins to strategic reserves
El Salvador bought 5 more BTC in the last 24 hours, bringing its total Bitcoin holdings to roughly 6055 BTC, valued at $618.9 million. The country continues to increase its holdings even though only about 8% of the Salvadorian population uses Bitcoin for transactions.
El Salvador Rushes to Approve Bitcoin Law Amendment to Comply With IMF Loan Terms
El Salvador has rushed to approve an amendment that will keep it compliant with the terms of its $1.4 billion IMF loan.
Bitfinex Securities to Launch Bitcoin Mining Tokenized Product in El Salvador
Bitfinex Securities plans to launch Blockstream Mining Note 2 (BMN2) in El Salvador in Q1 of this year, according to a report.
El Salvador Reforms Bitcoin Law, Scaling Back State Involvement Amid IMF Agreement
El Salvador scales back Bitcoin law, making BTC acceptance voluntary while securing an IMF deal, yet remains committed to crypto adoption.
El Salvador rushes in new Bitcoin law to comply with IMF deal: Report
El Salvador has quickly passed a bill to amend its Bitcoin law, making it voluntary for businesses to accept the asset as payment, Reuters reported.
News Explorer — El Salvador Trims Bitcoin Law After IMF Agreement
El Salvador has agreed to scale back its pro-Bitcoin legislation after striking a deal with the IMF, making Bitcoin acceptance voluntary for businesses. The country also plans to unwind the Chivo wallet and stop accepting tax payments in cryptocurrency.
El Salvador amends Bitcoin law to comply with IMF deal, making acceptance voluntary
El Salvador amended its Bitcoin law to comply with an IMF deal, ensuring voluntary acceptance while maintaining its legal tender status.
El Salvador Congress Amends Bitcoin Laws to Meet IMF Agreement on Crypto Exposure
El Salvador has approved amendments to its Bitcoin laws, aligning with a deal struck with the IMF to scale back its crypto exposure.
El Salvador merchants no longer obliged to accept bitcoin
Merchants in El Salvador, the first country to make bitcoin legal tender, will no longer be obliged to accept the cryptocurrency as payment, under a reform adopted to comply with
1h
on MSN
El Salvador purchases 2 additional BTC in a single day
El Salvador purchased two additional Bitcoin (BTC) on Feb. 1. The country typically acquires one Bitcoin per day as part of ...
2d
on MSN
Bonos de El Salvador repuntan tras aprobación de reforma de Ley Bitcóin
Los bonos en dólares de El Salvador registraban el jueves las mayores alzas de los mercados emergentes después de que la ...
coinspeaker
5d
Poland Surpasses El Salvador in Bitcoin ATM Count, Becomes Fifth-Largest Crypto ATM Hub Globally
Poland has surpassed El Salvador in the global Bitcoin ATM rankings, securing its place as the fifth-largest crypto ATM hub ...
3h
Tether To Introduce USDT To Bitcoin And The Lightning Network
On Jan 30, 2025 at the inaugural PlanB Forum in El Salvador, Tether announced it is bringing USDT to Bitcoin and the Lightning Network.
1d
on MSN
Nayib Bukele sticks to ‘Bitcoin piggy bank’ strategy, but is it working?
If El Salvador’s President Nayib Bukele stood firm on his country’s Bitcoin gambit during the darkest days of the last crypto ...
CoinDesk
1d
Tether Reports $13B Profit for 2024, With Rising Bitcoin, Gold Prices Contributing
The group also increased its bitcoin holdings last quarter for the first time since March, holding nearly 84,000 BTC worth ...
CCN on MSN
1d
Tether’s USDT Launch on Bitcoin a Strategic Play To Distract From Audit Pressures
Tether integrates USDT into the Bitcoin Lightning Network. The launch comes amid mounting scrutiny over Tether’s audits and ...
1d
on MSN
The United States is following El Salvador's playbook — Web3 exec
NexBridge founder Michele Crivelli says the US is following in the footsteps of El Salvador in terms of crypto adoption.
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