El Salvador’s attempt to embrace Bitcoin (CRYPTO: BTC) as legal tender has conclusively proven that the cryptocurrency is not ...
Berlín, a city of 20,000 people, is home to El Salvador’s second Bitcoin circular economy. “Bitcoin City already exists. It’s ...
This article is part of a four-piece series on El Salvador. You can find the previous dispatch, a story on Bitcoin Berlín, ...
In order to accept a $1.4 billion loan from the IMF, El Salvador had to change some of its cryptocurrency laws.
El Salvador cancels Bitcoin’s legal tender status, making its use voluntary while Bitfinex Securities expands investment ...
Bitcoin may no longer be legal tender in El Salvador, but Bitcoiners in the country haven't given up on the mission.
El Salvador's Bitcoin Experiment The agreement with the IMF also stipulates that US dollars must be used exclusively for tax payments. This further reduces the mandatory role of Bitcoin.
El Salvador was the first country to allow Bitcoin as an official means of payment. The IMF demanded the withdrawal of the ...
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this ...
The government secured a $1.4bn loan from the IMF, prompting a cautious approach to Bitcoin after the lender's recommendation ...
El Salvador’s Bitcoin experiment ends as IMF loans loom. There are significant implications for developing nations seeking ...
Four years after becoming the first country to adopt bitcoin as legal tender, El Salvador is taking a step back. The ...