SAN SALVADOR, Jan 29 (Reuters) - El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib Bukele to amend its bitcoin law to comply with a deal with ...
El Salvador now has 6055 BTC in its reserves, worth over $618.9 million. The country signed a deal with the IMF to limit its Bitcoin transactions and make Bitcoin acceptance voluntary. Nayib Bukele ...
El Salvador has rescinded Bitcoin’s status as a full legal tender in order to close a deal with the International Monetary Fund (IMF), leaving Bitcoin (BTC) advocates split over what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 ...
(Bloomberg) -- El Salvador’s dollar bonds rose the most in emerging markets Thursday after lawmakers approved changes to the nation’s Bitcoin law that were needed to secure an International ...
El Salvador amended its Bitcoin Law, making BTC acceptance voluntary and reducing state involvement to align with an IMF-backed loan deal. The reforms remove Bitcoin’s legal tender status and ...
El Salvador has revised its Bitcoin law, making crypto adoption optional for businesses rather than mandatory. The amendment passed with 55 votes in favor and only two against. Despite modifying ...
El Salvador, the world’s first nation to adopt Bitcoin as legal tender, is taking steps to loosen its grip on the cryptocurrency. This move comes as part of a reform package aimed at securing a $1.4 ...
El Salvador has voted to scale back its radically pro-Bitcoin legislation after agreeing to a deal with the International Monetary Fund (IMF) in December 2024, Reuters reports. The deal involved El ...