In order to accept a $1.4 billion loan from the IMF, El Salvador had to change some of its cryptocurrency laws.

El Salvador has quietly scaled back its ambitious cryptocurrency experiment, marking a significant reversal of President ...

Bitcoin was never used by most Salvadorans, its modern city was never built, and now it will cease to be legal tender in El Salvador, the first country in the world to adopt it in 2021: a complete ...

The new amendments remove the requirement for businesses to accept Bitcoin as payment, making its use voluntary across the ...

In 2021, El Salvador became the world's first country to establish ... Bukele's project to create Bitcoin City, a futuristic ...

Four years after becoming the first country to adopt bitcoin as legal tender, El Salvador is taking a step back. The ...

In 2021, El Salvador became the world’s first country to establish ... Bukele’s project to create Bitcoin City, a futuristic metropolis financed by cryptocurrency bonds, has not materialized. But in ...

El Salvador’s Bitcoin experiment ends as IMF loans loom. There are significant implications for developing nations seeking ...

El Salvador — the Central American country famous for adopting Bitcoin (BTC) as its legal tender in 2021 — keeps buying more ...

El Salvador has bowed to pressure from the IMF to amend its Bitcoin law, reducing its exposure to the flagship cryptocurrency.

Four years after making history as the first country to embrace Bitcoin as legal tender, El Salvador is scaling back its ...

El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib Bukele to amend its ...