El Salvador has reportedly removed the legal tender status of Bitcoin (BTC) after less than four years because of pressure ...
El Salvador’s Bitcoin experiment ends as IMF loans loom. There are significant implications for developing nations seeking ...
El Salvador holds 60,68 BTC worth $595.65 million, with unrealized profits standing at $167.26 million. The IMF gave numerous ...
In order to accept a $1.4 billion loan from the IMF, El Salvador had to change some of its cryptocurrency laws.
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 ...
Four years after becoming the first country to adopt bitcoin as legal tender, El Salvador is taking a step back. The ...
The reform ensures Bitcoin remains legal tender ... El Salvador aims to balance its ambitions of leading crypto adoption while maintaining financial stability under the IMF-backed economic plan.
The government secured a $1.4bn loan from the IMF, prompting a cautious approach to Bitcoin after the lender's recommendation ...
El Salvador was the first country to allow Bitcoin as an official means of payment. The IMF demanded the withdrawal of the ...
President Trump opens a debate with his crypto executive order that would have several effects on investors and policymakers.
Merchants in El Salvador ... s economic reforms." The Central American country's Bukele-aligned parliament adopted the reform late Wednesday. Launching bitcoin as legal tender on September ...
The reform has reportedly been adopted to comply with conditions set by the IMF for a 14 billion loan Read Full Article at RTcom ...