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

The Central American country snapped up another 11 Bitcoin for its national reserve as crypto prices slumped this week.

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 ...

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

El Salvador continues to expand its national Bitcoin holdings as President Nayib Bukele predicts an “exponential” surge in ...

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

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

The proposed amendments focus on ensuring that Bitcoin operates as a legal currency in the country but with significant modifications to the conditions under which it can be used. Key adjustments ...

El Salvador added 21 BTC in the last seven days, increasing its total Bitcoin holdings to 6,068.18 BTC despite policy ...

Bitcoin advanced more than 3% to session highs in the minutes after the report, erasing early morning losses. It was up 2.2% over the past 24 hours. Earlier this morning, prices started to climb ...

Despite policy changes, El Salvador remains committed to Bitcoin through continued investments and new crypto initiatives.

El Salvador’s congress approved within minutes a Bitcoin reform bill sent by President Nayib Bukele on Wednesday. The country struck a $1.4 billion loan deal with the IMF and introduced a ...