El Salvador has rescinded Bitcoin’s status as a full legal tender in order to close a deal with the International Monetary Fund (IMF), leaving Bitcoin (BTC) advocates split over what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 ...

El Salvador announced a historic agreement with the International Monetary Fund (IMF), paving the way for the country's adoption of Bitcoin as legal tender. This groundbreaking development ...

In 2021, El Salvador became the first country to make ... a $1.4 billion loan deal with the International Monetary Fund (IMF) that scaled back its bitcoin embrace after the lender urged officials ...

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 continues to hold Bitcoin in its national reserves, with 6,049 Bitcoin valued at approximately $633 million as of January 2025. The changes align with IMF requirements, addressing ...

El Salvador’s Ambassador to the US Milena Mayorga ... fame as a Bitcoin pioneer and pitting his country against the IMF, which objected to the idea. After years of negotiation, Bukele relented ...

El Salvador's Congress has swiftly approved amendments to its Bitcoin laws, aligning with a deal struck with the International Monetary Fund (IMF) to scale back its crypto exposure. The ...

The IMF had previously recommended limiting El Salvador's exposure to Bitcoin and making its use optional in the private sector. El Salvador became the first nation to recognize Bitcoin as legal ...

Lawmakers in El Salvador Rush New Bitcoin Reform After IMF Deal SAN SALVADOR (Reuters) - El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib ...

SAN SALVADOR (Reuters) - El Salvador's Congress on Wednesday swiftly ... 1.4 billion loan deal with the International Monetary Fund (IMF) that scaled back its bitcoin embrace after the lender ...