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El Salvador Walks Back Its Bitcoin Law
Four years after becoming the first country to adopt bitcoin as legal tender, El Salvador is taking a step back. The Legislative Assembly has approved changes to the country's Bitcoin Law, effectively removing bitcoin's status as legal currency.
El Salvador changes Bitcoin rules to qualify for $1.4 billion in IMF cash
Recently, officials in the Central American country of El Salvador approved amendments to its controversial Bitcoin law in order to guarantee a $1.4 billion loan with the International Monetary Fund (IMF), according to Reuters.
El Salvador Reverses Bitcoin Legal Tender Status Under Pressure From IMF: Report
El Salvador has reportedly removed the legal tender status of Bitcoin (BTC) after less than four years because of pressure from the International Monetary Fund (IMF).
El Salvador amends bitcoin law following IMF loan deal
The government secured a $1.4bn loan from the IMF, prompting a cautious approach to Bitcoin after the lender's recommendation.
El Salvador’s Evolving Bitcoin Policy Amid IMF Constraints
El Salvador has recently updated its cryptocurrency policy following an agreement with the International Monetary Fund (IMF) that imposes limits on the official use of Bitcoin. Under the IMF conditions formalized in December as part of a $1.
MercoPress
17m
IMF tips inaccurate, Bolivia says
The Government of Bolivia stressed Monday that the International Monetary Fund's (IMF) devaluation and fiscal adjustment ...
International Monetary Fund
31m
IMF Executive Board Concludes 2024 Article IV Consultation with the Czech Republic
On January 24, 2025, the Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV consultation with Czech Republic and endorsed the staff appraisal on a lapse-of-time ...
2d
Horst Köhler, 81, Former German President and I.M.F. Leader, Dies
He held the ceremonial post of German president after a finance-focused career. Shortly into his second term, he became the ...
1d
on MSN
Pakistan Jan Consumer Inflation Eases to 9-Year Low
Pakistan's consumer inflation rate fell to its lowest in more than nine years, dropping to 2.4% year-on-year in January, the ...
3h
on MSN
El Salvador Goes Bigger on Bitcoin: Daily Purchase Jumps 10x Amid Market Slump
El Salvador cashed in on the market slump Monday to add 11 Bitcoins (CRYPTO: BTC), worth over $1 million, to its strategic ...
3d
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
agenda.ge
2h
Georgian Finance Minister, Acting National Bank Governor discuss fiscal, monetary policy with IMF delegation
Georgian Finance Minister Lasha Khutsishvili and Natia Turnava, the Acting Governor of the National Bank of the country, on ...
1d
EU must stay united in face of Trump's tariff threat, Spanish minister says
The European Union must remain united to respond to U.S. President Donald Trump's threats to levy tariffs on its products, ...
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