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 ...
El Salvador adopted Bitcoin as a legal tender to solve key financial issues such as financial inclusion and high remittance ...
Four years after making history as the first country to embrace Bitcoin as legal tender, El Salvador is scaling back its ...
El Salvador has made another significant acquisition of Bitcoin, despite the ongoing market volatility. The country’s Bitcoin holdings have now reached 6,068 BTC after a recent purchase of 12 BTC.
Bitcoin may no longer be legal tender in El Salvador, but Bitcoiners in the country haven't given up on the mission.
El Salvador — the Central American country famous for adopting Bitcoin (BTC) as its legal tender in 2021 — keeps buying more ...
El Salvador’s Bitcoin experiment ends as IMF loans loom. There are significant implications for developing nations seeking ...
El Salvador has again grown its Bitcoin reserve, this time purchasing 12 Bitcoin in the last day amid a dip in the crypto ...
El Salvador now has 6055 BTC in its reserves, worth over $618.9 million. The country signed a deal with the IMF to limit its Bitcoin transactions and make Bitcoin acceptance voluntary. Nayib Bukele ...
El Salvador ended Bitcoin’s legal tender status, making its use voluntary and limiting its role in government transactions. Bitfinex Securities’ BMN2 investment lowers entry barriers, allowing more ...