El Salvador Scales Back Bitcoin Law to Secure $1.4 Billion IMF Deal

BBC News

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The reform takes place in the midst of negotiations with the IMF; the entity defined 'mitigating bitcoin risks' as one of the conditions for lending 1.4 billion dollars.

The Rio Times

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El Salvador Scales Back Bitcoin Law to Secure $1.4 Billion IMF Deal

El Salvador’s Congress has approved significant changes to its Bitcoin law, marking a shift in the country’s cryptocurrency policy. The move comes as part of efforts to secure a $1.4 billion loan agreement with the International Monetary Fund (IMF). The revised legislation, passed on January 29, 2025, removes the requirement for businesses to accept Bitcoin […]

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Salvadoran Congress decision complies with the request of the International Monetary Fund and eliminates mandatory acceptance of bitcoin

Vogon Today

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El Salvador renounces the legal tender of Bitcoin and returns to the Dollar - Economic Scenarios

Merchants in El Salvador, the first country to make Bitcoin legal tender, will no longer be forced to accept the cryptocurrency as payment , under a

The Daily Hodl

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El Salvador Passes New Bitcoin (BTC) Legislation Tied to New IMF $1,400,000,000 Funding Deal: Report - The Daily Hodl

The first country to use Bitcoin (BTC) as a legal tender has reportedly passed a new law that will scale back its crypto efforts. Reuters reports that on Wednesday, lawmakers in El Salvador approved a bill to amend the nation’s Bitcoin law in compliance with a deal that the government struck with the International Monetary Fund (IMF). In December, the government of El Salvador and a staff team from the IMF reached a deal for a $1.4 billion loan …

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El Salvador Passes New Bitcoin (BTC) Legislation Tied to New IMF $1,400,000,000 Funding Deal: Report

The first country to use Bitcoin ( BTC ) as a legal tender has reportedly passed a new law that will scale back its crypto efforts. Reuters reports that on Wednesday, lawmakers in El Salvador approved a bill to amend the nation’s Bitcoin law in compliance with a deal that the government struck with...