Los bonos en dólares de El Salvador registraban el jueves las mayores alzas de los mercados emergentes después de que la Asamblea Legislativa aprobara las modificaciones a la Ley Bitcóin que eran necesarias para obtener un préstamo del Fondo Monetario Internacional.
El Salvador has quickly passed a bill to amend its Bitcoin law, making it voluntary for businesses to accept the asset as payment, Reuters reported.
El Salvador scales back Bitcoin law, making BTC acceptance voluntary while securing an IMF deal, yet remains committed to crypto adoption.
El Salvador's legislative assembly has passed a major reform to its bitcoin law, a move aimed at aligning the country's Cryptocurrency framework with broader financial goals, particularly following an agreement with the International Monetary Fund .
A positive feedback loop is being created between El Salvador’s bitcoin education programs and crypto companies looking for a friendly jurisdiction.
Bitcoin island, El Salvador, reformed its policies for a $1.4 billion loan deal from the International Monetary Fund (IMF), according to a Reuters report. The nation’s Congress approved a bill to amend its Bitcoin law and comply with the IMF’s requirement to make the acceptance of BTC voluntary.
El Salvador has approved amendments to its Bitcoin laws, aligning with a deal struck with the IMF to scale back its crypto exposure.
Merchants in El Salvador, the first country to make bitcoin legal tender, will no longer be obliged to accept the cryptocurrency as payment, under a reform adopted to comply with conditions for an international loan.
Located 110 kilometers (68 miles) east of the capital San Salvador, Berlin has emerged as a rival to El Zonte, the surf town nicknamed "Bitcoin Beach."
El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib Bukele to amend its bitcoin law to comply with a deal with a key international lender to make acceptance of the cryptocurrency voluntary.
El Salvador’s Congress has swiftly approved a proposal from President Nayib Bukele to reform the country’s Bitcoin law after its IMF deal.