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El Salvador Strikes $1.4 Billion IMF Deal After Scaling Back Bitcoin Policies
El Salvador secured a $1.4 billion loan deal with the IMF after agreeing to scale back its bitcoin policies, making cryptocurrency acceptance voluntary for businesses and limiting public sector involvement. The deal aims to stabilize the country's economy, with bitcoin's recent rally boosting the va...
El Salvador a $1.4 billion loan deal with the IMF after agreeing to scale back its bitcoin policies, making cryptocurrency acceptance voluntary for businesses and limiting public sector involvement. The deal aims to stabilize the country's economy, with bitcoin's recent rally boosting the value of El Salvador's holdings. El Salvador's President, Nayib Bukele, is ramping up buys"with an interim goal of acquiring 20,000 more Bitcoin," reports the Daily Hodl.
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