2024-12-20 08:57 |
El Salvador purchased 11 Bitcoin a day after reaching a $1.4 million IMF loan deal that called for a reduction in public sector engagement in “Bitcoin-related economic activities.” origin »
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El Salvador plans to continue and potentially accelerate its purchases of Bitcoin (BTC) despite its recent deal with the International Monetary Fund (IMF), according to Stacy Herbert, the director of the country’s Bitcoin Office.
2024-12-20 00:51 | |
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El Salvador’s agreement with the IMF could shutter the country’s state-backed Bitcoin wallet Chivo, but not its overall BTC support.
2024-12-20 20:02 | |
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The country's concessions include that taxes must be paid in U.S. dollars, not bitcoin, and bitcoin acceptance will be made voluntary in the private sector.
2024-12-20 19:10 | |
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In return for a loan deal with the IMF, El Salvador had to give up some of its pro-bitcoin policies. It only made the Bitcoin law better.
2024-12-20 17:18 | |
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El Salvador has reached a $1.4 billion loan agreement with the International Monetary Fund (IMF), which includes significant changes to its Bitcoin policies.
2024-12-19 14:07 | |
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El Salvador struck a loan deal with the IMF in which it will make Bitcoin acceptance voluntary and roll back government involvement in Bitcoin-related projects.
2024-12-19 03:43 | |
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El Salvador secures IMF deal, adjusting Bitcoin policy to voluntary acceptance, focusing on fiscal reform and economic resilience. The post El Salvador secures IMF deal as Bitcoin acceptance turns voluntary appeared first on Crypto Briefing.
2024-12-19 01:31 | |
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Salvadoran merchants reportedly will no longer be compelled to accept bitcoin as a means of payment anymore.
2024-12-10 18:15 | |
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El Salvador is negotiating a $1.3 billion loan with the IMF that reportedly could bring significant changes to its Bitcoin legal tender law. In the coming weeks, El Salvador could finalize a multi-billion dollar deal with the International Monetary Fund…
2024-12-9 17:05 | |
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The $45 billion loan was approved by the Senate on Thursday night, one week after the Chamber of Deputies passed it.
2022-3-18 09:22 | |
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El Salvador is courting the IMF for a loan worth $1. 3 billion. The country is reportedly planning to use its Bitcoin adoption to sweeten the deal. Several factors may impede El Salvador’s chances at convincing the IMF for loan approval.
2021-10-23 13:05 | |
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S&P Global says this adoption has immediate negative implications on its credit rating while protesters in the central American country vandalize an ATM and carried signs reading “we were defrauded by Bitcoin.
2021-9-18 17:07 | |
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CoreWeave has exercised its final option agreement with Core Scientific, adding 120 MW of critical IT infrastructure to power Nvidia GPU operations.