IMF Urges El Salvador to Scale Back Bitcoin Law in Ongoing Negotiations
Oct 5, 2024 · The IMF urges El Salvador to tighten its Bitcoin policies and enhance regulatory oversight to mitigate financial risks amid ongoing negotiations.
El Salvador to scale back bitcoin dreams to seal $1.3bn IMF deal
Dec 9, 2024 · El Salvador expects to reach agreement with the IMF in the next two to three weeks on a $1.3bn loan programme in return for changes to its pioneering use of bitcoin as legal tender and...
El Salvador strikes $1.4bn IMF deal after scaling back Bitcoin
Dec 19, 2024 · El Salvador has struck a $1.4bn (£1.1bn) loan deal with the International Monetary Fund (IMF) after agreeing to scale back its controversial bitcoin policies.
IMF urges El Salvador to scale back its Bitcoin push
Jan 29, 2022 · The International Monetary Fund says that El Salvador should dissolve the $150 million trust fund it created when it made the cryptocurrency Bitcoin legal tender and return any of those unused funds to its treasury.
El Salvador to Scale Back Bitcoin Law Amid IMF Loan Negotiations
Dec 9, 2024 · El Salvador is reportedly scaling back its mandatory Bitcoin adoption as part of a $1.3 billion IMF loan deal, marking a shift in its groundbreaking cryptocurrency policy.
IMF asks El Salvador to restrict bitcoin law - TheStreet
Oct 7, 2024 · This month, the International Monetary Fund said that it was asking the government of El Salvador – the first country in the world to declare bitcoin legal tender – to “limit” governmental...
El Salvador To Scale Back Bitcoin Plans in $1.4B Loan Deal with IMF
Dec 20, 2024 · El Salvador has agreed with the International Monetary Fund (IMF) for a $1.4 billion loan in exchange for toning down its Bitcoin plans. This 40 month deal is to “stabilize the economy” and implement financial reforms.
IMF urges El Salvador to scale back its push for Bitcoin as legal …
Jan 29, 2022 · NEW YORK (AP) — The International Monetary Fund said Friday that El Salvador should dissolve the $150 million trust fund it created when it made the cryptocurrency Bitcoin legal tender and...
IMF urges El Salvador to scale back Bitcoin law - Finbold
Oct 4, 2024 · Calls for policy changes and oversight are a far cry from the IMF’s 2022 call to discontinue Bitcoin’s use as legal tender in El Salvador altogether, while President Bukele’s admission of shortcomings and the Fund’s positive estimation of the country’s 2025 budget point to progress in terms of compromise.
IMF Urges El Salvador to Scale Back Bitcoin Adoption
Oct 4, 2024 · IMF renews calls for El Salvador to limit BTC exposure, strengthen regulations, and reduce public sector involvement amid ongoing discussions.
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