Lawmakers in El Salvador rush new bitcoin reform after IMF deal
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 rushes Bitcoin reform ahead of $1.4 billion IMF loan deal, BTC recovers from China AI shock
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.
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with South Africa.
The Associated Press on MSN12d
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