El Salvador has adapted its Bitcoin law $BTC (+0,01 %) to meet the requirements of the International Monetary Fund (IMF) for a 1.4 billion dollar loan 💰. The parliament, dominated by President Nayib Bukule's party, approved a reform that ensures the voluntary (previously mandatory) adoption of Bitcoin in the private sector and limits government involvement in Bitcoin activities. These changes are intended to strengthen financial stability and address the IMF's concerns about the risks of cryptocurrencies.
13H·
El Salvador 🇸🇻 and the IMF: Keep Bitcoin, collect money - and restrict a little. 🧡
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Stefan21@stefan_21
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