2023-5-13 00:53 |
The legislation appeared to be another attempt at the Accountability for Cryptocurrency in El Salvador Act, originally introduced after the country's Bitcoin Law was enacted. origin »
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El Salvador has amended its Bitcoin regulations as a part of a deal with the International Monetary Fund. According to Reuters, El Salvador Congress has approved the reforms within minutes of receiving them from President Nayib Bukele, aligning the country’s…
While there is much talk about the U.S. leadership in creating the Strategic BTC reserve, the European countries are not shying away from crypto, either. The Czech Republic will soon decide to create a Bitcoin reserve. Other countries and corporations…
Since adopting Bitcoin as a legal tender back in 2021, El Salvador has pursued a consistent strategy of accumulating Bitcoin (BTC). This steady Bitcoin buying strategy, which has largely paid off since the asset’s price has soared, has continued up until now.
El Salvador now holds more than 6,000 Bitcoin, reaching this milestone after adding another BTC on Dec. 29. The country’s Bitcoin (BTC) treasury now stands at 6,000. 77 BTC, valued at approximately $561.
A good leader's first priority is to the well being of his people, not the whims of public gossip and banter.
El Salvador has reached a $1.4 billion loan agreement with the International Monetary Fund (IMF), which includes significant changes to its Bitcoin policies.
