El Salvador approves new bill to comply with IMF deal
The reform passed with 55 votes, with only two against El Salvador became the first country to accept Bitcoin as legal tender in 2021 In December, El Salvador announced it…
El Salvador to ‘confine’ its Bitcoin activities in $1.4bn loan deal with the IMF
The IMF said “potential risks” of El Salvador’s Bitcoin project will be “diminished significantly” A Bitcoin podcaster questioned the true cost of the IMF’s monetary assistance to El Salvador El…
El Salvador to change Bitcoin plans to secure $1.3bn IMF loan
El Salvador would also receive $1 billion in lending from the World Bank and $1 billion from the Inter-American Development Bank Under the IMF agreement, El Salvador would change a…
IMF recommends El Salvador to limit the public’s exposure to Bitcoin
The IMF wants El Salvador to limit “public sector exposure to Bitcoin” The financial agency’s remarks follow an August statement, which talked about “mitigat the risks from Bitcoin” The International…
IMF MD asks for global preparation for central bank digital currencies (CBDCs)
IMF’s Georgieva urges global readiness for CBDCs at Singapore FinTech Festival. CBDCs are a potential cash replacement, enhancing resilience, and promoting financial inclusion. IMF introduces CBDC handbook and acknowledges BIS’s…