El Salvador gets IMF $1.4bn deal after scaling back bitcoin bet
Source: BBC
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. The IMF said risks related to the adoption of the world's largest cryptocurrency had eased now that businesses will be allowed to decide whether or not to accept bitcoin.In 2021, El Salvador became the first country in the world to make bitcoin acceptance…
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