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The #Salvador Adjust Policies of $BTC to Obtain Loan from #FMI š
El Salvador has agreed to make significant changes to its #politicas on Bitcoin to receive a loan of 1.4 billion dollars from the IMF. The reforms include making the acceptance of Bitcoin by the private sector voluntary and limiting the public sector's involvement in Bitcoin-related activities. Despite the initial adoption of Bitcoin in 2021, a recent survey shows that 92% of Salvadorans do not use Bitcoin for transactions. The agreement, which still requires approval, will facilitate additional loans and raises the total financing package to over 3.5 billion dollars. $BTC
El Salvador has agreed to make significant changes to its #politicas on Bitcoin to receive a loan of 1.4 billion dollars from the IMF. The reforms include making the acceptance of Bitcoin by the private sector voluntary and limiting the public sector's involvement in Bitcoin-related activities. Despite the initial adoption of Bitcoin in 2021, a recent survey shows that 92% of Salvadorans do not use Bitcoin for transactions. The agreement, which still requires approval, will facilitate additional loans and raises the total financing package to over 3.5 billion dollars. $BTC
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