$BTC #SaylorBTCPurchase El Salvador eliminates the requirement to accept Bitcoin as legal tender
El Salvador has reformed its Bitcoin Law, eliminating the obligation to accept payments in this cryptocurrency starting April 1, 2025. This decision marks a shift in the country's economic policy, which in 2021 became the first sovereign state to adopt Bitcoin as legal tender. The reform was approved by the Legislative Assembly on January 30, 2025, and President Nayib Bukele ratified the measure.
es.wikipedia.org
Despite the removal of the obligation, the Salvadoran government maintains its investment in Bitcoin, which amounts to approximately 163 million dollars in 6,011 BTC. The reform aims to balance the adoption of innovative financial technologies with consumer protection and the economic stability of the country.
es.wikipedia.org
This change has sparked debate among political and economic sectors, reflecting the challenges of implementing monetary policies based on cryptocurrencies in emerging economies.
