El Salvador to sell or discontinue its Bitcoin wallet

El Salvador says it will keep buying bitcoin despite IMF warning
El Salvador said on Thursday it would keep buying bitcoin, possibly at an accelerated pace, a day after the government reached a financing agreement with the International Monetary Fund that had said it should limit its exposure to the cryptocurrency.
El Salvador Made Bitcoin an Official Currency. Now It’s Backtracking for IMF Loan.
The organization is showing flexibility by allowing the bitcoin program to proceed in a limited way.
El Salvador to sell or discontinue its bitcoin wallet as part of IMF deal
El Salvador will sell or discontinue its bitcoin (BTC-USD) wallet Chivo as part of a new deal with the International Monetary Fund, an official said on Thursday. El Salvador, the first country to make bitcoin (BTC-USD) legal tender,
El Salvador Reduces Bitcoin Engagement as Part of IMF Loan Conditions
El Salvador adjusts Bitcoin policies under IMF loan deal, reducing government involvement and merchant requirements.
El Salvador May Accelerate Bitcoin Buys Following IMF Deal Concessions
El Salvador will keep buying Bitcoin despite a deal with the IMF to scale back some BTC policies, its National Bitcoin Office said.
IMF Pressures El Salvador To Stop Pushing Bitcoin
El Salvador has agreed to scale back its crypto agenda in exchange for a $1.4 billion loan from the International Monetary Fund (IMF), marking a shift in
El Salvador to Secure $1.4 Billion IMF Deal, Bitcoin Acceptance Becomes Voluntary
El Salvador has reached a preliminary arrangement with the International Monetary Fund (IMF) on a $1.4 billion loan.
El Salvador to Scale Back Bitcoin Efforts Under $1.4 Billion IMF Deal
Under the agreement, El Salvador will make Bitcoin acceptance voluntary for the private sector while restricting public sector involvement.
Chivo Architect Says It’s Time to Shut Down El Salvador Bitcoin Wallet
One of the architects of El Salvador’s state-run Chivo crypto wallet has claimed the government should shut the app down. Find out more!
LATAM crypto update: El Salvador boosts Bitcoin buying amid IMF warning, MetaMask launches crypto debit card
This week, the LATAM cryptocurrency landscape demonstrated its dynamic nature once more with El Salvador boosting its BTC purchases.
El Salvador to Shut or Sell Chivo Crypto Wallet as Part of $3.5B IMF Deal
The country's concessions include that taxes must be paid in U.S. dollars, not bitcoin, and bitcoin acceptance will be made voluntary in the private sector.
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