IMF asks El Salvador to amend Bitcoin law to receive 1.4 billion credit line
The International Monetary Fund (IMF) forced El Salvador to amend the "Bitcoin Law" to obtain a $1.4 billion credit line. Neither the IMF nor the El Salvador government issued an official statement on the matter. El Salvador's President Nayib Bukele is actively working to reduce the country's debt pressure. Several A few days ago Nayib Bukele also invited people to buy the country's foreign debt. It is reported that in 2021, El Salvador President Nayib Bukele announced the adoption of Bitcoin as legal tender. Starting in September of that year, Bitcoin became the country's second legal tender after the US dollar.
Release time
2024-04-13 15:27:40