El Salvador Makes Bitcoin Legal Tender

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[pmbug]

Looks like Bukele is going to take the IMF's billion+ dollar loan and buy BTC with it. It's kind of funny when you think about it.

 

[nickndfl]

Maybe the IMF should buy BTC too?

 

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[pmbug]

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Under the new framework, Bitcoin remains legal tender, but businesses will no longer be obligated to accept it as a means of payment.
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Bukele's administration has indicated that despite regulatory adjustments, El Salvador remains committed to Bitcoin and plans to continue accumulating the asset as part of its national reserves.
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https://www.msn.com/en-us/money/mar...w-but-legal-tender-status-remains/ar-AA1y7U8k

 

[searcher]

El Salvador walks back its bitcoin law

But it's also investing more in the cryptocurrency.

reason.com

 

[WinkWink]

 

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National Bitcoin Office of El Salvador

The National Bitcoin Office (ONBTC) of El Salvador under President @nayibbukele

bitcoin.gob.sv

 

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El Salvador Signs Crypto Regulation Agreement with Paraguay

The Central American nation has already entered an agreement with Argentina.

www.coindesk.com