Sovereign · December 19, 2024
El Salvador scales back its Bitcoin law for an IMF deal
Price at event
$97,381
Today
$73,405
Decline
-25%
El Salvador agrees to make Bitcoin acceptance voluntary for businesses, stop taking BTC for taxes, and wind down the Chivo wallet to secure a $1.4B IMF facility — partly reversing its 2021 legal-tender experiment.
⸺ Sources ⸺