Cryptocurrency Q&A
Does El Salvador have a bitcoin deal with the IMF?
Does El Salvador have a bitcoin deal with the IMF?
SamuraiWarriorSoul
Sun Feb 23 2025
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5
answers
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I heard that El Salvador has adopted Bitcoin as legal tender, but I'm wondering if they also have some sort of agreement or deal with the International Monetary Fund (IMF) regarding this cryptocurrency.
5 answers
mia_rose_lawyer
Tue Feb 25 2025
Over the span of 40 months, this financial assistance would be dispersed to the Central American country.
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CharmedFantasy
Tue Feb 25 2025
On December 18, Bukele's administration entered into a financing accord with the International Monetary Fund (IMF).
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Daniele
Tue Feb 25 2025
According to the agreement, the IMF stipulated certain conditions for El Salvador to receive a loan of $1.4 billion.
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Maria
Mon Feb 24 2025
A key stipulation of the deal was the reduction of Bitcoin-related activities by El Salvador's government.
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Valentino
Mon Feb 24 2025
The IMF emphasized that government-led Bitcoin transactions, purchases, and operations would be severely restricted as part of the accord.
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