World’s first Bitcoin nation scales back crypto dream

By 2024-12-19Science & Tech

El Salvador has struck a $1.4bn (£1.1bn) loan deal with the International Monetary Fund (IMF) after agreeing to scale back its controversial bitcoin policies.

The global lender said risks related to the adoption of the world’s largest cryptocurrency had eased now that businesses will be allowed to decide whether or not to accept bitcoin.

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