Reported about 17 hours ago
El Salvador's lawmakers have hastily passed a bill to amend the country's bitcoin law, making cryptocurrency acceptance voluntary in line with a $1.4 billion loan agreement with the International Monetary Fund (IMF). The country, which was the first to adopt bitcoin as legal tender in 2021, is adjusting its stance on the cryptocurrency following IMF recommendations. The reform aims to ensure bitcoin's continued status and practical use, receiving overwhelming support in Congress.
Source: YAHOO