Quid Pro Quo: El Salvador Scores $1.4 Billion IMF Credit by Scaling Back Bitcoin Activities

1 month ago 20

 El Salvador Scores $1.4 Billion IMF Credit Scaling Back Bitcoin ActivitiesThe International Monetary Fund (IMF) reached an agreement with the government of El Salvador to provide a $1.4 billion credit facility to fund the country’s reform agenda. In exchange, El Salvador agreed to scale back bitcoin’s economic involvement to mitigate risks derived from its implementation. El Salvador to Receive $1.4 Billion Credit From the IMF, […]

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