How IMF’s $1.4B Deal With El Salvador, If Approved, Could Jeopardize Bitcoin’s Role as Legal Tender

9 months ago 168

The International Monetary Fund (IMF) announced on December 18, 2024, that it has reached a staff-level agreement with El Salvador for a $1.4 billion loan under its Extended Fund Facility (EFF). The agreement is currently at the staff-level stage and requires formal approval by the IMF’s Executive Board, expected by early February 2025. Approval hinges […]

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