Catenaa, Saturday, December 21, 2024 – El Salvador has reached a $1.4 billion loan agreement with the International Monetary Fund (IMF) after agreeing to reduce its reliance on bitcoin as legal tender. The deal comes as the cryptocurrency briefly hit a record high of over $108,000 this week.  Under the agreement, businesses in El Salvador […]

Catenaa, Tuesday, December 10, 2024-El Salvador is reportedly set to amend its controversial Bitcoin law to secure a multi-billion-dollar deal with the International Monetary Fund (IMF), according to a report from the Financial Times. The agreement, expected in the coming weeks, would provide $2 billion in funding from the IMF, World Bank, and Inter-American Development […]