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December 20, 2024

El Salvador’s Bitcoin Strategy Under Scrutiny Post IMF Agreement

El Salvador, the first nation to adopt Bitcoin as legal tender, is reevaluating its cryptocurrency strategy following an essential agreement with the International Monetary Fund (IMF). The country has secured a significant 1.4 billion dollar loan. This development prompts questions about El Salvador’s future stance on Bitcoin as the discussion shifts towards sustainability and long-term investments in cryptocurrency. Market observers are keenly watching this unfolding narrative.

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