Nostr News Network on Nostr: Adios BTC maximalism in El Salvador. The IMF and El Salvador just signed a new ...
Adios BTC maximalism in El Salvador.
The IMF and El Salvador just signed a new agreement to unlock $1.4bn that Bukele needs.
BTC will no longer be legal tender in El Salvador. Acceptance by the private sector must be voluntary. Taxes only paid in USD, the Chivo wallet to be unwound and crypto regulation enhanced
(El Salvador’s crypto regulation is lax, which is why BitFinex Securities is regulated there)
The IMF and El Salvador just signed a new agreement to unlock $1.4bn that Bukele needs.
BTC will no longer be legal tender in El Salvador. Acceptance by the private sector must be voluntary. Taxes only paid in USD, the Chivo wallet to be unwound and crypto regulation enhanced
(El Salvador’s crypto regulation is lax, which is why BitFinex Securities is regulated there)