El Salvador has reached a loan agreement of 1.4 billion USD with the International Monetary Fund (IMF) after agreeing to scale back its ambitious Bitcoin initiatives. 🤝

- This agreement aims to support El Salvador's reform program, strengthen financial sustainability, and facilitate inclusive growth.

- The government will make the use of Bitcoin optional for private enterprises while limiting Bitcoin-related activities in the public sector.

- These measures are intended to mitigate the risks from Bitcoin's volatility and protect financial integrity.

This move is expected to attract more international financial support and stabilize the economy. 🌍