EL SALVADOR’S CHANGING BITCOIN GAME UNLOCKS $3B IN LOANS
El Salvador’s backing off on mandatory Bitcoin adoption for businesses, and it might unlock $3 billion in loans.
This move clears the way for a $1.3B IMF deal, plus more cash from the World Bank and Inter-American Development Bank.
President Bukele’s been riding hard for Bitcoin, but now even he’s admitting the experiment wasn’t perfect.
Still, with 5,750 $BTC in the vault, El Salvador’s banking on Bitcoin’s future—and trying to keep the cash flowing!