馃毃 EL SALVADOR SCALES BACK BITCOIN PLAN FOR $3.5B IMF DEAL

馃敼Bitcoin Shift: El Salvador makes Bitcoin optional for businesses and phases out its Chivo wallet.

馃敼IMF Deal: The move is aimed at securing a $3.5B deal with the IMF.

馃敼Regulatory Changes: Taxes will now be paid in USD, with limited crypto use in the public sector.

馃敼$BTC New Rules: Increased regulations and transparency signal a more controlled approach to crypto adoption.

#ElSalvador #Bitcoin #IMFDeal #CryptoRegulation

Source: Bitcoin Magazine.