El Salvador is making significant changes to its Bitcoin policies as part of a $1.4 billion loan agreement with the IMF. The country will now make Bitcoin acceptance voluntary for businesses and scale back its involvement with the Chivo wallet, which has seen limited use. This shift aims to stabilize the economy and reduce the public debt-to-GDP ratio, which peaked at 85% in 2024. Despite these changes, El Salvador plans to continue purchasing Bitcoin for its reserves.

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