🚨 EL SALVADOR SCALES BACK BITCOIN PLAN FOR $3.5B IMF DEAL
🔹Bitcoin Shift: El Salvador makes Bitcoin optional for businesses and phases out its Chivo wallet.
🔹IMF Deal: The move is aimed at securing a $3.5B deal with the IMF.
🔹Regulatory Changes: Taxes will now be paid in USD, with limited crypto use in the public sector.
🔹$BTC New Rules: Increased regulations and transparency signal a more controlled approach to crypto adoption.
#ElSalvador #Bitcoin #IMFDeal #CryptoRegulation
Source: Bitcoin Magazine.