El Salvador is reportedly in discussions with the International Monetary Fund (IMF) to secure a loan amounting to $1.3 billion. The country plans to adjust its Bitcoin Law as part of the conditions for the loan agreement.
The move marks a significant moment for El Salvador, which was the first country to adopt Bitcoin as legal tender. The proposed changes could have notable implications for its financial and economic strategies.
These discussions highlight the balancing act nations face when incorporating cryptocurrency within traditional financial frameworks.
