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Financial Crypto Currency

El Salvador to Shut or Sell Chivo Crypto Wallet as Part of $3.5B IMF Deal

The country's concessions include that taxes must be paid in U.S. dollars, not bitcoin, and bitcoin acceptance will be made voluntary in the private sector.

By: CoinDesk

  • Dec 21 2024
  • 4
  • 316 Views
El Salvador to Shut or Sell Chivo Crypto Wallet as Part of $3.5B IMF Deal
El Salvador to Shut or Sell Chivo Crypto Wallet as Part of $3.5B IMF Deal
El Salvador is in the process of securing a $3.5 billion deal with the International Monetary Fund, but is making some concessions around bitcoin (BTC) to get the funding.
Stacey Herbert, director o… [+2429 chars]

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