El Salvador ends Bitcoin as legal tender — Here’s why it didn’t work
Referenced by
El Salvador amended its bitcoin law to comply with IMF
Crypto news
News story
On January 30, 2025, the Salvadoran Congress took action, agreeing to revise the law in exchange for a $1.4 billion loan from the IMF
Crypto news
Quote
Polls from 2021 showed that only 15% of the population trusted Bitcoin, and 70% of respondents opposed its adoption
Crypto news
Quote