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According to the Financial Times, citing unnamed sources, El Salvador plans to ease requirements that force local businesses to accept bitcoin in a move to obtain loans of more than $3 billion. By shifting to a policy that allows businesses to voluntarily accept bitcoin, El Salvador could reach a loan agreement worth $1.30 billion with the international monetary fund, sources said. The deal will also reportedly unlock two loans, a $1 billion loan from the World Bank.

2024-12-09 18:16:06