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El Salvador allows voluntary Bitcoin payments in new IMF loan deal

IMF loan supports Bitcoin policy: El Salvador has secured a 1,400,000,000 USD loan from the IMF, allowing optional Bitcoin payments. This move indicates a strategic approach to incorporate digital currencies while assisting less experienced users in engaging with the financial system.

Adaptation to digital currency: By making Bitcoin payments voluntary, El Salvador aims to stabilize its economy and broaden financial access. This policy change showcases the country’s effort to adapt to the cryptocurrency landscape and foster broader adoption.

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