How IMF’s $1.4B Deal With El Salvador, If Approved, Could Jeopardize Bitcoin’s Role as Legal Tender

The International Monetary Fund (IMF) announced on December 18, 2024, that it has reached a staff-level agreement with El Salvador for a $1.4 billion loan under its Extended Fund Facility (EFF). The agreement is currently at the staff-level stage and requires formal approval by the IMF’s Executive Board, expected by early February 2025. Approval hinges […] source: https://www.cryptoglobe.com/latest/2024/12/how-imfs-1-4b-deal-with-el-salvador-if-approved-could-redefine-bitcoins-role-as-legal-tender/