{"id":10501,"date":"2025-01-30T14:01:38","date_gmt":"2025-01-30T14:01:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10501"},"modified":"2025-01-30T14:01:38","modified_gmt":"2025-01-30T14:01:38","slug":"el-salvador-changes-bitcoin-law-but-legal-tender-status-remains","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10501","title":{"rendered":"El Salvador Changes Bitcoin Law But Legal Tender Status Remains"},"content":{"rendered":"<div>\n<p>El Salvador&#8217;s Congress passed a legislative amendment on Wednesday to alter the country&#8217;s <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) policy, making its acceptance <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42973241\/will-el-salvador-install-bitcoin-nodes-in-every-household\">voluntary rather than mandatory<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>The move, introduced by President <strong>Nayib Bukele<\/strong>, was approved as part of efforts to meet conditions set by the International Monetary Fund in a $1.4 billion loan agreement, according to Reuters.<\/p>\n<p>Under the new framework, Bitcoin remains legal tender, but businesses will no longer be obligated to accept it as a means of payment. <\/p>\n<p>The IMF had previously recommended limiting El Salvador&#8217;s exposure to Bitcoin and making its use optional in the private sector.<\/p>\n<p>El Salvador became the first nation to &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43336076\/el-salvador-changes-bitcoin-law-but-legal-tender-status-remains\" alt=\"El\" salvador changes bitcoin law but legal tender status remains>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>El Salvador&#8217;s Congress passed a legislative amendment on Wednesday to alter the country&#8217;s Bitcoin (CRYPTO: BTC) policy, making its acceptance voluntary rather than mandatory. What Happened: The move, introduced by President Nayib Bukele, was approved as part of efforts to meet conditions set by the International Monetary Fund in a $1.4 billion loan agreement, according [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10501","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10501"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10501\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}