IMF asks El Salvador to stop bitcoin-related initiatives to receive $1.4 billion credit line, market sources say

Market sources said that the International Monetary Fund (IMF) asked El Salvador to amend the "Bitcoin Law" and asked the country to stop Bitcoin-focused initiatives in order to obtain a $1.4 billion credit line. Neither the IMF nor the Salvadoran government has made an official statement on the matter, but Salvadoran President Nayib Bukele is actively involved in alleviating the country's debt pressure. A few days ago, Nayib Bukele also called for the purchase of the country's foreign debt. (Bitcoinik)