The Congress of El Salvador approved on Wednesday in a lightning session an initiative sent just minutes before by President Nayib Bukele to modify the National Bitcóin Law and comply with A demand from the International Monetary Fund (IMF) so that the acceptance of the cryptocurrency is voluntary.
In mid -December, El Salvador He reached an agreement with the IMF to expand a credit line of about US $ 1.4 billion, But the international body requested Bitcóin in the Central American country that considered that potential risks would decrease due to the use of cryptocurrency.
The IMF specifically requested that the Bitcoin acceptance was voluntary by the private sector, What contemplates the law approved in a session in which legislators voted rapidly after reading the initiative barely.
It also contemplates delimiting the use of bitcóin in transactions and purchases by the governmentanother request from the IMF.
El Salvador became, in 2021, in the first country in the world to formalize Bitcóin as legal tender, along with the US dollara change driven by Bukele.
After reaching the agreement with the IMF, The Bukele government said it would continue to buy bitcoines, possibly at an accelerated pace.
The cryptocurrency has been favored by the expectations of a more favorable regulatory configuration in the United States with the arrival of Donald Trump to the White House, that promoted the bitcóin to historical maximums in 2024.
