
El Salvador's adoption of Bitcoin has become a contentious point in its negotiations with the International Monetary Fund (IMF), hindering the country's ability to secure a $1.4B loan. The IMF has reportedly demanded changes to El Salvador's Bitcoin law as a condition for the credit line. This development marks a significant moment in the relationship between national cryptocurrency adoption and international financial institutions. Meanwhile, El Salvador continues to invest in Bitcoin, buying one Bitcoin every single day as part of its national strategy.

FUN FACT: ๐ธ๐ป EL Salvador buys 1 #Bitcoin every single day. https://t.co/weImBybyrh
NEW: ๐ธ๐ป IMF demands El Salvador change its #Bitcoin law in return for a $1.4 billion loan. No. https://t.co/5m5ovsPxqq
And so begins the era of new capital markets on bitcoin in El Salvador. https://t.co/Uin8Y9BsAz