El Salvador Proposes Bitcoin Policy Reforms to Unlock $1.3B IMF Loan
El Salvador, renowned as the first nation to adopt Bitcoin as legal tender, appears to be re-evaluating its stance on cryptocurrency under mounting pressure from the International Monetary Fund (IMF). The country is reportedly in discussions to secure a $1.3 billion loan from the IMF by agreeing to amend its Bitcoin Law. According to sources […]
Changpeng Zhao Predicts China’s Inevitable Move to Establish a Bitcoin Reserve
Former Binance CEO Changpeng “CZ” Zhao suggested that China might eventually establish a strategic Bitcoin reserve, potentially following the lead of the incoming United States presidential administration. Speaking at the Bitcoin MENA conference in Abu Dhabi on Dec. 9, Zhao predicted that smaller countries would likely adopt Bitcoin reserves first, but emphasized that China’s approach […]