El Salvador receives $138 million from IMF after Bitcoin waivers granted

Efforts will continue to reduce the state’s involvement in Bitcoin-related activities and to strengthen crypto‑asset regulation and governance, the IMF said.
Key Takeaways
- Efforts will continue to reduce the state’s involvement in Bitcoin-related activities and to strengthen crypto‑asset regulation and governance, the IMF said.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinTelegraph. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
How Hamas Moved Over $2 Million Using Crypto and Charities
The US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 3 people and 2 charities, accusing them of moving $2 million to Hamas through crypto and sham charities. The charities are Association Baraka and Ensemble C Mieux. The three individuals are…

China Built a Car Factory So Full of Robots It Became a Tourist Attraction
Xiaomi’s EV factory in Beijing’s Yizhuang district is drawing about 27,000 lottery applications a month for roughly 1,100 tour spots, turning a production line staffed by around 700 robots and robotic arms and about 100 human overseers into a must-see…

Stablecoins may not drain banks of dollars but they can still make lending more expensive
Here's a hypothetical scenario: you want to use $100 out of your bank account to buy newly issued stablecoins. The company issuing the stablecoins takes your dollars, puts them in its own bank account, and gives you a balance you can send around on a…