{"id":135530,"date":"2024-08-14T20:00:42","date_gmt":"2024-08-14T17:00:42","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135530"},"modified":"2024-08-14T14:58:08","modified_gmt":"2024-08-14T11:58:08","slug":"bitcoin-adoption-in-el-salvador-imf-and-government-reach-agreement-milestone","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-adoption-in-el-salvador-imf-and-government-reach-agreement-milestone\/","title":{"rendered":"Bitcoin Adoption in El Salvador: IMF and Government Reach Agreement Milestone"},"content":{"rendered":"<p>These <strong><a href=\"https:\/\/www.imf.org\/en\/News\/Articles\/2024\/08\/06\/pr-24302-el-salvador-imf-staff-statement\" target=\"_blank\" rel=\"nofollow\">discussions<\/a><\/strong> aim to bolster public finances and ensure financial stability, potentially resulting in an IMF-backed program.<\/p>\n<p>The focus of the negotiations between the IMF and Salvadoran officials is on strategies to improve the country\u2019s fiscal health.<\/p>\n<p>The IMF has reported that progress is being made on a program designed to enhance public finances, boost bank reserves, increase transparency, and address <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong>-related risks.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/spot-bitcoin-etfs-see-over-19-3-billion-in-net-inflows-this-year\/\" title=\"Spot Bitcoin ETFs See Over $19.3 Billion in Net Inflows This Year\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/09\/bitcoin-btc-125-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Spot Bitcoin ETFs See Over $19.3 Billion in Net Inflows This Year<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Key areas of the discussions include increasing the primary fiscal balance by 3.5% of GDP over the next three years, strengthening bank reserves to maintain financial stability, and improving governance and transparency concerning Bitcoin use.<\/p>\n<p>The IMF has noted that while Bitcoin-related risks have not yet emerged, it still has concerns about Bitcoin\u2019s role as legal tender. The organization stresses the importance of continued efforts to enhance transparency and mitigate potential risks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund (IMF) and El Salvador are making headway towards a deal to address concerns linked to Bitcoin\u2019s use as legal tender.<\/p>\n","protected":false},"author":3,"featured_media":34592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-135530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Adoption in El Salvador: IMF and Government Reach Agreement Milestone<\/title>\n<meta name=\"description\" content=\"The 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