El Salvador's Congress has swiftly approved a proposal from President Nayib Bukele to reform the country's Bitcoin law, making Bitcoin adoption voluntary to align with conditions set by the International Monetary Fund (IMF). The reform received overwhelming support, with 55 votes in favor and only two against. This move comes after El Salvador's recent $1.4 billion loan agreement with the IMF and aims to address limitations on the government's Bitcoin involvement while maintaining the country's commitment to continued Bitcoin purchases. The reform ensures Bitcoin's permanence as legal tender and supports its practical implementation.



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