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Will Bitcoin remain legal tender in El Salvador by December 31, 2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official statements from El Salvador's government or legislative documents
Story
El Salvador to Ramp Up Bitcoin Buys for Strategic Reserve Despite IMF Agreement on Chivo Wallet
Dec 19, 2024, 03:01 PM
El Salvador plans to continue purchasing Bitcoin, potentially at an accelerated pace, for its strategic reserve, according to statements from Herbert, the Director of the Bitcoin Office in the country. This move comes despite an agreement with the International Monetary Fund (IMF) that will lead to the sale or discontinuation of the country's official Bitcoin wallet, Chivo. Bitcoin will remain legal tender in El Salvador, as confirmed by Herbert.
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Mandatory • 25%
Voluntary • 25%
Revoked • 25%
Unchanged • 25%
Remains legal tender • 25%
Voluntary for businesses • 25%
No longer legal tender • 25%
Other • 25%
Remains legal tender • 33%
Voluntary use only • 33%
No longer legal tender • 33%
Mandatory acceptance • 25%
Voluntary acceptance • 25%
Prohibited acceptance • 25%
Mixed policies • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Voluntary acceptance • 25%
Mandatory acceptance • 25%
Bitcoin no longer legal tender • 25%
No change • 25%