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Market
Will El Salvador make Bitcoin acceptance voluntary by December 31, 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official government decree or announcement from El Salvador
Story
El Salvador Agrees to Voluntary Bitcoin Acceptance for $1.3B IMF Deal
Dec 9, 2024, 12:35 PM
El Salvador is set to scale back its pioneering use of Bitcoin as legal tender in order to secure a $1.3 billion loan from the International Monetary Fund (IMF). The country expects to finalize the deal within the next two to three weeks by agreeing to make Bitcoin acceptance voluntary for businesses, instead of mandatory. This move is part of the conditions set by the IMF to unlock additional international lending for El Salvador.
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Similar markets
Yes • 50%
No • 50%
Mandatory acceptance • 25%
Voluntary acceptance • 25%
Prohibited acceptance • 25%
Mixed policies • 25%
Yes • 50%
No • 50%
Mandatory • 25%
Voluntary • 25%
Revoked • 25%
Unchanged • 25%
New Bitcoin purchase strategy • 25%
New Bitcoin-related infrastructure project • 25%
New Bitcoin-related financial instrument • 25%
None of the above • 25%
Voluntary acceptance • 25%
Mandatory acceptance • 25%
Bitcoin no longer legal tender • 25%
No change • 25%
