Wu Blockchain (@WuBlockchain): According to the Spanish newspaper El País, the El Salvador Congress recently passed a reformed Bitcoin Act, officially canceling Bitcoin's status as…

According to the Spanish newspaper El País, the El Salvador Congress recently passed a reformed Bitcoin Act, officially canceling Bitcoin's status as legal tender. The decision was made under pressure from the IMF to meet the conditions for obtaining a $1.4 billion loan. Under the new regulations, the use of Bitcoin becomes voluntary, merchants and institutions are no longer forced to accept it, and it cannot be used to pay taxes. Although President Nayib Bukele has promoted Bitcoin as an economic breakthrough, polls show that the vast majority of people have not benefited and the economic situation has not improved. elpais.com/america/2025-0…