It's a red-looking Monday, December 9th, 2024.

This is Coiness Daily.

I'm your host, Christine Lee.

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milestone. This says El Salvador is in talks to scale back its use of Bitcoin as legal tender

and a reserve asset to secure a

$1.3 billion loan from the IMF. The Financial Times reporting that a deal could be reached in the next

two to three weeks and could also unlock another $1 billion loan from the World Bank and $1 billion

in lending from the Inter-American Development Bank over the next few years.

This as Salvadoran president, Naibu Keli, has been highlighting his country's unrealized gains from its Bitcoin investments on X worth more than $333 million after BTC surpassed $100,000

for the first time last week.

Meanwhile, the royal government of Bhutan sent over 400 Bitcoin's worth about $40 million

...