El Salvador is unfazed by concerns around its Bitcoin reserve following a recent agreement with the IMF to concede some of ...
The Inter-American Development Bank (IDB) will lend El Salvador $500 million to shore up its budget as the Central American ...
El Salvador announced on Wednesday the purchase of a bitcoin, which takes the total in the country's strategic reserve to above 6,102 coins, the National Bitcoin Office posted on social media.
Negotiations with the IMF over a bail-out were deadlocked. Mr Bukele’s relentless attacks on the judiciary, his opponents and the media did not inspire confidence. Then there was his crypto fixation.
The International Monetary Fund (IMF) is looking to restrict Bitcoin purchases by El Salvador as part of an extended $1.4 billion funding arrangement with the country. On March 3, the IMF issued a ...
Opposition party criticizes Bukele's Bitcoin stance, warning it could destabilize El Salvador's economy despite receiving IMF loans.
On March 20, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with El Salvador.
El Salvador acquired 13 Bitcoin (BTC) since March 1, despite International Monetary Fund (IMF) pressure on the country’s public sector to stop accumulating the decentralized store of value asset.
El Salvador buys 5 BTC in a day, increasing reserves to 6,105 BTC. Bukele remains committed to Bitcoin despite IMF pressure.
El Salvador now holds 6,111 BTC worth $501.88 million, with a majority of purchases in profit. It has purchased 40 BTC in the past 30 ...
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