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 ...
The IMF said bitcoin usage remains marginal in El Salvador, with minimal circulation as a payment method due to its high price volatility and low public trust.
On March 20, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with El Salvador.
Opposition party criticizes Bukele's Bitcoin stance, warning it could destabilize El Salvador's economy despite receiving IMF loans.
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 buys 5 BTC in a day, increasing reserves to 6,105 BTC. Bukele remains committed to Bitcoin despite IMF pressure.
EL Salvador has bypassed the IMF's condition to limit Bitcoin accumulation by purchasing another 5 BTC on Sunday.
As the IMF pressures countries like El Salvador, the U.S. is quietly integrating Bitcoin into its economy, reflecting a ...
Making the crypto asset legal tender was a worthy experiment, but financial innovation requires more state capacity and better regulations.
The Bank of Korea (BoK) has said that Bitcoin (BTC) does not meet the nation’s or the International Monetary Fund’s (IMF’s) ...