IMF Puts Brakes on El Salvador’s Bitcoin Frenzy

El Salvador’s Nayib Bukele Confirms Bitcoin Buying Continuation Despite IMF Warning
El Salvador's President Nayib Bukele insists on continuing Bitcoin purchases despite IMF restrictions, signaling ongoing crypto strategy.
El Salvador's Bukele Says Bitcoin Purchases Won't Stop Due to IMF Deal
A clause in the country's recently-completed IMF financing deal suggested a prohibition against El Salvador accumulating any additional bitcoin.
IMF Puts the Brakes on El Salvador’s Bitcoin Frenzy
In a controversial move to temper El Salvador’s Bitcoin enthusiasm, the International Monetary Fund (IMF) has rolled out fresh terms under a
El Salvador agrees to pause on public BTC accumulation as part of the $1.4 billion IMF loan deal
The International Monetary Fund (IMF) is halting El Salvador’s public sector’s Bitcoin purchases as part of the recently approved $1.4 billion loan deal. The fund highlighted its demands in an extended agreement under the Extended Fund Facility for El Salvador,
El Salvador’s Bukele Adds 19 Bitcoin as IMF Pushes Back on BTC Adoption
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.
El Salvador Accumulates More Bitcoin Despite IMF’s Directive To Restrict BTC Exposure
El Salvador's latest Bitcoin purchase defies the IMF but President Nayib Bukele shows no signs of slowing down.
El Salvador buys Bitcoin dip, adding 5 BTC amid price plunge to $83,000
El Salvador buys 5 BTC amid price plunge to $83,000, increasing holdings to 6,100 BTC, as IMF cautions on continued crypto activities.
IMF Imposes New Bitcoin Rules on El Salvador Through Its $1.4 Billion Loan
The IMF has issued stricter rules to curtail El Salvador's investment in Bitcoin as conditions for the country's $1.4 billion loan.
El Salvador's Bitcoin Law Changes To Secure IMF Funding
El Salvador' Law changes helped the country to secure up to $3.5 billion, despite some criticism among Bitcoin advocates.
Hosted on MSN2h
Dunwoody police apologize for arresting El Salvador consulate employee over ID concerns
Dunwoody police have issued an apology to an employee of the Consulate General of El Salvador after they arrested him for ...
Migrant couple can stay in UK because warring El Salvador gangs ‘would stop relationship’
Immigration tribunal rules pair can remain in UK, even though they do not speak English and are not self-sufficient ...
NACLA1d
The U.S. War on Migrants Gets Help from El Salvador
El Salvador's offer to house deportees and U.S. citizens in its infamous prisons – for profit – signals a new and troubling ...
biznews.com1d
🔒 The Economist: El Salvador’s wild crypto experiment ends in failure
For much of the time since Nayib Bukele became president in 2019, El Salvador has teetered on the brink of default.
Convicted killer from El Salvador caught in N.J. after illegally reentering U.S., feds say
A citizen of El Salvador, previously convicted for double homicide in his home country, was arrested Friday in Elizabeth, ...
Dominican Today8h
Rainieri discusses sustainable tourism investment with Bukele
El Salvador.- Grupo Puntacana continues to expand its influence in the regional tourism industry with a key visit to El ...
Crypto Briefing2d
El Salvador's president Nayib Bukele meets with a16z founders to discuss AI and tech investments
President Bukele and a16z discuss tech investments, AI development, and positioning El Salvador as a regional tech hub.
CCN on MSN14h
IMF Deal Forces El Salvador To Liquidate Bitcoin Trust, Cut Chivo Wallet, and Accept Stricter Transparency Terms
The $1.4 billion IMF loan requires El Salvador to improve transparency and Bitcoin-related financial oversight. The ...