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IMF Puts Brakes on El Salvador’s Bitcoin Frenzy

El Salvador announces more bitcoin purchases, gives IMF assurances

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.

The Daily Hodl · 18m

President Nayib Bukele Says El Salvador Will Continue Accumulating Bitcoin Despite IMF Pushback

El Salvador President Nayib Bukele says his country will continue accumulating Bitcoin (BTC) despite rumors suggesting otherwise.

El Salvador Bitcoin Accumulation Is “Not Stopping”: Bukele Reaffirms

President Bukele reaffirmed that El Salvador Bitcoin Accumulation will continue despite recent information regarding IMF conditions for granting a $1.4 billion loan.

2h

How can Bukele still stack Bitcoin after IMF loan agreement?

El Salvador appeared to contradict a recent agreement with the IMF to cease public investment in Bitcoin. Salvadoran ...

CCN on MSN2d

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 ...

The Economist4d

El Salvador’s wild crypto experiment ends in failure

Then there was his crypto fixation. In 2021 El Salvador became the first country to make bitcoin legal tender, alongside the ...

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