El Salvador is unfazed by concerns around its Bitcoin reserve following a recent agreement with the IMF to concede some of ...
Nayib Bukele, the President of El Salvador, said this Saturday that the country's only pet hospital will close.
El Salvador's President Nayib Bukele insists on continuing Bitcoin purchases despite IMF restrictions, signaling ongoing crypto strategy.
North Korea’s state-sponsored hacking group, the Lazarus Group, has accumulated a significant Bitcoin (BTC) reserve, ...
El Salvador recently reached a financial agreement with the IMF aimed at stabilizing the country’s economy and strengthening its fiscal position. Given the IMF’s historically cautious stance on ...
The $1.4 billion IMF loan requires El Salvador to improve transparency and Bitcoin-related financial oversight. The government must disclose all public-sector Bitcoin holdings and conduct ...
Despite mounting pressure from global financial institutions, El Salvador’s Bitcoin experiment shows no signs of slowing down. The International Monetary Fund ...
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.
As a part of the deal, the El Salvador government is required to publish all wallet addresses used for Bitcoin transactions. Audited financial statements must also be released for crypto-related ...
El Salvador expanded its Bitcoin reserves to over 6,102 BTC, continuing its purchases after securing a $1.4b IMF financial ...
Then there was his crypto fixation. In 2021 El Salvador became the first country to make bitcoin legal tender, alongside the ...