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Bitcoin, El Salvador and IMF
LATAM crypto update: El Salvador boosts Bitcoin buying amid IMF warning, MetaMask launches crypto debit card
This week, the LATAM cryptocurrency landscape demonstrated its dynamic nature once more with El Salvador boosting its BTC purchases.
Bitcoin purchases to continue in El Salvador despite IMF warning
“El Salvador will continue buying bitcoin (at possibly an accelerated pace) for its Strategic Bitcoin Reserve.” This acquisition aligns with President Nayib Bukele’s strategy to purchase one Bitcoin daily. This demonstrates the nation’s unwavering commitment to incorporating Bitcoin into its financial framework.
El Salvador Made Bitcoin an Official Currency. Now It’s Backtracking for IMF Loan.
The organization is showing flexibility by allowing the bitcoin program to proceed in a limited way.
El Salvador to sell or discontinue its bitcoin wallet as part of IMF deal
El Salvador will sell or discontinue its bitcoin (BTC-USD) wallet Chivo as part of a new deal with the International Monetary Fund, an official said on Thursday. El Salvador, the first country to make bitcoin (BTC-USD) legal tender,
El Salvador says it will keep buying bitcoin despite IMF warning
El Salvador said on Thursday it would keep buying bitcoin, possibly at an accelerated pace, a day after the government reached a financing agreement with the International Monetary Fund that had said it should limit its exposure to the cryptocurrency.
El Salvador to Secure $1.4 Billion IMF Deal, Bitcoin Acceptance Becomes Voluntary
El Salvador has reached a preliminary arrangement with the International Monetary Fund (IMF) on a $1.4 billion loan.
El Salvador May Accelerate Bitcoin Buys Following IMF Deal Concessions
El Salvador will keep buying Bitcoin despite a deal with the IMF to scale back some BTC policies, its National Bitcoin Office said.
IMF Pressures El Salvador To Stop Pushing Bitcoin
El Salvador has agreed to scale back its crypto agenda in exchange for a $1.4 billion loan from the International Monetary Fund (IMF), marking a shift in
El Salvador will reportedly dial back its bitcoin ambitions to secure a loan from the IMF
Crypto-friendly El Salvador could end a mandate requiring businesses to accept bitcoin as payment, sources told The Financial Times.
El Salvador to Scale Back Bitcoin Efforts Under $1.4 Billion IMF Deal
Under the agreement, El Salvador will make Bitcoin acceptance voluntary for the private sector while restricting public sector involvement.
Bukele Is The President of El Salvador, Not Bitcoin
Well here is a wake up call. Bukele was never going to be first and foremost a champion of Bitcoin above all else. He is the leader of a nation of around six million people. That was always going to be his first priority. If it wasn’t, he would be a terrible leader.
Benzinga.com
1d
El Salvador Buys Bitcoin Dip, Scoops $1 Million Worth Of BTC A Day After IMF Urges Scaling Back
El
Salvador
made full use of the market drop Thursday by buying as many as 11 Bitcoins BTC/USD, worth over a million ...
Hosted on MSN
2d
Trump’s win boosts El Salvador’s Bitcoin holdings, but hurts president Nayib Bukele’s economic plans
President Donald Trump’s victory handed El Salvador’s Bitcoin experiment its first major win. With Bitcoin surging to an ...
Coingape
4d
Bitget Rides El Salvador’s Bitcoin Wave, Capitalizes on $362M Profit
Leading crypto exchange Bitget has been granted a license to be a Bitcoin Service Provider via El Salvador's Central Bank.
3d
'Bitcoin President' Nayib Bukele Sends 'Greetings' To French Member Of EU Parliament Calling For A European Bitcoin Reserve
Sarah Knafo, a French member of the European Parliament, has caught the attention of the Bitcoin (CRYPTO: BTC) community with ...
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IMF
International Monetary Fund
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