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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.

Cryptopolitan on MSN · 17h

President says El Salvador’s won’t stop buying Bitcoin following IMF claim – ‘Proof of work > proof of whining’

The El Salvador government recently signed a $1.4B financing deal with the IMF. The deal includes measures aimed at reducing the country’s Bitcoin exposure. Despite the agreement, El Salvador has continued to increase its Bitcoin portfolio.

International Business Times · 20h

Nayib Bukele Says El Salvador Will Keep Buying Bitcoin Despite IMF Deal, Draws Criticism

Nayib Bukele is under fire among Bitcoiners and prominent figures in the crypto industry after he insisted that El Salvador will not halt its strategic Bitcoin reserve even if the IMF's funding deal c

5d

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.

CCN on MSN1d

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 Economist3d

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 ...

Crypto Briefing3d

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.

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