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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.

Markets Insider · 3h

El Salvador’s Bitcoin Buying Continues Despite IMF Loan Agreement

El Salvador isn’t backing down from Bitcoin just yet. Despite agreeing to an International Monetary Fund (IMF) loan deal that restricts

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.

Cryptopolitan on MSN2d

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 ...

The Economist5d

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 ...

CCN on MSN3d

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 ...

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