Bitcoin, El Salvador

El Salvador buys more Bitcoin while adjusting policies for IMF
El Salvador has added 50 BTC to its reserves in the past month, continuing its Bitcoin accumulation strategy despite adjusting regulations to meet International Monetary Fund (IMF) conditions. On Saturday, the country purchased another 5 BTC, bringing its total Bitcoin holdings to approximately 6,055 BTC, valued at over $606 million.
Failure or 5D chess? El Salvador IMF deal walks back Bitcoin adoption
El Salvador has rescinded Bitcoin’s status as a full legal tender in order to close a deal with the International Monetary Fund (IMF), leaving Bitcoin (BTC) advocates split over what this means for adoption in the country.
El Salvador adds 5 more Bitcoins to strategic reserves
El Salvador bought 5 more BTC in the last 24 hours, bringing its total Bitcoin holdings to roughly 6055 BTC, valued at $618.9 million. The country continues to increase its holdings even though only about 8% of the Salvadorian population uses Bitcoin for transactions.
Lawmakers in El Salvador rush new bitcoin reform after IMF deal
El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib Bukele to amend its bitcoin law to comply with a deal with a key international lender to make acceptance of the cryptocurrency voluntary.
El Salvador Ends Bitcoin’s Legal Tender Status Amid IMF Pressure
El Salvador cancels Bitcoin’s legal tender status, making its use voluntary while Bitfinex Securities expands investment options with BMN2.
El Salvador Bends the Knee on Bitcoin, Complies With IMF
El Salvador’s Congress passed a bill on Jan. 29 to amend key aspects of its Bitcoin law. The changes align with conditions set by the
El Salvador Rushes to Approve Bitcoin Law Amendment to Comply With IMF Loan Terms
El Salvador has rushed to approve an amendment that will keep it compliant with the terms of its $1.4 billion IMF loan.
El Salvador approves new bill to comply with IMF deal
El Salvador’s Congress has approved a bill to change its Bitcoin law to comply with a deal it struck with the International Monetary Fund (IMF).
El Salvador Passes Change to Bitcoin Law, Sparking Bond Gain
El Salvador’s dollar bonds rose the most in emerging markets Thursday after lawmakers approved changes to the nation’s Bitcoin law that were needed to secure an International Monetary Fund loan.Most R
El Salvador Adds 11 Bitcoin to Its Reserves—Despite IMF Pressure to Back Off BTC
El Salvador bought 11 Bitcoin worth more than $1 million at the time of writing—despite pressure from the IMF to back off BTC.
El Salvador rushes in new Bitcoin law to comply with IMF deal: Report
El Salvador has quickly passed a bill to amend its Bitcoin law, making it voluntary for businesses to accept the asset as payment, Reuters reported.
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El Salvador Scraps Bitcoin Legal Tender Status to Secure $1.4B IMF Loan
Despite policy changes, El Salvador remains committed to Bitcoin through continued investments and new crypto initiatives.
Nayib Bukele sticks to ‘Bitcoin piggy bank’ strategy, but is it working?
El Salvador continues to expand its national Bitcoin holdings as President Nayib Bukele predicts an “exponential” surge in ...