In a move defying international pressure, El Salvador continued its Bitcoin acquisition in April 2025, adding $661,000 worth of cryptocurrency to its reserves. This purchase comes despite ongoing […]
El Salvador Doubles Down on Bitcoin Purchases Despite IMF Agreement
Despite an agreement with the International Monetary Fund (IMF) that restricts El Salvador’s use of public funds for Bitcoin purchases, the country has continued to acquire Bitcoin. Recent […]
U.S. Seeks Enhanced Leadership at IMF and World Bank
The United States aims to increase its authority within international financial bodies, including the International Monetary Fund (IMF) and World Bank, as revealed by Treasury Secretary Besant’s recent […]
El Salvador Remains Committed to Bitcoin Accumulation
El Salvador’s economy minister, María Luisa Hayem, confirmed the country’s continued commitment to accumulating Bitcoin, stating that it remains a strategic asset for the nation. Hayem underscored the […]
El Salvador defies IMF recommendations, expands cryptocurrency holdings
Despite commitments to cut cryptocurrency purchases as part of a credit agreement with the International Monetary Fund (IMF), El Salvador continues to acquire digital assets. Minister of Economy […]
El Salvador’s Bitcoin Strategy Defies IMF Conditions
Despite receiving criticism from the International Monetary Fund (IMF), El Salvador is continuing its Bitcoin investment strategy. The nation recently purchased an additional 7 Bitcoin for over $650 […]
El Salvador Deepens Bitcoin Commitment Despite IMF Loan Conditions
Despite securing a $1.4 billion loan from the IMF, El Salvador is doubling down on its Bitcoin strategy. President Bukele maintains his commitment to integrating Bitcoin into the […]
El Salvador Doubles Down on Bitcoin Purchases Amidst IMF Scrutiny
El Salvador is defying international warnings and continuing to aggressively acquire Bitcoin, despite a $1.4 billion IMF aid package limiting investments. The nation’s commitment to cryptocurrency investment remains […]
El Salvador’s Unwavering Bitcoin Purchase: Challenging IMF Agreements
Despite international warnings from the IMF, El Salvador continues its purchase of Bitcoin, defying a $1.4 billion financing deal that stipulated budget reductions in this area. The nation’s […]
El Salvador Continues Buying Bitcoin Despite IMF Loan Conditions
El Salvador, the nation that became a pioneer by adopting Bitcoin as legal currency, has been in the spotlight recently with its agreement for an IMF loan. However, […]
El Salvador’s Bitcoin Strategy: Balancing IMF Conditions Amidst Continued Growth
El Salvador, under President Nayib Bukele’s leadership, remains committed to its Bitcoin strategy despite restrictions from the International Monetary Fund (IMF). The country has strategically acquired a reserve […]
El Salvador Defies IMF, Continues Bitcoin Purchases Amidst Loan Deal
Despite securing a $1.4 billion loan from the International Monetary Fund (IMF), El Salvador continues to buy Bitcoin. Economy Minister Maria Luisa Hayem confirmed this during an interview […]
El Salvador Continues Bitcoin Purchases Despite IMF Deal
El Salvador is defying a $1.4 billion IMF loan agreement that mandated reduced Bitcoin purchases, continuing its aggressive Bitcoin accumulation despite signing the deal. The country’s Bitcoin Office […]
El Salvador Unwavering in Bitcoin Purchases Despite IMF Agreement
Despite a provision in an IMF loan agreement that restricts further Bitcoin purchases, El Salvador’s government remains committed to acquiring the cryptocurrency. El Salvador’s Minister of Economy, Maria […]
IMF Warns of US Recession Risk as Growth Forecast Downgraded
The International Monetary Fund (IMF) has issued a stark warning about the United States’ economic prospects, downgrading its growth forecast for 2025 to just 1.8%, down significantly from […]