Pakistan’s government has faced scrutiny from the International Monetary Fund (IMF) over its allocation of 2,000 MW of electricity to Bitcoin mining during a period of severe national […]
IMF Questions Pakistan’s Bitcoin Pivot Amidst Budget Talks
Pakistan has drawn criticism from the International Monetary Fund (IMF) for allocating 2,000 megawatts of electricity to support cryptocurrency mining and artificial intelligence data centers. The IMF expresses […]
IMF Raises Concerns over Pakistan’s Hydroelectric Bitcoin Mining Plan
The International Monetary Fund (IMF) has cautioned against Pakistan’s plan to utilize surplus hydroelectric power for bitcoin mining operations. This initiative is raising concerns due to the potential […]
IMF Raises Concerns About Pakistan’s Bitcoin Mining Plan
Pakistan’s plan to allocate 2,000 megawatts of electricity to Bitcoin mining has sparked concern from the International Monetary Fund (IMF). The IMF expressed its doubts regarding the legality […]
IMF Raises Concerns Over Pakistan’s Bitcoin Mining Power Allocation Amid Energy Crisis
The International Monetary Fund (IMF) has expressed concerns regarding Pakistan’s recent decision to allocate 2,000 megawatts of electricity for Bitcoin mining. This allocation, announced last week, aims to […]
IMF Raises Concerns About Pakistan’s Bitcoin Mining Plan Amidst Financial Negotiations
Pakistan’s decision to allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers has drawn scrutiny from the International Monetary Fund (IMF). The IMF is […]
IMF Officially Links R3 Blockchain to XRP Ledger
The International Monetary Fund (IMF) has provided further clarity on the use of blockchain technology in its recent report,
IMF Loans El Salvador $1.4 Billion Amidst Bitcoin Controversies
The International Monetary Fund (IMF) has approved a $1.4 billion loan for El Salvador, but the deal comes with strict restrictions on Bitcoin purchases. President Bukele, who is […]
IMF Approves $120 Million Loan to El Salvador Amidst Bitcoin Purchases
El Salvador has received crucial financial support from the International Monetary Fund (IMF) for its economic reform program, with a $120 million loan approved despite continued controversy over […]
El Salvador Defies IMF Pressure, Buys More Bitcoin
El Salvador’s unwavering commitment to Bitcoin has once again been put to the test as the country continues to defy pressure from the International Monetary Fund (IMF). Despite […]
IMF Grants El Salvador Loan Approval After Economic Reforms
The International Monetary Fund (IMF) has granted El Salvador’s request for loan disbursement, recognizing the country’s successful implementation of its economic reform program. Despite continued Bitcoin purchases by […]
El Salvador Reaches IMF Deal, Maintains Bitcoin Reserves Despite Fiscal Reforms
El Salvador and the International Monetary Fund (IMF) have reached a staff-level agreement for the first review of the country’s 40-month Extended Fund Facility (EFF) arrangement. The agreement […]
El Salvador Secures $1.4B IMF Deal: Bitcoin Purchases Halted, Chivo Wallet Usage Restricted
El Salvador secured a vital $1.4 billion agreement with the International Monetary Fund (IMF), paving the way for greater fiscal stability but imposing strict limitations on its Bitcoin […]
El Salvador Defies IMF: Continues Bitcoin Accumulation Despite Pressure
Despite pressure from the International Monetary Fund (IMF), El Salvador is doubling down on its Bitcoin strategy, actively purchasing cryptocurrency through its dedicated Bitcoin Office. This defiance of […]
IMF Provides $120 Million to El Salvador: Conditions Include Bitcoin Withdrawal
El Salvador received a $120 million disbursement from the International Monetary Fund (IMF) following a successful review of its $1.4 billion loan agreement. This payment comes with strict […]