The International Monetary Fund (IMF) has announced a new restriction on El Salvador’s bitcoin holdings. The IMF aims to prevent the government from expanding its investment in cryptocurrency. […]
IMF Warns El Salvador to Halt Bitcoin Purchases Amidst Controversial Policy
In a concerning development, President Nayib Bukele of El Salvador defied the International Monetary Fund (IMF) by purchasing additional Bitcoin, raising the nation’s holdings to 6,100 BTC. This […]
IMF Continues Support for El Salvador’s Bitcoin Holdings
The International Monetary Fund (IMF) has confirmed its ongoing efforts to assist El Salvador in maintaining its current Bitcoin holdings. This follows the agreement reached in March between […]
IMF Warns of Crypto’s Growing Threat to Dollar Dominance
Renowned economist Kenneth Rogoff argues that cryptocurrencies are eroding the US dollar’s global supremacy. In an interview with Bloomberg, Rogoff emphasized the decline of the dollar as a […]
El Salvador’s Bitcoin Portfolio Booms Amidst IMF Agreement Challenges
Bitcoin prices saw a significant surge, exceeding $107,000 overnight before dropping to approximately $103,000. Despite this volatility, El Salvador has already secured over $357 million in unrealized profits […]
El Salvador Steadfastly Maintains Bitcoin Holdings Amidst IMF Pressure
El Salvador continues to increase its Bitcoin holdings, according to recent data from the country’s Ministry of Finance. The nation now boasts a total of 6,180.18 Bitcoins, valued […]
El Salvador Adds More Bitcoin to Holdings
El Salvador has increased its Bitcoin holdings, acquiring an additional 8 bitcoins within the past week, according to data from the Ministry of Finance. This brings their total […]
El Salvador Doubles Down on Bitcoin Purchases Despite IMF Pressure
Despite an IMF loan agreement aimed at halting publicly funded Bitcoin purchases, El Salvador’s government has increased its Bitcoin holdings. Official data indicates the government added 7 BTC […]
El Salvador Invests in Bitcoin Despite IMF Loan Agreement
Despite an agreement with the International Monetary Fund (IMF) requiring El Salvador to halt public funding for Bitcoin purchases, the country has continued adding to its national Bitcoin […]
El Salvador Buys More Bitcoin, Challenging IMF Agreement
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 […]