El Salvador became the first country in the world to adopt Bitcoin as legal tender. Since then, it has been accumulating Bitcoin (BTC) in its official reserves. In December 2024, it signed a new loan ...

El Salvador and the IMF have reached a $1.4 billion loan agreement, pending executive approval. The deal requires El Salvador to scale back its Bitcoin policy. Critics accuse President Nayib ...

In a recent strategic financial move, El Salvador has acquired an additional 240 bitcoins, reinforcing its status as a ...

El Salvador's President Nayib Bukele speaks during a ceremony to lay the first stone of Chivo Vet, a veterinary hospital financed with the gains El Salvador has obtained from its bitcoin ...

The International Monetary Fund (IMF) recommended on Thursday that El Salvador narrow the scope of the bitcoin law and strengthen the regulatory framework and oversight of the bitcoin ecosystem.

On Wednesday, El Salvador struck a $1.4 billion loan deal with the IMF, as part of which the government of President Nayib Bukele agreed that it would scale back its bitcoin policies. The deal ...

El Salvador has agreed to scale back its crypto agenda in exchange for a $1.4 billion loan from the International Monetary Fund (IMF), marking a shift in the country's quest to become a global ...

Nayib Bukele, El Salvador’s authoritarian president, brands himself the “world’s coolest dictator.” But he oversees an ...

Two members of the IMF, including the El Salvador mission chief, took the unusual step of appearing in a call on Wednesday in which government officials were pitching investors on a new global ...

El Salvador has bought 12 bitcoins since the IMF announced last week the board approval of the agreement reached in December. It currently holds near $550 million in bitcoin, according to the ...

The IMF has been asking El Salvador for changes regarding bitcoin since 2021, when the Central American country established it as a legal tender. In its latest presentation on El Salvador ...