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

El Salvador, the world’s first country to adopt Bitcoin as legal tender, has continued buying the cryptocurrency despite a $1.4 billion loan agreement with the International Monetary Fund (IMF ...

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's Congress on Tuesday passed a fiscal sustainability law aimed at strengthening public finances by tamping down on debt and boosting fiscal transparency, key to the nation's agreement with ...

El Salvador’s Bitcoin Office bought more Bitcoin shortly after the IMF announced it had reviewed its loan deal with the country. The International Monetary Fund said it has reached an agreement ...

Subject to approval by the IMF Executive Board, El Salvador would receive nearly US$120 million (SDR 86.16 million). Program performance has been strong. Key fiscal and reserve targets were met with ...

The International Monetary Fund (IMF) stated on Tuesday that "efforts will continue" to make sure that the total amount of bitcoin BTC $109,523.65 held by El Salvador's government does not change.

The IMF said on May 27 that as part of the deal, El Salvador will need to fulfill its prior obligations around limiting further government involvement in Bitcoin (BTC), and it will have to cease ...

By acquiring an additional 34 million Bitcoin shares, Genius Group, an education company with AI capabilities and listed on the Nasdaq market, has significantly increased its investment in the ...

El Salvador has purchased eight additional Bitcoins despite warnings from the IMF. The IMF recently restricted the nation from adding more crypto to its reserves as part of a loan deal.

On March 20, 2023, the Executive Board of the International Monetary Fund concluded the consideration of the 2023 Article IV of El Salvador. Under Article IV of its Articles of Agreement, the IMF has ...