Investing.com -- El Salvador’s government, led by President Nayib Bukele, has announced its intention to continue purchasing Bitcoin, despite recently finalizing a deal with the International ...
In 2021, El Salvador caught the world's attention by becoming the first country to make cryptocurrency legal tender, alongside the US dollar. Last December, as the price of bitcoin broke $100,000 ...
El Salvador and Metaplanet expand Bitcoin holdings, defying market jitters and IMF pressure. Xapo Bank’s Rocca says a state-backed Bitcoin reserve validates it as a better store of value than gold.
El Salvador’s heralded adoption of Bitcoin as legal tender appears to be undergoing a significant downgrade as businesses are no longer obliged to accept the cryptocurrency. As part of a $1.4 billion ...
The International Monetary Fund (IMF) is looking to restrict Bitcoin purchases by El Salvador as part of an extended $1.4 billion funding arrangement with the country. On March 3, the IMF issued a ...
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