The IMF said to slow down. El Salvador said no. President Bukele’s government just added five more Bitcoins to its treasury, pushing its reserves past 6,111 BTC — defying the very institution that ...
Forbes contributors publish independent expert analyses and insights. Javier Bastardo covers Bitcoin and crypto news from the Global South.
Nayib Bukele’s comments come days after the International Monetary Fund’s (IMF) new request as part of its $1.4 billion loan deal The new request asks that there is “no voluntary accumulation of ...
The El Salvador President posted on Facebook about the closure of the Bitcoin-funded hospital Chivo Pets. Bukele also announced the closure of the Animal Welfare Institute and Polipet. Chivo Pets is ...
El Salvador President Nayib Bukele said his government won’t stop buying Bitcoin despite a new request from the International Monetary Fund to stop. The IMF issued a new request on March 3 for ...
El Salvador acquired 5 Bitcoin worth approximately $415,000 on Monday night ET, as the leading digital asset experienced a sharp decline to $83,000, according to Arkham Intelligence data. The Central ...
The President of El Salvador, Nayib Bukele, assured on Tuesday that the country “will not stop” and will continue buying bitcoin for its strategic reserve, despite the fact that the crypto asset will ...
SAN SALVADOR, March 5 (Reuters) - El Salvador announced on Wednesday the purchase of a bitcoin, which takes the total in the country's strategic reserve to above 6,102 coins, the National Bitcoin ...
In Nigeria, for instance, over 35% of adults report using or owning crypto, according to a 2023 report by KuCoin. In El Salvador, where Bitcoin is a reserve asset, national reporting mechanisms for ...
El Salvador’s innovative approach to Bitcoin (BTC) has been the centre of debate since 2021, when the Latin American country became the first around the globe to make BTC legal tender. With many ups & ...
Forbes contributors publish independent expert analyses and insights. Javier Bastardo covers Bitcoin and crypto news from the Global South.
El Salvador’s President Nayib Bukele has stated that the country will continue buying Bitcoin (BTC) despite conditions set by the International Monetary Fund (IMF) in a recent financial agreement. The ...