This article is part of a four-piece series on El Salvador ... The team in Berlín provides Bitcoin 101 classes in local high schools, tech training, and English and Spanish lessons.
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 ...
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 ...
(MENAFN- Newsroom Panama) The vague language of El Salvador's $1.4 billion deal with the IMF may imply that it might stop buying bitcoin at some point, according to Samson Mow. El Salvador ...
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 ...
This article is part of a four-piece series on El Salvador. You can find the previous dispatch, a story on Bitcoin City, here. The sun was setting as I rolled into El Zonte, a small surfing ...
El Salvador’s Congress has reportedly swiftly approved legislation to amend its Bitcoin laws to comply with a deal struck ...
Then there was his crypto fixation. In 2021 El Salvador became the first country to make bitcoin legal tender, alongside the dollar. The president vowed to shun conventional capital markets ...
El Salvador President Nayib Bukele announced that his country’s bitcoin treasury plan has been profitable with “no intention of selling.” Nayib Bukele, the president of El Salvador, offered ...
El Salvador’s dollarized economy relies heavily on money sent back from citizens working abroad. World Bank data showed remittances to the country made up nearly $6bn, about a fifth of GDP, in ...
The IMF has approved a new arrangement of funds equivalent to $1.4 billion for El Salvador, which also includes restrictions regarding bitcoin, according to a statement on Thursday. The ...
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 ...