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, and raise ...
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Three years ago, Nayib Bukele, the president-cum-dictator of El Salvador, had a message for American lawmakers: “OK boomers … ...
El Salvador is unfazed by concerns around its Bitcoin reserve following a recent agreement with the IMF to concede some of ...
It's a surprise twist in the long and winding saga of El Salvador's Bitcoin experiment, one that's apparently far from over. Subscribe to our daily newsletter to keep in touch with the subjects ...
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 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 Office posted on social media.
El Salvador buys 5 BTC in a day, increasing reserves to 6,105 BTC. Bukele remains committed to Bitcoin despite IMF pressure.
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 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 ...
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 ...
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 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.
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