El Salvador buys 5 BTC in a day, increasing reserves to 6,105 BTC. Bukele remains committed to Bitcoin despite IMF pressure.
That country is El Salvador, home to the native Pipil people ... And despite requiring all El Salvadorian businesses to accept Bitcoin as tender, Bukele's crypto gamble has largely failed to ...
El Salvador recently reached a financial agreement with the IMF aimed at stabilizing the country’s economy and strengthening its fiscal position. Given the IMF’s historically cautious stance on ...
Opposition party criticizes Bukele's Bitcoin stance, warning it could destabilize El Salvador's economy despite receiving IMF loans.
Pakistan aims to leverage its surplus power for Bitcoin mining, proposing new tariffs to draw global miners without subsidies ...
On March 7, the doyens of the crypto world gathered at the White House for a scheduled meeting with President Trump ...
El Salvador has gained global prominence from taking audacious steps in blockchain technology and cryptocurrencies. As the ...
Bukele also made El Salvador the first country to adopt Bitcoin as legal tender (alongside USD). El Zonte quickly earned the nickname “Bitcoin Beach” as one of the first places in the country ...
On March 20, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with El Salvador.
Gold surged past the U$3,000 per ounce milestone this month after rising more than 40 percent in the past year. Its rise has ...
As the United States struggles to get even basic crypto legislation off the starting line, one small nation went all in on ...