IMF Puts Brakes on El Salvador’s Bitcoin Frenzy

El Salvador announces more bitcoin purchases, gives IMF assurances
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. The bitcoin purchase announcement comes days after the International Monetary Fund board approved a 40-month program with El Salvador for $1.
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IMF enforces strict conditions on El Salvador’s financial policies, prohibiting voluntary Bitcoin accumulation by the government.
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IMF Puts the Brakes on El Salvador’s Bitcoin Frenzy
In a controversial move to temper El Salvador’s Bitcoin enthusiasm, the International Monetary Fund (IMF) has rolled out fresh terms under a
El Salvador’s Bukele Adds 19 Bitcoin as IMF Pushes Back on BTC Adoption
The IMF said bitcoin usage remains marginal in El Salvador, with minimal circulation as a payment method due to its high price volatility and low public trust.
Nayib Bukele Says El Salvador Will Keep Buying Bitcoin Despite IMF Deal, Draws Criticism
Nayib Bukele is under fire among Bitcoiners and prominent figures in the crypto industry after he insisted that El Salvador will not halt its strategic Bitcoin reserve even if the IMF's funding deal c
El Salvador Pushes Ahead With Bitcoin Purchases, Unfazed by IMF Pressures
El Salvador expanded its Bitcoin reserves to over 6,102 BTC, continuing its purchases after securing a $1.4b IMF financial program.
El Salvador's Bitcoin Law Changes To Secure IMF Funding
El Salvador' Law changes helped the country to secure up to $3.5 billion, despite some criticism among Bitcoin advocates.
El Salvador’s Bitcoin Purchases Won’t Stop Despite IMF Pressure, Nayib Bukele Says
President Nayib Bukele insists El Salvador will continue purchasing Bitcoin despite the IMF's pressure. A signed deal between the government and the IMF appears to
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