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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.

AMBCrypto · 1h

El Salvador President dismisses IMF’s Bitcoin freeze demand: ‘Won’t stop!’

IMF enforces strict conditions on El Salvador’s financial policies, prohibiting voluntary Bitcoin accumulation by the government.

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.

IMF Pressures El Salvador to Halt Public Sector Bitcoin Purchases Under $1.4B Deal

El Salvador must reduce its role in the Chivo Bitcoin wallet to access the International Monetary Fund's full $1.4 billion ...

Hosted on MSN1d

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 ...

CCN on MSN2d

IMF Deal Forces El Salvador To Liquidate Bitcoin Trust, Cut Chivo Wallet, and Accept Stricter Transparency Terms

The $1.4 billion IMF loan requires El Salvador to improve transparency and Bitcoin-related financial oversight. The ...

The Economist3d

El Salvador’s wild crypto experiment ends in failure

Then there was his crypto fixation. In 2021 El Salvador became the first country to make bitcoin legal tender, alongside the ...

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