Latam Insights: Bukele Discusses Bitcoin With Strategy’s Saylor, World Halts Operations in Brazil

February 16, 2025 Bitcoin.com

bitcoin.com

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news over the past week. In this week’s edition, President Nayib Bukele met Strategy’s Michael Saylor to discuss bitcoin, Sam Altman’s World is forced to stop operations in Brazil, and the Brazilian stock exchange will add solana and ether futures this […]

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Saylor and Bukele Discuss How El Salvador Can Accelerate Global Bitcoin Adoption

February 16, 2025 Bitcoin.com

bitcoin.com

Michael Saylor has met with Salvadoran President Bukele to discuss accelerating global bitcoin adoption as El Salvador strengthens its position, continuing to accumulate bitcoin despite IMF-driven policy adjustments. Michael Saylor Meets Nayib Bukele to Discuss Bitcoin Strategy Michael Saylor, executive chairman of Microstrategy (Nasdaq: MSTR), met with El Salvador’s President Nayib Bukele on Feb. 13 […]

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Samson Mow Breaks Down El Salvador’s Bitcoin Law Update—Is BTC Still Legal Tender?

February 15, 2025 Bitcoin.com

Adoption

El Salvador’s Bitcoin Law changes create a complex situation where bitcoin is both legal tender and not, as Samson Mow’s analysis highlights the deeper implications. Bitcoin No Longer ‘Currency’ in El Salvador—Here’s What That Actually Means Changes to El Salvador’s Bitcoin Law have ignited discussions about whether bitcoin retains its status as legal tender. Samson […]

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El Salvador Continues Buying Bitcoin Despite IMF Pressure

February 10, 2025 Bitcoin.com

Bitcoin (BTC)

The government of El Salvador has continued buying bitcoin despite the deal reached with the International Monetary Fund (IMF) in December. According to the National Bitcoin Office, in the last 7 days, Bukele’s administration acquired 18 BTC, with its total reserve reaching 6.073 BTC, nearly $584,000. “Stacked again,” the organization posted on social media, reinforcing […]

Russian Bitcoin Mining Ban Yielding Results in Siberia

Crypto Remittances Fail to Gain Momentum in El Salvador

February 6, 2025 Bitcoin.com

bitcoin.com

According to the Reserve Bank of El Salvador, the use of crypto to make remittances to the country has consistently accounted for less than 1% of the total share since October 2024. Adoption of Crypto for Remittances Falters in El Salvador Crypto remittances, one of the main use cases for promoting bitcoin worldwide, have failed […]

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Latam Insights Encore: El Salvador on a Tightrope While Juggling IMF’s Requirements

February 4, 2025 Bitcoin.com

Bitcoin (BTC)

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the future of El Salvador after yielding to the IMF’s bitcoin de-risking policies. Latam Insights Encore: El Salvador Struggles to Keep Being a Bitcoin Country Finally, it happened. While many were […]

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El Salvador Reverses Bitcoin Legal Tender Status Under Pressure From IMF: Report

February 3, 2025 The Daily Hodl

Bitcoin

El Salvador has reportedly removed the legal tender status of Bitcoin (BTC) after less than four years because of pressure from the International Monetary Fund (IMF). According to a new report from BBC, the reform to El Salvador’s Bitcoin Law that the country’s lawmakers approved last week modified six and removed three of the provisions […]

The post El Salvador Reverses Bitcoin Legal Tender Status Under Pressure From IMF: Report appeared first on The Daily Hodl.

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Tether Discusses 70-Story Skyscraper Construction in El Salvador: ‘It Is the Country of the Future’

February 2, 2025 Bitcoin.com

bitcoin.com

Paolo Ardoino, CEO of Tether, the stablecoin company, has discussed the company’s plans after moving to El Salvador. Ardoino disclosed the construction of a 70-story skyscraper that will be occupied by other tech and crypto companies. Tether Opens up on 70-Story Skyscraper Construction in El Salvador Tether, the company behind USDT, a stablecoin worth close […]

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El Salvador Passes New Bitcoin (BTC) Legislation Tied to New IMF $1,400,000,000 Funding Deal: Report

January 31, 2025 The Daily Hodl

Bitcoin

The first country to use Bitcoin (BTC) as a legal tender has reportedly passed a new law that will scale back its crypto efforts. Reuters reports that on Wednesday, lawmakers in El Salvador approved a bill to amend the nation’s Bitcoin law in compliance with a deal that the government struck with the International Monetary […]

The post El Salvador Passes New Bitcoin (BTC) Legislation Tied to New IMF $1,400,000,000 Funding Deal: Report appeared first on The Daily Hodl.

Russian Bitcoin Mining Ban Yielding Results in Siberia

El Salvador Complies With IMF Requirements: Bitcoin Legal Tender Status Withdrawn

January 31, 2025 Bitcoin.com

Bitcoin (BTC)

Congress passed a reform that modifies the so-called “Bitcoin Law” in El Salvador to comply with the stipulated requirements in the deal inked with the IMF last year. These modifications prepare the country to receive $1.4 billion in a credit facility. El Salvador Passes Bitcoin Law Reform, BTC Acceptance Is Now Voluntary El Salvador, a […]

El Salvador

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