El Salvador

Latam Insights Encore: Bukele’s Gambit or How (Not) to Conduct a Bitcoin Revolution

March 11, 2025 Bitcoin.com

Bitcoin (BTC)

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines President Nayib Bukele’s behavior regarding the commitments El Salvador has made under the IMF deal, choosing to remain vague rather than explaining how bitcoin fits into this new national reality. Latam […]

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Is Bukele Lying? IMF Statements Hint at Bitcoin Recirculation Practices

March 10, 2025 Bitcoin.com

Bitcoin (BTC)

El Salvador’s President Nayib Bukele stated that the nation will not stop hoarding bitcoin after the infamous IMF deal, and the bitcoin office claims it is still purchasing bitcoin. However, statements made by IMF spokespersons indicate that these recent additions are consistent with the stipulations of the deal. So, what’s happening? IMF Hints at Asset […]

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Latam Insights: El Salvador’s IMF Deal Detailed, Mexican Billionaire Goes Hard on Bitcoin

March 9, 2025 Bitcoin.com

Bitcoin (BTC)

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the IMF reveals the fine print of its credit facility deal with El Salvador, Ricardo Salinas is 70% invested in bitcoin, and the Libra probe advances in Argentina. Bukele’s IMF […]

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Unkept Promises: Developer Leaves El Salvador After Change in Bitcoin Stance

March 7, 2025 Bitcoin.com

Bitcoin (BTC)

Andreas Kohl, a bitcoiner who moved to El Salvador three years ago, has decided to leave the country due to the new direction taken by the current administration regarding bitcoin and a series of promises that the government has failed to fulfill. El Salvador Disappoints Bitcoiners With New Policies, Unfulfilled Promises The new stance of […]

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Bukele’s IMF Deal Controversy: Fine Print on Bitcoin Raises Questions

March 6, 2025 Bitcoin.com

Bitcoin

While the fine print of the IMF credit facility deal states that the public sector will not acquire more bitcoin, El Salvador’s President Nayib Bukele has rejected this notion, asserting that these acquisitions will continue. But who is right? El Salvador’s IMF Credit Deal Fine Print Discussed: Are Bitcoin Purchases Forbidden? Controversy has arisen over […]

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IMF Requests New Bitcoin Restrictions on El Salvador, Including Ending BTC Purchases With Public Funds

March 4, 2025 The Daily Hodl

Bitcoin

The International Monetary Fund (IMF) is attempting to impose strict restrictions on El Salvador as part of a $1.4 billion loan agreement, targeting the country’s controversial Bitcoin (BTC) adoption strategy. Under new conditions in the IMF’s Staff Country Report, El Salvador must halt public sector acquisitions of the BTC, dissolve the Fidebitcoin trust fund by […]

The post IMF Requests New Bitcoin Restrictions on El Salvador, Including Ending BTC Purchases With Public Funds appeared first on The Daily Hodl.

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BlackRock launches Bitcoin ETP in Europe

Latam Insights Encore: IMF’s Deal Is Clear: Want Funds? Drop Bitcoin!

March 4, 2025 Bitcoin.com

Bitcoin (BTC)

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines how the dynamics between the IMF and the Salvadoran government can serve as a framework for countries seeking to engage with bitcoin and the institution. Latam Insights Encore: IMF to Model […]

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BlackRock launches Bitcoin ETP in Europe

Latam Insights: IMF to Confine Salvadoran BTC Purchases, Brazil BRICS Payment Bet

March 2, 2025 Bitcoin.com

Bitcoin (BTC)

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the International Monetary Fund (IMF) approves a $1.4 billion credit facility for El Salvador, Brazil states it will spearhead the development of BRICS-native payment systems, and the Brazilian CBDC hits […]

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BlackRock launches Bitcoin ETP in Europe

Bitcoin Purchases Confined: IMF Approves $1.4 Billion Credit Facility for El Salvador

February 28, 2025 Bitcoin.com

Bitcoin (BTC)

The IMF, which informally approved the deal last year, states that this program aims to boost El Salvador’s finances and growth prospects. However, the Bukele administration must “confine” its bitcoin activities and purchases in return. Done Deal: IMF Greenlights $1.4 Billion Credit, Limits Salvadoran Bitcoin Purchases The International Monetary Fund (IMF) has finally greenlighted a […]

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BlackRock launches Bitcoin ETP in Europe

Faith Rekindled: El Salvador Buys Bitcoin Again After One-Week Hiatus

February 25, 2025 Bitcoin.com

Bitcoin (BTC)

El Salvador has resumed its bitcoin purchase schedule, buying 7 BTC after a one-week hiatus, which raised concerns among bitcoiners. The reason for the pause in the bitcoin acquisition schedule remains unknown. President Bukele Re-Ignites the Faith: El Salvador Buys Bitcoin Again El Salvador has resumed its bitcoin purchases after a week of hiatus, according […]

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BlackRock launches Bitcoin ETP in Europe