2024-12-20 20:02 |
El Salvador’s agreement with the IMF could shutter the country’s state-backed Bitcoin wallet Chivo, but not its overall BTC support. origin »
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The IMF has released its concluding statement on El Salvador adopting Bitcoin as legal tender alongside the US dollar. In IMF’s discussion with El Salvador, they covered the regulation and supervision of Bitcoin services providers and e-wallet Chivo, but the latest plans to issue sovereign bonds and use the proceeds to buy Bitcoin and fund […] The post IMF says Bitcoin Chivo Wallet Could “Increase Growth” But Calls for “Narrowing” BTC Law Due to High Volatility first appeared on BitcoinExchangeGuide.
2021-11-23 18:13 | |
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El Salvador has continued its daily Bitcoin purchases, adding 240 BTC since December despite a $1. 4 billion IMF agreement that discourages public-sector accumulation. El Salvador has purchased 240 Bitcoin (BTC) since Dec.
El Salvador is continuing to buy Bitcoin even after agreeing to scale back purchases as part of a $1.4 billion deal with the International Monetary Fund. The Central American nation’s Bitcoin Office is still buying Bitcoin (BTC) despite signing a…
The IMF said to slow down. El Salvador said no. President Bukele’s government just added five more Bitcoins to its treasury, pushing its reserves past 6,111 BTC — defying the very institution that loaned it $1.4 billion just months ago.…
El Salvador has reinforced its commitment to Bitcoin despite repeated cautions from the International Monetary Fund (IMF). On March 9, El Salvador’s Bitcoin Office confirmed that the country acquired six BTC for around $500,000.
Nayib Bukele’s comments come days after the International Monetary Fund’s (IMF) new request as part of its $1.4 billion loan deal The new request asks that there is “no voluntary accumulation of Bitcoin by the public sector” It also asks that there is a “ceiling of 0” on government Bitcoin purchases El Salvador’s president has […] The post El Salvador’s president says the country “won’t stop” buying Bitcoin appeared first on CoinJournal.
El Salvador buys another 1 BTC to strengthen Strategic Reserve
El Salvador’s festive holiday celebrations amid IMF restrictions. As the country adds to its Bitcoin (BTC) reserve, El Salvador’s Christmas 2024 celebration has a distinctive Bitcoin-themed Christmas tree, further demonstrating the country’s everlasting dedication to the original cryptocurrency. On Dec.…