El Salvador’s ‘Daily Bitcoin’ claims crumble under IMF scrutiny

An IMF review reveals that El Salvador stopped buying Bitcoin in February as part of a $1.4 billion loan agreement. This contradicts ongoing claims by Salvadoran officials about daily BTC purchases.

Trump plans White House visit for El Salvador’s pro-Bitcoin Bukele

President Donald Trump is set to host El Salvador’s President Nayib Bukele at the White House in April. The visit, reported by Bloomberg, follows Bukele’s agreement to detain hundreds of alleged Venezuelan gang members deported from the U.S., a move…

El Salvador ends mandatory Bitcoin acceptance for merchants

El Salvador’s Legislative Assembly has amended its Bitcoin Law, making it optional for merchants to accept Bitcoin as payment.   This change aligns with conditions set by the International Monetary Fund for a $1.

El Salvador approves new bill to comply with IMF deal

The reform passed with 55 votes, with only two against El Salvador became the first country to accept Bitcoin as legal tender in 2021 In December, El Salvador announced it was changing its Bitcoin law to secure a $1.

El Salvador accelerates Bitcoin buying following IMF deal

El Salvador has ramped up its Bitcoin buying a day after agreeing to an International Monetary Fund deal that required scaling back its government-led crypto activities. On Dec. 19, the first nation to adopt Bitcoin as a legal tender and…

Pundit Claims Bukele’s Gold-to-Bitcoin Move Would Skyrocket BTC to $378,000 — Here’s How

Pundit Claims Bukele’s Gold-to-Bitcoin Move Would Skyrocket BTC to $378,000.

El Salvador to change Bitcoin plans to secure $1.3bn IMF loan

El Salvador would also receive $1 billion in lending from the World Bank and $1 billion from the Inter-American Development Bank Under the IMF agreement, El Salvador would change a legal requirement making businesses accept Bitcoin as payment Since 2021, the IMF has been against El Salvador’s Bitcoin Law, asking the government to “narrow its […] The post El Salvador to change Bitcoin plans to secure $1.3bn IMF loan appeared first on CoinJournal.