Browsing Tag
El Salvador
77 posts
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…
El Salvador Purchases 12 BTC Despite IMF Agreement
El Salvador added 12 BTC to its reserves in the past day, ramping up its Bitcoin purchase as…
What happened in crypto this week
It’s been busy in the crypto market this week: Singapore blocks Polymarket, Tether is to relocate to El…
Tether to relocate operations to El Salvador
Tether announces its service relocation plans after acquiring a Digital Asset Service Provider (DASP) license. USDT issuer Tether…
El Salvador Bitcoin Buying Spree Continues, BTC Holdings Now At 6,000
Since making Bitcoin a legal tender in 2021, the El Salvador government, led by President Nayib Bukele, has…
El Salvador crosses 6,000 Bitcoin milestone with latest purchase, portfolio up 105%
El Salvador now holds more than 6,000 Bitcoin, reaching this milestone after adding another BTC on Dec. 29.…
El Salvador celebrates Christmas 2024 by buying another Bitcoin
El Salvador’s festive holiday celebrations amid IMF restrictions. As the country adds to its Bitcoin (BTC) reserve, El…
El Salvador defies IMF, ramps up Bitcoin strategy with latest purchase of $1M BTC
El Salvador is accelerating its Bitcoin acquisition strategy, even as it scales back specific policies following an agreement…
El Salvador’s $1.4 Billion IMF Deal Harms its Bitcoin Adoption
After agreeing to curtail its ambitious Bitcoin initiatives, El Salvador has reached a $1.4 billion loan arrangement with…
El Salvador to discontinue Bitcoin wallet Chivo in $1.4b IMF deal
El Salvador’s agreement with the IMF could shutter the country’s state-backed Bitcoin wallet Chivo, but not its overall…