El Salvador will scale back its agenda in exchange for a $1.4 billion ... adding to its 5,968.77 bitcoin holdings as of December 18. The IMF deal is part of a greater financial strategy for El ...

IMF has urged El Salvador to reduce its Bitcoin reliance. IMF also called for better regulatory oversight of the crypto market. President Bukele conceded that El Salvador’s Bitcoin adoption has ...

President Nayib Bukele insists El Salvador will continue purchasing Bitcoin despite the IMF's pressure. A signed deal between the government and the IMF appears to contradict Bukele’s public claims.

El Zonte, a quiet surf town on El Salvador's coast, draws travellers not just for its waves, but for a bold financial ...

The IMF was right to end El Salvador’s bitcoin project in its bailout. That's why the Extended Fund Facility (EFF) did not just end bitcoin’s legal status.

The IMF yesterday announced they have reached a $1.4 billion loan deal with El Salvador. In return, the Central American country that in 2021 made bitcoin legal tender had to remove some of its ...

The planned payout, subject to IMF executive board approval, is part of a larger $1.4 billion, 40-month loan deal struck in December, which saw El Salvador agree to confine its Bitcoin ambitions.

El Salvador is still purchasing Bitcoin even after inking a loan agreement with International Monetary Fund that required it to stop accumulating the token. “There’s a commitment of President ...

After El Salvador accepted Bitcoin as a legal tender in 2021, it’s now believed it could pull back as it continues discussions with the IMF.

El Salvador is currently seeking another loan from the IMF, and as of early October, owes the multilateral organization 107.7 million in special drawing rights.

The IMF yesterday announced they have reached a $1.4 billion loan deal with El Salvador. In return, the Central American country that in 2021 made bitcoin legal tender had to remove some of its ...