Opposition party criticizes Bukele's Bitcoin stance, warning it could destabilize El Salvador's economy despite receiving IMF loans.
Nayib Bukele, the President of El Salvador, said this Saturday that the country's only pet hospital will close.
El Salvador announced on Wednesday the purchase of a bitcoin, which takes the total in the country's strategic reserve to ...
El Salvador now holds 6,111 BTC worth $501.88 million, with a majority of purchases in profit. It has purchased 40 BTC in the ...
El Salvador isn’t backing down from Bitcoin just yet. Despite agreeing to an International Monetary Fund (IMF) loan deal that ...
Nayib Bukele is under fire among Bitcoiners and prominent figures in the crypto industry after he insisted that El Salvador ...
The IMF said bitcoin usage remains marginal in El Salvador, with minimal circulation as a payment method due to its high ...
The IMF has issued stricter rules to curtail El Salvador's investment in Bitcoin as conditions for the country's $1.4 billion ...
Then there was his crypto fixation. In 2021 El Salvador became the first country to make bitcoin legal tender, alongside the ...
A clause in the country's recently-completed IMF financing deal suggested a prohibition against El Salvador accumulating any ...
El Salvador buys 5 BTC amid price plunge to $83,000, increasing holdings to 6,100 BTC, as IMF cautions on continued crypto ...
El Salvador purchased 5 more Bitcoin worth $415,000 during a price dip while balancing IMF loan requirements and pursuing ...