El Salvador’s Bitcoin Buying Continues Despite IMF Loan Agreement
El Salvador isn’t backing down from Bitcoin just yet. Despite agreeing to an International Monetary Fund (IMF) loan deal that restricts
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El Salvador Buys 5 BTC in a Single Day Despite IMF Pressure
El Salvador buys 5 BTC in a day, increasing reserves to 6,105 BTC. Bukele remains committed to Bitcoin despite IMF pressure.
El Salvador announces more bitcoin purchases, gives IMF assurances
El Salvador announced on Wednesday the purchase of a bitcoin, which takes the total in the country's strategic reserve to above 6,102 coins, the National Bitcoin Office posted on social media.
How can Bukele still stack Bitcoin after IMF loan agreement?
El Salvador appeared to contradict a recent agreement with the IMF to cease public investment in Bitcoin. Salvadoran President Nayib Bukele raised eyebrows among industry observers on March 4 when he said that his government’s Bitcoin purchases won’t stop, despite a requirement from the International Monetary Fund (IMF).
IMF deal to ban public sector ‘Bitcoin accumulation’ in El Salvador
The International Monetary Fund (IMF) is looking to restrict Bitcoin purchases by El Salvador as part of an extended $1.4 billion funding arrangement with the country. On March 3, the IMF issued a new request for an extended arrangement under its fund facility to El Salvador,
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El Salvador shuts down its Bitcoin-funded pet hospital
Nayib Bukele, the President of El Salvador, said this Saturday that the country's only pet hospital will close.
Nayib Bukele Says El Salvador Will Keep Buying Bitcoin Despite IMF Deal, Draws Criticism
Nayib Bukele is under fire among Bitcoiners and prominent figures in the crypto industry after he insisted that El Salvador will not halt its strategic Bitcoin reserve even if the IMF's funding deal c
El Salvador acquired over 13 BTC since March 1, despite IMF deal
El Salvador has been accumulating BTC at an accelerated pace amid pressure from the International Monetary Fund (IMF) to halt purchases.
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El Salvador’s Bukele Adds 19 Bitcoin as IMF Pushes Back on BTC Adoption
The IMF said bitcoin usage remains marginal in El Salvador, with minimal circulation as a payment method due to its high price volatility and low public trust.
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El Salvador's Bukele Says Bitcoin Purchases Won't Stop Due to IMF Deal
A clause in the country's recently-completed IMF financing deal suggested a prohibition against El Salvador accumulating any additional bitcoin.
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IMF Imposes New Bitcoin Rules on El Salvador Through Its $1.4 Billion Loan
The IMF has issued stricter rules to curtail El Salvador's investment in Bitcoin as conditions for the country's $1.4 billion loan.
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President says El Salvador’s won’t stop buying Bitcoin following IMF claim – ‘Proof of work > proof of whining’
In 2024, the El Salvador government agreed to scale back on its Bitcoin ambitions in exchange for a much-needed billion-dollar loan.