News with the tag "Ador"

President Donald Trump said Friday that people who attack Tesla property should be sent to El Salvador to serve out their prison terms. He posted the statement on Truth Social, adding that those convicted of setting fire to Tesla cars or vandalizing the company’s locations could face up to 20 years ...

Paraguayan agencies are ready to integrate the crypto sector. All that’s missing is the legislation. That’s according to Juan Carlos Reyes, the president of the Comisión Nacional de Activos Digitales (CNAD), the agency in charge of regulating cryptocurrencies in El Salvador. “From my perspective, Pa...

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines President Nayib Bukele’s behavior regarding the commitments El Salvador has made under the IMF deal, choosing to remain vague rather than explaining how...

El Salvador has increased its Bitcoin holdings, purchasing 6 BTC on March 10 instead of its usual 1 BTC per day. This is occurring against a backdrop of increased pressure from the International Monetary Fund (IMF) to stop its BTC accumulation strategy. El Salvador Remains Committed to Strategy The ...

El Salvador has purchased an additional 5 Bitcoins on Sunday, apart from the usual 1 BTC per day . The accumulation arrives days after the Central American nation acquired 5 BTC, amid a market dip . According to the nation’s Bitcoin Office, the recent accumulation adds up to the country’s BTC stash,...

Andreas Kohl, a bitcoiner who moved to El Salvador three years ago, has decided to leave the country due to the new direction taken by the current administration regarding bitcoin and a series of promises that the government has failed to fulfill. El Salvador Disappoints Bitcoiners With New Policies...

While the fine print of the IMF credit facility deal states that the public sector will not acquire more bitcoin, El Salvador’s President Nayib Bukele has rejected this notion, asserting that these acquisitions will continue. But who is right? El Salvador’s IMF Credit Deal Fine Print Discussed: Are ...

El Salvador’s President Nayib Bukele has doubled down on his pro-Bitcoin stance while simultaneously pushing back against the International Monetary Fund (IMF) despite a recent loan agreement that included terms to curtail the country’s BTC-related activities. In a strongly worded post on X, Bukele ...

A clause in El Salvador’s recently completed financing deal with the International Monetary Fund (IMF) prohibited the country from accumulating any additional Bitcoin. However, President Nayib Bukele has stressed that El Salvador has no intention of stopping its BTC purchases no matter what the IMF ...

In a powerful display of unwavering conviction, El Salvador’s President Nayib Bukele has once again taken to X (formerly Twitter) to declare that the nation will not only continue but persist in purchasing Bitcoin for its strategic reserve. This announcement, reported by Watcher.Guru, serves as a re...