News with the tag "Bitcoin El Salvador"

El Salvador’s President Nayib Bukele has stated that the country will continue buying Bitcoin (BTC) despite conditions set by the International Monetary Fund (IMF) in a recent financial agreement. The IMF had included restrictions on further government Bitcoin purchases as part of a $3.5 billion fin...

The El Salvador government faces restrictions under a new deal with the International Monetary Fund (IMF). The country that made Bitcoin a legal tender must limit its crypto activities as part of a financial aid program. However, President Nayib Bukele remains committed to the Bitcoin strategy, cont...

El Salvador has added 15 BTC to its holdings in staunch defiance of an agreement with the International Monetary Fund (IMF). The country’s authorities have previously agreed with the IMF not to accumulate Bitcoins under an Extended Fund Facility (EFF). El Salvador Load Up 19 BTC In New Purchasing Sp...

El Salvador has once again purchased 12 BTC on February 4 amid a brief market downturn. The country’s Bitcoin Office tracker confirmed that 11 BTC were acquired for just over $1.1 million at an average price of $101,816 per coin, followed by an additional BTC purchase for $99,114. This latest acquis...

El Salvador government has partnered with Rumble, the video-sharing platform that doubles as a cloud service provider. According to the Canada-based cloud computing platform, Rumble will provide a range of services including cloud storage (object and block storage) and cloud computing. Other essenti...

While Christmas and its festivities were being celebrated worldwide, El Salvador got busy with purchasing more Bitcoin (BTC). 1 BTC Per Day in El Salvador Bitcoin Bag The Central American nation kept up with its Bitcoin acquisition spree, bagging 1 BTC this time. It is worth noting that the coin is ...

El Salvador has agreed to shift its Bitcoin strategy following a $1.4 billion loan agreement with the International Monetary Fund (IMF). As part of the deal, the country will make Bitcoin acceptance voluntary for merchants and restrict public sector involvement in Bitcoin-related activities. Volunta...

El Salvador is on the verge of reaching a big financial agreement with the International Monetary Fund (IMF), with plans to finish a $1.3 billion loan program within the next two to three weeks. The country will change its use of Bitcoin (BTC) as legal tender and take steps to lower its government d...

The El Salvador move to adopt Bitcoin (BTC) as legal tender has proven to be more than just a gamble. As Bitcoin recently surpassed the $100,000 mark, Salvadoran President Nayib Bukele shared the country’s Bitcoin portfolio on social media. His post revealed that El Salvador’s Bitcoin holdings have ...

Argentine Vice President and Senate President Victoria Villarruel held a private meeting about Bitcoin with El Salvador’s President, Nayib Bukele, during the second days of his first official visit to Argentina. On the first day, Bukele met with Argentine President Javier Milei at Casa Rosada in Bue...