News with the tag "Nayib Bukele"

President Donald Trump is set to host El Salvador’s President Nayib Bukele at the White House in April. The visit, reported by Bloomberg, follows Bukele’s agreement to detain hundreds of alleged Venezuelan gang members deported from the U.S., a move that aligns with Trump’s immigration enforcement a...

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,...

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 ...

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...

In a move that has once again ignited the crypto sphere, El Salvador has announced another Bitcoin (BTC) purchase, reinforcing its commitment to the digital currency as a strategic asset. President Nayib Bukele’s administration, known for its unwavering stance on Bitcoin adoption, confirmed the late...

The International Monetary Fund (IMF) is attempting to impose strict restrictions on El Salvador as part of a $1.4 billion loan agreement, targeting the country’s controversial Bitcoin ( BTC ) adoption strategy. Under new conditions in the IMF’s Staff Country Report, El Salvador must halt public sec...

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...

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’s bitcoin dreams will now exist in a “confined” manner as part of an Extended Fund Facility (EFF) arrangement, approved on Feb. 26 by the International Monetary Fund (IMF). The 40-month, $1.4 billion EFF arrangement is aimed at addressing macroeconomic imbalances and boosting growth pros...