The International Monetary Fund (IMF) has taken a firm stance on El Salvador’s Bitcoin reserves, announcing plans to ensure the nation’s government does not increase its crypto holdings. This position, revealed on Tuesday, directly challenges President Nayib Bukele’s ongoing efforts to expand the country’s Bitcoin portfolio.

El Salvador’s bold embrace of Bitcoin as a national asset continues to make waves, with the country’s sovereign holdings now valued at over $644 million. The Central American nation, led by President Nayib Bukele, has seen its Bitcoin stash grow by $137 million in just one month, driven

El Salvador’s unwavering dedication to Bitcoin as a cornerstone of its economic strategy has taken center stage, even as the nation navigates a delicate financial agreement with the International Monetary Fund (IMF). Despite conditions tied to a $1.4 billion loan that said the country had to scale back

In a significant move for El Salvador’s economic future, the International Monetary Fund (IMF) Executive Board has approved a 40-month arrangement under the Extended Fund Facility (EFF), unlocking access to approximately $1.4 billion to the country. This decision announced today allows an immediate disbursement of $113 million to

In a significant policy shift, El Salvador has passed legislation to modify its approach to Bitcoin adoption, aligning with the stipulations of a substantial financial agreement with the International Monetary Fund (IMF). This adjustment comes after a unanimous decision in Congress, reflecting the country's commitment to securing a

El Salvador has taken a bold step forward in its embrace of Bitcoin, accelerating its Bitcoin acquisitions just a day after striking a deal with the International Monetary Fund (IMF). This move not only underscores the nation's commitment to Bitcoin but also navigates the tricky waters of international

In a strategic pivot, El Salvador is on the brink of securing a significant $1.3 billion loan from the International Monetary Fund (IMF). This move comes after the country's experiment with Bitcoin, which has been a defining feature of President Nayib Bukele's administration. The deal,