Bitcoin News / Bitcoin.com - 2 months ago
The government of El Salvador has continued buying bitcoin despite the deal reached with the International Monetary Fund (IMF) in December. According to the National Bitcoin Office, in the last 7 days, Bukele’s administration acquired 18 BTC,...
Bitcoin News / Bitcoinist - 2 months ago
El Salvador’s transformation from a nation that was skeptical of cryptocurrency to one that is the staunchest advocate for Bitcoin has been nothing short of extraordinary.
Paper profits exceed $167 million, and the Central American nation curre...
Bitcoin News / Bitcoin.com - 2 months ago
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the future of El Salvador after yielding to the IMF’s bitcoin de-risking policies. Latam...
Bitcoin News / Bitcoin.com - 2 months ago
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, El Salvador de-risks its economy from bitcoin, Coinbase launches in Argentina, and Hive Digita...
Bitcoin News / Google News Bitcoin - 2 months ago
El Salvador Passes New Bitcoin (BTC) Legislation Tied to New IMF $1,400,000,000 Funding Deal: Report& & The Daily Hodl
Bitcoin News / Bitcoin.com - 2 months ago
Congress passed a reform that modifies the so-called “Bitcoin Law” in El Salvador to comply with the stipulated requirements in the deal inked with the IMF last year. These modifications prepare the country to receive $1.4 billi...
Cryptocoins News / CoinJournal - 2 months ago
The reform passed with 55 votes, with only two against
El Salvador became the first country to accept Bitcoin as legal tender in 2021
In December, El Salvador announced it was changing its Bitcoin law to secure a $1.3bn loan from the IMF
El Salvado...