IMF Shifts Strategy on El Salvador’s Bitcoin Law: What’s Next?
WEB7 hours ago · Bukele remains committed to Bitcoin, pushing economic transformation and integration despite IMF concerns. El Salvador's success with BTC may lessen its need for IMF loans, prompting the IMF to adopt a more conciliatory tone.
El Salvador's Bukele says expects IMF deal after next year's election
WEBOct 20, 2023 · Salvadoran President Nayib Bukele said on Thursday he expects to reach an agreement with the International Monetary Fund (IMF) over a new financing program after next year's general...
IMF Pushes El Salvador To Narrow Bitcoin Law For Funding
WEB1 day ago · Right now, El Salvador sits on 5,892.76 BTC, adding 1 BTC daily to its treasury as a public policy since November 2022; President Nayib Bukele announced this strategy through his X account. Even...
How Nayib Bukele’s ‘Iron Fist’ Has Transformed El Salvador
WEBAug 29, 2024 · Bukele’s policy of mano dura —iron fist—drove an aggressive crackdown on vicious gangs that has jailed 81,000 people and led to a precipitous drop in homicides. After decades of violence, fear,...
IMF Urges El Salvador Again to Strengthen Regulatory Framework …
WEB1 day ago · The International Monetary Fund (IMF) recommended on Tuesday that El Salvador narrow the scope of the bitcoin law and strengthen the regulatory framework and oversight of the bitcoin ecosystem.
IMF urges El Salvador to remove Bitcoin as legal tender - BBC
WEBThe IMF has warned President Nayib Bukele of the risks the cryptocurrency poses to the country, stressing that it would be difficult to get a loan from the institution.
Short on cash, El Salvador doubles down on Bitcoin dream
WEBFeb 2, 2024 · Bukele is pressing ahead with his plan to make the country a cryptocurrency haven, hurting the country's chance of a quick cash injection from the International Monetary Fund (IMF) even as...
IMF Signals Change in Bitcoin Stance with El Salvador Update - Forbes
WEBAug 7, 2024 · Under Nayib Bukele’s administration, El Salvador declared bitcoin legal tender in 2021. Since then, the country has been dealing with the scrutiny of organizations like the IMF, but at the same...
El Salvador's Bukele says expects IMF deal after next year's
WEBOct 20, 2023 · Salvadoran President Nayib Bukele said on Thursday he expects to reach an agreement with the International Monetary Fund (IMF) over a new financing program after next year's general...
IMF says El Salvador's bitcoin risks have not materialized but …
WEBFeb 11, 2023 · President Nayib Bukele announced on Twitter a series of purchases of some 2,380 bitcoin before mid November, when he said the Treasury would buy a bitcoin every day. If those purchases were...