Articles for tag: Bitcoin, Cryptocurrency, economic strategy, El Salvador, financial reforms, IMF, Nayib Bukele

Market News

El Salvador Suspends Public Bitcoin Purchases to Comply with IMF Loan Conditions Amid Ongoing Private Accumulation Strategies

El Salvador has paused public sector Bitcoin purchases to meet conditions set by the IMF for its $1.4 billion loan. Despite this suspension, President Nayib Bukele continues to acquire Bitcoin through private funding channels. The country still aims to use Bitcoin as part of its economic strategy, even while adhering to IMF requirements, which focus ...

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