El Zonte, branded ‘Bitcoin Beach’, is ground zero of El Salvador’s cryptocurrency experiment - VICTOR RAISON. The road to El ...

The IMF urged a halt to crypto accumulation as part of $1.4 billion program. El Salvador responded by buying more.

But after Nayib Bukele, the self-described “world’s coolest dictator”, announced in 2021 that El Salvador would become the ...

The IMF will "ensure" Bitcoin holdings of El Salvador stay unchanged, tying the condition to its $1.4b loan program.

El Salvador continues accumulating Bitcoin despite conditions in its IMF loan agreement. The IMF completed a review this week ...

El Salvador secured a $120 million payout from the IMF as part of its $1.4 billion loan agreement, on condition of reducing Bitcoin exposure.

By Mathew Cohen The International Monetary Fund announced on May 27 that it had reached a staff-level agreement with El ...

The planned payout, subject to IMF executive board approval, is part of a larger $1.4 billion, 40-month loan deal struck in December, which saw El Salvador agree to confine its Bitcoin ambitions. On ...

Back in March, El Salvador reached an agreement with the IMF to receive a $3.5 billion loan package. Some of the conditions ...

CitizenX partnered with El Salvador to expand the world’s fastest Bitcoin-backed passport program, offering citizenship in ...