IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin

The IMF has been asking El Salvador for changes regarding its bitcoin law since its adoption in 2021.

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Latam Insights: Bukele Announces Self-Financed Budget; Salvadoran Coffee Purchase Settled With Bitcoin

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, President Nayib Bukele announces a zero debt budget,…

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Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded…

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El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC ‘Becomes Unaffordable’ With Fiat Currencies, Says President Bukele

El Salvador has been buying one bitcoin a day since 2022, according to President Nayib Bukele, who confirmed that his country’s “1 bitcoin a day program” will continue until the…

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Following the Course: Nayib Bukele Announced Buying 1 BTC Daily for El Salvador

It has been over a year since El Salvador became the first and so far only country to adopt Bitcoin as its second national currency. Now, President Nayib Bukele announced…

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El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath

El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins. Since El Salvador adopted the…

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Jack Mallers’ Strike Integrating With World’s Largest PoS Providers To Enable Sovereign Payments With Bitcoin

Maller’s announcements all centered around increasing accessibility to the superior payment system of Bitcoin. Strike CEO Jack Mallers announced at Bitcoin 2022 that the company has partnered with three of…

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El Salvadoran Migrants Send Money Home Using Bitcoin: $3 Million Worth of Remittances Received in One Day

El Salvadorans seem to confirm that Bitcoin is the best solution for remittances between countries. According to President Nayib Bukele, the national Chivo wallet registered over $3 million worth of…

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A third of Salvadorans ‘actively’ using Chivo wallet, President Bukele claims

On Sept. 6, El Salvador became the first country to adopt BTC as legal tender, attracting both praise and criticism from the global community.

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Bitcoin To $10 Million By 2030

It might seem hyper-bullish, but there is real reason to believe such an ascension in price could occur. Bitcoin will experience three halvings this decade, the first in 2020, the…

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