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Is Someone Lying? IMF Confirms El Salvador’s Compliance With Bitcoin Non-Accumulation Commitment
28.4.2025
In a press briefing during the spring meetings of 2025, the IMF highlighted that, according to their data, El Salvador has complied with the bitcoin non-accumulation agenda to which it committed. Nonetheless, the country continues to report regular bitcoin purchases. IMF States El Salvador Has...
89% of Registered Bitcoin Service Providers Remain Inactive in El Salvador
15.4.2025
According to records from the Central Reserve Bank, only 20 registered bitcoin service providers (BSPs) are actively operating in El Salvador, one of which is Chivo, the official government wallet that will soon be disbanded. Barren Land: Only 20 Bitcoin Service Providers Operate in El Salvador...
Latam Insights: Bukele’s US Tour, Panamanian Crypto Bill
31.3.2025
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’s Nayib Bukele announces a visit to the U.S., a Panamanian crypto bill gets introduced, and Venezuela suffers after Trump implements...
Latam Insights Encore: Bukele’s Gambit or How (Not) to Conduct a Bitcoin Revolution
11.3.2025
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines President Nayib Bukele’s behavior regarding the commitments El Salvador has made under the IMF deal, choosing to remain vague rather than...
Is Bukele Lying? IMF Statements Hint at Bitcoin Recirculation Practices
10.3.2025
El Salvador’s President Nayib Bukele stated that the nation will not stop hoarding bitcoin after the infamous IMF deal, and the bitcoin office claims it is still purchasing bitcoin. However, statements made by IMF spokespersons indicate that these recent additions are consistent with...
Latam Insights: El Salvador’s IMF Deal Detailed, Mexican Billionaire Goes Hard on Bitcoin
9.3.2025
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, the IMF reveals the fine print of its credit facility deal with El Salvador, Ricardo Salinas is 70% invested in bitcoin, and the Libra probe...
Unkept Promises: Developer Leaves El Salvador After Change in Bitcoin Stance
7.3.2025
Andreas Kohl, a bitcoiner who moved to El Salvador three years ago, has decided to leave the country due to the new direction taken by the current administration regarding bitcoin and a series of promises that the government has failed to fulfill. El Salvador Disappoints Bitcoiners With...
Latam Insights Encore: IMF’s Deal Is Clear: Want Funds? Drop Bitcoin!
4.3.2025
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines how the dynamics between the IMF and the Salvadoran government can serve as a framework for countries seeking to engage with bitcoin and...
Latam Insights: IMF to Confine Salvadoran BTC Purchases, Brazil BRICS Payment Bet
2.3.2025
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, the International Monetary Fund (IMF) approves a $1.4 billion credit facility for El Salvador, Brazil states it will spearhead the development...
Bitcoin Purchases Confined: IMF Approves $1.4 Billion Credit Facility for El Salvador
28.2.2025
The IMF, which informally approved the deal last year, states that this program aims to boost El Salvador’s finances and growth prospects. However, the Bukele administration must “confine” its bitcoin activities and purchases in return. Done Deal: IMF Greenlights $1.4 Billion...
Faith Rekindled: El Salvador Buys Bitcoin Again After One-Week Hiatus
25.2.2025
El Salvador has resumed its bitcoin purchase schedule, buying 7 BTC after a one-week hiatus, which raised concerns among bitcoiners. The reason for the pause in the bitcoin acquisition schedule remains unknown. President Bukele Re-Ignites the Faith: El Salvador Buys Bitcoin Again El Salvador...
Samson Mow Breaks Down El Salvador’s Bitcoin Law Update—Is BTC Still Legal Tender?
15.2.2025
El Salvador’s Bitcoin Law changes create a complex situation where bitcoin is both legal tender and not, as Samson Mow’s analysis highlights the deeper implications. Bitcoin No Longer ‘Currency’ in El Salvador—Here’s What That Actually Means Changes to...
El Salvador Continues Buying Bitcoin Despite IMF Pressure
10.2.2025
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, with its total reserve reaching 6.073 BTC, nearly...
Latam Insights Encore: El Salvador on a Tightrope While Juggling IMF’s Requirements
4.2.2025
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 Insights Encore: El Salvador Struggles to Keep...
El Salvador Complies With IMF Requirements: Bitcoin Legal Tender Status Withdrawn
31.1.2025
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 billion in a credit facility. El Salvador Passes Bitcoin...
Bukele Blasts Local Bitcoin Naysayers: ‘The Key Is Not Listening to Them’
20.1.2025
Nayib Bukele, President of El Salvador, has blasted the attitude of the opposition to its government, which has used his bitcoin policies as an attack vector against his administration. Bukele stated it is better to not listen to them. El Salvador’s President Nayib Bukele on Bitcoin Critics: Better...
El Salvador Aims to Purchase DOJ’s Seized Bitcoin at a Discount
10.1.2025
Nayib Bukele, the President of El Salvador, who has continued to push forward with bitcoin policies in his country, announced that he aims to profit from the potential DOJ sales of bitcoin seized as part of the Silk Road market takedown. El Salvador Hints at Purchasing Silk Road-Seized Bitcoin...
El Salvador makes Bitcoin payments voluntary in $1.4B IMF loan deal
19.12.2024
El Salvador’s struck a loan deal with the IMF and will make Bitcoin acceptance voluntary and roll back government involvement in Bitcoin-related projects
El Salvador makes Bitcoin payments voluntary in $1.4B IMF loan deal
19.12.2024
El Salvador struck a loan deal with the IMF in which it will make Bitcoin acceptance voluntary and roll back government involvement in Bitcoin-related projects
12% of El Salvador’s Population Used Bitcoin for Goods and Services in 2023: Survey
17.1.2024
According to the annual survey conducted by José Simeón Cañas Central American University in El Salvador, 12% of the local population used Bitcoin (BTC) at least once to pay for goods and services in 2023. The survey, conducted in December 2023 with 1,280 respondents interviewed...