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Nalezeno "El Salvador": 1199

Pakistan Establishes Ties With El Salvador, With Bitcoin Front and Center


The government of the Islamic Republic of Pakistan established diplomatic ties with the Republic of El Salvador in a recent meeting, discussing an information-sharing agreement on bitcoin. The two countries are currently seeking to embrace the cryptocurrency while under IMF restrictions. Bitcoin...

IMF-El Salvador Deal Bitcoin Compliance Goals Broken: Chivo Wallet Involved


The latest report issued by the IMF on the compliance of El Salvador’s actions with the guidelines established in the $1.4 billion credit facility deal approved in February revealed that Chivo Wallet led the nation to miss the bitcoin non-accumulation quotas. Bitcoin Non-Accumulation Compliance...

El Salvador Evolves AI Strategy by Launching Nvidia-Powered National Lab


El Salvador has begun preparations for the launch of one of the first artificial intelligence labs in Latin America, powered by Nvidia chips. The nation aims to develop its own AI, referred to as “sovereign AI,” to create national AI systems for social and economic purposes. El Salvador...

Crypto Remittances Fell Nearly 45% in El Salvador


Numbers from the Central Bank of El Salvador indicate that crypto remittances sent to El Salvador fell by 45% compared to the first four months of 2024. Crypto flows sent from abroad accounted for less than 1% of all funds sent by foreigners to family and friends. Crypto Remittances Keep Failing...

GameStop Just Bought Half A Billion Dollars Worth Of Bitcoin


Video game retailer and Funko Pop depository GameStop has announced that it has purchased over 4,500 Bitcoin. It’s estimated that the company spent at least $500 million on the cryptocurrency transaction. GameStop stock dropped as a result of the news. Read more

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