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IMF Bombshell Footnote Solves El Salvador’s Bitcoin Accumulation Mystery


The IMF has finally referred to the current status of the accumulation of bitcoin by the government of El Salvador in its latest compliance report, stating that the government had been consolidating its bitcoin stash from several addresses into one. El Salvador Bitcoin Accumulation Mystery...

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...

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