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El Salvador Evolves AI Strategy by Launching Nvidia-Powered National Lab
7.7.2025
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...
Bitcoin Core Developer Arrested in El Salvador For Allegedly Calling Neighbor ‘Stupid’
7.7.2025
The developer says he has now been released but was allegedly detained and faced up to eight years in prison after his Salvadoran neighbor accused him of calling her “stupid” during a dispute over a piece of land. Bitcoin Core Contributor Arrested After Dispute With Neighbor Thanks to a bizarre...
El Salvador buys 240 Bitcoin since IMF non-accumulation agreement
16.6.2025
The Central American country continues its daily Bitcoin investments despite a non-accumulation deal struck with the IMF in December 2024
Crypto Remittances Fell Nearly 45% in El Salvador
14.6.2025
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...
White House Crypto Chief Bo Hines Met With El Salvador’s Bukele to Discuss Bitcoin
5.6.2025
"Extraordinary things" could happen for the United States and El Salvador as a result of the meeting, said Salvadoran Bitcoin Office Director Stacy Herbert
Ships Could Pay Panama Canal Transit Fees in Bitcoin and Cut the Line, Panama City Mayor Muses
29.5.2025
The mayor of Panama City, Mayer Mizrachi, said the city could potentially establish a bitcoin reserve
El Salvador Passes IMF Review With Flying Colors Despite Its Bitcoin Purchases
29.5.2025
The IMF reached a staff-level consensus on El Salvador’s performance in meeting the conditions required to receive a new disbursement. Regarding bitcoin, efforts will be made to ensure that the total amount of the cryptocurrency owned remains unchanged. El Salvador Overcomes IMF Review With...
GameStop Just Bought Half A Billion Dollars Worth Of Bitcoin
28.5.2025
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
IMF says El Salvador to make ‘efforts’ to stop Bitcoin buys with $120M payments deal
28.5.2025
The International Monetary Fund said it has reached an agreement with El Salvador to pay the country $120 million following an initial review of its $1.4 billion loan agreement struck last year.The IMF said on May 27 that as part of the deal, El Salvador will need to fulfill its prior obligations...
IMF says El Salvador to make ‘efforts’ to stop Bitcoin buys with $120M payments deal
28.5.2025
The International Monetary Fund said it has reached an agreement with El Salvador to pay the country $120 million following an initial review of its $1.4 billion loan agreement struck last year.The IMF said on May 27 that as part of the deal, El Salvador will need to fulfill its prior obligations...
IMF Says 'Efforts Will Continue' to Ensure El Salvador Doesn't Accumulate More BTC
27.5.2025
El Salvador has kept purchasing bitcoin, but the IMF seems unfazed
El Salvador Overtakes North Korea in Bitcoin Holdings After Lazarus Group’s Reduction
26.5.2025
Two weeks prior, North Korea’s cybercriminal network Lazarus Group maintained a stash of 7,813 BTC—then worth $856 million. Since that point, the group has liquidated approximately 1,938 BTC, shedding more than $212 million in value. As a result of this reduction, El Salvador now outranks...
Success: El Salvador Boasts Hundreds of Millions of Dollars in Bitcoin Revenue
19.5.2025
El Salvador, the first country to introduce bitcoin as legal tender, has experienced significant success with its cryptocurrency experiment. President Nayib Bukele, a bitcoin enthusiast, has disclosed the revenue that the country has achieved with its “one bitcoin a day” reserve...
Panama City mayor teases Bitcoin reserve after meeting El Salvador's Bitcoin leaders
17.5.2025
Panama City Mayor Mayer Mizrachi has hinted at establishing a city-level Bitcoin reserve in a cryptic post following his meeting with two of El Salvador’s Bitcoin policy leaders.“Bitcoin Reserve,” Mizrachi wrote to X on May 16 after meeting El Salvador-based Bitcoiners Max Keiser...
Panama City mayor teases Bitcoin reserve after meeting El Salvador's Bitcoin leaders
17.5.2025
Panama City Mayor Mayer Mizrachi has hinted at establishing a city-level Bitcoin reserve in a cryptic post following his meeting with two of El Salvador’s Bitcoin policy leaders.“Bitcoin Reserve,” Mizrachi wrote to X on May 16 after meeting El Salvador-based Bitcoiners Max Keiser...
Panama City mayor teases Bitcoin reserve after meeting El Salvador's Bitcoin leaders
17.5.2025
Panama City Mayor Mayer Mizrachi has hinted at establishing a city-level Bitcoin reserve in a cryptic post following his meeting with two of El Salvador’s Bitcoin policy leaders.“Bitcoin Reserve,” Mizrachi wrote to X on May 16 after meeting El Salvador-based Bitcoiners Max Keiser...
Metaplanet now holds more Bitcoin than El Salvador
12.5.2025
Japanese investment firm Metaplanet has added another $129 million to its Bitcoin treasury, pushing its total holdings past the Bitcoin-stacking country of El Salvador. “Metaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we’re just...
El Salvador stacks 7 Bitcoin in last week, despite IMF deal
10.5.2025
The government of El Salvador continues stacking Bitcoin (BTC) for its national crypto reserve, despite an ongoing deal with the International Monetary Fund (IMF) stipulating that the Central American country stop using public funds to purchase Bitcoin as one of the conditions for a loan...
El Salvador stacks 7 Bitcoin in last week, despite IMF deal
10.5.2025
The government of El Salvador continues stacking Bitcoin (BTC) for its national crypto reserve, despite an ongoing deal with the International Monetary Fund (IMF) stipulating that the Central American country stop using public funds to purchase Bitcoin as one of the conditions for a loan...
Latam Insights Encore: I’m Convinced: Bukele Outsmarted the IMF, Even if We Don’t Know How
6.5.2025
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how President Nayib Bukele has continued to purchase bitcoin, complying with the IMF policies of non-bitcoin accumulation established in their credit...