On March 20, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with El Salvador.

The $1.4 billion IMF loan requires El Salvador to improve transparency and Bitcoin-related financial oversight. The government must disclose all public-sector Bitcoin holdings and conduct ...

El Salvador now holds 6,111 BTC worth $501.88 million, with a majority of purchases in profit. It has purchased 40 BTC in the ...

A clause in the country's recently-completed IMF financing deal suggested a prohibition against El Salvador accumulating any additional bitcoin.

The IMF has advised the El Salvador government to cease further Bitcoin acquisitions, citing concerns about the volatility of digital assets. Through a post on social media, El Salvador President, ...

El Salvador announced on Wednesday the purchase of a bitcoin, which takes the total in the country's strategic reserve to ...

El Salvador isn’t backing down from Bitcoin just yet. Despite agreeing to an International Monetary Fund (IMF) loan deal that ...

Then there was his crypto fixation. In 2021 El Salvador became the first country to make bitcoin legal tender, alongside the ...

The IMF said bitcoin usage remains marginal in El Salvador, with minimal circulation as a payment method due to its high price volatility and low public trust.

El Salvador is unfazed by concerns around its Bitcoin reserve following a recent agreement with the IMF to concede some of ...

'It won't stop now, and it won't stop in the future,' Bukele said of his country's Bitcoin purchases The IMF said Monday that ...