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…
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El Salvador Passes IMF Review With Flying Colors Despite Its Bitcoin Purchases
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…
El Salvador Secures IMF Deal, Retains Bitcoin Holdings Amid Fiscal Changes
El Salvador and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review of the country’s 40-month Extended Fund Facility (EFF) arrangement. The agreement is pending…
El Salvador Overtakes North Korea in Bitcoin Holdings After Lazarus Group’s Reduction
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…
El Salvador’s Bitcoin Holdings Surge to $644M, Generating $357M in Unrealized Gains
While the IMF has required limitations on public-sector crypto engagement as part of a $1.4 billion loan agreement, El Salvador’s Bitcoin Office has continued purchasing one BTC per day. This…
Success: El Salvador Boasts Hundreds of Millions of Dollars in Bitcoin Revenue
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…
Latam Insights Encore: I’m Convinced: Bukele Outsmarted the IMF, Even if We Don’t Know How
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…
Latam Insights: Strategy Rises in Brazil; El Salvador Continues to Buy Bitcoin
Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, Oranje rises as Latam’s Strategy’s…
Excellence-Only Policy Puts El Salvador’s Bitcoin Program in Global Spotlight
El Salvador is rapidly cementing its status as a global innovation powerhouse, fusing elite bitcoin education with cutting-edge AI training to supercharge national transformation and global influence. Bitcoin Advocate Applauds…
El Salvador Committed to Buying Bitcoin Despite IMF Deal, Minister Says
El Salvador is quietly defying the IMF, accelerating daily bitcoin buys and reinforcing its bold crypto strategy on the global stage. El Salvador Keeps Buying Bitcoin Daily Despite IMF Loan…
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