El Salvador

The IMF asks El Salvador not to recognize the digital currency Bitcoin

The IMF asks El Salvador not to recognize the digital currency Bitcoin The IMF emphasized that using Bitcoin and issuing…

3 years ago

The IMF Urged El Salvador To Abandon Bitcoin As Legal Tender, Citing Security Concerns.

President Nayib Bukele doubles down on crypto bets despite recent volatility, prompting criticism. The IMF also stated that the Covid-19…

3 years ago

El Salvador President Dropped a Picture Wearing McDonald’s Uniform After Purchasing $15 Million In BTC Couple Days Earlier

Nayib Bukele, El Salvador's president, announced that his country bought 410 Bitcoin amid market decline on January 22. El Salvador…

3 years ago

Nouriel Roubini Thinks El Salvador President Should Be Impeached Over Bitcoin

Nobel Laureate Nouriel Roubini has called Nayib Bukele a "criminal president." Nouriel Roubini Nobel Laureate Nouriel Roubini has stepped up…

3 years ago

El Salvador To Offer Crypto-Based Loans to Small And Medium-Sized Businesses.

El Salvador's government intends to give $10 million in crypto-based loans to small and medium-sized businesses (SMEs) beginning in the…

3 years ago

Moody’s Downgrade El Salvador Sovereign Debt Due To Bitcoin Trades, and El Salvador’s President Response.

El Salvador's credit risk may rise if it persists to acquire bitcoin, according to Moody's. In July, the ratings agency…

3 years ago

Max Keiser believes that one of the G7 countries will begin mining bitcoin.

Max Keiser believes there will be a worldwide hashrate competition. G7 In a recent interview with Stansberry Research, American journalist…

3 years ago

El Salvador’s president calls Steve Hanke an “idiot”.

Following the recent decrease in the value of Bitcoin (BTC), discussions concerning the virtual currency's long-term viability and energy consumption…

3 years ago

El Salvador Is Working on 20 Bills That Would Establish a Legal Framework for Bitcoin Bond Issuance

El Salvador's government has moved forward with plans to issue Bitcoin bonds by drafting 20 legislation that would serve as…

3 years ago

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