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IMF, Bitcoin and El Salvador
IMF Recommends El Salvador Narrow the Scope of the Country’s Bitcoin Law, Limit Public Sector Exposure to BTC
The International Monetary Fund (IMF) has advised El Salvador to reform the country’s rules on Bitcoin (BTC) as an official currency.
IMF Pushes El Salvador To Narrow Bitcoin Law For Funding
The International Monetary Fund stated that El Salvador needs to limit the scope of its Bitcoin Law in order to get funding.
IMF asks El Salvador to restrict bitcoin law
In the past, the IMF has been critical of El Salvador's bitcoin program, particularly its lack of transparency and potential to imperil the country's financial stability and economy, which it projects can see 3% growth this year. The Central American country has been consistently logging 2.5% in yearly economic growth, according to the World Bank.
IMF Tells El Salvador to Cut Back on Bitcoin—But Is the Strategy Fizzling Out Anyway?
IMF has urged El Salvador to reduce its Bitcoin reliance. IMF also called for better regulatory oversight of the crypto market. President Bukele conceded that
IMF intensifies push for El Salvador to rein in Bitcoin and tighten crypto regulations
The International Monetary Fund (IMF) has once again urged El Salvador to revisit its approach to Bitcoin and tighten its regulatory framework for the digital currency. During an October 3 press conference,
1d
El Salvador Bonds Rally on Plan to Cut Costs With ESG Debt Swap
El Salvador’s bonds rallied after the nation disclosed plans to reduce its borrowing costs by swapping debt and promoting ...
Worldcrunch on MSN
4h
Nessa Sosa: From Social Exclusion To El Salvador's First Trans Model
Before she was 20 years old, she wanted to be a bodybuilder, because she likes lifting weights and is studying a Bachelor's ...
10d
The first US Peace Corps volunteers return to El Salvador since leaving in 2016 because of violence
The first U.S. Peace Corps volunteers returned to El Salvador since the American force left in 2016 because of violence in ...
Fox News
13d
El Salvador's Bukele slams censorship as he touts his country's turnaround: 'We have freed millions'
We have freed our
country
, but we need to maintain this freedom and do so in a world that is increasingly less free." "
El
Salvador
has left its past behind, but we never wish to return to it ...
Anadolu Ajansi
13d
El Salvador's president warns of 'new dark era' for humanity in UN speech
El Salvador’s president said Tuesday that "the world has become divided, depressed, worried, hostile and hopeless" and "we ...
12d
How El Salvador Became One of the Safest Nations in The West
El Salvador, once the world's most dangerous country, has undergone a remarkable transformation. In 2023, 88% of Salvadorians ...
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