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 asks El Salvador to restrict bitcoin law
This month, the International Monetary Fund said that it was asking the government of El Salvador – the first country in the world to declare bitcoin legal tender – to “limit” governmental exposure to the cryptocurrency,
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 Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin
In fact, the back-and-forth history between El Salvador and the IMF over bitcoin goes back years. In November 2021, the IMF said that bitcoin should not be used as legal tender in El Salvador and urged the Central American country to strengthen the regulation and supervision of that ecosystem, something it called for again in January 2022.
IMF Says Bitcoin Remains Key Element in El Salvador Program Talks
(Reuters) - Program talks between the International Monetary Fund and El Salvador focus on strengthening reforms, while addressing risks arising from the use of bitcoin remains a key element of the discussions, the IMF said on Thursday.
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,
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 ...
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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 ...
Exploring rich flavours of El Salvador in Waterloo region: Jasmine Mangalaseril
Latin America stretches from Mexico to the Caribbean and all through South America. Each of the 22 countries’ food culture ...
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Telecoms investor threatens El Salvador
A Guatemalan telecoms group has threatened El Salvador with a US$130 million treaty claim over a plan to roll-out a 4G ...
El Salvador's Bukele slams censorship as he touts his country's turnaround: 'We have freed millions'
El Salvador, once known as the "murder capital of the world," underwent a significant transformation after electing Nayib ...
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 ...