Bitcoin, El Salvador and IMF
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
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 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 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 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 Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin
The IMF has been asking El Salvador for changes regarding bitcoin since 2021, when the Central American country established it as a legal
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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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 ...
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 ...
News Analysis: Bukele claims he cleaned up El Salvador. But at what cost?
With a carefully orchestrated public profile, the president of El Salvador claims sky-high popularity after jailing gangs.
The first US Peace Corps volunteers return to El Salvador since leaving in 2016 because of violence
Copyright 2024 The Associated Press. All Rights Reserved. President of El Salvador Nayib Armando Bukele addresses the ...
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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 ...
Who Will Win the 2024 WSL Longboard World Title?
The format for the longboard finals is almost the same as the shortboard finals except there are eight surfers instead of ...
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Six Arrested as El Salvador Dismantles Migrant Trafficking Operation
Authorities in El Salvador dismantled a migrant trafficking network destined for the United States on Saturday, which ...