El Salvador's President Bukele defies IMF agreement by continuing Bitcoin purchases, risking economic stability. Opposition party ARENA warns of potential consequences as they struggle to influence Bukele's policies.
This edition of Latam Insights explores President Nayib Bukele's evasiveness about El Salvador's commitments under the IMF deal and how Bitcoin plays a role in this national shift.
El Salvador faces compliance reviews amidst its unwavering Bitcoin strategy despite IMF terms.
IMF approves a $1.4 billion credit facility for El Salvador with restrictions on Bitcoin purchases.
El Salvador resumes its Bitcoin purchases, acquiring 7 BTC after a one-week break, amidst concerns from the community.
El Zonte inspired Bukele to make Bitcoin legal tender in El Salvador. CoinDesk visited to see its development.
El Salvador continues to purchase Bitcoin, defying IMF pressures and increasing its reserve to 6,073 BTC worth nearly $584,000.
El Salvador remains committed to Bitcoin adoption despite an IMF deal, underscoring President Bukele's persistence. The government's firm stance shows no wavering in its Bitcoin push, continuing to make significant strides in cryptocurrency integration within the nation.
El Salvador's Bitcoin stance may jeopardize its $1.4 billion IMF deal due to President Bukele's actions. Dive into the latest economic and crypto news in Latin America, focusing on this complex situation.
El Salvador's President Bukele gives exclusive insights in this Bugle interview. Get the inside scoop on his crypto perspectives.
El Salvador's leader should focus on citizens' well-being, not just Bitcoin's buzz.
President Bukele celebrates over $300 million in unrealized Bitcoin gains for El Salvador amid a recent Bitcoin rally, defending his investment strategy against skeptics.
El Salvador's Bitcoin holdings have reached $349 million, although Bhutan's reserves remain higher. Bukele's government has been purchasing one Bitcoin daily since November 2022, resulting in a 49% return and $13.26 million in unrealized profit.
El Salvador's President Bukele acknowledges Bitcoin adoption hasn't met expectations but sees no negative impacts.
FUNDE reports that the Salvadoran economy is slowing down and purchasing power is decreasing as President Bukele fights inflation.
The Expat Money Show discusses Bukele's BTC bank, Portugal's stance on expats, and Milei's ideas.
Bukele criticizes traditional fiat currency for being printed out of thin air.
