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AA News Crypto News El Salvador IMF Nayib Bukele

El Salvador’s $1.4 Billion IMF Deal Harms its Bitcoin Adoption

After agreeing to curtail its ambitious Bitcoin initiatives, El Salvador has reached a $1.4 billion loan arrangement with the International Monetary Fund (IMF). The agreement, which needs the approval of the IMF Executive Board, aims to support El Salvador’s reform agenda, boost fiscal and external sustainability, and create conditions for stronger, inclusive growth. IMF Loan […]

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AA News Bitcoin BTCEUR BTCGBP BTCUSD BTCUSDT Crypto News El Salvador Nayib Bukele

El Salvador President Showcases National Portfolio as Bitcoin Tapped $100K

After Bitcoin (BTC) recently went past the $100,000 milestone, El Salvador President Nayib Bukele took to social media to bask in the glory of a gamble his country made in 2021. Then, the small Central American nation gave the cryptocurrency legal tender status and established a treasury that now holds almost six thousand BTC. When […]

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