El Salvador's president is triumphant after his bet on bitcoin …
Dec 6, 2024 · SAN SALVADOR, El Salvador (AP) — As bitcoin reached historic highs, surpassing $100,000 for the first tim e, El Salvador’s President Nayib Bukele was triumphant on Thursday about his big bet on the cryptocurrency.
El Salvador strikes $1.4bn IMF deal after scaling back Bitcoin
Dec 19, 2024 · El Salvador has struck a $1.4bn (£1.1bn) loan deal with the International Monetary Fund (IMF) after agreeing to scale back its controversial bitcoin policies. The global lender said risks related ...
El Salvador plans to sell or shut its crypto wallet
6 days ago · El Salvador will privatize or close the cryptocurrency wallet "Chivo" created by President Nayib Bukele when he made bitcoin legal tender in 2021, an official said Thursday.
El Salvador’s Bitcoin gains top $300M — President - Cointelegraph
Dec 8, 2024 · El Salvador’s unrealized gains of more than $300 million on its Bitcoin purchases came as BTC broke through the $100,000 milestone price. Salvadoran President Nayib Bukele highlighted the...
Bitcoin rally: Is El Salvador's Bitcoin bet paying off? - BBC
Dec 6, 2023 · El Salvador's president is celebrating after a Bitcoin reserve he bought with public money has entered the black amid the continuing Bitcoin price rise. Since 2021, Nayib Bukele has spent...
El Salvador to Dial Back Bitcoin Ambitions for IMF Loan, Report …
Dec 9, 2024 · El Salvador may pull back on a mandate requiring businesses to accept bitcoin as payment, the FT reported. Sources expect this could unlock a $1.3 billion IMF loan. El Salvador embraced bitcoin...
El Salvador Has Thousands More Bitcoins Than Previously Known - CoinDesk
Mar 15, 2024 · Bitcoin-forward Central American nation El Salvador this week moved $400 million worth of bitcoin (BTC) – "a big chunk" – into a cold wallet, according to its President, Nayib Bukele. In a post...
El Salvador Embraces Future With Bitcoin As Bukele Secures ... - Forbes
Feb 5, 2024 · Nayib Bukele's re-election as El Salvador's President in a landslide victory is not just a political triumph but also affirmation of the country's ongoing bitcoin adoption, garnering more...
El Salvador's Bukele to transfer 'big chunk' of Bitcoin assets to a ...
Mar 15, 2024 · El Salvador will transfer “a big chunk” of its bitcoin assets to an offline device that will be stored in a physical vault within the Central American country’s territory, President Nayib...
El Salvador buys 11 BTC only a day after reaching a deal with IMF
6 days ago · El Salvador bought $1 million worth of Bitcoin a day after striking a $1.4 billion deal with the International Monetary Fund that stipulated limits on dealing with the cryptocurrency.