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El Salvador is continuing to buy Bitcoin even after agreeing to scale back purchases as part of a $1.4 billion deal with the International Monetary Fund. The Central American nation’s Bitcoin Office is still buying Bitcoin (BTC) despite signing a…
BTC
Bitcoin
News
El Salvador’s National Commission on Digital Assets, in collaboration with U.S. law firm Perkin Law Firm and former Goldman Sachs partner Heather Shemilt, has proposed a cross-border crypto regulatory sandbox to the U.S. Securities and Exchange Commission. The initiative, disclosed…
Feature
El Salvador’s big bet on Bitcoin has hit a snag: nearly all the crypto firms it registered aren’t actually playing by the rules. Nearly 90% of Bitcoin (BTC) service providers registered in El Salvador are not operating, according to a…
BTC
Bitcoin
News
Bitget has secured a key license in El Salvador, joining other crypto firms exploring the country’s growing appeal as a regulated hub for digital assets. Cryptocurrency exchange Bitget has received a digital asset service provider license from El Salvador‘s National…
BTC
Bitcoin
News
President Donald Trump has invited El Salvador’s president Nayib Bukele to the White House on Apr. 14 to discuss cooperation on border security, criminal repatriation, and potentially Bitcoin. The invitation follows a public display of admiration between the two leaders,…
BTC
Bitcoin
Feature
With Bitcoin now in the IMF’s books and U.S. reserves, is global crypto reporting entering a new phase — despite official resistance? IMF wakes up to crypto On Mar. 20, the International Monetary Fund (IMF) published the seventh edition of…
Feature
The IMF said to slow down. El Salvador said no. President Bukele’s government just added five more Bitcoins to its treasury, pushing its reserves past 6,111 BTC — defying the very institution that loaned it $1.4 billion just months ago.…
Follow-up
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this change, and what were the outcomes of its nearly four-year crypto experiment? The curious…
BTC
Bitcoin
News
Tether’s latest move puts USDT directly on Bitcoin’s infrastructure, allowing stablecoin transactions to settle faster and more efficiently via the Lightning Network. Tether (USDT), the world’s largest stablecoin issuer, has announced its integration with Bitcoin’s (BTC) ecosystem, marking a new…
News
El Salvador’s Legislative Assembly has amended its Bitcoin Law, making it optional for merchants to accept Bitcoin as payment. This change aligns with conditions set by the International Monetary Fund for a $1.4 billion loan aimed at bolstering the nation’s…
BTC
Bitcoin
News
El Salvador has amended its Bitcoin regulations as a part of a deal with the International Monetary Fund. According to Reuters, El Salvador Congress has approved the reforms within minutes of receiving them from President Nayib Bukele, aligning the country’s…
Follow-up
While there is much talk about the U.S. leadership in creating the Strategic BTC reserve, the European countries are not shying away from crypto, either. The Czech Republic will soon decide to create a Bitcoin reserve. Other countries and corporations…
BTC
Bitcoin
News
The entire Tether Group will relocate its business to Bitcoin-friendly nation El Salvador after securing regulatory licenses.
USDT
Tether
News
Bitfinex Derivatives has secured licensing as a Digital Asset Service Provider in El Salvador, the crypto platform’s Seychelles-based parent company has announced. The Bitfinex team noted in a blog post update and on X that its derivatives service will, following…
BTC
Bitcoin
News
El Salvador now holds more than 6,000 Bitcoin, reaching this milestone after adding another BTC on Dec. 29. The country’s Bitcoin (BTC) treasury now stands at 6,000.77 BTC, valued at approximately $561.3 million according to the National Bitcoin Office’s portfolio…
BTC
Bitcoin
News
El Salvador’s festive holiday celebrations amid IMF restrictions. As the country adds to its Bitcoin (BTC) reserve, El Salvador’s Christmas 2024 celebration has a distinctive Bitcoin-themed Christmas tree, further demonstrating the country’s everlasting dedication to the original cryptocurrency. On Dec.…
BTC
Bitcoin
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