Nayib Bukele, El Salvador’s authoritarian president, brands himself the “world’s coolest dictator.” But he oversees an ...

Back in March, El Salvador reached an agreement with the IMF to receive a $3.5 billion loan package. Some of the conditions ...

El Salvador has purchased eight additional Bitcoins despite warnings from the IMF. The IMF recently restricted the nation ...

The IMF urged a halt to crypto accumulation as part of $1.4 billion program. El Salvador responded by buying more.

The International Monetary Fund said it has reached an agreement with El Salvador to pay the country $120 million following ...

IMF staff and the Salvadoran authorities have reached staff-level agreement on the first review of the country’s extended arrangement under the Extended Fund Facility (EFF). They also finalized ...

El Salvador secured a $120 million payout from the IMF as part of its $1.4 billion loan agreement, on condition of reducing Bitcoin exposure.

The International Monetary Fund (IMF) has successfully completed the first review of its $1.4 billion 40-month extended fund ...

The IMF will "ensure" Bitcoin holdings of El Salvador stay unchanged, tying the condition to its $1.4b loan program.

But after Nayib Bukele, the self-described “world’s coolest dictator”, announced in 2021 that El Salvador would become the ...

The IMF said on May 27 that as part of the deal, El Salvador will need to fulfill its prior obligations around limiting further government involvement in Bitcoin (BTC), and it will have to cease ...