Fitch upgrades El Salvador after IMF deal eases financing needs
Fitch Ratings on Tuesday upgraded its rating for El Salvador to B- from its prior CCC+ status, along with a stable outlook, ...
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Bitfinex moves to El Salvador after securing DASP license
Bitfinex derivatives exchange moved its operations to El Salvador following the acquisition of a Digital Asset Service ...
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El Salvador bolsters Bitcoin reserves to over 6,000 BTC, securing $569 Million in treasury asset growth
El Salvador’s Bitcoin count surpasses 6,000 BTC. The country’s Bitcoin mission was not shaken by the IMF’s call to tone down ...
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El Salvador Hits 6,000 BTC Despite $1.4B IMF Bitcoin Cutback Deal
El Salvador’s Bitcoin treasury reached 6,000 BTC, valued at $560 million as of Dec. 30. The country maintains a $330 million ...
El Salvador's Bitcoin stash hits 6,000 BTC, worth $569M
El Salvador’s Bitcoin holdings soar above 6,000 BTC with its latest purchase, joining the US, China, the UK, Ukraine and ...
El Salvador now holds 6,000 BTC: can Bitcoin success story sustain?
El Salvador, the world’s first nation to adopt Bitcoin as legal tender, has made headlines again, surpassing 6,000 BTC in its ...
Can Bitcoin as Legal Tender Reshape a Nation's Economy? Lessons from El Salvador
When El Salvador brazenly adopted Bitcoin as legal tender in 2021, it straightaway became a kind of lodestone that generated debate about the cryptocurrency’s role in shaping a nation's economic ...
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IMF Pressures El Salvador To Stop Pushing Bitcoin
El Salvador has agreed to scale back its crypto agenda in exchange for a $1.4 billion loan from the International Monetary Fund (IMF), marking a shift in the country's quest to become a global ...
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The IMF Just Improved El Salvador’s Bitcoin Law
The IMF yesterday announced they have reached a $1.4 billion loan deal with El Salvador. In return, the Central American country that in 2021 made bitcoin legal tender had to remove some of its ...