El Salvador currently has a population of around 6.3 million, meaning 475,000 (7.5%) people are now using Bitcoin for ...
IMF has urged El Salvador to reduce its Bitcoin reliance. IMF also called for better regulatory oversight of the crypto ...
Despite the pioneering move by El Salvador to adopt Bitcoin as legal tender, the majority of Salvadorans have not embraced ...
Bitcoin has struggled to gain significant traction in El Salvador as many locals fail to welcome its adoption of Bitcoin as ...
Surveys repeatedly show that Salvadorans like their eccentric leader, President Nayib Bukele, for everything but Bitcoin.
In fact, the back-and-forth history between El Salvador and the IMF over bitcoin goes back years. In November 2021, the IMF ...
In the past, the IMF has been critical of El Salvador's bitcoin program, particularly its lack of transparency and potential ...
According to a tweet on X from El Salvador's Nayib Bukele, “We’ve just accepted offers for debt repurchase totaling U.S. $940 ...
The International Monetary Fund stated that if El Salvador doesn’t get rid of its Bitcoin Bitcoin law, which made bitcoin legal tender in the country, it should at least “narrow the scope ...
The International Monetary Fund (IMF) has advised El Salvador to reform the country’s rules on Bitcoin (BTC) as an official ...
El Salvador adopted Bitcoin to lower fees and improve financial inclusion, particularly for the unbanked population. Large businesses have embraced Bitcoin, while smaller firms and citizens are ...
Only 7.5% of El Salvador citizens say they use Bitcoin (BTC) to make transactions, a new survey has discovered. Find out more ...