The $1.4 billion IMF loan requires El Salvador to improve transparency and Bitcoin-related financial oversight. The ...
Then there was his crypto fixation. In 2021 El Salvador became the first country to make bitcoin legal tender, alongside the ...
The Chivo Pets veterinary hospital, opened in February 2022 by the government, will be closed following a case of negligence in which dogs suffered mistreatment and abandonment at a shelter managed by ...
The IMF has issued stricter rules to curtail El Salvador's investment in Bitcoin as conditions for the country's $1.4 billion ...
The International Monetary Fund (IMF) is halting El Salvador’s public sector’s Bitcoin purchases as part of the recently ...
El Salvador must reduce its role in the Chivo Bitcoin wallet to access the International Monetary Fund's full $1.4 billion ...
and that it was paramount that the government provide "greater transparency" over San Salvador's bitcoin transactions and the status of the government-run bitcoin-wallet known as Chivo.
President Bukele revealed gas stations in El Salvador will begin selling each gallon of fuel at a $0.20 discount for those who pay using the Bitcoin Chivo wallet. President Nayib Bukele took to ...
El Salvador still has 688 Bitcoin in reserve, worth an estimated $574 million, of which $287 million is profit.
He also noted that $52 million in remittances were processed by the country's digital wallet service Chivo in the first five months of the year. El Salvador became the first nation in the world to ...