El Salvador recently added $1 million in Bitcoin to its Strategic Bitcoin Reserve, just a day after finalizing a $1.4 billion financing agreement with the International Monetary Fund (IMF). The post El Salvador Boosts Bitcoin Holdings After $1.4B IMF Agreement appeared first on Cryptodnes.

Halda á­fram bitcoin-braski þrátt fyrir sam­komu­lag við AGS

Vísir

Bitcoin boom continues despite IMF agreement

The government of El Salvador says it will continue to expand its reserves of the cryptocurrency bitcoin, even spitting on it, despite a loan agreement it reached with the International Monetary Fund. The agreement included reducing exposure to bitcoin.

Stjórnvöld í El Salvador segjast ætla að halda áfram að stækka varaforða sinna af rafmyntinni bitcoin og jafnvel spýta í þrátt fyrir lánasamning sem þau gerðu við Alþjóðagjaldeyrissjóðinn. Samningurinn fól í sér að þau ættu að draga úr áhættuskuldbindingum vegna bitcoin.

CryptoPanic

El Salvador Boosts Bitcoin Holdings After $1.4B IMF Agreement

IMF approves a significant loan to El Salvador for economic reforms. The agreement includes limitations on the use of cryptocurrency.
Continue Reading:IMF Approves $1.4 Billion Loan to Support El Salvador’s Reforms
The post IMF Approves $1.4 Billion Loan to Support El Salvador’s Refo...

https://www.cryptela.com

IMF Approves $1.4 Billion Loan to Support El Salvador’s Refo

El Salvador has made a notable addition to its national cryptocurrency reserve, purchasing 11 bitcoins for over $1 million, just a day following the conclusion of a significant $1.4 billion financial arrangement with the International Monetary Fund (IMF). This action comes amidst specific conditions set by the IMF that sought to temper the nation’s dealings in cryptocurrency. Despite the IMF’s recommendations to scale back, El Salvador’s Nationa…

digitalmarketreports.com

El Salvador Acquires 11 Bitcoins Shortly After Finalizing IMF Agreement

San Salvador – El Salvador’s sovereign bonds have seen significant growth in 2024, with some trading at or above nominal value. This trend accelerated after the IMF announced a $1.4 billion financing agreement with the Salvadoran government on December 18, part of a $3.5 billion support package. Exor Latin America confirmed that the announcement boosted bond prices, particularly those maturing in 2027 and 2034, which rose to $99.37 and $94.50, r…

El Salvador in English

El Salvador’s Bonds Surge After IMF Agreement.

The International Monetary Fund has reached an agreement with El Salvador for a $1.4 billion loan. In return, El Salvador The post IMF Lends El Salvador $1.4 Billion In Exchange For Bitcoin Restrictions appeared first on Coinpri.

Coinpri

IMF Lends El Salvador $1.4 Billion In Exchange For Bitcoin Restrictions

Key Takeaways: 
El Salvador just bought 11 Bitcoin, worth over $1 million, right after securing a $1.4 billion loan from the IMF. The country remains committed to its Bitcoin strategy, planning to buy more and hold its current reserves. El Salvador’s Bitcoin stash now stands at 5,980.77 BTC, worth around $580 million.  El Salvador Makes a Bold Move El Salvador has done it again. On December 19, 2024, the country purchased 11 Bitcoin worth over $…

CryptoNinjas

El Salvador Buys 11 Bitcoin Right After Securing $1.4 Billion Loan from the IMF

El Salvador purchased $1 million worth of Bitcoin on December 19th, shortly after securing a $1.4 billion financing agreement with the International Monetary Fund (IMF). The agreement includes provisions to limit government involvement in Bitcoin and cryptocurrency-related activities.The Bitcoin Office announced the acquisition on X, noting the addition of 11 Bitcoin to the country’s Strategic Bitcoin Reserve. 🇸🇻We just transferred over a mill…

The BTC Times

El Salvador Acquires 11 Bitcoin Following IMF Agreement

TLDR El Salvador secured an agreement of 1.4 billion dollars with the IMF maintaining Bitcoin as a legal tender The country owns 5,968 BTC (for a value of 594 million dollars) and plans to accelerate purchases Private companies will no longer be obliged to accept payments with Bitcoin The government will gradually eliminate the wallet [...] El Salvador's entry reaches an agreement of 1.4 billion dollars with the IMF and continues with its Bitcoi…

TLDR El Salvador consiguió un acuerdo de 1.400 millones de dólares con el FMI manteniendo Bitcoin como moneda de curso legal El país posee 5.968 BTC (por un valor de ~$594 millones) y planea acelerar las compras Las empresas privadas ya no estarán obligadas a aceptar pagos con Bitcoin El gobierno eliminará gradualmente la billetera […] La entrada El Salvador alcanza un acuerdo de 1.400 millones de dólares con el FMI y continúa con sus tenencias …

El Salvador alcanza un acuerdo de 1.400 millones de dólares con el FMI y continúa con sus tenencias de Bitcoin - La Criptomoneda

La Criptomoneda

El Salvador reaches an agreement of 1.4 billion dollars with the IMF and continues with its holdings of Bitcoin - La Cryptocurrency

El Salvador has ramped up its Bitcoin buying a day after agreeing to an International Monetary Fund deal that required scaling back its government-led crypto activities. On Dec. 19, the first nation to adopt Bitcoin as a legal tender and…

El Salvador Boosts Bitcoin Holdings After $1.4B IMF Agreement

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