Latam Insights: IMF Denies El Salvador's Bitcoin Purchase Claims; US-Brazil Conflict Set to Escalate – Crypto News Bitcoin News
5 Articles
5 Articles
El Salvador Halted Bitcoin Purchases Since February, IMF Letter Reveals - CryptoShrypto
In a revelation that directly contradicts President Nayib Bukele’s public narrative, a letter signed by El Salvador’s top finance officials confirms the government has not purchased any bitcoin since February 2025. The letter was disclosed as part of the International Monetary Fund’s (IMF) first review of a $1.4 billion financing agreement, finalized earlier this year. The document, released on July 15, was signed by Central Bank President Dougl…
Since El Salvador raised the orange flag in 2021 by adopting the bitcoin as a legal currency, the country has stopped paying for the chronicle. Between Messianic vision of President Nayib Bukele and international fascination, the story seemed clear: every day El Salvador bought a BTC. Yet, the curtain has just fallen. An official IMF report, accompanied by a letter signed by the country's top financial officials, says black on white: no Bitcoin …
Latam Insights: IMF Denies El Salvador's Bitcoin Purchase Claims; US-Brazil Conflict Set to Escalate – Crypto News Bitcoin News
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the IMF states that El Salvador’s bitcoin purchases are merely consolidation operations, Brazil and the U.S. are on the verge of escalating a trade conflict, and the DEA has seized $10 million […]
IMF Report Exposes El Salvador’s Bitcoin Strategy Clash
The IMF report questions El Salvador's ongoing Bitcoin acquisition strategy. No actual Bitcoin purchases were made since the IMF agreement's February initiation. Continue Reading:IMF Report Exposes El Salvador’s Bitcoin Strategy Clash The post IMF Report Exposes El Salvador’s Bitcoin Str...
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