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Latam Insights: IMF Denies El Salvador's Bitcoin Purchase Claims; US-Brazil Conflict Set to Escalate – Crypto News Bitcoin News

Summary by Bitcoin.com
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 […]
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5 Articles

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 …

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https://www.cryptela.com broke the news in on Sunday, July 20, 2025.
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