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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Over the weekend, speculation on X claimed the International Monetary Fund (IMF) had officially recognized Bitcoin as…
The International Monetary Fund (IMF) has overhauled its balance of payments standards to reflect the growing impact of digital assets. According to the newly released Balance of Payments Manual, Seventh…
Nayib Bukele, the president of El Salvador, is not changing his mind on his Bitcoin approach. He said he will continue to buy Bitcoin, despite the opposition of some sectors–the…
A newly disclosed set of deadlines from the International Monetary Fund (IMF) appears set to sharpen oversight of El Salvador’s Bitcoin during the coming year and beyond. According to information…
El Salvador’s transformation from a nation that was skeptical of cryptocurrency to one that is the staunchest advocate for Bitcoin has been nothing short of extraordinary. Paper profits exceed $167…
In a dramatic gesture that reinforces its stance on Bitcoin, El Salvador has bought 11 BTC for its national reserves, which now amount to 6,044 units. The move follows an…
El Salvador’s agreement with the IMF could shutter the country’s state-backed Bitcoin wallet Chivo, but not its overall BTC support. Bitcoin-friendly nation El Salvador will sunset or sell its Chivo…
