The International Monetary Fund (IMF) has overhauled its balance of payments standards to reflect the growing impact of digital assets. According to …
IMF
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Finance
Bukele Rejects IMF Bitcoin Terms as El Salvador Continues Accumulation
by shayaanby shayaanEl Salvador’s President Nayib Bukele has dismissed the International Monetary Fund’s (IMF) conditions requiring the country to halt Bitcoin accumulation. Despite IMF …
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Adoption
El Salvador defies IMF, continues Bitcoin purchases amid market downtrend
by shayaanby shayaanEl Salvador has reinforced its commitment to Bitcoin despite repeated cautions from the International Monetary Fund (IMF). On March 9, El Salvador’s …
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Adoption
El Salvador buying or mining more Bitcoin could cost country $3.5 billion in IMF funding
by shayaanby shayaanThe International Monetary Fund (IMF) has approved a new 40-month arrangement under the Extended Fund Facility (EFF) for El Salvador, providing access …
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Regulation
Milei plans key US trip to seek IMF funds from Trump amid his memecoin blackeye
by shayaanby shayaanArgentine President Javier Milei will visit Washington this week to ask for US President Donald Trump’s help in securing funds from the …
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Regulation
El Salvador Reverses Bitcoin Legal Tender Status Under Pressure From IMF: Report
by shayaanby shayaanEl Salvador has reportedly removed the legal tender status of Bitcoin (BTC) after less than four years because of pressure from the …
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Scams
El Salvador Rushes to Approve Bitcoin Law Amendment to Comply With IMF Loan Terms
by shayaanby shayaanEl Salvador has voted to scale back its radically pro-Bitcoin legislation after agreeing to a deal with the International Monetary Fund (IMF) …
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Markets
El Salvador Defies IMF, Boosts Bitcoin Holdings Amid Economic Challenges
by shayaanby shayaanDefying an IMF agreement, which stipulates El Salvador to reduce its economy’s exposure to the Bitcoin market, the Central American country has …
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Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This …