Bitcoin’s earliest realistic path to becoming the world’s global reserve currency (defined here as reserve-currency primacy rather than limited reserve-asset adoption) sits …
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IMF
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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 …
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