El Salvador and the IMF have reached a $1.4 billion loan agreement, pending executive approval. The deal requires El Salvador to scale back its Bitcoin policy.

El Salvador’s recent $1.4 billion bailout by the International Monetary Fund (IMF) aimed to cut short President Nayib Bukele’s unwieldy cryptocurrency goals and their toll on the country’s ...

El Salvador Taps Bond Market as IMF Said to Visit Next Month. Nation sold $1 billion of 30-year notes with a 9.65% coupon; IMF officials joined nation in bond roadshow on Wednesday ...

The Executive Board of the International Monetary Fund (IMF) concluded El Salvador’s 2025 Article IV consultation and completed the first review of the Extended Fund Facility (EFF) arrangement.

El Zonte, a quiet surf town on El Salvador's coast, draws travellers not just for its waves, but for a bold financial ...

In a recent strategic financial move, El Salvador has acquired an additional 240 bitcoins, reinforcing its status as a ...

The IMF has been asking El Salvador for changes regarding its bitcoin law since its adoption in 2021. By Andrés Engler | Edited by Aoyon Ashraf Updated Oct 3, 2024, 11:51 p.m. Published Oct 3 ...

El Salvador is still purchasing Bitcoin even after inking a loan agreement with International Monetary Fund that required it to stop accumulating the token. “There’s a commitment of President ...

El Salvador has bought 12 bitcoins since the IMF announced last week the board approval of the agreement reached in December. It currently holds near $550 million in bitcoin, according to the ...