Tag: Salvador
Bitcoin: “Gigantic rise” in sight according to Bukele, President of El Salvador, Why?
© Reuters Investing.com – El Salvador’s President Nayib Bukele, one of Bitcoin’s staunchest proponents, who has made it an official currency in the country, today revisited one of Bitcoin’s most…
He wants the dismissal of the “President-Bitcoin” of El Salvador – Freewheeling Nouriel Roubini
Monetary coup – On January 18, 2022, rating agency Moody’s Investors Service announced that El Salvador’s credit rating remained unchanged. A financial information site had however indicated that Moody’s had…
IMF demands El Salvador stop using bitcoin as legal tender
The board of directors of the International Monetary Fund (IMF) has urged El Salvador to stop using bitcoin as legal tender, as it poses significant risks to financial stability. The…
In El Salvador, the fervent defenders of bitcoin
(AFP/MARVIN RECINOS) Karen Hernandez, who sells phone accessories in San Salvador, finds many advantages to payments by her customers in bitcoins and does not want her country to abandon cryptocurrency…
In El Salvador, the fervent defenders of bitcoin
(AFP/MARVIN RECINOS) Karen Hernandez, who sells phone accessories in San Salvador, finds many advantages to payments by her customers in bitcoins and does not want her country to abandon cryptocurrency…
Everything but Bitcoin – The IMF wants to impose its law on El Salvador
Pressure stroke – Have the directors of the International Monetary Fund read – or not – the recent article in the Journal du Coin on the adoption of bitcoin (BTC)…
IMF urges El Salvador to subscribe Bitcoin, Bukele mocks on Twitter
© Reuters. Investing.com – It was already known that the IMF took a dim view of El Salvador’s decision to make gold legal tender in the country, but the Fund…
Threats to financial stability: IMF wants El Salvador to abolish Bitcoin again
threats to financial stability IMF wants El Salvador to abolish bitcoin again 01/26/2022, 1:15 p.m El Salvador is the first country ever to introduce Bitcoin as an official means of…
El Salvador has gone too far on bitcoin, says IMF
The IMF recognizes that the crypto wallet set up in El Salvador can lead to better financial inclusion. However, the institution believes that the country should not have gone so…
IMF urges El Salvador to withdraw bitcoin as legal tender
Coins and banknotes reproducing the bitcoin logo (AFP/Archives/Ozan KOSE) The International Monetary Fund (IMF) on Tuesday urged El Salvador to withdraw bitcoin as an official currency, saying there were “significant…
IMF urges El Salvador to withdraw bitcoin as legal tender
The International Monetary Fund (IMF) on Tuesday urged El Salvador to withdraw bitcoin as an official currency, saying there were “significant risks associated with its use for financial stability, financial…
Price loss not the worst: El Salvador is speculating millions with Bitcoin
Price loss not the worst El Salvador speculates millions with Bitcoin 01/24/2022, 3:05 p.m President Bukele wants poor El Salvador to become a bitcoin nation. For months he has been…