Category: Bukele

  • El Salvador’s Bukele says Bitcoin buys will continue amid IMF pressure

    The President of El Salvador Naeb Bocley said his government will not stop buying bitcoin despite a new request from the International Monetary Fund to stop. The International Monetary Fund issued a new request on March 3 to obtain an extended ranking under its facilitation of $ 1.4 billion to…

  • Bukele Is The President of El Salvador, Not Bitcoin

    As a condition of the new IMF loan package, El Salvador’s President Bukele was forced to waive three aspects of the Bitcoin law passed in 2021: A legal tender mandate that requires companies to accept Bitcoin Shut down Chivo, state-run wallet and on/off service Tax payments in Bitcoin are no…