Tue, 21-Oct-2025

IMF urges El Salvador to remove Bitcoin as legal tender

bitcoin

WASHINGTON: The IMF called on El Salvador to change course and stop using Bitcoin as legal tender, citing “large risks” posed by the cryptocurrency. The small Central American nation in September became the first country in the world to embrace the digital money, allowing consumers to use it in all transactions, alongside the US dollar. … Read more

Nayib Bukele: El Salvador purchases 150 more bitcoins

Nayib Bukele

As per the announcement of President Nayib Bukele, 150 more bitcoins (BTC) have been purchased by El Salvador, taking the Central American country’s holdings of the unstable crypto to 700 coins. Bukele tweeted that “We just bought dip,” mentioning the latest fall in BTC values. Prior to this month, El Salvador became the first state … Read more