Bitcoin Execs Revamp El Salvador’s Chivo Wallet
Linguard Labs acquires majority control of El Salvador’s Chivo wallet, relaunching with microloans and free remittances to boost financial inclusion. #Update #Finance
El Salvador
Bitcoin: El Salvador Defies IMF Waiver
El Salvador adds 7 $BTC, defying IMF’s $1.4B waiver conditions; private donations fund purchases, raising financial exposure concerns. #Update #Crypto $BTC
Bitcoin Accumulation Halted by IMF Urgency
The IMF approved a $139 million disbursement to El Salvador, urging the government to halt further bitcoin accumulation and reduce state involvement in cryptocurrency. #Update #Crypto $BTC
Bitcoin Breach Waived Unlocks $138M Payout
The IMF approved a $138M disbursement to El Salvador, waiving its bitcoin reserve rule violations as the country privatized Chivo wallet to reduce state crypto ties. #Update #Crypto $BTC
Bitcoin Treasury Grows El Salvador Denies Pivot
El Salvador denies stablecoin pivot, sells Chivo Wallet to private owners, and buys 30 $BTC in 30 days, raising reserves to 7,790 BTC. #Update #Crypto $BTC
Bitcoin Reserve Transfer Denial by Bukele
President Nayib Bukele refuted claims of transferring El Salvador’s bitcoin reserves, clarifying only Chivo shares were privatized; IMF praised economic growth. #Update #Crypto $BTC
Bitcoin Donations Fuel El Salvador Accumulation
El Salvador’s Bitcoin gains are private donations, unlocking $140M IMF funding. The government privatized Chivo Wallet control, aligning with IMF transparency rules. #Update #Crypto $BTC
Bitcoin Stash Grows to 7,762 BTC
El Salvador’s Bitcoin reserve hits 7,762 BTC, worth $598M at $77K per coin, defying IMF’s $1.4B deal urging purchase halt. #Update #Crypto $BTC
Bitcoin Reserve Surges El Salvador Hits 7680 BTC
El Salvador adds to its Bitcoin reserve, now holding over 7,680 BTC worth $510M, despite a $1.4B IMF agreement urging a halt in purchases. #Update #Crypto $BTC
Bitcoin Dips El Salvador Boosts Reserves
El Salvador’s bitcoin reserve nears 7,600 BTC, valued over $510M, despite IMF pressure. President Bukele continues daily purchases amid market dips. #Update #Crypto $BTC
Bitcoin Diploma 2.0 Program Launches in El Salvador
El Salvador is set to launch Bitcoin Diploma 2.0 in public schools by 2026, enhancing cryptocurrency education with new learning centers nationwide despite regulatory challenges. #Update #Crypto $BTC
Bitcoin Gains as El Salvador Buys $50M Gold
El Salvador’s central bank purchased $50 million in gold, increasing reserves to 67,403 ounces, while also adding one $BTC to its holdings, totaling 7,547 bitcoins worth $635 million. #Update #Crypto $BTC
Bitcoin Gains IMF Praise for Economic Progress
The IMF commended El Salvador’s economic growth while noting ongoing discussions about the government’s Bitcoin holdings and the Chivo wallet sale; El Salvador has accumulated nearly 7,500 BTC. #Update #Crypto $BTC
IMF Approves El Salvador’s Loan Program Review
El Salvador’s economic growth is recognized by the IMF, which urges the country to sell its Bitcoin assets for funding despite ongoing accumulation. Structural reforms align with international standards. #Update #Crypto $BTC