IMF

IMF to ‘Ensure’ That El Salvador Does Not Buy Any More Bitcoin

The International Monetary Fund announced Tuesday that it will work to "ensure" that the amount of bitcoin held by El…

9 months ago

IMF Updates Global Standards to Include Crypto in Balance of Payments

Balance of Payments Manual, Seventh Edition (BPM7), cryptocurrencies like Bitcoin (BTC) are now classified as non-produced nonfinancial assets, while certain…

12 months ago

El Salvador Boosts Bitcoin Reserve to 6,067 BTC After IMF-Requested Policy Changes

El Salvador has purchased a further 11 Bitcoin for its national reserve, worth roughly $1.1 million at today's prices, taking advantage of…

1 year ago

El Salvador Agrees to Scale Back Bitcoin Policies For $1.4 billion IMF Loan

El Salvador has agreed to adjust its Bitcoin policies as part of a $1.4 billion loan arrangement with the International Monetary Fund…

1 year ago

El Salvador’s Bonds Spike Despite Bitcoin Criticism

Institutions and politicians have frequently slammed maverick Bitcoin booster Nayib Bukele, president of El Salvador, for his handling of his…

1 year ago

El Salvador Doubles Down on Bitcoin, Defies IMF Concerns

El Salvador has doubled down on its Bitcoin moves despite ongoing pressure from the International Monetary Fund (IMF) regarding the country’s…

1 year ago

Bank of International Settlements, World Bank & Swiss National Bank to Tokenize Promissory Notes

Last November the Bank of International Settlements Innovation Hub revealed it was planning a project with the Swiss National Bank…

2 years ago