El Salvador Accelerates Bitcoin Strategy with $1M Purchase, Eyes 20,000 BTC Goal
• 1 min read
El Salvador strengthens its cryptocurrency position by adding 11 BTC worth $1.06M to national reserves, while planning accelerated future purchases. The nation maintains its bold Bitcoin strategy despite IMF pressures and potential changes to its Chivo wallet program.
El Salvador Phases Out Chivo Bitcoin Wallet in Historic $1.4B IMF Agreement
• 1 min read
El Salvador announces plans to discontinue its state-backed Chivo cryptocurrency wallet as part of a landmark $1.4B IMF deal, though Bitcoin remains legal tender. The agreement marks a strategic shift in the country's crypto approach while potentially unlocking over $3.5B in international financing.