Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the
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El Salvador Reinforces Bitcoin Allegiance: Purchases BTC in Defiance of IMF Agreement
The government of El Salvador has clarified that it will continue pushing bitcoin as part of its economic strategy, even as it inked an agreement
Read moreEl Salvador buys 11 BTC only a day after reaching a deal with IMF
El Salvador purchased 11 Bitcoin a day after reaching a $1.4 million IMF loan deal that called for a reduction in public sector engagement in
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Quid Pro Quo: El Salvador Scores $1.4 Billion IMF Credit by Scaling Back Bitcoin Activities
The International Monetary Fund (IMF) reached an agreement with the government of El Salvador to provide a $1.4 billion credit facility to fund the country’s
Read moreEl Salvador makes Bitcoin payments voluntary in $1.4B IMF loan deal
El Salvador’s struck a loan deal with the IMF and will make Bitcoin acceptance voluntary and roll back government involvement in Bitcoin-related projects.
Read moreEl Salvador grants Bitget license for Bitcoin services
El Salvador has authorized Bitget to provide Bitcoin services in the country. The exchange is now seeking further approval to support more tokens.
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