News
The IMF report directly contradicts regular posts from El Salvador’s Bitcoin Office that the country is purchasing one BTC per day.
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Latest El Salvador News
El Salvador is a small Central American country bordered by Honduras, Guatemala and the Pacific Ocean. In September 2021, El Salvador made a significant move in the crypto world when it became the first country to make Bitcoin legal tender.
This innovative move aligns with plans to utilize geothermal energy for cryptocurrency mining, issue “Volcano Bonds” to fund Bitcoin infrastructure and construct a “Bitcoin City” at the base of a volcano.
Despite facing international scrutiny and domestic concerns, El Salvador’s efforts position it as an emerging hub for blockchain technology through its cryptocurrency ventures.
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Looking to live tax-free with crypto in 2025? These five countries, including the Cayman Islands, UAE and Germany, still offer legal, zero-tax treatment for cryptocurrencies.
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Bilal Bin Saqib met El Salvador’s President Nayib Bukele to discuss Bitcoin adoption and signed a Letter of Intent for crypto collaboration.
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With millions in crypto flowing into US elections, governments worldwide face pressure to regulate digital campaign contributions.
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Citizenship and residency via crypto are now possible in countries like Vanuatu, El Salvador and Portugal, with investment requirements ranging from $100,000 to $1 million.
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In 2025, governments hold over 463,000 BTC, with the US and China leading, while countries like Bhutan, Iran and the UK quietly build strategic reserves.
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The Central American country has continued its daily Bitcoin investments despite a non-accumulation deal struck with the IMF in December 2024.
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Panama should allow ships wanting to transit the Panama Canal to skip the line if they pay in Bitcoin, says Panama City Mayor Mayer Mizrachi.
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El Salvador’s Bitcoin Office bought more Bitcoin shortly after the IMF announced it had reviewed its loan deal with the country.
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The mayor of Panama City seemingly advocated for a city-level Bitcoin reserve in a mysterious post after meeting two of El Salvador’s Bitcoin policy leaders this week.
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Japanese investment firm Metaplanet now holds 6,796 Bitcoin, currently worth more than $700 million.
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The country continues to acquire more Bitcoin for its strategic reserve and has embraced technical innovation to fuel economic growth.
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The IMF’s non-accumulation agreement may leave room for Bitcoin accumulation through non-governmental entities, industry watchers told Cointelegraph.
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The financial regulator said El Salvador's National Commission on Digital Assets agreed to a collaborative sandbox pilot program.
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El Salvador announced a new AI collaboration with computer chip-making giant Nvidia, aiming to improve healthcare, education and infrastructure.
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