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Results for Bitcoin, Nayib Bukele

6 stories, newest first

Feb 14, 2025 — Bitcoin, El Salvador

As El Salvador submits to requests by the IMF, it has modified its laws to diminish bitcoin’s role in the economy.

Authorities in El Salvador have agreed to end the use of bitcoin for tax payments by February 2025 in order to secure an IMF loan extension.

Oct 25, 2024 — Bitcoin, El Salvador

Simplistic calculations of El Salvador’s bitcoin holdings assume that a rally to $100K would allow IMF loan repayment. It probably won’t.

Mar 15, 2024 — Bitcoin, El Salvador

Bukele claimed he is storing a wallet holding over 5,000 bitcoins in a vault, a figure seemingly contrasting with his previous statements.

Mar 14, 2024 — Bitcoin, El Salvador

El Salvador recently removed income tax on remittances and foreign investments, hoping to stimulate greater investment in the country.

Despite claims that Bitcoin City was "coming along beautifully," the Ministry of Public Works has seemingly denied all knowledge of it.