El Salvador's $1.4 Billion IMF Deal Harms its Bitcoin Adoption
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After agreeing to curtail its ambitious Bitcoin initiatives, El Salvador has reached a $1.4 billion loan arrangement with the International Monetary Fund…
Quid Pro Quo: El Salvador Scores $1.4 Billion IMF Credit by Scaling Back Bitcoin Activities
1 Mins read
The International Monetary Fund (IMF) reached an agreement with the government of El Salvador to provide a $1.4 billion credit facility to…
Iran Declares UN and IMF Ineffective, Advocates for BRICS-Driven World Order
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Iran’s president slammed the UN Security Council and International Monetary Fund (IMF) at the BRICS summit, accusing them of losing effectiveness due…
BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor
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A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering…
US Share of World Economy Projected to Reach Historic Low
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The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World…
IMF Urges El Salvador to Tighten Bitcoin Law and Strengthen Oversight
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The International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and oversight of…
Bukele States Bitcoin Was an Effective Rebranding Tool for El Salvador
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President Nayib Bukele pondered how El Salvador adopted the bitcoin banner and evaluated how it has fared for the country so far….
Experts Refute Damning IMF ‘Attack Piece’ on Crypto Mining
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In a post on X on Aug. 16, crypto ESG advocate and researcher Daniel Batten posted a rebuttal to an Aug. 15…
Latam Insights Encore: El Salvador Forges a Path to Overcome IMF’s Bitcoin-Phobia
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Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this…
Latam Insights: El Salvador Advances Talks With IMF Despite Bitcoin Allegiance; Brazil Passes First Solana Spot ETF
1 Mins read
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this issue:…