Is Someone Lying? IMF Confirms El Salvador’s Compliance With Bitcoin Non-Accumulation Commitment

In a press briefing during the spring meetings of 2025, the IMF highlighted that, according to their data, El Salvador has complied with the bitcoin non-accumulation agenda to which it committed. Nonetheless, the country continues to report regular bitcoin purchases. IMF States El Salvador Has Not Accumulated More Bitcoin, but Bukele Keeps ‘Buying’ The controversy … Read more

89% of Registered Bitcoin Service Providers Remain Inactive in El Salvador

According to records from the Central Reserve Bank, only 20 registered bitcoin service providers (BSPs) are actively operating in El Salvador, one of which is Chivo, the official government wallet that will soon be disbanded. Barren Land: Only 20 Bitcoin Service Providers Operate in El Salvador While El Salvador was one of the first countries … Read more

Latam Insights: Bukele’s US Tour, Panamanian Crypto Bill

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, El Salvador’s Nayib Bukele announces a visit to the U.S., a Panamanian crypto bill gets introduced, and Venezuela suffers after Trump implements secondary tariffs on oil purchases. El Salvador’s Bukele … Read more

Latam Insights Encore: Bukele’s Gambit or How (Not) to Conduct a Bitcoin Revolution

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines President Nayib Bukele’s behavior regarding the commitments El Salvador has made under the IMF deal, choosing to remain vague rather than explaining how bitcoin fits into this new national reality. Latam … Read more

Is Bukele Lying? IMF Statements Hint at Bitcoin Recirculation Practices

El Salvador’s President Nayib Bukele stated that the nation will not stop hoarding bitcoin after the infamous IMF deal, and the bitcoin office claims it is still purchasing bitcoin. However, statements made by IMF spokespersons indicate that these recent additions are consistent with the stipulations of the deal. So, what’s happening? IMF Hints at Asset … Read more

Latam Insights: El Salvador’s IMF Deal Detailed, Mexican Billionaire Goes Hard on Bitcoin

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the IMF reveals the fine print of its credit facility deal with El Salvador, Ricardo Salinas is 70% invested in bitcoin, and the Libra probe advances in Argentina. Bukele’s IMF … Read more

Unkept Promises: Developer Leaves El Salvador After Change in Bitcoin Stance

Andreas Kohl, a bitcoiner who moved to El Salvador three years ago, has decided to leave the country due to the new direction taken by the current administration regarding bitcoin and a series of promises that the government has failed to fulfill. El Salvador Disappoints Bitcoiners With New Policies, Unfulfilled Promises The new stance of … Read more

Bukele’s IMF Deal Controversy: Fine Print on Bitcoin Raises Questions

While the fine print of the IMF credit facility deal states that the public sector will not acquire more bitcoin, El Salvador’s President Nayib Bukele has rejected this notion, asserting that these acquisitions will continue. But who is right? El Salvador’s IMF Credit Deal Fine Print Discussed: Are Bitcoin Purchases Forbidden? Controversy has arisen over … Read more