Latest News and Articles about IMF
El Salvador’s Bitcoin Adoption Boosts Tourism by 22% in 2024
El Salvador’s Tourism Surges Amid Bitcoin Adoption El Salvador has witnessed a significant increase in tourism following its groundbreaking adoption of Bitcoin as legal tender, with 3.9 million tourists visiting in 2024, marking a 22% rise from the previous year. 3.9 million tourists in 2024 (22% increase) Improved security and construction boom IMF agreement imposes […]
Read MoreIMF Urges Kenya to Regulate Crypto, Appoints Marathon Digital for Guidance
IMF Urges Kenya to Establish Clear Crypto Regulations to Tackle AML/CFT Risks The International Monetary Fund (IMF) has called on Kenya to develop a comprehensive regulatory framework for cryptocurrencies to address rising risks associated with Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT). This push for regulation comes as Kenya appoints Marathon Digital, […]
Read MoreEl Salvador’s 6,000 BTC Reserves Defy IMF: A Crypto Nation’s Bold Leap Forward
El Salvador’s Bitcoin Boldness: 6,000 BTC Strong Despite IMF Scrutiny El Salvador’s embrace of Bitcoin continues to make waves, with the nation’s reserves now soaring past 6,000 BTC. This bold statement, despite International Monetary Fund (IMF) skepticism, cements El Salvador’s position as a trailblazer in cryptocurrency adoption and ignites a debate about the future of […]
Read MoreEl Salvador Defies IMF with Bold Bitcoin Strategy, Eyes 20,000 BTC Reserves
El Salvador’s Bold Bitcoin Bet Amid IMF Constraints El Salvador has once again made headlines with its audacious cryptocurrency strategy, significantly ramping up Bitcoin purchases and pushing its reserves to over $574 million. This comes shortly after securing a IMF loan agreement terms with El Salvador 2023 for $1.4 billion, which ironically demands a scaled-back […]
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