Following the launch of the bond buyback of El Salvador’s external debt, announced last Friday by President Nayib Bukele, Santander Corporate & Investment Banking, the business division of the Spanish bank Santander, described the offer as “very ambitious.” In a report titled “El Salvador: willingness to pay” that was shared by Bukele in Xanalysts at … Read more
Mow warns about the pressure that El Salvador is receiving to limit the use of bitcoin. The United States could adopt BTC in its reserves, which would incentivize other countries. The statements of Julie Kozack, representing the International Monetary Fund (IMF), caused controversy in the Bitcoin (BTC) community last week. This was when he suggested … Read more
Offers may be applied to bonds with a maturity date between 2027 and 2052. This is a public and voluntary buyback, highlighted the Salvadoran head of state. El Salvador announced that from October 4 to October 10, holders of El Salvador bonds, with maturities between 2027 and 2052, will be able to make offers to … Read more
IMF spokesperson Julie Kozack calls for reducing public sector exposure to bitcoin. The organization considers the 2025 budget proposal to be “a good step.” When everything seemed to indicate that the International Monetary Fund (IMF) and Nayib Bukele’s government had ironed out differences in relation to the adoption of bitcoin (BTC) in El Salvador, there … Read more
Key facts: Politicians and banks around the world are being called upon to do more to increase CBDC adoption. The proposal includes offering profits and even making their use mandatory through new laws. By implementing a series of strategies aimed at preventing people from rejecting central bank digital currencies (CBDC), the International Monetary Fund has … Read more