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Tag: BITCOIN MINING

Business / economics

The Decline of El Salvador’s Cryptocurrency Vision

March 5, 2025March 5, 2025 - by Sofia Nawab - Leave a Comment

El Salvador has reversed its cryptocurrency laws that made bitcoin legal tender as part of a deal for a $1.4 billion loan from the IMF. The reversal allows businesses to …

The Decline of El Salvador’s Cryptocurrency Vision Read More
Business / economics

El Salvador’s Commitment to Bitcoin Persists Despite IMF Restrictions

March 5, 2025March 5, 2025 - by Allegra Nguyen - Leave a Comment

El Salvador’s President Nayib Bukele asserts that the country will maintain its Bitcoin purchases despite an IMF deal that forbids new acquisitions. The recent agreement includes restrictive measures on Bitcoin …

El Salvador’s Commitment to Bitcoin Persists Despite IMF Restrictions Read More
Business / Companies

Latam Insights: IMF Approves El Salvador BTC Restrictions and Brazil’s BRICS Plans

March 5, 2025March 5, 2025 - by Marcus Chen - Leave a Comment

This week, the IMF approved a $1.4 billion credit facility for El Salvador, stipulating limits on bitcoin usage by the government. Brazil announced its plan to develop secure payment systems …

Latam Insights: IMF Approves El Salvador BTC Restrictions and Brazil’s BRICS Plans Read More
Business

El Salvador Increases Bitcoin Holdings to 6,000 Units, Valued at $569 Million

March 5, 2025March 5, 2025 - by Liam Nguyen - Leave a Comment

El Salvador has successfully increased its Bitcoin reserves to over 6,000 coins, valued at $569 million, marking a 108% increase in investment. This move reaffirms Bitcoin as the country’s main …

El Salvador Increases Bitcoin Holdings to 6,000 Units, Valued at $569 Million Read More
Business / Companies

Hochschild Mining Disposes of Two Peruvian Assets for Strategic Focus

March 5, 2025March 5, 2025 - by Marcus Chen - Leave a Comment

Hochschild Mining has sold the Arcata silver mine and Azuca project in Peru to Sierra Caraz. This decision aligns with the company’s strategy to prioritize its core mining operations, including …

Hochschild Mining Disposes of Two Peruvian Assets for Strategic Focus Read More
Business / Companies

El Salvador’s Committed Bitcoin Purchases Amid IMF Pressure

March 5, 2025March 5, 2025 - by Sofia Nawab - Leave a Comment

El Salvador continues to purchase Bitcoin daily, with President Nayib Bukele openly defying IMF pressures to halt the program. Despite IMF stipulations as part of a loan agreement, Bukele insists …

El Salvador’s Committed Bitcoin Purchases Amid IMF Pressure Read More
Business

Trump’s Initiative Boosts US Cryptocurrency Market Through Strategic Reserve

March 5, 2025March 5, 2025 - by Carmen Mendez - Leave a Comment

President Donald Trump announced a Crypto Strategic Reserve, boosting prices of Bitcoin, Ethereum, XRP, Solana, and Cardano. This initiative aims to rejuvenate the cryptocurrency sector amid previous administration’s challenges and …

Trump’s Initiative Boosts US Cryptocurrency Market Through Strategic Reserve Read More
Business / Companies

El Salvador Upholds Bitcoin Purchases Despite IMF Pressure

March 5, 2025March 5, 2025 - by Allegra Nguyen - Leave a Comment

El Salvador continues to buy Bitcoin regardless of the IMF’s request to cease purchases. President Nayib Bukele firmly stated that the country will persist in accumulating Bitcoin. The government maintains …

El Salvador Upholds Bitcoin Purchases Despite IMF Pressure Read More
Companies

Calibre Mining Merges with Equinox Gold Amid Nicaraguan Mining Expansion

March 5, 2025March 5, 2025 - by Marcus Chen - Leave a Comment

Calibre Mining Co. has merged with Equinox Gold, forming New Equinox Gold and aiming for significant gold production by 2025. The merger will not change day-to-day operations. Meanwhile, Nicaragua has …

Calibre Mining Merges with Equinox Gold Amid Nicaraguan Mining Expansion Read More
Business / economics

El Salvador’s Commitment to Bitcoin Purchases Amid IMF Pressure

March 4, 2025March 4, 2025 - by Liam Nguyen - Leave a Comment

El Salvador continues its Bitcoin purchase strategy, as President Bukele confirms the government’s refusal to comply with the IMF’s request to stop buying Bitcoin. The nation maintains a strategy of …

El Salvador’s Commitment to Bitcoin Purchases Amid IMF Pressure Read More

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