Geopolitics

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Geopolitics
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Bukele Denies Report on Transfer of El Salvador’s Bitcoin Reserves

El Salvador President Nayib Bukele rejected an El País report alleging the government transferred control of over 7,763 BTC in state reserves to a private operator. Bukele clarified that recent IMF statements concerning ownership and operational control pertain to the government-backed Chivo wallet, not the country's strategic Bitcoin holdings. The IMF confirmed that ownership of the Chivo wallet remains with the government, emphasizing state control over Bitcoin assets. El Salvador became the f
BTC0.18%
EthanBrooks·8h ago
Bukele Denies Report on Transfer of El Salvador’s Bitcoin Reserves

IMF Confirms El Salvador Used No Public Funds for Bitcoin Purchases

The International Monetary Fund (IMF) confirmed that the El Salvador government did not use public funds to acquire additional Bitcoin (BTC), with recent purchases funded entirely through private donations. On local time day 3, the IMF announced it reached staff-level agreement with El Salvador on t
BTC0.18%
CryptoFrontier·09-04 19:23
IMF Confirms El Salvador Used No Public Funds for Bitcoin Purchases