Global #El Salvador

The International Monetary Fund (IMF) confirmed on Tuesday that it is maintaining active discussions with El Salvador regarding its Bitcoin initiatives, specifically focusing on fiscal transparency and risk mitigation.

El Salvador, under the leadership of pro-bitcoin President Nayib Bukele, executed its largest single-day Bitcoin purchase on Monday evening, acquiring 1,090 BTC (worth approximately $100 million at the time).

My First Bitcoin, a prominent non-profit that offered free Bitcoin education and a "Bitcoin Diploma" to over 27,000 students, has closed its local operations in El Salvador and ended its partnership with the Ministry of Education as of April 2025.

El Salvador, the first country to adopt Bitcoin as legal tender in 2021, has significantly revised its cryptocurrency framework by 2025.

El Salvador is expanding its national reserves beyond Bitcoin, as the country's central bank recently acquired a significant amount of gold.

El Salvador has made its first gold purchase in 35 years, buying 13,999 ounces (397 kg) of gold for $50 million.

Rumors are swirling online that El Salvador might be preparing to sell its substantial Bitcoin holdings.

El Salvador is set to host Bitcoin Histórico, the world's first government-sponsored Bitcoin conference, in San Salvador on November 12-13.

Prediction markets are buzzing with speculation about the value of El Salvador's Bitcoin holdings, with growing odds that the country's treasury will reach a valuation of $1 billion by the end of 2025.

El Salvador has increased its national Bitcoin reserves by eight coins over the last week, raising its total holdings to 6,277.18 BTC.

As of January 2025, governments across the globe collectively hold around 471,000 Bitcoin (BTC), valued at over $16.37 billion. This represents 2.5% of the total Bitcoin supply.

El Salvador has passed a new law that allows large financial institutions to offer Bitcoin and other digital asset services to wealthy investors.