IMF Asks El Salvador to Narrow Scope of Bitcoin Law, Limit Public Exposure

IMF Asks El Salvador to Narrow Scope of Bitcoin Law, Limit Public Exposure

ByNews Polite

The International Monetary Fund (IMF) has reiterated its concerns about El Salvador’s extensive engagement with Bitcoin. The topic was addressed by IMF spokesperson Julie Kozack during a press conference on Thursday. The organisation has been consistent in cautioning the country about the risks of crypto activity given the volatile nature…

El Salvador Doubles Down on Bitcoin Strategy, Set to Upskill Over 80,000 Civil Servants

El Salvador Doubles Down on Bitcoin Strategy, Set to Upskill Over 80,000 Civil Servants

ByNews Polite

El Salvador is preparing to upskill thousands of its civil servants as part of a drive aimed at making the government’s workforce more familiar with Bitcoin-related technology. Over 80,000 Salvadoran civil servants will be trained in efficiently using Bitcoin technology. Upon completion of the training, these officials will be provided…

El Salvador Doubles Down on Bitcoin Strategy, Set to Upskill Over 80,000 Civil Servants

El Salvador to Set Up ‘National Bitcoin Office’: All You Need to Know

ByNews Polite

El Salvador has announced that all Bitcoin related projects, emerging in the country, will now be under the oversight of a newly established body. The government of the central American nation has announced the creation of a ‘National Bitcoin Office’, or ONBTC, that will operate as a dedicated administrative unit…

El Salvador Moves Closer Towards Raising Billion Through First Bitcoin Volcano Bonds

El Salvador Moves Closer Towards Raising $1 Billion Through First Bitcoin Volcano Bonds

ByNews Polite

El Salvador appears to be a step closer to issuing its Bitcoin Bond as President Nayib Bukele’s administration has released a digital securities bill for the bond to lawmakers. The island nation also plans to legalise all crypto assets under the new law. The Bitcoin Volcano Bond aims to draw…