Marshall Islands launches universal basic income program using digital wallet

El Salvador has announced the purchase of 1,090 BTC, valued at over $100 million, amidst ongoing discussions regarding its International Monetary Fund (IMF) loan program. This acquisition raises concerns about the country's commitment to Bitcoin and the potential fiscal risks associated with its cryptocurrency investments. The government continues to assert its strategy of integrating Bitcoin into its national treasury despite external pressures.

El Salvador has announced the purchase of 1,090 BTC valued at over $100 million, raising concerns regarding its commitment to the International Monetary Fund (IMF) loan program. This acquisition comes amid ongoing discussions about the risks associated with Bitcoin exposure and fiscal stability. The move reflects the government's strategy to bolster its national Bitcoin treasury despite market fluctuations.

El Salvador has added nearly 1,100 BTC to its strategic reserve, demonstrating its commitment to cryptocurrency amidst market fluctuations. This acquisition comes as Bitcoin prices drop below $90,000, reflecting a strategic move by the government led by President Bukele. The purchase is part of the country's ongoing efforts to bolster its national bitcoin treasury, which now approaches $100 million.

El Salvador has purchased 1,090 BTC as the cryptocurrency market experiences a decline, with Bitcoin trading below $90,000. This acquisition adds nearly $100 million to the country's national bitcoin treasury, reflecting the government's ongoing commitment to cryptocurrency despite external pressures from the International Monetary Fund (IMF). The move is seen as a strategic investment in the face of fluctuating market conditions.