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Last updated: June 16, 2025, 17:27  |  Written by: Meltem Demirors

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El Salvador’s crypto dream falters under IMF pressure

El Salvador prepares to launch bitcoin bond: ‘If this fails, a lot of

Economist claims El Salvador’s Bitcoin Bonds ‘are dead’; Here’s Why

El Salvador President Nayib Bukele

El Salvador’s recent $1.4 billion bailout by the International Monetary Fund (IMF) aimed to cut short President Nayib Bukele’s unwieldy cryptocurrency goals and their toll

The lesson of El Salvador’s failed Bitcoin experiment

El Salvador President Nayib Bukele seeks to raise about $1 billion from Bitcoin bonds, also known as ‘volcano bonds’, to further advance the nation’s digital asset

Analysts And Creditors Fret That

What Happened to the Bitcoin Bonds Promised by

Analysts and creditors fret that El Salvador will be unable to service its debt, including around $667m due in January. In order to reassure markets that it would avoid a

This, in turn, caused El Salvador’s government bonds to tumble, raising doubts about the country’s ability to meet its next debt payment. Even then, the IMF, which

El Salvador’s bitcoin experiment is not paying off - The Economist

Bitcoin News: El Salvador's Volcano Bonds 'Dead' After

The IMF Is Bailing Out El Salvador. It Shouldn’t Be So Lenient on

Six Months After El Salvador

Six months after El Salvador became the first country to make bitcoin legal tender, the government is scrambling for funds to repay and refinance expiring debt. Its

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