Bukele Denies El Salvador Transferred Strategic Bitcoin Reserves
21 Articles
21 Articles
Through his X account, Bukele rejected the interpretations that pointed to a possible transfer of the state’s digital assets. “The only thing that was transferred was Chivo’s shares (...) and NOT Bitcoin’s Strategic Reserve,” the president said.
The IMF plan requires El Salvador to reduce the bitcoin experiment, which made it a favorite of the cryptocurrency industry and a curiosity in world finance.
Bukele Denies El Salvador Transferred Its Bitcoin Reserve
President Nayib Bukele denied claims that El Salvador was ceding control of its strategic bitcoin reserve to a private operator, calling these allegations “totally false.” Bukele stressed that only Chivo Wallet shares were transferred to a private operator, not the BTC the nation owns. Bukele Denies El Salvador Transferred Its Bitcoin Reserve to a […]
El Salvador's President Nayib Bukele has denied a report by El País claiming the government has transferred control of its state Bitcoin reserves, exceeding 7,763 BTC, to a private operator. Bukele's objection is based on an interpretation of statements made by the International Monetary Fund (IMF) regarding El Salvador. According to the IMF, the entity in which a majority stake and operational control have been transferred to a private operator…
The president of El Salvador, Nayib Bukele, rejected the versions that pointed out that the government would have transferred the strategic reserves of bitcoin of the country to a private operator, amid the commitments made to the International Monetary Fund (IMF). Through its social networks, the president said that the operation questioned corresponds [...] The entry Bukele discards transfer of the reserves of bitcoin of El Salvador to private…
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
