Crypto politics: Bukele, Milei, and Trump lead the charge
El Salvador, Argentina, and the U.S. are emerging as key players in the global crypto landscape. Leaders Nayib Bukele, Javier Milei, and Donald Trump are pushing for greater adoption despite resistance from institutions like the IMF.
El Salvador has increased its daily Bitcoin purchases despite pressure from the International Monetary Fund (IMF), now holding approximately 6,111 Bitcoins. In December 2024, the Salvadoran government and the IMF agreed to a $1.4 billion loan to “support the government’s reform agenda,” part of a broader financing package exceeding $3.5 billion over a 40-month period.
These agreements also highlight “potential risks” associated with Bitcoin, stating that the Salvadoran “project will be…
