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Head of the Salvadoran Bitcoin Office: The official Bitcoin wallet Chivo will be sold or discontinued following an agreement with international monetary funds. Bitcoin will continue to be used as legal tender in El Salvador. El Salvador will continue to buy Bitcoin, possibly at a faster rate, as its strategic reserve.
Julie Kozack, spokeswoman for the international monetary fund, said it was "too early" to speculate on the potential impact of US President-elect Donald Trump's tax cuts and other policies after seeing details of them. Speaking at her first regular press conference since the November 5 election, Kozack said Trump's economic plan was not yet in shape, given that he will take office on January 20, 2025. "To a large extent, the exact impact of these policies will depend on the details, which is why...
International monetary fund: downgraded the forecast for U.S. real GDP growth in 2024 to 2.6% from 2.7% in April.
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