IMF Puts Brakes on El Salvador’s Bitcoin Frenzy
El Salvador President Nayib Bukele said his government will continue buying Bitcoin despite the IMF’s latest ask for it to stop.
The IMF has issued stricter rules to curtail El Salvador's investment in Bitcoin as conditions for the country's $1.4 billion loan.
The IMF continues to expand arrangements under its $1.4 billion deal with El Salvador, seeking to restrict Bitcoin purchases by the public sector.
President Bukele reaffirmed that El Salvador Bitcoin Accumulation will continue despite recent information regarding IMF conditions for granting a $1.4 billion loan.
El Salvador’s President Nayib Bukele said his government would continue to buy Bitcoin even after inking a deal with the International Monetary Fund that was expected to halt accumulation of the digital currency.
El Salvador isn’t backing down from Bitcoin just yet. Despite agreeing to an International Monetary Fund (IMF) loan deal that restricts
El Salvador's recent purchase of 13 BTC in the last week has garnered attention, especially in light of its ongoing negotiations with the IMF. Despit
El Salvador Purchases 13 BTC in the Previous Week even after IMF Agreement El Salvador has added 13 Bitcoin to its reserves in the last wee
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