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Home»ETHEREUM NEWS»The IMF says that Efforts will continue to keep El Salvador from accumulating more BTCs.
ETHEREUM NEWS

The IMF says that Efforts will continue to keep El Salvador from accumulating more BTCs.

By Crypto FlexsMay 27, 20252 Mins Read
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The IMF says that Efforts will continue to keep El Salvador from accumulating more BTCs.
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The International Monetary Fund (IMF) said that “efforts will continue” to check the total amount of Bitcoin on Tuesday.

The El Salvador government has no change.

In March, El Salvador agreed to receive a $ 3.5 billion loan package with the IMF. For example, Cryptocurrency has officially lost its status with legal bidding. In other words, the seller no longer needs to accept a call.

According to the IMF, one of the conditions of the package was the ban on “voluntary accumulation of Bitcoin by the public sector.” Theoretically, it should mean that if the government’s government wants to keep up with the loan program, the BUKELE government cannot accumulate Bitcoin.

Nevertheless, El Salvador has continued to buy more Bitcoin with this transaction condition and obvious contradictions. On March 4, the Salvador government had 6,101.15 Bitcoin in the official wallet. At the time of writing, this number rose to 6,189.18 Bitcoin.

NAYIB BUKELE SALVADORAN chairman was posted on X on March 4. “If the world and most ‘bitcoiner’ did not stop when we abandon us, we will not stop now and will not stop in the future.”

The IMF does not seem to recognize contradictions or frictions in a note. In fact, the program achievements were strong and the main accounting and preliminary goals were met.

“IMF employees are grateful to the Salvadora authorities for great cooperation and constructive discussions,” the report said.

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