El Salvador Stops Bitcoin Buys Amid IMF Loan Scrutiny

El Salvador Stops Bitcoin Buys Amid IMF Loan Scrutiny

El Salvador has reportedly suspended Bitcoin (BTC) acquisitions since entering into a $1.4 billion loan agreement with the International Monetary Fund (IMF) in December 2024, directly contradicting claims made by the country's Bitcoin Office, according to a recent IMF report. The IMF disclosed on Tuesday that the Salvadoran government has not increased its Bitcoin reserves following the signing of the loan deal. The report specifically noted ...

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