El Salvador Boosts Bitcoin Reserves Despite IMF Deal

Reported about 10 hours ago

El Salvador has announced the purchase of additional bitcoin, bringing its strategic reserve above 6,102 coins, just days after the IMF approved a $1.4 billion program that implies stricter limits on cryptocurrency use. While the government's commitment to halt further bitcoin accumulation at the public sector level is in line with IMF conditions, there remains uncertainty regarding how these acquisitions might impact government exposure to cryptocurrencies.

Source: YAHOO

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