by: xpoolPosted on:

El Salvador’s Bitcoin Strategy Defies IMF Conditions

Despite receiving criticism from the International Monetary Fund (IMF), El Salvador is continuing its Bitcoin investment strategy. The nation recently purchased an additional 7 Bitcoin for over $650 last week, shortly after the IMF issued conditions on their $1.4 billion loan to El Salvador. While the IMF claimed compliance with these conditions, El Salvador maintains its commitment to Bitcoin adoption, defying the fund’s statements that the country has halted purchases of the cryptocurrency.

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