El Salvador Defies IMF Pressure, Buys More Bitcoin

El Salvador’s unwavering commitment to Bitcoin has once again been put to the test as the country continues to defy pressure from the International Monetary Fund (IMF). Despite the IMF’s calls for restraint on Bitcoin adoption, President Nayib Bukele’s administration recently purchased more Bitcoin, underscoring their determination to forge ahead with a blockchain-centric economic strategy. This bold move has sparked intense global debate surrounding financial autonomy and the role of cryptocurrency in modern economies.