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by: xpoolPosted on: April 30, 2025

El Salvador Buries IMF Warnings, Continues Daily Bitcoin Purchases

Despite direct warnings from the International Monetary Fund (IMF), El Salvador has defied its loan conditions by continuing daily purchases of Bitcoin. Economic Minister Maria Luisa Hayem confirmed this action, raising concerns about potential breaches of a $1.4 billion loan agreement. 6,100 BTC – worth over $570 million based on current market prices – already fuels El Salvador’s efforts in this direction.

Related posts:

  1. El Salvador Buffs Bitcoin Holdings Despite Market Fluctuations
  2. El Salvador’s Bitcoin Service Providers Struggle for Operational Success
  3. El Salvador’s Unwavering Bitcoin Purchase: Challenging IMF Agreements
  4. El Salvador Steadfast in Bitcoin Purchases Despite IMF Loan Agreement
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