IMF Warns El Salvador to Halt Bitcoin Purchases Amidst Controversial Policy

In a concerning development, President Nayib Bukele of El Salvador defied the International Monetary Fund (IMF) by purchasing additional Bitcoin, raising the nation’s holdings to 6,100 BTC. This purchase follows President Bukele’s earlier announcement on March 3rd, 2025, further challenging IMF recommendations made in San Salvador. Concerns over El Salvador’s compliance with previous agreements have led to heightened scrutiny from the international financial community. ]