HomeBlockchainEl Salvador has bought 240 Bitcoin for the reason that IMF Nichtakumulation...

El Salvador has bought 240 Bitcoin for the reason that IMF Nichtakumulation contract

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El Salvador, the primary country worldwide, which takes Bitcoin as a legal offer, further bought the cryptocurrency despite a loan agreement of 1.4 billion US dollars with the International Monetary Fund (IMF), which contained provisions that contained further accumulation.

The government's financial letter bag currently has 6,209 Bitcoin (BTC) after adding 240 BTC since December 19, 2024, after the IMF deal has been announced, as has been announced from El Salvador's Bitcoin office.

In December, El Salvador concluded a contract with the IMF for a loan of 1.4 billion US dollars, whereby the federal government lost Bitcoin's status as a statutory tendering process and hiring its public BTC accumulation.

Nevertheless, the country continued to purchase a BTC per day, a method that was introduced by President Nayib Bukele in 2022.

El Salvador Bitcoin Holdings. Source: El Salvador Bitcoin office

When asked in regards to the purchases, Rodrigo Valdes, director of the IMF Hemisphere Department for Western Hemisphere, said that the country was technically compliant. “El Salvador also corresponds to their commitment to the non -Akcumulation of Bitcoin by the general economic sector,” said Valdes in a news of April twenty sixth.

Others indicate the “flexible” interpretation of the IMF deal as the important thing to El Salvador continued acquisitions.

“The” flexible interpretation “of the IMF suggests that purchases may not contain public firms or approved assets and maintain technical compliance,” said Anndy Lian, creator and intergovernmental blockchain consultant, said CoinTelegraph and added that this “Alternative approach can acquire its Bitcoin-rabied picture.

Crypto transfers drop in 2025

While the Bitcoin accumulation of El Salvador appears untouched, the transfer of cryptocurrency fell into the country in 2025.

The cryptocurrency transmission to Salvadorani pockets fell 44.5% in the primary quarter of the 12 months in comparison with the identical period last 12 months. According to the Central Reserve Bank, which was shared by Diario, an area media news.

The crypto transfer payments fell from 2025 to 16 million US dollars in the primary quarter, which corresponds to 0.52% of the transfers received within the country. A decrease of $ 12.8 million in comparison with $ 28.3 million in the primary quarter of 2024, as crypto payments made 1.08% of the entire transfers.

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