IMF Confirms El Salvador Complying With Plan To Move Away From Bitcoin Despite BTC Accumulation

Description

An official from the International Monetary Fund (IMF) has confirmed that El Salvador is complying with an agreement to back away from using Bitcoin ( BTC ) as a reserve asset. In a new press briefing , the IMF addresses a question from financial software company Ion Group asking how El Salvador is still accumulating BTC despite agreeing to stop making any more purchases as part of a loan agreement. El Salvador President Nayib Bukele pushed back against those conditions earlier this year, saying...