IMF Confirms El Salvador Is Not Buying More Bitcoin—Just Shuffling Wallets
Description
The International Monetary Fund has drawn a sharp line under the latest bout of speculation over El Salvador’s Bitcoin strategy, telling reporters that the Central American nation has not added to its sovereign stash. Apparent increases in the Strategic Bitcoin Reserve Fund (SBRF), the IMF said, merely reflect “movements across various government-owned wallets” and leave the country’s overall position unchanged. Is El Salvador Just Shuffling Bitcoin Wallets? IMF Communications Director Julie Koz...
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