IMF Urges El Salvador to Halt Bitcoin Purchases
The International Monetary Fund (IMF) will strive to ensure “guarantees” that El Salvador’s government bitcoin reserves remain unchanged. The organization announced that staff-level agreements have been reached for extended state financing. The IMF’s stance contradicts the efforts of the country’s president, Nayib Bukele, to increase the number of coins held. In 2024, the parties reached […]