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El Salvador Bends IMF Rules to Continue Buying Bitcoin: What Secrets Are Behind?
Despite being closely monitored by the International Monetary Fund (IMF), El Salvador continues its strategy of accumulating Bitcoin quietly, asserting its determination to pursue the crypto path even amidst increasing international financial pressure.
El Salvador's Bitcoin continues to rise.
In the past month, #ElSalvador purchased an additional 32 Bitcoin, bringing the total holdings to 6,161.18 BTC, with an estimated value of approximately 584 million USD. This move comes as the IMF begins its first review related to the country's fiscal reform and economic stabilization program.
El Salvador's Bitcoin continues to rise.
In the past month, #ElSalvador purchased an additional 32 Bitcoin, bringing the total holdings to 6,161.18 BTC, with an estimated value of approximately 584 million USD. This move comes as the IMF begins its first review related to the country's fiscal reform and economic stabilization program.
**🚨 BIG NEWS El Salvador Keeps Buying Bitcoin Even After IMF Warning 🚨**
El Salvador’s government says it **WILL NOT STOP** buying Bitcoin #BTC even though the IMF International Monetary Fund told them to 💪
**Quick Facts**
✅ **Says NO to IMF** The Economy Minister announced they will keep buying Bitcoin calling it a **long term investment** for the country
✅ **New Bitcoin Added** Bought 8 more BTC this week Total now **6162 BTC** worth ~$370 million
✅ **Worlds First** Still the **only country** where Bitcoin is official money since 2021
**Why This Matters**
El Salvador is betting BIG on Bitcoins future even when big organizations like the IMF disagree Will other countries follow 🌍
**People Are Saying**
🔥 **El Salvador is HODLing harder than anyone**
💬 **#IMF vs $BTC
– Who is right**
**What Do YOU Think**
👉 **Should countries buy Bitcoin like El Salvador**
👉 **Or is the IMF correct to be cautious**
**Like ❤️ Comment 💬 Share 🔗** to join the debate
El Salvador’s government says it **WILL NOT STOP** buying Bitcoin #BTC even though the IMF International Monetary Fund told them to 💪
**Quick Facts**
✅ **Says NO to IMF** The Economy Minister announced they will keep buying Bitcoin calling it a **long term investment** for the country
✅ **New Bitcoin Added** Bought 8 more BTC this week Total now **6162 BTC** worth ~$370 million
✅ **Worlds First** Still the **only country** where Bitcoin is official money since 2021
**Why This Matters**
El Salvador is betting BIG on Bitcoins future even when big organizations like the IMF disagree Will other countries follow 🌍
**People Are Saying**
🔥 **El Salvador is HODLing harder than anyone**
💬 **#IMF vs $BTC
– Who is right**
**What Do YOU Think**
👉 **Should countries buy Bitcoin like El Salvador**
👉 **Or is the IMF correct to be cautious**
**Like ❤️ Comment 💬 Share 🔗** to join the debate
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🇸🇻 El Salvador Prioritizes Bitcoin Despite IMF Warning
📢 El Salvador continues its strategic accumulation of #Bitcoin, even after the IMF urged a pause due to conditions tied to a $1.4B loan agreement.
🔥 Economic officials reaffirmed the government's commitment to BTC as part of its long-term financial vision — highlighting confidence in its crypto-first strategy.
#ElSalvador #Bitcoin #CryptoAdoption #IMF #DigitalAssets
📢 El Salvador continues its strategic accumulation of #Bitcoin, even after the IMF urged a pause due to conditions tied to a $1.4B loan agreement.
🔥 Economic officials reaffirmed the government's commitment to BTC as part of its long-term financial vision — highlighting confidence in its crypto-first strategy.
#ElSalvador #Bitcoin #CryptoAdoption #IMF #DigitalAssets
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El Salvador will continue to buy Bitcoin despite having an agreement with the IMF
According to Odaily, El Salvador's Minister of Economy, Maria Luisa Hayem, announced at the Web Conference in Rio de Janeiro that the government will continue to buy Bitcoin despite having a loan agreement with the International Monetary Fund (IMF) that includes a clause to stop further purchases of Bitcoin. In a live broadcast, Hayem stated that President Nayib Bukele has committed to continue accumulating this cryptocurrency. El Salvador's Bitcoin office reported that the country purchased an additional 8 Bitcoin in the past week, bringing the national reserve total to 6,162.18 Bitcoin.
#BTC #IMF
According to Odaily, El Salvador's Minister of Economy, Maria Luisa Hayem, announced at the Web Conference in Rio de Janeiro that the government will continue to buy Bitcoin despite having a loan agreement with the International Monetary Fund (IMF) that includes a clause to stop further purchases of Bitcoin. In a live broadcast, Hayem stated that President Nayib Bukele has committed to continue accumulating this cryptocurrency. El Salvador's Bitcoin office reported that the country purchased an additional 8 Bitcoin in the past week, bringing the national reserve total to 6,162.18 Bitcoin.
#BTC #IMF
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El Salvador continues its Bitcoin strategy while maintaining the agreement with the IMF
The cryptocurrency market has just received an encouraging signal: The International Monetary Fund (#IMF ) confirmed that El Salvador is still adhering to the agreement not to accumulate Bitcoin through the fiscal sector. However, at the same time, President Nayib Bukele recently affirmed that the country continues its strategy of buying Bitcoin through a consistent DCA method every day.
This indicates that it is likely that #ElSalvador has found a flexible approach to purchasing Bitcoin without violating the financial commitment criteria with the IMF. Although some details remain unclear, this development shows that the El Salvador government has not given up on its long-term faith in Bitcoin, and is even skillfully maintaining both its international financial position and crypto investment strategy.
Conclusion: In the context of a globally volatile financial market, the fact that a country continues to accumulate Bitcoin sustainably reinforces the belief that digital assets will play an increasingly important role in the long term. #anhbacong
The cryptocurrency market has just received an encouraging signal: The International Monetary Fund (#IMF ) confirmed that El Salvador is still adhering to the agreement not to accumulate Bitcoin through the fiscal sector. However, at the same time, President Nayib Bukele recently affirmed that the country continues its strategy of buying Bitcoin through a consistent DCA method every day.
This indicates that it is likely that #ElSalvador has found a flexible approach to purchasing Bitcoin without violating the financial commitment criteria with the IMF. Although some details remain unclear, this development shows that the El Salvador government has not given up on its long-term faith in Bitcoin, and is even skillfully maintaining both its international financial position and crypto investment strategy.
Conclusion: In the context of a globally volatile financial market, the fact that a country continues to accumulate Bitcoin sustainably reinforces the belief that digital assets will play an increasingly important role in the long term. #anhbacong
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El Salvador Fearlessly Challenges IMF Agreement, Accelerates Its Bitcoin Acquisition Process
Recently, despite the International Monetary Fund (IMF) stating that El Salvador is complying with its $1.4 billion low-interest loan agreement and halting the accumulation of Bitcoin in the public sector, on-chain data shows that this Central American country has quietly increased its Bitcoin reserves.
Rodrigo Valdes, the Director of the IMF’s Western Hemisphere Department, stated at a press conference on April 26 that El Salvador is adhering to the mutually agreed policy of not accumulating Bitcoin (BTC), while emphasizing the positive progress the country has made in governance and transparency.
Although the fiscal reforms mentioned by the IMF could bring over $3.5 billion in fiscal assistance to El Salvador, this has not deterred the country from continuing its engagement in the cryptocurrency space.
Just a month ago, the national Bitcoin office of El Salvador revealed that the government had increased its holdings by an additional 31 Bitcoins and recently purchased 8 more, bringing its total holdings to 6,159 Bitcoins, with a market value exceeding $580 million. All this indicates that El Salvador has not paused its Bitcoin activities.
Interestingly, Stacy Herbert, head of the national Bitcoin office, emphasized that El Salvador is leveraging this technology to stay ahead and continue expanding its strategic Bitcoin reserves. She mentioned that this first-mover advantage is crucial for the country's future in the cryptocurrency space.
Moreover, this enthusiasm for emerging technologies is attracting the attention of the international community; for example, the stablecoin issuer Tether recently relocated its headquarters to El Salvador, praising the country's favorable regulatory environment.
In addition, El Salvador has also reached a cooperation intention with Nvidia to develop its own artificial intelligence infrastructure. This further solidifies El Salvador's position as a burgeoning innovation hub in Latin America.
In summary, despite facing pressure from the International Monetary Fund, El Salvador is actively exploring and promoting its cryptocurrency policies and technological innovations, making us optimistic about the future of this small nation.
Do you think El Salvador's strategy of "officially complying with the agreement while quietly making strategic moves" is a smart play or a risky maneuver?
What impacts might this ongoing acquisition strategy have on the global economic landscape and the cryptocurrency market?
#萨尔瓦多 #比特币 #IMF #加密货币
Recently, despite the International Monetary Fund (IMF) stating that El Salvador is complying with its $1.4 billion low-interest loan agreement and halting the accumulation of Bitcoin in the public sector, on-chain data shows that this Central American country has quietly increased its Bitcoin reserves.
Rodrigo Valdes, the Director of the IMF’s Western Hemisphere Department, stated at a press conference on April 26 that El Salvador is adhering to the mutually agreed policy of not accumulating Bitcoin (BTC), while emphasizing the positive progress the country has made in governance and transparency.
Although the fiscal reforms mentioned by the IMF could bring over $3.5 billion in fiscal assistance to El Salvador, this has not deterred the country from continuing its engagement in the cryptocurrency space.
Just a month ago, the national Bitcoin office of El Salvador revealed that the government had increased its holdings by an additional 31 Bitcoins and recently purchased 8 more, bringing its total holdings to 6,159 Bitcoins, with a market value exceeding $580 million. All this indicates that El Salvador has not paused its Bitcoin activities.
Interestingly, Stacy Herbert, head of the national Bitcoin office, emphasized that El Salvador is leveraging this technology to stay ahead and continue expanding its strategic Bitcoin reserves. She mentioned that this first-mover advantage is crucial for the country's future in the cryptocurrency space.
Moreover, this enthusiasm for emerging technologies is attracting the attention of the international community; for example, the stablecoin issuer Tether recently relocated its headquarters to El Salvador, praising the country's favorable regulatory environment.
In addition, El Salvador has also reached a cooperation intention with Nvidia to develop its own artificial intelligence infrastructure. This further solidifies El Salvador's position as a burgeoning innovation hub in Latin America.
In summary, despite facing pressure from the International Monetary Fund, El Salvador is actively exploring and promoting its cryptocurrency policies and technological innovations, making us optimistic about the future of this small nation.
Do you think El Salvador's strategy of "officially complying with the agreement while quietly making strategic moves" is a smart play or a risky maneuver?
What impacts might this ongoing acquisition strategy have on the global economic landscape and the cryptocurrency market?
#萨尔瓦多 #比特币 #IMF #加密货币
BREAKING:
U.S. Treasury Secretary Scott Bessent calls out the $IMF and World Bank for "falling short" and not staying true to their mission.
“The IMF must be a brutal truth-teller, not whistling past the graveyard.”
This is a major shift in global financial leadership.
#IMF #WorldBank #GlobalEconomy
U.S. Treasury Secretary Scott Bessent calls out the $IMF and World Bank for "falling short" and not staying true to their mission.
“The IMF must be a brutal truth-teller, not whistling past the graveyard.”
This is a major shift in global financial leadership.
#IMF #WorldBank #GlobalEconomy
𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻 𝗔𝘀𝗸𝘀 𝗖𝗵𝗶𝗻𝗮 𝗳𝗼𝗿 𝗠𝗼𝗿𝗲 𝗠𝗼𝗻𝗲𝘆, 𝗣𝗹𝗮𝗻𝘀 𝗙𝗶𝗿𝘀𝘁 𝗣𝗮𝗻𝗱𝗮 𝗕𝗼𝗻𝗱
➤ Pakistan Wants Bigger Swap Deal:
Pakistan asked China to increase their money swap deal by 10 billion yuan (about $1.4 billion) to have more backup cash for the economy.
➤ What’s a Swap Deal?
It’s like a special agreement where Pakistan can quickly get Chinese money when needed, without always needing dollars.
➤ Pakistan’s First Panda Bond:
Pakistan plans to sell a special loan (Panda Bond) in China’s market soon. This will help Pakistan raise more money directly from Chinese investors.
➤ Why Pakistan Is Doing This:
✔ Pakistan needs more money to keep its economy strong.
✔ It wants to find new partners like China and not just depend on the IMF or World Bank.
➤ IMF Loan Also Coming:
Pakistan is about to get $1.3 billion from the IMF in early May to boost its reserves and stay financially safe.
➤ Tensions With India:
Fights with India over airspace and water-sharing are hurting trade and adding more pressure on Pakistan’s economy.
➤ Pakistan’s Growth Plans:
✔ 3% growth expected by June 2025.
✔ Hoping for 4–5% growth next year.
✔ Aiming for 6% growth in future by finding new money sources.
#IMF
$BTC
$XRP
$SOL
➤ Pakistan Wants Bigger Swap Deal:
Pakistan asked China to increase their money swap deal by 10 billion yuan (about $1.4 billion) to have more backup cash for the economy.
➤ What’s a Swap Deal?
It’s like a special agreement where Pakistan can quickly get Chinese money when needed, without always needing dollars.
➤ Pakistan’s First Panda Bond:
Pakistan plans to sell a special loan (Panda Bond) in China’s market soon. This will help Pakistan raise more money directly from Chinese investors.
➤ Why Pakistan Is Doing This:
✔ Pakistan needs more money to keep its economy strong.
✔ It wants to find new partners like China and not just depend on the IMF or World Bank.
➤ IMF Loan Also Coming:
Pakistan is about to get $1.3 billion from the IMF in early May to boost its reserves and stay financially safe.
➤ Tensions With India:
Fights with India over airspace and water-sharing are hurting trade and adding more pressure on Pakistan’s economy.
➤ Pakistan’s Growth Plans:
✔ 3% growth expected by June 2025.
✔ Hoping for 4–5% growth next year.
✔ Aiming for 6% growth in future by finding new money sources.
#IMF
$BTC
$XRP
$SOL
🚨 BREAKING: US Treasury Secretary Scott Bessent reveals Trump's intent to reconstruct the IMF and World Bank.
🌐 Major global financial shift on the horizon?
#IMF #WorldBank #Trump #GlobalFinance #USPolitics
🌐 Major global financial shift on the horizon?
#IMF #WorldBank #Trump #GlobalFinance #USPolitics
California Becomes World’s 4th Largest Economy, Beating Japan
California just passed Japan to become the 4th biggest economy in the world, behind only the U.S., China, and Germany. New data from the IMF and U.S. Bureau of Economic Analysis shows California hit a $4.10 trillion GDP in 2024, topping Japan’s $4.01 trillion.
Governor Gavin Newsom proudly said, “California isn’t just keeping pace with the world, we’re setting the pace.”
But he also warned that the state’s progress is under threat. He slammed Donald Trump’s tariff policies, calling them reckless. Trump’s trade war with countries like China has led to sky-high taxes on imports—up to 145%—and big hits in return.
Newsom says these tariffs are hurting California more than anyone, since it runs America’s top ports, tech firms, farms, and factories. He’s even filed a lawsuit to stop the president’s tariff powers.
Meanwhile, Japan’s economy is shrinking. An aging population, rising costs, and lower consumer growth have slowed it down.
California’s strength? It’s got it all—Silicon Valley, Hollywood, agriculture, manufacturing, and the biggest ports. But Newsom says Trump’s trade moves could still shake that foundation.
Trump, on the other hand, claims he’s just “leveling the playing field.”
#IMF #CRYPTPNEWS
California just passed Japan to become the 4th biggest economy in the world, behind only the U.S., China, and Germany. New data from the IMF and U.S. Bureau of Economic Analysis shows California hit a $4.10 trillion GDP in 2024, topping Japan’s $4.01 trillion.
Governor Gavin Newsom proudly said, “California isn’t just keeping pace with the world, we’re setting the pace.”
But he also warned that the state’s progress is under threat. He slammed Donald Trump’s tariff policies, calling them reckless. Trump’s trade war with countries like China has led to sky-high taxes on imports—up to 145%—and big hits in return.
Newsom says these tariffs are hurting California more than anyone, since it runs America’s top ports, tech firms, farms, and factories. He’s even filed a lawsuit to stop the president’s tariff powers.
Meanwhile, Japan’s economy is shrinking. An aging population, rising costs, and lower consumer growth have slowed it down.
California’s strength? It’s got it all—Silicon Valley, Hollywood, agriculture, manufacturing, and the biggest ports. But Newsom says Trump’s trade moves could still shake that foundation.
Trump, on the other hand, claims he’s just “leveling the playing field.”
#IMF #CRYPTPNEWS
Morning News Update #Web3
🇺🇸 Eric Trump claims reasonable crypto regulation can modernize banking and position the U.S. as a global #crypto superpower.
💸 El Salvador plans to ease mandatory #Bitcoin adoption rules to unlock $3B in loans from the #IMF and other entities.
📉 #Bitcoin❗ struggles to stay above $100K after hitting an ATH of $103,800, with $250B wiped from the crypto market.
⚡ Circle to release CCTP V2 in early 2025, enabling faster, low-latency $USDC transfers on Ethereum, Base, and Avalanche.
📊 #ELONMUSK criticizes outdated U.S. government IT systems and suggests #blockchain could resolve IRS inefficiencies.
🇺🇸 Eric Trump claims reasonable crypto regulation can modernize banking and position the U.S. as a global #crypto superpower.
💸 El Salvador plans to ease mandatory #Bitcoin adoption rules to unlock $3B in loans from the #IMF and other entities.
📉 #Bitcoin❗ struggles to stay above $100K after hitting an ATH of $103,800, with $250B wiped from the crypto market.
⚡ Circle to release CCTP V2 in early 2025, enabling faster, low-latency $USDC transfers on Ethereum, Base, and Avalanche.
📊 #ELONMUSK criticizes outdated U.S. government IT systems and suggests #blockchain could resolve IRS inefficiencies.
See original
How can Bukele continue to accumulate Bitcoin after reaching an IMF loan agreement?
El Salvador seems to have contradicted its recent agreement with the IMF to stop public investment in Bitcoin.
El Salvador's President Nayib Bukele surprised industry observers on March 4 when he announced that his government would not stop buying Bitcoin, despite the International Monetary Fund's (IMF) demands.
In January, El Salvador signed a $1.4 billion loan agreement with the IMF on the condition that the country would cancel the adoption of Bitcoin and declassify it as a mandatory legal payment method.
On March 3, the IMF released a report outlining the terms of the agreement, noting that it would prohibit public accumulation of Bitcoin — meaning the government or government-controlled entities could not buy or mine Bitcoin. Bukele, seemingly defiant, stated that his country would continue to accumulate Bitcoin regardless.
The apparent conflict between Bukele's Bitcoin plan and the IMF's terms has raised questions about El Salvador's future Bitcoin accumulation and the potential consequences of the clash with the lending entity.
Bukele's recent Bitcoin purchases do not necessarily "conflict" with the IMF agreement
Among the many details in the documentation released by the IMF on March 3, there is a specific provision that has attracted the attention of Bitcoin supporters, which is "there will be no voluntary accumulation of Bitcoin by the public sector within the framework of the program." #IMF #Bukele
El Salvador seems to have contradicted its recent agreement with the IMF to stop public investment in Bitcoin.
El Salvador's President Nayib Bukele surprised industry observers on March 4 when he announced that his government would not stop buying Bitcoin, despite the International Monetary Fund's (IMF) demands.
In January, El Salvador signed a $1.4 billion loan agreement with the IMF on the condition that the country would cancel the adoption of Bitcoin and declassify it as a mandatory legal payment method.
On March 3, the IMF released a report outlining the terms of the agreement, noting that it would prohibit public accumulation of Bitcoin — meaning the government or government-controlled entities could not buy or mine Bitcoin. Bukele, seemingly defiant, stated that his country would continue to accumulate Bitcoin regardless.
The apparent conflict between Bukele's Bitcoin plan and the IMF's terms has raised questions about El Salvador's future Bitcoin accumulation and the potential consequences of the clash with the lending entity.
Bukele's recent Bitcoin purchases do not necessarily "conflict" with the IMF agreement
Among the many details in the documentation released by the IMF on March 3, there is a specific provision that has attracted the attention of Bitcoin supporters, which is "there will be no voluntary accumulation of Bitcoin by the public sector within the framework of the program." #IMF #Bukele
See original
El Salvador Defies the IMF, Purchases 11 More Bitcoins
Despite pressure from the International Monetary Fund (#IMF ) to reduce the presence of Bitcoin in the economy, El Salvador has just announced the addition of 11 Bitcoins to its Strategic Reserve Fund.
11 New Bitcoins – A Bold Move
On January 20, the National Bitcoin Office #ElSalvador announced on Twitter the purchase of an additional 11 Bitcoins (worth over 1 million USD). This move came shortly after the government committed to the IMF to limit the adoption of Bitcoin in exchange for a 1.4 billion USD loan.
11 New Bitcoins – A Bold Move
On January 20, the National Bitcoin Office #ElSalvador announced on Twitter the purchase of an additional 11 Bitcoins (worth over 1 million USD). This move came shortly after the government committed to the IMF to limit the adoption of Bitcoin in exchange for a 1.4 billion USD loan.
🔥Bitcoin Rebellion🔥 El Salvador's President Nayib Bukele Remains Committed; Refuses to Back Down‼️Adds 6 More $BTC Despite IMF Pressure: Will It Pay Off❓️
💥El Salvador's Bitcoin Strategy
El Salvador has been actively accumulating Bitcoin, with its total holdings now reaching 6,111.18 $BTC , valued at approximately $493 million. This move is despite pressure from the International Monetary Fund (IMF) to limit its exposure to the cryptocurrency.
💥IMF's Concerns
The IMF has been skeptical of El Salvador's Bitcoin $BTC adoption, citing financial and legal risks. The IMF's concerns are centered around the potential risks to the country's financial stability.
💥El Salvador's Commitment
However, El Salvador's President Nayib Bukele remains committed to his country's Bitcoin strategy, with plans to accelerate Bitcoin purchases and build massive reserves. The country's National Bitcoin Office has also announced plans to launch bond-backed Bitcoin and construct Bitcoin City, a tax-free crypto hub.
💥Benefits of Bitcoin Adoption
El Salvador's government believes that Bitcoin can help reduce remittance costs and increase financial inclusion. The country's Bitcoin reserves have already generated significant profits, with an initial investment of $269.74 million now valued at $603.34 million.
💥Global Implications
As El Salvador continues to defy the IMF's demands and accumulate more Bitcoin, it will be interesting to see how this affects the global cryptocurrency market. Will other countries follow El Salvador's lead, or will the IMF's concerns about Bitcoin's risks prevail? Only time will tell.
#ElSalvador #MarketPullback #IMF #CryptoMarketWatch #BTC
💥El Salvador's Bitcoin Strategy
El Salvador has been actively accumulating Bitcoin, with its total holdings now reaching 6,111.18 $BTC , valued at approximately $493 million. This move is despite pressure from the International Monetary Fund (IMF) to limit its exposure to the cryptocurrency.
💥IMF's Concerns
The IMF has been skeptical of El Salvador's Bitcoin $BTC adoption, citing financial and legal risks. The IMF's concerns are centered around the potential risks to the country's financial stability.
💥El Salvador's Commitment
However, El Salvador's President Nayib Bukele remains committed to his country's Bitcoin strategy, with plans to accelerate Bitcoin purchases and build massive reserves. The country's National Bitcoin Office has also announced plans to launch bond-backed Bitcoin and construct Bitcoin City, a tax-free crypto hub.
💥Benefits of Bitcoin Adoption
El Salvador's government believes that Bitcoin can help reduce remittance costs and increase financial inclusion. The country's Bitcoin reserves have already generated significant profits, with an initial investment of $269.74 million now valued at $603.34 million.
💥Global Implications
As El Salvador continues to defy the IMF's demands and accumulate more Bitcoin, it will be interesting to see how this affects the global cryptocurrency market. Will other countries follow El Salvador's lead, or will the IMF's concerns about Bitcoin's risks prevail? Only time will tell.
#ElSalvador #MarketPullback #IMF #CryptoMarketWatch #BTC
BIG NEWS:
The IMF just told El Salvador to STOP buying Bitcoin! 🇸🇻💸But wait — President Bukele? He’s STILL stacking sats! 🤯🔥
Is this a bold move toward financial independence or a risky bet on crypto? 🧐
What do YOU think — is El Salvador pioneering a financial revolution or playing with fire?
Drop your thoughts below! 👇💬
#bitcoin #ElSalvador #IMF #Finance #CryptoRevolution
The IMF just told El Salvador to STOP buying Bitcoin! 🇸🇻💸But wait — President Bukele? He’s STILL stacking sats! 🤯🔥
Is this a bold move toward financial independence or a risky bet on crypto? 🧐
What do YOU think — is El Salvador pioneering a financial revolution or playing with fire?
Drop your thoughts below! 👇💬
#bitcoin #ElSalvador #IMF #Finance #CryptoRevolution
See original
El Salvador remains steadfast in its Bitcoin accumulation despite the renewed IMF pressure to stop purchases.
#ElSalvador #IMF $BTC #WhiteHouseCryptoSummit
#ElSalvador #IMF $BTC #WhiteHouseCryptoSummit
IMF Releases Updated Guidelines for Digital Asset Classification
According to Foresight News, the International Monetary Fund (IMF) has released the seventh edition of its Balance of Payments and International Investment Position Manual (BPM7), outlining new standards for classifying and recording digital assets. The framework categorizes cryptocurrencies like Bitcoin, stablecoins, and blockchain platforms such as Ethereum and Solana into fungible and non-fungible tokens. Additionally, assets are classified based on whether they carry associated liabilities. Bitcoin and other tokens without liability backing are designated as non-productive non-financial assets and recorded in the capital account.
#BTC #IMF #ETH
$BTC $ETH $SOL
According to Foresight News, the International Monetary Fund (IMF) has released the seventh edition of its Balance of Payments and International Investment Position Manual (BPM7), outlining new standards for classifying and recording digital assets. The framework categorizes cryptocurrencies like Bitcoin, stablecoins, and blockchain platforms such as Ethereum and Solana into fungible and non-fungible tokens. Additionally, assets are classified based on whether they carry associated liabilities. Bitcoin and other tokens without liability backing are designated as non-productive non-financial assets and recorded in the capital account.
#BTC #IMF #ETH
$BTC $ETH $SOL
BREAKING:The International Monetary Fund (IMF) is integrating #Bitcoin into its reserves and plans to include #BTC in the SDR basket soon.
Interesting move, given that the IMF has reportedly advised both 🇸🇻El Salvador and the 🇺🇸U.S. against increasing their Bitcoin holdings. 👀
#TrumpCrypto #IMF #BTC #crypto
Interesting move, given that the IMF has reportedly advised both 🇸🇻El Salvador and the 🇺🇸U.S. against increasing their Bitcoin holdings. 👀
#TrumpCrypto #IMF #BTC #crypto
El Salvador Adds to Bitcoin Reserves Despite IMF Pressure
El Salvador has further increased its Bitcoin reserves, acquiring 12 additional BTC, bringing the total holdings to 6,044 BTC. This move comes despite a $1.4 billion loan agreement with the International Monetary Fund (IMF) that includes conditions for reducing Bitcoin's role in the country's financial system.
President Nayib Bukele's administration has remained steadfast in its commitment to Bitcoin, even though private sector adoption of the cryptocurrency remains largely voluntary. The nation's current Bitcoin holdings are valued at over $617 million, representing a significant profit of $179 million since adopting Bitcoin as legal tender in 2021.
This latest purchase comes as Bitcoin recently reached a new all-time high of $109,000, solidifying El Salvador's position as a global leader in cryptocurrency adoption.
$BTC #MarketPullback #ElSalvador #IMF
President Nayib Bukele's administration has remained steadfast in its commitment to Bitcoin, even though private sector adoption of the cryptocurrency remains largely voluntary. The nation's current Bitcoin holdings are valued at over $617 million, representing a significant profit of $179 million since adopting Bitcoin as legal tender in 2021.
This latest purchase comes as Bitcoin recently reached a new all-time high of $109,000, solidifying El Salvador's position as a global leader in cryptocurrency adoption.
$BTC #MarketPullback #ElSalvador #IMF
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