onchainlnsights

El Salvador’s latest deal with the International Monetary Fund (IMF) reportedly includes a ban on public sector Bitcoin accumulation. This could signal a shift in the country’s Bitcoin strategy, which has been a major focus under President Nayib Bukele. The agreement may be aimed at addressing concerns over financial stability and debt management, given El Salvador’s historic decision to adopt Bitcoin as legal tender in 2021. However, it remains unclear how this restriction will impact the country’s broader crypto policies or its existing Bitcoin holdings.

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