$USDC El Salvador, the first country in the world to adopt Bitcoin as legal tender, continues to buy Bitcoin despite a $1.4 billion loan agreement with the International Monetary Fund (IMF) that includes provisions hindering further accumulation. The government's cash wallet currently holds 6,209 Bitcoin, having added 240 BTC since December 19, 2024, after the IMF agreement was announced.
In December, El Salvador made a deal with the IMF for a loan of $1.4 billion, which required the government to revoke Bitcoin's status as legal tender and stop further public BTC accumulation. However, when asked about the purchases, Rodrigo Valdes, director of the IMF's Western Hemisphere Department, stated that the country remains technically compliant. "El Salvador continues to comply with its commitments not to accumulate Bitcoin by the overall fiscal sector," he explained.