based on materials from the site - By Cryptocurrency Press

The President of El Salvador, Nayib Bukele, denies the IMF report confirming the absence of Bitcoin purchases since December 2024.

The IMF report emphasizes that El Salvador has ceased Bitcoin purchases, affecting fiscal strategies and raising questions about trust.

The IMF confirmed that El Salvador has not been purchasing Bitcoins since December 2024. This contradicts statements from officials, including President Bukele, who claims daily Bitcoin purchases. Nayib Bukele shared important news about the development of Bitcoins. These conflicting statements have sparked debates in the cryptocurrency community.

Key participants in the process included President Nayib Bukele, Finance Minister Jerson Rohelio Posada Molina, and Central Bank President Douglas Pablo Rodriguez Fuentes. The IMF conditional credit required the suspension of Bitcoin purchases, focusing on fiscal policy. These events raise questions about El Salvador's financial strategy. The suspension of purchases affects both national authority and financial stability, impacting market perception. Bitcoin, as a central asset, remains under close scrutiny amid these changes.
In accordance with the program commitments, the stock of Bitcoins in the public sector remains unchanged, and we are taking steps to reduce fiscal risks by decreasing the role of the public sector in the Chivo wallet and revising the Bitcoin project concept. — Douglas Pablo Rodriguez Fuentes, President of the Central Bank of El Salvador
The IMF's conditions require transparency in regulation and fiscal responsibility in El Salvador's Bitcoin project. This decision, confirmed by the latest data, emphasizes the stabilization of public resources compared to new acquisitions while minimizing associated risks.
Despite claims of daily Bitcoin purchases, no new inflows have been recorded. The government's focus on existing assets rather than their acquisition ensures compliance with IMF conditions. This strategic decision reflects the regulatory implications and financial adjustments needed to ensure stability.

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