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IMF warns that Trump's tax bill will make debt reduction difficult in the medium term
The International Monetary Fund (IMF) has warned that President Trump’s tax bill, now nearing final approval, could make it more difficult to reduce the US fiscal deficit and national debt in the coming years.
Speaking at a briefing in Washington, IMF spokeswoman Julie Kozack said the proposed legislation appears to run counter to efforts aimed at curbing federal debt over the medium term.
Kozack emphasized that initiating deficit reduction sooner would allow for a more gradual and manageable path toward fiscal sustainability.
The IMF examines Trump’s bill and its potential impact on the US economy
The IMF, which is responsible for keeping an eye on the global economy, has repeatedly stated that the US should lower public borrowing over time, Kozack said.
To achieve this, the IMF advised the country to effectively cut down debts compared to its gross domestic product, a widely used measure to assess debt sustainability.
Although the term “Medium term” can be defined in various ways, the IMF, which is based in Washington, frequently refers to a time of five years. Today, the House voted on a Senate bill that, as the Congressional Budget Office reported, will increase the deficit by $3.3 trillion.
Meanwhile, the IMF is carefully looking into the bill and its potential impact on the US economy, and will release a fresh forecast for the United States and global economy in an update of its World Economic Outlook this month, Kozack said.
Lawmakers eye a financial strategy to make Trump’s 2017 income tax cuts permanent
As for that One Big Beautiful Bill, the Congressional Budget Office (CBO) analysis revealed a drop of $4.5 trillion in revenue and a cut of $1.2 trillion in spending by 2034, compared to what current laws predict.
The Senate bill, at the request of Republicans, was also estimated to save $507.6 billion over ten years compared to the current policy baseline. #IMF
The International Monetary Fund (IMF) has warned that President Trump’s tax bill, now nearing final approval, could make it more difficult to reduce the US fiscal deficit and national debt in the coming years.
Speaking at a briefing in Washington, IMF spokeswoman Julie Kozack said the proposed legislation appears to run counter to efforts aimed at curbing federal debt over the medium term.
Kozack emphasized that initiating deficit reduction sooner would allow for a more gradual and manageable path toward fiscal sustainability.
The IMF examines Trump’s bill and its potential impact on the US economy
The IMF, which is responsible for keeping an eye on the global economy, has repeatedly stated that the US should lower public borrowing over time, Kozack said.
To achieve this, the IMF advised the country to effectively cut down debts compared to its gross domestic product, a widely used measure to assess debt sustainability.
Although the term “Medium term” can be defined in various ways, the IMF, which is based in Washington, frequently refers to a time of five years. Today, the House voted on a Senate bill that, as the Congressional Budget Office reported, will increase the deficit by $3.3 trillion.
Meanwhile, the IMF is carefully looking into the bill and its potential impact on the US economy, and will release a fresh forecast for the United States and global economy in an update of its World Economic Outlook this month, Kozack said.
Lawmakers eye a financial strategy to make Trump’s 2017 income tax cuts permanent
As for that One Big Beautiful Bill, the Congressional Budget Office (CBO) analysis revealed a drop of $4.5 trillion in revenue and a cut of $1.2 trillion in spending by 2034, compared to what current laws predict.
The Senate bill, at the request of Republicans, was also estimated to save $507.6 billion over ten years compared to the current policy baseline. #IMF
🚨IMF Rejects Pakistan’s Energy Plan for Bitcoin Mining – What Does This Mean for Its Crypto Ambitions?🚨$BTC
#IMF #pakcryptoimf #NFPWatch #IMFvsCrypto #IMFEconomy
#IMF #pakcryptoimf #NFPWatch #IMFvsCrypto #IMFEconomy
🔥🩸‼️IMF Blocks 🇵🇰Pakistan's Crypto Power Push Amid Legal & Fiscal Fears ‼️🚨🩸
🇵🇰Pakistan’s ambitious plan to allocate 2,000MW of electricity for Bitcoin mining and AI data centers has hit a major roadblock — the IMF isn’t on board.
During a Senate committee meeting, Power Secretary Dr. Fakhray Alam Irfan confirmed that the IMF rejected the proposal, citing risks of market distortion, legal grey zones, and pressure on the already strained power grid.
The #IMF was also frustrated that Pakistan announced the plan without prior consultation, warning that subsidized electricity for crypto ventures could hurt the energy sector and pricing structure.
Despite rejection, #Pakistan ’s government says it’s still negotiating with the IMF to reshape the initiative, originally led by the Pakistan Crypto Council and supported by the Finance Ministry.
The plan aims to convert surplus electricity into income, draw in foreign investment, and foster digital jobs — but regulatory and energy security concerns persist.
Interestingly, #Binance founder Changpeng Zhao #CZ had a role as an advisor on the project — a twist that’s raised further debate after his legal troubles in the US.
With over 15–20 million crypto users and growing adoption, Pakistan is eager to tap into blockchain opportunities. But for now, the IMF's red tape is a major hurdle.
#Bitcoinmining
🇵🇰Pakistan’s ambitious plan to allocate 2,000MW of electricity for Bitcoin mining and AI data centers has hit a major roadblock — the IMF isn’t on board.
During a Senate committee meeting, Power Secretary Dr. Fakhray Alam Irfan confirmed that the IMF rejected the proposal, citing risks of market distortion, legal grey zones, and pressure on the already strained power grid.
The #IMF was also frustrated that Pakistan announced the plan without prior consultation, warning that subsidized electricity for crypto ventures could hurt the energy sector and pricing structure.
Despite rejection, #Pakistan ’s government says it’s still negotiating with the IMF to reshape the initiative, originally led by the Pakistan Crypto Council and supported by the Finance Ministry.
The plan aims to convert surplus electricity into income, draw in foreign investment, and foster digital jobs — but regulatory and energy security concerns persist.
Interestingly, #Binance founder Changpeng Zhao #CZ had a role as an advisor on the project — a twist that’s raised further debate after his legal troubles in the US.
With over 15–20 million crypto users and growing adoption, Pakistan is eager to tap into blockchain opportunities. But for now, the IMF's red tape is a major hurdle.
#Bitcoinmining
🚨 IMF Blocks Pakistan’s Bitcoin Mining Subsidy Plan
🇵🇰 In a major roadblock to Pakistan’s ambitions of building Bitcoin reserves, the IMF has rejected a proposal to offer subsidized electricity tariffs for crypto mining.
🔍 Key Highlights:
◾️ Pakistan aimed to utilize surplus winter electricity to mine Bitcoin.
◾️ Secretary Power Dr. Fakhray Alam Irfan revealed the IMF’s strict stance against targeted subsidies.
◾️ The move sparks uncertainty around the country’s crypto mining and reserve strategy.
🌐 As developing nations explore innovative ways to participate in the digital asset economy, global financial institutions like the IMF are still drawing hard lines.
#Bitcoin #Pakistan #IMF #CryptoMining #DigitalAssets
https://coingape.com/breaking-imf-blocks-pakistans-plan-to-subsidize-electricity-for-bitcoin-mining/?utm_source=bnb&utm_medium=coingape
🇵🇰 In a major roadblock to Pakistan’s ambitions of building Bitcoin reserves, the IMF has rejected a proposal to offer subsidized electricity tariffs for crypto mining.
🔍 Key Highlights:
◾️ Pakistan aimed to utilize surplus winter electricity to mine Bitcoin.
◾️ Secretary Power Dr. Fakhray Alam Irfan revealed the IMF’s strict stance against targeted subsidies.
◾️ The move sparks uncertainty around the country’s crypto mining and reserve strategy.
🌐 As developing nations explore innovative ways to participate in the digital asset economy, global financial institutions like the IMF are still drawing hard lines.
#Bitcoin #Pakistan #IMF #CryptoMining #DigitalAssets
https://coingape.com/breaking-imf-blocks-pakistans-plan-to-subsidize-electricity-for-bitcoin-mining/?utm_source=bnb&utm_medium=coingape
🚨 IMF Shuts Down Pakistan’s Bold 2,000 MW Crypto Mining Plan – What’s Next?
In a major setback for Pakistan’s crypto ambitions, the International Monetary Fund (IMF) has rejected the country’s proposal to offer cheap electricity for crypto mining and heavy industries, citing concerns over market distortions. The decision throws cold water on Pakistan’s plan to attract foreign investment by allocating 2,000 megawatts of power to energy-hungry sectors like Bitcoin mining and data centers.
Why Did the IMF Say No?
During a heated Senate Standing Committee on Power meeting, Secretary Power Dr. Fakhray Alam Irfan revealed that despite having surplus electricity in winter, the IMF firmly opposed subsidized rates for crypto miners. The global financial watchdog warned that such incentives could disrupt fair competition and strain Pakistan’s already fragile energy economy.
"As of now, the IMF has not agreed," Dr. Irfan stated, but discussions continue as Pakistan seeks alternative solutions.
Crypto Mining vs. Power Theft: Pakistan’s Energy Crisis Deepens
While Pakistan hoped crypto mining could bring in billions in foreign investment, the country is also battling rampant electricity theft—a problem costing the government millions. Shockingly, 58% of users pay a heavily subsidized rate of just Rs. 10 per unit, far below the actual cost.
Senator Shibli Faraz even accused banks of being "forced at gunpoint" to help reduce Pakistan’s Rs. 1.275 trillion circular debt, highlighting the extreme financial pressures at play.
What’s Next for Pakistan’s Crypto Dreams?
Despite the IMF’s rejection, Pakistan isn’t backing down. The government remains in talks with international bodies to revise its energy strategy, while also rolling out anti-theft tech to curb losses.
Will Pakistan find a way to lure crypto miners without IMF approval?
Or will energy subsidies remain a pipe dream?
One thing’s clear: The battle between crypto ambitions and economic realities is far from over.
🔔 Stay tuned for more explosive updates on this developing story!
💡 Want more hard-hitting crypto insights?
📩 Follow now for breaking news, expert analysis, and real-time updates on Bitcoin, altcoins, DeFi, and beyond! 🚀
#crypto #Bitcoinmining #IMF #Pakistan #EnergyCrisis
$BTC
Why Did the IMF Say No?
During a heated Senate Standing Committee on Power meeting, Secretary Power Dr. Fakhray Alam Irfan revealed that despite having surplus electricity in winter, the IMF firmly opposed subsidized rates for crypto miners. The global financial watchdog warned that such incentives could disrupt fair competition and strain Pakistan’s already fragile energy economy.
"As of now, the IMF has not agreed," Dr. Irfan stated, but discussions continue as Pakistan seeks alternative solutions.
Crypto Mining vs. Power Theft: Pakistan’s Energy Crisis Deepens
While Pakistan hoped crypto mining could bring in billions in foreign investment, the country is also battling rampant electricity theft—a problem costing the government millions. Shockingly, 58% of users pay a heavily subsidized rate of just Rs. 10 per unit, far below the actual cost.
Senator Shibli Faraz even accused banks of being "forced at gunpoint" to help reduce Pakistan’s Rs. 1.275 trillion circular debt, highlighting the extreme financial pressures at play.
What’s Next for Pakistan’s Crypto Dreams?
Despite the IMF’s rejection, Pakistan isn’t backing down. The government remains in talks with international bodies to revise its energy strategy, while also rolling out anti-theft tech to curb losses.
Will Pakistan find a way to lure crypto miners without IMF approval?
Or will energy subsidies remain a pipe dream?
One thing’s clear: The battle between crypto ambitions and economic realities is far from over.
🔔 Stay tuned for more explosive updates on this developing story!
💡 Want more hard-hitting crypto insights?
📩 Follow now for breaking news, expert analysis, and real-time updates on Bitcoin, altcoins, DeFi, and beyond! 🚀
#crypto #Bitcoinmining #IMF #Pakistan #EnergyCrisis
$BTC
The IMF has rejected Pakistan's proposal to subsidize electricity rates for cryptocurrency mining! ⚡️💸
The decision highlights concerns over energy sustainability and the impact on the crypto mining industry.
#Pakistan #Cryptocurrency #IMF #CryptoNews #CryptoMarket $CAKE
$COMP
$VANA
The decision highlights concerns over energy sustainability and the impact on the crypto mining industry.
#Pakistan #Cryptocurrency #IMF #CryptoNews #CryptoMarket $CAKE
$COMP
$VANA
🇵🇰Pakistan's crypto mining plan hits roadblock as IMF pushes back🏄🦚
🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🚀The federal government has failed to get approval from the International Monetary Fund (IMF) for a plan to provide 2,000 megawatts of electricity at subsidised rates for Bitcoin mining✅.
🇵🇰Sources in the Power Division said the government presented this plan to the IMF in negotiations three times, but failed to convince the global financial institution🌹.
🚀The IMF argued that past experiences of providing cheap electricity under industrial status did not yield positive results and such concessions end up becoming a form of “tax holiday.”🚀
🇵🇰It raised concerns about the government’s strategy, questioning: if this electricity is provided at subsidised rates, what will be the plan to later sell the same electricity at market rates?🔥
🇵🇰Sources revealed that the government has also shared this presentation with the World Bank and other tripartite donors in an attempt to persuade the IMF🎉.
🇵🇰The government plans to offer electricity at up to Rs 24 per unit for Bitcoin mining, while currently, the country has a surplus of 7,000 megawatts of electricity, of which 2,000 megawatts are being considered for allocation to crypto mining.✅
🇵🇰The government maintains that the project could bring foreign exchange into the country and efforts are ongoing to convince the IMF to approve the proposal🇵🇰🎉🦚🏄#pakcryptocouncil #PCCLeadership #IMF #CryptoNews #OneBigBeautifulBill ✅🌹✅🌹✅🌹✅🚀✅🌹✅🌹✅🌹✅🚀✅🌹✅$ETH
$XRP
$SOL
🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🚀The federal government has failed to get approval from the International Monetary Fund (IMF) for a plan to provide 2,000 megawatts of electricity at subsidised rates for Bitcoin mining✅.
🇵🇰Sources in the Power Division said the government presented this plan to the IMF in negotiations three times, but failed to convince the global financial institution🌹.
🚀The IMF argued that past experiences of providing cheap electricity under industrial status did not yield positive results and such concessions end up becoming a form of “tax holiday.”🚀
🇵🇰It raised concerns about the government’s strategy, questioning: if this electricity is provided at subsidised rates, what will be the plan to later sell the same electricity at market rates?🔥
🇵🇰Sources revealed that the government has also shared this presentation with the World Bank and other tripartite donors in an attempt to persuade the IMF🎉.
🇵🇰The government plans to offer electricity at up to Rs 24 per unit for Bitcoin mining, while currently, the country has a surplus of 7,000 megawatts of electricity, of which 2,000 megawatts are being considered for allocation to crypto mining.✅
🇵🇰The government maintains that the project could bring foreign exchange into the country and efforts are ongoing to convince the IMF to approve the proposal🇵🇰🎉🦚🏄#pakcryptocouncil #PCCLeadership #IMF #CryptoNews #OneBigBeautifulBill ✅🌹✅🌹✅🌹✅🚀✅🌹✅🌹✅🌹✅🚀✅🌹✅$ETH
$XRP
$SOL
Top crypto news for July 4 — IMF halts Pakistan’s Bitcoin mining plans, Tornado Cash trial date set, Bitstamp expands in Asia, and more!
#CryptoNews #BitcoinMining #PakistanCrypto #IMF #TornadoCash #RomanStorm #Bitstamp #CryptoScam #Blockchain #Web3 #CryptoUpdate #CryptoMarket #DigitalAssets #CryptoHeadlines
#CryptoNews #BitcoinMining #PakistanCrypto #IMF #TornadoCash #RomanStorm #Bitstamp #CryptoScam #Blockchain #Web3 #CryptoUpdate #CryptoMarket #DigitalAssets #CryptoHeadlines
IMF Blocks Pakistan’s Bitcoin Mining Proposal!
Pakistan’s bold plan to subsidize electricity for Bitcoin miners has been rejected by the IMF! But why?
The government wanted to use its 7,000 MW surplus to power Bitcoin mining at lower than market rates a game changing move for the country's crypto future. But the IMF isn’t convinced.
The IMF fears market chaos and questions the long-term effects of energy subsidies. Was the IMF right, or is this a major missed opportunity for Pakistan’s crypto potential?
Pakistan saw this as a way to grow its economy and help the unbanked with crypto. Could it have been the key to a digital revolution?
What’s your take? Should Pakistan push forward, or is the IMF’s warning valid?
Share your thoughts and let’s debate this!
#CryptoNews #IMF #CryptoMining #CryptoOpportunity #thecryptoheadquarters
Pakistan’s bold plan to subsidize electricity for Bitcoin miners has been rejected by the IMF! But why?
The government wanted to use its 7,000 MW surplus to power Bitcoin mining at lower than market rates a game changing move for the country's crypto future. But the IMF isn’t convinced.
The IMF fears market chaos and questions the long-term effects of energy subsidies. Was the IMF right, or is this a major missed opportunity for Pakistan’s crypto potential?
Pakistan saw this as a way to grow its economy and help the unbanked with crypto. Could it have been the key to a digital revolution?
What’s your take? Should Pakistan push forward, or is the IMF’s warning valid?
Share your thoughts and let’s debate this!
#CryptoNews #IMF #CryptoMining #CryptoOpportunity #thecryptoheadquarters
IMF Warns: Stablecoin Regulation Still in ‘Early Days’
IMF VP Li Bo cautions at Davos that stablecoin rules are still unfinished, urging global consensus .
Regulatory clarity remains distant.
#IMF #StablecoinRegulation #CryptoPolicy #Davos
IMF VP Li Bo cautions at Davos that stablecoin rules are still unfinished, urging global consensus .
Regulatory clarity remains distant.
#IMF #StablecoinRegulation #CryptoPolicy #Davos
⚠️ IMF: Stablecoin Regulation Still Has “Long Way to Go”
VP Li Bo says global stablecoin regulation is just starting, with many unresolved challenges.
Calls for consensus and innovation-friendly policies.
#IMF #StablecoinRegulation #CryptoPolicy
VP Li Bo says global stablecoin regulation is just starting, with many unresolved challenges.
Calls for consensus and innovation-friendly policies.
#IMF #StablecoinRegulation #CryptoPolicy
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.
Làm sao Bukele vẫn có thể tích trữ Bitcoin sau khi đạt được thỏa thuận vay vốn của IMF?
El Salvador dường như đã mâu thuẫn với thỏa thuận gần đây với IMF về việc ngừng đầu tư công vào Bitcoin.
Tổng thống El Salvador Nayib Bukele đã khiến giới quan sát trong ngành ngạc nhiên vào ngày 4 tháng 3 khi ông tuyên bố rằng chính phủ của ông sẽ không dừng lại việc mua Bitcoin, bất chấp yêu cầu của Quỹ Tiền tệ Quốc tế (IMF).
Vào tháng 1, El Salvador đã ký một thỏa thuận cho vay trị giá 1,4 tỷ đô la với IMF với điều kiện nước này phải hủy bỏ việc áp dụng Bitcoin và giải mật nó như một phương tiện thanh toán hợp pháp bắt buộc.
Vào ngày 3 tháng 3, IMF đã công bố một báo cáo nêu rõ các điều khoản của thỏa thuận, lưu ý rằng nó sẽ cấm việc tích lũy Bitcoin công khai — tức là chính phủ hoặc các thực thể do chính phủ kiểm soát không thể mua Bitcoin hoặc khai thác nó. Bukele, có vẻ thách thức, cho biết đất nước của ông sẽ tiếp tục tích lũy Bitcoin dù sao đi nữa.
Xung đột rõ ràng giữa kế hoạch Bitcoin của Bukele và các điều khoản của IMF đã làm dấy lên câu hỏi về tương lai tích lũy Bitcoin của El Salvador và hậu quả tiềm tàng từ xung đột với đơn vị cho vay.
Việc Bukele mua Bitcoin gần đây không nhất thiết “xung đột” với thỏa thuận của IMF
Trong số nhiều chi tiết có trong bộ tài liệu mà IMF công bố vào ngày 3 tháng 3, có một điều khoản cụ thể đã thu hút sự chú ý của những người ủng hộ Bitcoin, đó là "sẽ không có hoạt động tích lũy Bitcoin tự nguyện nào của khu vực công trong bối cảnh của chương trình". #IMF #Bukele
El Salvador dường như đã mâu thuẫn với thỏa thuận gần đây với IMF về việc ngừng đầu tư công vào Bitcoin.
Tổng thống El Salvador Nayib Bukele đã khiến giới quan sát trong ngành ngạc nhiên vào ngày 4 tháng 3 khi ông tuyên bố rằng chính phủ của ông sẽ không dừng lại việc mua Bitcoin, bất chấp yêu cầu của Quỹ Tiền tệ Quốc tế (IMF).
Vào tháng 1, El Salvador đã ký một thỏa thuận cho vay trị giá 1,4 tỷ đô la với IMF với điều kiện nước này phải hủy bỏ việc áp dụng Bitcoin và giải mật nó như một phương tiện thanh toán hợp pháp bắt buộc.
Vào ngày 3 tháng 3, IMF đã công bố một báo cáo nêu rõ các điều khoản của thỏa thuận, lưu ý rằng nó sẽ cấm việc tích lũy Bitcoin công khai — tức là chính phủ hoặc các thực thể do chính phủ kiểm soát không thể mua Bitcoin hoặc khai thác nó. Bukele, có vẻ thách thức, cho biết đất nước của ông sẽ tiếp tục tích lũy Bitcoin dù sao đi nữa.
Xung đột rõ ràng giữa kế hoạch Bitcoin của Bukele và các điều khoản của IMF đã làm dấy lên câu hỏi về tương lai tích lũy Bitcoin của El Salvador và hậu quả tiềm tàng từ xung đột với đơn vị cho vay.
Việc Bukele mua Bitcoin gần đây không nhất thiết “xung đột” với thỏa thuận của IMF
Trong số nhiều chi tiết có trong bộ tài liệu mà IMF công bố vào ngày 3 tháng 3, có một điều khoản cụ thể đã thu hút sự chú ý của những người ủng hộ Bitcoin, đó là "sẽ không có hoạt động tích lũy Bitcoin tự nguyện nào của khu vực công trong bối cảnh của chương trình". #IMF #Bukele
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
El Salvador remains steadfast in its Bitcoin accumulation despite the renewed IMF pressure to stop purchases.
#ElSalvador #IMF $BTC #WhiteHouseCryptoSummit
#ElSalvador #IMF $BTC #WhiteHouseCryptoSummit
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
The #IMF is STILL pressuring #ElSalvador to stop buying more Bitcoin… 🤯
Even after the country made $386M profit (+134%), they’re being told to back off — all for a $1.4B loan deal?
Maybe the real threat isn’t risk…
It’s profit without permission.
#Bitcoin2025 #ElSalvadorBTC #BTCpurchase
Even after the country made $386M profit (+134%), they’re being told to back off — all for a $1.4B loan deal?
Maybe the real threat isn’t risk…
It’s profit without permission.
#Bitcoin2025 #ElSalvadorBTC #BTCpurchase
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