$ETH The International Monetary Fund (IMF) has confirmed that El Salvador šŸ‡øšŸ‡» is still maintaining its commitment to not hoard Bitcoin through the fiscal sector. Rodrigo ValdĆ©s, Director of the IMF’s Western Hemisphere Department, said that El Salvador continues to comply with this performance criterion, reaffirming the agreement with the IMF.

However, El Salvador’s President šŸ‡øšŸ‡» Nayib Bukele announced last month that they would not stop buying Bitcoin and continued their DCA strategy as of yesterday, so it is unclear why the IMF says that El Salvador is in compliance… There could be a ā€œloopholeā€ where they buy without using money from the ā€œfiscal sectorā€, or it could be fake news