El Salvador continues to acquire Bitcoin despite IMF regulations. President Nayib Bukele's administration paused public sector Bitcoin purchases to meet IMF loan conditions. However, the country's Bitcoin Office quietly expands national reserves, adding 32 BTC worth over $650,000 recently. El Salvador now holds 6,161.18 BTC valued at $584 million, following a 'one Bitcoin a day' policy. While IMF rules restrict direct government purchases, the Bitcoin Office operates outside the fiscal sector's boundaries, allowing daily acquisitions. El Salvador made structural reforms beyond Bitcoin, meeting IMF conditions by amending the Bitcoin Law. The IMF aims to enhance private investment and growth in El Salvador, with a focus on macroeconomic stability. Despite global pressure, President Bukele remains committed to the Bitcoin strategy. El Salvador's holdings make it the world's sixth-largest sovereign Bitcoin holder. IMF's upcoming review will evaluate compliance and financial stability impact. Read more AI-generated news on: https://app.chaingpt.org/news

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