#Binance
ATTENTION: El Salvador, bitcoin ($BTC ) — and the IMF
It is worth remembering that El Salvador has an agreement with the International Monetary Fund (IMF) that requires the reduction of public sector involvement with cryptocurrencies.
In fact, the international entity pressured for the revocation of the legal tender status of BTC in January of this year. As a result, the use of bitcoin is now restricted to transactions between citizens and private companies, and its acceptance is no longer mandatory, becoming optional.
In return, the IMF offered a loan of US$ 1.4 billion in December of last year. However, the so-called #Bitcoin Office of El Salvador, technically outside the scope of public power, continued its policy of acquiring 'one bitcoin a day'.
'In relation to #EISalvador , let me say that they continue to fulfill their commitment not to accumulate Bitcoin by the general fiscal sector,' said the director of the Western Hemisphere Department of the IMF, Rodrigo Valdes, last month.#BTC