IMF Confirms El Salvador Has Halted Bitcoin Purchases With Public Funds

A recent IMF briefing confirmed that the country has stopped using public funds to buy Bitcoin, a key condition tied to its $1.4 billion loan agreement. Rodrigo Valdes, head of the IMF’s Western Hemisphere Department, stated that El Salvador remains in full compliance with its commitments, helping to put rumors of noncompliance to rest. Beyond pausing Bitcoin accumulation with government funds, the IMF also noted that El Salvador is making progress on fiscal transparency and structural reforms source: https://coindoo.com/imf-confirms-el-salvador-has-halted-bitcoin-purchases-with-public-funds/