Flash
March 5, 2025 10:57 AM
The International Monetary Fund (IMF) has imposed strict new conditions on El Salvador’s Bitcoin strategy as part of its 40-month, $1.4 billion loan agreement. According to a March 2025 IMF country report, El Salvador’s government must cease all new Bitcoin purchases, eliminate mandatory BTC acceptance, and scale back its national Bitcoin infrastructure.
Despite the IMF’s restrictions, El Salvador still holds approximately 6,100 BTC ($510 million), with President Nayib Bukele continuing to court crypto and AI investments. The country has recently engaged with a16z co-founders Marc Andreessen and Ben Horowitz to discuss making El Salvador a regional tech hub, while Michael Saylor and Tether have also expanded their presence in the nation.
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