IMF: El Salvador continues to comply with the commitment not to accumulate Bitcoin in the fiscal sector
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IMF: El Salvador continues to comply with the commitment not to accumulate Bitcoin in the fiscal sector
Rodrigo Valdes, Director of the Western Hemisphere Department at the International Monetary Fund (IMF), said at a press conference during the spring meetings that El Salvador is still complying with its commitment not to accumulate Bitcoin in the overall fiscal sector, a key performance criterion agreed upon between the country and the IMF.
Navigating Web3 tides with focused insightsTechFlow, April 27 — Rodrigo Valdes, Director of the Western Hemisphere Department at the International Monetary Fund (IMF), stated during a press conference at the Spring Meetings that El Salvador continues to comply with its commitment not to accumulate additional bitcoin through the overall fiscal sector, a key performance criterion agreed upon between the country and the IMF.
Notably, according to data from El Salvador's Ministry of Finance website, the country purchased an additional 7 bitcoins over the past seven days, bringing its total bitcoin holdings to 6,158.18 bitcoins.
