IMF: The Salvadoran government has agreed at the policy level to no longer actively increase its BTC holdings
Foresight News reported that the International Monetary Fund (IMF) issued a statement saying it will continue negotiations regarding El Salvador's bitcoin project and the sale of the government electronic wallet Chivo, noting that significant progress has been made in these discussions. The IMF stated that the El Salvadoran government has agreed at the policy level to no longer actively increase its BTC holdings and is advancing the phase-out of the Chivo wallet. However, the official El Salvador Bitcoin Office claims it is still "purchasing 1 BTC daily" and announced on December 22 that its holdings had increased to 7,509 BTC. The IMF requires El Salvador to fully comply with the agreement by the end of 2025 at the latest.
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