El Salvador President Nayib Buklele said his government will not stop buying bitcoin despite a new request from international financial funds to stop.
The IMF has issued a new request On March 3 for an extended arrangement under the $ 1.4 billion funding facility in El Salvador, calling on the country’s public sector to stop the voluntary accumulation of Bitcoin (Btc).
“No, it doesn’t stop,” Buklele said in a March 4 x PostConfirmation with El Salvador did not comply with the IMF request.
“If it doesn’t stop when the world is ostracizing us and most ‘bitcoiners’ have left us, it will never stop now, and it will not stop in the future,” he added.
Source: Nayib Buklele
El Salvador proceeded to STI buy of at least one Bitcoin per day on March 4 as part of the Central American Council approach.
El Salvador’s IMF’s March 3 also asked to stop mining activities in Bitcoin and to tighten the release of the public debt sector or tokenized instruments that are denominated or that -index in Bitcoin.
While Buklele clarified that El Salvador will continue to stack Bitcoin, it is unclear whether the country will comply with other requests.
El Salvador’s national office did not immediately respond to a request for comment.
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The country Initially earned $ 1.4 billion funding in funding From the IMF in December 2024 in exchange for scaving back the initiatives associated with Bitcoin, among other things.
Some of these steps include making Bitcoin payments voluntarily and making US dollar tax payments.
El Salvador is currently holding 6,101 Bitcoin worth $ 534.5 million, According to In data from El Salvador’s National Bitcoin office.
The country has the sixth largest Bitcoin Stash of any country-state, just rides in the US, China, UK, Ukraine and Bhutan, Bitbo’s Bitcoin Treasury Data Shut up.
El Salvador started buying bitcoin in September 2021, when Bitcoin is made legal soft – It makes it the first country to do it.
The status of bitcoin as legal soft was narrow in January when El Salvador passed a law In January to volunteer the BTC’s acceptance for private sector traders.
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