El Salvador, the first country in the world to adopt Bitcoin as legal soft, continues to buy cryptocurrency despite a $ 1.4 billion in International Monetary Fund (IMF) loan agreement that includes provisions that disturb further accumulation.
Government Treasury Wallet currently holds 6,209 Bitcoin (Btc), has been added 240 BTC since December 19, 2024, after announcing the IMF deal, According to In data from El Salvador’s Bitcoin office.
In December, El Salvador struck a deal with the IMF For a $ 1.4 billion loan, the government is asking the government to overthrow Bitcoin’s status as a legal soft and stop public accumulation at BTC.
However, the country continues to buy one BTC per day, an approach introduced by President Nayib Buklele in 2022.
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When asked about purchases, Rodrigo Valdes, director of the IMF’s Western Hemisphere department, said the country remains the following technology. “El Salvador continues to comply with their promise of non -Bitcoin accumulation of the general sector of fiscal,” Valdes Says In an April 26th news news.
Others are pointing to “Flexible” of IMF deal Interpretation as the key to El Salvador’s continued acquisition.
“The ‘flexible interpretation’ of the IMF suggests purchases may be involved in non-public sector entities or reclassified assets, maintaining technical compliance,” said Anndy Lian, author and intergovernmental blockchain adviser, maintaining this image of “Alternative IMF.
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Crypto remittances decrease by 2025
While El Salvador’s bitcoin accumulation appears to be unaffected, cryptocurrency remittance payments in the country fell dramatically in 2025.
Cryptocurrency transfer to Salvadoran Wallets fell 44.5% in the first quarter of the year from the same period last year, According to In data from the Central Reserve Bank shared by Diario, a local media news outlet.
Crypto remittance payments fell to $ 16 million in the first quarter of 2025, representing 0.52% of total remittances received in the country, a $ 12.8 million decline from $ 28.3 million received in the first quarter of 2024, when the crypto payment costs 1.08% of total remittances.
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