Salvador accumulates 7 Bitcoin last week, despite the International Monetary Fund deal

The government of El Salvador continues to accommodate Bitcoin (BTCThe National Crypting Reserve, despite a continuous agreement with the International Monetary Fund (IMF), which states that the Central American country stops using public funds to buy bitcoin as one of the terms of the loan agreement.

according to Data From the Bitcoin office, the country has acquired an additional seven BTC in the past seven days, thus reaching 6173 BTC, at a value of more than $ 637 million.

Bitcoin office in El Salvador continued A fixed pace for Bitcoin acquisitions Months after the signing of the International Monetary Fund agreement and no sign of bitcoin purchases to stop.

Central America is one of the only countries that bitcoin buy actively in open market operations and the will of the National Treasury strategy Bitcoin As a plan for other countries Also looking at the strategic Bitcoin reserves, according to CEPTO executives.

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El Salvador is still defied against the pressure of the International Monetary Fund

Salvador A loan agreement has signed $ 1.4 billion With the International Monetary Fund in December 2024. As part of this agreement, the country’s government agreed to abolish the law of bitcoin and make bitcoin payment voluntary.

The agreement also stipulated that Al Salvador must expand the scope of bitcoin accumulation, and refrain from using public funds to finance bitcoin purchases.

In addition, the deal from the government required the privatization of the Chivo portfolio, which was publicly funded but did not witness a great use among the population.

In January 2025, legislators in the Central American country canceled the Bitcoin legal bid law in a 55-2 vote in Congress, although this did nothing to stop or slow acquisitions of bitcoin.

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International Monetary Fund He issued another request to The Bitcoin stop bitcoin in March 2025, repeat the original conditions of the agreement. However, the President of El Salvador Naeb Pokil pushed back against requests.

The agent confirmed that the country will not stop bitcoin purchases or slow down its accumulation from BTC in the face of the escalating pressure from the UNHCR financial institution.

“No, it does not stop. If this does not stop when the world rejects us, and most“ Bitcoiners ”abandoned, it will not stop now, and will not stop in the future,” Bohur wrote on March 4 x. mail.

magazine: The head of the National Bitcoin in El Salvador was Argentina, an orange,