Al Salvador says that bitcoin purchases will continue amid the pressure of the International Monetary Fund

The President of El Salvador Naeb Bocley said his government will not stop buying bitcoin despite a new request from the International Monetary Fund to stop.

The International Monetary Fund issued a new request on March 3 to obtain an extended ranking under its facilitation of $ 1.4 billion to El Salvador, which invited the country’s public sector to voluntarily stop the accumulation of bitcoin (BTC).

“No, it does not stop,” Bokley said on March 4 x mailAl Salvador’s assertion will not comply with the International Monetary Fund’s request.

He added: “If this does not stop when the world rejects us and abandoned most of them from Bitcoiners, this will not stop now, and it will not stop in the future.”

Al Salvador continued for her buying Among the bitcoin is at least one daily on March 4 as part of the Treasury strategy in Central America.

On March 3, the March 3, Al -Salvador, also requested that bitcoin mining activities be stopped and restricted the publication of the public debt or tools that are compared or index in Bitcoin.

Although Bukele made it clear that El Salvador will continue to accurate Bitcoin, it is not clear whether the country will comply with other requests.

The National Bitcoin Office in El Salvador did not immediately respond to the request for comment.

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The country initially obtained a $ 1.4 billion financing deal from the International Monetary Fund in December 2024 to expand its bitcoin initiatives, among other things.

Some of these measures included voluntary Bitcoin payments and tax payments in US dollars.

El Salvador currently owns 6,101 bitcoin with a value of $ 534.5 million, According to To data from the National Bitcoin Office for Salvador.

The country enjoys the sixth largest hidden from Bitcoin for any national country, only behind the United States, China, the United Kingdom, Ukraine and Patan, and the Bitbook’s Bitbo’s Bitbo Data He appears.

El Salvador began to buy Bitcoin in September 2021, when Bitcoin became a legal tender – making it the first country to do so.

Bitcoin’s status was narrowed as a legal tendency in January when El Salvador passed a law in January to make BTC’s acceptance voluntary for private sector traders.

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