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Bitcoin

The International Monetary Fund confirms that El Salvador is compatible with a plan to stay away from bitcoin despite the accumulation of BTC

The International Monetary Fund (IMF) confirmed that El Salvador complies with an agreement to retract the use of bitcoin (BTC) as a backup asset.

In new JournalistThe International Monetary Fund is dealing with a question from the IN Group Financial Software Company asking how Al Salvador still accumulates BTC despite agreeing to stop making more purchases as part of the loan agreement.

President of El Salvador Naeb P.O. I pushed back Against these circumstances earlier this year, saying,

“All this stops in April.” “All this stops in June.” “All this stops in December.”

No, it does not stop.

If it does not stop when the world rejects us and abandoned most of the “bitcoiners”, it will not stop now, and it will not stop in the future.

Evidence of action> evidence of whining. “

Data from Blockchain “De-Anymoser” Arkham He explains that the El Salvador government has obtained one BTC every day for some time.

But Rodrigo Valdes, director of the Western Ball Department at the International Monetary Fund, says that despite these purchases, the country is still working within the “performance standards” set by the International Monetary Fund.

“With regard to El Salvador, let me say that I can make sure they are continuing to comply with their commitment to the lack of accumulation of bitcoin by the public financial sector, which is the performance standards that we have. But moreover, I think this is very important to discuss in El Salvador.

El Salvador does not revolve around Bitcoin. It is much more and deeper into structural reforms, in terms of judgment, in terms of transparency. There is a lot of progress there. Also, on the finance. The authorities have made a lot of progress in implementing the reform. “

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Distinguished Image: Shutterstock/Kitti Suwanekkasit/Chuenmanuse

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