IMF says “stop buying crypto” and El Salvador buys 8 more BTC.
Correct me if I am wrong but from what I remember, they were limited to buy crypto. As well as the president’s crypto platform. But I don’t know if they were completely restricted from diving into crypto. Anyway, good for them.
El Salvador now holds nearly 6,200 BTC worth over $674M.
I remember people growing concerned about where El Salvador’s loyalty really lies if they were easily defeated by IMF when it comes to bitcoin but seems like we got our answer.