IMF says “stop buying crypto” and El Salvador buys 8 more BTC.
A fresh $1.4B loan deal urges limits but Bukele’s Bitcoin Office isn’t backing down.
The legal loophole is that the office isn’t part of the fiscal sector so daily buys roll on,
IMF praises economic progress but can’t stop the sats stacking,
El Salvador now holds nearly 6,200 BTC worth over $674M.
A fresh $1.4B loan deal urges limits but Bukele’s Bitcoin Office isn’t backing down.
The legal loophole is that the office isn’t part of the fiscal sector so daily buys roll on,
IMF praises economic progress but can’t stop the sats stacking,
El Salvador now holds nearly 6,200 BTC worth over $674M.
It is truly unimaginable that El Salvador has advertised its Bitcoin strategy amidst international scrutiny
Bukele is giving the IMF the thumbs up
Yahh, El Salvador began accepting bitcoins in large quantities as part of a $1.4 billion loan agreement, prompting the International Monetary Fund to prohibit it from accepting more bitcoins. But El Salvador doing smarter by using Bitcoin Office, so that they are not accused of violating the IMF's rules directly lol
HODLING 6,200 BTC ! !
, Nayib Bukele is just doing awesome. If he got a chance, he would probably recognize Bitcoin as the main currency of his country He is just giving other nations a psychological strength to adopt Bitcoin in any situation
