Original archived Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
Scraped on 19/07/2025, 15:50:11 UTC
El Salvador hasn’t bought Bitcoin since signing loan deal, IMF saysThe International Monetary Fund (IMF) has already reported in its report that El Salvador has not been purchasing new Bitcoin since the loan agreement was signed. A report on Tuesday noted that El Salvador has not purchased Bitcoin since the December 2024 loan agreement was signed. The terms of the loan agreement stated that El Salvador could not purchase any Bitcoin using government funds.
The report also mentions that no new Bitcoin was deposited into the government wallet (Chivo Wallet) for depositing Bitcoin in the government sector and that what happened was not from the government sector but rather the public sector deposited BTC.
Bitcoin Magazines:
https://share.google/Vam5yfZCfwLHikmyS Yes, I saw it that way, the IMF report confirmed that El Salvador has not purchased any Bitcoin since signing the loan agreement. If the report is true, then El Salvador will destroy the confidence of other investors, everyone believed that El Salvador is constantly buying Bitcoin. We know that El Salvador is buying one Bitcoin every day, but the news says that El Salvador did not buy any Bitcoin in 2025. If that is the case, then why did El Salvador lie about accumulating Bitcoin? Maybe it played such a false drama to encourage other countries. But the truth is not yet known, let's see what Nayeb Bukele says about this issue.
