El Salvador’s Bukele says Bitcoin buys will continue amid IMF pressure

840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTIvMDE5M2FiNjYtMmJiNi03MGMwLWJkZjMtNjhkMjQ4MWNlZGRj

El Salvador President Nayib Bukele says the country will keep buying at least one Bitcoin a day, despite pressure from the International Monetary Fund.

El Salvador President Nayib Bukele said his government won’t stop buying Bitcoin despite a new request from the International Monetary Fund to stop.

The IMF issued a new request on March 3 for an extended arrangement under its $1.4 billion fund facility to El Salvador, which called on the country’s public sector to stop voluntarily accumulating Bitcoin (BTC).

“No, it’s not stopping,” Bukele said in a March 4 X post, confirming El Salvador wouldn’t comply with the IMF’s request.

Read more

Subscribe for The Latest Crypto News and deals.

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

World Wide Crypto will use the information you provide on this form to be in touch with you and to provide updates and marketing.