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El Salvador defies IMF by continuing its daily Bitcoin purchases

El Salvador’s government is pressing ahead with a ‘1 BTC a day’ purchasing policy. They acquired 30 BTC last week alone, defying the IMF’s agreement which aims to limit public sector Bitcoin transactions.

Stacy Herbert of the Bitcoin Office assures Bitcoin remains legal tender in El Salvador. This commitment raises questions about the feasibility of adhering to IMF stipulations and the nation’s Bitcoin strategy moving forward.

This is community-generated content, not advice from ONUS.
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