IMF: The government of El Salvador has agreed at the policy level not to actively increase its BTC holdings.

GateNews
BTC-4,11%

According to Foresight News, the International Monetary Fund (IMF) issued a statement saying that it will continue negotiations regarding El Salvador's Bitcoin project and the sale of the government's electronic wallet Chivo, and that significant progress has been made in the discussions. The IMF stated that the El Salvadoran government has agreed at the policy level not to actively increase its BTC holdings and is promoting the exit of the Chivo wallet. However, the official Bitcoin office of El Salvador currently claims it is still “buying 1 BTC daily” and stated on December 22 that its holdings have increased to 7509 coins. The IMF requires El Salvador to fully comply by the end of 2025 at the latest.

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