IMF
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El Salvador Adds 11 Bitcoin to Its Reserves Despite IMF Deal to Limit Adoption
- January 21, 2025
- Posted by: newworldfinance
- Category: Crypto
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El Salvador’s Bitcoin Office announced on Jan. 20 that it has added 11 BTC to its Strategic Bitcoin Reserve. At current prices, this addition is worth over $1 million. The move comes shortly after the country promised the International Monetary Fund (IMF) that it would limit its Bitcoin adoption in exchange for a $1.4 billion loan.