El Salvador resists the IMF again and continues to buy Bitcoin despite credit conditions

As part of his loan contract, El Salvador has secured a payment of $ 120 million from the IMF over $ 1.4 billion, but only after the commitment to reduce the government's direct participation in Bitcoin business.

The country must hire the use of the state chivo wallet by the end of July and maintain the current Bitcoin stocks without further state purchases.

Despite these conditions, the government of President Nayib Bukele collects furthermore Still and quiet Bitcoin.

The country's Bitcoin office confirmed a further purchase, which increased El Salvador's total stocks to over 6.190 BTC. Bukele claims that the national portfolio has now increased by 132%, with an unrealized profit of $ 386 million.

While the IMF reminds of caution again, El Salvador holds on his Bitcoin strategy and reports reportedly a BTC every day. Some speculate that the government may use third-party companies to stay technically within the IMF guidelines and at the same time further expand their crypto reserves.

This delicate balancing act underlines the growing tensions between traditional financial rules and new guidelines for digital assets.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.