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The Salvadoral government has added more than 13 bitcoins to its reserves from March 1, which openly annoys the conditions for a loan of $ 1.4 billion provided by the International Monetary Fund. Despite international pressures, President Nayib Bukele claims that nothing will prevent his country’s strategy.
Strategy of Bitcoin accumulation that persists in spite of pressures
The Salvadoral government has received 13 other bitcoins from March 1, 2025, increasing its total reservation to more than 6,105 BTCs, which is equivalent to $ 527 million during the current course.
This accumulation continued despite the strict conditions stored by the International Monetary Fund in connection with a loan of $ 1.4 billion provided in December 2024.
These acquisitions are contrary to the IMF requirements, which asked Salvador to reduce the involvement of the public sector in Bitcoins and cancel its legal currency status.
Although the Salvadio Congress changed certain laws in January 2025 to partially comply with the agreement, the abolition voted 55 votes to 2, the government never stopped its daily accumulation strategy.
On 3 March, who faced this resistance, the IMF released a new warning and required not only the stopping of Bitcoins, but also prohibits the country to issue debt or token titles associated with the cryptocurrency.
BUKELA vision attracts the main players in the cryptological sector
President Nayib Bukele responded with the strength of the new IMF requirements and described these pressures as a simple “moan” without consequences on its national strategy.
” If it did not stop when the world scared us and most bitcoiners left us, it will not stop it and it will not stop in the future“He publicly said and reaffirmed his vision of financial independent Salvador.
This inflexible position is part of a larger strategy focused on the transformation of the salvadoral economy and reducing its dependence on the US dollar. Since 2021, the country has been set on bitcoins as a lever for economic transformation, uses it as a reserve of value against inflation and as an attractive tool for international investors in the financial technology sector.
The perseverance of Salvador has already begun to bring fruit in the global crypto ecosystem. Bitfinex derivatives announced 7th January.
In this process, TheTher, the Stablecoin USDT transmitter, also announced on 13 January that he had moved his headquarters in this country in Central America, strengthening the credibility of Salvador as a world cryptographic center.
Salvador continues his bitcoins bet, paradoxically uses the IMF loan as an economic shield and continues to find financial sovereignty through Kryptos.
Among the institutional mistrust and an alternative economic vision, Nayib Bukele excels as an unprecedented financial laboratory, the result of which could affect the future acceptance of bitcoins by other nations.
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Passionate Bitcoin, I like to explore meanders blockchain and cryptos and share my discoveries with the community. My dream is to live in a world where privacy and financial freedom is guaranteed for everyone, and I firmly believe that Bitcoin is a tool that can make it possible.
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