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IMF to Restrict El Salvador from Buying and Mining Bitcoin

The International Monetary Fund has imposed strict conditions on El Salvador as part of a $1.4 billion loan. The country must now stop government Bitcoin purchases and mining. It is also banned from issuing debt or tokens linked to BTC, and its participation in the crypto economy will be limited. Stricter regulations on digital assets are expected

Despite this, President Nayib Bukele continues to buy BTC, increasing the country’s balance to 6,100 BTC!

We hope El Salvador can maintain its crypto strategy!

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