Binance Square
elsalvador
466,445 views
105 Discussing
Hot
Latest
asaph1
--
See original
🚀 El Salvador reaches a new record in Bitcoin holdings. El Salvador has reached a new milestone in its Bitcoin holdings, with a total of 6,000.77 BTC as of December 29, which is approximately 569.3 million dollars 📈. The National Bitcoin Office of the country reported this increase, which has boosted the return on Bitcoin investment to 108.02% 📊. Analysis of the event Implications for El Salvador: Acquiring more Bitcoin may be a strategy to diversify the country's foreign exchange reserves and take advantage of the growth potential of the cryptocurrency. Impact on the Bitcoin ecosystem: The increase in institutional adoption of Bitcoin may boost confidence in the cryptocurrency and attract more institutional investors. #Bitcoin #ElSalvador #Criptomonedas $BTC
🚀 El Salvador reaches a new record in Bitcoin holdings.

El Salvador has reached a new milestone in its Bitcoin holdings, with a total of 6,000.77 BTC as of December 29, which is approximately 569.3 million dollars 📈. The National Bitcoin Office of the country reported this increase, which has boosted the return on Bitcoin investment to 108.02% 📊. Analysis of the event

Implications for El Salvador: Acquiring more Bitcoin may be a strategy to diversify the country's foreign exchange reserves and take advantage of the growth potential of the cryptocurrency.

Impact on the Bitcoin ecosystem: The increase in institutional adoption of Bitcoin may boost confidence in the cryptocurrency and attract more institutional investors.

#Bitcoin #ElSalvador #Criptomonedas
$BTC
🇸🇻El Salvador's Bitcoin stash has hit 6,000 BTC, valued at $569M! 🚀 The country continues to cement its position as a Bitcoin advocate, joining the ranks of the US, China, the UK, Ukraine, and Bhutan. 🔹El Salvador's average purchase price: $45,450 per BTC 🔹Latest buy: 1 BTC on Dec. 29 🔹Holding strategy: No plans to sell! Bitcoin remains central to the country’s economic vision. Could other nations follow suit?💡 #Bitcoin #BTC #CryptoAdoption #ElSalvador
🇸🇻El Salvador's Bitcoin stash has hit 6,000 BTC, valued at $569M!
🚀
The country continues to cement its position as a Bitcoin advocate, joining the ranks of the US, China, the UK, Ukraine, and Bhutan.

🔹El Salvador's average purchase price: $45,450 per BTC
🔹Latest buy: 1 BTC on Dec. 29
🔹Holding strategy: No plans to sell!

Bitcoin remains central to the country’s economic vision. Could other nations follow suit?💡

#Bitcoin #BTC #CryptoAdoption #ElSalvador
🔥🔥El Salvador reaches 6,000 Bitcoin Milestone🚀🚀🚀El Salvador has reached a significant milestone with its Bitcoin holdings, surpassing 6,000 BTC. This marks another step in the country's ongoing adoption of Bitcoin as legal tender, a move that began in September 2021. President Nayib Bukele has been a key figure in this effort, frequently making Bitcoin purchases for the country's treasury. The government has utilized Bitcoin's volatility to its advantage, buying during market dips to accumulate more. As of now, El Salvador's Bitcoin holdings are valued at varying amounts depending on market conditions. However, the government's continued investment strategy highlights its belief in Bitcoin's long-term potential, despite criticisms and fluctuations in the crypto market. This 6,000 BTC milestone reflects the country's broader strategy of leveraging blockchain technology and cryptocurrencies to bolster its economy and financial inclusion efforts. #ElSalvador #ElSalvadorBTC #bitcoin $BTC {spot}(BTCUSDT) 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

🔥🔥El Salvador reaches 6,000 Bitcoin Milestone🚀🚀🚀

El Salvador has reached a significant milestone with its Bitcoin holdings, surpassing 6,000 BTC. This marks another step in the country's ongoing adoption of Bitcoin as legal tender, a move that began in September 2021. President Nayib Bukele has been a key figure in this effort, frequently making Bitcoin purchases for the country's treasury. The government has utilized Bitcoin's volatility to its advantage, buying during market dips to accumulate more.
As of now, El Salvador's Bitcoin holdings are valued at varying amounts depending on market conditions. However, the government's continued investment strategy highlights its belief in Bitcoin's long-term potential, despite criticisms and fluctuations in the crypto market. This 6,000 BTC milestone reflects the country's broader strategy of leveraging blockchain technology and cryptocurrencies to bolster its economy and financial inclusion efforts. #ElSalvador #ElSalvadorBTC #bitcoin $BTC
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Sherlene Rissman ENbO:
helo
See original
🙌 A FRIEND'S TIP FOR 2025! 💵 In every market cycle, people cry because altcoins go down for a period of time and leave the market furious. 💸When a strong rise comes, they regret and cry because they missed out on the hype and missed out on the great profits that the market has to offer. That's why few people actually make money in this market. A friendly tip, hold on to your coins, reinforce your positions and buy a lot taking advantage of the bearish cycles! ✅️A perpetual rule of the market is that money always flows from the impatient to the patient!💵 #BtcNewHolder #XmasCryptoMiracles #Binance #ElSalvador ❤️ LIKE 🫂 FOLLOW 📝 COMMENT ↪️ SHARE! {spot}(BTCUSDT) {spot}(XRPUSDT) {spot}(DOGEUSDT)
🙌 A FRIEND'S TIP FOR 2025! 💵

In every market cycle, people cry because altcoins go down for a period of time and leave the market furious.

💸When a strong rise comes, they regret and cry because they missed out on the hype and missed out on the great profits that the market has to offer.

That's why few people actually make money in this market.

A friendly tip, hold on to your coins, reinforce your positions and buy a lot taking advantage of the bearish cycles!

✅️A perpetual rule of the market is that money always flows from the impatient to the patient!💵

#BtcNewHolder #XmasCryptoMiracles #Binance #ElSalvador

❤️ LIKE 🫂 FOLLOW 📝 COMMENT ↪️ SHARE!
Square-Creator-faa8eff1433f0a1a3e91:
Eu passei por isso
See original
3 POSITIVE FACTS ABOUT EL SALVADOR. Opportunity for Binance based on El Salvador’s situation: 1. Expanding educational and financial services 📚💻 Despite the limited adoption of Bitcoin by the population in El Salvador, there is a huge opportunity to increase acceptance through educational programs. Binance could offer free courses on cryptocurrencies, digital wallet usage, and financial security, promoting its platform as the best option for transactions. This would strengthen its presence in the country while driving adoption of Bitcoin and other cryptocurrencies. 2. Payments and infrastructure solution 💳🔒 The IMF has suggested that the government limit its participation in the Chivo wallet, creating an opportunity for Binance to introduce its own wallet solution and payment platform. This would allow local businesses and citizens to use a trusted and globally recognized system to manage their cryptocurrencies, in line with the proposed regulations. 3. Promoting the growth of the cryptocurrency market 📈🌍 With the recent rise in the value of Bitcoin and the profit recorded by the Salvadoran government, Binance can promote campaigns highlighting the long-term benefits of investing in cryptocurrencies. The platform can attract local and international investors interested in the El Salvador market by offering advanced support for trading and staking directly in the country. Finally, Binance can position itself as a strategic partner in El Salvador, offering financial education, innovative solutions and reliable infrastructure to foster digital inclusion and expanded usage #binance #ElSalvador
3 POSITIVE FACTS ABOUT EL SALVADOR.

Opportunity for Binance based on El Salvador’s situation:

1. Expanding educational and financial services 📚💻
Despite the limited adoption of Bitcoin by the population in El Salvador, there is a huge opportunity to increase acceptance through educational programs. Binance could offer free courses on cryptocurrencies, digital wallet usage, and financial security, promoting its platform as the best option for transactions. This would strengthen its presence in the country while driving adoption of Bitcoin and other cryptocurrencies.

2. Payments and infrastructure solution 💳🔒
The IMF has suggested that the government limit its participation in the Chivo wallet, creating an opportunity for Binance to introduce its own wallet solution and payment platform. This would allow local businesses and citizens to use a trusted and globally recognized system to manage their cryptocurrencies, in line with the proposed regulations.

3. Promoting the growth of the cryptocurrency market 📈🌍
With the recent rise in the value of Bitcoin and the profit recorded by the Salvadoran government, Binance can promote campaigns highlighting the long-term benefits of investing in cryptocurrencies. The platform can attract local and international investors interested in the El Salvador market by offering advanced support for trading and staking directly in the country.

Finally,
Binance can position itself as a strategic partner in El Salvador, offering financial education, innovative solutions and reliable infrastructure to foster digital inclusion and expanded usage
#binance #ElSalvador
--
Bullish
El Salvador Amplifies Bitcoin Purchases as Reserves Surpass $574 Million El Salvador's government significantly increased its daily Bitcoin #BTC purchases last week, raising its acquisitions elevenfold on two separate occasions. Since November 2022, shortly after the collapse of crypto exchange FTX, the Central American nation has consistently purchased one Bitcoin daily. However, last Friday, El Salvador spent approximately $1.07 million to purchase 11 BTC, repeating the same volume on Sunday, as reported by the Bitcoin analytics platform Arkham. Max Keiser, a prominent Bitcoin advocate, revealed that President Nayib Bukele aims to accumulate 20,000 more Bitcoin as part of a broader interim strategy. This buying spree coincides with El Salvador securing a $1.4 billion credit facility from the International Monetary Fund (IMF). The IMF claimed this arrangement would "catalyze" an additional $3.5 billion in financing from the World Bank and other financial institutions. However, the UN-backed agency also disclosed that El Salvador agreed to scale back its cryptocurrency initiatives to secure the funding. As Bitcoin adoption evolves in El Salvador, these developments underscore the country's growing commitment to its cryptocurrency strategy while balancing international financial agreements. #Crypto2025Trends #BTCNextMove #ElSalvador $BTC $ETH $BNB #MicroStrategyInNasdaq100
El Salvador Amplifies Bitcoin Purchases as Reserves Surpass $574 Million

El Salvador's government significantly increased its daily Bitcoin #BTC purchases last week, raising its acquisitions elevenfold on two separate occasions.

Since November 2022, shortly after the collapse of crypto exchange FTX, the Central American nation has consistently purchased one Bitcoin daily. However, last Friday, El Salvador spent approximately $1.07 million to purchase 11 BTC, repeating the same volume on Sunday, as reported by the Bitcoin analytics platform Arkham.

Max Keiser, a prominent Bitcoin advocate, revealed that President Nayib Bukele aims to accumulate 20,000 more Bitcoin as part of a broader interim strategy.

This buying spree coincides with El Salvador securing a $1.4 billion credit facility from the International Monetary Fund (IMF). The IMF claimed this arrangement would "catalyze" an additional $3.5 billion in financing from the World Bank and other financial institutions. However, the UN-backed agency also disclosed that El Salvador agreed to scale back its cryptocurrency initiatives to secure the funding.

As Bitcoin adoption evolves in El Salvador, these developments underscore the country's growing commitment to its cryptocurrency strategy while balancing international financial agreements.

#Crypto2025Trends #BTCNextMove #ElSalvador $BTC $ETH $BNB #MicroStrategyInNasdaq100
--
Bullish
As Bitcoin reserves reach over $574,000,000, El Salvador increases daily Bitcoin purchases elevenfold for two days On two occasions last week, the El Salvadorian government increased its daily purchase of Bitcoin (BTC) by a factor of eleven. In November 2022, not long after the crypto exchange FTX collapsed, the Central American nation began purchasing one Bitcoin daily. El Salvador, on the other hand, spent almost $1.07 million on 11 Bitcoin on Friday, and another 11 Bitcoin on Sunday, according to the bitcoin data portal Arkham. According to Bitcoin supporter Max Keiser, El Salvador's president Nayib Bukele is increasing his purchases "with an interim goal of acquiring 20,000 more Bitcoin." These supplementary acquisitions follow El Salvador's recent acquisition of an IMF credit facility in the amount of $1.4 billion. Although the International Monetary Fund (IMF) stated that the facility would "catalyze" $3.5 billion in funding from the World Bank and other FIs, a UN financial agency asserted in a press release that El Salvador's government had agreed to curtail its cryptocurrency initiatives in order to facilitate the deal. #Crypto2025Trends #BTCNextMove #ElSalvador $BTC $ETH $BNB
As Bitcoin reserves reach over $574,000,000, El Salvador increases daily Bitcoin purchases elevenfold for two days

On two occasions last week, the El Salvadorian government increased its daily purchase of Bitcoin (BTC) by a factor of eleven.

In November 2022, not long after the crypto exchange FTX collapsed, the Central American nation began purchasing one Bitcoin daily.

El Salvador, on the other hand, spent almost $1.07 million on 11 Bitcoin on Friday, and another 11 Bitcoin on Sunday, according to the bitcoin data portal Arkham.

According to Bitcoin supporter Max Keiser, El Salvador's president Nayib Bukele is increasing his purchases "with an interim goal of acquiring 20,000 more Bitcoin."

These supplementary acquisitions follow El Salvador's recent acquisition of an IMF credit facility in the amount of $1.4 billion.

Although the International Monetary Fund (IMF) stated that the facility would "catalyze" $3.5 billion in funding from the World Bank and other FIs, a UN financial agency asserted in a press release that El Salvador's government had agreed to curtail its cryptocurrency initiatives in order to facilitate the deal.

#Crypto2025Trends #BTCNextMove #ElSalvador $BTC $ETH $BNB
--
Bullish
Matador Technologies is a company focused on digitizing assets like gold. Recently, it revealed its plan to acquire $4.5 Million in Bitcoin (BTC). The firm’s Board of Directors unanimously approved adding Bitcoin and USD-denominated assets to the corporate treasury. This move reflects Matador Technologies’s growing belief in Bitcoin’s potential as a reliable long-term capital preservation tool. The firm’s confidence in cryptocurrency as a store of value has been strengthened by increasing institutional interest, highlighted in VanEck’s recent report. Keep reading to learn about VanEck’s 2025 Bitcoin adoption predictions and the factors influencing Matador’s decision. {spot}(BTCUSDT) {spot}(ETHUSDT) {spot}(ENSUSDT) #MetadorMoveToBitcoin #Crypto2025Trends #MarketRebound #ElSalvador #Metador 🚀🚀🚀🚀🚀🚀🚀🚀
Matador Technologies is a company focused on digitizing assets like gold. Recently, it revealed its plan to acquire $4.5 Million in Bitcoin (BTC).
The firm’s Board of Directors unanimously approved adding Bitcoin and USD-denominated assets to the corporate treasury. This move reflects Matador Technologies’s growing belief in Bitcoin’s potential as a reliable long-term capital preservation tool.
The firm’s confidence in cryptocurrency as a store of value has been strengthened by increasing institutional interest, highlighted in VanEck’s recent report.

Keep reading to learn about VanEck’s 2025 Bitcoin adoption predictions and the factors influencing Matador’s decision.

#MetadorMoveToBitcoin #Crypto2025Trends
#MarketRebound
#ElSalvador
#Metador
🚀🚀🚀🚀🚀🚀🚀🚀
See original
El Salvador Adjusts Bitcoin Policy, Makes Concessions to IMF to Receive $3.5 Billion LoanEl Salvador, the first country in the world to recognize Bitcoin as legal tender, has had to scale back its acceptance $BTC to meet the International Monetary Fund (IMF)'s conditions for a $3.5 billion loan. Bitcoin Policy Changes The Presidential Administration #NayibBukele has agreed with the IMF on the following key adjustments: 1. Stop Mandatory Acceptance of Bitcoin: Private businesses will no longer be required to support payments in BTC.

El Salvador Adjusts Bitcoin Policy, Makes Concessions to IMF to Receive $3.5 Billion Loan

El Salvador, the first country in the world to recognize Bitcoin as legal tender, has had to scale back its acceptance $BTC to meet the International Monetary Fund (IMF)'s conditions for a $3.5 billion loan.

Bitcoin Policy Changes

The Presidential Administration #NayibBukele has agreed with the IMF on the following key adjustments:
1. Stop Mandatory Acceptance of Bitcoin: Private businesses will no longer be required to support payments in BTC.
See original
El Salvador strengthens its reserves with 11 BTC 💪 El Salvador has added 11 BTC (approximately $1.06 million) to its strategic Bitcoin reserves. This action comes amid plans to accelerate Bitcoin purchases and following a $1.4 billion loan agreement with the IMF, which could lead to the discontinuation of the official Chivo wallet and make Bitcoin payments voluntary. #Bitcoin #ElSalvador #ReservasEstrategicas $BTC
El Salvador strengthens its reserves with 11 BTC 💪

El Salvador has added 11 BTC (approximately $1.06 million) to its strategic Bitcoin reserves. This action comes amid plans to accelerate Bitcoin purchases and following a $1.4 billion loan agreement with the IMF, which could lead to the discontinuation of the official Chivo wallet and make Bitcoin payments voluntary.

#Bitcoin #ElSalvador #ReservasEstrategicas $BTC
🇸🇻 El Salvador Bolsters BTC Reserves with 11 More Coins 🇸🇻 🌎 El Salvador strengthens its Bitcoin stance by adding 11 BTC to its national reserves. 📉 BTC Status: -0.48% A steady march toward becoming the crypto capital of the world! 💼 #ElSalvador #BitcoinAdoption #BTC #CryptoReserves
🇸🇻 El Salvador Bolsters BTC Reserves with 11 More Coins 🇸🇻

🌎 El Salvador strengthens its Bitcoin stance by adding 11 BTC to its national reserves.
📉 BTC Status: -0.48%
A steady march toward becoming the crypto capital of the world! 💼
#ElSalvador #BitcoinAdoption #BTC #CryptoReserves
--
Bullish
El Salvador Adds to Its Bitcoin Holdings! 🇸🇻🚀 #ElSalvador continues its #Bitcoin accumulation strategy: 🔘 New Purchase: 11 BTC (~$1M) 🔘 Recent Acquisitions: 25 BTC (~$2.4M) since securing the IMF loan ( in Last 2 Days ) 🔘 Treasury Holdings: 5,993.77 BTC (~$579.95M) 🔘 Last 30-Day: +53 BTC (~$5.13M) A bold step forward for the first nation to adopt Bitcoin as legal tender. $HIVE $IDEX $DF
El Salvador Adds to Its Bitcoin Holdings! 🇸🇻🚀

#ElSalvador continues its #Bitcoin accumulation strategy:
🔘 New Purchase: 11 BTC (~$1M)
🔘 Recent Acquisitions: 25 BTC (~$2.4M) since securing the IMF loan ( in Last 2 Days )
🔘 Treasury Holdings: 5,993.77 BTC (~$579.95M)
🔘 Last 30-Day: +53 BTC (~$5.13M)

A bold step forward for the first nation to adopt Bitcoin as legal tender.

$HIVE $IDEX $DF
See original
💰 El Salvador increases daily Bitcoin purchases and aims for 20,000 BTC 🚀 The senior Bitcoin advisor to the president of El Salvador, Max Keiser, has revealed that President Nayib Bukele has intensified daily Bitcoin purchases in the country. The medium-term goal is to acquire an additional 20,000 Bitcoins, according to Odaily. This increase in Bitcoin purchases reinforces El Salvador's commitment to the cryptocurrency, becoming the first country to adopt Bitcoin as legal tender. The impact on the market and the national economy is significant, as it could attract more investments and improve liquidity. - El Salvador seeks to consolidate its position as a leader in Bitcoin adoption. - Daily purchases could stabilize Bitcoin's price globally. - The goal of 20,000 BTC reflects the government's confidence in the potential of the cryptocurrency. This move by El Salvador could inspire other countries to consider adopting Bitcoin, marking a milestone in the evolution of cryptocurrencies. 🌍 #Bitcoin #ElSalvador #Criptomonedas 📈$BTC
💰 El Salvador increases daily Bitcoin purchases and aims for 20,000 BTC 🚀

The senior Bitcoin advisor to the president of El Salvador, Max Keiser, has revealed that President Nayib Bukele has intensified daily Bitcoin purchases in the country. The medium-term goal is to acquire an additional 20,000 Bitcoins, according to Odaily.

This increase in Bitcoin purchases reinforces El Salvador's commitment to the cryptocurrency, becoming the first country to adopt Bitcoin as legal tender. The impact on the market and the national economy is significant, as it could attract more investments and improve liquidity.

- El Salvador seeks to consolidate its position as a leader in Bitcoin adoption.

- Daily purchases could stabilize Bitcoin's price globally.

- The goal of 20,000 BTC reflects the government's confidence in the potential of the cryptocurrency.

This move by El Salvador could inspire other countries to consider adopting Bitcoin, marking a milestone in the evolution of cryptocurrencies. 🌍 #Bitcoin #ElSalvador #Criptomonedas 📈$BTC
🎙Bitcoin Office Director Stacy Herbert says: “El Salvador will continue buying #bitcoin at possibly an accelerated pace for its Strategic #BitcoinReserve .” ➡️ #elsalvador had also bought 11 Bitcoin worth over $1 Million for their Strategic Bitcoin Reserve yesterday.
🎙Bitcoin Office Director Stacy Herbert says:

“El Salvador will continue buying #bitcoin at possibly an accelerated pace for its Strategic #BitcoinReserve .”

➡️ #elsalvador had also bought 11 Bitcoin worth over $1 Million for their Strategic Bitcoin Reserve yesterday.
KH JADEJA
--
#ElSalvadorBTCReserve BTC Price Drop Again Price Pump For 2025 BullRun ?

1. Adoption of Bitcoin as Legal Tender (September 2021)

El Salvador became the first country in the world to adopt Bitcoin as legal tender alongside the US dollar.

The government launched the Chivo wallet to facilitate Bitcoin transactions and gave citizens incentives like $30 in Bitcoin for signing up.

2. Building Bitcoin Reserves

El Salvador began purchasing Bitcoin for its national reserves.

By 2024, the country accumulated 5,968 BTC, valued at approximately $598 million.

3. Bitcoin Bonds and "Bitcoin City"

El Salvador proposed "volcano bonds" to raise funds for building Bitcoin City, powered by geothermal energy from volcanoes.

The initiative aimed to attract global Bitcoin investors.

4. IMF Loan Agreement (December 2024)

El Salvador secured a $1.4 billion loan agreement with the International Monetary Fund (IMF).

Conditions of the deal:

Voluntary Bitcoin use for businesses (removing the mandatory requirement).

Reducing public sector involvement in Bitcoin-related activities.

Discontinuation or sale of the Chivo wallet to limit government exposure to cryptocurrency risks.

5. Continued Bitcoin Purchases

Despite IMF conditions, the government reaffirmed its commitment to Bitcoin as a strategic asset.

On December 20, 2024, El Salvador purchased an additional 11 BTC for $1.07 million.

6. Role of Binance and Strategic Partnerships

Binance, one of the world's largest cryptocurrency exchanges, has reportedly supported El Salvador in managing Bitcoin-related operations.

Collaboration with Binance aims to:

Enhance cryptocurrency infrastructure.

Increase transparency in Bitcoin reserves management.

7. Future Goals and Challenges

Government's Vision: Strengthen its position as a global leader in Bitcoin adoption.

IMF Concerns: The IMF has raised concerns about financial stability, urging the country to limit exposure to Bitcoin.

Summary

#BTCNextMove
#USUALBullRun
#FranklinCryptoETF
#ElSalvadorBTCReserve

See original
El Salvador Adjusts Bitcoin Strategy According to 1.4 Billion USD Agreement with IMFAfter four years of negotiations, El Salvador secured a loan agreement of 1.4 billion USD from the International Monetary Fund (IMF). However, this agreement comes with many conditions requiring the Central American nation to significantly adjust its strategy regarding Bitcoin. Major Changes in Strategy According to the agreement: • Bitcoin is no longer mandatory: The acceptance of Bitcoin will become voluntary for the private sector.

El Salvador Adjusts Bitcoin Strategy According to 1.4 Billion USD Agreement with IMF

After four years of negotiations, El Salvador secured a loan agreement of 1.4 billion USD from the International Monetary Fund (IMF). However, this agreement comes with many conditions requiring the Central American nation to significantly adjust its strategy regarding Bitcoin.

Major Changes in Strategy

According to the agreement:
• Bitcoin is no longer mandatory: The acceptance of Bitcoin will become voluntary for the private sector.
El Salvador is making significant changes to its Bitcoin policies as part of a $1.4 billion loan agreement with the IMF. The country will now make Bitcoin acceptance voluntary for businesses and scale back its involvement with the Chivo wallet, which has seen limited use. This shift aims to stabilize the economy and reduce the public debt-to-GDP ratio, which peaked at 85% in 2024. Despite these changes, El Salvador plans to continue purchasing Bitcoin for its reserves. #ElSalvador #Bitcoin #IMF #Cryptocurrency #EconomicReform
El Salvador is making significant changes to its Bitcoin policies as part of a $1.4 billion loan agreement with the IMF. The country will now make Bitcoin acceptance voluntary for businesses and scale back its involvement with the Chivo wallet, which has seen limited use. This shift aims to stabilize the economy and reduce the public debt-to-GDP ratio, which peaked at 85% in 2024. Despite these changes, El Salvador plans to continue purchasing Bitcoin for its reserves.

#ElSalvador #Bitcoin #IMF #Cryptocurrency #EconomicReform
🇸🇻 #elsalvador says it will continue buying #Bitcoin , possibly at an accelerated pace for its strategic reserve. 👀📈
🇸🇻 #elsalvador says it will continue buying #Bitcoin , possibly at an accelerated pace for its strategic reserve. 👀📈