El Salvador’s government, under President Nayib Bukele, plans to accelerate Bitcoin purchases despite needing to adjust policies per IMF requirements. The National Bitcoin Office confirmed the ongoing acquisitions, indicating a strong commitment to the Bitcoin strategy.
Since 2021, Bitcoin has been legal tender in El Salvador, alongside the U.S. Dollar, requiring businesses to accept it. The recent IMF agreement modifies Bitcoin’s status, making it optional in the private sector.
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