#imfgrantswaiverforelsalvadorbitcoinbreach
šØ The IMF just waived El Salvadorās Bitcoin-related breach and released another $138 MILLION.
The waiver came after El Salvador failed to meet a condition related to $BTC accumulation under its $1.4B IMF program.
But thereās an important catch:
The IMF says no further public Bitcoin accumulation is expected, except for documented donations, while the government is also being pushed to reduce its direct involvement in Bitcoin-related activities.
So the message is clear:
$138M released ā
Bitcoin breach waived ā
More government BTC buying ā
El Salvadorās Bitcoin experiment is entering a new phase. šøš»
#BTC #bitcoin #ElSalvador #IMF
šØ The IMF just waived El Salvadorās Bitcoin-related breach and released another $138 MILLION.
The waiver came after El Salvador failed to meet a condition related to $BTC accumulation under its $1.4B IMF program.
But thereās an important catch:
The IMF says no further public Bitcoin accumulation is expected, except for documented donations, while the government is also being pushed to reduce its direct involvement in Bitcoin-related activities.
So the message is clear:
$138M released ā
Bitcoin breach waived ā
More government BTC buying ā
El Salvadorās Bitcoin experiment is entering a new phase. šøš»
#BTC #bitcoin #ElSalvador #IMF
