The International Monetary Fund Agreement raises questions about the long -term bitcoin BTC strategy in El Salvador despite the new purchases, as El Salvador continues to buy the currency despite its agreement with the fund.
President El Salvadori Naguib Bokili denied the speculation that his country would stop buying bitcoin, and stressed that it will continue to buy regardless of external pressures.
“All this will stop in April. All this will stop in June. All this will stop in December. No, it will not stop. If it does not stop when we rejected the world and most of the” bitcoin holders “abandon us, it will not stop now, and it will not stop in the future.”
After Bokili’s comments, the National Bureau of Bitcoin in El Salvador confirmed a new bought for bitcoin, which raised the total country’s possessions to 6.101 thousand Bitcoin BTC currencies, at a value of approximately $ 530 million.
Bokili’s advertisement comes amid reports that El Salvador agreed to limit the government’s direct participation in activities related to Bitcoin BTCK, and the International Monetary Fund stated that the state should provide tougher control over digital assets in line with the advanced global financial regulations.
El Salvador is voluntarily prevented from purchasing Bitcoin BTC as part of that arrangement, including through mining operations, and the only exception applies to BTC currencies obtained through confiscations, confiscations or other legal implementation procedures.
This development comes after the previous country’s agreement to alleviate its policies related to BTC’s BTC in exchange for a 1.4 billion dollar financial aid package from the International Monetary Fund, as the conditions require the removal of the compulsory bitcoin acceptance of business and the suspension of payment of taxes in Bitcoin.
Bokili’s statement sparked mixed reactions within the digital currency community, while some people on its continued support for BTCC, calling on others to more transparency on how El Salvador dealt with its obligations towards the International Monetary Fund.
The CEO of Jan3, Samson Mo, suggested that Bokille explain how the country intends to preserve its BTC strategy in light of the new organizational restrictions.
Likewise, John Carvio, CEO of Synonym, demanded to know the details about the long -term government plan, saying: “It seems that the International Monetary Fund news clearly prohibits what you are doing, yet you have accepted the deal, what is your plan and what do you think it will happen after that?”
Stacy Herbert, director of the National Bureau of Bitcoin in El Salvador, criticized those who questioned the government’s commitment, saying: “Some bitcoins” who are on the Bitcoin “BTC” trust in the words of the International Monetary Fund more than the actions of Salvador forever on the Bitcoin series.
