
Bitcoin.com News|Mar 10, 2025 09:17
Recent statements about El Salvador's compliance with the 1.4 billion IMF credit facility deal have left bitcoiners scratching their heads! 🇸🇻💰
While Salvadoran authorities committed to suspending public sector Bitcoin acquisitions and closing Chivo wallet operations, these measures haven't been executed yet. 🤔🔍
The IMF claims Salvadoran actions are "consistent with the agreed program conditionality," but analysts are confused by the apparent contradictions. 📉
Jonh Dennehy, founder of Mi Primer Bitcoin, suggests two possibilities: El Salvador might be moving Bitcoin between wallets while claiming to purchase more, or they could be receiving donations from private partners like Tether. 💡💸
Despite the uncertainty, El Salvador has added 17 BTC to its public address recently, bringing its total to 6,111.18 BTC in its strategic reserve! 📈🔒
What do you think about this situation? Let us know! 💬
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