El Salvador defies agreement with IMF and buys 12 more Bitcoins for reserves
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2025-01-21 11:01 9,783
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Golden Finance reported that despite El Salvador’s previous agreement with the International Monetary Fund to roll back some of the country’s crypto policies, the country still purchased 12 Bitcoins as its reserves in the past day.
In an X post on January 19, the country’s National Bitcoin Office said it purchased 11 more Bitcoins worth over $1 million. At the same time, 1 Bitcoin was purchased on January 20 for $106,000.