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IMF Asks El Salvador to Purchase No More Bitcoin In Return for Upto $3.5B EFF

source-logo  coingape.com 28 May 2025 08:30, UTC
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In the latest development, IMF and El Salvador have reached a preliminary agreement with $1.4 billion extended loan program, but with conditions. IMF maintains its no more Bitcoin stance and made it clear condition to access extended fund facility of upto $3.5B. It has also asked El Salvodar govt. to discontinue chevo wallet access to public by July 1, 2025. Will Nayib Bukele give up his Bitcoin obsession?

coingape.com