IMF Cracks Down: El Salvador Told to Halt Bitcoin Buys

Krutika Adani

IMF Says "No More Bitcoin"

The IMF declares it will ensure El Salvador’s bitcoin stash remains unchanged, pushing back against President Bukele’s BTC ambitions.

A $1.4B Deal Comes With Strings

In return for a $1.4 billion loan, El Salvador agreed to limit bitcoin activities — a deal the IMF now aims to enforce strictly.

Bukele Doubles Down on Bitcoin

Despite the IMF’s stance, Bukele insists the bitcoin strategy won’t stop — especially after $357M in unrealized profit.

Bitcoin Law Amended

El Salvador's Congress amended its Bitcoin Law to comply, but Bukele’s silent response to the IMF’s new warning raises eyebrows.

Know more