El Salvador’s Bukele Denies Transferring Government Bitcoin Reserve to Private Operators
Uk Jin
Summary
- El Salvador’s president denied reports that the government had transferred its Bitcoin reserve of 7,763 tokens to private operators.
- He said claims that the Salvadoran government handed control of its Bitcoin reserve to private operators under an agreement with the International Monetary Fund (IMF) were false.
- Bukele said the only asset transferred was the stake in the Chivo wallet, not the strategic Bitcoin reserve, and that the outlet had misinterpreted the IMF statement.
Forecast Trend Report by Period
El Salvador President Nayib Bukele denied reports that the government had transferred its 7,763-Bitcoin reserve to private operators.
Wu Blockchain and other outlets reported on September 5 that the Salvadoran government had handed control of its Bitcoin reserve to private operators under an agreement with the International Monetary Fund. Bukele said that was not true.
“The only thing transferred was the stake in the Chivo wallet, not the strategic Bitcoin reserve,” Bukele said, adding that the outlet had misinterpreted the IMF statement.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.