Summary
- El Salvador reported that it has purchased an additional 12 Bitcoins (BTC) after adopting Bitcoin as legal tender.
- Currently, El Salvador holds a total of 6044 BTC, which is equivalent to approximately $610 million.
- Despite the agreement with the IMF to reduce virtual asset-related activities, this purchase indicates no change in the Bitcoin policy stance.
El Salvador, which has adopted Bitcoin (BTC) as legal tender, has been confirmed to have purchased an additional 12 Bitcoins in a single day.
According to Cointelegraph on the 21st (local time), El Salvador purchased 12 more Bitcoins in one day, despite agreeing to reduce virtual asset-related activities through an agreement with the International Monetary Fund (IMF). As a result, El Salvador is currently holding 6044 BTC (approximately $610 million).
Meanwhile, last month, El Salvador's President Nayib Bukele signed a $1.4 billion funding agreement with the IMF. As part of the agreement, the country agreed to reduce some of its virtual asset-related activities, but this additional purchase is interpreted as indicating no change in its Bitcoin policy stance.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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