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El Salvador's $666 million Bitcoin reserve survives IMF review
Original: El Salvador’s $666 million Bitcoin reserve survives IMF review
El Salvador's roughly $666 million Bitcoin reserve has passed an International Monetary Fund review unchanged. Despite the IMF's earlier concerns over the country's Bitcoin policies, the holdings remain in place, signaling continued room for the government's crypto strategy. Observers see the outcome as a sign that El Salvador's position as a state Bitcoin holder is proving more durable than critics expected.
Why now: The IMF review outcome matters to crypto watchers tracking state Bitcoin adoption and El Salvador's compliance with its IMF program.
El SalvadorInternational Monetary FundBitcoin
Evidence
- El Salvador’s $666 million Bitcoin reserve survives IMF review · cryptoslate.com
- El Salvador’s $666 million Bitcoin reserve survives IMF review · CryptoRank
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