IMF Contradicts El Salvador’s Bitcoin Purchase Claims

IMF Contradicts El Salvador’s Bitcoin Purchase Claims
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The IMF has disputed El Salvador’s claims of daily Bitcoin purchases, stating no new BTC has been acquired since December 2024. The discrepancy arises from how the Chivo wallet manages reserves.

  • IMF report denies El Salvador's claim of daily Bitcoin purchases since December 2024.
  • Chivo wallet’s reserve accounting creates discrepancies in reported BTC holdings.
  • Central bank and finance minister’s letter confirms no new BTC acquisitions.
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