Bu makaleyi paylaş
IMF Says 'Efforts Will Continue' to Ensure El Salvador Doesn't Accumulate More BTC
El Salvador has kept purchasing bitcoin, but the IMF seems unfazed.
27 May 2025 ös 9:36 AI tarafından çevrildi
What to know:
- The International Monetary Fund (IMF) is working to ensure that El Salvador's bitcoin holdings remain unchanged.
- El Salvador agreed to a $3.5 billion loan package with the IMF, which included conditions on bitcoin's status and accumulation.
- Despite the agreement, El Salvador has continued to increase its bitcoin holdings, with President Bukele stating that purchases will not stop.
The International Monetary Fund (IMF) stated on Tuesday that "efforts will continue" to make sure that the total amount of bitcoin held by El Salvador's government does not change.
Back in March, El Salvador reached an agreement with the IMF to receive a $3.5 billion loan package. Some of the conditions of that deal concerned bitcoin: for example, the cryptocurrency officially lost its status as legal tender, meaning that merchants no longer need to accept the currency on a mandatory basis.
STORY CONTINUES BELOW
One of the conditions of the package, according to the IMF, was the prohibition of "voluntary accumulation of bitcoin by the public sector." In theory, that should mean that Bukele's government wouldn't be permitted to keep accumulating bitcoin if it wanted to keep complying with the loan program.
Nevertheless, El Salvador has kept purchasing more bitcoin in apparent contradiction with the terms of the deal. On March 4, when the conditions of the deal were made known, the Salvadoran government held 6,101.15 bitcoin in its official wallet. As of writing, that number has risen to 6,189.18 bitcoin, a sum worth approximately $678 million.
"No, it’s not stopping," Salvadoran President Nayib Bukele posted on X on March 4. "If it didn’t stop when the world ostracized us and most 'bitcoiners' abandoned us, it won’t stop now, and it won’t stop in the future."
The IMF didn't seem to acknowledge any contradiction or friction in its note. In fact, it stated that program performance had been strong and that key fiscal and reserve targets had been met.
"IMF staff thank the Salvadoran authorities for the excellent collaboration and constructive discussions," the report said.
Sizin için daha fazlası
Bilinmesi gerekenler:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Sizin için daha fazlası
40% of Canadian Crypto Users Flagged for Tax Evasion Risk, Canadian Tax Authority Reveals
Canada’s tax agency says legal gaps limit its ability to track crypto-related income as it recovers $100 million through audits and pushes for tighter regulation.
Bilinmesi gerekenler:
- The Canadian Revenue Agency reports that 40% of crypto platform users are evading taxes or are at high risk of non-compliance.
- CRA's cryptoasset program has 35 auditors working on over 230 files, resulting in $100 million in taxes collected over three years.
- New legislation to combat financial crimes, including crypto tax evasion, is expected by Spring 2026, as announced by the Minister of Finance.
Top Stories
