Ignoring IMF restrictions》El Salvador rare increase the position11 BTC this morning, will the BTC purchase plan accelerate?

The government of El Salvador and the International Monetary Fund (IMF) yesterday announced a loan agreement totaling $1.4 billion, in exchange for financial assistance, El Salvador agreed to make concessions on BTC policy. However, WalletAddress in El Salvador increased its holdings by 11 BTC today, accelerating the pace of its coin holdings. (Synopsis: El Salvador can't Auto-InvestBTC anymore? Reached a 1.4 billion magnesium loan agreement with the IMF, which will restrict the purchase of BTC) (background supplement: El Salvador's president posted an order: BTC payout rate broke 133%! Did the local people make a lot of money? After years of negotiations, the government of El Salvador and the International Monetary Fund (IMF) yesterday announced a 40-month, $1.4 billion loan protocol that also unlocks additional loan support for El Salvador from other international financial institutions, including the World Bank, for a total financing of more than $3.5 billion. But in exchange for this additional financial assistance, El Salvador agreed to make concessions on BTC policies, including: Change merchant acceptance of BTC payments to voluntary Phasing out government support for the official electronic Wallet Chivo Wallet Tax payments are limited to US dollars (the country's official coin) Restrictions on public sector participation in BTC-related economic activities, and restrictions on BTC transactions and purchases El Salvador accelerates the implementation of the protocol, which is subject to the approval of the IMF's Executive Board, This seems to add a hindrance to El Salvador's Auto-Invest plan to buy 1 BTC per day. However, El Salvador's WalletAddress has added a rare 11 BTC worth $1.07 million after completing Auto-Invest 1 BTC this morning, seemingly accelerating its coin plan, or perhaps thinking that this pullback is a good opportunity to get on the bus? El Salvador's national BTC office subsequently announced that it had transferred $1 million worth of BTC to El Salvador's strategic BTC reserves. We just transferred over a million dollars worth of Bitcoin to our Strategic Bitcoin Reserve. pic.twitter.com/4ZrxGw9Od0 — The Bitcoin Office (@bitcoinofficesv) December 20, 2024 BTC policy will continue Notably, Stacy Herbert, director of El Salvador's National BTC Office, said yesterday that El Salvador will continue to implement its BTC policy after reaching a $3.5 billion financing protocol, Including accelerated purchases of BTC as strategic BTC reserves: BTC remains legal coin El Salvador will continue to purchase BTC (possibly at a faster rate) to replenish its strategic BTC reserves The construction of the BTC capital market will continue to advance, such as the recent coinization of US Treasuries by issuance on the Liquid platform through NexBridge, and there will be more announcements about the BTC capital market in the future The BTC Office will continue to develop BTC policies and roadmaps, Attract investors and run educational programs, including the Little HODLer BTC and Money learning manual for Year 2 and Year 3 students launched in January 2025 Professional education program CUBO+ continues to train elite BTC and Lighting Network development talent, and more than 20 students will graduate by the end of January 2025 Education programs Mi Primer Bitcoin, Node Nation Continue to teach BTC-related courses in high schools in El Salvador The International Institute of Public Administration of El Salvador continues to advance its BTC certification program with the goal of training 80,000 civil servants Chivo Wallet will be sold or discontinued, but multiple private sector BTCWallets will continue to serve El Salvador This is just the beginning...... It doesn't seem to have been affected by the IMF protocol. EL SALVADOR SECURES $3.5 FUNDING DEAL Bitcoin remains legal tenderEl Salvador will continue buying bitcoin (at possibly an accelerated pace) for its Strategic Bitcoin ReserveBitcoin capital markets will continue to be built; for example, the recent tokenized issuance... — Stacy Herbert (@stacyherbert) December 19, 2024 With the unremitting efforts of Daily Auto-Invest, Nayib Tracker data shows that El Salvador currently holds 6203 BTC, with an average purchase price of $44,955, compared to the current price of $96,910. The return on investment has reached 115%. Related reports Argentina cooperates with El Salvador to sign the encryption industrial cooperation protocol, will become the next BTC country? El Salvador intends to cancel the mandatory acceptance of BTC payments by companies: in exchange for a $3.3 billion loan from the IMF and the World Bank Pain! German government BTC sold half a year early to earn 2.2 billion US dollars, El Salvador's BTC position is approaching 6,000 "Do not dump IMF restrictions" El Salvador rarely increased the position this morning 11 BTC, BTC purchase plan will accelerate? This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".

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