Tech

El Salvador Purchases 21 BTC to Commemorate Bitcoin Day Despite IMF Restrictions

by aweeincm1

El Salvador acquired 21 Bitcoin for the fourth anniversary of its Bitcoin Law, raising reserves to 6,313 coins worth $700 million (approx. Rs. 6,000 crore). Despite IMF restrictions and limited Chivo wallet adoption, the government continues to make daily purchases, promotes Bitcoin education, and implements security measures, drawing criticism for prioritising government and corporate use over average citizens.

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