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@ tzongocu
2025-05-27 23:31:49
📰 News Alert...
🔖 Title: El Salvador's Bitcoin Strategy: IMF Seems Unfazed by Continued Purchases
🗓️ Published: 2025-05-27T10:45:00-04:00
📄 Summary: El Salvador continues its controversial strategy of accumulating Bitcoin, despite the International Monetary Fund (IMF) expressing skepticism about this approach. The country, led by President Nayib Bukele, has been acquiring Bitcoin as part of its broader economic agenda, seeking to bolster its financial system and attract cryptocurrency investments. However, the IMF's stance remains critical, warning about the potential risks associated with Bitcoin's volatility and its implications for economic stability.
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https://www.coindesk.com/policy/2025/05/27/imf-says-efforts-will-continue-to-ensure-el-salvador-doesn-t-accumulate-more-btc
🗞️ Source: Tom Carreras
💓 #Bitcoin #EconomicStability #Cryptocurrency