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Benzinga

Business

Murtuza J Merchant

Is El Salvador Faking Its Bitcoin Growth? IMF Footnote Sparks New Doubts

International Monetary Fund Bitcoin El Salvador the International Monetary Fund Crypto

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A new report from the International Monetary Fund (IMF) suggests that El Salvador's recent increase in Bitcoin (CRYPTO: BTC) reserves stems from internal asset consolidation, not new purchases, as previously claimed by government officials.

In a staff report dated July 15, the IMF clarified that the observed rise in Bitcoin holdings within the country’s Strategic Bitcoin Reserve Fund was the result of streamlining state-owned wallets.

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Indiana Measles Cases Reach 45 as Adams County Cases Double and Wayne County Remains the Largest Cluster

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One subscription that gives you access to news from hundreds of sites

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Indiana Measles Cases Reach 45 as Adams County Cases Double and Wayne County Remains the Largest Cluster

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