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International Business Times
International Business Times
Business
Marvie Basilan

Nayib Bukele Says El Salvador Will Keep Buying Bitcoin Despite IMF Deal, Draws Criticism

A bitcoin monument at Plaza Bitcoin in El Salvador's capital, (Credit: AFP)

KEY POINTS

  • 'It won't stop now, and it won't stop in the future,' Bukele said of his country's Bitcoin purchases
  • The IMF said Monday that under the financing package, El Salvador will halt its $BTC strategy
  • Prominent Bitcoiners are demanding honesty and transparency from the Salvadoran leader

El Salvador's President Nayib Bukele on Tuesday reiterated that his country would continue to stack up on Bitcoin despite securing a deal with the International Monetary Fund (IMF) that includes an agreement that the central American nation will stop its BTC purchases throughout the period of the IMF-backed financial package.

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