🇸🇻 The IMF confirms that El Salvador's Bitcoin reserve has not increased, it is simply being transferred between several wallets.
At a recent press conference, the IMF denied allegations of BTC purchases by El Salvador.
"The accumulation of bitcoins by the Strategic Reserve Fund for bitcoins is in accordance with the program's conditions. Furthermore, the increases in the Reserve Fund for bitcoins are related to the movements between the various government wallets."
declares Julie Kozack, director of communication at the IMF.
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🇸🇻 The IMF confirms that El Salvador's Bitcoin reserve has not increased, it is simply being transferred between several wallets.
At a recent press conference, the IMF denied allegations of BTC purchases by El Salvador.
"The accumulation of bitcoins by the Strategic Reserve Fund for bitcoins is in accordance with the program's conditions. Furthermore, the increases in the Reserve Fund for bitcoins are related to the movements between the various government wallets."
declares Julie Kozack, director of communication at the IMF.
🗞️IMF