{"id":836716,"date":"2025-03-25T17:12:52","date_gmt":"2025-03-25T22:12:52","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/25\/imf-urges-el-salvador-to-stop-bitcoin-buys-in-loan-deal\/"},"modified":"2025-03-25T17:12:52","modified_gmt":"2025-03-25T22:12:52","slug":"imf-urges-el-salvador-to-stop-bitcoin-buys-in-loan-deal","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/25\/imf-urges-el-salvador-to-stop-bitcoin-buys-in-loan-deal\/","title":{"rendered":"IMF Urges El Salvador to Stop Bitcoin Buys in Loan Deal"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div>\n<p><a href=\"https:\/\/www.altcoinbuzz.io\/wp-content\/uploads\/2025\/03\/Web_IMF-Urges-El-Salvador-to-Stop_Bitcoin-Buys-in-Loan-Deal.jpg\" data-caption><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"365\"   alt=\"bitcoins IMF Urges El Salvador to Stop Bitcoin Buys in Loan Deal\" title=\"bitcoins Web_IMF-Urges-El-Salvador-to-Stop_Bitcoin-Buys-in-Loan-Deal\" data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20696%20365'%3E%3C\/svg%3E\" srcset=\"https:\/\/www.altcoinbuzz.io\/wp-content\/uploads\/2025\/03\/Web_IMF-Urges-El-Salvador-to-Stop_Bitcoin-Buys-in-Loan-Deal-696x365.jpg 696w, https:\/\/www.altcoinbuzz.io\/wp-content\/uploads\/2025\/03\/Web_IMF-Urges-El-Salvador-to-Stop_Bitcoin-Buys-in-Loan-Deal-300x158.jpg 300w, https:\/\/www.altcoinbuzz.io\/wp-content\/uploads\/2025\/03\/Web_IMF-Urges-El-Salvador-to-Stop_Bitcoin-Buys-in-Loan-Deal-1024x538.jpg 1024w, https:\/\/www.altcoinbuzz.io\/wp-content\/uploads\/2025\/03\/Web_IMF-Urges-El-Salvador-to-Stop_Bitcoin-Buys-in-Loan-Deal-768x403.jpg 768w, https:\/\/www.altcoinbuzz.io\/wp-content\/uploads\/2025\/03\/Web_IMF-Urges-El-Salvador-to-Stop_Bitcoin-Buys-in-Loan-Deal-800x420.jpg 800w, https:\/\/www.altcoinbuzz.io\/wp-content\/uploads\/2025\/03\/Web_IMF-Urges-El-Salvador-to-Stop_Bitcoin-Buys-in-Loan-Deal-1068x561.jpg 1068w, https:\/\/www.altcoinbuzz.io\/wp-content\/uploads\/2025\/03\/Web_IMF-Urges-El-Salvador-to-Stop_Bitcoin-Buys-in-Loan-Deal.jpg 1200w\" src=\"https:\/\/www.altcoinbuzz.io\/wp-content\/uploads\/2025\/03\/Web_IMF-Urges-El-Salvador-to-Stop_Bitcoin-Buys-in-Loan-Deal-696x365.jpg\"><\/a><\/p>\n<h4 data-pm-slice=\"1 1 []\"><strong>As part of a $1.4 billion loan agreement, the IMF is asking <a href=\"https:\/\/www.altcoinbuzz.io\/?s=el+salvador\" target=\"_blank\" rel=\"noopener\">El Salvador<\/a> to stop accumulating BTC. It also wants the country to avoid issuing Bitcoin-backed debt and tokens.<\/strong><\/h4>\n<p data-pm-slice=\"1 1 []\">This move could put President Nayib Bukele\u2019s pro-Bitcoin agenda in a tough spot.<\/p>\n<h5><strong>IMF Pushes El Salvador to Limit Bitcoin Use<\/strong><\/h5>\n<p>A new policy document outlines how the government must limit BTC accumulation. The document states that public sector entities cannot voluntarily purchase or mine Bitcoin. This restriction applies to government-controlled wallets like Chivo and institutions. Such as the \u201cAgencia Administradora de Bitcoin and Oficina Nacional del Bitcoin\u201d. However, BTC obtained through law enforcement actions, such as seizures, would not count toward this restriction.<\/p>\n<blockquote>\n<p dir=\"ltr\" lang=\"en\">NEW: The <a href=\"https:\/\/twitter.com\/IMFNews?ref_src=twsrc%5Etfw\">@IMFNews<\/a> eveals Bukele agreed provide IMF with internal information about <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> transactions, including cold &#038; hot wallet addresses owned by the Government of El Salvador, the names of people involved, and to regulate <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> holdings in exchange for a $1.4B bailout. <a href=\"https:\/\/t.co\/t7wKpDr3BL\">pic.twitter.com\/t7wKpDr3BL<\/a><\/p>\n<p>\u2014 ricardovalp on @bluesky ???????????????? (@ricardovalp) <a href=\"https:\/\/twitter.com\/ricardovalp\/status\/1896689330082758909?ref_src=twsrc%5Etfw\">March 3, 2025<\/a><\/p>\n<\/blockquote>\n<p>The IMF has long been skeptical of El Salvador\u2019s BTC adoption. It fears that issuing Bitcoin-backed debt or tokens could rock the boat in an already volatile market. The IMF argues that such moves could create financial instability and increase the country\u2019s debt risks.<\/p>\n<p>Previously, El Salvador planned to issue BTC bonds\u2014also called \u201c<a href=\"https:\/\/www.altcoinbuzz.io\/cryptocurrency-news\/consequences-of-the-bitcoin-law-in-el-salvador-6-months-later\/\" target=\"_blank\" rel=\"noopener\">volcano bonds<\/a>\u201d\u2014to fund infrastructure and energy projects. But with the IMF\u2019s conditions, these plans could be on thin ice. The government may now have to rethink its Bitcoin strategy if it wants the loan approval.<\/p>\n<blockquote>\n<p dir=\"ltr\" lang=\"en\">JUST IN: The IMF is seeking to block ???????? El Salvador from buying more Bitcoin and refrain from issuing Bitcoin-backed debt or tokens as a condition of its ???? $1.4B loan agreement. <a href=\"https:\/\/t.co\/R5GIPi7xpf\">pic.twitter.com\/R5GIPi7xpf<\/a><\/p>\n<p>\u2014 Bitcoin News (@BitcoinNewsCom) <a href=\"https:\/\/twitter.com\/BitcoinNewsCom\/status\/1896910275821113575?ref_src=twsrc%5Etfw\">March 4, 2025<\/a><\/p>\n<\/blockquote>\n<h5><strong>More About Bitcoin<\/strong><\/h5>\n<p>Mexican billionaire Ricardo Salinas, with a net worth of $5.8 billion, is making a bold bet on BTC. He has allocated 70% of his investment portfolio to the cryptocurrency, showing strong confidence in its future.<\/p>\n<blockquote>\n<p dir=\"ltr\" lang=\"en\">Billionaire Ricardo Salinas Pliego says Mexican President Claudia Sheinbaum is facing a \u201cvery challenging situation\u201d with US President Donald Trump <a href=\"https:\/\/t.co\/aaIwpCVRmz\">https:\/\/t.co\/aaIwpCVRmz<\/a> <a href=\"https:\/\/t.co\/sewy0sR4Lv\">pic.twitter.com\/sewy0sR4Lv<\/a><\/p>\n<p>\u2014 Bloomberg TV (@BloombergTV) <a href=\"https:\/\/twitter.com\/BloombergTV\/status\/1896937657722183774?ref_src=twsrc%5Etfw\">March 4, 2025<\/a><\/p>\n<\/blockquote>\n<p>Salinas, a longtime BTC advocate, believes it offers protection against inflation and government control over money. His heavy investment signals a growing trend among wealthy individuals who see BTC as a hedge against economic uncertainty.<\/p>\n<p><img loading=\"lazy\" width=\"1197\" height=\"148\" decoding=\"async\" data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201197%20148'%3E%3C\/svg%3E\" src=\"https:\/\/www.altcoinbuzz.io\/wp-content\/uploads\/2023\/09\/Alpha_website_leaderboard-banner-1.jpg\"><\/p>\n<h6><strong>Disclaimer<\/strong><\/h6>\n<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer\/reviewers, and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.<\/p>\n<\/p><\/div>\n<p> Yuri Block <a href=\"https:\/\/www.altcoinbuzz.io\/cryptocurrency-news\/imf-urges-el-salvador-to-stop-bitcoin-buys-in-loan-deal\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As part of a $1.4 billion loan agreement, the IMF is asking El Salvador to stop accumulating BTC. It also wants the country to avoid issuing Bitcoin-backed debt and tokens. This move could put President Nayib Bukele\u2019s pro-Bitcoin agenda in a tough spot. IMF Pushes El Salvador to Limit Bitcoin Use A new policy document<\/p>\n","protected":false},"author":1,"featured_media":836717,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3962,29332],"tags":[11476],"class_list":{"0":"post-836716","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-salvador","8":"category-urges","9":"tag-bitcoins"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/836716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=836716"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/836716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/836717"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=836716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=836716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=836716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}