El Salvador President Bucker has rejected a new request from the International Monetary Fund (IMF) to suspend BitCoin (BTC), and has announced that he plans to continue the purchase.
On March 3, the IMF called on El Salvador to stop the voluntary acquisition of the public sector as part of a contract on expanding a $ 1.4 billion loan facility.
However, President Bucker posted on the X on March 4, making it clear that he plans to reject the request.
He also said, “Even when we were separated from the world and most of the” Butt Coiners “abandoned us, we did not stop them. So we will not stop them, and we will not stop them in the future.”
The Salvador government continues to buy 1 BTC daily on March 4, a part of the country’s financial strategy.
The IMF’s Memorandum also called on the Salvador government to suspend Bitcoin mining activities and the issuance of public sector loans and limited financial products to the Bitcoin.
However, President Bucker has made it clear that he will continue to buy BitCoin, but he has not made it clear whether he will respond to these additional requests.
El Salvador signed a $ 1.4 billion loan deal with the IMF in December 2024, and in one terms, Bitcoin was to be reduced.
In fact, steps were taken to voluntarily pay BitCoin and pay tax only in the US dollar.
El Salvador currently owns 6,101 BTC (worth approximately $ 534.5 million worth of Approximately), ranked sixth in the world in terms of bitcoin holding at the national level. According to Bitbo data, high data include the United States, China, the United Kingdom, Ukraine and Bhutan.
El Salvador was the first country in the world to introduce Bitcoin as his FATE currency in September 2021, and since then the government has been buying BitCoin regularly.
However, in January 2025, the revision abolished the responsibility of accepting Bitcoin to private companies, and the BTC acceptance was voluntary.
