El Salvador Says It’s Still Buying Bitcoin After IMF Accord
A Bitcoin statue at a plaza in Ilopango, El Salvador.
Photographer: Camilo Freedman/BloombergThis article is for subscribers only.
El Salvador is still purchasing Bitcoin even after inking a loan agreement with International Monetary Fund that required it to stop accumulating the token.
“There’s a commitment of President Bukele to keep accumulating assets as a way to do precisely that,” Maria Luisa Hayem, El Salvador’s economy minister told Bloomberg News in a live interview at Web Summit in Rio de Janeiro on Tuesday when asked if her government was still buying Bitcoin.