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El Salvador strengthens support for bitcoin: buying bitcoin in violation of international monetary fund agreement

The government of El Salvador has made it clear that it will continue to promote bitcoin as part of its economic strategy, even though the country has signed an agreement with international monetary funds to phase out its bitcoin operations. Stacey Herbert, director of El Salvador's bitcoin office, clarified that the country will continue to buy bitcoins at an "accelerated" rate even after an agreement is reached, as part of its strategic bitcoin reserve strategy. Herbert also explained on socia...

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2024-12-22 21:22:17
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