San Salvador Times

The Pulse of El Salvador’s Transformation
Wednesday, Jul 30, 2025
San Salvador Times
El Salvador Freezes Bitcoin Purchases Amid IMF Deal

El Salvador Freezes Bitcoin Purchases Amid IMF Deal

IMF agreement halts new acquisitions, holdings remain stable at $740 million
El Salvador has suspended further Bitcoin purchases as part of a financial stabilization agreement with the International Monetary Fund, leaving its current cryptocurrency holdings valued at approximately $740 million.

The decision comes amid increasing pressure to curb speculative investment in the face of ongoing economic challenges and international scrutiny.
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