El Salvador now holds more than 7,800 BTC in national reserves, according to a Techub News brief citing Crypto Briefing. The update says the country has kept adding to its Bitcoin holdings even as the International Monetary Fund continues to pressure its cryptocurrency policy. The development highlights a growing point of friction between El Salvador’s state financial strategy and international monetary oversight rules. It may also affect the country’s future relationship with the IMF. No additional details on the pace of purchases or the exact reserve figure beyond 7,800 BTC were disclosed in the brief.
El Salvador’s Bitcoin reserves have surpassed 7,800 BTC, according to a Techub News brief citing Crypto Briefing.
The report said the country has continued to add to its holdings despite ongoing pressure from the International Monetary Fund (IMF) over its cryptocurrency policy.
The move highlights tension between El Salvador’s national financial strategy and international monetary regulatory rules, and it may affect the country’s future relationship with the IMF.
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