Bitcoin

<ul><li>El Salvador buys 11 Bitcoins, worth $1.07 million, highlighting its commitment to crypto.</li><li>The move follows a $1.4 funding deal with the IMF and a subsequent BTC dip below $100k.</li><li>Stacy Herbert assures that BTC will remain El Salvador’s legal tender, unhindered by the deal.</li></ul>The International Monetary Fund’s (IMF) $1.4 billion deal could not rein in El Salvador’s Bitcoin ambitions! El Salvador doubles down on its unwavering commitment to crypto by adding 11 Bitcoins to its reserves. This move comes amid a Bitcoin price slump and speculation that the IMF deal would prompt El Salvador to reconsider its Bitcoin strategy.In the early hours of December 20, the Bitcoin Office of El Salvador announced the Central American country’s latest BTC purchase. The country bought 11 Bitcoins for around $1.07 million. Currently, the country holds a total of 5,980.77 BTC, worth $579,745,611.In a recent development, <a href="https://cryptotale.org/imfs-1-4b-deal-revamps-el-salvadors-bitcoin-policies/" rel="noopener noreferrer nofollow">El Salvador</a> entered into a strategic deal with the IMF, agreeing to ease the country’s controversial Bitcoin policies. If approved, the agreement would provide the country’s businesses the right to choose whether to accept Bitcoin as payment. In addition, the proposal also urges the government to reduce its involvement in the Chivo crypto wallet. <a href="https://cryptotale.org/el-salvador-purchases-11-bitcoins-despite-1-4b-imf-deal/" rel="noopener noreferrer nofollow">Read more on CryptoTale </a> Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

El Salvador Purchases 11 Bitcoins Despite $1.4B IMF Deal

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