El Salvador NGO warns of corruption risk in state bitcoin purchases
- —NGO demands independent audits and disclosure of official bitcoin wallets
- —Government reports BTC purchases without supporting accounting or price data
- —El Salvador adopted bitcoin as legal tender in September 2021
- —Under a $1.4 billion IMF deal, the country curbed public bitcoin purchases
Why it matters: Transparency of state BTC reserves shapes the credibility of institutional adoption and compliance with IMF commitments.
Source: CriptoTendencias