Regulation· ★★★· neutral·

IMF: El Salvador's New Bitcoin Came From Donations, Not Purchases

  • —Reserve rose from 7,757.37 BTC on Aug. 27 to 7,786.37 BTC
  • —Another 22 BTC were added after the IMF's Sept. 3 statement
  • —IMF says the coins came from private donations, not public funds
  • —Bitcoin Office still claims it buys 1 BTC every day
Why it matters: The dispute casts doubt on the transparency of El Salvador's bitcoin strategy and its reporting under the IMF program.
#BTC
Source: Crypto Insiders
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