IMF says El Salvador's bitcoin holdings are consistent with program commitments
The International Monetary Fund said on Thursday El Salvador's bitcoin holdings remain consistent with commitments the country made with the fund ahead of the $1.4 billion program approved earlier this year."The accumulation of bitcoin by the strategic bitcoin reserve fund is consistent with program conditionality, and the increases in the Bitcoin reserve fund relate to movements across various government-owned wallets," said IMF communications department director Julie Kozack in a scheduled press briefing.