El Salvador, despite a recent agreement with the International Monetary Fund (IMF) to adjust its Bitcoin policies, plans to continue purchasing Bitcoin, potentially at an accelerated rate. Stacy Herbert, head of the National Bitcoin Office, announced that the country will keep acquiring Bitcoin for its Strategic Bitcoin Reserve. The IMF's stipulations will require El Salvador to make Bitcoin use voluntary in the private sector and limit public sector involvement with cryptocurrency. The country had previously invested in Bitcoin as legal tender in 2021. Following the deal, El Salvador remains committed to its Bitcoin acquisition strategy, reflecting the government’s ongoing interest in digital assets. The president, Nayib Bukele, has been an outspoken supporter of Bitcoin, showcasing the national holdings, which are now valued at approximately $579.4 million. El Salvador aims to bolster its economic situation through ongoing Bitcoin investments.

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