El Salvador simply marked the fourth anniversary of its Bitcoin authorized tender regulation with a symbolic acquisition of 21 BTC.
The acquisition comes regardless of Worldwide Financial Fund (IMF) restrictions following a $1.4 billion mortgage settlement.
Symbolic 21 BTC Buy
El Salvador purchased 21 BTC on September 7 to have a good time the fourth anniversary of its Bitcoin Legislation, with the newest buy being a symbolic nod to the flagship cryptocurrency’s 21 million provide cap. President Nayib Bukele confirmed the purchase on Sunday, revealing that the nation’s Bitcoin reserve now holds 6,313 BTC, valued at over $702 million.
The Bitcoin Workplace additionally celebrated the milestone on X by showcasing key achievements since El Salvador turned the primary nation to determine a nationwide Bitcoin stockpile. The nation has launched CUBO+, a improvement program devoted to advancing BTC and Lightning Community applied sciences.
It now gives public schooling initiatives in BTC and synthetic intelligence, with 80,000 public servants licensed in Bitcoin literacy. The federal government has additionally handed a brand new banking regulation that permits monetary establishments that maintain the digital forex to function and supply providers to classy buyers.
The Bitcoin Legislation, handed in 2021, made El Salvador the primary nation on this planet to undertake BTC as authorized tender alongside the U.S. greenback. The coverage was promoted as a approach to enhance monetary inclusion and scale back remittance prices for its residents.
IMF Restrictions
The federal government was pressured to tug again its insurance policies to adjust to a December 2024 mortgage deal from the IMF. Beneath the Prolonged Fund Facility settlement, El Salvador agreed to make BTC acquisitions by public entities voluntary and withdraw from the government-run Chivo pockets program.
These circumstances had been later built-in into nationwide coverage by way of amendments to the Bitcoin Legislation made by the nation’s Congress. The IMF Govt Board then accepted the financing deal in February 2025, permitting an preliminary disbursement of $120 million.
In July 2025, the IMF published a report revealing that the Central American nation had not bought any new BTC since signing the mortgage settlement. Based on officers, its early efficiency below this system has been sturdy, with the nation assembly key fiscal and reserve targets. It additionally doubled down on its stance, stating that efforts had been being made to make sure the federal government doesn’t add to its BTC holdings, with future disbursements topic to compliance.
Regardless of the formal limitations imposed by the deal, the Bitcoin Workplace has maintained its technique of buying one BTC per day that started in March 2024. President Bukele has persistently emphasised his dedication to cryptocurrency as a core component of the nation’s technique.
He beforehand affirmed on social media, “No, it’s not stopping,” in reference to El Salvador’s ongoing accumulation. His administration has additionally expanded the nation’s Bitcoin-related infrastructure by way of education schemes and supportive laws.
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