<ul><li>The International Monetary Fund (IMF) has requested that El Salvador refrain from making public sector Bitcoin purchases as part of a $1.4 billion funding arrangement.</li><li>The IMF's technical memorandum of understanding with El Salvador mentioned the condition of not accumulating BTC by the public sector in the country, as well as restricting the issuance of debt or tokenized instruments linked to or denominated in Bitcoin.</li><li>The IMF aims to address potential risks related to El Salvador's Bitcoin project through its extended fund facility, with the goal of improving governance, transparency, and resilience.</li><li>Despite the IMF's request, El Salvador's President Nayib Bukele continues to acquire Bitcoin, bringing the country's total holdings to 6,100 BTC.</li></ul>

IMF asks El Salvador to stop public sector Bitcoin buys for $1.4B deal

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