<ul><li>The IMF has agreed to pay El Salvador $120 million after reviewing its $1.4 billion loan agreement.</li><li>As part of the deal, El Salvador must limit government involvement in Bitcoin and cease its association with the Chivo wallet by the end of July.</li><li>Efforts will continue to ensure that the total amount of Bitcoin held in government-owned wallets remains unchanged.</li><li>Despite IMF's request to stop accumulating Bitcoin, El Salvador's president, Nayib Bukele, has mentioned that the government will persist in acquiring one BTC per day.</li></ul>

IMF says El Salvador to make ‘efforts’ to stop Bitcoin buys with $120M payments deal

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