Related: Serbia’s Prince Filip says Bitcoin is being stifled, expects huge rallyFlexible interpretation leaves room for Bitcoin buysThe IMF’s agreement may still enable room for purchases through non-governmental entities, according to Anndy Lian, author and intergovernmental blockchain adviser.“The IMF’s ‘flexible interpretation’ suggests purchases may involve non-public sector entities or reclassified assets, maintaining technical compliance,” Lian told Cointelegraph, adding:“This alternative approach allows El Salvador to retain its Bitcoin-friendly image while securing critical IMF funding to address unsustainable public debt and limited reserves.”Lian added that El Salvador’s strategy highlights the growing tension between financial innovation and traditional economic policies.“El Salvador’s experience offers valuable lessons for nations exploring crypto adoption, emphasizing the need for robust regulatory frameworks and state capacity to navigate international financial pressures,” he added.
Source: El Salvador Bitcoin Office“In terms of El Salvador, let me say that I can confirm that they continue to comply with their commitment of non-accumulation of Bitcoin by the overall fiscal sector, which is the performance criteria that we have,” said Valdes during an April 26 press briefing.
Related: Crypto sentiment recovers, but weekend liquidity risks remain“But on top of that, I think this is very important for the discussion in El Salvador,” he added.“The program of El Salvador is not about Bitcoin.
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Author / Journalist: Cointelegraph by Zoltan Vardai
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