The International Monetary Fund (IMF) is looking to tighten restrictions on Bitcoin purchases by El Salvador’s public sector as part of an extended $1.4 billion funding arrangement with the country.
On March 3, the IMF issued a new request for an extended arrangement under its fund facility to El Salvador, filing several new documents, including a staff statement update and a statement by the executive director for El Salvador.
The technical memorandum of understanding mentioned a condition…
Read the full article here