IMF to tighten restrictions on El Salvador government’s bitcoin purchases

Odaily News The International Monetary Fund (IMF) has proposed tightening restrictions on public sector purchases of Bitcoin in El Salvador as it reaches a $1.4 billion financing deal with the country.
On March 3, the IMF submitted several documents, in which the technical memorandum explicitly required the Salvadoran government not to actively increase its holdings of Bitcoin and to restrict the public sector from issuing debt and tokenized instruments linked to or denominated in Bitcoin. (cointelegraph)