IMF DEAL TO BAN PUBLIC SECTOR ‘BITCOIN ACCUMULATION' IN EL SALVADOR

Summary from the TLDR Crypto newsletter

The IMF's new $1.4B loan deal to El Salvador bans the government from voluntarily accumulating any additional Bitcoin and bars public sector debt issuance indexed to or denominated in BTC. This measure follows prior IMF warnings over El Salvador's Bitcoin adoption, further restricting official Bitcoin-related economic activities in the country.