El Salvador’s Evolving Bitcoin Policy Amid IMF Constraints

El
Salvador
has
recently
updated
its
cryptocurrency
policy
following
an
agreement
with
the

International
Monetary
Fund
(IMF)
that
imposes
limits
on
the
official
use
of
Bitcoin.
Under
the
IMF
conditions
formalized
in
December
as
part
of
a
$1.4
billion
loan
package,
the
Salvadoran
government
agreed
to
several
measures.
These
measures
require
that
Bitcoin
acceptance
be
voluntary
for
businesses,
restrict
the
public
sector’s
involvement
in
crypto-related
activities,
and
mandate
that
taxes
be
collected
exclusively
in
US
dollars.
In
addition,
the
government
pledged
to
gradually
reduce
its
involvement
with
the
Chivo
Wallet—a
state-sponsored
cryptocurrency
payment
application
launched
in
2021
to
promote
Bitcoin
usage
among
the
population.

Continued
Bitcoin
Acquisitions
Amid
IMF-Driven
Crypto
Reforms

Despite
these
new
regulatory
adjustments,
President
Nayib
Bukele’s
administration
has

continued
to
accumulate
Bitcoin.
In
2025
alone,
El
Salvador
purchased
a
total
of
52
Bitcoin,
raising
its
overall
holdings
to
more
than
6,055
coins.
At
current
market
values,
this
accumulation
is
estimated
to
be
nearly
$600
million.
While
the
government
normally
acquires
one
Bitcoin
per
day,
on
February
1
it
purchased
two
coins,
which
underscores
its
ongoing
commitment
to
the
digital
asset.
The
acquisition
process
follows
a
dollar-cost
averaging
strategy
that
the
administration
has
been
using
since
late
2022.

The
government’s
approach
to
Bitcoin
is
part
of
a
broader
initiative
aimed
at
promoting
financial
inclusion.
President
Bukele
has
long
described
Bitcoin
as
a
tool
to
serve
the
approximately
70%
of
Salvadorans
without
access
to
conventional
banking
services.
Previously,
the
country
required
businesses
to
accept
Bitcoin—a
mandate
that
met
with
resistance
from
retailers
concerned
about
the
cryptocurrency’s
volatility.
Despite
the
IMF’s
pressure
to
scale
back
its
official
use
of
Bitcoin,
the

Salvadoran
government
has
indicated
that
it
will
continue
to
build
its
digital
currency
reserves.

Recent
legal
amendments,
passed
by
lawmakers
together
with
President
Bukele,
reflect
El
Salvador’s
efforts
to
comply
with
the
IMF
conditions
while
preserving
its
crypto
strategy.
These
changes
illustrate
how
the
country
is
revising
its
domestic
policies
in
response
to
international
financial
agreements,
even
as
it
remains
committed
to

a
crypto-focused
investment
approach.

????????
El
Salvador
is
still
buying

#Bitcoin
adding
5
more
to
its
reserves
in
the
past
day!

pic.twitter.com/DMnMAoV4JO

—
CryptoCurrency
News
(@CryptoBoomNews)

February
2,
2025

WallStreetPepe:
A
Community-Driven
Meme
Coin
with
Innovative
Features

WallStreetPepe
is
a
cryptocurrency
project
that
integrates
the
playful
nature
of
meme
culture
with
the
principles
of
decentralized
finance.
Built
on
the
concept
of
community
governance,
this
project
ensures
that
decisions
regarding
its
future
are
made
collectively
by
its
investors
and
supporters.
Such
a
democratic
structure
is
designed
to
build
trust
among
users
and
encourage
long-term
commitment
from
the
community.

The
coin’s
tokenomics
are
engineered
to
foster
both
stability
and
sustainability.
Various
mechanisms,
including
liquidity
locking
and
deflationary
protocols,
are
implemented
to
encourage
investors
to
hold
onto
their
coins.
These
measures
help
to
reduce
the
risk
of
abrupt
market
fluctuations
by
providing
a
more
stable
investment
environment,
ultimately
aiming
to
protect
the
interests
of
its
supporters.

Security
remains
a
fundamental
aspect
of
the
WallStreetPepe
project.
The
implementation
of
secure
transaction
protocols
and
routine
audits
plays
a
critical
role
in
safeguarding
user
assets.
By
emphasizing
strong
security
measures,
the
project
works
to
build
confidence
among
both
newcomers
and
experienced
cryptocurrency
enthusiasts.
This
commitment
to
security
reassures
participants
that
their
investments
are
well-protected
against
potential
vulnerabilities.

For
those
interested
in
acquiring
WallStreetPepe
tokens,

clear
instructions
and
guidance
are
available
to
simplify
the
process.
These
detailed
directions
assist
individuals
in
navigating
decentralized
exchanges
and
setting
up
secure
wallets,
making
the
transition
into
the
cryptocurrency
space
more
accessible,
especially
for
those
who
are
new
to
digital
currencies.

In
summary,
WallStreetPepe
stands
out
as
more
than
just
a
meme
coin.
By
combining
community
governance
with
innovative
tokenomics
and
a
steadfast
commitment
to
security,
the
project
aspires
to
establish
itself
as
a
reliable
and
forward-thinking
participant
in
the
rapidly
evolving
cryptocurrency
landscape.

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