Skip to content
September 7, 2025cryptonews logocryptonews

El Salvador Adds 14,000 Troy Ounces of Gold After Bitcoin Accumulation Pause, Total Holdings Hit $207M

The Central Reserve Bank of El Salvador acquired 13,999 troy ounces of gold worth $207.4 million, marking its first precious metals purchase since 1990 as the country diversifies international reserves amid a confirmed pause in Bitcoin ￰1￱ to BCR , the acquisition increased holdings from 44,106 to 58,105 troy ounces following International Monetary Fund guidance.) January 30, 2025 The reforms align with the $1.4 billion IMF loan agreement, while maintaining Bitcoin’s status as a legal ￰2￱ IMF praised policy changes for reducing fiscal risk and improving ￰3￱ no longer receives mandatory treatment, with the fund pushing El Salvador to classify cryptocurrency as a financial asset rather than a ￰4￱ analysts have observed steady daily transfers of 1 BTC from exchanges like Binance and Bitfinex to government-linked addresses.

However, the IMF attributes these movements to technical accounting rather than official ￰5￱ to the recent reforms, the Chivo wallet, once promoted as a flagship adoption tool, will be privatized and removed from government ￰6￱ said the shift reduces strain on public finances while maintaining operational capability under private ￰7￱ Security and Regulatory Adaptation Notably, the country recently split its Bitcoin treasury across 14 separate addresses to enhance security against quantum computing ￰8￱ emphasized the need for preparations to address potential vulnerabilities from advancements in quantum technology that could compromise Bitcoin’s cryptographic ￰9￱ Salvador fortified its treasury by splitting its $682M BTC holdings into 14 separate addresses to guard against quantum computing threats. #Bitcoin #ElSalvador ￰0￱ — ￰10￱ (@cryptonews) September 1, 2025 Quantum computers using qubits can process vast amounts of data at massive speeds.

Shor’s algorithm could break elliptic curve cryptography, which secures Bitcoin’s public and private keys, if deployed on sufficiently powerful quantum ￰11￱ specialists estimate 30% of Bitcoin’s circulating supply, roughly 6-7 million BTC, remains vulnerable in older address formats, exposing public ￰12￱ researchers suggest 25% of all Bitcoin could face risk if quantum capabilities mature faster than ￰13￱ security overhaul addresses warnings from industry veterans about “harvest now, decrypt later” strategies where adversaries collect encrypted blockchain data for future quantum ￰14￱ experts suggest such capabilities may emerge within years rather than ￰15￱ part of the country’s crypto adoption, El Salvador proposed cross-border regulatory sandbox programs with the SEC for real estate tokenization and capital raising ￰16￱ initiative aims to generate practical data on token classification and custody solutions within ￰17￱ country’s National Commission on Digital Assets has implemented tokenization projects across various asset classes, with risk matrices potentially informing ￰18￱ approaches.

cryptonews logo
cryptonews

Latest news and analysis from cryptonews

Roblox AI age tool will estimate every user’s age, but analysts question upside

Roblox AI age tool will estimate every user’s age, but analysts question upside

Roblox has unveiled a major new safety system that will use artificial intelligence to estimate the age of every user on the platform. CEO David Baszucki said the plan is to finish the rollout by the ...

Cryptopolitan logoCryptopolitan
1 min
Strategy Dominates Q3 With 640,808 Bitcoin and 26.0% BTC Yield

Strategy Dominates Q3 With 640,808 Bitcoin and 26.0% BTC Yield

Strategy Inc. reported $2.8 billion in Q3 net income as its 640,808- bitcoin treasury, valued at $70.9 billion, delivered a 26% BTC yield and reinforced its leadership in profitable, large-scale insti...

Bitcoin.com logoBitcoin.com
1 min
ECB’s Digital Euro Plans Spark Crypto Backlash and Potential Bitcoin Embrace in EU

ECB’s Digital Euro Plans Spark Crypto Backlash and Potential Bitcoin Embrace in EU

The European Central Bank (ECB) President Christine Lagarde announced the progression of the digital euro, a central bank digital currency (CBDC), into its final preparation phase, aiming for a potent...

CoinOtag logoCoinOtag
1 min