El Salvador just marked the fourth anniversary of its Bitcoin legal tender law with a symbolic acquisition of 21 0 purchase comes despite International Monetary Fund (IMF) restrictions following a $1.4 billion loan 1 21 BTC Purchase El Salvador bought 21 BTC on September 7 to celebrate the fourth anniversary of its Bitcoin Law with the latest purchase being a symbolic nod to the flagship cryptocurrency’s 21 million supply 2 Nayib Bukele confirmed the buy on Sunday revealing that the country’s Bitcoin reserve now holds 6,313 BTC valued at over $702 3 Bitcoin Office also celebrated the milestone on X by showcasing key achievements since El Salvador became the first nation to establish a national Bitcoin 4 country has launched CUBO+
a development program dedicated to advancing BTC and Lightning Network 5 now offers public education initiatives in BTC and artificial intelligence with 80,000 public servants certified in Bitcoin 6 government has also passed a new banking law that allows financial institutions that hold the digital currency to operate and provide services to sophisticated 7 Bitcoin Law passed in 2021 made El Salvador the first country in the world to adopt BTC as legal tender alongside the 8 policy was promoted as a way to increase financial inclusion and reduce remittance costs for its 9 Restrictions The government was forced to pull back its policies to comply with a December 2024 loan deal from the 10 the Extended Fund Facility agreement
El Salvador agreed to make BTC acquisitions by public entities voluntary and withdraw from the government-run Chivo wallet 11 conditions were later integrated into national policy through amendments to the Bitcoin Law made by the nation’s 12 IMF Executive Board then approved the financing deal in February 2025 allowing an initial disbursement of $120 13 July 2025 the IMF published a report revealing that the Central American nation had not purchased any new BTC since signing the loan 14 to officials its early performance under the program has been strong
with the country meeting key fiscal and reserve 15 also doubled down on its stance stating that efforts were being made to ensure the government does not add to its BTC holdings with future disbursements subject to 16 the formal limitations imposed by the deal the Bitcoin Office has maintained its strategy of purchasing one BTC per day that began in March 17 Bukele has consistently emphasized his commitment to cryptocurrency as a core element of the country’s 18 previously affirmed on social media
“No it’s not stopping,” in reference to El Salvador’s ongoing 19 administration has also expanded the nation’s Bitcoin-related infrastructure through education programs and supportive legislation.
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