El Salvador's Finance Ministry and Central Bank President have confirmed that no new Bitcoin purchases have occurred since February 2025. This contradicts public assertions made by President Bukele regarding daily acquisitions.
Confirmation of No New Bitcoin Purchases
El Salvador has informed the International Monetary Fund (IMF) that no new Bitcoin purchases have been made since February 2025. This fact contradicts statements from President Bukele regarding ongoing daily acquisitions. Clarifications from the Minister of Finance and Central Bank President indicate a definitive government stance aimed at compliance with the earlier signed IMF agreement.
Impact on Public and Investor Trust
The disclosure of this information may affect public perception and fiscal expectations. While significant comments from industry figures have not been observed, some analysts express concern regarding the long-term implications for investor trust and governmental transparency.
Political Implications for the Country's Crypto Strategy
Internal restructuring of cryptocurrency holdings may appear as new purchases; however, these are merely realignments within existing wallets. Transparency in this area could bolster investor confidence and improve economic relations with international institutions, such as the IMF.
El Salvador's confirmation of no new Bitcoin purchases since February 2025 alongside concerns over policy transparency underscores the need for ongoing monitoring of the country's cryptocurrency landscape.
