President Bukele Rejects Claims El Salvador Transferred Bitcoin Reserves To Private Entity
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Not the control of the Bitcoin Reserve, but of the State E-Wallet was handed over into private hands in the framework of an agreement with the IMF.
President Bukele Rejects Claims El Salvador Transferred Bitcoin Reserves To Private Entity
El Salvador President Nayib Bukele denies that the country transferred its Strategic Bitcoin Reserve to a private operator, saying only shares in the Chivo wallet were moved. The IMF also attributes recent Bitcoin growth to private donations.
El Salvador Retains 7,765 Bitcoins Despite Controversial IMF Agreement
Nayib Bukele made it clear on Friday: El Salvador’s 7,765 bitcoins haven’t moved. Not a single satoshi. The Salvadoran president… Read the original on El Salvador’s 7,765 Bitcoins Unmoved Amid Controversial IMF Agreement. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
The transfer is to the government-owned wallet "Chivo," and the source of the report has also corrected it. El Salvador's President Nayib Bukele has denied reports that he has transferred the country's cryptocurrency, Bitcoin (BTC), strategic reserves to a private company. […]
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