El Salvador’s Bitcoin U-turn: no new purchases since Dec 2024, IMF report reveals

El Salvador, once hailed as the global trailblazer for national Bitcoin adoption, is quietly shifting gears. After making headlines in 2021 for becoming the first country to embrace Bitcoin as legal tender, recent disclosures point to a dramatic slowdown. A new report by the International Monetary Fund (IMF), released on 15 July 2025, reveals that

Source: Invezz