PANews reported on December 20 that on-chain data showed that at 8:07 Beijing time, a wallet address in El Salvador purchased 11 bitcoins worth US$1.07 million for its strategic bitcoin reserves.
It was reported yesterday that El Salvador officials will accelerate the purchase of Bitcoin as a strategic reserve, and the official Bitcoin wallet Chivo will be sold or discontinued . Due to a $1.4 billion loan agreement with the IMF, Bitcoin payments will become voluntary .
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