Salvador continues to buy bitcoins and has already increased its reserves to 6,161 BTC, despite agreements with the International Monetary Fund (IMF) on reducing the participation of the state in cryptocurrency operations.

The head of the National Bitcoin Office, Stace Herbert, said that Salvador provides formal compliance with the IMF conditions at the public sector level, which allows the country to informally increase reserves through non-public channels.

By data Bitcoin office, as of April 28, Salvador increased its first cryptocurrency reserves to 6,161 BTC (approximately $ 587 million). Over the past month it has been Bought 31 BTC, and a week before April 27 – another 8 BTC. At the same time, Salvador intends to continue to expand his strategic reserves.

In addition, the country benefits from the increase in the cost of bitcoin, since since the start of the purchases of the flagship crypto acurer at an average price of $ 45,465 per BTC, the current profit is 99.93%, making investments economically justified.

Earlier, the National Commission on Salvador’s Digital Assets (CNAD), in cooperation with the American law firm, Perkin Law Firm proposed the US Securities and Exchange Commissions (Sec) to create an international cryptopesucker.