El Salvador has acquired 5 additional Bitcoins despite conditions from the International Monetary Fund (IMF) requiring the country to reduce its involvement in crypto activities. The country now holds a total of 6,100 Bitcoins worth approximately $510 million. The recent purchase comes as Bitcoin experienced a sharp decline to $83,000. President Nayib Bukele is also focusing on promoting technology and artificial intelligence (AI) advancements in El Salvador, aiming to establish the country as a regional tech hub. Discussions with a16z's co-founders centered on policy changes and creating a supportive regulatory framework for AI.



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