Online reports that the government of El Salvador has made it clear that it will continue to promote Bitcoin as part of its economic strategy, even though the country has signed an agreement with the International Monetary Fund to phase out its Bitcoin business. Stacy Herbert, director of the Bitcoin Office in El Salvador, clarified that even after an agreement is reached, the country will continue to buy bitcoins at an "accelerated" rate as part of its strategic bitcoin reserve strategy. Herbert also explained on social media that Bitcoin will remain legal tender and that the government will continue to sponsor several education programs focused on cryptocurrency.