Key Highlights: El Salvador holds approximately 7,794.37 Bitcoin, valued at around $666.1 million, under continued scrutiny from the International Monetary Fund (IMF). A recent IMF program review granted a waiver while maintaining strict limits on public-funded Bitcoin purchases and requiring further structural reforms. The administration of President Nayib Bukele has transferred majority control of the ...
Key Highlights The IMF approved a $138 million disbursement to El Salvador despite missed performance criteria linked to Bitcoin accumulation. The exemption was granted after the Salvadoran government adopted corrective measures and renewed its commitments under the program. The IMF cited progress on financial-sector reforms, fiscal transparency, anti-money-laundering controls, and the transfer of majority control ...
Key Highlights: The IMF approved a $139 million payout to El Salvador after accepting an explanation for Bitcoin accumulated through documented private donations. The waiver does not permit government-funded Bitcoin purchases, and the IMF expects no further accumulation beyond verified donations. El Salvadorās economy is forecast to grow 4.5% in 2026, while the government must ...