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#El Salvador

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El Salvador Receives $138 Million After IMF Waives Bitcoin Rule Breach
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El Salvador Receives $138 Million After IMF Waives Bitcoin Rule Breach

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 Salvadorโ€™s economy is forecast to grow 4.5% in 2026, while the government must ...

El Salvador Launches Stablecoin App Five Years After Making Bitcoin Legal Tender
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El Salvador Launches Stablecoin App Five Years After Making Bitcoin Legal Tender

Key Highlights Sivar is built on Modveonโ€™s Verified Operating System, combining identity verification, trusted connections, communities, payments and AI-powered services. Eligible US residents can send money to verified recipients in El Salvador for a flat $2 fee, regardless of the transfer amount. The platform was refined through a pre-launch rollout involving more than 25,000 Salvadorans. ...