The International Monetary Fund approved an immediate disbursement of about $138 million to El Salvador under the country's $1.4 billion financing program. The IMF granted waivers for missed performance criteria, including on Bitcoin accumulation, based on strong corrective measures and renewed commitments. The IMF said efforts will continue to reduce the state's involvement in Bitcoin-related activities. The IMF said no further Bitcoin accumulation is envisaged beyond documented donations. The IMF said majority ownership and operational control of the Chivo Bitcoin wallet had transferred to a private operator, while the government retained a minority stake and custodial responsibilities.