The International Monetary Fund (IMF) has officially completed its second and third reviews under El Salvador's $1.4 billion Extended Fund Facility, unlocking an immediate $138 million payout.
The Bitcoin Twist:
• El Salvador actually missed certain targets regarding state Bitcoin accumulation.
The IMF granted a formal waiver after documentation proved recent BTC gains came from private donations, not public taxpayer funds.
•The IMF explicitly expects no further sovereign BTC purchases beyond these donations.
Other Key Changes:
Chivo Wallet Privatized: El Salvador has officially handed over majority control of its state-run Chivo wallet to a private operator.
Economic Boost: The IMF upgraded El Salvador’s GDP growth forecast to 4.5% for 2026 amid booming security, tourism, and investor confidence.
What do you think? Is El Salvador playing a smart game balancing the IMF and its Bitcoin strategy? 👇
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