The IMF has just said something very interesting: El Salvador’s reserve growth of $BTC is due to private donations, not government finances, so it did not violate the IMF’s agreement terms. The second and third rounds of reviews have passed smoothly, potentially unlocking $140 million in financing.
On the surface, this looks like compliance news from a small country, but the underlying signal is quite subtle: the IMF has provided a step for the idea that holding Bitcoin is no longer “not compliant,” but “acceptable.” El Salvador was the first, but it certainly won’t be the last—how many countries are quietly watching this precedent?
There’s another detail: the IMF mentioned that the Chivo electronic wallet has already “largely exited public involvement.” What exactly does that mean—abandoning it, or making room for the next step? No one has clarified.
$ETH $SOL is also rising with it, and market sentiment is clearly moving toward the bulls.
Do you think the IMF truly accepts Bitcoin this time, or is it just compromising out of necessity?
On the surface, this looks like compliance news from a small country, but the underlying signal is quite subtle: the IMF has provided a step for the idea that holding Bitcoin is no longer “not compliant,” but “acceptable.” El Salvador was the first, but it certainly won’t be the last—how many countries are quietly watching this precedent?
There’s another detail: the IMF mentioned that the Chivo electronic wallet has already “largely exited public involvement.” What exactly does that mean—abandoning it, or making room for the next step? No one has clarified.
$ETH $SOL is also rising with it, and market sentiment is clearly moving toward the bulls.
Do you think the IMF truly accepts Bitcoin this time, or is it just compromising out of necessity?