VictoriaPark
Markets··1 min read

IMF Approves $138 Million for El Salvador After Bitcoin Waiver

The International Monetary Fund (IMF) has approved a $138 million loan for El Salvador following a waiver related to the country's Bitcoin experiment. The fund expects no further Bitcoin accumulation and wants the state’s remaining Chivo exposure fully unwound.

IMF Approves $138 Million for El Salvador After Bitcoin Waiver
Image: The Defiant

The International Monetary Fund (IMF) has approved a $138 million loan for El Salvador following a waiver related to the country's Bitcoin experiment. The fund expects no further Bitcoin accumulation and wants the state’s remaining Chivo exposure fully unwound.

Sources

  • The Defiant — IMF Approves $138 Million for El Salvador After Bitcoin Waiver

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