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IMF Recommends Including Bitcoin in National GDP Calculations


The International Monetary Fund (IMF), a Washington DC-based financial institution under the United Nations, published an article on Thursday recommending what it calls “an updated System of National Accounts” (SNA), that measures and incorporates the value of emerging technologies, including...

One-Two: IMF Reiterates That El Salvador Is Just Shuffling Bitcoin


At a recent press briefing, the IMF reiterated that the number of bitcoins accumulated in the wallets of El Salvador had not changed and that the increases in the country’s bitcoin reserve fund were due to token shuffling across multiple addresses. IMF Denies El Salvador’s Alleged Bitcoin Purchases...

IMF Bombshell Footnote Solves El Salvador’s Bitcoin Accumulation Mystery


The IMF has finally referred to the current status of the accumulation of bitcoin by the government of El Salvador in its latest compliance report, stating that the government had been consolidating its bitcoin stash from several addresses into one. El Salvador Bitcoin Accumulation Mystery...

IMF-El Salvador Deal Bitcoin Compliance Goals Broken: Chivo Wallet Involved


The latest report issued by the IMF on the compliance of El Salvador’s actions with the guidelines established in the $1.4 billion credit facility deal approved in February revealed that Chivo Wallet led the nation to miss the bitcoin non-accumulation quotas. Bitcoin Non-Accumulation Compliance...

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