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IMF-El Salvador Deal Bitcoin Compliance Goals Broken: Chivo Wallet Involved
18.7.2025
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...
IMF says El Salvador to make ‘efforts’ to stop Bitcoin buys with $120M payments deal
28.5.2025
The International Monetary Fund said it has reached an agreement with El Salvador to pay the country $120 million following an initial review of its $1.4 billion loan agreement struck last year.The IMF said on May 27 that as part of the deal, El Salvador will need to fulfill its prior obligations...
IMF says El Salvador to make ‘efforts’ to stop Bitcoin buys with $120M payments deal
28.5.2025
The International Monetary Fund said it has reached an agreement with El Salvador to pay the country $120 million following an initial review of its $1.4 billion loan agreement struck last year.The IMF said on May 27 that as part of the deal, El Salvador will need to fulfill its prior obligations...
IMF asks El Salvador to stop public sector Bitcoin buys for $1.4B deal
4.3.2025
The IMF has issued new requests under its $1.4 billion deal with El Salvador, aiming to restrict BTC purchases by the public sector
IMF deal to ban public sector ‘Bitcoin accumulation’ in El Salvador
4.3.2025
The IMF has issued new requests under its $1.4 billion deal with El Salvador, now wanting to restrict BTC purchases by the public sector
IMF deal to ban public sector ‘Bitcoin accumulation’ in El Salvador
4.3.2025
The IMF has issued new requests under its $1.4 billion deal with El Salvador, aiming to restrict BTC purchases by the public sector
IMF deal to ban public sector ‘Bitcoin accumulation’ in El Salvador
4.3.2025
The IMF has issued new requests under its $1.4 billion deal with El Salvador, aiming to restrict BTC purchases by the public sector
IMF deal to ban public sector ‘Bitcoin accumulation’ in El Salvador
4.3.2025
The IMF has issued new requests under its $1.4 billion deal with El Salvador, aiming to restrict BTC purchases by the public sector
IMF Calls on El Salvador to Reconsider Bitcoin Regulations
4.10.2024
On October 3, the International Monetary Fund (IMF) once again pressured El Salvador to reconsider its Bitcoin policy…
IMF pressures El Salvador to overhaul Bitcoin regulations
3.10.2024
According to the International Monetary Fund, El Salvador has a 3% annual GDP growth rate and roughly $144 million in outstanding loans
IMF exec board endorses crypto policy framework, including no crypto as legal tender
23.2.2023
The principles are broad and general, with the exception of the stand against crypto as legal tender, which the IMF has repeatedly expressed to El Salvador
IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed
12.2.2023
According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of bitcoin. However, the United Nations financial...
El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender
2.2.2022
El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily” said, “No international organization is going to make us do anything, anything at all.”...
IMF urges El Salvador to remove Bitcoin's status as legal tender
25.1.2022
According to the IMF's executive board, the use of Bitcoin as legal tender carried “large risks” related to financial stability, financial integrity, and consumer protection
IMF Warns El Salvador Against Using Bitcoin as Legal Tender After ‘Bitcoin City’ Announcement
23.11.2021
The International Monetary Fund (IMF) has warned El Salvador against using bitcoin as legal tender due to various risks associated with cryptocurrency. The warning came one day after Salvadoran President Nayib Bukele announced his plan to build a “bitcoin city” powered by a volcano...
IMF Warns El Salvador, India's Crypto Soap Opera, Brazil's CBDC Pilot + More News
23.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: IMF Warns El Salvador, India's Crypto Soap Opera, Brazil's CBDC Pilot + More News
World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency Issues
17.6.2021
The World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank cited bitcoin’s “environmental and transparency shortcomings” as the reason. World Bank Won’t Help El Salvador With Bitcoin Law The World Bank said...
El Salvador's Bitcoin adoption an 'interesting experiment,' says BIS exec
11.6.2021
El Salvador’s move to make Bitcoin legal tender in the country continues to elicit reactions from legacy finance gatekeepers, this time from the Bank for International Settlements