IMF: El Salvador Commits to No Further Public Bitcoin Purchases

The International Monetary Fund (IMF) has reached a staff-level agreement with El Salvador for the second and third reviews of its Extended Fund Facility, potentially unlocking $140 million. The IMF confirmed that the Chivo wallet has largely transitioned to private operation and that recent Bitcoin acquisitions were funded by private donations, not public resources. El Salvador has pledged to refrain from using public funds for future Bitcoin purchases and agreed to modernize its regulatory framework for digital assets.