IMF Says El Salvador’s Recent Bitcoin Acquisitions Did Not Use Public Funds
IMF says El Salvador used no public funds for recent Bitcoin buys The IMF said El Salvador documented that Bitcoin acquired since the first review of its IMF program came from private donations, not public funds, while the government sharply reduced its role in Chivo by handing majority ownership and operational control to a private operator. The staff-level agreement also calls for more transparency on the country’s BTC wallets, tighter public-sector crypto risk controls, and no further Bitcoin accumulation beyond documented donations.