El Salvador Inks $1,400,000,000 Funding Deal With IMF but Agrees To Wind Down Involvement in Chivo Bitcoin Wallet

The International Monetary Fund (IMF) has agreed to issue a $1.4 billion loan facility to the government of El Salvador, but there are some strings attached related to the Central American country's Bitcoin (BTC) and crypto adoption policies.

Dec 20, 2024 - 15:52
El Salvador Inks $1,400,000,000 Funding Deal With IMF but Agrees To Wind Down Involvement in Chivo Bitcoin Wallet
BTC BitcoinThe International Monetary Fund (IMF) has agreed to issue a $1.4 billion loan facility to the government of El Salvador, but there are some strings attached related to the Central American country's Bitcoin (BTC) and crypto adoption policies.

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