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. The cash will support El Salvador’s reform agenda and is subject to approval from the IMF Executive […] The post El Salvador Inks $1,400,000,000 Funding... source: https://dailyhodl.com/2024/12/20/el-salvador-inks-1400000000-funding-deal-with-imf-but-agrees-to-wind-down-involvement-in-chivo-bitcoin-wallet/