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El Salvador's $666 Million Bitcoin Reserve Passes IMF Review

Original: El Salvador's $666 Million Bitcoin Reserve Survives IMF Review, Unlocking $138 Million IMF cleared a new tranche for El

The IMF has completed its latest review of El Salvador's programme, releasing a new $138 million tranche despite the country holding roughly $666 million in bitcoin on its balance sheet. Restrictions on state-funded bitcoin purchases remain in place, and the fund is pressing for greater transparency around the government's crypto holdings.

Why now: The release of IMF funds shows El Salvador can keep its bitcoin reserve while staying in an IMF programme, a notable outcome for crypto adoption.

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Evidence

• El Salvador's $666 Million Bitcoin Reserve Survives IMF Review, Unlocking $138 Million IMF cleared a new tranche for El Salvador while keeping restrictions on state-funded Bitcoin buying intact. What the review means for reserves and transparency. https://… · newisty

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