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IMF Approves El Salvador Funds After Bitcoin Waiver

Original: IMF Approves El Salvador Funds After Waiver for Bitcoin Breach

The International Monetary Fund has approved funds for El Salvador after granting a waiver over the country's breach of bitcoin-related commitments under its lending program. The decision keeps the IMF arrangement on track despite El Salvador continuing activities with bitcoin that conflicted with the terms of its agreement with the Fund. Observers are watching how strictly the IMF will enforce conditions tied to the government's crypto policies.

Why now: El Salvador's ongoing bitcoin policies continue to test its IMF loan agreement, making this waiver and payout notable.

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• IMF Approves El Salvador Funds After Waiver for Bitcoin Breach · Bloomberg.com
• IMF Approves El Salvador Funds After Waiver for Bitcoin Breach · Bloomberg.com

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