IMF Says Chivo Bitcoin Wallet Talks Advance in El Salvador Review

The IMF’s El Salvador mission chief stated that the government is in advanced negotiations to sell the Chivo Bitcoin wallet, with discussions proceeding smoothly. Monday’s IMF statement also noted that separate talks regarding Bitcoin purchases are underway. These negotiations are part of broader economic reform measures under the $3.5 billion Extended Fund Facility program. The IMF continues to engage with El Salvador as the nation pursues its Bitcoin strategy, maintaining dialogue on transparency, public fund protection, and risk management.

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