Market News / Story
IMF Completes Second and Third Reviews of El Salvador Financing Deal, Grants Waiver After Bitcoin Holding Breach
Binance News ·
Binance News reports: The International Monetary Fund completed the second and third reviews of El Salvador's $1.4 billion financing arrangement, disbursed $139 million, and granted a waiver after the country violated limits on its Bitcoin holdings. According to Odaily, the IMF now expects the Salvadoran government not to buy more Bitcoin except for documented donations and to increase transparency around public Bitcoin holdings.