IMF verifies El Salvador bitcoin gains came privately
The International Monetary Fund has confirmed that all bitcoin added to El Salvador’s official holdings since June 2025 came from private donations, with no public resources used to expand the country’s cryptocurrency position. The disclosure was contained in an IMF statement issued after staff reached agreement with Salvadoran authorities on the combined second and third reviews of the country’s…
El Salvador's President Nayib Bukele has denied that the country's bitcoin reserves have been transferred to a private operator as part of a loan agreement with the International Monetary Fund (IMF). The IMF recently announced a preliminary deal with El Salvador, unlocking US$140 million (RM590 million) in fresh funding as part of an austerity reform programme.
Bukele clarified on X that only Chivo's shares were transferred, not the Strategic Bitcoin Reserve, refuting earlier media reports. The IMF stated that no further Bitcoin accumulation beyond documented donations is expected.
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