IMF Says Donations Drove El Salvador Bitcoin Reserve Growth

The IMF said private donations, not public resources, drove El Salvador’s Bitcoin reserve growth since the first review, and no further accumulation beyond documented donations is expected. According to BeInCrypto, the finding came with a staff-level agreement on the country’s combined second and third program reviews, which could unlock about $140 million if approved by the Executive Board. The IMF also said El Salvador and the Fund agreed to tighten oversight of digital assets, while public involvement in the Chivo e-wallet has been substantially unwound.