IMF Confirms Private Donations Fund El Salvador's Bitcoin Accumulation
The International Monetary Fund (IMF) has confirmed that El Salvador's accumulation of Bitcoin since June 27, 2025, came from private donations, not public funds. This clarification addresses concerns about government Bitcoin purchases.
This news comes as part of a staff-level agreement on El Salvador's Extended Fund Facility (EFF) reviews, which could release approximately $140 million pending IMF Board approval and prior actions.
Furthermore, El Salvador has reduced its public role in the Chivo Bitcoin wallet, transferring majority control to a private operator while retaining minority ownership and custodial duties.